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October 13, 2007

Wall Street gains on deal news

Stocks advanced on Friday, driven by a takeover bid in the software sector, data showing strength in consumer spending and a positive outlook from McDonald’s Corp.

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Dealers plan new Canadian stock-trading system

Seven of Canada's biggest investment dealers said on Thursday they plan to launch a new alternative trading system in 2008 to boost the efficiency of equity trading, news that sent shares of the owner of the Toronto Stock Exchange skidding.

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Doctors contributing to insider trading

SEATTLE - Doctors testing new drugs are sworn to keep their research secret until drug companies announce the final results. They pay doctors to divulge details early.

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Madoff discloses personal fortune to SEC

NEW YORK - Bernard Madoff gave the Securities and Exchange Commission a list of his personal assets Wednesday, but investors may have to wait to learn whether the filing contains any clues as to the whereabouts of their missing billions. The money manager, under house arrest, had faced a court-ordered deadline of Dec. 31 to turn over a detailed accounting of his homes, stock holdings, bank

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