Mark Turner News
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United Utilities Plc and Severn Trent Plc, Britain’s biggest publicly traded water companies, are increasingly feeding human waste into tanks of bacteria whose methane emissions generate electricity.
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Massmart Holdings Ltd.’s Game Stores unit will today open a second outlet in the Malawian capital, Lilongwe, said Mark Turner, a director of Game Africa.
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The worst stock decline since December 2008 was absorbed by the market and while some investors panicked, there were no signs liquidity was withdrawn as in the selloff of May 2010, traders said.
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The New York Stock Exchange stopped trading in 216 securities yesterday and canceled their closing auctions because of an outage in a computer that matches buy and sell orders and process transactions.
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Trading on American equity exchanges fell to the lowest level of the year today as enthusiasm waned among investors even after the Standard & Poor’s 500 Index rallied 25 percent in five months.
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The longest weather-related shutdown of U.S. stock trading since 1888 ended Oct. 31 without incident, while underscoring how vulnerable the world’s biggest financial market remains to disasters.
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Investors trading Facebook Inc. after its $16 billion initial public offering opens may have to navigate circuit breakers adopted after the crash of May 2010.
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Nasdaq Stock Market canceled some trades in nine U.S. stocks, such as Goldman Sachs Group Inc., Hewlett-Packard Co. and Sprint Nextel Corp., that occurred more than 10 percent away from yesterday’s close.
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Trading in U.S. stocks fell to the lowest level since at least 2008 amid mutual fund withdrawals and Wall Street job cuts.
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Computers sent more than 100 stocks into trading spasms just after U.S. markets opened, whipsawing investors and pushing shares of Knight Capital Group Inc. down by the most ever on speculation it was to blame.
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