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…
Nasdaq (NDAQ) and Borse Dubai are both bidding for the Nordic exchange owner OMX. And, the price is up to about $4 billion. At the same time NDAQ is trying to sell…
Douglas A. McIntyre According to Reuters, US Steel (X) will buy Canadian steel company Stelco for $1.1 billion. Reuters writes that Singapore’s state-owned Temasek Holdings has approached Nasdaq (NDAQ) about buying its stake in the…
According to Reuters, Countrywide (CFC) sought to calm investors about it future as it laid of mortgage workers. Reuters reports that Nasdaq’s (NDAQ) failure to buy the London Stock Exchange makes it…
(AXP) American Express is selling its private banking unit.(CFC) Countrywide is laying off loan originators and support staff as applications are down and to cut costs.(CHINA) CDC Corp. announced a $225 million…
The Nasdaq Stock Exchange (NDAQ) appears ready to dump its 31% holding in the London Stock Exchange and has hired JP Morgan (JPM) and UBS to find a buyer. According to MarketWatch,…
The NASDAQ Stock Market (NDAQ) struggle for months to buy the London Stock Exchange to expands it global reach. It got nowhere. London kept turning it away. It looked like NDAQ finally…
Douglas A. McIntyre Nasdaq (NDAQ) did not have much success buying the London Stock Exchange, so it settled for picking up Nordic stock market group OMX. The price tag was about $3.7 billion. But, according…
Douglas A. McIntyre THURSDAYAdvanced Micro Devices (NYSDAQ:AMD)Ameritrade (NASDAQ:AMTD)Bank of America (NYSE:BAC)Bank of New York (NYSE:BK)Cemex (NYSE:CX/ADR)Continental Airlines (NYSE:CAL)Cypress Semi (NYSE:CY)Dow Jones (NYSE:DJ)Fifth Third Bancorp (NASDAQ:FITB)First Data (NYSE:FDC)Gilead Sciences (NASDAQ:GILD)Google (NASDAQ:GOOG)Harley-Davidson (NYSE:HOG)Honeywelll (NYSE:HON)Illinois Tool Works (NYSE:ITW)International…
This week there has been more talk of the ongoing attempts of NASDAQ (NDAQ-NASDAQ) trying to win more of the ETF markets by making new listings cheaper. On Monday, the exchange announced…
Douglas A. McIntyre According to Reuters, Bear Stearns (BCS) will put its CFO into a job overseeing its troubled hedge funds. Reuters writes that the Swedish government will review the Nasdaq’s (NDAQ) purchase of Nordic…
The Nasdaq (NDAQ) may try to block the London Stock Exchange’s bid to buy Italian stock exchange Borsa Italiana according to the London Observer. It also may wait to see if NYSE…
Douglas A. McIntyre The London Stock Exchange is buying the Borsa Italiana, the big exchange in that country. The price is $2.2 billion. The goal is to become "the world’s capital market", according to Reuters.…
Douglas A. McIntyre Stock Tickers: CME, BOT, ICE, ISE, NMX, NYX, NDAQ The Chicago Mercantile Exchange (CME-NYSE) decided it was not going to let the Chicago Board of Trade (BOT-NYSE) get acquired by The IntercontinentalExchange…