| Japan Hot Stocks-Yamaha Motor, Casio, Promise, Aeon, Inpex |
| Motorcycle maker Yamaha Motor Co rose 2.3 percent to 1,932 yen, benefiting from the dollar's gains against the yen, despite a price target reduction by JPMorgan to 1,800 yen from 2,000 yen. |
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Bigger may be better as smaller hedge funds give up
BOSTON (Reuters) - Bigger may really be better for hedge funds at a time the $2 trillion (1 trillion pound) industry's smaller players face tough choices of either merging or being forced out of business.
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Wachovia raises $8B by offering common, preferred stock
All Associated Press news CHARLOTTE, N.C. (AP) - Wachovia Corp. says it has raised $8.05 billion in an offering of common and preferred stock.The nation's fourth-largest bank says the amount exceeds i...