NYSE announces new trading system with Linux inside (NewsForge)
The New York Stock Exchange announced its new TradeWorks trading system today, though portions of the system have been in place for months. Described as an "Extreme Availability" system by IBM, it includes up to 3,000 -- 650 are already in use on the floor of the NYSE -- custom made wireless handheld devices used by floor brokers. The handhelds talk to Linux-based workstations, which in turn talk
Young stars of stock-picking (The Charlotte Observer)
INVESTMENT ADVICE FROM THE STANDOUT TEAM... Davis Arnall enjoys watching the stock market's gyrations. Jonathan Pata recommends investors buy what they know. Eli Kronovet cautions against buying shares when prices are high. And Doug Jampol admits he is addicted to business network CNBC.
Bear Moves Back Stock Award (TheStreet.com)
Bear Stearns' (BSC:NYSE - news - research) stock has been red hot the past few months, fueled by buyout speculation. But the brokerage's employees must wait until at least next week to reap the benefits of the rally.
Lehman's Fuld May Report 5% Profit Growth, Led by Bond Trading (Bloomberg.com)
U.S. Dec. 14 (Bloomberg) -- Lehman Brothers Holdings Inc. may report a 5 percent increase in fiscal fourth-quarter profit, buoyed by higher revenue from bond trading, its biggest business.
Think You Have What It Takes To Make It At A Hedge Fund? The Neal Berger Interview (TradingMarkets.com via Yahoo! Finance)
This 18-year Wall Street veteran offers his advice.
Judge former employer's stock on current value (Houston Chronicle)
Q: I recently changed jobs and am now faced with reinvesting the money I had in my previous employer's 401(k) program. It is all in my former employer's stock, which unfortunately, has fallen by nearly half. What do you suggest that I do?
(AFX UK Focus) 2004-12-14 08:15 GMT: Recoletos share trading suspended on bid news - bourse (Interactive Investor)
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Tuesday's Pre-Open Trading Watch (Market Wire via Yahoo! Finance)
eLocity's stocks to watch for Tuesday are -- Medical Makeover Corporation of America, ADC Telecommunications Inc., TASER International, Inc. (NASDAQ: TASR) and Amkor Technology, Inc..