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November 20, 2008



Big banks announce stock trading system competitor to TSX Group

TORONTO (CP) - Canada's major banks plan to create an alternative stock trading system that would rival TSX Group Inc. (TSX:X). TSX Group shares slumped to a 52-week low on the news.

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Countrywide denies bankruptcy rumors as stock trading temporarily halted

Countrywide Financial Corp.'s shares began to recover Tuesday afternoon after the mortgage lender released a statement denying bankruptcy rumors. (CFC)

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