Internet firm Yahoo! (NASDAQ:YHOO) said its board has removed Carol Bartz as Chief Executive Officer, replacing her with Chief Financial Officer Timothy Morse on an interim basis. Jefferies said the departure of Bartz opens door for Yahoo! to strategic alternatives.
Hurricane Irene shut down the neon lights on Broadway, and substantially reduced commercial activity over the weekend -- including canceling thousands of flights, but the storm's economic damage will likely be far less than originally predicted. In particular, New Yorkers, for the most part, feel like they were spared.
The stock market is, for now at least, expected to have a normal trading session on Monday despite the arrival of Hurricane Irene in New York.
Jefferies & Co. upgraded its rating on shares of Research In Motion Ltd. (NASDAQ: RIMM) to hold from underperform and raised its price target to $25 from $22.
Warren Buffett and Howard Schultz want to change the conversation about how to fix the United States' economic woes. But their solutions - more taxes on the rich and a boycott on political donations - risk falling on deaf ears among fellow business leaders.
Starbucks Corp Chief Executive Howard Schultz is winning support for his call to withhold political contributions from U.S. lawmakers until they strike a fair, bipartisan deal on the country's debt, revenue and spending.
A former Nasdaq OMX Group Inc executive was sentenced Friday to 3-1/2 years in prison after pleading guilty for making hundreds of thousands of dollars by trading on confidential information.
NYSE Euronext and Germany's Deutsche Boerse AG will lead the ultra-competitive U.S. options trading industry once their merger is complete, data from clearinghouse OCC showed on Monday.
The operator of the Nasdaq Stock Market is "under constant attack" from would-be hackers and will spend more on security as a result, its top executive said.
The operator of the Nasdaq Stock Market is under constant attack from would-be hackers and will spend more on security as a result, its top executive said.
Nasdaq OMX Group said on Wednesday its quarterly income fell 4 percent, still beating expectations, as weaker U.S. and European volumes offset market share gains in U.S. options and stocks.
STOCKHOLM, July 14 - Swedish regulators have raided U.S.-owned bourse operator Nasdaq OMX Group in a competition probe likely to raise questions over exchanges' efforts to woo controversial high-frequency traders.
Swedish regulators have raided leading local bourse operator Nasdaq OMX Group in a competition probe sparked by a complaint from a small local rival, officials said on Thursday.
The top after-market NASDAQ Stock Market gainers are: Radiant Systems, Clean Energy Fuels, Idenix Pharmaceuticals, Micromet, and Nasdaq OMX Group. The top after-market NASDAQ Stock Market losers are: Microchip Technology, Novellus Systems, China Gerui Advanced Materials Group, KLA-Tencor, and Intersil.
The top after-market NASDAQ Stock Market gainers are: Amylin Pharmaceuticals, Alkermes, China Auto Logistic, Optimer Pharmaceuticals, and Vitacost.com. The top after-market NASDAQ Stock Market losers are: Ixia, SemiLEDs, Life Partners Holdings, Multi-Fineline Electronix, and DragonWave.
Bank of Montreal's BMO Capital Markets, fresh from a two-year hiring spree, is further staffing up its U.S. investment bank to take advantage of a surging market for merger advisory.
The cost of complying with new securities rules is making it harder for small- and mid-sized U.S. brokerages to stay profitable -- and may force more mergers in the sector.
The top pre-market NASDAQ Stock Market gainers are: GT Solar International, STEC, DryShips, ASML Holding, Sina Corp, Natural Alternatives International, Apple and Boingo Wireless. The top pre-market NASDAQ Stock Market losers are: SIGA Technologies and SunPower.
The top after-market NASDAQ Stock Market gainers are: Double Eagle Petroleum, GT Solar International, Cytori Therapeutics, A-Power Energy Generation Systems and Hercules Offshore. The top after-market NASDAQ Stock Market losers are: AngioDynamics, Identive Group, SIGA Technologies, BroadSoft and Saba Software.
The top pre-market NASDAQ Stock Market gainers are: Titan Machinery, Zoran, DryShips, XOMA, JA Solar Holdings, and Lululemon Athletica. The top pre-market NASDAQ Stock Market losers are: Vertex Pharmaceuticals,Urban Outfitters, Brocade Communications Systems, Brigham Exploration, and Aixtron.
Deutsche Boerse AG and NYSE Euronext unveiled a special dividend on Tuesday, flexing their financial muscle a month before shareholders decide whether to approve a merger that would create the world's largest exchange operator.
Deutsche Boerse AG and NYSE Euronext on Tuesday unveiled a special dividend as a way of encouraging shareholders to approve a $10.2 billion deal between the New York and Frankfurt-based companies.