December 2, 2008
Hot rumors of Microsoft-Yahoo! merger, then cold splash of reality
Rumors of a Microsoft-Yahoo! merger led to some frenzied stock trading before the speculation was doused. Analysts, meanwhile, debate the pros and cons of a partnership.
Canada: Trading System Is Delayed
The Instinet unit of Nomura Holdings has delayed the start of its Canadian stock trading system until the middle of the first quarter to give investors time to adjust to new equity markets. Instinet said in June that it planned to bring its alternative trading system to Canada by the end of December. Instinet?s Chi-X Canada platform is one of at least three alternative trading systems being
Stocks gain on rail-driven rally
Stocks rose slightly on Monday as the transport sector rallied after Warren Buffett acquired a stake in three railroad companies and government data showed strong job growth last month.
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