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Archive for August, 2007

Executives indicted over iPod orders

Thursday, August 30th, 2007


MacNN - Nine executives from the Taiwanese company Inventec Appliances have been indicted over insider stock trading relating to iPod orders, according to reports. The Banciao District Prosecutors Office has accused the executives, along with a lower-level
Source: www.macnn.com

Big Blue’s Global Hold
E-Commerce Times - No wonder IBM’s stock, trading at about $112, has risen by 50 percent over the past year — even after pulling back some in the market’s summer swoon. For IBM, aggressive globalization works. In fact, over the next few years, its approach could emerge
Source: www.ecommercetimes.com

Nasdaq to sell stake in London Stock Exchange
MSNBC - Nasdaq has not ruled out participating in a bid by seven investment banks, including Goldman Sachs Group Inc. and Citigroup Inc., to build a rival European stock-trading platform called Project Turquoise. Nasdaq and OMX could use their
Source: www.msnbc.msn.com

U.S. stock futures pointed higher, Altria Group (MO) could spin off

Thursday, August 30th, 2007


Stockhouse Canada - U.S. stocks could be on the mend this morning, as futures are pointed higher and trading above fair value heading into the open. Pre-market activity would suggest a higher open on the start of trading today, following yesterday’s late-session heavy
Source: www.stockhouse.ca

Stocks Head Toward Lower Opening
NPR News - In premarket trading, Dow Jones industrials futures expiring in September fell 32, or 0.24 percent, to 13,320, while Standard & Poor’s 500 index futures fell 3.00, or 0.20 percent, to 1,466.80. Nasdaq 100 index futures fell 5.50, or 0.28 percent, to
Source: www.npr.org

Fake lawyer convicted, faces sentence of up to 130 years

Wednesday, August 29th, 2007


Los Angeles Daily News - NEW YORK - A man who posed as a lawyer and investment adviser has been convicted of stealing nearly $6 million from his clients. Mohammed Rafikian of Queens, also known as Mo Kian, owed millions after losing money day-trading, and he took over the

 


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