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habe gerade etwas heraugefischt. cheers, guuruh http://www.quicken.com/investments/news/story/djbn/?story=/n… 101/BT20001101007469.htm&symbol=ICGE Itochu, Sumitomo Team With Top US E-Commerce Cos - Nikkei Wednesday, November 1, 2000 05:39 PM Mail this article to a friend TOKYO (Nikkei)--Two large trading companies, Itochu Corp. (J.CIT, news, msgs or 8001) and Sumitomo Corp. (J.SUT, news, msgs or 8053), will form separate alliances with leading U.S. business-to-business e-commerce firms, the Nihon Keizai Shimbun reported in its Thursday morning edition, citing sources at the two companies. Itochu will set up a Japanese joint venture with Internet Capital Group Inc. (ICGE, news, msgs) at the end of next month, initially capitalized at Y3 billion-Y4 billion but scheduled to rise to Y7 billion-Y8 billion in the future, company sources said, according to the business daily`s report. The 50-50 venture will provide e-commerce start-up firms with comprehensive financial support services, such as credit management, account settlement and payment collection, the report said. The firm is expected to start operations in early January and is targeting sales of Y100 billion annually in three years. Sumitomo will acquire a $30 million stake in VerticalNet Inc. (VERT, news, msgs) to offer global e-commerce trading by product segment, such as chemicals and machinery parts, Sumitomo sources said. The two companies have already started jointly offering e-commerce trading specializing in spot transactions of commodity microchips and electronic parts. Sumitomo`s $30-million investment will be the largest by a Japanese trading company in the e-commerce sector. **** Japanese B2B e-commerce transactions are expected to expand to Y70 trillion in 2003, the report said. **** ====== nb halter von ICGE: http://biz.yahoo.com/hd/i/icge.html http://biz.yahoo.com/hd/mf/i/icge.html http://www.internetcapital.com/network/fastfacts/ http://biz.yahoo.com/n/i/icge.html Top Institutional Holders of ICGE Shares Value General Electric Company 8,396,681 $99,710,587 Fleetboston Financial Corporation 3,649,585 $43,338,822 Merrill Lynch & Co., Inc. 3,315,322 $39,369,449 Price (T.Rowe) Associates 3,083,763 $36,619,686 Barclays Bank Plc 1,837,069 $21,815,194 United States Trust Company of New York 1,755,656 $20,848,415 Munder Capital Management, Inc. 1,292,150 $15,344,281 Chase Manhattan Corporation 1,194,092 $14,179,842 Amerindo Investment Advisors Inc. 1,061,700 $12,607,688 Bowman Capital Management, LLC 907,700 $10,778,938 Top Mutual Fund Holders of ICGE Shares Value Munder Netnet Fund 1,000,000 $11,875,000 Janus Global Technology Fund 400,000 $4,750,000 American General Series Portf-Science & Technology Fund 300,000 $3,562,500 Fidelity Magellan Fund Inc 285,000 $3,384,375 Janus Mercury Fund 225,835 $2,681,791 Amerindo Technology Fund 181,240 $2,152,225 Fidelity Select Portfolios - Technology 177,840 $2,111,850 First American Large Cap Growth Fund 125,808 $1,493,970 Guardian Park Avenue Fund Inc 120,200 $1,427,375 Janus Worldwide Fund 111,390 $1,322,756 |
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| aus der Diskussion: | INTERNET CAPITAL GROUP - es geht los ? |
| Autor (Datum des Eintrages): | guuruh (02.11.00 21:28:09) |
| Beitrag: | 9 von 17,989 (ID:2248893) |
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