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Archive for September, 2006

Hermes acquitted of manipulation

Saturday, September 30th, 2006


The Australian - Prosecutors had sought to fine Hermes 7.3 billion won ($10.3 million) for alleged unfair stock trading, claiming the fund’s former manager Robert Clements used an interview with a local newspaper to boost Samsung’s stock price and took profits later
Source: www.theaustralian.news.com.au

US EQUITIES WEEK AHEAD: Appeals Seen For Ex-Tyco Executives
Beurs.nl - Meanwhile, Nasdaq’s chief rival will ramp up an improved electronic stock-trading system starting Oct. 6. That’s when the New York Stock Exchange, a unit of NYSE Group Inc. (NYX), will start the gradual rollout of the third phase of its ‘hybrid
Source: www.beurs.nl

The Inefficient Market Reality
Motley Fool - With about $75,000 of its stock trading hands on any given day, it’d take you nearly three weeks to build your position, and that’s if you’re willing to monopolize the volume. In so doing, though, your added buying pressure would raise the price of
Source: www.fool.com

Most Asian Markets Climb on Friday

Saturday, September 30th, 2006


Yahoo Finance - The benchmark Straits Times index was trading lower most of the day, ignoring overnight gains in Wall Street, but closed 0.9 points higher at 2,568.9 points. SYDNEY: Australian shares gained, pushed higher by mining stocks and end of quarter buying by
Source: www.stockhouse.ca

Commodities are a drag on market

Friday, September 29th, 2006


Sydney Morning Herald, Australia - Sep 26, 2006… On the Sydney Futures Exchange, the December share price index contract ended day trading 18 points higher at 4996, on a volume of 14,556. …
Source: www.smh.com.au

Update — DJ Misses New High
Forbes - 20 hours agoThe Dow Jones Industrial Average rose for the fourth day in a row, but didn't close at a record high despite briefly passing the record in intra-day trading. …
Source: www.forbes.com

JGBs Rise Sharply on Tokyo Stocks' Slump
Black Enterprise, NY - Sep 20, 2006… JGBs staged a sharp rally at the outset of the day's trading, aided by an overnight rise of US Treasuries and a substantial drop in the Nikkei stock average. …
Source: www.blackenterprise.com

 


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