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April 13, 2007

NYSE, Nasdaq look into domestic exchange takeovers

The New York Stock Exchange claimed bragging rights over the Nasdaq Stock Market Inc. in their bid to form the first cross-border stock exchange. But, now the quest for expansion might take them closer to home.

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'You are my heroes,' Stewart tells employees

Stewart and Bacanovic • Indictment: U.S. v. Stewart and Bacanovic • Complaint: SEC v. released from prison BACKGROUND • Timeline of the stock trading scandal • The life of Martha Stewart •

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Ex-State Street CEO in Line for NYSE Post

Marshall N. Carter, former chairman and chief executive officer of State Street Corp., is the top candidate to become chairman of the New York Stock Exchange, according to sources close to the situation.

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Dow Ends Down 81 After Two Downgrades

Stocks posted their first noteworthy losses of 2006 Thursday as analyst downgrades of two Dow Jones industrials and rising oil prices prompted investors to take profits one session after the major indexes reached new multiyear highs.

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