November 20, 2008
SEC chairman says big mergers of exchanges will help competition
WASHINGTON (AP) — The big mergers planned by the New York Stock Exchange and the Nasdaq Stock Market will give them dominance in stock trading but likely will not hurt competition, the government’s top securities regulator said Thursday.
Japan Stocks Plunge on Profit Concern, Weak Euro; Sony Drops
Oct. 22 (Bloomberg) -- Japan stocks plunged, driving the Topix index down more than 7 percent for the fourth time in two weeks, on concern the slowing global economy will weigh on profits and as the tumbling euro cut the value of European sales. Link to original articleInvestors are likely to be cautious ahead of Friday's U.S. stock trading - at least until the February employment report is released one hour before the opening bell.
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