|Bid||87.99 x 800|
|Ask||88.03 x 900|
|Day's Range||87.43 - 88.19|
|52 Week Range||75.49 - 96.84|
|Beta (3Y Monthly)||0.76|
|PE Ratio (TTM)||32.21|
|Earnings Date||Apr 23, 2019 - Apr 29, 2019|
|Forward Dividend & Yield||1.76 (2.02%)|
|1y Target Est||93.93|
In an unprecedented legal confrontation, the three biggest U.S. stock-exchange groups are taking on their own regulator to block an initiative that seeks to limit the fees they can charge for trading. Nasdaq Inc. and Cboe Global Markets Inc. on Friday sued the Securities and Exchange Commission in a federal appeals court to stop the regulator from carrying out the program, a day after the New York Stock Exchange filed a similar challenge. At stake is the Transaction Fee Pilot, which the SEC unanimously approved in December.
The three largest U.S. stock exchange operators said they will sue the Securities and Exchange Commission for overstepping its authority by ordering a pilot program to test banning lucrative payments exchanges make to brokers for resting stock orders. "We disagree with the government overreach, and this really represents an unprecedented attempt by the SEC to distort the free market mechanisms that govern the competition among trading venues," Michael Blaugrund, head of transactions at NYSE, told reporters in New York on Friday. Intercontinental Exchange Inc's NYSE, Nasdaq Inc, and Cboe Global Markets, which together operate 13 of the 14 U.S. stock exchanges, each filed separate notices that they intend to sue the SEC.
President Donald Trump’s declaration of national emergency on Friday failed to dampen investors’ mood, with an averted government shutdown and trade talk optimism keeping US stocks afloat in early afternoon trading. The S&P 500 was 0.9 per cent higher and headed for its fifth gain in six sessions. The Dow Jones Industrial Average was up 0.9 per cent, but had been as much as 1.4 per cent higher, while the Nasdaq Composite added 0.5 per cent.
CME Group (CME) Q4 reflects increased volatility and higher customer demand for diverse risk management products driving strong trading volumes.
A loophole in Nasdaq Inc.’s rules is under scrutiny after a roller-coaster ride in the stock of one small company highlighted how firms can go public without ample shares to trade. Phunware Inc., a software company planning to launch its own cryptocurrency, surged about 3,750% over six trading days to hit an intraday high of $550 a share on Jan. 10. Nasdaq’s rules require companies listed on the exchange to have at least one million publicly held shares.
NEW YORK, Feb. 13, 2019 -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors,.
EPEX SPOT, part of European energy bourse EEX, has received a licence to operate an intraday market in Norway, the country's regulator said on Wednesday. The regulator NVE said the permit would end a long-standing regional monopoly for Nordic power exchange Nord Pool and increase competition between trading platforms for spot electricity trading. "NVE has announced a decision on a licence for the organisation and operation of the marketplace for the intraday market for EPEX SPOT," the regulator said in a statement.
News that US lawmakers have reached a tentative deal to avert another damaging government shutdown sent stocks zipping higher on Tuesday. Wall Street followed European stocks higher, with the S&P 500 climbing 0.9 per cent while the Dow Jones Industrial Average and the Nasdaq Composite both advanced 1 per cent. The gains come after Democrats and Republicans said late on Monday night that they have struck a deal in principle that would keep the government open and avoid a shutdown on Friday.
NEW YORK, Feb. 11, 2019 -- At the end of the settlement date of January 31, 2019, short interest in 2,356 Nasdaq Global MarketSM securities totaled 7,606,776,760 shares.
Combination of SAI Global's industry leading risk and compliance solutions and BWise's award-winning enterprise risk management, internal audit and regulatory compliance management platform advances SAI ...
