Nasdaq Inc. (NDAQ) - NASDAQ
  • Sep. 26, 2012, 4:32 PM
    Facebook (FB) roundup: 1) The WSJ reports about 50 lawsuits have now been filed against Facebook, Nasdaq OMX (NDAQ), and i-banks over a certain May event. Hundreds of arbitration claims could also arrive. 2) Facebook is partnering with cloud storage leader Dropbox to allow users to share Dropbox files with Facebook Groups. 3) Baird is cutting estimates due to slowing PC ad growth, but says checks indicate demand for mobile Sponsored Stories and Offers is picking up. 4) Early results for Facebook's ad exchange appear to be solid.
    | Sep. 26, 2012, 4:32 PM | 4 Comments
  • Sep. 25, 2012, 5:31 AM
    Nasdaq (NDAQ) and Amazon Web Services (AMZN) join up to offer Wall Street firms a service that will enable them to store key regulatory data on the latter's cloud infrastructure. The partnership, which should allow clients to sharply cut costs, marks Amazon's boldest foray into the financial sector, although security concerns could stymie growth.
    | Sep. 25, 2012, 5:31 AM | 1 Comment
  • Aug. 14, 2012, 4:08 AM
    Six companies could be set for writedowns, the WSJ reckons, as they are carrying more goodwill than they are worth. Eg, Nasdaq's (NDAQ) market cap is $3.9B but it has goodwill of $5.1B following its 2008 purchase of OMX for $4.4B. The other companies include Frontier Communications (FTR) and Republic Services (RSG).
    | Aug. 14, 2012, 4:08 AM
  • Aug. 1, 2012, 12:31 PM

    Nasdaq OMX (NDAQ) - under legal threat from brokers who lost millions in the Facebook IPO - boosts its share repurchase program by $300M (8% of the float). In the last 3 1/2 years, the company has bought back nearly 22% of outstanding shares at an average price of $21.85 (current price $22.95). (PR)

    | Aug. 1, 2012, 12:31 PM
  • Jul. 31, 2012, 7:08 PM
    UBS says it lost $356M on the Facebook IPO, and plans to sue NASDAQ OMX (NDAQ). Sources claim a lack of order confirmations resulted in duplicated orders going through. However, the magnitude of UBS' loss - far greater than that of other banks - is leading to speculation other factors were at work. Banks were known to be heavy buyers of Facebook shares on IPO day, in a desperate attempt to keep shares from closing below $38.
    | Jul. 31, 2012, 7:08 PM | 4 Comments
  • Jul. 31, 2012, 2:24 AM

    UBS (UBS) will start legal proceedings against exchange operator Nasdaq OMX Group (NDAQ) after the bank's Q2 results were negatively impacted by Facebook's botched debut. UBS says it lost 349M Swiss francs ($357M) following the "gross mishandling" of Facebook's IPO. (PR .pdf)

    | Jul. 31, 2012, 2:24 AM | 1 Comment
  • Jul. 25, 2012, 9:23 AM
    Nasdaq (NDAQ) declares $0.13/share quarterly dividend, in line with previous. Forward yield 2.38%. For shareholders of record Sep 14. Payable Sep 28. Ex-div date Sep 12. Shares +3.1% premarket. (PR)
    | Jul. 25, 2012, 9:23 AM
  • Jul. 25, 2012, 7:12 AM
    NASDAQ (NDAQ): Q2 EPS of $0.64 beats by $0.03. Revenue of $413M (-0.7% Y/Y) beats by $2.97M. (PR)
    | Jul. 25, 2012, 7:12 AM
  • Jul. 25, 2012, 12:05 AM

    Notable earnings before Wednesday’s open: ALXN, AOL, ARMH, ATI, BA, BMY, CAT, CBE, COP, CP, CVE, DAL, DLR, DRH, ECA, ELN, F, GD, GLW, HCBK, HES, JBLU, LCC, LLY, LO, LVLT, MSI, MT, NDAQ, NLSN, NOC, NYB, OCR, PDS, PEP, PX, REGN, ROK, SO, SWI, TEL, TMO, TROW, UMC, USG, WLP, WYN

    | Jul. 25, 2012, 12:05 AM
  • Jul. 24, 2012, 5:30 PM

    Notable earnings before Wednesday’s open: ALXN, AOL, ARMH, ATI, BA, BMY, CAT, CBE, COP, CP, CVE, DAL, DLR, DRH, ECA, ELN, F, GD, GLW, HCBK, HES, JBLU, LCC, LLY, LO, LVLT, MSI, MT, NDAQ, NLSN, NOC, NYB, OCR, PDS, PEP, PX, REGN, ROK, SO, SWI, TEL, TMO, TROW, UMC, USG, WLP, WYN

    | Jul. 24, 2012, 5:30 PM
  • Jul. 22, 2012, 4:53 AM

    Nasdaq OMX (NDAQ) has improved its offer of compensation to brokers and market makers that lost money because of Facebook's (FB) botched trading debut to a total of $62M in cash from $40M mostly in reduced trading costs. However, the new amount is still probably far below the losses suffered, which include $35.4M for Knight Capital (KCG), and a reported $20M for Citigroup (C) and $350M for [[UBS].

    | Jul. 22, 2012, 4:53 AM | 2 Comments
  • Jul. 2, 2012, 9:13 AM

    Relations between Facebook (FB) and the NASDAQ (NDAQ) remain frosty six weeks after the former's problem-filled IPO, which led to a flurry of class-action suits. Facebook execs continue to blame the NASDAQ for the IPO's trade-execution issues, sources tell the NYT, and is still considering switching to the NYSE (NYX). A conference call in which NASDAQ CEO Robert Greifeld claimed the execution issues didn't affect Facebook's stock price don't seem to be helping.

    | Jul. 2, 2012, 9:13 AM | 2 Comments
  • Jun. 29, 2012, 4:03 AM
    The SEC may demand that Nasdaq (NDAQ) upgrade its trading systems following Facebook's botched IPO, sources say. A forced upgrade could be both embarrassing and costly for Nasdaq.
    | Jun. 29, 2012, 4:03 AM | 1 Comment
  • Jun. 15, 2012, 6:25 AM
    Facebook (FB) is set to partly blame Nasdaq (NDAQ) for the poor performance of its stock after its IPO when it files a motion, possibly today, to consolidate all the shareholder lawsuits against it, the NYT reports. Lead underwriters Morgan Stanley (MS), Goldman Sachs (GS) and JPMorgan (JPM) are likely to join the motion.
    | Jun. 15, 2012, 6:25 AM | 19 Comments
  • Jun. 13, 2012, 11:07 AM
    Kraft's transfer to Nasdaq (NDAQ -0.6%) from the NYSE "is a major sign of trust in Nasdaq's capabilities to handle trade," writes TheStreet contributor Trefis. "We expect other companies, which were doubtful about the exchange after the Facebook IPO disaster, to regain confidence."
    | Jun. 13, 2012, 11:07 AM
  • Jun. 11, 2012, 11:28 AM

    In its investigation of Facebook's IPO, the SEC is looking at whether Nasdaq (NDAQ) provided investors with enough information about its tech problems for them to make informed decisions, the WSJ reports. Some at the SEC are also wondering whether the foul-up is connected to stock exchanges becoming listed companies.

    | Jun. 11, 2012, 11:28 AM | 1 Comment
Company Description
Nasdaq, Inc. is a holding company. It delivers trading, clearing, exchange technology, regulatory, securities listing and public company services across six continents. The company's global offerings include trading and clearing house across multiple asset classes, market data products,... More
Sector: Financial
Industry: Diversified Investments
Country: United States