The Northeast is bracing for a snowstorm of "potential historic" proportions, but the stock exchanges in New York plan to be open Tuesday.» Read More
The Nasdaq Stock Market agreed to buy Nordic stock exchange operator OMX for $3.67 billion Friday, as Nasdaq seeks to expand abroad following a series of rival stock market mergers.
The Nasdaq Stock Market plans to announce on Friday that it has agreed to buy Nordic bourse owner OMX as it expands beyond the U.S. market, according to sources familiar with the situation.
The London Stock Exchange Group's annual net profit rose 55% as hedge funds and specialist traders boosted the number of average daily trades, the bourse reported Wednesday.
Nordic bourse operator andtechnology firm OMX said on Thursday it was in cooperation talks with several exchanges, but added it had not received any bid.
Stocks look set to move higher at the opening, with the Dow catching some strength from Citigroup's restructuring moves and Alcoa's better-than-expected earnings report. European stocks are riding higher for a sixth day, and Tokyo was flat but other Asian markets were higher overnight.
The Nasdaq Stock Market is in talks to buy the Philadelphia Stock Exchange, the Wall Street Journal reports.
Good morning. Deborah Taft stays in the top position with a portfolio value of $2,187,663.68 for a gain of $2,000.00 or 0.09% from Thursday's action. Deborah was all in cash and received $2,000 in bonus bucks and has put the majority of her holdings into Elan Corp. plc (ELN) as of 3/22. (those bonus bucks from the trivia questions do add up!!)
"It's more company-specific news items than anything else," Tony Dwyer, equity market strategist at FTN Midwest Securities, said in an interview with CNBC.com. "You had a very near-term oversold market, you've had a back-and-forth tape over the last few days, so today evens it out."
The world's largest electronic stock exchange issued a disappointing 2007 earnings outlook on Tuesday, overshadowing strong quarterly earnings, which dragged its shares sharply lower.
The Nasdaq Stock Market , having failed in its $5.3 billion hostile takeover bid for the London Stock Exchange , is now seen scrambling to lay out a European strategy that will appease its shareholders and ensure that it won't be left behind as other major exchanges consolidate.
The Nasdaq Stock Market’s failure to take over the London Stock Exchange with a $5.3 billion hostile bid leaves it dangerously leveraged and in need of clear strategy to keep up with the other major exchanges, according to one LSE shareholder.
The Nasdaq Stock Market failed for the second time in a year to win control of the London Stock Exchange , revealing Saturday that its $5.3 billion hostile bid had been spurned by the British bourse's shareholders.
The London Stock Exchange reiterated its opposition to a hostile bid from Nasdaq Stock Market Inc on Monday, noting that valuations of trading exchanges had risen since its U.S. rival launched its bid.
Nasdaq, which owns almost 30% of the LSE and is offering $5.3 billion (2.7 billion pounds) in total, earlier set its own deadline of Jan. 27 for LSE investors to accept the offer.
The London Stock Exchange unveiled plans to return as much as another 250 million pounds ($492 million) to investors as it seeks to persuade them to reject a hostile offer from U.S. rival Nasdaq.
Nasdaq Stock Market said on Monday that imminent third-quarter figures from the London Stock Exchange would not affect its 2.7 billion pound ($5.2 billion) hostile bid for the British exchange.
Euronext shareholders onTuesday approved a $14-billion plan to merge the multinational European exchange operator with the New York Stock Exchange and form the first transatlantic bourse.
London Stock Exchange on Tuesday urged its shareholders to reject a hostile takeover bid by the Nasdaq Stock Market Inc., saying the offer was "wholly inadequate."
Stocks closed mostly lower amid higher oil prices and a surprising decline in Midwest business activity.