Word: sec
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...Social Enterprise Club (SEC) has announced a new program that will offer money, advice and aministrative assistance to student start-up companies on campus. But to qualify, start-ups must be directed toward a social goal, not simply making money...
POSERS If you're scouring the Web for that pre-IPO stock that will bring you riches, take heed. The SEC has been cracking down on a number of companies that use the Internet to make false and misleading pre-IPO claims and stock offers, either through their websites or spam messages. In most cases, these companies have no hope of ever going public. Last month 1stBuy.com settled with the sec after allegedly defrauding more than 1,000 investors of $3.8 million. If it looks too good to be true, chances...
...instantly determine where the best price is--on traditional markets, like the New York Stock Exchange, AMEX and NASDAQ, or among orders that come directly into Archipelago. Trades on the fully automated system are completed in less than a second, while a typical trade on the N.Y.S.E. takes 22 sec. "That's a lifetime in an active market," says CEO Putnam. "Our advantage comes from having no human intervention." Investors have been able to trade NASDAQ stocks via Archipelago since 1997, and the system got a huge boost this summer when it became the first ECN to quote stocks listed...
...band shares those qualities. Its songs don't fit comfortable formats, and the band hasn't yet made a proper music video for the release (only an arty series of 10-sec. to 40- sec. spots that feature animated bears, stick figures falling into volcanos and the like). Also, in another unconventional move, the band is preparing to release another CD as early as the first months of next year. "We've finished all the tracks," says Selway. "It's just a matter of determining the running order...
...they saw their own Cathy Freeman transcend sport as she covered 400 m in 49.11 sec...