NEW YORK, Nov 13- IEX Group's application to become a U.S. stock exchange does not meet industry standards and regulators should not approve the upstart trading venue's request, which lacks key details on how it's so-called' speed bump' would operate, the New York Stock Exchange has said of its rival. It aims to launch as such early next year, and would compete against...» Read More
Both the Dow and the S&P 500 kicked off the month of June with their worst-performing day since August 11, 2010.
Tired of May? Well, here comes June. And that’s likely not good news for investors either.
Stock markets have been caught in a gloomy place for much of May. Despite some gung-ho risk-on days the overall trend for risk assets has been lower.
Over the past five years, the average return of the NASDAQ 100 and NASDAQ Composite during the summer months outperformed the Dow and S&P 500.
Here is a look at the best-performing stocks in the top-performing sectors year-to-date.
A group of Canadian banks and pension funds said on Wednesday it will take its C$3.6 billion ($3.7 billion) bid for TMX Group directly to shareholders after the exchange operator rejected the bid in favor of a friendly offer from the London Stock Exchange.
This weekend marks the unofficial beginning of summer, and CNBC.com looked at how the stock market has historically performed leading up to Memorial Day and the months that follow.
Bail for IMF chief, Dominique Strauss-Kahn, has been denied, reports CNBC's Mary Thompson; the Fast Money traders weigh in on Lowe's profit miss, and an analysis of the Nasdaq/ICE bid withdrawal for the NYSE, with Richard Repetto, Sandler O'Neill & Partners.
Discussing the impact of the IMF chief's sex scandal and Europe's future financial stability, with CNBC's Steve Liesman. Also, CNBC's Mary Thompson with latest details on Strauss-Kahn's court arraignment in New York City.
“It was black and white. There was nothing we could do to get the deal done.” Those words from an architect of Nasdaq OMX Group and IntercontinentalExchange's unsolicited bid for the NYSE Euronext after a meeting between the management of those companies and the DOJ’s anti-trust division confirmed what many had believed on the day the bid was announced (April Fool’s Day).
Jimmy Dunne, senior managing principal of Sandler O'Neill, favors NYSE Euronext's merger with Deutsche Boerse over the hostile offer made by Nasdaq and ICE, he told CNBC Thursday.
In the wake of the Flash Crash in May 2010, CNBC and AP conducted a wide-ranging poll on how Americans saw the stock market and investing. How much have things changed? You tell us.
In his 31 years of investing, the "Mad Money" host said he's never seen so many opportunities.
The tussle between the exchanges is a question about what model is going to compete most successfully in an increasingly global marketplace. The New York Times reports.
It didn’t take long for the Department of Justice to issue a second request to Nasdaq and Intercontinental Exchange seeking additional information as it scrutinizes its bid for the NYSE.
Two-plus months into the war waged over the New York Stock Exchange, and the participants are gearing up for a key battle: what to call it.
The Fast Money traders look at which trades you should put down now. And a look ahead to how to play commodities going into Bernanke's press conference on Wednesday.
Nasdaq OMX Group has said it would consider selling NYSE Euronext’s American Stock Exchange division if it would help smooth its acquisition of the NYSE Euronext, the Wall Street Journal reported, citing people familiar with the matter.
Nasdaq CEO Robert Greifeld is meeting with hedge funds Friday in New York trying to drum up support for his company’s proposal to purchase the NYSE. Nasdaq is joined in that proposal by its partner ICE, but today’s meeting did not include representatives from that company, something noted by attendees.
What to do with your money ahead of the weekend, with Bob Phillips, Spectrum Management Group, and Steven Charest, Divine Capital.