Stock Markets
Canadian banks and pension funds bid for TMX (AP)
AP - A group of nine Canadian banks and pension funds has submitted a C$3.6 billion (US$3.7 billion) rival bid for the operator of the Toronto Stock Exchange, hoping to derail a controversial merger with the London Stock Exchange.
A storm gathers over equities markets (Reuters)
Reuters - The big money is calling a halt to the surge in stock prices.
Canada banks propose TMX deal to rival LSE bid (Reuters)
Reuters - Canada's TMX Group, operator of the Toronto Stock Exchange, has received a takeover proposal from a group of Canadian banks and pension funds that could trump a friendly $3 billion bid from the London Stock Exchange.
FBI probing ex-SEC official on Stanford matter (Reuters)
Reuters - Federal criminal authorities are investigating whether a former U.S. securities regulator inappropriately represented alleged fraudster Allen Stanford after he left the agency in 2005.
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