| MIdget Eagles shine at scholarship tournament
Five members of the Squamish Eagles Midget hockey club did not disappoint after being chosen to represent the Greater Vancouver Canucks in an annual scholarship tournament on Saturday (Jan. 26). The Midgets joined forces with regional rivals to form the team and win the 31st annual Pacific Coast Amateur Hockey Association Midget Scholarship Tournament. The tournament is meant to promote and reward scholastic achievement and sportsmanship, and one player from each team was chosen for a $500 Vancouver Canucks Special Bursary Award. Goalie Brett Miller, forwards Oliver McQuaid and Keegan Moore, and defencemen Dylan Ackerman and Jesse Anderson represented the Squamish Eagles, which contributed more players than any other team. With their stellar play, the Canucks won the Fred "Cyclone" Taylor Memorial Cup for the first time since 1999.
Knight Capital Group to Acquire EdgeTrade, a Leading Agency-Only Trade ...
JERSEY CITY, N.J. and NEW YORK, Nov. 19 /PRNewswire-FirstCall/ -- Knight Capital Group, Inc. (NASDAQ: NITE) today announced that it has agreed to acquire EdgeTrade Inc., a leading agency-only trade execution and algorithmic software firm, for approximately $29.5 million of cash and 2.3 million shares of unregistered Knight stock, subject to adjustment based on Knight's stock price prior to closing and the working capital of EdgeTrade at the closing. "EdgeTrade is a recognized leader in developing algorithmic trading strategies that increase alpha for client firms," said Thomas M. Joyce, Chairman and CEO of Knight Capital Group. "As algorithmic trading increases in a fragmented market environment, the acquisition of EdgeTrade will enhance our trade execution services and provides us with a significant advantage as demand continues to grow for sophisticated, next generation algorithms.
Aubertine pulls negative tv/radio spots
Darrel Aubertine said Tuesday that he has followed through on Sunday's "handshake agreement" with Will Barclay to end their negative advertising for the final week of the campaign.Aubertine said that as of 10 a.m. Tuesday, advertising managers at all local television and radio outlets were told to take down the advertisements that mention Barclay. All of them should be off the air by the end of today, Aubertine said.At Sunday's debate in Oswego, Aubertine offered to stop running negative tv and radio spots for the final days of the campaign if Barclay would do the same. The two men shook hands on the deal.Later, however, Barclay was quoted as saying he didn't feel his tv and radio spots were negative. .
Icap rides volatile markets to beat forecasts
Shares in Icap made their biggest one-day gain on Thursday after the world's largest interdealer broker said its full-year pre-tax profit would top analysts' expectations. The group, which brokers transactions between banks, said unprecedented losses for banks and insurers had boosted trading of bonds, currencies and commodities. .
Australian stock market firmer at noon, led by resources
THE share market was up almost 2 per cent at noon following a strong start to morning trade, after the US capped off its best week in five years on Friday and speculation mounted over the future of market leader Rio Tinto. At 12.07pm AEDT, the benchmark S&P/ASX200 was up 107 points, or 1.83 per cent, at 5949.9, while the broader All Ordinaries lifted 112.9 points, or 1.92 per cent, to 5995.2. At 12.08 pm AEDT on the Sydney Futures Exchange, the March share price index contract was up 161 points, or 2.79 per cent, at 5939 on 16,887 contracts. ABN AMRO Morgans senior equities adviser Geoff Voller said retail trading volumes were light. Mr Voller said the resource sector was strong on the back of news China's biggest aluminium producer, Chinalco, and US group Alcoa had jointly bought a 12 per cent stake in Rio Tinto on Friday.
TradeStation Group (TRAD) Reports In-Line Q4 Earnings; Guides Q1 EPS ...
TradeStation Group Inc. (Nasdaq: TRAD) reports Q4 EPS of $0.21, in-line with the analyst estimate of $0.21. Revenues for the quarter were $40.2 million, versus the consensus of $40.92 million. The Company expects to report Q1 EPS of $0.16-$0.19, versus the consensus of $0.20. Revenues are expected to be $39-$42 million, versus $37.12 million. TradeStation sees FY08 EPS of $0.69-$0.86, versus $0.84 and revenues in the range of $158-$177 million. compared to the Street consensus of $167.18 million. TradeStation Group, Inc., through its subsidiaries, operates as an online brokerage firm covering equities, equity options, futures, and forex transactions. Related Categories Earnings Guidance Stocks Mentioned .
33 trades in a blink, and getting even faster
In the time it takes to bat your lashes, the Chicago Mercantile Exchange executes and clears 33 electronic trades. That velocity, a trade every 15 milliseconds, can leave anyone who relies solely on eyesight blind to what's happening in the markets.
Once guided by hand signals, the Chicago exchanges have pushed their way into the forefront of global finance by mastering speed, routing deals for Connecticut-based hedge funds at a pace equal to Mach 500,000. They are now racing to accelerate trades, attract greater volumes and generate better profit margins.
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Derek Frey's Outlook
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Kickapoo, Glendale mourning students
The two principals said that they had not contacted students' families yet and wanted to respect their time to grieve. Specific school memorials hadn't been planned as of Sunday night, though Prouty said he'd spoken to the student council president about giving the students an opportunity to write their thoughts on a roll of paper. "It is certainly a lesson to all of us that the lives we have are fragile," Schmitz said.
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