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Alibaba to expand board to 11 after NYSE debut: Filing

Last Updated: Saturday, July 12, 2014, 12:56

A group of 27 top executives and investors in Alibaba Group Holding Ltd, including co-founder Jack Ma, can appoint another two directors to the company`s board once it goes public, according to a U.S. regulatory filing on Friday.

Wall Street ends near flat; Dow hits record for 4th day

Last Updated: Wednesday, June 11, 2014, 10:31

US stocks finished nearly flat on Tuesday, although the Dow eked out another record closing high as utilities` shares fell while 10-year bond yields hit their highest level in a month.

Goldman Sachs to sell designated market-maker unit to IMC: Report

Last Updated: Thursday, May 22, 2014, 09:51

IMC Financial Markets has agreed to acquire Goldman Sachs Group Inc `s rights to operate as a designated market maker in more than 600 NYSE- listed stocks, the Wall Street Journal reported on Wednesday.

New York Stock Exchange to pay $4.5 million to settle SEC charges

Last Updated: Friday, May 02, 2014, 12:54

The New York Stock Exchange agreed on Thursday to pay USD 4.5 million to settle charges brought by U.S. securities regulators that the exchange flouted its own rules, marking the latest crackdown on violations of market structure rules.

Goldman Sachs considers selling NYSE unit

Last Updated: Thursday, April 03, 2014, 02:42

Goldman Sachs is considering selling its business unit that matches buyers and sellers on the floor of the New York Stock Exchange, according to a person familiar with the investment bank's thinking who spoke on condition of anonymity.

NSE top-ranked globally for equity trades for 2nd year in 2013

Last Updated: Sunday, January 19, 2014, 13:36

The National Stock Exchange (NSE) retained its position as the world's largest bourse in terms of number of equity trades for the second consecutive year in 2013, while China's Shenzhen Exchange overtook the NYSE as the second largest.

Hitachi Data Systems ties up with Verizon Enterprise

Last Updated: Thursday, January 16, 2014, 17:12

Hitachi Data Systems, a wholly-owned subsidiary of the Japanese electronics major, has joined hands with NYSE-listed Verizon Enterprise to develop a software-defined storage solution.

NYSE Euronext sells 5.65 lakh MCX shares

Last Updated: Thursday, December 19, 2013, 20:17

Global exchange giant NYSE Euronext on Thursday offloaded 5.65 lakh shares of India's premier commodity bourse MCX for an estimated Rs 24 crore.

Nasdaq closes above 4,000 for first time in 13 years

Last Updated: Wednesday, November 27, 2013, 09:11

Retailers and homebuilders were among the best performing sectors, responding to stronger-than-expected earnings and robust housing market data.

World stocks gain as Fed-fired volatility eases; dollar firm

Last Updated: Friday, November 22, 2013, 18:18

On Wall Street, the Dow Jones Industrial Index closed above 16,000 for the first time ever.

Twitter IPO: 1,600 new millionaires to pay $2.2 bn in taxes

Last Updated: Sunday, November 17, 2013, 12:31

US tax department is in for a major windfall from Twitter' blockbuster IPO, which has made 1,600 of its employees millionaires and they will together pay an estimated USD 2.2 billion (about Rs 13,800 crore) in taxes, a research report says.

Twitter dominates action in busy US options market

Last Updated: Friday, November 15, 2013, 23:26

The first day of trading options in Twitter was an active one, with more than 50,000 contracts trading in less than two hours on Friday, a week after the social media name debuted in the equity market.