It’s the first time since 1888 that the NYSE has remained closed for two consecutive days
NYSE, Nasdaq to be closed Monday, possibly Tuesday
Only 92 firms were profitable in Q2, compared to 116 in Q1
Profits for its member firms that deal with the public were down in the third quarter compared with the previous year, The New York Stock Exchange said Tuesday.NYSE firms reported a collective third quarter after-tax profit of US$4.7 billion on revenues of US$41.0 billion. This is down from an US$8.7 billion after-tax gain on revenues […]
Goal is to achieve a better and more efficient governance and proxy process
Revenues little changed from a year ago
New York Stock Exchange firms returned to profitability in the first quarter, the NYSE reported Tuesday.NYSE firms that conduct business with the public (a group that excludes designated market makers) reported a first quarter after-tax profit of US$5.35 billion on revenues of US$39.1 billion. Revenues are predominantly derived from investment banking, trading, commissions, and interest. […]
Brokerage firms on the New York Stock Exchange lost just over US$7 billion in the fourth quarter of 2008, and while that was an improvement from a year ago, full year profits were down substantially.The NYSE reported that member firms that conduct business with the public recorded a fourth-quarter 2008 after-tax loss of US$7.25 billion, […]
Joint venture to re-aggregate block trading liquidity
The New York Stock Exchange will temporarily lower the minimum listing standard market capitalization from US$25 million to US$15 million, the exchange said Friday.The exchange said that as equities markets have experienced extreme volatility and an overall decline in trading prices, the number of companies failing to maintain an average global market cap of US$25 […]