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Keyword: nyse

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  • Clinton's State Dept. calendar missing scores of entries

    06/24/2016 4:22:04 AM PDT · by Bulwinkle · 61 replies
    AP ^ | 6/24/2016
    The AP review of Clinton's calendar — her after-the-fact, official chronology of the events of her four-year term — identified at least 75 meetings with longtime political donors and loyalists, Clinton Foundation contributors and corporate and other outside interests that were either not recorded or listed with identifying details scrubbed. The AP found the omissions by comparing the 1,500-page document with separate planning schedules supplied to Clinton by aides in advance of each day's events. The names of at least 114 outsiders who met with Clinton were missing from her calendar, the records show...
  • Stockman: We are at peak debt headed for a recession

    01/21/2016 8:22:39 PM PST · by Pan_Yan · 59 replies
    CNBC ^ | January 21, 2016 | David Stockman
    Video at link. David Stockman (Office of Budget and Management, Reagan Administration) explains why the market will not be going up any time soon.
  • NYSE invokes Rule 48 for open, Dow futures briefly tumble more than 400

    09/01/2015 6:33:05 AM PDT · by Citizen Zed · 10 replies
    Yahoo Finance ^ | 1-1-2015 | CNBC
    U.S. stock index futures pointed to a sharply lower open on Tuesday, with Dow futures briefly falling more than 400 points, following some weaker-than-expected Chinese data. Two sets of key Chinese data disappointed traders on Tuesday. The official manufacturing purchasing managers' index (PMI) edged down to 49.7 in August from 50 in July, while the final Caixin/Markit manufacturing PMI came in at 47.3 in August, the lowest reading since March 2009. Even more worrying, China's services sector , which has been one of the lone bright spots in the sputtering economy, also showed signs of cooling, a similar business survey...
  • Stock Market Turmoil: Dow Jones Jumps and Dives in Day of Turbulence (-588.47)

    08/24/2015 1:10:39 PM PDT · by Red Badger · 37 replies
    NBC ^ | 08-24-2015 | by Erin McClam
    The stock market whipped between nauseating drops and roaring comebacks on Monday in a historic day of turbulence. Seized by fears that the Chinese economy is not as healthy as it appeared to be, investors sold with abandon at the opening bell and sent the Dow Jones industrial average down almost 1,100 points, the biggest decline on record in a trading day. Then the market staged a dramatic comeback and almost erased its losses, coming within about 115 points of break-even. By late afternoon, stocks were sinking again — and the Dow closed down nearly 600 points. "The movements we've...
  • NYSE will suspend stock trading If S&P 500 index plunges 7%, currently down 4.86% - @business

    08/24/2015 7:16:21 AM PDT · by Biggirl · 22 replies ^ | August 24, 2015 |
    NEW YORK, NY 26m Dow's current session-low is 1,089 points reached minutes after opening bell; now down 695 points - @CNBC MARKETS 26m NASDAQ also suffers early losses, down 200 points read more on MARKETS 30m Dow has lost 600-points, improving on 1000-point plunge in opening minutes of NYSE trading - @CNBC
  • Dow in correction as growth concerns weigh; Apple falls 5.5%

    08/21/2015 12:20:39 PM PDT · by Red Badger · 26 replies ^ | 08-21-2015 | Evelyn Cheng
    U.S. stocks traded about 2 percent lower on Friday, extending a recent rout, as concerns about slowing global growth continued to pressure investor sentiment. ( Tweet This ) The Dow Jones industrial average briefly fell into correction territory, losing more than 470 points as all blue chips declined. In the last five years, the index has only had four instances with closing losses of more than 400 points. "It's an expiration day and it looks like they're to have for sale on the close maybe as much as a billion dollars," said Art Cashin, director of floor trading for UBS....
  • Anonymous issued cryptic tweet on eve of NYSE suspension

    07/09/2015 6:24:54 AM PDT · by COUNTrecount · 3 replies
    The Hill ^ | July 8, 2015 | Jesse Byrnes
    International hacking group Anonymous wished Wall Street ill the night before the New York Stock Exchange temporarily suspended trading on all securities. The activist group tweeted late Tuesday: Wonder if tomorrow is going to be bad for Wall Street.... we can only hope. — Anonymous (@YourAnonNews) July 8, 2015 New York trading was suspended around 11:30 a.m. Wednesday due to a "technical issue," the exchange said in a statement posted to Twitter. The Department of Homeland Security said there was no indication the NYSE had been hacked, according to Bloomberg and CNN. The exchange said the glitch could not be...
  • Cyber-Security Expert: North Korea Takes Credit for NYSE Attack – No Coincidences – This Is Major

