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April 21, 2005

UPDATE: NYSE, Archipelago To Merge In Historic Deal >AX

NEW YORK (Dow Jones)–In a deal certain to reverberate through the stock- trading world, the tradition-laden New York Stock Exchange agreed to merge with Archipelago Holdings Inc. (AX), setting up a marriage between a nearly 213-year- old stock exchange and an upstart electronic market that didn’t exist 10 years ago but now is a big force in stock trading.
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Valero Energy Might Represent Buying Opportunity

Judith Levy submits: Excerpt from our Wall Street Breakfast, a one-page summary of this morning's key market-moving and stock-moving stories: AHEAD OF THE TAPE: The Case for Valero [Wall Street Journal ] Summary: Valero Energy, which reports Q3 earnings later today, is trading 23% below its price at the start of August.

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Dollar Extends Losses Vs Yen As US Stocks Open Lower

NEW YORK (Dow Jones)--The dollar has extended its losses Friday morning against the yen as U.S. equities markets open lower on persisting credit market concerns. More...

Gaming Rules For Trading Biotech Stocks

Mike Havrilla submits: Some people like playing cards, others prefer video games; but if you are reading this article, chances are you prefer trading biotech stocks. Biotech trading for most individual investors with their personal online accounts is a game with a clear measure of success or failure in the form of cash.

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