ThinkstockThe U.S. Securities and Exchange Commission (SEC) has approved a plan submitted by The Nasdaq OMX Group Inc. (NASDAQ: NDAQ) that provides up to $62 million in compensation for investors who lost…
U.S. equity markets opened lower this morning and were never able to shake off the doldrums as stocks traded below the break-even line all day. There was little data out in either…
ThinkstockIn a move that was probably inevitable, the Nasdaq OMX Group Inc. (NASDAQ: NDAQ) today announced a joint venture with SharesPost Inc. to create a larger marketplace for private company shares. Nasdaq…
Frank Golhen, via Wikimedia CommonsThe research team at the Bank of America Corp. (NYSE: BAC) unit Merrill Lynch is resuming coverage of the public financial exchanges. IntercontinentalExchange Inc. (NYSE: ICE) was reinstated…
Frank Golhen, via Wikimedia CommonsNasdaq OMX Group Inc. (NASDAQ: NDAQ) has asked the Securities and Exchange Commission to allow it to process trades as early at 4 a.m. Although some U.S. equities…
thinkstockThe Buffett buyout of H.J. Heinz Co. (NYSE: HNZ) may usher in a new age of M&A. (Reuters) Large hedge funds sell off shares of Apple Inc. (NASDAQ: AAPL). (Reuters) Apple’s search…
ThinkstockBarclays PLC (NYSE: BCS) will cut 3,700 jobs as the troubled bank restructures. (Reuters) Nokia Corp. (NYSE: NOK) adds to its low-priced Asha line. (Reuters) A judge approves a request by Apple…
Photo by Spencer Platt/Getty ImagesMarket rumors and speculation has been about that other exchanges would either go private or would merger together after this mega-exchange merger between NYSE Euronext, Inc. (NYSE: NYX)…
courtesy of Facebook Inc.Liberty Global Inc. (NASDAQ: LBTYA) will buy U.K. cable firm Virgin Media Inc. (NASDAQ: VMED) for $15.75 billion. (Reuters) Royal Bank of Scotland Group PLC (NYSE: RBS) expects LIBOR penalties in…
ThinkstockByron Wien announced his predictions for 10 big surprises for 2013 this week to kick off the new year. Wien is now vice chairman at Blackstone Advisory Partners, and this was his…
ThinkstockThe IntercontinentalExchange Inc. (NYSE: ICE) is about to get a serious makeover. With its $9.4 billion market value, the futures exchange is acquiring the NYSE Euronext Inc. (NYSE: NYX). This is no…
Frank Golhen, via Wikimedia CommonsIntercontinentalExchange Inc. (NYSE: ICE) announced this morning that it has reached a definitive agreement to acquire NYSE Euronext Inc. (NYSE: NYX) in a stock and cash transaction valued…
An IPO scheduled on Nasdaq today was accidentally killed when an employee of The NASDAQ QMX Group Inc. (NASDAQ: NDAQ) cancelled the IPO instead of re-scheduling it for later in the day…
Paul Ausick The management at Nasdaq OMX Group Inc. (NASDAQ: NDAQ) must have made a mistake. The trading index company decided to replace highly successful India outsource firm Infosys Ltd. (NASDAQ: INFY) (which is moving to…
Courtesy of The Washington Post CompanyGroupon Inc. (NASDAQ: GRPN) is in increasing trouble as its business falls. (Reuters) Wal-Mart Stores Inc. (NYSE: WMT) employees will pay more for their medical coverage, and…