    07/08/2015 6:24:17 PM PDT · by Nachum · 34 replies
    The Gateway Pundit ^ | 7/8/15 | Jim Hoft
    Cyber-Security expert Greg Keeley said the North Koreans are taking credit for the “glitch” that took down the New York Stock Exchange today. Keeley said there is no way these several glitches are not connected. And that may very well be possible. “For the administration to come out so hard and so fast and say this was not an attack I think is disingenuous… This is a major attack and for us to bury our head in the sand is very troubling.”
  • This is why the NYSE shut down today

    07/08/2015 2:10:59 PM PDT · by SeekAndFind · 70 replies
    Fortune ^ | 07/08/2015 | by Stephen Gandel
    An expert says a failed systems upgrade forced the New York Stock Exchange to halt trading on Wednesday. Two weeks ago, the New York Stock Exchange told trading firms and other subscribers that it would be discontinuing some of its legacy systems. Apparently, the fix disconnected the entire NYSE. The NYSE has not yet confirmed why trading on the exchange had been halted on Wednesday morning. It has said that it was the result of technical issues and did not offer any further elaboration. But Eric Scott Hunsader, an expert in Wall Street trading systems who heads market data firm...
  • NYSE Tweets: no Cyber Attack

    07/08/2015 9:53:07 AM PDT · by MeshugeMikey · 49 replies
    MeshugeMikey ^ | July 8, 2015 | self
  • U.S. Cyber Attack? (Wall Street Journal Web Page Is Down)

    07/08/2015 9:16:25 AM PDT · by Enlightened1 · 99 replies
    First United Airlines today now then The Stock Exchange Earlier I noticed this Morning Apple Music was down. Then Zero Hedge was down earlier. Now the Wall Street Journal is down.
  • Trading halted on NYSE floor (autoplay video warning)

    07/08/2015 8:51:41 AM PDT · by PghBaldy · 11 replies
    CNBC ^ | July 8 | Staff
    Trading in all symbols was temporarily halted on the New York Stock Exchange floor Wednesday due to an apparent technical issue. "NYSE/NYSE MKT has temporarily suspended trading in all symbols. Additional information will follow as soon as possible," the NYSE said in a statement on its status page. A technical issue caused the trading halt, Reuters reported, citing a source. Trading stopped around 11:30 a.m. ET.
  • Trading halted on NYSE floor

    07/08/2015 8:51:02 AM PDT · by Raebie · 21 replies
    CNBC ^ | July 8, 2015 | CNBC
    Trading in all symbols was temporarily halted on the New York Stock Exchange floor Wednesday due to an apparent technical issue. "NYSE/NYSE MKT has temporarily suspended trading in all symbols. Additional information will follow as soon as possible," the NYSE said in a statement on its status page. A technical issue caused the trading halt, Reuters reported, citing a source. Trading stopped around 11:30 a.m. ET. The Nasdaq reported no technical issues and said it continues to trade NYSE-listed stocks. "It's been a little bit of a bumpy day. We had some technical problems even before the opening," said Art...
  • Trading halted on NYSE floor

    07/08/2015 8:48:37 AM PDT · by rdl6989 · 157 replies
    CNBC ^ | July 8, 2015
    Trading in all symbols was temporarily halted on the New York Stock Exchange floor Wednesday due to an apparent technical issue. "NYSE/NYSE MKT has temporarily suspended trading in all symbols. Additional information will follow as soon as possible," the NYSE said in a statement on its status page. A technical issue caused the trading halt, Reuters reported, citing a source. Trading stopped around 11:30 a.m. ET.
  • Could This Airplane Replace the A-10 Warthog? (Textron Scorpion)

    03/15/2015 5:15:56 PM PDT · by EveningStar · 112 replies
    The Motley Fool ^ | March 15, 2015 | Rich Smith
    After more than four decades in service, the A-10 Warthog is due for a replacement. So says the U.S. Air Combat Command. What's more, ACC says it's already "thinking about" fielding such a replacement. But what might that replacement be? Last week, we got a clue. As reported by Reuters, the Air Force has recently begun evaluating Textron's Scorpion fighter jet as a potential 21st-century replacement for the 20th-century Warthog.
  • Obama Releases Convicted Terrorist al-Marri

