NYSE
Another Brokerage Bites the Dust: Is Wall Street In Trouble?
9:15AM 2/07/2012
Over the past couple of weeks, with little fanfare, three small brokerages bit the dust due to a dearth of trading activity on the stock markets and a lack of capital in-house. This may not matter much, but it could be the beginning of a wave of failures on Wall Street.
NYSE Merger with Germany's Deutsche Boerse Blocked by EU
10:03AM 2/01/2012
The EU has blocked the Deutsche Boerse's planned merger with NYSE Euronext, a deal that would have created the world's largest financial exchange operator, because the venture would have had a near-monopoly in the trading of European derivatives.
When it comes to bold weather-related boasts, it's hard to beat the Post Office's unofficial motto: "Neither snow nor rain nor heat nor gloom of night stays these couriers from the swift completion of their appointed rounds." Yet even the USPS pales beside the standard set by the New York Stock Exchange.
U.S. Stocks Rise After Unemployment Report
1:35PM 8/11/2011
Stocks are up in afternoon trading Thursday following positive news on jobs and a surprisingly good profit report from Cisco. Shares of technology and financial companies are leading the market higher.
What Was Wall Street Thinking? Banks Fire Rich Customers, Microsoft & Google Bicker, Porn Plays, Canadian Couch Potatoes
1:45PM 8/08/2011
By Rick Aristotle Munarriz, The Motley Fool
Company News, Google , Microsoft, Netflix, Bank of New York Mellon, NYSE, Stocks in the News
Last week's puzzling developments on the Street included: Bank of New York alienating its richest depositors; Microsoft and Google fighting like middle-schoolers; DirecTV's CFO making an embarrassing disclosure; and Netflix slowing down as it approached the millionth Canadian milestone.
Dendreon's Infectious Influence on Biotechs
5:45PM 8/05/2011
Company News, Investing, Human Genome, NYSE, Stocks in the News, Market News, Investment
One of Thursday's hardest-hit stocks was Dendreon, maker of the prostate cancer vaccine Provenge, which plunged 67% after reporting disappointing results. But, weirdly, Debdreon's disease seemed to infect the entire sector, dragging down companies with proven drugs. Are biotechs bargains right now?
Panic Grips Wall Street, Dow Plunges 500 Points
4:00PM 8/04/2011
Investing, Kraft Foods, Macy's, Alcoa, Target Corp, General Motors, NYSE, Stocks in the News, Chevron, Market News, Caterpillar, Investment
A bruising session on Wall Street Thursday wiped more than 500 points off the Dow - its worst drop since October 2008. Driving the fear is growing concern about the possibility of another recession. Will the selloff continue Friday? It all depends on the Labor Department's employment report.
Home Delivery Service Could Deliver New Growth to Walmart
1:00PM 6/13/2011
Wal-Mart Stores, Target Corp, Costco, Stock Picks, Amazon.com, Retail, NYSE, Stocks in the News, Best Buy
Walmart is launching an online delivery service -- "Walmart To Go" -- that will allow customers to buy food, medicine and other household goods online and have them delivered to their doors. Trefis takes a look at what this new growth opportunity means for the world's largest retailer.
Stocks Fall Again Due to European Debt Worries
4:40PM 5/16/2011
Economy, Investing, Amazon.com, Yahoo, NYSE, Market News, Investment
Stocks closed lower for a second day, dragged down by technology companies and concerns about Europe's debts. European finance ministers approved $110 billion in rescue loans to Portugal on Monday, but have yet to decide on another rescue package for Greece.
Nasdaq, ICE Drop $11 Billion Bid for NYSE Euronext
7:55AM 5/16/2011
Nasdaq and IntercontinentalExchange are withdrawing their $11 billion bid for the New York Stock Exchange after recognizing that it wouldn't receive regulatory approval. The decision leaves the path open for NYSE Euronext to merge with the German exchange operator Deutsche Boerse.
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