AS COMPETITION IN THE MUTUAL fund BUSINESS GROWS INCREASINGLY INTENSE MORE PLAYERS IN THE INDUSTRY APPEAR WILLING TO SACRIFICE INTEGRITY IN THE NAME OF PERFORMANCE (4T0C0201)
FREED TO TRYING TO LURE BUSINESS BUILT ON PUBLIC CONFIDENCE THIS TREND IS THIS TIGHTENING AND BEST AND DOWNRIGHT DANGEROUS AT WORST (4T0C0202)
SO FAR THIS YEAR THE INDUSTRY SLIDE HAS BEEN APPARENT IN ALLEGATIONS OF INSIDER TRADING BY FUND MANAGERS AND SAVE REFUND SALES PRACTICES AT BANKS AND USE OF HIGH RISK DERIVATIVE SECURITIES IN EARLY CONSERVATIVE MONEY MARKET FUNDS (4T0C0203)
AND IN THE LATEST FLORIDA PUBLIC CONFIDENCE IN THE FUNDS' SOME ON THE INDUSTRY TIGHTEN FIDELITY INVESTMENTS DECIDED LAST FRIDAY TO SEND MYSTERY PRAISED THURSDAY'S PRICES FOR MOST FIDELITY FUNDS BECAUSE THE FRIDAY DATA WASN'T READY (4T0C0204)
IN THE ENSUING PUBLIC HUMILIATION SUFFERED BY FIDELITY THIS WEEK AS IT WAS FORCED TO FAST THAT TWO IT'S INTENTIONAL MISTAKE THE COMPANY HAS SOUGHT TO MAKE CLEAR THAT NOBODY BOUGHT OR SOLD A FUND DIRECTOR OF FIDELITY AT THE WRONG PRICE (4T0C0205)
THE NEWSPAPERS LAST SATURDAY ON KNOWING THE ILLICIT THURSDAY PRICES FOR ABOUT ONE HUNDRED FIFTY OF FIDELITY'S TWO HUNDRED MAE FUNDS THE COMPANY SAYS TRANSACTIONS EFFECTIVE FRIDAY AND MADE THE TREK PRICES WHICH FIDELITY RECEIVED AFTER IT MET MR. BYRD AIRLINES WITH THE WRONG DATA EARLY FRIDAY EVENING (4T0C0206)
BUT THAT DOESN'T CHANGE THE FACT THAT MOST FIDELITY'S SHAREHOLDERS RELIED TOO IN VARYING DEGREES AT THE LITTLE DIFFERENT PRICES IN NEWSPAPERS LAST WEEKEND (4T0C0207)
THE UNIDENTIFIED FIDELITY EMPLOYEE AND MADE THE DECISION TO GO WITH INCREASED PRICES SHOULD SIMPLY HAVE LISTED THEM AS NOT AVAILABLE (4T0C0208)
that would be stunned if fidelity procedure said jean genius and senior vice president at the boston based company (4t0c0209)
fidelity's mistake and most of the south minister black eye suffered by the fund industry this year have one thing in common they could have been prevented if the employees involved for playing by the rules into a fund a company's internal rules or the prudent man rule that is supposed to govern the new investment of many infested by the public to allegedly professional money managers (4t0c020a)
the pal is that they can become very tempting to bend or break the rules in the name of staying competitive (4t0c020b)
TAKE FIDELITY'S CASE AS AN EXAMPLE (4T0C020C)
SOMEONE THERE HAD TO MAKE A FAST DECISION WHEN A SOFTWARE PROBLEM RESULTED IN POSH FUND PRICES LAST FRIDAY SHORTLY BEFORE THE COMPANY WAS DUE TO REPORTS TODAY IS DATED TO THE NEWSPAPERS (4T0C020D)
IF FIDELITY HAD PROVIDED NO PRICES FOR MOST OF ITS FUNDS THE COMPANY BUT IT APPEARED TO BE HAVING A PROBLEM THAT WAS INSURED BY OTHER FUND COMPANIES WHICH OF COURSE WAS TRUE (4T0C020E)
MOREOVER INVESTORS TO COMPARE FIND PRICES AND PERFORMANCE BY USING WEEKEND NEWSPAPERS WOULD HAVE HAD LITTLE DATA ON FIDELITY FUNDS PERHAPS CAUSING FIDELITY'S A NEW INVESTMENT (4T0C020F)
YIELDS ON TAXABLE MONEY MARKET MUTUAL FUNDS ROSE SLIGHTLY IN THE LATEST WEEK WHILE TAX EXEMPT YIELDS DROP (4T1C0201)