    01/21/2015 7:33:06 AM PST · by PROCON · 23 replies
    nationalreview ^ | Jan. 20, 2015 | Andrew C. McCarthy
    Long War Journal reports that the Obama administration has released Ali Saleh Kahlah al-Marri from a U.S. prison – not from Gitmo, but from a civilian jail after a federal terrorism conviction. Al-Marri is an al-Qaeda operative who was planted as a “sleeper” in the United States by Khalid Sheikh Mohamed to await instructions on carrying out a second wave of attacks after the 9/11 atrocities – against water reservoirs, the New York Stock Exchange, U.S. military academies, and other targets. The Justice Department quietly sprung him on Friday so he could return to his native Qatar, a country the...
  • This is the last photo we’ll ever run of the NYSE trading floor

    10/03/2014 7:29:33 PM PDT · by george76 · 13 replies
    Market Watch ^ | Oct 1, 2014 | Jeremy Olshan
    The stock market ditched Wall Street years ago. The masters of the universe, like the Giants and Jets, now scrimmage across the Hudson River in New Jersey—their trading these days done almost entirely by computers piping algorithmic playbooks into a fortress of servers in Mahwah and other competing exchanges nearby. The small squads of human traders who remain on the floor at 11 Wall St., the New York Stock Exchange’s Teddy Roosevelt–era headquarters, are (for the most part) just playing fantasy football. Yet just as the Big Apple’s football teams kept their New York names after wedding themselves to the...
  • CEOs Of Stock Exchanges Brawl On CNBC Over High Freq. Trading As NYSE Floor Traders Go Crazy

    04/01/2014 1:52:28 PM PDT · by SeekAndFind · 29 replies
    Business Insider ^ | 04/01/2014 | Julia La Roche
    Two CEOs of exchanges got in a nasty brawl on CNBC's "Power Lunch" over high-frequency trading.  William "Bill" O'Brien, the CEO of BATS, slammed Brad Katsuyama, the CEO and president of IEX, and author Michael Lewis.Katsuyama is the hero in Michael Lewis' new book, "Flash Boys." His firm, IEX, is an alternative exchange. "I've been shaking my head a lot quite frankly the last 36 hours ... Michael and Brad, shame on both of you," he said, adding that they've possibly scared "millions of investors in an effort to promote a business model."CNBC correspondent Bob Pisani asked Katsuyama if he thought the...
  • Stocks plunge in U.S., Dow sinks 318 points

    01/24/2014 1:19:17 PM PST · by John W · 81 replies
    Yahoo News ^ | January 24, 2014 | Chris Nichols
    Stocks in the U.S. slumped at the end of the week, including a dive of 318 points for the Dow Jones Industrial Average, as traders caved in to worries about global stability and the health of various economies. Concerns about weak growth in China — a critical market for Western trade — melded with currency drops in countries such as India and Turkey, prompting investors to flee from stocks, which are viewed as riskier than bonds or gold. The S&P 500, a broad measure of the American market, lost 2% to 1,792 Friday, and the Nasdaq Composite slid 2.1% to...
  • ...Charges Two Brooklyn Men with Conspiring to Provide Material Support to al Qaeda

    04/30/2010 1:45:09 PM PDT · by Cindy · 17 replies · 385+ views
    Note: The following text is a quote: Manhattan U.S. Attorney Charges Two Brooklyn Men with Conspiring to Provide Material Support to al Qaeda PREET BHARARA, the United States Attorney for the Southern District of New York, GEORGE VENIZELOS, the Special Agent-in-Charge of the New York Office of the Federal Bureau of Investigation ("FBI"), and RAYMOND W. KELLY, the Police Commissioner of the City of New York, announced the indictment of U.S. citizens WESAM EL-HANAFI and SABIRHAN HASANOFF for allegedly conspiring to provide material support, including computer advice and assistance, to al Qaeda. EL-HANAFI and HASANOFF are expected to be presented...
  • NSA Foiled NYSE (New York Stock Exchange) Terrorist Plot, We Now Learn

