November 20, 2008
ChoicePoint investigation may widen
An informal Securities and Exchange Commission inquiry into stock trading by the two top executives at ChoicePoint appears to have turned into a full-blown investigation. Evidence of that shift hinges on a subtle wording change used in an SEC filing this week by the Alpharetta, Ga.-based data warehousing company.
SEC moves forward on Nasdaq application
The Nasdaq Stock Market Inc. on Tuesday moved ahead in its long-standing push to be recognized as an exchange by U.S. market regulators.
Lehman Brothers Holdings Inc., the nation's fourth-largest investment bank, on Tuesday said third-quarter profit fell less than expected, as strength in stock trading and investment banking offset losses from the struggling mortgage market.
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