TABLE OF CONTENTS July 2005

THURSDAY JULY 28
Oil on the Rise?

U.S. light sweet crude inched above $59 on Thursday as traders considered potential refining shortfalls > read more

WEDNESDAY JULY 27
Danny: What Dwarf Tossing?
By AnnaMaria Andriotis
The dwarf hired to perform at the notorious 2003 Fidelity bachelor party now suggests he was never airborne > read more

WEDNESDAY JULY 27
Morgan to Cut Broker Training

The New York Post reports that Morgan Stanley will try to recruit more brokers from rival firms to cut training costs > read more

TUESDAY JULY 26
Lime Capital Wins Regatta Trophy

Daniel Litchfield skippers his team to victory in New York Harbor's annual Hedge Fund Regatta > read more

TUESDAY JULY 26
Bright Lights, Big Profit

The comeback kid: Netflix fights back from near-extinction with encouraging second-quarter earnings > read more

TUESDAY JULY 26
Fidelity Faces Federal Bribe Charges

The SEC announced it will take action against the mutual-fund giant for bribing traders with bachelor parties and Super Bowl tickets > read more

TUESDAY JULY 26
SEC Official Snared in Probe

The former head of operations made $186,000 investng in a hedge fund under investigation for running a Ponzi scheme > read more

MONDAY JULY 25
Investors Needlessly Wary?

One columnist encourages to think bullish despite high oil prices, rising interest rates and housing-bubble worries > read more

MONDAY JULY 25
Housing Market Defies Odds

Sales of existing homes rose 2.7 percent in June, perplexing economists and analysts > read more

MONDAY JULY 25
Bracing for the Reports

The calm before the storm: the second big wave of quarterly earnings reports will hit this week > read more

FRIDAY JULY 22
Google On Fire

The Internet search company reported record revenues after the market close yesterday > read more

FRIDAY JULY 22
The NYSE Unseated

A 31-year veteran of the NYSE is suing to block the Archipelago merger, which would replace all existing "seats" > read more

FRIDAY JULY 22
Derivium Debacle Unfolds
By A.D. Barber
The IRS, SEC and various displeased customers are scrutinizing this wealth-management firm and its "no-recourse" loans > read more

THURSDAY JULY 21
Hung Jury: Supreme Court Options
By A.D. Barber
Traders on Intrade's options market got burned by White House suggestions that a female judge would replace O'Connor > read more

THURSDAY JULY 21
China Lets Yuan Float

In a surprise announcement today, China announced that it will no longer peg its currency to the U.S. dollar > read more

THURSDAY JULY 21
Grasso Settlement Unlikely

Eliot Spitzer says he was surprised by "settlement" comments made by the former NYSE head > read more

THURSDAY JULY 21
Fidelity Undergoes Front-Running Probe

The S.E.C. is investigating whether client brokerage firms placed their own order ahead of Fidelity trades > read more

WEDNESDAY JULY 20
Pension Fund Sues Morgan Stanley

The lawsuit filed yesterday demands that Morgan Stanley return millions of dollars paid to failed, departing executives > read more

WEDNESDAY JULY 20
Grasso Ready to Settle?

The former NYSE chairman told CNBC he's ready to strike a "mutually beneficial" deal with Eliot Spitzer > read more

WEDNESDAY JULY 20
Greenspan: Rates Will Rise

The Fed chairman says inflation is under control amid a strong economy > read more

TUESDAY JULY 19
Merrill Rises From the Muck

Dow industrials are on the rise as oil prices decline slightly and investors cheers IBM and Merrill earnings reports > read more

TUESDAY JULY 19
HP to Cut Workforce By 10%

The Silicon Valley powerhouse says it will save $1.9 billion annually by eliminating 150,000 jobs > read more

MONDAY JULY 18
Citigroup Disappointment Caves Market

Markets dipped on Monday as traders' earnings expectations took a hit with Citigroup numbers > read more

MONDAY JULY 18
Playing the Rebate Game
By A.D. Barber
Some ECN traders now rapidly move in and out of liquid positions solely to collect high-volume rebates > read more

MONDAY JULY 18
Zazzle: Next Big Thing?