    06/18/2013 9:58:07 AM PDT · by Zakeet · 76 replies
    Zero Hedge ^ | June 18, 2013
    To think it only took the world's most (in)famous whistleblower to get the NSA to disclose that it had heroically managed to prevent terrorist attacks involving the New York Stock Exchange (we supposed they refer to the Manhattan-based TV studio and not the actual exchange where the servers are now housed in Mahwah, NJ) and the NY Subway. Because whereas there was a time in the past when the various US secret services would scurry at the opportunity to disclose their expertise to the general public, now it is a false negative that is supposed to disprove a positive (pervasive...
  • We Have A Hindenburg Omen Sighting

    04/15/2013 3:50:44 PM PDT · by RobertClark · 10 replies
    ZeroHedge ^ | 04/15/13 | Tyler Durden
    Remember when the last time a cluster of Hindenburg Omens nearly toppled the market in August 2010 and the only saving grace was Ben Bernanke's QE2 announcement at Jackson Hole which sent risk soaring? Today, nearly three years later, we got the first instance of the Omen again. Will it be a one-off fluke, or a cluster, which is needed to confirm this dreaded technical formation? Stay tuned in the coming days to find out... The last cluster was Aug 2010 (and was only saved by Bernanke), the previous cluster was Oct 2007 and we know what followed... (red bars...
  • Why a spy was killed (The Mogilevich-Litvinenko Link)

    01/30/2008 2:12:44 PM PST · by Ivan the Terrible · 4 replies · 243+ views
    Guardian ^ | January 26, 2008 | Cathy Scott-Clark and Adrian Levy
    ...Litvinenko "was giving Scaramella lots of information about Russian and criminal infiltrations in Italy, but most of it was very difficult to verify and crosscheck. It was a little bit out on a limb." In the old days, Litvinenko had been familiar with criminal clans in Russia, now he was making risky approaches to the Italian mafia. Scaramella believed if they could get inside this network, they would be able to leverage much more damaging intelligence about Italian politicians. They spread their net wider. The Litvinenko dossier lists a dizzying roll call of names investigated by the pair, among them...
  • NY Stock Exchange Being Bought For $8.2B By Atlanta-based Intercontinental Exchange

    12/20/2012 7:00:17 AM PST · by SeekAndFind · 14 replies
    NPR ^ | 12/20/2012 | Mark Memmott
    <p>The New York Stock Exchange will be acquired by IntercontinentalExchange of Atlanta in a deal valued at about $8.2 billion, the two rivals confirmed Thursday morning.</p> <p>In matching press releases, they say the sale "combines two leading exchange groups to create a premier global exchange operator diversified across markets including agricultural and energy commodities, credit derivatives, equities and equity derivatives, foreign exchange and interest rates."</p>
  • All U.S. Equity Markets Closed Monday Due to Sandy (and Tuesday, pending confirmation)

    10/28/2012 8:33:38 PM PDT · by InMemoriam · 18 replies ^ | 10/28/12 | Tyler Durden
    Late Updates - after a day of consultation and realization that if the algos were left alone to play then things could go a little pear-shaped - NYSE and NASDAQ will now be totally closed tomorrow: *U.S. EQUITY MARKETS TO CLOSE ON OCT. 29 FOR STORM, SEC SAYS *NEW YORK STOCK EXCHANGE TO CLOSE MARKETS FOR STORM *NASDAQ OMX MARKETS CLOSED TOMORROW ON HURRICANE SANDY :NDAQ US
  • Plot to attack Federal Reserve in NYC: Suspect thought he had 1,000-pound bomb, authorities say

    10/17/2012 7:04:32 PM PDT · by Nachum · 51 replies
    nbc ^ | 10/17/12 | Jonathan Dienst and Shimon Prokupecz,
    Updated at 8 p.m. ET: NEW YORK - A suspected terrorist parked a van packed with what he thought was a 1,000-pound bomb next to the Federal Reserve building in Lower Manhattan and tried to detonate it Wednesday morning before he was arrested in a terror sting operation, authorities said. The suspect, 21-year-old Quazi Mohammad Rezwanul Ahsan Nafis, is a Bangladeshi national who came to the U.S. on a student visa in January for the specific purpose of launching a terror attack here, authorities said. He allegedly told an undercover agent last month that he hoped the attack would disrupt...
  • John Phelan, N.Y.S.E. Chief Who Ushered In New Technology, Is Dead at 81

