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NYSE Market News

Intercontinental Exchange starts Liffe transation

11 Jun 2014 @ 08:30
But what is the meaning of Liffe? Intercontinental Exchange (NYSE:ICE), the global network of exchanges and clearing houses, today provided an update in relation to the transition of the Liffe futures and options contracts to the ICE futures exchanges, trading platform and clearing infrastructure. On June 9, 2014, the following Liffe U.S. interest rate futures […]
 

Merck Acquisition Benefits Patients and Investors

10 Jun 2014 @ 01:45
Pharmaceutical giant Merck (NYSE:MRK) announced today that it has agreed to acquire Idenix Pharmaceuticals (NASDAQ:IDIX) for $3.85 billion. Even compared to the now defunct attempt of Pfizer (NYSE:PFE) to acquire AstraZeneca (LSE:AZN), this could be one of the biggest acquisitions of all time in this sector, not necessarily in volume, but in impact. It appears […]
 

3D Systems commence work with Simthsonian Institution

08 Jun 2014 @ 21:09
– First of its kind international 3D heritage restoration – Partnership to yield 3D Charter Collection at National Museum of Natural History 3D Systems (NYSE:DDD) announced today that the Smithsonian Institution has installed its first major 3D printed piece for its 3D digitization program: a prehistoric whale fossil that was 3D scanned and printed. 3DS, […]
 

Euronext announces Request for Size service (RFS) for ETFs

06 Jun 2014 @ 08:05
Exchange pursues its wide range of innovative solutions for ETFs Euronext, a wholly owned subsidiary of Intercontinental Exchange (NYSE:ICE), has today announced the launch of the RFS (Request for Size) service for ETFs listed on its regulated markets as its newest initiative in a range of solutions for ETF trading. The RFS service will enable […]
 

Reasons Not to Buy Walmart Stock

05 Jun 2014 @ 03:10
Let’s get one thing straight right from the beginning. I despise Walmart (NYSE:WMT). I despise Walmart as a reluctant customer, I despise Walmart as a Chamber of Commerce president, and I despise Walmart as a former supplier. What’s more I despise Walmart as an American businessman. Sam Walton Was Not a Saint, but He Was […]
 

S&P and Dow Both Set New Highs

31 May 2014 @ 08:30
Don’t say we didn’t tell you this could happen. It may not have been a Freaky Friday on Wall Street, but it sure was fun.  Both the S&P 500 and the Dow Jones Industrial Average (DOWI:DJI) set new record highs and Sirius XM (NASDAQ:SIRI) led all stocks as the most active by a long-shot. Let’s […]
 

Will This Be Freaky Friday on Wall Street?

30 May 2014 @ 18:00
As I sit down to begin this article, Friday is only and hour and a quarter away in London. A few short hours later, it will be business as usual, then off for the weekend. I would suggest that the occasional glance be given to Wall Street during the day, and after the LSE closes. […]
 

StoneMor Partnersannounces Public Offering of Common Units

29 May 2014 @ 07:42
Stone me. StoneMor Partners L.P. (NYSE:STON) announced today a public offering, subject to market and other conditions, of 2,600,000 common units representing limited partner interests in StoneMor. In connection with the offering, StoneMor intends to grant the underwriters a 30-day option to purchase up to 390,000 additional common units to cover over-allotments, if any. StoneMor […]
 

S&P 500 Boom to Bust in 24 Hours

29 May 2014 @ 07:29
After writing yesterday about the S&P 500 reaching new heights, I was prepared to follow up today with a similar story. However, as I usually caution, what goes up must come down. Except that with the indexes it’s more like a kid blowing up a balloon. They get excited as it gets bigger and bigger, […]
 

Wal-Mart Stock Dives on Panic Selling

28 May 2014 @ 20:16
From February 2014 to the end of May 2014, Wal-Mart (NYSE:WMT) was in a bullish bias. From the beginning of this month until now, the bias has become significantly bearish. This comes as a result of some panic selling, which has made the stock skydive. Yes, the bears are pushing the price southwards and this […]
 
 
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