December 5, 2008
NYSE boosts Euronext bid to $10.2 bil
The New York Stock Exchange ratcheted up its fight to become the world's first trans-Atlantic stock trading center Monday, making a $10.2 billion cash-and-stock bid for European exchange operator Euronext NV. Euronext called it the best offer on the table.
LaBranche Down After Forecasting 2Q Loss
LaBranche & Co. stock fell Friday after the large stock-trading company forecast a net loss for the second quarter. Shares of LaBranche fell $2.47, or 20 percent, to $9.97 in morning trading on the New York Stock Exchange.
Asian Markets Slide After Recent Rallies
Most Asian markets dropped Thursday after strong gains in recent sessions. Japanese stocks declined after briefly touching a 6 1/2-year high, while Chinese stocks tumbled 4 percent in its biggest one-day decline in more than six months.
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