New York Stock Exchange

  • Alibaba jumps more than 40 pc in trading debut on NYSE 2 days ago

    Alibaba Group Holding Ltd's shares surged by more than 40 percent in their first day of trading on Friday as investors jumped in to buy what looks likely to be the largest IPO in history. More than two hours after trading began at the New York Stock Exchange, the stock opened...
  • Twitter shares dazzle on IPO day, stock soars 73% to close at $44.90 November 8, 2013

    New York: Shares of Twitter went on sale to the public for the first time on Thursday, instantly leaping more than 70 per cent above their offering price in a dazzling debut that exceeded even Wall Street's lofty hopes. By the closing bell, the social network that reinvented global communication in...
  • Twitter places IPO price at $26 a share, set to raise $1.8 billion November 7, 2013

    New York: Twitter has set a price of $26 for its initial public offering of stock, which means the company's shares can begin trading Thursday on the New York Stock Exchange. The price values Twitter at more than $18 billion based on its outstanding stock, options and restricted stock that'll be...
  • Aiming to avoid Facebook chaos, NYSE runs Twitter IPO test October 27, 2013

    New York: The New York Stock Exchange on Saturday did a test run of Twitter's highly anticipated market debut, as it seeks to avoid the types of problems that plagued Facebook's initial public offering on rival Nasdaq. The Big Board, run by NYSE Euronext, regularly does systems testing on the weekends,...
  • NYSE to hold 'dry run' for Twitter IPO October 19, 2013

    New York: The New York Stock Exchange isn't taking any chances with Twitter's initial public offering. The Big Board said it would allow trading firms to conduct a dry run of their systems to prepare for Twitter's IPO. The exchange seems to want to avoid the technical problems that marred Facebook's...
  • Wall Street jumps; Dow, S&P 500 close at record highs July 12, 2013

    New York: The S&P 500 index and the Dow industrials closed on Thursday at record highs, a day after Federal Reserve Chairman Ben Bernanke said the US central bank will keep a loose monetary policy for some time to lower the unemployment rate. Bernanke said after the market's close on Wednesday...
  • Tata Communications to delist from NYSE May 15, 2013

    Tata Communications Ltd said on Wednesday it will delist from the New York Stock Exchange and terminate its American Depositary Receipts (ADR) programme. "Our decision to delist, deregister and terminate our ADR program was the result of several factors, including the fact that our ADR program had not developed the...
  • ICE to buy New York Stock Exchange Euronext for $8.2 bn December 21, 2012

    New York: In October, Jeff Sprecher, chief executive of upstart IntercontinentalExchange, approached NYSE Euronext CEO Duncan Niederauer with a modest proposal to team up on clearing trades in London. As the men continued talking, Sprecher grew bolder, instead suggesting that ICE buy NYSE in what became an $8.2 billion deal...
  • US: Airports and stock exchange reopen; New Jersey devastated October 31, 2012

    New York: Two major airports reopened and the floor of the New York Stock Exchange came back to life Wednesday, while across the river in New Jersey, National Guardsmen rushed to rescue flood victims and fires still raged two days after Superstorm Sandy. For the first time since the storm battered...
  • NY's post-Sandy divide: Those with power and those without October 31, 2012

    New York: Sandy split New York City in two. The massive storm left people damp, miserable and in the dark in the lower part of the city. Yet in much of the rest of Manhattan, life was almost normal, albeit without some of the usual urban comforts. Almost every street below...
  • US stock markets to reopen on Wednesday after storm October 31, 2012

    New York: Major US stock exchanges expect to reopen on Wednesday after Sandy, the worst storm to hit New York in nearly 75 years, closed trading for two days. NYSE Euronext said the New York Stock Exchange would open as usual, although it was prepared to switch to fully electronic...
  • Hurricane Sandy closes NYSE trading floor on Monday October 29, 2012

    New York: The New York Stock Exchange will close its trading floor Monday as Hurricane Sandy barrels its way up the Northeast, but Big Board trading will continue electronically. NYSE Euronext said Sunday it is putting in place its contingency plans beginning Monday and will announce later when the trading...
  • Man Utd makes stock market debut with NYSE July 4, 2012

    Manchester United has picked the New York Stock Exchange to make its stock market debut, ending months of speculation over where the world's best-supported soccer club would list. After first eyeing a Hong Kong IPO, the former English Premier League champions had planned a $1 billion listing in Singapore in the...
  • US: Anti-Wall Street protests spread nationwide October 4, 2011

    New York: Protests against Wall Street spread across the country on Monday as demonstrators marched on Federal Reserve banks and camped out in parks from Los Angeles to Portland, Maine, in a show of anger over the wobbly economy and what they see as corporate greed. In Manhattan, hundreds of protesters...
  • Beaten-down Wall Street slammed by recession fears August 19, 2011

    New York: Rising fears of another recession hammered US stocks on Thursday, sending major averages sharply lower in a return to the extreme fluctuations investors endured a week ago. New worries about the health of European banks set the tone before the market's open, and a dismal report on regional US...
  • Wild week on Wall Street ends with subdued gains August 13, 2011

    Washington: After one of the most volatile weeks in memory, US stocks ended higher on Friday in a tentative sign that the worst of the selling may be over. Volume was much lighter than on any other day of the week and intraday swings were far less violent than in...
  • NASDAQ, DOW tumble after S&P downgrade of US August 8, 2011

    New York: US stocks are tumbling amid a rout in global markets after Standard & Poor's downgraded the US credit rating for the first time. It cut the long-term debt rating for the US by one notch late Friday. The downgrade wasn't unexpected, but it comes when investors are already...
  • Wall Street closes worst week since 2008 August 6, 2011

    New York: Stocks closed out their worst week in more than two years on Friday in a volatile session that saw the major indexes whip back and forth before the S&P 500 ended down less than a point. More than 15.9 billion shares or more than twice the daily average volume...
  • In reminder of '90s, LinkedIn has big first day May 20, 2011

    San Francisco: There was an unmistakable echo of the dot-com boom Thursday on Wall Street. LinkedIn, a trailblazer in the online networking craze, went public with a roaring stock offering. Within minutes, shares were trading at twice the value set by the company. Buyers crowded the floor of the New York Stock...
  • Boeing CEO total 2010 compensation $ 19.7 mn March 19, 2011

    Chicago: Boeing Co Chief Executive James McNerney's compensation was valued at $19.7 million in 2010, up 1.5 per cent from the previous year, as Boeing saw a rebound in commercial airplane orders, Boeing said in its proxy filing on Friday. The figure includes McNerney's salary, bonuses, stock and options award and...
  • Playboy Inc may sell itself to Iconix group November 14, 2009

    New York: Playboy Enterprises Inc is in preliminary talks to sell itself to Iconix Brand Group, people familiar with the matter said. At this point, the goal of Iconix, which owns and licenses clothing brands such as Candies, Joe Boxer, and Rocawear, is to bring in a publishing partner to buy...
  • US economy grows for the first time in a year October 30, 2009

    Washington: The US economy grew in the third quarter for the first time in a year, beating market expectations, as consumer spending and new home-building rebounded, signaling the end of the worst recession in 70 years. The US Commerce Department, in its first estimate of third-quarter gross domestic product on...
  • Dell to buy Perot Systems for $3.9 bn in cash September 22, 2009

    New York/San Francisco: Dell Inc plans to buy Perot Systems Corp for about $3.9 billion, paying a steep 67.5 per cent premium to expand its technology services business and compete with Hewlett-Packard Co and IBM. Perot Systems, a computer services provider founded in 1988 by former US presidential candidate Ross...