In our top story Nicole takes us on a tour of the New York Stock Exchange. The NYSE was founded in 1792 and today billions of dollars exchange hands there everyday. More than 2,000 companies trade their stock there. Owning stock is like owning a stake in a company, if the company does well you can make money, if it does badly you can lose money. Website: http://www.teenkidsnews.com Facebook: https://www.facebook.com/TEENKIDSNEWSTV Twitter: https://twitter.com/teenkidsnews Instagram: http://instagram.com/teenkidsnews# Teen Kids News is an Emmy Award winning 1/2 hour weekly TV show that is informative, educational and fun! The show has been on the air for over 10 years!
Views: 83835 Teen Kids News
Working in an industry where you are one of very few women can be challenging enough — but imagine what it's like to be the only woman on staff. That's the case for New York Stock Exchange trader Lauren Simmons. The 23-year-old is an equity trader for Rosenblatt Securities, and she is both the youngest and the only full-time female employee to hold that position at the NYSE. "When I tell people what my job is they are always surprised," she tells CNBC Make It. In fact, Simmons says that if you had told her five years ago that she'd end up working on Wall Street, she wouldn't have believed the news herself. "It's surreal," she says. » Subscribe to CNBC Make It.: http://cnb.cx/2kxl2rf About CNBC Make It.: CNBC Make It. is a new section of CNBC dedicated to making you smarter about managing your business, career, and money. Connect with CNBC Make It. Online Get the latest updates: http://www.cnbc.com/make-it Find CNBC Make It. on Facebook: http://cnb.cx/LikeCNBCMakeIt Find CNBC Make It. on Twitter: http://cnb.cx/FollowCNBCMakeIt Find CNBC Make It. on Instagram: http://bit.ly/InstagramCNBCMakeIt Meet NYSE's Only Full-Time Female Trader | CNBC Make It.
Views: 80109 CNBC Make It.
Lauren Simmons is the only full time female trader on the floor of the New York stock exchange. At 23, she’s also its youngest. And she joins just one of two African-American women to sign the constitution of the exchange. CGTN's Karina Huber caught up with her at work and began by asking her how her degree in genetics with a minor in statistics helped her get to the exchange.
Views: 21601 CGTN America
Lauren Simmons, an equity trader for Rosenblatt Securities, is the youngest woman to be a full-time broker in the New York Stock Exchange. She's only the second African-American female broker in the Exchange's 226-year history. According to a 2017 study by Stanford University, men comprise 75% of the wealth management field and fill more than 80% of leadership roles. ------------------------------------------------------ #StockExchange #LarenSimmons #BusinessInsider Business Insider tells you all you need to know about business, finance, tech, retail, and more. Subscribe to our channel and visit us at: https://read.bi/7XqUHI BI on Facebook: https://read.bi/2xOcEcj BI on Instagram: https://read.bi/2Q2D29T BI on Twitter: https://read.bi/2xCnzGF -------------------------------------------------- What It's Like To Be The Youngest Woman Equity Trader In The New York Stock Exchange
Views: 398084 Business Insider
Trading was volatile on Friday on the New York Stock Exchange, as a better-than-expected US jobs report and hints of progress in Europe's debt crisis gave some relief after a steep sell-off a day earlier sent global markets in a nose dive. Views of traders and trading on the floor of the New York Stock Exchange.Duration: 01:11
Views: 55858 AFP news agency
The New York Stock Exchange (sometimes referred to as "the Big Board") provides a means for buyers and sellers to trade shares of stock in companies registered for public trading. The NYSE is open for trading Monday through Friday from 9:30 am – 4:00 pm ET, with the exception of holidays declared by the Exchange in advance. The NYSE trades in a continuous auction format, where traders can execute stock transactions on behalf of investors. They will gather around the appropriate post where a specialist broker, who is employed by a NYSE member firm (that is, he/she is not an employee of the New York Stock Exchange), acts as an auctioneer in an open outcry auction market environment to bring buyers and sellers together and to manage the actual auction. They do on occasion (approximately 10% of the time) facilitate the trades by committing their own capital and as a matter of course disseminate information to the crowd that helps to bring buyers and sellers together. The auction process moved toward automation in 1995 through the use of wireless hand held computers (HHC). The system enabled traders to receive and execute orders electronically via wireless transmission. On September 25, 1995, NYSE member Michael Einersen, who designed and developed this system, executed 1000 shares of IBM through this HHC ending a 203-year process of paper transactions and ushering in an era of automated trading. As of January 24, 2007, all NYSE stocks can be traded via its electronic hybrid market (except for a small group of very high-priced stocks). Customers can now send orders for immediate electronic execution, or route orders to the floor for trade in the auction market. In the first three months of 2007, in excess of 82% of all order volume was delivered to the floor electronically. NYSE works with US regulators like the SEC and CFTC to coordinate risk management measures in the electronic trading environment through the implementation of mechanisms like circuit breakers and liquidity replenishment points. Until 2005, the right to directly trade shares on the exchange was conferred upon owners of the 1366 "seats". The term comes from the fact that up until the 1870s NYSE members sat in chairs to trade. In 1868, the number of seats was fixed at 533, and this number was increased several times over the years. In 1953, the number of seats was set at 1,366. These seats were a sought-after commodity as they conferred the ability to directly trade stock on the NYSE, and seat holders were commonly referred to as members of the NYSE. The Barnes family is the only known lineage to have five generations of NYSE members: Winthrop H. Barnes (admitted 1894), Richard W.P. Barnes (admitted 