December 2, 2008
Nasdaq Sees $100M In Annual Savings From Instinet Deal
NEW YORK (Dow Jones) -- Nasdaq Stock Market Inc. (NDAQ) officials are aiming for $100 million in annual "synergy" savings from their deal for Instinet Group Inc.'s (INGP) stock-trading network, said Nasdaq Chief Executive Robert Greifeld. Link to original articleEx-Biogen counsel agrees to SEC settlement
Biogen Idec Inc.'s former general counsel reportedly will pay $3 million to settle an investigation into allegations leveled by the Securities and Exchange Commission concerning insider stock trading.
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