    08/08/2012 5:56:59 PM PDT · by the invisib1e hand · 2 replies
    NY Times ^ | August 6, 2012, 11:26 am | WILLIAM ALDEN
    John J. Phelan Jr., a former chairman of the New York Stock Exchange who introduced computer technology to the Big Board in the 1980s and was widely praised for his calming response to the stock market crash of October 1987, died on Saturday in Manhattan. He was 81. After the 1987 crash, which shook investors' confidence in financial markets, Mr. Phelan coolly resisted calls to close the exchange, fearing that it would breed further panic. He rang the closing bell himself. "He deserves eternal credit for that,"Felix G. Rohatyn, a longtime investment banker who helped save New York from bankruptcy...
  • Breaking: NYSE Invokes Rule 48

    06/01/2012 10:45:48 AM PDT · by ex-Texan · 31 replies
    Economic Policy Journal ^ | 6/1/2012 | Economic Policy Journal Staff
    With indications that the Dow will open more than 170 points lower, the NYSE has invoked Rule 48. Specifically, the NYSE and NYSE MKT cash equities exchanges will invoke Rule 48 for this morning's opening. Mandatory opening indications are therefore not required. Overview of Rule 48:. Rule 48 provides the Exchange with the ability to suspend the requirement to disseminate price indications and obtain Floor Official approval prior to the opening when extremely high market-wide volatility could cause Floor-wide delays in opening of securities on the Exchange. Rule 48 is intended to be invoked only in those situations where the...
  • Ten Arrested as Obama Endorsed #OWS Goons and Thugs Try to Occupy Federal Building across from NYSE

    04/17/2012 1:33:16 PM PDT · by combat_boots · 6 replies
    Atlas Shrugs ^ | April 17, 2012 | Pam Geller et al
    Fresh off this past weekend's #OWS anarchy and the panic that ensued (#OWS Leader assaulted NYPD with metal pipes, #OWS occupiers tried to take over a federal building across the the New York Stock Exchange. Expect a long, brutal hellish summer from these goons. May day will be gruesome.The attempt to create a Zucotti like camp on Federal grounds was successfully thwarted. I ā¯¤ NYPD!I, for one, will actively work for NYPD Police Commissioner Ray Kelly for mayor.Ā  Let us all urge him to run. All of America would get behind his campaign. Resident living across the street fromĀ  the...
  • 10% Of Trades On The NYSE Involve A Single Notorious Company

    02/10/2012 10:53:20 AM PST · by SeekAndFind · 8 replies
    Business Insider ^ | 02/10/2012 | AP
    NEW YORK (AP) — On a normal day, 4 billion shares of stock change hands on the New York Stock Exchange. One in 10 belongs to a single company. It's not McDonald's or IBM, both of which have been on a tear. It's Bank of America — bailed out by the government three years ago, reviled for being part of the mortgage frenzy that helped wreck the economy and selling for not much more than an ATM fee. When the market goes up because of positive news about the economy, Bank of America stock shoots up past the stocks of...
  • NYPD: Counter Terrorism Units (Wall Street Protection of Utmost Importance in Post 9-11 Era) vs. OWS

    11/17/2011 12:46:30 AM PST · by AmericanInTokyo · 28 replies
    "Lower Manhattan Security Initiative (LMSI): The Lower Manhattan Security Initiative (LMSI) is a networked surveillance project designed to detect threats and perform pre-operational terrorist surveillance south of Canal Street in Lower Manhattan. LMSI combines an increased police presence with technology to accomplish its mission. At the heart of this initiative is the public-private partnership fostered amongst the NYPD, private entities, and public agencies in Lower Manhattan to create an information sharing environment and better defend against potential threats to the nation's financial capital. The Lower Manhattan Security Coordination Center (LMSCC), staffed 24/7 by NYPD officers, recently opened in November 2008...
  • 'Anonymous' takes down for 1 minute

    10/10/2011 2:57:40 PM PDT · by smokingfrog · 19 replies
    Chicago Tribune ^ | 10 Oct 2011 | CNN Money
    4:07 p.m. CDT, October 10, 2011 Anonymous' call for a massive attack on the New York Stock Exchange's website was met Monday -- but very, very briefly. A group calling itself Anonymous, a name used by disparate groups of online "hactivists," threatened to take down at 3:30 p.m. ET today as an extension of the "Occupy Wall Street" demonstrations that have continued into a fourth week. The website was slow and then unavailable from about 3:35 p.m. to around 3:37 p.m, after which it returned to normal. Keynote, an Internet monitoring company, confirmed that slowed down during that...
  • Anonymous threatens to “erase” the New York Stock Exchange from the Internet

