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NYX News

NYSE Wants to Delay Late-Afternoon News to Avoid Confusion, Market Disruption

The exchange says news released too close to the closing bell undermines crucial auctions.

Alibaba All Set for Takeoff, Picks NYSE, Ticker BABA for IPO

As Alibaba moves forward with an initial public offering, the company said on Thursday it will list its shares on the New York Stock Exchange under ticker BABA.

Blackstone Decides to Extend Stay After La Quinta IPO

La Quinta priced its IPO below the planned range but the stock recovered after its initial trading, after PE firm Blackstone held on to its shares of La Quinta, showing support.

Don't Expect High Frequency Trading to End Anytime Soon

Steve Cohen of Wall Street Trading equates HFT to paying for premium seats at a Broadway show, but he does wish there was equal access to the prices traders pay for stocks

High Frequency Trading Book Dampens Mood for Stocks

The busy IPO calendar has helped the mood for stocks, even as the high frequency trading cloud continues to darken the skies. GrubHub is up about 40% on its first day of trading.

Breaking News

The Good Times Are Over for Startups

Sequoia Capital and Y Combinator have told startups that cutting costs is a priority.

Elon Musk Throws Dogecoin a Lifeline

Elon Musk will soon allow Dogecoin to purchase SpaceX merchandise.

Disney Fans Angry, Excited About New Guardians of the Galaxy Ride

The theme park company has opened Guardians of the Galaxy: Cosmic Rewind and not everyone is happy despite the ride getting wonderful reviews.

Aurora Cannabis Slashing Weed Capacity in Profitability Push

Aurora is slashing its production capacity as it builds a runway toward positive Ebitda a year from now.