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  • CalPERS Responds To LAO Analysis Of Pension Reform Initiatives

    Date 31/12/2011

    The California Public Employees’ Retirement System (CalPERS) today issued the following response to the Legislative Analyst’s Office (LAO) analysis of Government Employee Pension Reform Act initiatives:

    "The Legislative Analyst's Office raises legitimate and serious concerns about both initiatives and the legality of the proposed changes which would have the most severe impact on existing employees," said Anne Stausboll, CalPERS Chief Executive Officer. "Additionally, the LAO rightly identified the 'large uncertainty about (these measures') possible fiscal effects' and how they 'would apply to the variety of public employees in California …'"

  • NYSE Announces First-Quarter 2012 Circuit-Breaker Levels

    Date 30/12/2011

    The New York Stock Exchange will implement new circuit-breaker collar trigger levels for first-quarter 2012 effective Tuesday, January 3, 2012.

  • BATS 1000 Index Down 0.6% This Week

    Date 30/12/2011

    BATS Global Markets, a global stock market operator, reports the BATS 1000® Index (Ticker: BATSK) ended the last trading week of the year down 85.79 points, or 0.6%, to close at 14,389.22 as of 4 p.m. ET today. For the year, the BATS 1000 Index rose 1.1%.

  • Program Trading Averaged 32.2 Percent Of NYSE Volume During Dec. 19-23

    Date 30/12/2011

    The New York Stock Exchange, a subsidiary of NYSE Euronext (NYX), today released its weekly program-trading data compiled from member firms’ executed volume from NYSE’s orders database. The report includes trading on the NYSE for Dec. 19-23.

  • Oslo Børs: 2011 – A Year Marked By Uncertainty

    Date 30/12/2011

    2011 will be remembered by many principally for the uncertain and volatile macroeconomic conditions seen around the world. Financial markets have been particularly affected by the economic problems that several European countries have experienced as a result of a high level of national debt. Here in Norway, we will remember the 2011 stock exchange year principally for the record level of activity in the primary market, as well as for the North Sea oil discoveries in the Avaldsnes and Aldous fields that have given renewed optimism for Norway's future as an energy nation.