Archive for February, 2011

DJIA / Market Close for Monday, February 28, 2011

After the close… We have AONE down -1.9%, BID down -1.9% and URS down -3.7% following their earnings reports and guidance. Stocks managed to end in positive territory with varied gains. This is the last day of the month and the movement today helped secure the sixth straight monthly gain for both the S&P 500 [...]

SEC charges defense contractor, 3 ex-directors (AP)

AP – Federal regulators on Monday charged a U.S. defense contractor and three of its former board members with accounting fraud, saying the company overstated earnings to investors.

CME to slash rate traders’ costs to fight NYSE (Reuters)

Reuters – CME Group Inc unveiled a plan that would slash costs for interest-rate traders to shore up its key Treasury futures franchise ahead of an imminent challenge from NYSE Euronext .