Tyco International Ltd. has completed the spinoff of two units, Tyco Electronics Ltd. and Covidien Ltd., creating three independent companies that begin regular trading on the New York Stock Exchange Monday.
ATLANTA - When the state’s securities law went into effect in 1973, most people did not own 401(k) plans, and no one had even heard of Internet stock trading.
Stocks turned decidedly lower Friday afternoon as crude prices gained over $1 and trading thinned ahead of the weekend before July 4.
Stocks made a late-day attempt at positive territory Friday, but in the end finished a roller coaster day slightly lower as thin trading and rising oil prices overcrowded earlier economic news.
The stock rally faded Friday afternoon as crude prices gained nearly $1 and trading thinned ahead of the weekend before July 4.
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