Oops, for the first time in six years, at 10AM the NYSE was forced to halt all trading due to a software glitch that wiped out electronic trading on the floor of the Exchange. Trading resumed before noon.



Merrill Lynch's high profile asset management team of Sarah Ketterer, Harry Hartford and James Doyle has left the firm. The team oversaw $3.2 billion in assets and is expected to open its own firm.



Quebecor World will outsource their entire $450 million US defined benefit plan to SEI Investments.



Principal Mutual Holding Company has filed for an IPO in an effort to transform the company from a holding company into a stock company.



The Brazos Micro Cap Fund closed its doors to new investors on June 5th.  

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