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July 1, 2006

Markets

Anil Ambani Group online trading kiosks at South Indian Bank branches The Reliance-Anil Dhirubhai Ambani Group (R-ADAG) company, R Trade will be setting up stock trading kiosks at the branches of South Indian Bank (SIB) spread across the country, to facilitate on-line equity trading for customers of both the

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SEC approves NYSE, Archipelago merger

The SEC on Monday approved the merger of the New York Stock Exchange with electronic rival Archipelago Holdings, a deal that will transform the Big Board into a for-profit company. It was the final hurdle for the deal.

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Great Call on General Electric! What's Next?

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Lehman Downgrades Publicis, But Lifts Target

0825 GMT [Dow Jones] Lehman Brothers downgrades Publicis (PUB) to equalweight from overweight, but raises the target price to EUR33.80 from EUR32. Says the group has outperformed the sector by over 10% during the course of last year, leading to the stock trading at a slight premium.

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