1926), Richard S. Barnes (admitted 1951), Robert H. Barnes (admitted 1972), Derek J. Barnes (admitted 2003). Seat prices varied widely over the years, generally falling during recessions and rising during economic expansions. The most expensive inflation-adjusted seat was sold in 1929 for $625,000, which, today, would be over six million dollars. In recent times, seats have sold for as high as $4 million in the late 1990s and as low as $1 million in 2001. In 2005, seat prices shot up to $3.25 million as the exchange entered into an agreement to merge with Archipelago and become a for-profit, publicly traded company. Seat owners received $500,000 in cash per seat and 77,000 shares of the newly formed corporation. The NYSE now sells one-year licenses to trade directly on the exchange. Licenses for floor trading are available for $40,000 and a license for bond trading is available for as little as $1,000 as of 2010. Neither are resell-able, but may be transferable in during the change of ownership of a cooperation holding a trading license. Following the Black Monday market crash in 1987, NYSE imposed trading curbs to reduce market volatility and massive panic sell-offs. Following the 2011 rule change, at the start of each trading day, the NYSE sets three circuit breaker levels at levels of 7% (Level 1), 13% (Level 2), and 20% (Level 3) of the average closing price of the S&P 500 for the preceding trading day. Level 1 and Level 2 declines result in a 15-minute trading halt unless they occur after 3:25pm, when no trading halts apply. A Level 3 decline results in trading being suspended for the remainder of the day. (The biggest one-day decline in the S&P 500 since 1987 was the 9.0% drop on October 15, 2008.) https://en.wikipedia.org/wiki/New_York_Stock_Exchange
Views: 127 Way Back
DUP Leader and Northern Ireland First Minister Peter Robinson commenting on the announcement by the New York Stock Exchange that they are to invest in Northern Ireland with the creation of 400 jobs. The NYSE announcement is the culmination of lobbying by the First Minister, the DETI Minister Arlene Fosters and others within the Executive
Views: 144 Democratic Unionist Party
Larry Kosilla left a well-paid Wall Street job to start a detailing business for high-end cars. Most of his colleagues frown on the decision. But, New York has a market for everything – how has Larry’s company made it in such a niche market? » Subscribe to CNBC: http://cnb.cx/SubscribeCNBC About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more. Connect with CNBC News Online Get the latest news: http://www.cnbc.com/ Find CNBC News on Facebook: http://cnb.cx/LikeCNBC Follow CNBC News on Twitter: http://cnb.cx/FollowCNBC Follow CNBC News on Google+: http://cnb.cx/PlusCNBC Follow CNBC News on Instagram: http://cnb.cx/InstagramCNBC Why One Wall Street Trader Quit His Job To Wash High-End Cars | CNBC Make It.
Views: 42359 CNBC
Floor trading is where traders or stockbrokers meet at a specific venue referred to as a trading floor or pit to buy and sell financial instruments using open outcry method to communicate with each other. More on stock trading: https://www.amazon.com/gp/search?ie=UTF8&tag=doc06-20&linkCode=ur2&linkId=3b70391c913a3a0dc8e7add5852ad72a&camp=1789&creative=9325&index=books&keywords=stock%20trading These venues are typically stock exchanges or futures exchanges and transactions are executed by members of such an exchange using specific language or hand signals. During the 1980s and 1990s phone and electronic trading replaced physical floor trading in most exchanges around the world. As of 2007 few exchanges still have floor trading. One example is the New York Stock Exchange (NYSE) which still executes a small percentage of its trades on the floor. That means that the traders actually form a group around the post on the floor of the market for the specialist, someone that works for one of the NYSE member firms and handles the stock. Just like in an auction, there are shouts coming from those that want to sell and those that want to buy. The specialist facilitates in the match and centralizing the trades. On January 24, 2007, the NYSE went from being strictly an auction market to a hybrid market that encompassed both the auction method and an electronic trading method that immediately makes the trade electronically. A small group of extremely high-priced stocks isn't on this trading system and is still auctioned on the trading floor. Even though over 82 percent of the trades take place electronically, the action on the floor of the stock exchange still has its place. While electronic trading is faster and provides for anonymity, there's more opportunity to improve the price of a share if it goes to the floor. Investors maintain the right to select the method they want to use. http://en.wikipedia.org/wiki/Floor_trading On October 19, 1987, the Dow Jones Industrial Average (DJIA) dropped 508 points, a 22.6% loss in a single day, the second-biggest one-day drop the exchange had experienced. Black Monday was followed by Terrible Tuesday, a day in which the Exchange's systems did not perform well and some people had difficulty completing their trades. Subsequently, there was another major drop for the Dow on October 13, 1989; the Mini-Crash of 1989. The crash was apparently caused by a reaction to a news story of a $6.75 billion leveraged buyout deal for UAL Corporation, the parent company of United Airlines, which broke down. When the UAL deal fell through, it helped trigger the collapse of the junk bond market causing the Dow to fall 190.58 points, or 6.91 percent. Similarly, there was a panic in the financial world during the year of 1997; the Asian Financial Crisis. Like the fall of many foreign markets, the Dow suffered a 7.18% drop in value (554.26 points) on October 27, 1997, in what later became known as the 1997 Mini-Crash but from which the DJIA recovered quickly. This was the first time that the "circuit breaker" rule had operated. On January 26, 2000, an altercation during filming of the music video for "Sleep Now in the Fire", which was directed by Michael Moore, caused the doors of the exchange to be closed and the band Rage Against the Machine to be escorted from the site by security after band members attempted