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August 28, 2008

The Hanover Insurance Group CEO Enters into Pre-Arranged Stock Trading Plan

The Hanover Insurance Group, Inc. , today announced that the company’s chief executive officer, Frederick H. Eppinger, has entered into a pre-arranged stock trading plan. The plan allows Eppinger to exercise up to 100,000 options to purchase The Hanover Insurance Group, Inc. common stock and to sell the shares upon the exercise of these options.

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Stocks up on expected foreclosure deal but Dow off

NEW YORK (Reuters) - Most U.S. stocks rose on Thursday after news that Citigroup Inc agreed to support legislation aimed at stemming home loan foreclosures, offsetting Wal-Mart's disappointing sales and outlook.

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ISE rallies on report of $68-share Deutsche Boerse bid

NEW YORK (MarketWatch) -- Shares of International Securities Exchange, the operator of an electronic options- and stock-trading platform, jumped 38% in pre-market trading after a press report said Germany's Deutsche Boerse is in advanced talks to buy the company for $68 a share, or a total of $2.6 billion. Read more here

Stocks surge on rate cut

Stocks rallied and bonds slumped Wednesday after the Federal Reserve cut a key short-term interest rate by a quarter point, as expected, and implied that it doesn't need to cut rates again for the time being.

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