Jet engine manufacturer Heico Corp. said Tuesday it will pay a regular semiannual dividend of 5 cents a share. The dividend is payable on Jan. 23, 2008 to shareholders who hold either of its two classes of common stocks on January 9, 2008.
Wall Street seeks a stake in privatizing markets
Two deals to secure places to trade stocks and options that could eventually be alternatives to the New York Stock Exchange and the Nasdaq market are about to be announced.
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Pacific Exchange's Sale to Archipelago Is OKd
The Pacific Exchange's shareholders Tuesday approved a plan to sell the business for about $90 million in cash to Archipelago Holdings Inc., ending 143 years of independence for the stock-options market.
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