to gain entry into the exchange. Trading on the exchange floor, however, continued uninterrupted. In the aftermath of the September 11, 2001 terrorist attacks, the NYSE was closed for 4 trading sessions, one of the longest times the NYSE was closed for more than one session; only the third time since March 1933. On May 6, 2010, the Dow Jones Industrial Average posted its largest intraday percentage drop since the October 19, 1987 crash, with a 998 point loss later being called the 2010 Flash Crash (as the drop occurred in minutes before rebounding). The SEC and CFTC published a report on the event, although it did not come to a conclusion as to the cause. The regulators found no evidence that the fall was caused by erroneous ("fat finger") orders. On October 29, 2012, the stock exchange was shut down for 2 days due to Hurricane Sandy. The last time the stock exchange was closed due to weather for a full two days was on March 12 and 13 in 1888. On May 1, 2014 the stock exchange was fined $4.5 million "to settle charges it violated market rules, the Securities and Exchange Commission said Thursday." http://en.wikipedia.org/wiki/New_York_Stock_Exchange
Views: 124694 Remember This
The exchange was closed shortly after the beginning of World War I (July 31, 1914), but it partially re-opened on November 28 of that year in order to help the war effort by trading bonds, and completely reopened for stock trading in mid-December. More on stocks: https://www.amazon.com/gp/search?ie=UTF8&tag=tra0c7-20&linkCode=ur2&linkId=76d788a3703b8fff187a2f806c15b98b&camp=1789&creative=9325&index=books&keywords=stocks On September 16, 1920, a bomb exploded on Wall Street outside the NYSE building, killing 33 people and injuring more than 400. The perpetrators were never found. The NYSE building and some buildings nearby, such as the JP Morgan building, still have marks on their façades caused by the bombing. The Black Thursday crash of the Exchange on October 24, 1929, and the sell-off panic which started on Black Tuesday, October 29, are often blamed for precipitating the Great Depression. In an effort to try to restore investor confidence, the Exchange unveiled a fifteen-point program aimed to upgrade protection for the investing public on October 31, 1938. On October 1, 1934, the exchange was registered as a national securities exchange with the U.S. Securities and Exchange Commission, with a president and a thirty-three member board. On February 18, 1971 the non-profit corporation was formed, and the number of board members was reduced to twenty-five. One of Abbie Hoffman's well-known publicity stunts took place in 1967, when he led members of the Yippie movement to the Exchange's gallery. The provocateurs hurled fistfuls of real dollars mixed with fake dollars toward the trading floor below. Some traders booed, and some collected the apparent bounty. The press was quick to respond and, by evening, the event had been reported around the world. (The stock exchange later spent $20,000 to enclose the gallery with bulletproof glass.) Hoffman wrote a decade later, "We didn't call the press; at that time we really had no notion of anything called a media event". On October 19, 1987, the Dow Jones Industrial Average (DJIA) dropped 508 points, a 22.6% loss in a single day, the second-biggest one-day drop the exchange had experienced, prompting officials at the exchange to invoke for the first time the "circuit breaker" rule to halt all trading. This was a very controversial move and led to a quick change in the rule; trading now halts for an hour, two hours, or the rest of the day when the DJIA drops 10, 20, or 30 percent, respectively. The rationale behind the trading halt was to give investors a chance to cool off and reevaluate their positions. Black Monday was followed by Terrible Tuesday, a day in which the Exchange's systems did not perform well and some people had difficulty completing their trades. Subsequently, there was another major drop for the Dow on October 13, 1989; the Mini-Crash of 1989. The crash was apparently caused by a reaction to a news story of a $6.75 billion leveraged buyout deal for UAL Corporation, the parent company of United Airlines, which broke down. When the UAL deal fell through, it helped trigger the collapse of the junk bond market causing the Dow to fall 190.58 points, or 6.91 percent. Similarly, there was a panic in the financial world during the year of 1997; the Asian Financial Crisis. Like the fall of many foreign markets, the Dow suffered a 7.18% drop in value (554.26 points) on October 27, 1997, in what later became known as the 1997 Mini-Crash but from which the DJIA recovered quickly. On January 26, 2000, an altercation during filming of the music video for "Sleep Now in the Fire", which was directed by Michael Moore, caused the doors of the exchange to be closed and the band Rage Against the Machine to be escorted from the site by security after band members attempted to gain entry into the exchange. Trading on the exchange floor, however, continued uninterrupted. In the aftermath of the September 11, 2001 terrorist attacks, the NYSE was closed for 4 trading sessions, one of the longest times the NYSE was closed for more than one session; only the third time since March 1933. On May 6, 2010, the Dow Jones Industrial Average posted its largest intraday percentage drop since the October 19, 1987 crash, with a 998 point loss later being called the 2010 Flash Crash (as the drop occurred in minutes before rebounding). The SEC and CFTC published a report on the event, although it did not come to a conclusion as to the cause. The regulators found no evidence that the fall was caused by erroneous ("fat finger") orders. On October 29, 2012, the stock exchange was shut down for 2 days due to Hurricane Sandy. The last time the stock exchange was closed due to weather for a full two days was on March 12 and 13 in 1888. http://en.wikipedia.org/wiki/New_York_Stock_Exchange
Views: 11359 The Film Archives
The New York Stock Exchange is the most important stock exchange in the world and the U.S. financial heart. But a lot of things have changed on Wall Street over the last decades. Trader Peter Tuchman is over 30 years on the floor. He explains the changes on Wirtschaft TV.