    10/04/2011 1:51:23 PM PDT · by Lucky9teen · 37 replies
    Ever since Occupy Wall Street protests began mid-September, the hacker collective Anonymous has been posting its support for protestors and threats against those like the New York Police Department, on its YouTube channel. In its most recent post over the weekend, Anonymous threatens to “erase” the New York Stock Exchange from the Internet. Anonymous includes instruction on its video for people to "JOIN THE RAID". When? October 10. Watch the group’s video threat — a message to the media — of a day that will “never, ever be forgot:” As PC Magazine reports the threat, it notes that Anonymous does...
  • U.S. stocks open sharply lower; Rule 48 invoked

    09/06/2011 6:45:47 AM PDT · by TigerLikesRooster · 32 replies
    Market Watch ^ | 09/06/11 | Kate Gibson
    Sept. 6, 2011, 9:37 a.m. EDT U.S. stocks open sharply lower; Rule 48 invoked By Kate Gibson NEW YORK (MarketWatch) - U.S. stocks fell sharply Tuesday as worries about European debt and the U.S. economy intensified. The Dow Jones Industrial Average DJIA -2.31% fell 275.26 points to 10,965.00. The Standard & Poor's 500 Index SPX -2.51% shed 29.60 points to 1,144.37. The Nasdaq Composite Index COMP -2.18% declined 56.61 points to 2,423.72. /snip Markets invoked Rule 48 for the open, lifting a requirement calling for price indications that help determine the floor price at the start to smooth trade.
  • No joy in selling the NYSE to the Germans

    07/07/2011 11:40:55 AM PDT · by buzzer · 31 replies
    MarketWatch ^ | 07/07/2011 | David Weidner
    <p>NEW YORK (MarketWatch) — The Germans, or at least Volkswagen AG, have a word for the joy of driving, “fahrvergnugen.” What they don’t have is a word for the joy of selling your national stock exchange to the Deutsche Boerse. Turns out they don’t need one.</p>
  • Nasdaq and ICE withdraw NYSE bid (Clears way for Deutsche Bourse)

    05/16/2011 6:45:08 AM PDT · by SeekAndFind · 1 replies
    CNN Money ^ | 05/16/2011 | Aaron Smith
    NEW YORK (CNNMoney) -- The Nasdaq OMX Group Inc. (NDAQ) and the IntercontinentalExchange (ICE) withdrew their offer to buy NYSE Euronext (NYX, Fortune 500), following discussions with the antitrust division of the U.S. Department of Justice, the companies said Monday. Nasdaq and ICE have been trying to gain favor with the NYSE board for their $11.3 billion offer since April, most recently taking it directly to the NYSE shareholders. Even that wasn't enough to appease the Justice Department. "We took the decision to withdraw our offer when it became clear that we would not be successful in securing regulatory approval...
  • NYSE rejects ICE-NASDAQ buyout, sticks with the offer from Deutsche Börse

    04/11/2011 9:27:43 AM PDT · by SeekAndFind · 2 replies
    NYSE Euronext has rejected an $11.3 billion buyout offer made by Atlanta-based IntercontinentalExchange Inc. and NASDAQ OMX. ICE (NYSE: ICE) and NASDAQ (NASDAQ: NDAQ) said in a joint statement NYSE Euronext's board of directors “without engaging in any dialogue or discussion, has summarily elected to deny its stockholders the opportunity to benefit from a clearly superior proposal to the announced transaction with Deutsche Börse, a proposed transaction that is indisputably financially inferior.” The NASDAQ-ICE bid for the New York Stock Exchange is in competition with a $10.2 billion offer made by Deutsche Börse AG, Germany’s biggest exchange. The two also...
  • NYSE: An American Icon "Sold to A Bunch of Foreigners"

    02/15/2011 2:32:02 PM PST · by GVnana · 52 replies
    BigGovernment ^ | 2/15/2011 | Samir Kapadia
    It’s official. The New York Stock Exchange has been sold to, in one CNBC anchor’s words, ‘a bunch of foreigners’. The iconic trading floor of the NYSE was tense this morning as CNBC’s Mark Haines’ grilled CEO Duncan Niederauer on the just announced merger of Deutsche Börse and the NYSE, a deal resulting in the creation of the world’s largest share- and derivatives-trading platform.
  • Nachtmare on Wall Street -- An American institution goes kaput (NYSE bought by Germans )

