Quantcast

All Posts Tagged Tag: ‘NASDAQ’

Wall Street Ends 5 Day Skid; Stocks are Up

The stock market saw a surprise surge last Wednesday after the Federal Reserve announced that it would continue its bond-buying program. That up-swing did not last long, though; The stocks dipped drastically on Thursday, and Wall Street has seen a losing-streak the previous 5 days. There was positive news for Wall Street today, however. The Dow Jones, S&P, and Nasdaq …

Read More

Microsoft Stock Surging on Ballmer Retirement News

Microsoft CEO Steve Ballmer announced this morning that he will be stepping down from his position within the next 12 months. The executive has been a part of Microsoft for over 33 years, joining the company as its first business manager and only its 30th employee. Ballmer praised his executive team in a statement this morning, saying that “now is …

Read More

Nasdaq Shutdown Causes Stocks to Rise

This afternoon, Nasdaq came to a screeching halt due to a technical glitch in the computer system. The outage lasted around three hours. According to the Washington Post, the outage took place at 11:45 am and systems were not up and running again until a little after 3:00 pm. When the problem arose, people all over the world who are …

Read More

Tumblr Rings NASDAQ Opening Bell To Celebrate Yahoo Acquisition

Sure, Yahoo acquiring Tumblr seems like pretty old news at this point, but the two joined companies are still celebrating. They commemorated the event this morning in New York with Tumblr CEO David Karp ringing the NASDAQ Stock Market opening bell. Yahoo CEO Marissa Mayer posted a few photos from the event on her personal Tumblr: Mayer announced the news …

Read More

NASDAQ Fined $10 Million For Botched Facebook IPO

To say the Facebook IPO was a disaster might be a bit of an understatement. A few days after the social network went public, reports emerged that a technical issue prevented trading and many investors lost money as the stock’s value tanked. Those same investors brought lawsuits against the NASDAQ and the SEC launched an investigation into the IPO. That …

Read More

Facebook Stock Down On NASDAQ 100 Debut

Facebook stock didn’t have a great day today, as the company debuted on the NASDAQ 100. The NASDAQ 100 includes 100 of the biggest domestic and international non-financial companies listed on the NASDAQ based on market capitalization. Computer hardware and software, telecommunications, retail/wholesale trade and biotechnology are all represented. Infosys left the index making room for Facebook, which Facebook now …

Read More

Stock Markets Closed With Hurricane Sandy (Frankenstorm) Closing In

As previously reported, major stock trading has halted today thanks to Hurricane Sandy (aka: Frankenstorm). Fears related to the storm have shut down the New York Stock Exchange (NYSE) and NASDAQ. Both announced that they would be closed today, and may also be closed on Tuesday. Google has put out a pair of Hurricane Sandy-related maps, including this New York-specific …

Read More

Stocks Halted as Hurricane Sandy Hurtles Toward New York

Major stock trading is halted today as fears about Hurricane Sandy continue to shut down nearly the entire Northeastern U.S. Both the New York Stock Exchange (NYSE) and NASDAQ have announced their U.S. stock exchanges will be closed today, and possibly Tuesday. NASDAQ stated this weekend that the decision to close was made through a consultation with other U.S. exchanges, …

Read More

Facebook Wants to Keep “FB” on the Nasdaq Exchange

As of yesterday, Facebook executives have decided it’s a good idea to keep their stock, ticker symbol “FB”, listed on the Nasdaq Stock Exchange. Previously the company had debated taking their shares over to the NYSE after Nasdaq experienced a devastating computer glitch that left big bank trading desks flying blind on the morning of their IPO launched. Currently, Facebook, …

Read More

SEC Investigates Nasdaq and NYSE After Facebook IPO Breakdown

The Securities and Exchange Commission (SEC) isn’t buying that Nasdaq’s much publicized computer glitch on the opening day of Facebook’s IPO was the root cause for all the confusion. In fact, they have seen a couple other cases of so called, trading communication breakdowns coming from the NYSE, and now they want answers. According to Nasdaq, they rewrote some computer …

Read More

Nasdaq Glitch Blamed for Facebook’s Abysmal IPO Performance

As we reported on Friday, Nasdaq is getting the blame for Facebook’s botched IPO launch and the subsequent poor trading performance in the days that followed. The remarks come from a court filing by Facebook and Morgan Stanley who seek to combine more than 40 state and federal lawsuits brought against Facebook and their lead underwriters stemming from the events …

Read More

Groupon Gets an Upgrade by Morgan Stanley Analyst from Equal Weight to Overweight

Groupon shares are on the rise this morning as after Morgan Stanley analyst, Scott Devitt, raised the company’s status from Equal Weight to Overweight. Despite closing just above $10 per share on Friday, early morning trading reached as high as $11.07, and Groupon is currently trading for $10.75 per share. Scott Devitt, analyst for Morgan Stanley comments on Groupon’s performance: …

Read More

Page 1 of 41234»