NYSE Market News

Luxoft Holding, Inc, a leading Central and Eastern European IT service provider with clients across the globe, opened for trading today on the New York Stock Exchange (NYSE) under the ticker symbol “LXFT” after an initial public offering of its common stock. J. Streicher & Co., LLC is the Designated Market Maker for Luxoft’s stock. […]

Global EcoPower lists on NYSE Alternext. NYSE Euronext has today announced the listing on NYSE Alternext in Paris of Global EcoPower, a turnkey constructor of power plants using renewable energy sources. Based in Aix-en-Provence, Global EcoPower is managed by two specialists in wind power and finance, CEO Jean-Marie Santander and EVP Philippe Perret, who have […]

NYSE to Commence Proceedings to Delist the Common Stock of Verso Paper Corp. The New York Stock Exchange have announced that the staff of NYSE Regulation have determined to commence proceedings to delist the common stock of Verso Paper Corp. Verso has a right to a review of this determination by a committee of the […]

Up, up and away for new venture? Air BP, the aviation fuel services division of BP, has signed an agreement with Grupa Lotos to form a new joint venture to manage the supply, logistics and marketing of aviation fuel in Poland. The new joint venture, Lotos – Air BP Polska, will be formed by Air […]

Diversified mining giant Rio Tinto plc (LSE:RIO) will keep its diamond business, the London-based firm in the midst of a divestment programme to strengthen its balance sheet hit by higher cost and falling commodity prices last year, said Monday. In a statement, Rio Tinto said it decided to retain ownership of one of the largest […]

Everyone knows that the markets drooped following Wednesday’s U.S. Federal Reserve update from Ben Bernanke.  You should also know by now that I am a big-picture kind of guy, but when one observes from the 30,000 foot level, one also misses some of the details that, on any other day, would be major headlines.  For […]

It’s almost impossible to believe how much one economy, and one man at one central bank, can affect the entire world with one short speech about his financial strategy.  But Ben Bernanke got the world to play the game of “Ring Around the Rosie” by doing just that yesterday afternoon.  “We all fall down.” As […]

When every other stock market around the globe is having a sell-off for two consecutive days now, it is cannot be denied that the colour of the day is red. Since Uncle Ben Bernanke issued his statement yesterday, virtually every major stock market in the world was mired in red, as if also bleeding upon […]

Almost six months after it was announced, the merger of commodities trading exchange IntercontinentalExchange (NYSE:ICE) and NYSE Euronext, the parent company of the New York Stock Exchange (NYSE), is nearing its completion to establish one of the largest trading markets operator in the world. Reuters News Organisation has learned from its sources that the European […]

“The world is changing” – one of the lines in one of the many Japanese anime that touches the state of global affairs and a few hours ago the world has witnessed the announcementof a landmark deal from four of the most powerful persons in the world – the President of the United States of the […]