Software failure halts Big Board trading for over an hour

Article Abstract:

Trading of stocks was halted at the New York Stock Exchange (NYSE) between 10:10 a.m and 11:35 a.m. on June 8, 2001, because of the failure of a computer software upgrade. The Nasdaq Stock Market continued to trade during the shutdown. Many stocks plunged as NYSE trading resumed and trading in some of the hardest-hit shares, like IBM and Verizon Communications, did not begin again until the afternoon. This is the second major shutdown for the NYSE in three years.

Securities and Commodity Exchanges, Security and commodity exchanges, New York Stock Exchange, Software, Telecommunications systems, Stock-exchange, Stock exchanges, New York Stock Exchange Inc., Upgrading (Computers)

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For Merck Chief, Credibility at the Capitol

Article Abstract:

Raymond V. Gilmartin, chief executive of Merck and Company Inc. appeared before the Senate Finance Committee hearing on the safety of the anti-inflammatory medication Vioxx. Because of Mr. Gilmartin's demeanor and the reputation of Merck, he was treated well by the committee.

Legal issues & crime, Product standards, safety, & recalls, Management dynamics, Pharmaceutical preparations, Legislative Bodies, Senate-Finance, Company legal issue, Product defects and recalls, Pharmaceutical industry, Investigations, Complications and side effects, Behavior, Chief executive officers, Company business management, Vioxx (Medication), Merck & Company Inc., United States. Congress. Senate. Committee on Finance, Gilmartin, Raymond V.

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Claims Over Tasers' Safety Are Challenged

Article Abstract:

When stun gun manufacturer, Taser International reported that a government study confirmed the safety of its weapons, the company's shares went up. Questions are now being raised about the results of that study.

Product information, Securities issued, listed, Communications equipment, not elsewhere classified, Safety and security measures, Testing, Securities, Security systems industry, Company securities, Stun devices, Taser International Inc., TASR

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