Financial And Forex Info | Daily Investor Update: Nasdaq mulls NYSE bid in exchange deal dash


Wall St stocks end down for 2nd day
NEW YORK (Reuters) - U.S. stocks closed down for a second straight session on Wednesday as Libya's violence sent oil prices briefly to $100 a barrel and tech shares sank, adding credence to calls for a market correction. | Full Article

Nasdaq mulls NYSE bid in exchange deal dash
February 23, 2011 02:11 PM ET
NEW YORK/TORONTO (Reuters) - Nasdaq OMX Group Inc could launch a rival bid for NYSE Euronext to avoid being left on the sidelines, a source said, as traditional exchanges race to merge to see off upstart electronic rivals. | Full Article
Home sales rise, price slump points to weakness
February 23, 2011 02:12 PM ET
WASHINGTON (Reuters) - Sales of previously owned homes set their highest rate in eight months in January, but more than a third of purchases were distressed properties and prices hit a nearly nine-year low. | Full Article
Apple shareholders nix succession but OK board rule
February 23, 2011 03:19 PM ET
CUPERTINO (Reuters) - Apple Inc shareholders rejected demands that the company disclose a succession plan for ailing CEO Steve Jobs but approved a proposal giving them a bigger say in the appointment of directors. | Full Article
Madoff trustee hits SEC's top attorney with suit
February 23, 2011 12:09 PM ET
WASHINGTON (Reuters) -The top attorney at the Securities and Exchange Commission is being sued over allegations his family's estate wrongfully received over $1.5 million in phony profits from Bernard Madoff's massive fraud. | Full Article


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