New York Stock Exchange

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.

Wall Street investment firms have not had the most successful initial public offerings in recent years — and Oaktree Capital Group may be no exception. Despite being highly regarded, the Los Angeles distressed-debt manager raised less in its IPO on Wednesday than planned. The company announced that it raised $380 million by selling 8.8 million shares at $43 each. That's at the lower end of its proposed range of $43 to $46 a share, according to an earlier filing with the Securities and Exchange Commission.

Apparently, most individual investors aren't any more interested in extended trading hours than the stock exchanges themselves. According to a survey of investor sentiment taken by PaineWebber Group and the Gallup Organization, just 22% favor proposals by the New York Stock Exchange and Nasdaq to offer night trading, while 24% oppose them and 53% said they have no opinion. Both markets have recently delayed their plans to extend their trading hours. Bullishness regarding U.S. stocks has declined, the poll also found.

SAN FRANCISCO — Facebook Inc. has found a home on Wall Street — Nasdaq will be listing the social networking giant's shares for its hotly anticipated stock market debut, according to Sam Hamadeh, chief executive of research firm PrivCo. No official announcement was made Thursday by the company or the stock exchange. Hamadeh said he confirmed the information with two sources close to the deal that he declined to name. The tech-heavy Nasdaq and its rival, the New York Stock Exchange, had waged a high-stakes competition to land the biggest technology initial public stock offering since Google Inc. went public in 2004.

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.

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.

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.

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.

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.

Anticipating further cuts in interest rates, investors sent stock prices soaring Wednesday in what market experts termed a "buying stampede." The Dow Jones industrial average jumped 42.57 points to 2,830.94 on heavy volume. That is the highest level for the Dow since 2,864.60 last Aug. 2--the day Iraq invaded Kuwait. Some 276.9 million shares changed hands on the New York Stock Exchange on Wednesday compared with 290.57 million shares Tuesday. Gainers overwhelmed losers, 1,195 to 451.

Burger King is giving the public a bit of a closer look at its reinvention strategy with its decision to trade its shares publicly again. The hamburger giant said it would become a public company and relist its shares on the New York Stock Exchange within three months. The last time Burger King traded publicly was in 2010, when investment firm 3G Capital took it private for $3.3 billion. In a complex $1.4-billion deal, 3G said late Tuesday that it was selling a 29% stake in the Miami fast-food chain to Justice Holdings, a London acquisition company.

Equity exchange Bats Global Markets Inc. canceled its initial public offering, stunning Wall Street after errors on its own computer systems derailed trading in the stock and forced a halt in Apple Inc. "We believe withdrawing the IPO is the appropriate action to take for our company and our shareholders," Chief Executive Joe Ratterman said in a statement. Asked if that meant Bats is no longer going public, company spokesman Randy Williams said, "Yes, that's correct. " Pulling the IPO capped a day of missteps for the electronic exchange, beginning just as the shares were making their debut.

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.

European regulators appear set to shoot down a controversial deal that would have seen Germany's largest stock exchange buy the New York Stock Exchange. In a video message sent to employees of the Big Board on Wednesday, the chief executive of NYSE Euronext, Duncan Niederauer, acknowledged the growing rumors that European regulators are preparing to reject the deal due to fears that the new company would violate antitrust laws. NYSE Euronext and the German exchange, the Deutsche Boerse, announced in February that the German company would acquire the New York exchange and its web of global subsidiaries in an exchange of stock.  Niederauer said Wednesday morning that he and his counterpart at the Deutsche Boerse had not received a final decision from the European Commission, but he expressed his disappointment that the combined company is being viewed as a monopoly threat.

New York's senior U.S. senator wants assurance that a merger between the New York Stock Exchange and Germany's Deutsche Boerse would keep "New York" first in the combined parent company's name. Sen. Charles E. Schumer said Sunday that although there were "a number of things to like" about the potential combination, the name of the new entity could be a deal breaker for him. "It is totally logical to keep the NYSE name first," Schumer, a Democrat, said in a statement. "If for some reason, the Germans sought an alternative option, it could be an indication that they are trying to wield an upper hand in the new company and would seek to make other business decisions that could go against New York.

Federal Reserve Chairman Ben Bernanke's dour assessment of the U.S. recovery hit U.S. stocks Wednesday, as the Fed chief's comment on "unusually uncertain" economic prospects discouraged investors. Stocks sank after Bernanke acknowledged the labor market's continued weakness while offering few specific options to stimulate lending and investment. "The market sold off because unfortunately there is no remedy provided in Bernanke's commentary to the rising threat of deflation, the excess capacity in the economy and the malfunctioning of the credit system," said Joe Battipaglia, market strategist at Stifel Nicolaus in Yardley, Pennsylvania.

The stock of Hudson Pacific Properties Inc., a real estate investment trust founded by Los Angeles investor Victor Coleman, closed up 2.4% from its initial offering price in its first day of trading on the New York Stock Exchange. The company, based in West Los Angeles, said it priced its shares at $17 apiece and raised $210.5 million after fees in its initial public offering. Shares closed Thursday at $17.40. Hudson Pacific, which trades under the ticker symbol HPP, said it intends to use the proceeds to repay mortgage debt, to fund acquisitions and for general corporate and working capital purposes.