A June 23 story,
Questionable Innovation: System Hides Block Trades From the Market, misquoted Greg Rogers, head trader at
Aronson+Partners
, a Philadelphia money manager, as saying, "Every desk you can name wants to take your orders and trade them eVWAP." In fact, Rogers said, "Every desk you can name wants to take your orders and trade them VWAP."
A June 29 story,
Update: Eli Lilly Jumps on Positive Trial Results, incorrectly stated that sepsis drug
Zovant
is licensed from
Lonza
. In fact, the drug, if approved, will only be manufactured by Lonza.
(corrected June 30)
A June 29 story,
Morningstar Conference: The Fight for Disclosure Rages On, misspelled the names of
Morningstar
research director John Rekenthaler and
First Eagle SoGen
fund managers Jean-Marie Eveillard and Charles de Vaulx.
(corrected June 29)
A June 28 story,
Lehman's Uncommon Value List Is Uncommonly Tech-Focused, incorrectly quoted analyst Neil Herman, in a
Lehman Brothers
report, as calling
BEA Systems
(BEAS:Nasdaq) the "premiere application software company." In fact, Herman called BEA the "premiere application server software company." (
corrected June 29
)
A June 27 column,
Caught in the Bermuda Trading Range, incorrectly gave resistance on the
S&P 500 Index
as 1475 to 1850. The correct resistance is 1475 to 1490. (
corrected June 28
)
A June 26 TaskMaster column,
Institutional Investors Benefit From Broad Rally, incorrectly calculated the fees paid to M&A advisers; 0.5% of $15 billion is $75 million, not $750 million.
(corrected June 27)
A June 26 story,
Out to Lunch? Webvan/HomeGrocer Deal Doesn't Deliver All the Answers, incorrectly reported the time windows for deliveries by
Webvan
(WBVN:Nasdaq) as 90 minutes and for
HomeGrocer
(HOMG:Nasdaq) as 30 minutes. In fact, it's the reverse: Ninety minutes for HomeGrocer and 30 minutes for Webvan.
(corrected June 26)
A June 22 story,
Cracking the Wall Street Research Monopoly, incorrectly reported the price of a report on
Rambus
(RMBS:Nasdaq) that appeared on the
iExchange.com
site. In fact, the report cost $5.
(corrected June 26)
