Tags: NASDAQ
Levine says backups not enough in stocks
Inventor John Levine of Nasdaq's exchanges systems said that the stock markets needed to be designed properly following the system breakdown yesterday which halted trading for three hours.
Bats discusses merger with exchange competitor
Bats Global Markets Inc. and Direct Edge Holdings LLC had been in merger discussions that would create two of the biggest stock exchanges in the US.
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.
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Apollo Global-backed Sprouts Farmers gained more funds that it has originally sought after in its initial public offering.
Today, Foundation Medicine Inc. announced filing a registration statement for a proposed initial public offering of its shares of common stock that will be listed on The NASDAQ.
Hundreds of millions of dollars were stolen from Nasdaq and other companies by computer hackers based in Russia and Ukraine.
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.




