Oct. 26 (Bloomberg) — Daiwa Securities Group Inc., Japan’s second-biggest securities firm, posted a 14 percent decline in second-quarter profit on a loss from trading stocks and as it earned less underwriting share sales.
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IBC seeks to restrict stock trading
Interstate Bakeries Corp. is asking the U.S. Bankruptcy Court to restrict trading of its stock by large shareholders to protect as much as $90 million in tax advantages.
It was one of the most celebrated insider-trading scandals of the last decade, sending Martha Stewart and her Merrill Lynch stockbroker to prison, along with the chairman of a high-flying biotechnology company. Now, it turns out, if they only had been more ... more...
Toronto, Montreal exchanges to merge, CBC says
CBC French-language service Radio-Canada reports the new organization will be managed from Toronto, but derivatives trading will stay in Montreal
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