‘Facilities for stock trading need to be expanded’
“Facilities for trading in stock are now limited to only a few cities and towns. The same should be expanded up to upazila level to help investment of small funds.”
May 9, 2007
Cost-Conscious Companies Turn to Open Source Software
After the tech bubble burst, E*Trade's technology chief, Lee Thompson, needed to find a way to do more with less. In 2001 and 2002, the online stock trading company shrank its tech budget by one-third. "We had to go through and figure out every penny that we were spending and make alternatives to reduce those costs," says Thompson, vice-president and chief technologist of E*Trade.
Acquisitions and equities lift profit at Bear Stearns
Buoyed by stock trading and a ninefold increase in merger and acquisition deals, Bear Stearns surprised analysts Thursday with a record first-quarter profit, the third Wall Street firm to do so.
Pakistan Stocks, Rupee Advance After President Musharraf Quits
Aug. 18 (Bloomberg) -- Pakistan stocks and the rupee rose after President Pervez Musharraf resigned, ending a six-month standoff that had distracted the government from preventing an economic slowdown. Link to original article