NYSE Market News

I must confess that I have never tweeted (in any way, shape or form), nor have I ever used Twitter.  I’m not apologizing.  I’m just saying that I don’t see the necessity of having a Twitter account, although some of my clients are suggesting that I should open one.  Now I see that Twitter has […]

Empire State Realty Trust, Inc., a self-administered and self-managed real estate investment trust which owns the iconic Empire State Building opened for trading today on the New York Stock Exchange  under the ticker symbol (NYSE:ESRT) after its initial public offering. Empire State Realty opened at $13.05 after pricing 71,500,000 shares of its Class A common […]

Yesterday I said, essentially, that the U.S. shutdown “ain’t not big deal.”  If this shutdown is like most of the others the U.S. has experienced, it will be something similar to the effect of a major January snowstorm in the Washington DC area. For most Americans – and most of the world, for that matter […]

The Dow is Down 114.06 to 15,144, the S&P is Poorer by 10.35 to 1,681, and the NASDAQ has Descended by 16.19 to 3,765.  Apparently, the market is reacting to the looming potential for a shutdown of the U.S. Government. The problem is that barely anyone I talk to understands what a government shutdown means. […]

San Mateo based RingCentral (NYSE:RNG), a leading provider of cloud business communications solutions, has opened for trading on the New York Stock Exchangeunder the ticker symbol “RNG” after its initial public offering. KCG Holdins, Inc. is the Designated Market Maker for RingCentral’s stock. Chairman and CEO Vlad Shmunis, accompanied by employees and members of...

The AIM listed African focused support services and logistics company Africa Oilfield Logistics (LSE:AOL) focused support services and logistics company has announced that its 49% owned subsidiary Ardan Risk & Support Services (‘Ardan’) has signed a contract with Weatherford Drilling International Ltd, a subsidiary of Weatherford International Ltd (NYSE:WFT) (‘Weatherford’), the NYSE...

Were the rest of the food retailer’s results any easier to digest? ConAgra Foods (NYSE:CAG), one of North America’s leading food companies, has admitted to “weak results” whilst announcing financial details for the fiscal 2014 first quarter ended Aug. 25, 2013. Diluted EPS from continuing operations was $0.33 as reported for the fiscal first quarter, […]

The Shah Deniz consortium has announced that 25-year sales agreements have been concluded for just over 10 billion cubic metres a year (BCMA) of gas to be produced from the Shah Deniz field in Azerbaijan as a result of the development of Stage 2 of the Shah Deniz project. Nine companies will purchase this gas […]

NYSE Euronext and OMIClear have announced that the Iberian Energy Clearing House is now an Interbolsa Special Participant. Interbolsa was the first European CSD chosen by OMIClear to improve its collateral management systems. In this way, the management of the Iberian Energy Clearing House is continuing with the ongoing adaptation to the business model recommended […]

New multi-asset, low-volatility index of high dividend-paying securities NYSE Euronext has announced the launch of the NYSE Diversified High Income Index (NYDVHI), a new index designed to measure the performance of a broad, diversified basket of 138 publicly-traded securities that provide exposure to multiple asset classes, sectors and segments that historically pay high dividends on […]