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Self-serve at the checkout lane; bar code scanning in its ultimate test

Article Abstract:

Check Robot Inc's self-service grocery checkout lanes allow customers to tally their own grocery bills by passing items' bar codes over a scanner and then placing scanned items on a conveyor belt to verify the scanner's information. The conveyor belt stops when sensing devices on the belt do not transmit information that corresponds to scanned data. In that case, customers are instructed by a recorded message to rescan the item. The conveyor belt goes in reverse if items that have not been scanned are placed on it. A customer receives a receipt and pays by presenting the receipt to a cashier. Automated lanes cost $33,000 each, as compared with $10,000 for conventional lanes. Check Robot expects automated lanes to become as pervasive as ATMs, by 1995.

Author: Sharpiro, Eben
Publisher: The New York Times Company
Publication Name: The New York Times
Subject: News, opinion and commentary
ISSN: 0362-4331
Year: 1990
Grocery stores, Usage, Product information, Grocery industry, Supermarkets, Bar codes, Scanning, CheckRobot Inc.

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Test approved for curbing a type of program trading

Article Abstract:

The SEC has approved a one-year trial of a New York Stock Exchange (NYSE) rule that would curb some program trading of securities on days when there are wide swings in the market. Only index arbitrage trading, in which traders seek to profit from differences in the prices of stocks that make up an index, and the prices of options or futures, would be effected. The rule is designed to stabilize the market and improve investor confidence in NYSE.

Author: Robb, Gregory A.
Publisher: The New York Times Company
Publication Name: The New York Times
Subject: News, opinion and commentary
ISSN: 0362-4331
Year: 1990
Regulation misc. commercial sectors, Laws, regulations and rules, Automation, New York Stock Exchange Inc., United States. Securities and Exchange Commission, Program trading (Securities), Stock markets, Government Regulation, Stock Market

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The Bre-X fiasco and impotent trading laws

Article Abstract:

The $3-billion Bre-X Minerals Ltd. swindle illustrates how ineffective Canadian securities regulation is in the face of international fraud and Internet touts. Small investors were no match for the wild cyber short-sellers whose grey market in Bre-X brought the company down.

Author: Francis, Dianne
Publisher: Rogers Publishing Ltd.
Publication Name: Maclean's
Subject: News, opinion and commentary
ISSN: 0024-9262
Year: 1997
Canada, Investigations, Column, Securities fraud, Insider trading in securities, Insider trading (Securities), Bre-X Minerals Ltd., Freeport-McMoRan Inc., FTX

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Subjects list: Technology application
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