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October 9, 2007

TowneBank officials to ring NASDAQ’s closing bell

After its first day of stock trading on the NASDAQ stock exchange, Portsmouth-based TowneBank’s management team will ring the closing bell Tuesday in New York. Board members, including Norfolk Mayor Paul Fraim and Suffolk Mayor James Holley, will officially close the market at 4pm.

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Ferris in talks on SEC penalty

This is a multi-part message in MIME format. ------------=_47FF2C17.45A3D3F1 Content-Type: text/plain; charset=iso-8859-1 Content-Disposition: inline Content-Transfer-Encoding: 8bit Spam detection software, running on the system "server.destinpro.com", has identified this incoming email as possible spam. The original message has been attached to this so you can view it (if it isn't spam) or label similar future email. If you have any questions, see the administrator of that system for details. Content preview: Baltimore firm could pay $1.2 million fine in stock manipulation Ferris, Baker Watts is negotiating a... more...

Prodigious savers, Chinese now see stock market volatility

SHANGHAI — Zhang Mei sat inside a packed, smoke-filled stock trading hall here Wednesday, still pained by the sudden fall a day before in share prices that cost her almost a tenth of her retirement funds.

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Exas president arrested over insider trading

SAPPORO — Prosecutors arrested the president of a Tokyo-based building design company Thursday on suspicion of insider stock trading connected to the management merger of three home center operators into DCM Japan Holdings Co last June.

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