I. B. C. DONOGHUE'S AVERAGE SEVEN DAY COMPOUND YIELD ON TAXABLE FUNDS ROSE TO THREE POINT SIX SIX PERCENT FROM THREE POINT SIX FOUR PERCENT IN THE WEEK ENDED TUESDAY ACCORDING TO MONEY FUND REPORT AN ASHLAND MASSACHUSETTS NEWSLETTER (4T1C0202)
COMPOUND YIELDS ASSUME REINVESTMENT OF DIVIDENDS (4T1C0203)
THE AVERAGE SEVEN DAY COMPOUND YIELD ON TAX FREE MONEY FUNDS FELL TO TWO POINT SEVEN THREE PERCENT FROM TWO POINT TWO ONE PERCENT THE NEWSLETTER SAID (4T1C0204)
THE LATEST YIELD IS EQUIVALENT TO A TAXABLE THREE POINT ONE SEVEN PERCENT FOR AN INVESTOR IN THE THIRTY SIX PERCENT TAX BRACKET AND TO THREE POINT THREE SIX PERCENT FOR SOMEONE PAYING THIRTY NINE POINT SIX PERCENT IN TAXES (4T1C0205)
TAX EXEMPT YIELDS TYPICALLY JOB AT THIS TIME OF YEAR BECAUSE OF A REDUCED SUPPLY OF SECURITIES AS MANY MUNICIPALITIES REACHED THE AEGEAN THIRTY END OF THE FISCAL YEAR SAID WALTER FRANK CHIEF ECONOMIST OF THE MONEY FUND REPORT (4T1C0206)
TAXABLE YIELDS MEANWHILE HAVE BEEN RISING STEADILY FOR SEVERAL MONTHS IN RESPONSE TO INCREASES IN SHORT TERM INTEREST RATES (4T1C0207)
MONEY FUND REPORT SAYS THE AVERAGE SEVEN DAY SIMPLE YIELD ON TAXABLE FUNDS ROSE TO THREE POINT FIVE NINE PERCENT FROM THREE POINT FIVE SEVEN PERCENT IN THE LATEST WEEK WHILE THE AVERAGE THIRTY DAY SIMPLE YIELD INCREASED TO THREE POINT FIVE THREE PERCENT FROM THREE POINT FOUR SIX PERCENT AND THE AVERAGE THIRTY DAY COMPOUND YIELD WENT TO THREE POINT FIVE NINE PERCENT FROM THREE POINT FIVE TWO PERCENT (4T1C0208)
ALTHOUGH ASSETS OF THE TAXABLE FUNDS TRACKED BY MONEY FUND REPORT REMAINED STABLE AT ABOUT FOUR HUNDRED SEVENTY TWO POINT SIX SEVEN BILLION DOLLARS TWELVE FUNDS THAT JUST BEGAN REPORTING TO THE NEWSLETTER ADDED THREE POINT SEVEN FIVE BILLION DOLLARS TO ASSETS ARE SETTING WHICH RALSTON THE SIX HUNDRED SIXTY FUNDS THAT ALREADY INCLUDED (4T1C0209)
INDIVIDUAL INVESTORS WITH JURY JUST OVER TWO BILLION DOLLARS FROM THE FOUR HUNDRED FIFTY TWO FUNDS INSTITUTIONS OR INVESTORS PULLED ABOUT ONE POINT SEVEN BILLION DOLLARS FROM TWO HUNDRED EIGHT FUNDS ACCORDING TO THE NEWSLETTER STATE (4T1C020A)
ASSETS OF TAX FREE FUNDS DECLINED BY NINE HUNDRED FORTY FIVE POINT SIX MILLION DOLLARS TO ONE HUNDRED THIRTEEN POINT NINE ONE BILLION DOLLARS MONEY FUND REPORT SAID (4T1C020B)
HOWEVER FOUR NEW FUNDS ADDED ABOUT THREE HUNDRED SEVENTY ONE MILLION DOLLARS TO ASSETS INDICATING THAT INVESTORS AND THREE HUNDRED FIFTY ONE OTHER TAX FREE FUNDS ACTUALLY WITHDREW ABOUT ONE POINT THREE BILLION DOLLARS (4T1C020C)
AVERAGE MATURITY OF THE TAXABLE FUNDS' INVESTMENTS WHICH INCLUDE TREASURY BILLS AND OTHER GOVERNMENT SECURITIES AND COMMERCIAL PAPER SHORT TERM CORPORATE I. O. U.S REMAINED AT FORTY FIVE DAYS (4T1C020D)
AVERAGE MATURITY OF THE TAX EXEMPT PORTFOLIOS PRIMARILY SHORT TERM MUNICIPAL SECURITIES LENGTHENED BY TWO DAYS TO FORTY FOUR DAYS (4T1C020E)
TODAY'S CUT THE WIDEST AND PEOPLE INSIST ON VACATIONING IN THE SOUTH OF FRANCE (4T1C020F)
DAVID BROCK'S COULDN'T RESIST THAT IF THE PHRASE IN HIS JUNE FIFTEENTH EDITORIAL P.'S I GET NO KICKS IN THIS GAME (4T1C020G)