    02/15/2011 10:13:54 AM PST · by Ernest_at_the_Beach · 32 replies · 1+ views
    MarketWatch ^ | Feb. 15, 2011, 10:51 a.m. EST
    NEW YORK (MarketWatch) — This one hurts. The Deutsche Boerse /quotes/comstock/11i!dboey (DBOEY 8.14, -0.12, -1.45%)  and NYSE Euronext Group /quotes/comstock/13*!nyx/quotes/nls/nyx (NYX38.24, -1.21, -3.07%)  unveiled their merger plan Tuesday. Now may be a good time to brush up on how to make an umlaut on your keyboard. Under the terms of the deal, the Germans will control it all: a 60% majority stake, control of the board and chairmanship, a headquarters in Europe — and the CEO? He’s American, but his name is Niederauer. Read the full story on the Deutche Boerse–NYSE deal. Though the deal doesn’t really pose a threat...
  • Merger Could Take NYSE Out of American Control

    02/11/2011 6:56:57 AM PST · by OldDeckHand · 12 replies
    NBC New York ^ | 02/11/2011 | CHRIS GLORIOSO
    A German company is in high-level talks to acquire the New York Stock Exchange, Wall Street's most recognizable institution. According to reports published in both the German and American financial press, Deutsche Borse, a Frankfurt-based stock exchange is seeking to take a 60 percent ownership interest in the NYSE. The merger would create the world's largest financial exchange. News of the deal sent both NYSE and Deutsche Borse stock soaring Thursday. If US and European regulators sign off on the plan, the new parent company would have dual headquarters in Germany and America. The merger is not expected to result...
  • Germans in Talks to Buy Big Board

    02/10/2011 6:25:27 AM PST · by SoFloFreeper · 9 replies
    Wall Street Journal ^ | 2/10/11 | By E.S. BROWNING, JACOB BUNGE and AARON LUCCHETTI
    After 219 years as the citadel of American capitalism, the New York Stock Exchange was near an agreement to be acquired by Deutsche Börse AG in a deal that would create the world's largest financial exchange.
  • Planned Deal Marks NYSE's Decline (Germans Are Buying U.S. Stock Exchange)

    02/10/2011 6:19:22 AM PST · by SoFloFreeper · 9 replies
    Wall Street Journal ^ | 2/10/11 | AARON LUCCHETTI And MARY PILON
    The New York Stock Exchange has been bruised for years by rising competition and electronic trading. But its decline as a symbol of American financial clout was punctuated by Wednesday's announcement that parent company NYSE Euronext is nearing agreement to be bought by Deutsche Börse of Germany.
  • NYSE, Deutsche Börse in Deal Talks

    02/09/2011 10:04:04 AM PST · by buzzer · 4 replies
    wsj ^ | FEBRUARY 9, 2011, 12:51 P.M. ET | JACOB BUNGE And WILLIAM LAUNDER
    NYSE Euronext and Deutsche Börse AG confirmed that they were in advanced merger talks, in a combination that would create one of the world's largest share- and derivatives-trading platforms. Duncan Niederauer, chief executive of NYSE Euronext, would serve as CEO of the combined entity, according to a statement from the companies confirming the discussions. The company would have dual headquarters—in New York and Frankfurt—with an executive committee equally drawn from both organizations. Reto Francioni, Deutsche Börse's CEO, would become chairman and be based in Frankfurt. No deal has yet been reached, according to the companies.
  • Purple Homosexualist 'Spirit Day' Saturates U.S. Schools, Media, Stock Exchange

    10/22/2010 8:44:02 PM PDT · by massmike · 45 replies ^ | 10/22/2010 | Kathleen Gilbert
    An Internet-born movement to encourage solidarity with teen victims of gay bullying has spurred several celebrities, schools, and media to officially promote the pro-homosexual campaign by wearing purple this past Wednesday. A young woman named Brittany McMillan, who spread the idea on her Tumblr account, and was championed by the Gay & Lesbian Alliance Against Defamation (GLAAD), reportedly began the movement, which is intended to memorialize homosexual youths who have killed themselves. Several media outlets endorsed the movement, including CNBC, the Today Show, E!, HGTV, Philadelphia Magazine, Ms. Magazine, The View, and numerous Spanish-language media. Even the New York Stock...
  • Stocks Surge More Than 2%; Caterpillar Rises

