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Facebook Shares Gain From Record Lows

Shares of Facebook (Nasdaq: FB), the No. 1 social networking site, rose about 1.3 from their record low Tuesday close on indications Nasdaq may detail a deal to compensate small investors.
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Nasdaq To Change IPO Procedures Following Facebook Glitches

Nasdaq OMX Group Inc. (Nasdaq: NDAQ) will change its initial public offering trading procedures as a result of glitches and delays which occurred during Friday's Facebook (Nasdaq: FB) IPO, mistakes for which the exchange operator hopes to pay $13 million to burned investors, sources reported Monday.
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Web Sites of Nasdaq, BATS Hit in Cyber Attack

Websites of exchange operators Nasdaq and BATS have been attacked by hackers over the last 24 hours, causing ongoing disruptions for those trying to use the sites, spokespersons for the companies said on Tuesday.
Detail seen at the NYSE Euronext cash markets operations room in Paris

NYSE Euronext Eyes New Sectors for Growth

NYSE Euronext signaled it would shift focus to faster-growing areas like supplying computer systems and information from trading, as the U.S. exchange looks to an independent future following the collapse of a takeover by Deutsche Boerse.
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Technology services boost NYSE Euronext profit

NYSE Euronext posted quarterly operating profit at the top end of expectations with a 13 percent rise helped by strong information and technology services, an area the U.S. group is now looking to as a growth driver.

Symantec: Parts of Antivirus Source Code Exposed

Symantec Corp, the top maker of security software, said hackers had exposed a chunk of its source code, which is essentially the blueprint for its products, potentially giving rivals some insight into the company's technology.
McAfee corporate homepage

McAfee cuts 3 percent of workforce

Security software maker McAfee laid off about 250 workers, equivalent to 3 percent of its workforce, in a bid to focus on core businesses and improve efficiency in a market led by rival Symantec.
The headquarters of Netflix is shown in Los Gatos, California

Netflix Estimates Revised at Jefferies

Jefferies revised its estimates for Netflix Inc. (NASDAQ: NFLX) due to revised guidance and capital raise. The brokerage lowered its price target on shares of Netflix to $75 from $90, while maintaining its hold rating.
A pedestrian walks past the NASDAQ building in New York City

Lax Security at Nasdaq Helped Hackers

A federal investigation into last year's cyber attack on Nasdaq OMX Group found surprisingly lax security practices that made the exchange operator an easy target for hackers, people with knowledge of the probe said. The sources did not want to be identified because the matter is classified.
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ValueClick Moving up the Value Chain

Jefferies said its recent meeting with the management of ValueClick Inc. (NASDAQ: VCLK) gave more confidence that the company is moving up the value chain.
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Cardiome Pharma Downgraded at Wedbush Securities

Wedbush Securities downgraded its rating on shares of Cardiome Pharma Corp. (NASDAQ: CRME) to “neutral” from “outperform” as the trial of oral vernakalant continues to delay. The brokerage also lowered its fair value estimate to $4 from $8.50.
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Echelon Downgraded at Wedbush Securities

Wedbush Securities downgraded its rating on shares of Echelon Corp. (NASDAQ: ELON) to neutral from outperform and lowered its price target to $7 from $16, as Duke contract loss lowering visibility.
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Stock Futures up as Investors Eye Earnings, EU Summit

Stock index futures rose on Wednesday after the S&P fell 2 percent in the previous session as optimism about corporate earnings offset concerns about an upcoming meeting of European leaders to tackle the region's debt crisis.
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Stock Futures Rise Ahead of European Summit

Stock index futures rose on Wednesday after the S&P fell 2 percent in the previous session as optimism about corporate earnings offset concerns about the results of a meeting of European leaders to tackle the region's debt crisis.

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