Deutsche Boerse board member wants CEO out: paper
(Reuters)
Reuters - Deutsche Boerse's (DB1Gn.DE) chief executive Reto Francioni should step down following the collapse of its $7.4 billion plan to merge with NYSE Euronext , a member of the German exchange operator's supervisory board told a newspaper. |
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Nasdaq core profit tops expectations
(Reuters)
Reuters - Nasdaq OMX Group Inc's core profit topped analysts' expectations for the fourth quarter, boosted by a rise in revenue from market data and technology, which helped offset a soft trading environment. |
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SEC names top federal auditor to accounting board
(AP)
AP - Federal regulators have appointed a top government auditor as a member of the Public Company Accounting Oversight Board, which polices the accounting industry. |
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SEC reaches settlement with former Qwest CFO
(AP)
AP - The Securities and Exchange Commission has reached a settlement with former Qwest Communications International Inc. Chief Financial Officer Robert Woodruff over its civil fraud lawsuit. |
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Jobs report lifts Dow to highest mark since '08
(AP)
AP - A drop in the unemployment rate to its lowest level in three years propelled the Dow Jones industrial average Friday to its highest close since May 2008, before the financial meltdown later that year. The Nasdaq composite index hit an 11-year high.
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Why small companies' stocks deserve a closer look
(AP)
AP - Underperforming money managers are losing their most reliable scapegoat. |
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How the major stock indexes fared on Friday
(AP)
AP - A drop in the unemployment rate to its lowest level in three years propelled stocks higher Friday. The Dow Jones industrial average closed at its highest level since May 2008, before the worst days of the financial crisis. |
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Nasdaq vaults to 11-year high on surge in jobs
(Reuters)
Reuters - A surge in hiring in the world's largest economy last month drove the Nasdaq to an 11-year high on Friday as optimism grew that the labor market is on a steady path to recovery.
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Analysis: Stock-picking makes a comeback as macro tides fade
(Reuters)
Reuters - Stock-picking once again matters on Wall Street. |
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Markets rally after forecast-busting US jobs data
(AP)
AP - Stocks spiked sharply higher on Friday after forecast-busting U.S. jobs figures reinforced hopes that the recovery in the world's largest economy is gathering pace at a time when other regions, notably Europe, may be heading back into recession.
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Bangladeshi Investors Badly Hit by the Stock-Market Crash
(Time.com)
Time.com - The dramatic rise and swift fall of Bangladesh's stock market is a cautionary tale for emerging-market investors oblivious to the perils of hasty deregulation and rapid capital inflows |
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Nervous markets eye U.S. jobs report, Greece
(Reuters)
Reuters - Caution ahead of U.S. jobs numbers kept a lid on gains for stock markets on Friday after an optimistic start to the year that has added more than 7 percent to global company values.
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Summary Box: Stocks finish mixed
(AP)
AP - WE CAME HERE FOR THIS? Stocks traded in a narrow range all day and finished mixed and nearly unchanged. Only the Nasdaq moved more than a tenth of a percent. |
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A list of notable IPOs on the Nasdaq and NYSE
(AP)
AP - Some recent high-profile stock offerings on the New York Stock Exchange and Nasdaq: |
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A look at economic developments around the globe
(AP)
AP - A look at economic developments and activity in major stock markets around the world Thursday: |
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For Facebook, exchange choice is a matter of image
(AP)
AP - When Facebook goes public in a few months, will its stock appear on the New York Stock Exchange or the Nasdaq? Depends what its billionaire founder prefers for a backdrop — a trading floor on Wall Street or towering video screens in Times Square.
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Egypt market plunges after deadly soccer riots
(AP)
AP - Egypt's benchmark stock index fell over 2 percent Thursday, paring an earlier plunge stemming from deadly soccer riots the night before that left 74 dead and rekindled fears of fresh instability akin to the unrest that has battered the country and its economy in the year since the ouster of Hosni Mubarak.
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NYSE, Deutsche Boerse call off merger on EU block
(AP)
AP - The New York Stock Exchange and German exchange Deutsche Boerse called off their planned merger Thursday, a day after the European Union said it would block the union because of concerns about a monopoly. |
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Romney stock trades clash with divestment pledge
(AP)
AP - Presidential candidate Mitt Romney promised in 2007 he would shed any investments that conflicted with Republican positions on hot-button domestic and foreign policy issues. But Romney's family trusts kept some of those holdings and repeatedly bought new ones until 2010, when they were finally sold off for more than $3 million, according to a detailed review of Romney's financial records by The Associated Press.
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Timeline: From dorm room to Nasdaq: Facebook's meteoric ascent
(Reuters)
Reuters - Facebook on Wednesday filed to raise $5 billion in an initial public offering. Here are a few highlights of its meteoric rise, several of which were chronicled in David Fincher's seminal Oscar-winning 2010 movie, "The Social Network": |
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