TORONTO, June 14 (Reuters) – Canada’s second-biggest stock
trading system, Alpha Group, wants to reinvent itself as the
Nasdaq of the north, offering small technology companies access
to a deeper pool of public funding as the tech sector seeks to
emerge from a decade of drift.
The strategy aims to carve out a clear identity for Alpha
even as it awaits approval of a grand plan that would fold it
under the same corporate umbrella as TMX Group – the
operator of the Toronto Stock Exchange, the small-cap TSX
Venture Exchange and other Canadian trading venues.
TORONTO (Reuters) – Shares of Research In Motion (RIM.TO: Quote, Profile, Research, Stock Buzz) fell more than 4 percent on Thursday morning after the struggling Blackberry maker named a financier to replace a telecom executive on its board, disappointing investors looking for more sweeping changes.
The company, whose share prices has tumbled alongside its once-dominant share of the smartphone market, also said it had paid its new CEO more than $10 million last fiscal year and gave him hundreds of thousands of stock options to take the top job in January.