Views: 23555 Wirtschaft TV
The NYSE Big StartUpSM, a nationwide jobs-growth initiative designed to connect young companies and entrepreneurs with corporate America, was launched today by NYSE Euronext (NYX) in collaboration with Accion, Entrepreneurs' Organization (EO) and The Startup America Partnership. The program calls on the nation's corporate community to lend support, experience and resources to startups and small companies to improve procurement, networking, business development, training, and information sharing. In honor of the occasion, executives and leaders from the collaborative business-to-business partnership rings The Closing BellSM. Yelp (NYSE: YELP) and LinkedIn (NYSE-LNKD) are among the first NYSE- listed companies to participate in this endeavor. In addition to information and events to be provided as part of the initiative, a microfinance program called the Accion NYSE Job Growth Fund, started with a $1.5 million commitment by NYSE Euronext, will provide small businesses and startups with the capital and support they need to grow. The NYSE Big StartUp is unique in its comprehensive approach to promoting job growth through small businesses, start ups and entrepreneurs. The program helps to promote the increased demand for goods and services that these growing companies need, while also mobilizing the corporate sector to contribute knowledge, expertise and funding where it can be critical to job creation. Please visit www.nysebigstartup.com Link to the press release: http://www.nyse.com/press/1332325195828.html Check out The NYSE Big StartUp partnership video: http://youtu.be/XukU_PPMJwc Accion NYSE Job Growth Fund Accion has built the largest microfinance lending network in the U.S. and has provided loans and support to over 500,000 enterprising individuals in the U.S. The Accion NYSE Job Growth Fund officially launches today through a $1.5 million commitment from NYSE Euronext, and is now open for corporate contributors and small business applicants. The funding will be leveraged at a 4.5:1 ratio, enabling an even greater impact. Information on the Accion NYSE Job Growth Fund can be accessed and donations made at http://us.accion.org/. Entrepreneurs' Organization The Entrepreneurs' Organization (EO), a global network of more than 8,000 business owners in 40 countries, serves as a catalyst that enables entrepreneurs to learn and grow from their peers' ideas and experiences. EO's role in the NYSE Big StartUp will include special focus on its Accelerator program, which through events and other outreach efforts fuels growth of earlier-stage entrepreneurs, provides mentors and training for EO's broader pool of entrepreneurs, and connects the EO network with the corporate supply chains. The Startup America Partnership The Startup America Partnership, of which NYSE Euronext is a proud sponsor, brings together an alliance of major corporations including NYSE Euronext, funders, service providers, mentors and advisors working to dramatically increase the prevalence and success of high-growth startups in the U.S. The Startup America Partnership was launched at the White House in early 2011. AOL co-founder Steve Case chairs the Partnership, Priceline.com founding CTO Scott Case is the chief executive and the Kauffman and Case Foundations are the founding sponsors.
Views: 6250 New York Stock Exchange
NASA officials and representatives from U.S. commercial space partners rang the closing bell of the New York Stock Exchange Thursday, June 4. NASA's work with U.S. industry is making commercial research on the space station more accessible and affordable, leading to discoveries not possible on Earth. Commercial companies are already providing cargo transportation services to the orbiting laboratory and will soon launch astronauts once again from the United States. This is stimulating the growth of a robust U.S. commercial space industry with access to low-Earth orbit, creating new jobs and markets.
Views: 22609 NASA
How do stock exchanges make money? http://www.financial-spread-betting.com/strategies/strategies-tips.html PLEASE LIKE AND SHARE THIS VIDEO SO WE CAN DO MORE How an exchange like the London Stock Exchange (LSE) or the New York Stock Exchanges (NYSE) make money. At the end of the day stock exchanges are like any other business. Stock Exchanges basically have 4 streams of income and this makes them reasonably profitable. 1. Listing fee - there is an annual fee to list. 2. Data Fees - monthly fee for the data 3. Premium data and technology 4. Fees per trade - small %
Views: 541 UKspreadbetting
Actor/Investor Ashton Kutcher will visit the New York Stock Exchange on Tuesday, August 6 and ring The Opening Bell to highlight his latest film, JOBS, a film based on the life of Apple co-founder, Steve Jobs. About JOBS: It only takes one person to start a revolution. The extraordinary story of Steve Jobs, the original innovator and ground-breaking entrepreneur who let nothing stand in the way of greatness. The film tells the epic and turbulent story of Jobs as he blazed a trail that changed technology -- and the world - forever.
