CNBC was just reporting that The NASDAQ Stock Market, Inc. (NASDAQ:NDAQ) is close to purchasing the Philadelphia Stock Exchange for a sum of $500 million to $600 million. This might not make…
Douglas A. McIntyre BATS Trading, Inc. announced Monday it filed with the U.S. Securities and Exchange Commission to become a fully licensed securities exchange so that it would have the same regulations and the same…
Douglas A. McIntyre AMD started as Underweight at Morgan Stanley.APH started as Buy at B of A.ARW started as Neutral at B of A.AVGN started as Neutral at Credit Suisse.AVT started as Neutral at B…
Many Americans will be asking for a gallon of gas in their stockings this year. Oil hit $83 a barrel yesterday. Storms in the Gulf again. And, storms in the Middle East,…
Douglas A. McIntyre According to Reuters, Toyota (TM) says that its sales in the US may not rise this month. Reuters writes that Microsoft (MSFT) will replace a number of damaged disks from its new…
The NASDAQ Stock Market (NASDAQ:NDAQ) has been in a long hunt over how it plans to grow and compete in a new world of mega-exchanges, and frankly its second place status in…
Douglas A. McIntyre MarketWatch is reporting that The Qatar Investment Authority said it’s taken a 20% stake in the London Stock Exchange literally hours after Borse Dubai said it was buying 28% of the LSE…
Douglas A. McIntyre The deal, hatched by Nasdaq management with the help of the owners of the Borse Dubai is one that only a schizophrenic could understand. Dubai will buy slightly less than 20% of…
Douglas A. McIntyre According to Reuters, Nasdaq (NDAQ) and Borse Dubai will team up and buy the Swedish OMX. Reuters writes that Sony (SNE) will delay the launch of its Home online community of PS3,…
According to Reuters, Nokia (NOK) said the the ITC has begin an investigation into Qualcomm (QCOM) trade practives and patent infringements. Reuters writes that Boeing (BA) is estimating that China will need…
According to Reuters, GM (GM) and the UAW have broken off talks and will resume them late Monday. Reuters writes that Nokia (NOK) said on Monday it had agreed to buy privately…
Nasdaq (NDAQ) has not had much luck in the M&A markets. Its most embarrassing attempt at increasing its presence overseas was it run at the London Stock Exchange. NDAQ ended up with…
Douglas A. McIntyre According to Reuters, HSBC (HBC) bought 51% of Korea Exchange Bank $6.3 billion. Reuters writes GE (GE) bought buy British oilfield services firm Sondex for $583 million. Reuters reports that oil moved…
Reuters reports that NYSE Euronext (NYX) might want to buy the Nasdaq (NDAQ) 31% ownership in The London Stock Exchange. It would be a humiliation for Nasdaq since its rival was able…
Douglas A. McIntyre According to Reuters, State Street (STT) faces $22 billion exposure to asset-backed commercial paper conduits, the off-balance sheet vehicles that have caused problems for rivals in recent weeks. Reuters writes that social…