Early Google investors John Doerr and Ram Shriram shovel $16 million into this homegrown business > read more

MONDAY JULY 18
Calpine Under Scrutiny

Harbert Capital Management says the troubled utility giant isn't fulfilling its part of a debt deal > read more

MONDAY JULY 18
Citigroup Misses Profit Expectations

CEO blames the bond market and interest rates for the financial institution's woes > read more

MONDAY JULY 18
Trade of the Day
By A.D. Barber
Our Trader gloating forum highlights a Google "lark" > read more

FRIDAY JULY 15
Memo to S&P: Thank Apple

The S&P 500 stock index closed at its highest level in four years yesterday > read more

FRIDAY JULY 15
Perelman's Fortunes Reversed?

Ron Perelman suffered a surprise setback yesterday by having an old $553.5 million lawsuit reversed > read more

FRIDAY JULY 15
Olympic Skier Eyes New Mountain
By Rich Blake
Gold-medal winner Johnny Moseley wraps up a two-week AMEX training internship with the Kellogg Group > read more

THURSDAY JULY 14
NYSE To Bare All

A judge has ordered the Big Board to allow public access to all internal documents used to determine its pre-merger valuation > read more

THURSDAY JULY 14
Consumer Prices Don't Budge

The Labor Department reports an unchanged consumer-price index > read more

THURSDAY JULY 14
iPods Propel Apple Revenue

The computer maker surpasses earnings expectations, enjoys a stock bump > read more

WEDNESDAY JULY 13
Ebbers Gets 25 Years

The former WorldCom chief will spend 25 years in prison -- the toughest corporate fraud sentence in recent history > read more

WEDNESDAY JULY 13
Ebbers Denied Retrial

The former WorldCom chief faces life in prison for securities fraud and other charges > read more

WEDNESDAY JULY 13
Market Opens Strong

Trading will likely pick up on news that the U.S. trade deficit showed a slight improvement in May > read more

WEDNESDAY JULY 13
NYSE Seat Owner Sues Thain

Allison Wey says the Big Board boss "unequivocally" denied that the exchange would go public last February > read more

TUESDAY JULY 12
PHLX Courts Investors

Citigroup, Morgan Stanley, CSFB and UBS are considering buying a piece of the second-tier exchange > read more

TUESDAY JULY 12
Ameritrade Prospers

The online brokerage saw third-quarter earnings rise 20% over last year > read more

TUESDAY JULY 12
Blame Emily

Crude oil spiked to $61 on Tuesday upon news of another tropical storm headed toward U.S. refineries > read more

MONDAY JULY 11
Canadian Banks Back New Museum

TD Bank Financial Group will back the 'Tower of Hope' alongside various other financial institutions > read more

MONDAY JULY 11
Box Office Bumbling

Dreamworks Animation today announced it's under SEC investigation and canceled a secondary share offering > read more

MONDAY JULY 11
Morgan Stanley Shakeup Begins

Co-president Stephen Crawford has resigned the firm > read more

MONDAY JULY 11
Oil Slips Below $59

Hurrican Dennis misses key Gulf refineries and pushes down barrel prices by more than $1 > read more

MONDAY JULY 11
Goldman in China Buyout Deal?

The investment bank is reportedly in talks to buy a $1 billion stake in a major Chinese bank > read more

MONDAY JULY 11
Stocks Poised to Rise?

