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  • BATS 1000 Index Advances 2.3% This Week

    Date 07/10/2011

    BATS Global Markets, a global stock market operator, reports the BATS 1000SM Index (Ticker: BATSK) rose 294.40 points, or 2.3%, this week to close at 13,126.22 as of 4 p.m. ET today. The S&P 500 Index was up 2.1% on the week.

  • Fitch Downgrades Italy To 'A+' - Outlook Negative

    Date 07/10/2011

    Fitch Ratings has downgraded the Italian Republic's (Italy) foreign and local currency Long-term Issuer Default Ratings (IDRs) from 'AA-' (AA minus) to 'A+' (A plus) and the short-term rating from 'F1+' to 'F1'. The Outlook on the long-term ratings is Negative. The Country Ceiling of 'AAA' has also been affirmed.

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

    Date 07/10/2011

    Standard & Poor's will make the following changes in the S&P/TSX SmallCap Index after the close of trading on Tuesday, October 11, 2011:

    Shareholders of Candente Copper Corp. (TSX:DNT) approved on August 23, 2011, the Plan of Arrangement whereby the company will spin out certain copper and lead-zinc properties in Peru. For every 5 shares of Candente held, shareholders will receive 1 share of a new company named Cobriza Metals Corp. Cobriza will trade on TSX for the first time (the ex-date of the spin-off) on October 12, 2011, under the ticker symbol "CZA" and the CUSIP number 19105V 10 5. The spun out shares of Cobriza will be added at zero price to the S&P/TSX SmallCap and Equity SmallCap Indices after the close of trading on Tuesday, October 11, 2011. There will be no divisor changes for either of these indices as a result of these additions.

  • Fitch Downgrades Spain To 'AA-' - Outlook Negative

    Date 07/10/2011

    Fitch Ratings has downgraded Spain's Long-term foreign and local currency Issuer Default Ratings (IDRs) to 'AA-' from 'AA+'. The rating Outlook is Negative. Fitch has simultaneously affirmed Spain's Short-term rating at 'F1+' and the Country Ceiling at 'AAA'.

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

    Date 07/10/2011

    Standard & Poor's will make the following changes in the S&P/TSX Venture Composite Index after the close of trading on Tuesday, October 11, 2011:

    • Alderon Iron Ore Corp. (TSXVN:ADV) will be removed from the index as well as the S&P/TSX Venture Select Index. The company will graduate to trade on TSX under the same ticker symbol.

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