Stock Markets - Page 36

Reuters - Nasdaq Chief Executive Bob Greifeld is on a flight to New York from Switzerland, making it almost certain the London Stock Exchange will not get a raised bid from its U.S. suitor, a source familiar with the matter said on Friday.

AP - Stocks suffered their biggest pullback in two months Thursday, with the Dow Jones industrials logging a triple-digit decline as a lackluster home sales report and a disappointing bond auction halted the market's two-day rally.

AP - The London Stock Exchange on Monday spurned a fresh takeover bid from The Nasdaq Stock Market Inc., saying it "substantially undervalued" the London Market. More Info...  

AP - Wall Street bounded higher Wednesday, lifting the Nasdaq composite index well over 1 percent after profit reports from Yahoo Inc. and Sun Microsystems Inc. restored investors' confidence in the tech sector. The Dow Jones industrials logged fresh trading and closing highs.

Reuters - The Tokyo and New York stock exchanges are in the final stages of alliance talks and may come to an agreement as soon as the end of the month, The Wall Street Journal reported on Wednesday, citing the head of the Tokyo exchange. More Info...  

AP - Wall Street rebounded Tuesday, rising moderately as crude oil surged more than $2 a barrel and triggered a rally among energy producers. Investors regained their optimism about corporate profits after a series of positive earnings reports.

Reuters - U.S. stock market group Nasdaq criticised the London Stock Exchange (LSE) on Tuesday for refusing to discuss the prospect of an agreed takeover deal, and said its hostile bid for the British company was fair.

AP - Wall Street stumbled lower Monday as growing concerns over technology companies led jittery investors to pull money out of the market ahead of this week's earnings reports.

AP - Stocks that were moving substantially or trading heavily Monday on the New York Stock Exchange and Nasdaq Stock Market: More Info...  

AP - Wall Street faces another busy week with a passel of major earnings reports, and investors will also be watching for any surprises that might unfold in Tuesday's State of the Union address.

AP - Members of NASD have approved bylaw changes needed to combine regulatory functions with NYSE Group Inc. and form one organization to oversee U.S. securities brokers and dealers, NASD said Sunday. More Info...  

AP - Stocks closed narrowly mixed Friday after profit reports and forecasts from blue chip names like International Business Machines Corp. and General Electric Co. failed to impress Wall Street and sent investors searching for other catalysts to drive the markets higher.

Reuters - Two former New York Stock Exchange traders were each sentenced to six months in prison on Friday for securities fraud related to improper stock trades. More Info...  

Reuters - Goldman Sachs Group and Lehman Brothers Holdings Inc. plan to shut down their direct access floor broker businesses and fire traders at the New York Stock Exchange next month, as more trading activity moves to electronic networks, the banks said on Friday. More Info...  

Reuters - The London Stock Exchange said it would return as much as 250 million pounds ($492 million) to investors as it seeks to persuade them to reject a hostile bid from U.S. rival Nasdaq Stock Markets .

AP - Wall Street finished mixed Wednesday after the Federal Reserve reported slow but steady regional economic growth, deflating hopes for an interest rate cut that were already dampened by a larger-than-expected producer price index.

Reuters - The Nasdaq finished lower on Wednesday as investors sold U.S. technology shares after disappointing financial results from bellwether Intel Corp. and a brokerage downgrade of Cisco Systems Inc. More Info...  

AP - Wall Street ended an erratic session mixed Tuesday with the Dow Jones industrials reaching a third straight record close despite concerns about corporate profits and the impact of falling oil prices.

AP - World stock markets closed higher Monday, with European indexes buoyed by merger and acquisition activity, while U.S. markets were closed for Martin Luther King Jr. Day holiday. More Info...  

AP - Wall Street's fixation on economic data turns into a craving for profit news and forecasts this week as a slew of corporate earnings reports arrive.