
CNN earned itself another black eye after wrongly reporting that the New York Stock Exchange was flooded with three feet of water following the worst of Hurricane Sandy. “There has been no damage to our building or systems, and we will conduct tests with the industry today with the aim of reopening U.S. markets on [...]
Oct 31 2012 | Posted in
Business |
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The New York Stock Exchange reopens for regular trading today (Wednesday, October 31st) after being shut down for two days because of Hurricane Sandy. The exchange said in a statement Tuesday that its building and trading floor are fully operational and that normal trading will resume at the usual starting time of 9:30 a.m. There [...]

Knight Capital is reported to be close to reaching a $400 million rescue deal with a group of investors, which would allow it to open its doors on Monday. An IT glitch on Wednesday caused its trading to go haywire, losing it $440 million. Knight Capital is a major market-maker on the New York Stock [...]

Tonight will see the debut of the hotly anticipated Dallas reboot, 21 years after the original show ended. So the cast of the new version yesterday got the opportunity to quite literally ring in their show at the New York Stock Exchange. Josh Henderson, Jordana Brewster, Julie Gonzalo and Jesse Metcalfe were given the prestigious [...]
Jun 13 2012 | Posted in
Entertainment |
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Facebook investors have been offered $40 million by the NASDAQ stock exchange for a computer hitch that stopped them trading on debut day. Some shareholders had hoped to sell the much-hyped shares on the issue day to take advantage of pent-up buyer demand. But technical problems kept many investors from buying shares in the morning [...]
Jun 7 2012 | Posted in
Business,
Finance |
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Amid a flurry of lawsuits over Facebook’s IPO, Morgan Stanley, the company’s top underwriter, says it’s prepared to pay back investors who were burned when they bought shares. Morgan Stanley announced in a memo on Wednesday that it is reviewing Facebook trades and would adjust prices for some retail customers who overpaid. The IPO mishaps [...]

NYSE decline and its echo on Asian and European markets. Hong Kong SE fell by 7.24%. New York Stock Exchange opened on red. A new session of the US stock market was on chaos. Few minutes after the trading session opening, the Dow Jones has already decreased by 7.3%, being lowest in the last [...]