NASD
seeks real-time info
New York: At a time of growing unease over the
quality of disclosure on Wall Street, a securities industry
regulator said on Wednesday that it wants to increase
the amount of information made available to investors
about the background of their brokers and brokerage firms.
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BHP
Billiton unlikely to reverse output cut
Sydney: BHP Billiton is unlikely to turn up copper
production any time soon after posting a sharp drop in
first-quarter earnings from its base metals division,
analysts said.
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Justice
dept to oppose EchoStar offer for Hughes
New York: US antitrust enforcers are poised to
file a suit against the bid by EchoStar Communications
to buy Hughes Electronics.
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SEC
frames tough rules to check inflated profits
Washington: US securities regulators, under urgent
orders from Congress to bolster investor confidence after
a wave of business scandals, on Wednesday proposed new
rules to crack down on "pro forma" profit reports
and off-balance-sheet dealings.
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