Sliding oil prices and new merger news could contribute to a continued rally > read more

FRIDAY JULY 08
A Moment of Silence

Today's trading pause continues a long tradition on the floors of the American and New York stock exchanges > read more

FRIDAY JULY 08
Spitzer Attacks... Again

The New York Attorney General will retry former Bank of America broker Ted Sihpol on four remaining late-trading charges > read more

FRIDAY JULY 08
Unemployment Data Boosts Trading

The unemployment rate sank to its lowest level in nearly four years, suggesting the labor market is improving gradually > read more

FRIDAY JULY 08
Purcell's $113.7 Million Parachute

The ousted leader of Morgan Stanley will receive an exit package worth roughly $113 million > read more

THURSDAY JULY 07
Supermodel Dumps UK Trader

Elle McPherson has reportedly split with Arpad Busson, founder of EIM Group > read more

THURSDAY JULY 07
A Briton's View

John Gapper of the Financial Times analyzes global market movements following Thursday's terrorist attacks > read more

THURSDAY JULY 07
Retail Sales Spike in June

Despite high gas prices, consumers helped retailers achieve their best sales in more than a year > read more

THURSDAY JULY 07
Europe Key Rate Stays at 2 Percent

The European Central Bank president said Thursday's terrorist attacks will not impact markets > read more

THURSDAY JULY 07
Nymex Dividend Promising

The world's largest energy market will distribute a special dividend of $100,000 to each shareholder in August > read more

THURSDAY JULY 07
Schwab Takeover In the Making?

On Wednesday, 25,000 Schwab call options changed hands - a 600% increase over typical volume > read more

THURSDAY JULY 07
Explosions Sink European Market

London Stock Exchange remains open, FTSE falls 4 percent after terrorist attacks > read more

WEDNESDAY JULY 06
Mortgage Whacked
By A.D. Barber
A Florida trader currently under SEC investigation allegedly used forged documents to mortgage his wife's home > read more

WEDNESDAY JULY 06
Oil Wrecks Havoc

The Down Industrials fell 101.12 points as oil prices hit another all-time high after tropical storms provoked supply fears > read more

WEDNESDAY JULY 06
Olympic Profits Begin

Already, London construction shares have jumped on this morning's news that the UK will host the 2012 Olympics > read more

WEDNESDAY JULY 06
Refco Won't Settle

On July 13, a trading consultant will enter arbitration for the $22 million he says Refco owes him > read more

TUESDAY JULY 05
Wal-Mart News Boosts Market

Despite surging oil prices, the Dow and Nasdaq both rose Tuesday, leaving some analysts baffled > read more

TUESDAY JULY 05
NYMEX Seat Hits All-Time High
By A.D. Barber
Last week, a Dallas-based brokerage firm bought a NYMEX seat for $2.5 million - the highest price ever paid > read more

TUESDAY JULY 05
Bank of America Stretched Thin?

Some shareholders and analysts worry that the bank is overextended with the $35 billion MBNA deal > read more

TUESDAY JULY 05
Market Smiles on Commerce Dept. News

Demand for U.S. factory goods rose 2.9% in May > read more

TUESDAY JULY 05
Oil Rallies Above $60

A tropical storm in the Gulf of Mexico is blamed for Tuesday's price surge > read more

FRIDAY JULY 01
Consumer Confidence Up

A recent study suggests consumers are increasingly content with the economy > read more

FRIDAY JULY 01
It's Official: Mack Is Back

Brutally ousted in 2001, John Mack returned as chief executive at Morgan Stanley yesterday and quickly got to work > read more

THURSDAY JUNE 30
Fed Raises Rates

The federal funds rate inches up to 3.25 percent in its ninth such increase > read more

THURSDAY JUNE 30
Pre-Fed Jitters

MBNA and 3M announcements are keeping stocks high as traders await the Fed's interest-rate increase > read more

THURSDAY JUNE 30
B of A to Acquire MBNA

The $35-billion deal will make Bank of America the largest credit card issuer in the U.S. > read more

WEDNESDAY JUNE 29
Traders Mellow On Fed Decision

Stocks finished down on Wednesday, a day before the Fed's anticipated interest-rate increase > read more

WEDNESDAY JUNE 29
NYSE Stock Deal No Good

CEO John Thain says he won't accept stock in the new NYSE Group after the Big Board purchases Archipelago > read more

WEDNESDAY JUNE 29
Bond Traders Cost Citigroup $25 Million

British regulators fined the bank for making rapid Eurobond trades that caused prices to plummet last summer > read more

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