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Exchange operator Nasdaq OMX said on Wednesday it will launch a third trading venue that caters to listings that fall below the standards of its main Nasdaq Stock Market and other markets.

Direct Edge's applications to operate two stock exchanges appeared for public comment on the U.S. Securities and Exchange Commission's web site on Monday, bringing the privately held alternative venue a step closer to becoming a formal exchange operator.

The U.S. Securities and Exchange Commission is including options exchanges in its review of controversial flash orders, which give traders an advance look at trading orders, the regulator said on Wednesday.

The Nasdaq Stock Market and BATS Exchange said in separate statements on Thursday they will voluntarily stop offering so-called flash orders, a controversial service that gives certain firms an advance look at market-bound trading orders.

Shares of Netflix Inc (NFLX) rose on Thursday after the company's board of directors announced it was authorizing a $300 million program to repurchase the company's stock.

Starbucks Corp. shares were among the biggest gainers of the day, as the stock jumped more than 18 percent on Wednesday, a day after reporting a profit for the third fiscal quarter and a despite lower revenues.

Disgraced financier Bernard Madoff was sentenced to 150 years in prison Monday for perpetrating Wall Street's biggest and most brazen investment fraud, the maximum punishment allowed for what the judge called extraordinarily evil crimes.Cheers and applause came from the courtroom -- filled with his fleeced investors -- as the judge handed down the penalty, apparently unconvinced that Madoff h...

Bernard Madoff, who became a symbol of greed in the financial crisis for masterminding Wall Street's biggest investment fraud, faces the rest of his life in prison in one of the stiffest punishments for white-collar crime when he is sentenced on Monday.

Decisions over restitution for the thousands of investors defrauded by Bernard Madoff have been deferred for three months, the U.S. judge who will sentence the confessed swindler on June 29 ruled on Wednesday.

U.S. stocks were nearly flat on Tuesday while the dollar slipped against its two top rivals, while crude oil futures and Treasuries rose.

Two weeks before the sentencing of Bernard Madoff for his $65 billion swindle, the judge who will decide his fate has received more than 100 angry letters from defrauded investors suggesting his punishment.

Software service provider Novell Inc (Nasdaq: NOVL) on Thursday evening reported higher-than-expected profit for its fiscal second quarter which ended April 30 despite an 8.5 percent fall in revenues reflecting a huge drop in software licenses and services revenue.

World Energy Solutions Inc, an operator of online exchanges for energy and environmental commodities, hopes to conduct auctions should a U.S. cap and trade market in greenhouse gases develop, its chief executive said in an interview.

Google Inc. on Thursday reported first quarter net income of $1.42 billion, or $4.49 a share, up from $1.3 billion or $4.12 a share in the same period last year.

U.S. securities regulators were considering proposed curbs on short selling at a meeting on Wednesday, weighing steps that could restrict a type of investing blamed by some lawmakers and executives for worsening the financial crisis and driving down share prices.

U.S. securities regulators were considering proposed curbs on short selling at a meeting on Wednesday, weighing steps that could restrict a type of investing blamed by some lawmakers and executives for worsening the financial crisis and driving down share prices.

U.S. securities regulators will consider about 4 proposals to restrict short selling, a type of investing blamed for accelerating the severe downturn in financial services stocks.

The top three U.S. exchanges want regulators to adopt a modified uptick rule and a circuit breaker to curb abusive short selling, a trading strategy that profits from declining stocks.

Bernard Madoff pleaded guilty on Thursday to orchestrating the biggest investment fraud in Wall Street history and was jailed to await a sentence that could keep him in prison for the rest of his life.

Bernard Madoff pleaded guilty on Thursday to charges he orchestrated the biggest financial swindle in Wall Street history and was ordered to jail to await a sentence that could last the rest of his life.

Bernard Madoff pleaded guilty on Thursday to charges he orchestrated the biggest financial swindle in Wall Street history, cheating investors out of billions of dollars in a fraud that has drawn public scorn and demands for stricter regulations.

Bernard Madoff, accused of running the biggest fraud in Wall Street history, is expected to plead guilty on Thursday in what is shaping up to be a courtroom drama featuring denunciations by investors and a renewed push by prosecutors to jail him immediately.

Bernard Madoff, accused of running the biggest fraud in Wall Street history, is expected to plead guilty on Thursday in what is shaping up to be a courtroom drama featuring denunciations by investors and a renewed push by prosecutors to jail him immediately.

Bernard Madoff, accused of running the biggest fraud in Wall Street history, is expected to plead guilty on Thursday in what is shaping up to be a courtroom drama featuring denunciations by investors and a renewed push by prosecutors to jail him immediately.

Bernard Madoff, accused of an unprecedented $50 billion financial swindle, was charged on Tuesday with 11 criminal counts that could put him in prison for the rest of his life.

Bernard Madoff, expected to plead guilty this week to charges of running Wall Street's biggest fraud, will appear in court on Tuesday for a judge to assess a potential conflict of interest for his lead attorney.

Top former Merrill Lynch executives, including two former CEOs, invested in hedge funds that lost money with alleged fraudster Bernard Madoff, becoming the highest-level Wall Street victims of the scandal to date, the Wall Street Journal reported on Thursday.

Top former Merrill Lynch executives, including two former CEOs, invested in hedge funds that lost money with alleged fraudster Bernard Madoff, becoming the highest-level Wall Street victims of the scandal to date, the Wall Street Journal reported on Thursday.

AT&T unveiled subscription prices for Apple's second generation phone on Tuesday, while analysts became bullish on the iPhone's future prospects, sending the computer maker nearly five percent higher in active trading.