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CBOT HITS RECORD contortion f...

CBOT HITS RECORD contortion

forward Tuesday, the Chicago Board of Trade reached the highest daily trading dimensions in its 158-year history. Total Exchange turn was 6,522,607 contracts, surpassing the previous record of 6003976 contracts wager on Nov. 29, 2005. Tuesday's total marks the secondary time total CBOT volume topped 6 million contracts.

ABBOTT registers FOR PLAQUE STUDY

North Chicago-based Abbott Laboratories said it has complet enrollment of 700 patients in what it labeled a landmark meditation to increase understanding of what's believed to be the occasion cause of most heart attacks. The reflection will examine vulnerable plaque, which can burst and trigger heart attacks. The reflection will look at plaque characteristics and patient risk factors. It is designed to help doctors treat at-risk patients before a heart attack be founds

NISSAN WINS FTZ STATUS IN MARENGO



The U Department of system of exchanges awarded Nissan Forklift in Marengo foreign trade clime status, extending the existing FTZ at the Chicago-Rockford International Airport. FTZ's are locally sponsored sites where special U Customs manner of proceedings can be expedited, increasing the competitiveness of companies operating in an FTZ

SEARS widens CANADA DEADLINE

Sears Holdings Corp. widened its offer to buy the remaining shares of Sears Canada Inc. until clan 29 to allow time for an appeal of a ruling blocking the purchase. The Ontario Securities Commission onward Aug. 8 blocked Hoffman Estates-based Sears' give to acquire the 46 percent of Sears Canada it doesn't hold Sears Holdings' appeal of the ruling is scheduled to be heard tribe 18.

arbitrator TOSSES TWO MERCK SUITS

Merck & Co won dismissal of U class-action lawsuits filed forward behalf of people in France and Italy who claim they were harmed according to the painkiller Vioxx. U.S. District Court connoisseur Eldon Fallon ruled plaintiffs should plead N.J.-based Merck in their family countries. Merck faces about 16000 product-liability lawsuits athwart Vioxx, a painkiller the company struggleed from the market almost sum of two units years ago. Fallon separately ordered a of the present day trial to assess damages owed to a retired FBI agent, leaving intact a jury's finding that Merck was liable for his 2002 heart attack. The justice tossed the jury's $51 million damage award.

ANDREW CORP. purchases BACK SHARES

Westchester-based Andrew Corp. has repurchased 24 million shares of used by all stock at an average price of $910 by share in the last three weeks. Total shares repurchased give an account of approximately 1.5 percent of the 1597 million shares outstanding June 30

Copyright CHICAGO SUN-TIMES 2006

Provided from ProQuest Information and Learning Company. All rights Reserved



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