Views: 3170 New York Stock Exchange
According to Business Insider, a jobs report from the Labor Department led stocks to rally on Wall Street. By noon on Jan. 4th, the top three markets on the New York Stock Exchange were up between 2-and-3 percent. But in the afternoon, they kept on rising. On the day, the Dow Jones Industrial Average spiked by 3.6-percent, rising 816-points, and back above the 23,000 mark. The Nasdaq Composite jumped about 4.7-percent, adding 288-points, while the S&P 500 was up 3.5-percent, with 87-points of gains. https://www.businessinsider.com/stock-market-news-blockbuster-jobs-report-sends-stocks-soaring-2019-1 http://www.wochit.com This video was produced by YT Wochit Business using http://wochit.com
Views: 21 Wochit Business
Dating from 1957, "Behind the Ticker Tape" tells the story of the American Stock Exchange (now NYSE), showing how securities sales have evolved over the years, and giving a profile of the ASE at the height of its activity. NYSE MKT LLC, formerly known as the American Stock Exchange (AMEX), is an American stock exchange situated in New York City, New York. AMEX was previously a mutual organization, owned by its members. Until 1953, it was known as the New York Curb Exchange. On January 17, 2008, NYSE Euronext announced it would acquire the AMEX for $260 million in stock; on October 1, 2008, NYSE Euronext completed the acquisition. Before the closing of the acquisition, NYSE Euronext announced that the AMEX would be integrated with the Alternext European small-cap exchange and renamed the NYSE Alternext U.S. In March 2009, NYSE Alternext U.S. was changed to NYSE Amex Equities. On May 10, 2012, NYSE Amex Equities changed its name to NYSE MKT LLC. These brokers often traded stocks that were speculative in nature. With the discovery of oil in the latter half of the 19th century, even oil stocks entered into the curb market. By 1865, following the American Civil War, stocks in small industrial companies, such as iron and steel, textiles and chemicals were first sold by curbstone brokers. Efforts to organize and standardize the market started early in the 20th century under Emanuel S. Mendels and Carl H. Pforzheimer.. In 1908, the New York Curb Market Agency was established, to codify trading practices. In 1911, the curbstone brokers came to be known as the New York Curb Market, which then had a formal constitution with brokerage and listing standards. After several years of outdoor trading, the curbstone brokers moved indoors in 1921 to New York Curb Exchange Building on Greenwich Street in Lower Manhattan. In 1929, the New York Curb Market changed its name to the New York Curb Exchange. Within no time, the Curb Exchange became the leading international stock market, listing more foreign issues than all other U.S. securities markets combined. In 1953 the Curb Exchange was renamed the American Stock Exchange. Paul Kolton was named as president of the exchange in 1971, making him the first person to be selected from within the exchange to serve as its leader, succeeding Ralph S. Saul, who announced his resignation in March 1971. In November 1972, Kolton was named as the exchange's first chief executive officer and its first salaried top executive. Kolton opposed the idea of a merger with the New York Stock Exchange while he headed the exchange saying that "two independent, viable exchanges are much more likely to be responsive to new pressures and public needs than a single institution". Kolton announced in July 1977 that he would be leaving his position at the American Exchange in November of that year. The American Stock Exchange merged with the New York Stock Exchange (NYSE Euronext) on October 1, 2008. Post merger, the Amex equities business was branded "NYSE Alternext US". As part of the re-branding exercise, NYSE Alternext US was re-branded as NYSE Amex Equities. On December 1, 2008, the Curb Exchange building at 86 Trinity Place was closed, and the Amex Equities trading floor was moved to the NYSE Trading floor at 11 Wall Street. We encourage viewers to add comments and, especially, to provide additional information about our videos by adding a comment! See something interesting? Tell people what it is and what they can see by writing something for example like: "01:00:12:00 -- President Roosevelt is seen meeting with Winston Churchill at the Quebec Conference." This film is part of the Periscope Film LLC archive, one of the largest historic military, transportation, and aviation stock footage collections in the USA. Entirely film backed, this material is available for licensing in 24p HD and 2k. For more information visit http://www.PeriscopeFilm.com
Views: 13973 PeriscopeFilm
Fun Facts: Average Wall Street income $422,500. Average bonus $184,000. $100 Billion in gold stored in Wall Street district. 20% of New York City wages goes to Wall Street employees. Drive Highlights: Wall Street Bull, close proximity to The Continental Hotel from movie John Wick, brief view of famous New York Stock Exchange, and the South Street Seaport. Time of Day: Thursday afternoon. Wall Street is an eight-block-long street in the Financial District of Lower Manhattan in New York City. Anchored by Wall Street, New York City has been called both the most economically powerful city and the leading financial center of the world, and the city is home to the world's two largest stock exchanges by total market capitalization, the New York Stock Exchange and NASDAQ. In the Public Imagination Wall Street in a conceptual sense represents financial and economic power. To Americans, it can sometimes represent elitism and power politics. Wall Street has become synonymous with financial interests, often used negatively. In addition, images of Wall Street and its figures have loomed large. The 1987 Oliver Stone film Wall Street created the iconic figure of Gordon Gekko who used the phrase "greed is good", which caught on in the cultural parlance. Over time, the term has become a metonym for the financial markets of the United States as a whole, the American financial services industry (even if financial firms are not physically located there), or New York–based financial interests. Anchored by Wall Street, New York City has been called both the most economically powerful city and the leading financial center of the world, and the city is home to the world's two largest stock exchanges by total market capitalization, the New York Stock Exchange and NASDAQ. Several other major exchanges have or had headquarters in the Wall Street area, including the New York Mercantile Exchange, the New York Board of Trade, and the former American Stock Exchange. The seven largest Wall Street firms in the 2000s were Bear Stearns, JPMorgan Chase, Citigroup Incorporated, Goldman Sachs, Morgan Stanley, Merrill Lynch and Lehman Brothers. Importance In the New York Economy Estimates vary about the number and quality of financial jobs in the city. The city's securities industry, enumerating 163,400 jobs in August 2013, continues to form the largest segment of the city's financial sector and an important economic engine, accounting in 2012 for 5 percent of private sector jobs in New York City, 8.5 percent (US$3.8 billion) of the city's tax revenue, and 22 percent of the city's total wages, including an average salary of US$360,700. One estimate was that Wall Street firms employed close to 200,000 persons in 2008. Another estimate was that in 2007, the financial services industry which had a $70 billion profit became 22 percent of the city's revenue. Another estimate (in 2006) was that the financial services industry makes up 9% of the city's work force and 31% of the tax base. Tourism Wall Street is a major location of tourism in New York City. One report described lower Manhattan as "swarming with camera-carrying tourists". Tour guides highlight places such as Trinity Church, the Federal Reserve gold vaults 80 feet below street level (worth $100 billion), and the NYSE. In Popular Culture The film Wall Street (1987) and its sequel Wall Street: Money Never Sleeps (2010) exemplify many popular conceptions of Wall Street as a center of shady corporate dealings and insider trading. In the Star Trek universe, the Ferengi are said to make regular pilgrimages to Wall Street, which they worship as a holy site of commerce and business. In the film The Dark Knight Rises (2012), Bane attacks the Gotham City Stock Exchange. Scenes were filmed in and around the New York Stock Exchange, with the J.P. Morgan Building at Wall Street and Broad Street standing in for the Exchange. The film The Wolf of Wall Street (2013) is a black comedy about Jordan Belfort, a New York stockbroker who ran Stratton Oakmont, a firm that engaged in securities fraud and corruption on Wall Street from 1987 to 1998. https://en.wikipedia.org/wiki/Wall_Street http://time.com/money/5215695/wall-street-bankers-got-184000-in-bonuses-last-year/ http://fortune.com/2018/09/17/wall-street-salaries-recovered-levels-financial-crisis/
Views: 30747 J Utah
Diane King Hall has the latest Moneywatch report from the New York Stock Exchange.
