Versus hot in premiliminary trading

Article Abstract:

Toronto-based provider of online trading services Versus Technologies Inc. reported that its initial public offering has been oversubscribed. The company increased the number of shares for sale to 3.65 million for the initial offering and an additional secondary sale of 417,500. Bay Street dealers bidded up the price to an intraday high of C$14.50 in "when-issued" trading, up by 26% from its list price of C$11.50, before closing at $12.30.

Author: Dixon, Guy
Canada, Securities issued, listed, E*TRADE Technologies Corp.

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Martha Stewart hit with nine charges

Article Abstract:

Martha Stewart Living Omnimedia Inc., which is led by chairwoman and chief executive officer Martha Stewart, announced its head would resign. Martha Stewart, who will remain on the board of directors, is facing nine criminal charges related to the sale of ImClone Systems Inc. stock.

Author: Dixon, Guy
United States, Legal issues & crime, Telegraph & other communications, Executive changes & profiles, Legal/Government Regulation, Officials and employees, Company legal issue, Cases, Online services, Cable television, Stewart, Martha, Cable television/data services, Martha Stewart Living Omnimedia Inc.

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Subjects list: Internet services
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