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May 19, 2007

Monsanto’s CEO makes more than $3M by exercising options

Monsanto Co.’s CEO and chairman, Hugh Grant, exercised his options for 60,000 shares of common stock under a stock-trading plan established in October 2006 , according to a regulatory filing.

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The New York Stock Exchange To Merge With Archipelago

The New York Stock Exchange says it plans to merge with an electronic stock trading company called Archipelago. The NYSE is the world`s biggest stock exchange and one of the few places where stocks are still bought and sold by traders shouting and gesturing at each other.

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What went wrong with value funds

Value investors have a simple, elegant strategy. They buy a stock trading cheaply relative to the company's earnings or business value and then patiently wait for the market to catch on to how wonderful it is.

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China stocks end up 2.1 percent on tax cut hopes

SHANGHAI, Mar 3 - Chinese stocks rose sharply on Monday, far outperforming slides in foreign markets, and turnover hit a one-month high because of speculation that authorities might cut the stock trading tax.

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