Stocks suffered their worst one-day slide in more than eight months on Tuesday, driving the blue-chip Dow average down almost 200 points, after China’s main equity index plunged on concerns that share valuations there had become overextended.
Top GOP lawmaker on finance committee defends active stock trading amid Wall Street crisis
WASHINGTON - The top Republican on the House Financial Services Committee struck paydirt on a stock option last year after betting that a Chinese advertising company would jump in value.
Consolidated Communications Holdings, Inc. today announced that certain of its executive officers have adopted 10b5-1 trading plans.
The Saudi bourse is to reduce stock trading commissions by 20% and allow dealers to negotiate further discounts, reported Gulf News. These changes are the first since the appointment of a new chief regulator last month and have been made in a bid to restore confidence following the recent crash.
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