The Fast Money traders share their final trades of the day.» Read More
The Nasdaq Stock Market is in talks to buy the Philadelphia Stock Exchange, the Wall Street Journal reports.
Robert Greifeld, president and chief executive officer of Nasdaq, told CNBC’s “Squawk on the Street” that 40 Chinese companies with a total market cap of about $30 billion have listed on the exchange to date.
Cowan, who was also named a director, replaces Max Carnecchia, who held the post for the past year and will continue as president.
Nasdaq Stock Market on Thursday named former Rep. Michael Oxley as a non-executive vice chairman of the world's largest electronic exchange to oversee the Nasdaq's relations with its listed companies and advise it on public policy issues.
John E. Fitzgibbon, Jr., editor of IPOscoop.com, told CNBC’s "Power Lunch" that the recent downturn in the broad market won’t crimp the supply of strong deals. Fitzgibbon said the quality of IPOs increases during tough times, giving investors an opportunity to buy shares in top-notch companies.
For the last 20 years, Dennis Gartman's daily musings on commodity and other markets has become required reading for every serious trader, hedge fund manager and analyst out there. Top traders including our own Eric Bolling consider Gartman to be one of the most insightful strategists in the world... and on tonight's Fast Money not only did he honor us with a visit he revealed why he's calling for a global bear market.
Smith Barney’s market strategist for private clients told CNBC’s “Closing Bell” that last week’s market downturn was healthy and he expects 2007 to be a strong year. “We didn’t see anything that changed our opinion,” said John Manley. “This sort of stuff has to happen from time-to-time because it clears out the tubes and re-adjusts the economy.”