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  • State Aid: European Commission Outlaws Italian Tax breaks For Companies Listed For The First Time On EU Stock Exchanges

    Date 16/03/2005

    The European Commission has decided that an Italian scheme reducing the nominal and effective corporate tax rates of companies listed for the first time on a regulated EU stock exchange in 2004 violates EU Treaty state aid rules (Article 87). The decision follows an in-depth investigation opened in February 2004. The scheme distorts competition because it is limited to a small number of undertakings able to list within the narrow timeframe provided for by the law (i.e. 2004) and cons

  • Standard & Poor’s Announces Changes In The S&P/TSX Venture Composite Index

    Date 16/03/2005

    Standard & Poor’s will make the following changes in the S&P/TSX Venture Composite Index after the close of trading on Wednesday, March 16, 2005: Nuvo Network Management Inc. (TSXVN:NNM) will consolidate it’s shares on a 1-for-6 basis. The company will trade under the new ticker symbol “NVO” and under the new CUSIP number 67065J 20 8. The name of the company is not being changed.

  • RTS Customers To Stream Quotes On AMEX ANTE Trading Platform- Connectivity To All Us Option Exchanges Completed

    Date 16/03/2005

    RTS Realtime Systems Group, a leading global Independent Software Vendor, today announces the connectivity to the new fully electronic trading system ANTE of the American Stock Exchange AMEX. The AMEX ANTE system combines the price discovery of open outcry exchange with the increase of speed and efficiency of an electronic trading platform.

  • Quarterly Rebalancing For S&P Global 100, S&P Europe 350, S&P Latin America 40, And S&P/ASX 50 Indices

    Date 16/03/2005

    Standard & Poor's, as part of the quarterly rebalancing, will change the shares outstanding for the S&P Global 100, S&P Europe 350, S&P Asia 50, S&P ASX 50, and the S&P Latin America 40 Indices. In addition, Investible Weight Factors for some constituents in the S&P/ASX 50 will also be updated effective after the close of business Friday, March 18, 2005. New shares outstanding and Investible Weight Factors can be downloaded in Excel format using the links provided below.

  • NYSE Issues 2004 Annual Report And Proxy Statement To Members For Annual Meeting And Election

    Date 16/03/2005

    The New York Stock Exchange today issued its 2004 annual report and mailed its proxy statement to members for the April 7 annual meeting and election. The annual report, which includes 2004 financial results, and the proxy statement are available on nyse.com. In addition to presenting several amendments to the Exchange’s Constitution and Certificate of Incorporation, the proxy statement includes the list of nominees for the NYSE’s Board of Directors.