    09/01/2010 10:00:23 AM PDT · by SMCC1 · 22 replies
    CNBC ^ | September 1, 2010 | Abby Schultz, JeeYeon Park
    Stocks surged the first trading day of September after a report showed U.S. manufacturing has surprising strength, and after news of strength in the global economy. The markets also shrugged off news of a decline in auto sales.
  • Market Analysts Say: False Hindenburg Omen Signal

    08/26/2010 1:33:01 PM PDT · by FourPeas · 13 replies
    Fox Business ^ | 26 Aug 2010 | Elizabeth MacDonald
    Way too much attention paid to the Hindenburg Omen, that this dreaded technical pattern flashed a negative signal recently in the markets, indicating a coming crash. Supposedly two Omen signals flashed fire engine red recently. But market analysts say that didn’t happen. A 50-year old financial newsletter writer, James Miekka built the Hindenburg Omen in 1995 using a calculus essentially based on Norman G. Fosback's High Low Logic Index. It essentially looks at stocks trading at 52-week highs and lows, and more moving parts that must miraculously line up in syzygy for the Hindenburg Omen to be set alight and...
  • "Expendables" cast rings the NYSE bell

    08/25/2010 7:56:23 AM PDT · by Callahan · 8 replies
    AP via Drudge ^ | 8/25/10 | Me
    "The Expendables" is a tribute to 80s action fare starring Stallone, Dolph Lundgren, Stone Cold Steve Austin, Terry Crews, Jet Li, Jason Statham and every other middle-aged action guy you can think of--except Jean Claude Van Damme and Seagal (too bad lol). Drudge is headlining this pic from their visit to the NYSE as a commentary on the struggling market. I thought it was cool because I'm a lifter and a connoisseur of dumb action movies. Plus Stallone is a patriotic guy by Hollywood standards. Too bad the economy isn't as jacked as Terry.
  • Markets TANK In Final Moments Of The Day: Here's What You Need To Know

    05/26/2010 1:21:20 PM PDT · by blam · 50 replies · 2,113+ views
    The Business Insider ^ | 5-26-2010 | Joe Weisenthal
    Markets TANK In Final Moments Of The Day: Here's What You Need To Know Joe Weisenthal May 26, 2010, 4:00 PM After surging by as much as 2% at one point, markets collapsed in the final moments of the day, a session that will prove very dispiriting for the bulls. But first, the scoreboard: Dow: -70 (below 10,000!) S&P 500: -6.2 NASDAQ: -15.07 And now, the key stories. * Once again, the see-saw market is the story of the day. Stocks were up very big early, following a good overnight session, and then collapsed in the final hour. * The...
  • Wall Street pares losses on materials and retail (Dow to finish above 10000 today, how convenient!)

    05/25/2010 12:50:20 PM PDT · by frogjerk · 17 replies · 1,095+ views
    NEW YORK (Reuters) - Stocks sharply cut losses on Tuesday as shares of basic materials and retail-related companies advanced. The Dow Jones industrial average (DJI:^DJI - News) dropped 112.53 points, or 1.12 percent, to 9,954.04. The Standard & Poor's 500 Index (^SPX - News) fell 9.46 points, or 0.88 percent, to 1,064.19. The Nasdaq Composite Index (Nasdaq:^IXIC - News) lost 22.70 points, or 1.03 percent, to 2,190.85. Indexes opened down nearly 3 percent.
  • Speedy New Traders Make Waves Far From Wall St. [HFT]

    05/18/2010 12:53:47 PM PDT · by CutePuppy · 22 replies · 766+ views
    CNBC / NYTimes blog ^ | May 17, 2010 | Julie Creswell
    Above the Restoration Hardware in this Jersey Shore town, not far from the Navesink River, lurks a Wall Street giant. Here, inside the humdrum offices of a tiny trading firm called Tradeworx, workers in their 20s and 30s in jeans and T-shirts quietly tend high-speed computers that typically buy and sell 80 million shares a day. But on the afternoon of May 6, as the stock market began to plunge in the “flash crash,” someone here walked up to one of those computers and typed the command HF STOP: sell everything, and shutdown.Across the country, several of Tradeworx’s counterparts did...