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  • ITG Announces Dismissal Of Liquidnet Patent Infringement Lawsuit

    Date 23/12/2010

    Investment Technology Group, Inc. (NYSE: ITG), a leading agency research broker and financial technology firm, announced that Judge Shira Scheindlin of the United States District Court for the Southern District of New York issued a 65-page ruling granting in its entirety ITG's motion for summary judgment of non-infringement of U.S. Patent No. 7,136,834, held by Liquidnet Holdings, Inc. Liquidnet had asserted that the '834 patent was infringed by the ITG Channel(R), POSIT Alert(R) and Macgrego

  • ASIC Releases Access To Financial Advice Report

    Date 23/12/2010

    ASIC today released a findings report on Access to financial advice in Australia ( REP 224). Improving access to advice helps

  • CalPERS 2010 Majority Vote Initiative Successful At Top Companie

    Date 22/12/2010

    The California Public Employees’ Retirement System (CalPERS) has achieved positive results in connection with the 2010 Majority Vote Initiative the System embarked on last spring.

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

    Date 22/12/2010

    Standard & Poor's Canadian Index Operations announces the following index changes: The shareholders of Petrobank Energy and Resources Ltd. (TSX:PBG) and Petrominerales Ltd. (TSX:PMG) have approved the Arrangement Agreement whereby Petrobank shareholders will receive Petrobank's proportionate interest in Petrominerales. Shareholders of Petrobank will receive 0.614 common shares of Petrominerales for each common share held. Petrominerales will also change its domicile to Canada. The

  • Bermuda Stock Exchange - Days Of Operation Over Christmas Period

    Date 22/12/2010

    The Bermuda Stock Exchange (BSX) advises that the BSX will be closed during the Christmas period as follows: Monday, 27th and Tuesday 28th December, 2010, re-opening on Wednesday, 29 December, 2010; Monday, 3rd January, 2011, re-opening on Tuesday, 4th January, 2011.

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

    Date 22/12/2010

    Standard & Poor's will make the following changes in the S&P/TSX Venture Composite Index after the close of trading on Wednesday, December 22, 2010: Avion Gold Corporation (TSXVN:AVR) will be removed from the index. The company will graduate to trade on the TSX under the same ticker symbol. Shear Minerals Ltd. (TSXVN:SRM) will trade under the new name Shear Diamonds Ltd. The shares will be consolidated on a 1-for-10 basis. There is no change to the ticker symbol but the new

  • Six Financial Institutions Repay TARP Funds, Deliver $2.7 Billion In Proceeds For Taxpayers

    Date 22/12/2010

    The U.S. Department of the Treasury announced that the following six financial institutions have repurchased Troubled Asset Relief Program (TARP) Capital Purchase Program (CPP) investments and paid accrued dividends on those investments, delivering a total of $2.7 billion in proceeds today for taxpayers. Huntington Bancshares (Columbus, OH): Repurchased all outstanding CPP preferred shares totaling $1.4 billion and paid accrued dividends totaling $7.2 million (Total Pro

  • December 2010 “Islamic Market’s Measure” Preliminary Report - Monthly Report On The Performance Of The Dow Jones Islamic Market Indexes

    Date 22/12/2010

    Based on the close of trading on December 21, the global Dow Jones Islamic Market Titans 100 Index, which measures the performance of 100 of the leading Shari’ah compliant stocks globally, gained 6.74% month-to-date, closing at 2230.89. In comparison, the Dow Jones Global Titans 50 Index, which measures the 50 biggest companies worldwide, posted a gain of 6.78%, closing at 176.02. The Dow Jones Islamic Market Asia/Pacific Titans 25 Index, which measures the performa

  • SEC: Fee Rate Advisory #5 For Fiscal Year 2011

    Date 22/12/2010

    Today the President signed H.R. 3082, the continuing resolution that will fund federal agencies including the Securities and Exchange Commission for approximately two more months. H.R. 3082 stipulates that it shall be deemed the Commission's "regular appropriation" for FY 2011, and therefore will trigger changes in the rates of fees collected by the SEC.

  • Shenzhen Stock Exchange Holds The 8th Training Class For Board Secretaries Of SME Board Listed Companies

    Date 22/12/2010

    In order to further enhance the information disclosure level of SME listed companies, strengthen the awareness of listed companies relating to the honest and regulated operations, the SZSE recently held the eighth training class for the board secretary of SME listed companies. Nearly 555 people, the board secretaries and securities representatives coming from about 300 listed companies, took part in the training. Song Liping, the SZSE general manager, Zhang Ying, the SZSE deputy general manag

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