80.63 0.00 (0.00%)
After hours: 4:33PM EDT
|Bid||79.50 x 800|
|Ask||81.31 x 800|
|Day's Range||79.31 - 81.36|
|52 Week Range||71.65 - 96.84|
|Beta (3Y Monthly)||0.54|
|PE Ratio (TTM)||17.91|
|Earnings Date||Oct 24, 2018|
|Forward Dividend & Yield||1.76 (2.20%)|
|1y Target Est||96.71|
“The members of course are extremely upset,” Adena Friedman, Nasdaq’s chief executive officer, said Wednesday at the annual Futures Industry Association conference in Chicago. Friedman shared the stage with other exchange leaders and panel moderator Jerome Kemp, Citigroup Inc.’s global head of futures, clearing and collateral, who’s also chairman of the industry’s lobbying and advocacy group. Citigroup and other bank and broker members of the Nordic market were left on the hook to repay the $125 million -- the largest clearinghouse loss in recent memory -- after Norwegian power trader Einar Aas wrongly bet that the spread between Nordic and German power would narrow.
The decision by the Securities and Exchange Commission to set aside some charges that NYSE and Nasdaq impose on brokers for market data follows a years-long legal battle that has pitted the exchanges against Wall Street’s biggest trade group, the Securities Industry and Financial Markets Association. The fees that the SEC rejected include details like the best available bids and offers for stock trades.
In recent years, U.S. stock exchanges thought they had a guaranteed profit machine that could revive their sagging businesses: selling market data at ever-higher prices to a captive audience of Wall Street banks and traders. On Tuesday, the Securities and Exchange Commission unanimously ruled against the New York Stock Exchange and Nasdaq Inc. in a 12-year legal dispute over market-data fees. The five-member commission shot down a pair of requests to raise fees for certain NYSE and Nasdaq data, saying the exchanges hadn’t justified the price increases.
The Wall Street Journal reported Tuesday the Securities and Exchange Commission ruled on Tuesday that the country's largest stock exchanges didn't sufficiently justify increases in fees they charge for certain market-data products that brokers and traders consider to be essential to their business, according to a source. The SEC, in an order released late Tuesday, overturned prior fee increase approvals granted to the New York Stock Exchange and Nasdaq for specially designed data feeds they sell. Those data feeds reveal far more detail about market activity than the ticker tape that investors see on financial-news stations. The SEC's action now casts doubt on the ability of the big U.S. stock exchanges to extract additional profits from the rest of the financial industry by selling information on stock orders at ever-higher rates. The SEC's action comes in response to a long-running lawsuit that pitted Wall Street's largest brokerages against the exchanges selling market data.
Fewer companies are choosing to have publicly traded shares, instead tapping into the plentiful private capital available to startups. Uber Technologies Inc. has for years put off an initial public offering, so the ride-hailing company will be worth vastly more -- possibly $120 billion, according to a Wall Street Journal report on Tuesday -- when it finally does sell shares. Staying private has blocked average investors from stashing money in these corporations, missing out on their huge growth, Nasdaq Chief Executive Officer Adena Friedman said Tuesday at Bloomberg’s “Sooner Than You Think” event in Brooklyn.
NEW YORK, Oct. 15, 2018 -- In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors,.
Nasdaq (NDAQ) today announced the launch of futures based on the recently launched OMXS30 ESG Responsible index (OMXS30ESG). The product is the first exchange listed and ESG compliant index future in the world. “In recent years we have seen institutions increase efforts to integrate sustainability into their investment strategies, with the Nordic region being in the forefront of this trend,” says Alessandro Romani, Head of European Equity Derivatives at Nasdaq.
Allogene Therapeutics, Inc. (ALLO), a clinical-stage biotechnology company pioneering the development of allogeneic CAR T (AlloCAR T™) therapies for cancer, rang the opening bell at the Nasdaq MarketSite in Times Square today in celebration of its initial public offering (IPO) on The Nasdaq Stock Market. Allogene, with headquarters in South San Francisco, is led by a world-class management team with significant experience in cell therapy. Allogene is developing a pipeline of “off-the-shelf” CAR T cell therapy candidates with the goal of delivering readily available cell therapy faster, more reliably, at greater scale, and to more patients.
Pepper Food Service Co., Ltd. (KPFS), an international restaurant operator, visited the Nasdaq MarketSite in Times Square yesterday in celebration of its expansion into the U.S. food services market. Founded in 1985 in Tokyo, Pepper Food Service Co., Ltd. is a Japan-based company that engages several main business units and produces a vast collection of products and unique services. The Pepper Lunch segment operates restaurants and franchises that offer high-quality steaks and other cooked meat dishes at affordable prices. Pepper’s other restaurant divisions include Chargrilled Steak Kuni, a cut-to-order steak restaurant, Kodawari Tonkatsu Katsukitei, a pork cutlet restaurant, and Gyutan Natori, which is a beef tongue restaurant.
