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July 7, 2006

Stocks turn mixed as jobs report looms

Stocks closed higher Thursday but struggled to keep earlier gains as an initial enthusiasm over weak economic reports and a tobacco-led bump in the Dow gave way to anxiety over Friday’s big jobs report.

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Canada Pension Pays C$17.5 Million for Stake in Alpha Bourse

July 30 (Bloomberg) -- Canada Pension Plan Investment Board agreed to invest C$17.5 million ($16.4 million) for a 10 percent stake in a new stock trading system that will compete with TSX Group Inc.'s Toronto Stock Exchange. Click here for more info

Exchanges Having a Field Day

International Securities Exchange (ISE) is booming higher today along with other exchange stocks on the heels of the announcement that Chicago Mercantile Exchange Holdings (CME) is going to acquire CBOT Holdings (BOT) ( Read More )

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NYSE traders face uncertain future as exchange heads into digital age

Michael Rutigliano used to feel like Mickey Mantle each time he stepped on the New York Stock Exchange floor. The longtime NYSE broker said it “felt like walking on to the field of the Yankee Stadium of the business world, complete with lights, referees, uniforms, hand signals, and scoreboards. There’s a palpable energy, a sense you entered the premier business arena in the world.”

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