Views: 168 CBS New York
Zhaopin Limited, a leading career platform in China, will visit the New York Stock Exchange (NYSE) on Thursday, June 12th to celebrate the company's completion of its initial public offering and first day of trading. Zhaopin Limited's American depositary shares will commence trading on the NYSE today under the ticker symbol "ZPIN." To highlight this company milestone, Chief Executive officer Evan Sheng Guo, joined by members of Zhaopin Limited's leadership team, will ring the NYSE Opening Bell and visit the NYSE trading floor to observe the stock opening. About Zhaopin Limited Zhaopin is a leading career platform in China, focusing on connecting users with relevant job opportunities throughout their career lifecycle. The Company's zhaopin.com website is the most popular career-focused website in China as measured by average daily unique visitors in each month of 2013. Zhaopin is the second largest online recruitment services provider as measured by revenues in 2013. The Company's over 77 million registered users include diverse and educated job seekers who are at various stages of their careers and are in demand by employers as a result of the general shortage of skilled and educated workers in China. In the nine months ended March 31, 2014, approximately 11.4 million job postings were placed on Zhaopin's platform by 274,450 employers including multinational corporations, small and medium-sized enterprises and state-owned entities. The quality and quantity of Zhaopin's users and the resumes in the Company's database attract an increasing number of customers. This in turn leads to more users turning to Zhaopin as their primary recruitment and career- related services provider, creating strong network effects and significant entry barriers for potential competitors. For more information, please visit http://www.zhaopin.com.
Views: 555 New York Stock Exchange
Why are there stocks at all? Everyday in the news we hear about the stock exchange, stocks and money moving around the globe. Still, a lot of people don't have an idea why we have stock markets at all, because the topic is usually very dry. We made a short video about the basics of the stock exchanges. With robots. Robots are kewl! Short videos, explaining things. For example Evolution, the Universe, the Stock Market or controversial topics like Fracking. Because we love science. We would love to interact more with you, our viewers to figure out what topics you want to see. If you have a suggestion for future videos or feedback, drop us a line! :) We're a bunch of Information designers from munich, visit us on facebook or behance to say hi! https://www.facebook.com/Kurzgesagt https://www.behance.net/kurzgesagt How the Stock Exchange works Help us caption & translate this video! http://www.youtube.com/timedtext_cs_panel?c=UCsXVk37bltHxD1rDPwtNM8Q&tab=2
Views: 5782444 Kurzgesagt – In a Nutshell
How the first female President of the New York Stock Exchange embraced the power of a non-linear career path Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1 Stay Connected Forbes on Facebook: http://fb.com/forbes Forbes Video on Twitter: http://www.twitter.com/forbesvideo Forbes Video on Instagram: http://instagram.com/forbesvideo More From Forbes: http://forbes.com Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.
Views: 2615 Forbes
In 226 years, the New York Stock Exchange has never had a female president before. But now Stacey Cunningham is making history on Wall Street. TODAY’s Savannah Guthrie catches up with her on her first day at work on the floor of the Exchange. » Subscribe to TODAY: http://on.today.com/SubscribeToTODAY » Watch the latest from TODAY: http://bit.ly/LatestTODAY About: TODAY brings you the latest headlines and expert tips on money, health and parenting. We wake up every morning to give you and your family all you need to start your day. If it matters to you, it matters to us. We are in the people business. Subscribe to our channel for exclusive TODAY archival footage & our original web series. Connect with TODAY Online! Visit TODAY's Website: http://on.today.com/ReadTODAY Find TODAY on Facebook: http://on.today.com/LikeTODAY Follow TODAY on Twitter: http://on.today.com/FollowTODAY Follow TODAY on Google+: http://on.today.com/PlusTODAY Follow TODAY on Instagram: http://on.today.com/InstaTODAY Follow TODAY on Pinterest: http://on.today.com/PinTODAY New York Stock Exchange’s First Female President Starts Her First Day | TODAY
Views: 1286 TODAY
August 5, 2016 Financial News - Business News - Stock Exchange - NYSE - Market News CLICK HERE➡ ➡ http://FinancialBuzz.com Business News - Financial News - Stock News -- New York Stock Exchange -- Market News 2016 Business News - Financial News - Stock Exchange -- Wall Street -- Market News - New York Stock Exchange 2016 On Monday, the first day of August, U.S. stocks were mixed amid falling oil prices. The ISM manufacturing index came in at 52.6, slightly below estimate, but any number above 50 indicates expansion. The Markit PMI manufacturing index reading for July came in at 52.9. Construction spending for June declined 0.6 percent. Oil prices were under pressure Monday, with U.S. crude futures settling 3.7 percent lower. On Tuesday stocks extended losses but even with the falls, stocks moved less than 1% for a record-breaking 14th straight day. Oil dropped below $40 for the first time since April. Auto sales came in at 17.88 million on an annualized basis, beating expectations. Personal income rose 0.2% in June, while personal spending rose 0.4%. On Wednesday sharp rebound in oil prices gave stocks a lift, as the Dow finally snapped its 7-day losing streak. ADP Private Payrolls increased by 179,000 jobs. The reading on the