Nasdaq, Inc. (NDAQ) announced today that it has entered into an agreement to sell BWise® to SAI Global Pty Limited (“SAI Global”), a recognized leader of integrated risk management solutions. BWise is an enterprise governance, risk and compliance (GRC) software platform established in 1994 and acquired by Nasdaq in 2012. Its enterprise GRC software platform and Risk Intelligence services and solutions help companies drive process efficiencies, enhance accountability, and reduce costs, resulting in improved decision making within an organization’s Enterprise Risk Management program.
PARIS/OSLO (Reuters) - Euronext raised its bid for Oslo Bors on Monday to around 6.79 billion Norwegian crowns (£606.07 million), upping the stakes in a battle with Nasdaq for the Norwegian stock exchange operator. By raising its offer to 158 Norwegian crowns per Oslo Bors share, hours before its opening gambit of 145 crowns was due to expire, Euronext outbid Nasdaq's 152 crowns a share. Paris-based Euronext revealed its first offer in late December with the backing of slightly more than half of Oslo Bors shareholders, but did not win over the exchange's board, which then convinced Nasdaq to make a higher bid.
OSLO (Reuters) - Norwegian bank DNB still plans to sell its 20-percent stake in stock market operator Oslo Bors VPS to Nasdaq, despite a higher bid by Euronext, the bank said on Monday. "We've committed ...
The Franco-Dutch exchange operator is now willing to pay 158 Norwegian kroner a share, which is about 4 percent more than Nasdaq bid last month. The development drew assurances from Nasdaq, which said on Monday it remains committed to moving ahead with a deal after already winning the backing of the Oslo Bors board.
OSLO (Reuters) - Oslo Bors VPS remains convinced that Nasdaq would be the best owner of the Norwegian stock market operator, despite Euronext's higher bid, Oslo Bors Chief Executive Bente Landsnes told ...
OSLO (Reuters) - Some 38 percent of shareholders of Oslo Bors VPS have extended their support for Euronext's offer for the Norwegian stock exchange operator, Euronext CEO Stephane Boujnah said on Monday. ...
Being sly has given Euronext NV an apparent lead over Nasdaq Inc. in the battle for control of Norway’s main stock exchange. Euronext went behind Oslo Bors VPS Holding ASA’s back and agreed an offer directly with a group of shareholders back in December. By Dec. 22, Euronext had secured sale commitments from holders of 45 percent of OBVH’s stock and told the company. The day after, it informed the Norwegian authorities.
Alector, Inc. (ALEC), a clinical stage biotechnology company, rang the Nasdaq MarketSite bell in Times Square today in celebration of its initial public offering (IPO) on The Nasdaq Stock Market. Alector is pioneering immuno-neurology, a novel therapeutic approach to counteract the multiple pathologies that cause degenerative brain disorders by restoring healthy immune function to the brain. Supporting its scientific approach, the Company’s Discovery Platform enables them to advance a broad portfolio of product candidates, validated by human genetics, which they believe will improve the probability of technical success of these product candidates and shorten the development timelines to bring these therapies to patients.
Intercontinental Exchange's (ICE) Q4 benefits from solid revenues and a strong performance across listings and data services as well as trading and clearing business lines.
The EC on Thursday predicted growth of just 1.3 per cent this year, down from its earlier projection of 1.9 per cent. Meanwhile, the Bank of England also shelved plans for multiple interest rate rises and downgraded its economic outlook amid mounting Brexit uncertainty. A major tie-up between US banks proved to be a major corporate highlight this morning.
Australian stocks climbed to a four-month high on Wednesday as iron ore miners gained after Brazil’s Vale declared force majeure following a deadly disaster, while much of Asia was closed for the lunar new year break. In equities, the S&P/ASX 200 was up 0.5 per cent at its highest since October as basic materials gained 1.4 per cent. Commonwealth Bank of Australia slipped 1.7 per cent after its cash profit for the six months to the end of December was less than expected. Australian iron ore miners continued to gain after Brazil’s Vale declared force majeure on a some iron ore contracts as a result of the suspension of its Brucutú mine.