WHAT'S WRONG WITH SIMPLY SOUTHERN FRANCE (4T1C020H)
COULD ONE VACATION IN THE SOUTH NEW JERSEY (4T1C020I)
I THINK NOT (4T1C020J)
SO TOO WITH FRANCE (4T1C020K)
THE PRACTICE IS ALMOST AS ANNOYING AS GIVING ONE SOUTH REPUBLIC NAMES SUCH AS THE ARCTIC FRANC WRITE OUR FIRST LADY HILLARY CLINTON BUT THAT'S A PLEA FOR ANOTHER DAY (4T1C020L)
CAR CORPORATION THE CANADIAN BOTTLER OF PRIVATE LABEL SOFT DRINKS THAT HAS MEANT A RISE THE STOCK MARKET WITH ITS MARKETING GAINS IN RECENT YEARS NOW HAS THE SHORT SELLERS ON ITS TAIL  (4T2C0201)
ITS SHARES FELL FOUR POINT EIGHT SEVEN FIVE DOLLARS CANADIAN ON WEDNESDAY TO TWENTY POINT ONE TWO FIVE DOLLARS ON THE TORONTO STOCK EXCHANGE THE DECLINE OF TWENTY PERCENT  (4T2C0202)
EARLY LAST WEEK THE STOCK WAS TRADING ABOVE THIRTY DOLLARS  (4T2C0203)
THE COMPANY'S STOCK ALSO PLUMMETED WEDNESDAY IN THE NINE STATES FALLING THREE POINT FIVE DOLLARS A NIGHT STATES TO FOURTEEN POINT FIVE DOLLARS IN NASDAQ TRADING  (4T2C0204)
MANY NOW SISTER SAYING THE CARD WAS STILL EXPANDING RAPIDLY WILL FALL SHORT OF ITS PROJECTED GROWTH RATE BECAUSE OF INCREASINGLY AGGRESSIVE PRICE CUTTING BY ITS TWO LARGEST AMERICAN RIVALS COCA COLA AND PEPSI COLA  (4T2C0205)
KHAN HAS ALSO BEEN DOGGED BY ALLEGATIONS THAT IT HAS INFLATED ITS DECLARED PROFITS BY USING AN ORTHODOX ACCOUNTING PRACTICES AND THAT IT IS RUNNING OUT OF CASH  (4T2C0206)
THE COMPANY REJECTS THE CHARGES AS DELIBERATE MS. INFORMATION PUT OUT BY SHORT SELLERS SPECULATORS WHO SELL BORROWED SHARES HOPING THE MARKET PRICE WILL FALL BEFORE THEY HAVE TO REPAY THE SHARES ORIGINAL OWNERS  (4T2C0207)
KHAN HAS EVEN TAKEN SOME OF ITS DETRACTORS TO COURT  (4T2C0208)
A MEMORANDUM FROM A TORONTO RESEARCH FIRM EQUITY RESEARCH ASSOCIATES INCORPORATED QUESTIONING THE HEALTH OF COPS CASH FLOW PROMPTED THE SUIT BY COURT EARLIER THIS YEAR SEEKING FORTY MILLION DOLLARS CANADIAN IN DAMAGES  (4T2C0209)
IN ADDITION QUESTIONS HAVE BEEN RAISED BY COX FAILURE SO FAR TO ISSUE ITS ANNUAL REPORT FOR THE FISCAL YEAR THAT ENDED JANUARY TWENTY NINTH NINETEEN NINETY FOUR  (4T2C020A)
THE REPORT MUST INCLUDE FULL FINANCIAL STATEMENTS AND THE ASSURANCE OF ITS OUTSIDE AUDITORS COOPERS AND LYBRAND THAT THE STATEMENTS CONFORM TO GENERALLY ACCEPTED ACCOUNTING PRINCIPLES  (4T2C020B)
KOCH INVITED SOME CANADIAN AND AMERICAN ANALYSTS TO ITS TORONTO HEADQUARTERS WEDNESDAY TO TALK ABOUT THE COMPANY'S PROSPECTS  (4T2C020C)
THE UNIVERSITY OF CHICAGO PROFESSOR ROAMING WILD WAS BROUGHT IN TO HELP FIELD QUESTIONS ON THE ACCOUNTING MATTERS  (4T2C020D)
THE HOST OF THE MEETING WHICH WAS CLOSE TO THE PRESS WAS THE COMPANY'S CHAIRMAN AND CHIEF EXECUTIVE OFFICER GERALD PENCE ARE FORTY NINE AN ENTREPRENEUR WAS LAST BIG VENTURE FINANCIAL TRUSTCO CAPITAL LIMITED WAS ONE OF THE LARGER CANADIAN BUSINESS FAILURE COLLAPSE IS THE LAST DECADE  (4T2C020E)
ACCORDING TO JACQUES OF MAFIA IN AN ANALYST AT THE DESK GOBIE AND JAFFRAY INCORPORATED A MONTREAL BROKERAGE HOUSE REPRESENTED AT THE MEETING SPENCER AND OTHER SENIOR EXECUTIVES ACKNOWLEDGE THAT THE COMPANY'S GROWTH RATE WOULD DROP DRAMATICALLY THIS YEAR  (4T2C020F)