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August 22, 2006

Mizuho Sec demands $350 mln from bourse for error

TOKYO, Aug 22 (Reuters) - Japan’s Mizuho Securities has demanded $350 million in compensation from the Tokyo Stock Exchange in connection with a massive trading error last December, the head of the exchange said on Tuesday.

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Nesbitt sees further consolidation

MONTREAL–Global consolidation has changed the face of stock exchanges worldwide but the head of TSX Group Inc. says he sees a strong, independent Canadian exchange in the future.

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Monsanto Company Executives Adopt 10b5-1 Trading Plans

Monsanto Company today announced that several of its executives, including Hugh Grant, chairman, president and chief executive officer, Terry Crews, executive vice president, chief financial officer and vegetable business CEO, and Robb Fraley, executive vice president and chief technology officer, have established stock trading plans in accordance with Rule 10b5-1 of the Securities Exchange Act

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'Specialist' Trading Firm LaBranche Down

LaBranche & Co. stock fell Friday after the large stock-trading company forecast a net loss for the second quarter. Shares of LaBranche fell $3.02, or 24 percent, to close Friday $9.42 on the New York Stock Exchange. The shares fell as low as $9.30 earlier in the day.

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