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State Aid: Belgian Tax On Collective Investment Undertakings – European Commission Decides No State Aid Involved
Date 26/04/2006
Acting under the state aid rules of the EC Treaty, the Commission has today decided that the Belgian tax on collective investment undertakings (CIUs), about which investment funds in Luxembourg had lodged a complaint, does not constitute state aid. Unlike the complainants, which viewed the tax as an export aid, the Commission took the view that the non-taxation of Belgian CIUs as regards units marketed by them abroad stemmed from the internal rationale of the new tax regime in force
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Speech Today By The TSX Group CEO At The Annual And Special Meeting Of Shareholders
Date 26/04/2006
Click here to view the remarks delivered today by Richard Nesbitt, CEO, at the TSX Group Inc. Annual and Special Meeting of Shareholders.
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OMX – Interim Report January-March 2006
Date 26/04/2006
Operating income up 61 percent
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NYSE In Talks That Could Lead To One Or More Deals
Date 26/04/2006
In an updated filing related to a planned sale of stock, NYSE Group Inc. (NYX) said: "The securities industry has changed significantly in recent years through demutualizations and consolidations of a number of industry participants, and we believe that consolidations and strategic transactions are likely to continue in our industry. We regularly explore and evaluate strategic acquisitions and alliances in the United States and abroad that could provide us with opportunities to enhance our compe
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NYMEX Sets Daily Volume Records In NYMEX miNY<sup>TM </sup> Futures Contracts
Date 26/04/2006
The New York Mercantile Exchange, Inc. announced that it set daily volume records yesterday, on total NYMEX miNYTM and NYMEX miNYTM heating oil futures contracts.
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NASDAQ Adopts Listing Standards For New Market Tier - Listing Standards Will Be The Highest In The World
Date 26/04/2006
The Nasdaq Stock Market, Inc. (NASDAQ: NDAQ) today announced that it filed the initial listing standards for the new NASDAQ Global Select Market with the Securities and Exchange Commission. The standards will have financial and liquidity requirements that are higher than those of any other market in the world. In addition, the new tier will incorporate NASDAQ's world-class corporate governance standards. No further regulatory action is required for the new market to begin operations.
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NASD Suspends Broker For 90 Days, Imposes Fine And Disgorgement Totaling $400,000 For Short Sale Violations - Broker Deceived Firm By Executing Short Sales, Marked Long, In Personal Accounts
Date 26/04/2006
NASD announced today that Steven W. Norin, a broker who is currently registered with Citigroup Global Markets Inc. of New York, has been suspended for 90 days and will pay $400,000 to settle charges that he engaged in a pattern of improper short sales in his personal accounts.
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NASD Investor Alert Warns Workers About Cashing Out Of 401(k) Plan
Date 26/04/2006
NASD issued an Investor Alert today warning investors that cashing out of even a modest amount of their 401(k) assets can have a potentially devastating impact on their retirement savings.
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Kuwait Stock Exchange Trading Report For March 2006
Date 26/04/2006
The index of the Kuwait Stock Exchange reached 9,896.7 points at the end of March, a decrease of 1,646.2 points from the closing value at the end of February. The weighted index reached 503.9 points at the end of March, an increase of 60.64 points from the closing value at the end of February.
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Kuwait Stock Exchange First Quarter Report 2006
Date 26/04/2006
The index of the Kuwait Stock Exchange reached 9,896.7 points at the end of March 2006, a decrease of 1,548.4 points from the closing value at the end of the previous 4th quarter. The weighted index reached 503.9 points at the end of March, a decrease of 58.34 points from the closing value at the end of the previous 4th quarter.
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