Tag Archives: NYSE

Markets will keep trying ‘to find their footing’: NYSE president

Markets will keep trying ‘to find their footing’: NYSE president

The key to unlocking better performances for stocks and the IPO market in 2023 boils down to strong execution by the Federal Reserve on its policy actions, according to New York Stock Exchange President Lynn Martin. “I think the markets will continue to try to find their footing,” Martin said on Yahoo Finance Live (video above). “The one thing markets don’t like is to be surprised.” Martin, who is coming up on her one-year mark leading the iconic NYSE, explained the Fed has surprised investors… Source link

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China ride-hailing giant Didi to start trading on OTC market after NYSE delisting, ending an 11-month fiasco that angered Beijing

China ride-hailing giant Didi to start trading on OTC market after NYSE delisting, ending an 11-month fiasco that angered Beijing

Chinese ride-hailing giant Didi Global will start trading on the over-the-counter market (OTC) on Monday, more than two weeks after its shareholders voted to delist the company from the New York Stock Exchange (NYSE) where it raised US$4.4 billion last year in a public listing that angered Beijing. That move was announced on Friday in the US by Chicago-based Options Clearing Corp, the world’s largest equity derivatives clearing house, which said the Chinese firm’s trading symbol will change… Source link

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NYSE and Nasdaq halt trading of Russian firms, including Yandex and MTS – DatacenterDynamics

The Nasdaq and New York Stock Exchange have halted trading in US-listed Russian stocks, following the invasion of Ukraine and the West leveling harsh sanctions against Russia. Among them were a number of tech companies, including search engine and cloud company Yandex, as well as telco Mobile TeleSystems (MTS), and e-commerce platform Ozon Holdings. Russia has also ordered its own stock market to remain closed as its economy and currency plunged in value. … Source link

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Nordic American Tankers Ltd (NYSE: NAT) – Report February 25, 2022 (Fourth quarter 2021)

Nordic American Tankers Limited Friday, February 25, 2022 Highlights: As regards the recent political events in Russia and Ukraine, we shall comment later when matters are more clear. 1. On a Time Charter Equivalent (TCE) basis, fourth quarter 2021 was the best quarter of the last five quarters. We take comfort from an improving trend in both top- and bottom-line results. 2. The average TCE for our active fleet during the fourth quarter 2021 came in at $10,100 per day per ship. This was up 74%… Source link

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It’s December 1999 Based on the NYSE Shares Touching New Lows

(Bloomberg) — Amid all the celebration of a rousing year-end in stocks, Doug Ramsey has a sobering observation about a situation below the market’s surface. Most Read from Bloomberg Last week, when the S&P 500 closed at a 52-week high, 334 companies trading on the New York Stock Exchange hit a 52-week low, more than double the amount that marked new one-year highs. That’s happened only three other times in history — all of them in December 1999, according to Ramsey, who is chief… Source link

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Wallbox to Trade on NYSE Under Ticker “WBX”

Global EV Charging and Energy Management Provider Wallbox and Kensington Capital Acquisition Corp. II Complete Closing of Business Combination BARCELONA, Spain & WESTBURY, N.Y., October 04, 2021–(BUSINESS WIRE)–Wallbox, a leading provider of electric vehicle (EV) charging and energy management solutions worldwide, today announced it has completed its business combination with Kensington Capital Acquisition Corp. II (NYSE: KCAC), a special purpose acquisition company. The business… Source link

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