NYSE Market News

Net income of gold producer Nordgold (LSE:NORD) surged 68 percent,  boosted by higher production despite lower realised gold prices as well as strict cost control, the mining firm said today. In a statement, Nordgold said its net income rose from US$14.6 million a year ago to US$24.6 million in what its Chief Executive Officer, Nikolai […]

BOND ISSUE SETS €2.5 BILLION WORLD RECORD Euronext, the wholly-owned subsidiary of IntercontinentalExchange (NYSE:ICE) today announces the successful issue of GDF SUEZ’s €2.5 billion Green Bond on Monday, 12 May 2014. The issue represents nearly one-quarter of all corporate green bonds issued worldwide in 2013. The bond has two tranches: a 6-year tranche of €1,200 […]

The notes will be guaranteed by Lepercq Corporate Income Fund Lexington Realty Trust (NYSE:LXP), a real estate investment trust focused on single-tenant real estate investments, today announced that it has priced an underwritten public offering of $250 million aggregate principal amount of 4.40% senior unsecured notes due June 15, 2024 at a price equal to […]

As we predicted on 18 March, Alibaba, the mainland China mega e-commerce company, has filed its initial paperwork for an IPO in New York. Although it is not clear on which exchange the shares will trade, insights and expectations, both positive and negative, are running high. Positive Insights and Expectations The primary focus of positive […]

NYSE Regulation has “determined that the company is no longer suitable for listin” The New York Stock Exchange announced today that the staff of NYSE Regulation, Inc. has determined to commence proceedings to delist the American Depositary Shares (Each representing six Common Shares, no par value) of Desarrolladora Homex, S.A.B. de C.V. (NYSE:HXM) from the […]

Get ’em quick Quicksilver Resources Inc. (NYSE:KWK) today announced the commencement of an exchange offer for its outstanding 11.000% Senior Notes due 2021. Quicksilver originally issued an aggregate principal amount of $325 million of the old notes, which form a single series, in a private offering on June 21, 2013. In connection with the sale […]

My day did not end well yesterday. In my ADVFN story, “How Will Weak US Economy Affect Us?” I warned of gloom and doom on the world economic scene as a result of a weak US first quarter.  I pointed to the Dow Jones, the S&P, and the Nasdaq all opening down following the release […]

CAC 40 INDEX FUTURES AND AEX-INDEX FUTURES Euronext, a wholly owned subsidiary of IntercontinentalExchange Group (NYSE:ICE), today announced that it will be the world’s first regulated market to launch a complete centrally cleared solution to facilitate the trading of Exchange for Physicals (EFP) on index futures. The service will be available in a first instance […]

There are not many happy headlines this morning in the US after markets opened sharply lower on reports that “The U.S. economy slowed in the first quarter to one of the weakest paces of the five-year recovery .” Against an expectation of a 1.1% increase in GDP, the US gained a mere 0.1%. Combine that with […]

Corporate Bonds to be delisted The New York Stock Exchange announced today that the staff of NYSE Regulation, Inc. has determined to commence proceedings to delist the corporate bonds of Energy Future Holdings Corp. and certain of its subsidiaries from the NYSE as noted below: – Symbol Corporate Bond – TXU 19 Energy Future Holdings […]