News: SEC shuts down trading for 35 companies due to spam
The US Securities and Exchange Commission suspends stock trading for 35 companies whose stock was allegedly hyped by spam e-mail.
March 9, 2007
(AFX UK Focus) 2008-12-23 22:39 UPDATE 1-Knight Capital sees $50 mln gain from Direct Edge deal
Dec 23 (Reuters) - Knight Capital Group Inc said it sold about 0.9 million of its 2.8 million Direct Edge Holdings LLC units and its interest in ISE Stock Exchange to the International Securities Exchange for $47.5 million. The electronic trading services provider said it would recognize a pre-tax gain of about $50 million from the deal in its fourth-quarter results. In August, stock trading... more...
The Dow Jones industrial average (Charts) straddled the breakeven point in the final minutes after tumbling by as much as 220 points earlier in the session.
The 'Fast Money' Portfolios of the Week
Here are some of the stocks the 'Fast Money' crew has been talking about lately.