non-government labor market was higher than the 176,000 expected by economists. On Thursday stocks were flat despite a rise in oil prices. Jobless claims jumped 3,000 to 269,000, but claims have been below the key 300K benchmark of a healthy labor market for 74 weeks. New factory orders fell 1.5% in June. On Friday job creation crushed estimates as the U.S. economy added 255,000 jobs in July. The unemployment rate remained unchanged at 4.9%. The Dow was up triple digits after the jobs report. Kate Spade (NYSE: KATE) shares fell over 18% after the company reported a lower-than-expected profit. While net sales increase 13.7 percent to $320 million, comparable-sales growth still came to an abrupt slowdown during the latest quarter and fell short of analysts' estimates. The company also slashed its full-year profit and sales forecasts. Verizon (NYSE: VZ) will buy GPS vehicle tracking company FleetMatics (NYSE: FLTX) for about $2.4 billion in cash. Verizon hopes the purchase will help the company expand into the connected vehicle and fleet management market. Verizon will pay $60 per FleetMatics share; the deal is expected to close in the fourth quarter of 2016. Pfizer (NYSE: PFE) this week announced it had acquired a private biotech firm Bamboo Therapeutics. The $150 million deal hopes to highlight Pfizer’s presence in the research of gene therapy. Along with this payment, Bamboo may also receive potential payment of as much as $495 million if Bamboo’s therapies clear various testing and regulatory benchmarks. Amkor Technology (NASDAQ: AMKR) jumped more than 15% on Tuesday after the company reported better-than-expected earnings and guidance, thanks to stronger Android smartphone demand and a quicker recovery from their earthquake-damaged factories in Kumamoto, Japan. Net income was $4.7 million, and revenue rose 24.5% to $917 million. © 2011 Financial Buzz. All rights reserved. No portion of FinancialBuzz.com may be duplicated, redistributed or manipulated in any form without our consent, violators will be prosecuted to the full extent of the law.
Views: 17803 FinancialBuzzMedia
On Friday, April 5, Trustees, staff and alumnae of New York City's Grace Institute will visit the New York Stock Exchange to highlight the organization's 116th anniversary. This is especially relevant as Women's History Month comes to a close, and monthly job numbers are released that morning. Grace Institute was founded in 1897 by W.R. Grace, twice-elected Mayor of New York City, to help educate and find employment for women in need. On April 16th 2013, Grace Institute will celebrate 116 years of providing tuition-free job training and placement services to over 100,000 economically disadvantaged women throughout New York City. Each year, 300 unemployed women ages 18 and over are trained with the computer and business skills necessary to pursue a fulfilling career and financial independence Forty percent of students are single mothers and are raising children on an average annual income level of $6,000 when they enroll in Grace. Coming to Grace is a turning point in our students' lives -- over 80% of graduates are placed in jobs within one year of graduating, earning an average of $35,000 a year. Grace's curriculum is focused on preparing women to work in industries such as law, finance, hospitality and medical services, and our graduates are hired by companies such as: • American Cancer Society • The University Hospitals of Columbia and Cornell • Ogilvy • JP Morgan Chase & Co • Morrison & Forester LLP • New York Life Insurance
Views: 461 New York Stock Exchange
12/26/18 The year 2018 is winding down at the NYSE and Peter Tuchman aka NYSEinstein joins The Voz on the trading floor to look back at the year that was. Tuchman explains why 2018 was a great year for trading, why he loves his job at NYSE and we give him a special gift that's a "work of art" Subscribe NOW to Modern Wall Street: http://bit.ly/2wsU9rO Get more Modern Wall Street: Like Modern Wall Street: http://Facebook.com/modernwallstreet/ Follow Modern Wall Street: http://Twitter.com/ModernWallSt Insta Follow: http://Instagram.com/modernwallstreet/
Views: 209 Modern Wall Street
Big layoffs in Microsoft’s phone business and the New York Stock Exchange suffers its longest closure caused by a computer glitch. Click here to subscribe to IDG.tv: https://www.youtube.com/subscription_center?add_user=idgtv Check out our website for our full video collection: http://www.idg.tv Like IDG.tv on Facebook: https://www.facebook.com/idgtv.us Follow IDG.tv on Twitter: https://twitter.com/IDGtv_US Follow us on Instagram: http://instagram.com/IDGtv Check out our Pinterest: https://www.pinterest.com/IDGdotTV
Views: 198 IDG.tv
Published on Sep 25, 2015 September 25, 2015 Financial News - Business News - Stock Exchange - NYSE - Market News CLICK HERE➡ ➡ http://FinancialBuzz.com Business News - Financial News - Stock News -- New York Stock Exchange -- Market News 2015 Business News - Financial News - Stock Exchange -- Wall Street -- Market News - New York Stock Exchange 2015 On Monday existing home sales for August were down 4.8%, however, year-over-year sales are still at a strong plus 6.2%. Uncertainty over the Fed’s handling of interest rates dominated markets, but the Dow Industrials ended up 125 points. On Tuesday, fears of a weakening economy persisted, with crude oil falling along with commodities, copper, in particular, dropping more than 3.5%. A new report from the Asian Development Bank also cut its growth forecast for China by .4% down to 6.8%. Markets ended the day down strongly, with the Dow Industrials off 179 points. On Wednesday, the September PMI flash index for manufacturing held steady at 53, slightly in positive growth territory. Another