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NYSE rejects Nasdaq, IntercontinentalExchange bid

NYSE rejects joint $11.3B Nasdaq takeover bid, says it will stick with Deutsche Boerse plan Chip Cutter, AP Business Writer NEW YORK (AP) — The parent company of the New York Stock Exchange said Sunday that it rejected an $11.3-billion bid from Nasdaq and IntercontinentalExchange to buy the company. NYSE […]

Portuguese president appeals for interim debt deal

  GODOLLO, Hungary (AFP) – Portugal’s president pleaded for mercy from the EU and IMF Saturday after they set tough conditions for an 80-billion-euro ($115 billion) bailout weeks ahead of snap general elections. Anibal Cavaco Silva said that with new elections due on June 5 “what we need now is […]

Insider conspirator friend of defendants: sources

  CHICAGO (Reuters) – The unidentified co-conspirator who funneled tips and cash between a lawyer and trader accused of running a 17-year scheme to trade on corporate merger secrets was a former colleague of both defendants, the New York Times reported.   It identified the co-conspirator, who was not charged […]