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BUSINESS
May 25, 1989
Mitsubishi Bank Ltd., a leading Japanese commercial bank based in Tokyo, said it plans to list its shares on the New York Stock Exchange in September.
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BUSINESS
December 31, 2013 | By Andrew Tangel
NEW YORK - Wall Street closed out an epic year with the stock market's best performance since 1995, fattening the retirement accounts for a generation of Americans crushed by the financial crisis just five years ago. The 27% gain in the Dow Jones industrial average enabled investors to recoup the last of the losses suffered during the Great Recession, when the value of America's blue-chip stocks was slashed in half. And analysts are predicting that stocks will continue their upward march in 2014, though perhaps not at such a breakneck pace.
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BUSINESS
April 20, 1989
Hoax Halts IBM Trading: The New York Stock Exchange halted trading in IBM, one of the most respected blue chip stocks, for 38 minutes after it received a hoax call that the computer giant was about to make an announcement. International Business Machines Corp. spokesman Peter Thonis said a person identifying himself as a senior IBM official called the NYSE and requested a trading halt in the stock pending the issue of a news release. Trading in a firm's stock is often halted prior to the release of important information so that no one with advance knowledge of the information can trade the shares and benefit.
NEWS
November 21, 2013 | By Amy Hubbard
Which country has the largest number of actively tweeting Twitter users?  We're No. 1! Yes, in what is likely a surprise to no one, the U.S. is tops. We have more than 50 million Twitter users, after all. What may be more surprising is how many in the U.S. do not tweet. A new graphic, below, from Statista and PeerReach shows the U.S. with 24.3% of tweeters in the world, followed by Japan at 9.3% and Indonesia with 6.5%.  Twitter had 232 million users as of October, according to Amsterdam-based social media analysts PeerReach.
BUSINESS
January 20, 2012 | By Nathaniel Popper
Cy Young Award-winner Clayton Kershaw does not normally receive a warm welcome when he visits New York. On Friday, though, it was all smiles, when the Dodgers left-handed pitcher took to the floor of the New York Stock Exchange. Kershaw showed up before the markets opened and watched the ringing of the opening bell (the honor of ringing the bell had already been reserved for a company making its initial public offering). He then palled around with traders on the floor, a number of whom asked when he would be coming to play for the Mets or Yankees.
BUSINESS
December 20, 2012 | By Andrew Tangel
NYSE Euronext, operator of the New York Stock Exchange, has agreed to sell itself to the IntercontinentalExchange in an acquisition that would reshape Wall Street. ICE, a 12-year-old electronic exchange operator based in Atlanta, will pay $33.12 a share for NYSE Euronext in a stock-and-cash deal worth $8.2 billion. The companies announced the acquisition early Thursday, saying both of their boards or directors unanimously approved the deal. The acquisition is slated to close in the second half of 2013, pending the blessing of U.S. and European regulators and both companies' shareholders.
BUSINESS
October 28, 2012 | By Chad Terhune
The New York Stock Exchange said it plans to open for trading Monday despite the threat of disruptions as Hurricane Sandy barrels toward the East Coast. NYSE Euronext said it is "monitoring the advance of Hurricane Sandy and preparations are in place for our U.S. markets to operate normally on Monday. " A spokesman for the Nasdaq Stock Market couldn't be immediately reached. New York's major airports were preparing to shut down late Sunday and airlines were canceling hundreds of flights in and out of the area.
BUSINESS
October 15, 2013 | By Andrew Tangel and Jessica Guynn
NEW YORK -- Twitter Inc. has found a home on Wall Street: the New York Stock Exchange. The micro-blogging juggernaut's choice to list its soon-to-be-public stock on the Big Board is a blow to the Nasdaq Stock Market, which fumbled the debut of Facebook, last year's hot tech IPO. Twitter disclosed its pick in a securities filing late Tuesday. Twitter is seeking to raise $1 billion in the offering, on track to take place next month. Although investors may care little where the company lists its stock, Twitter's choice nonetheless carries high stakes for the country's two largest exchanges.
NATIONAL
March 15, 2010 | By Tina Susman
KISS guitarist Paul Stanley fluffed his thick, shaggy hair as bassist Gene Simmons fidgeted in the background, their eyes looped in black makeup, faces painted chalky white. As the seconds counted down to 4 p.m., Stanley leaned on the green button in front of him. "Clang, clang, clang!" went the bell as the clock struck the top of the hour. Flap, flap, flap went Simmons' famous tongue, stretching to the tip of his chin and back again. "Bang!" went the gavel, which Stanley brought down with a thud.
BUSINESS
March 29, 2003 | From Bloomberg News
United Airlines parent UAL Corp. will be dropped by the New York Stock Exchange because its stock dropped below minimum levels. UAL plans to have the stock trade on the OTC Bulletin Board starting in April.
