Cygnus Announces Merger, Stock Split and Stock Trading
Cygnus eTransactions Group, Inc. announced it’s merger with Cygnus Entertainment, Inc. and a subsequent 3 for 1 stock split for shareholders for the combined shareholders in Cygnus eTransactions Group.
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Montreal Exchange Profit Rises on Options Trades
Oct. 24 (Bloomberg) -- Montreal Exchange Inc., owner of Canada's derivatives market, said third-quarter profit rose 17 percent on a surge in trading of stock options and index derivatives.
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LaBranche Down After Forecasting 2Q Loss
LaBranche & Co. stock fell Friday after the large stock-trading company forecast a net loss for the second quarter. Shares of LaBranche fell $2.47, or 20 percent, to $9.97 in morning trading on the New York Stock Exchange.
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Stock Probes Involve Some High-Profile Names
Stock trading investigations are on a brisk pace in 2007, running between about 10% and 12% ahead of last year's levels through the end of March, regulatory sources tell me. These figures cover probes by the Securities & Exchange Commission and the various stock exchanges. Major corporate names are included among some of the more recently initiated trading investigations. They include studentloan ... more...