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.
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.