NEW YORK, Oct. 09, 2018 -- At the end of the settlement date of September 28, 2018, short interest in 2,374 Nasdaq Global MarketSM securities totaled 7,693,478,869 shares.
Nasdaq's (NDAQ) focus on growth via trading business and ramping up of non-transaction revenue base poise it for long-term growth.
NEW YORK, Oct. 08, 2018 -- Nasdaq (Nasdaq: NDAQ) today reported monthly volumes for September 2018, as well as quarterly volumes, number of listings and estimated revenue.
It certainly is tempting to dive into trading CME Group (NASDAQ:CME) stock now. CME stock is overvalued and overbought at the worst possible time. Specifically, its sales and earnings growth are both on the cusp of slowing down.
STOCKHOLM, Sweden, Oct. 08, 2018 (GLOBE NEWSWIRE) -- Nasdaq Inc. (NDAQ) has announced that Hong Kong Exchanges and Clearing Limited (HKEX) will roll out the Nasdaq Real-Time Risk solution across all of HKEX’s cash and derivatives markets via the Nasdaq Financial Framework. “Nasdaq’s Real-Time Risk solution supports several of the world’s largest and most systemically important financial institutions to help capture and manage risk across their markets,” said Magnus Haglind, Senior Vice President, Head of Product Management, Market Technology, Nasdaq.
The US unemployment rate has fallen to its lowest level since 1969, underscoring the strength of the country’s economic growth but sending stocks and bonds lower on fears of higher interest rates. “The economy is on course for 3 per cent growth, the jobs market is red-hot and inflation pressures are on the rise,” said James Knightley at ING. “So while the Federal Reserve no longer describes monetary policy as being ‘accommodative’, it is certainly some way off from being ‘restrictive’.
Chinese hardware makers listed in Hong Kong posted sharp falls on Friday in the wake of a report claiming China implanted a tiny chip in servers compromising technology supplied to US technology giants and Washington’s intelligence services. A Bloomberg investigation published on Thursday claimed miniature chips had been inserted into US-bound servers giving the creators a “stealth doorway” into networks using the altered equipment. In Hong Kong on Friday, computer maker Lenovo fell more than 20 per cent before recovering to close down nearly 15 per cent. Telecommunications equipment maker ZTE fell as much as 14 per cent before closing down almost 11 per cent. Neither company was named in the investigation.
Guardant Health, Inc. (GH), a leading precision oncology company, visited the Nasdaq MarketSite in Times Square today in celebration of its initial public offering (IPO) on The Nasdaq Stock Market. Through the use of proprietary blood tests, vast data sets and advanced analytics, Guardant Health aims to help conquer cancer on a global scale. Guardant Health’s innovations allow it unprecedented access to molecular information about cancer throughout all stages of the disease.
Risk levels in Nasdaq's Nordic commodities market had more than doubled in the six months prior to a top trader's default in November, the result of a rapid accumulation of bets amid soaring electricity prices, the exchange told Reuters. Nasdaq conducts daily stress tests calculating market risk, adjusting every quarter a member-funded buffer to shield the market from breaking down in case of defaults like the one that caused a 114 million euro ($132 million) loss in September. Had the level stayed unchanged, Einar Aas, the trader who defaulted, would have hit the market with a loss the buffers couldn't match, triggering a deeper crisis.
We are pleased to announce the winners of the FT European Innovative Lawyer Awards 2018, held at the Natural History Museum in London, in association with research partner RSG Consulting. Explore the full ...
JP Morgan, patriarch of the banking dynasty, told Congress in the 1912 hearings that led to the foundation of the US Federal Reserve, that the first thing in credit was “character, before money or anything else. From angry lynch mobs on social media to the fracturing of the western world’s political establishment, this is an accepted fact of life, and it is not merely true of politics.
Upwork Inc. (UPWK), the largest global freelancing platform where businesses and independent professionals connect and collaborate remotely, visited the Nasdaq MarketSite in Times Square today in celebration of its initial public offering (IPO) on The Nasdaq Stock Market. Upwork operates the largest online global marketplace for freelancers by gross services volume (GSV). Its platform reduces inefficiencies associated with searching for, contracting and collaborating with, and paying highly-skilled freelancers for short-term and long-term projects.
Investing.com - The back-and-forth action between chipmakers Intel (NASDAQ:INTC) and Advanced Micro Devices (NASDAQ:AMD) continued with bulls backing Intel, at least for today.
SAN FRANCISCO and NEW YORK, Oct. 2, 2018 /PRNewswire/ -- Today, Bessemer Venture Partners and Nasdaq, Inc. announced the launch of the BVP Nasdaq Emerging Cloud Index, an industry index designed to track the performance of public companies providing cloud software and services. The index is currently comprised of 46 publicly traded cloud companies that derive the majority of their sales from cloud computing products and services and have annual growth in excess of 15% for each of the last two fiscal years.