BUSINESS
November 13, 2013 | By Stuart Pfeifer
A new stock index was launched Wednesday to help investors keep track of the investing strategies of some of the smartest minds on Wall Street. The iBillionaire index lists 30 large-cap stocks owned by billionaire investors, including Warren Buffett, Carl Icahn, Daniel Loeb, David Trepper and David Einhorn. Launched on the New York Stock Exchange under the symbol, BILLION, the index will allow investors to model their portfolios after the stocks that these billionaires own, based on Securities and Exchange filings.
BUSINESS
November 6, 2013 | By Walter Hamilton and Andrew Tangel
If the initial public offering of Twitter Inc. had to be summed up in one of the company's famously pithy tweets, this would be it: The timing couldn't be better. Twitter is expected to make its public debut Thursday in one of the hottest IPO markets in years. And Wall Street is paying close attention. The New York Stock Exchange wants a smooth opening to assert its dominance against rival Nasdaq, which was panned for last year's glitchy IPO for Facebook Inc. Investors want a surge in the stock that could strengthen the tech sector's rise this year.
BUSINESS
October 16, 2013 | By Michael Hiltzik
The big news out of the financial markets Wednesday is that Twitter, whose initial public offering is likely to be one of the hottest transactions of the year, will list its shares on the New York Stock Exchange instead of on Nasdaq.  The world asks: So what? The answer is: So, nothing. The truth is that a company's decision about where to list makes virtually no difference to anyone except to the two main exchanges themselves. To them it means a lot. They get annual fees from the listed companies -- up to $500,000 at the NYSE, $100,000 at Nasdaq -- as well as a minuscule vig from every trade.
BUSINESS
October 15, 2013 | By Andrew Tangel and Jessica Guynn
NEW YORK -- Twitter Inc. has found a home on Wall Street: the New York Stock Exchange. The micro-blogging juggernaut's choice to list its soon-to-be-public stock on the Big Board is a blow to the Nasdaq Stock Market, which fumbled the debut of Facebook, last year's hot tech IPO. Twitter disclosed its pick in a securities filing late Tuesday. Twitter is seeking to raise $1 billion in the offering, on track to take place next month. Although investors may care little where the company lists its stock, Twitter's choice nonetheless carries high stakes for the country's two largest exchanges.
BUSINESS
October 14, 2013 | By Andrew Tangel
NEW YORK - As Twitter Inc. shops for a home on Wall Street, the Nasdaq Stock Market and New York Stock Exchange are cranking up the charm - just like they've done with other tech stars. As real estate listings website Zillow Inc. was going public two years ago, Nasdaq dispatched Chief Executive Robert Greifeld to personally make a pitch over breakfast in Seattle. The NYSE deployed Larry Leibowitz, its chief operating officer. In the end, Nasdaq won. The exchange dangled generous use of its electronic billboard towering seven stories over Times Square.
BUSINESS
October 4, 2013 | By Jessica Guynn
SAN FRANCISCO -- With the hottest technology offering since Facebook still technically up for grabs, the Nasdaq Stock Market's chief Bob Greifeld paid a visit to Twitter headquarters in San Francisco on Friday. Twitter is leaning toward listing with the New York Stock Exchange after the technical glitches that marred Facebook's IPO in May 2012, a person familiar with the situation said last week. Greifeld made his pitch anyway, arguing that Twitter would be better off on Nasdaq and trading with many of its peers.
TRAVEL
January 12, 1992 | DAVID VEASEY, Veasey is a New Jersey free-lance writer.
Wall Street, America's premier street of capitalism, the playground of bulls and bears, begins at a church and ends at a river. For some, it is the mecca of finance. For others, it's a sinkhole of greed and self-interest. And on May 17, the New York Stock Exchange--the philosophical center of it all--will celebrate its 200th anniversary.
BUSINESS
October 2, 2013 | By Andrew Tangel
NEW YORK - King Kong climbed it. A bomber crashed into it. Now the country's most iconic building is going public. The Empire State Building is set to make its debut Wednesday on the New York Stock Exchange. And for $13 - about half the cost of a ticket to its famous observation deck - you can own a piece of the American landmark. When it was completed in 1931, the 102-story Art Deco landmark reigned as the tallest building in the world. An enduring symbol of Gotham's vertical prowess, it retained its status as the tallest skyscraper in New York City for four decades, until it was eclipsed by the old World Trade Center at the foot of Manhattan.
BUSINESS
August 22, 2013 | By Shan Li and Walter Hamilton
Nasdaq said Thursday it has halted all trading -- apparently the latest snafu to strike major exchanges and trading firms. The halt affected scores of big-name stocks, including Apple Inc. and Google Inc., leaving small investors and others scrambling to find out what's happening in their stocks. The cause of the glitch is unknown, although Nasdaq put an alert on its website related to something known as its securities information processor, which disseminates stock quotes. The Nasdaq options markets released an update recommending that all firms route their orders elsewhere.
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