Hundreds of millions of dollars were stolen from Nasdaq and other companies by computer hackers based in Russia and Ukraine.
Tags: NASDAQ
Two incidents show vulnerabilities of American trade markets
The recent NASDAQ shutdown showed to all the vulnerabilities of the US Stock Market. The recent technological breakdowns have exhibited the vulnerability of the US stock market to these kinds of issues and glitches.
"Dark" Nasdaq opts to be cautious before resuming trade
Nasdaq officials opted to ensure that no panic trading was to be done when they open after a 3-hour outage.
Urban Outfitters stocks jump 7% in post-markets trade
Trading saw Urban Outfitters with high earnings upon close Monday. In Monday's trading on NASDAQ, Urban Outfitters exhibited more than a modest show of profits.
Russian pleads not guilty in largest US hacking case
Russian pleaded not guilty to charges that accuse him of being a part of the biggest cybercrime ring prosecuted in the US.
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Apple stocks led a rally to keep losses of tech stock at bay. Wednesday afternoon at the stock exchange saw most US stocks in the red. However, tech stocks, led by Apple, rallied to limit the losses.
iPhone sales led to 5% increase in AAPL. AAPL, the symbol by which Apple stocks were traded on the stock market, soared. This was after Apple reported higher-than-expected quarterly results.
RetailMeNot priced its IPO at US$21 per share. The largest digital coupon marketplace in the world, RetailMeNot, announced the price of its shares that were up for grabs in its initial public offering.
US venture firm fundraising activity decreased 54% in the second quarter this year. There was a decline of 54% in fundraising by US venture-capital firms in the second quarter.
According to Ernst & Young, UK IPO market's success was driven by smaller US tech firms. According to the latest IPO Eye report from Ernst & Young, the UK initial public offering market ranked third, after the New York Stock Exchange and NASDAQ.
Heat Biologics increased IPO target to US$33 million. Heat Biologics set a top target for its initial public offering. From US$24 million, the company now aimed to raise US$33 million.
Tesla Motors is set to transfer from the NYSE to the NASDAQ while Oracle Corp. does the opposite. The best-performing car manufacturing stock this year, Tesla Motors Inc.
Idinvest's Prosensa Holding held its first trading day on the Nasdaq. (Photo : Reuters)This is the logo of Prosensa. Prosensa Holding, a biotechnology and life sciences firm from the Netherlands, initiated its first trading day on the Nasdaq New York.
Nasdaq asked a judge to dismiss lawsuits filed by investors and argued that it is a self regulatory organization and could not be sued for actions taken as a part of its regulatory responsibilities.
