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October 4, 2008

SEC looks into false Jobs heart attack claim

The SEC said on Friday that it would investigate a false claim made earlier in the day that Apple chief Steve Jobs had suffered a heart attack. The hunt is prompted after the reportedly inaccurate assertion, made on CNN’s iReport citizen journalism site, triggered a panic sell-off in the stock market and ultimately contributed to Apple’s stock trading at a new 52-week low. Company shares ended

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Livedoor Shares End Untraded, Offered at Lower Limit

Jan. 18 (Bloomberg) -- Shares of Livedoor Co., the Japanese Internet company that allegedly broke securities laws, closed untraded with offers to sell at the lower limit. Japan's stock market shut early after a surge in orders overloaded computers. Link to original article

NYSE's $10.2 billion bid for Euronext heats up competition with Nasdaq

The New York Stock Exchange and the Nasdaq Stock Market Inc. are racing to become the world’s first transatlantic stock trading center. It’ll be an expensive, time-consuming proposition and a fair amount of risk for stock exchanges on both sides of the ocean.

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Turquoise, Backed by Large Banks, Seeks New Capital

Nov. 28 (Bloomberg) -- Turquoise , an alternative European stock-trading system set up by the largest Wall Street firms, has approached four companies as it seeks to raise capital. Read more here

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