OSC rejects settlement with Melnyk
The Ontario Securities Commission has rejected a proposed settlement with Biovail chairman Eugene Melnyk for alleged violations of stock trading rules.

The Ontario Securities Commission has rejected a proposed settlement with Biovail chairman Eugene Melnyk for alleged violations of stock trading rules.
US STOCKS-Drug stocks' slide offsets banks
* Merck, Schering-Plough lead pharmaceuticals lower
Australia's exchange to buy Sydney Futures
The Australian Stock Exchange agreed Monday to buy Australia's biggest futures market for 2.25 billion Australian dollars.
Washington Group International CEO Establishes Rule 10b5-1 Stock Trading Plan
Washington Group International, Inc. today announced that Stephen G. Hanks, president and chief executive officer, has adopted a pre-arranged stock trading plan in accordance with the company's policies for stock transactions and the guidelines specified by Rule 10b5-1 under the Securities and Exchange Act of 1934.
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