We outlined three points in 2006 on why Zecco’s free trading model raised some red flags. Unsurprisingly, the discount online brokerage firm has been forced to change its pricing structure due to the economic crisis. Over the years, the zero commission brokerage service increased the minimum asset balance to $2,500 and decreased free trades from 40 to 10. Now the company is putting further
Romania halts stock trading after shares plunge - Summary
Bucharest - The Bucharest stock exchange ended Wednesday's session early after most blue-chip shares fell by more than 12 per cent during the first hour of trading. Trading was to resume Thursday, the Romanian exchange's operators said.
Mueller Water Products, Inc. announced that its stockholders approved a proposal to simplify the Company's capital structure by converting its Series B common stock into its Series A common stock pursuant to a provision for that conversion in the Company's Restated Certificate of Incorporation.
Ten investments you don't need
In a pitch to local pride, one promoter is trying to launch exchange-traded funds that track indexes of Texas and Oklahoma stocks. Granted, those states are in better financial shape than most, but in each case the ETF would be dominated by energy stocks.
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