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  • The Dow Jones Industrial Average At 10,000: A Brief History

    Date 10/12/2003

    With the Dow Jones Industrial Average crossing the 10,000 mark on December 09, 2003, here is a brief history of the index at 10,000, according to Dow Jones Indexes: The Dow Jones Industrial Average first touched 10,000 on March 16, 1999. The Dow Jones Industrial Average first closed above 10,000 on March 29, 1999, when it closed at 10,006.78. The Dow Jones Industrial Average reached its highest point on January 14, 2000, when it closed at 11,722.98. The Do

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

    Date 10/12/2003

    Standard & Poor's will make the following changes in the S&P/TSX Venture Composite Index after the close of trading on Wednesday, December 10, 2003: Miranda Mining Corporation (TSXVN:MRM) will be removed from the S&P/TSX Venture Composite Index. The stock will is being delisted from the TSX Venture Exchange at the request of the company.

  • Standard & Poor's Announces Changes In S&P/TSX Canadian Indices

    Date 10/12/2003

    Standard & Poor's Canadian Index Operations announces the following index change effective after the close of business on Thursday, December 11, 2003: The relative weight of Baytex Energy Trust (TSX:BTE.UN - GICS 10102020 Oil & Gas Exploration & Production) will increase by approximately 0.15% in the S&P/TSX Capped Income Trust Index and by 0.30% in the S&P/TSX Capped Energy Trust Index. The relative weight change reflects an adjustment to the float capitalization of the trust due to the

  • SEC Sues Former Executives Of Nicor Energy For Role In Financial Fraud

    Date 10/12/2003

    The Securities and Exchange Commission today filed a civil enforcement action against four former senior executives of Nicor Energy LLC, alleging that the executives inflated net income by $11 million in 2001. Nicor Energy is a joint venture between Nicor Inc. and Dynegy Inc. In its complaint, the SEC alleged that the executives used an array of improper accounting tools for the express purpose of hitting earnings targets.

  • RTS Stock Exchange Clearing Member Initiation Fee Increases By 50%

    Date 10/12/2003

    At its December 9th, 2003, meeting the RTS Stock Exchange Derivatives Committee decided to increase the clearing member initiation fee by 50% to 300 thousand rubles. The increase becomes effective February 1st, 2004.