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

    Date 17/09/2010

    Standard & Poor's Canadian Index Operations announces the following index changes: The shareholders of Red Back Mining Inc. (TSX:RBI) and Kinross Gold Corporation (TSX:K) have approved the Plan of Arrangement whereby the companies will merge. Shareholders of Red Back Mining will receive 1.778 common shares of Kinross Gold and 0.11 of a Kinross warrant for each common share held. Red Back Mining will be removed from the S&P/TSX Composite and Capped Composite, the S&P/TSX Equity and

  • SWIFT To Reduce Message Prices By An Average 20 Percent - Customers Will Save EUR 70 Million In 2011 - Largest Price Decrease Since 1995

    Date 17/09/2010

    SWIFT, the provider of global financial messaging services, announced yesterday that it is reducing the price of messages on its core FIN service by an average of 20 percent. This will represent an estimated saving of EUR 70 million for SWIFT customers in 2011. The new pricing plan takes effect on 1 January 2011.

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

    Date 17/09/2010

    Standard & Poor's will make the following changes in the S&P/TSX Venture Composite Index after the close of trading on Friday, September 17, 2010: Asia Bio-Chem Group Corp. (TSXVN:ABC) will be removed from the index. The company will graduate to trade on TSX under the same ticker symbol.

  • Link Investimentos Starts High-Speed Co-Location Trading On BM&FBOVESPA

    Date 17/09/2010

    High-speed share sale and purchase operations authorized by the Security and Exchange Commission (CVM) at the beginning of August made their debut this week in the Brazilian stock exchange with Link Investimentos.

  • MSCI To Consult On A Proposal To Construct "Risk Weighted" And "Value Weighted" Indices

    Date 17/09/2010

    MSCI Inc. (NYSE: MSCI), a leading provider of investment decision support tools worldwide, including indices, portfolio risk and performance analytics and corporate governance services, announced yesterday that it will consult with the investment community on a proposal to construct "Risk Weighted" and "Value Weighted" indices aimed at reducing the risk of an equity index and achieving a value tilt respectively, by reweighting all market cap weighted constituents of a parent MSCI index using