PMI manufacturing report for China showed a drop to a 6.5 year low of 47 in September. This put downward pressure on oil and commodities, with crude declining over 4% to $44.48 a barrel. Markets ended the day modestly lower. On Thursday, durable goods orders for August declined 2% compared to the prior month’s 1.9% gain, new home sales for August were up 5.7%, and jobless claims for the week ending September 19th were up 3,000 to 267,000. After markets closed, Fed Chair Janet Yellen said she anticipates an increase in the federal funds rate later this year. Markets ended the day lower, with the Dow Industrials falling 78 points. On Friday, the final revision to the 2nd quarter GDP was increased another .2% to 3.9%. Stocks opened strongly higher as investors felt reassured by Fed Chair Yellen’s prior comments. Now let’s take a look at some stocks. Pandora Media Inc. (NYSE:P) shares jumped more than 5% Monday before pulling back slightly, after it was announced that there has been a positive development in a trial regarding how much music royalties Pandora and other internet radio companies will have to pay. The decision is expected to be announced by the middle of December. Groupon Inc. (NASDAQ:GRPN) stock fell the entire week after the company announced that it was going to slash 1,100 jobs, approximately 10% of its workforce, and close operations in 7 countries. The online deals company has been struggling as competition continues to increase from Living Social and Amazon. Microsoft Corporation (NASDAQ:MSFT) announced Thursday that it is partnering with Baidu, China’s largest search engine, to help increase the transition of China’s Windows users to its latest operating system, Windows 10. Baidu will now provide a quick Windows 10 install option, to its 600 million users, while Microsoft will make Baidu its default search engine and homepage for the Windows Edge browser. Caterpillar Inc. (NYSE:CAT) shares dropped Thursday, reaching a new 52-week low of $64.65 after the company lowered its full-year guidance and also announced that it will be eliminating up to 5,000 jobs between now and the end of 2016. Caterpillar also warned that the job cuts could potentially reach 10,000 and last until 2018. Twitter Inc. (NYSE:TWTR) shares fell as much as 5% on Thursday after Citi analysts lowered their target price from $37 to $30 per share. Citi, however, maintained their neutral rating for the stock. Citi believes that the social media company will continue to struggle to monetize its operations. © 2011 Financial Buzz. All rights reserved. No portion of FinancialBuzz.com may be duplicated, redistributed or manipulated in any form without our consent, violators will be prosecuted to the full extent of the law.
Views: 15495 FinancialBuzzMedia
December 4, 2015 Financial News - Business News - Stock Exchange - NYSE - Market News CLICK HERE➡ ➡ http://FinancialBuzz.com Business News - Financial News - Stock News -- New York Stock Exchange -- Market News 2015 Business News - Financial News - Stock Exchange -- Wall Street -- Market News - New York Stock Exchange 2015 On Monday, pending home sales for October rose by just .2%, breaking two straight months of declines, but economists were expecting a 1% rebound. On Tuesday, motor vehicle sales for November were strong, coming in at an annualized 18.2 million units, the same as the prior month. The ISM manufacturing index for November was below expectations at 48.6, in contraction territory, and its lowest reading since June 2009. On Wednesday, the ADP employment report for November showed a gain of 217,000 private sector jobs, compared to the prior month’s 196,000. Nonfarm productivity for the third quarter was up 2.2%, on top of the prior month’s 1.6% increase, and unit labor costs were up 1.8%, on top of the prior month’s 1.8% rise. The Fed’s Beige Book report said that most regions of the U.S. continued to expand, as employers started to experience upward pressure on wages due to a tightening job market. Fed Chair Janet Yellen also gave a speech implying that the time for raising rates may be very near. Markets ended the day down, with the Dow Industrials losing 158 points. On Thursday, jobless claims for the week ending November 28th were up 9,000 to 269,000, and factory orders for October increased 1.5% compared to the prior month’s 1% decline. Markets closed down sharply, with the Dow Industrials losing 252 points. On Friday, nonfarm payrolls for November were 211,000, stronger than expected, and average hourly earnings were up .2%. The unemployment rate held steady at 5%. Now let’s take a look at some stocks. American Eagle Outfitters (NYSE:AEO) reported mixed earnings Wednesday, and shares of the clothing retailer jumped almost 3% in after-hours trading. The company had earnings of 35 cents per share, beating estimates by 1 cent, however, revenue of $919 million was below estimates of $927 million. Avago Technologies Ltd (NASDAQ:AVGO) shares jumped more than 10% after the wireless chip maker reported earnings on Wednesday, showing impressive performance across the board. Revenue grew 16% for the quarter, and profits of $1.49 a share represent an increase of 198% compared to the prior year’s profits of 50 cents a share. Box Inc. (NYSE:BOX) shares tumbled more than 12% Thursday, as earnings showed that the online data storage provider has continued to grow, but also widened its loss due to increased spending on marketing, research and development. Verint Systems Inc. (NASDAQ:VRNT) shares were down 13% Thursday after earnings missed expectations. Shares are down more than 30% year to date. The IT analytics company says that longer customer approval times for big projects and an economic slowdown in emerging markets contributed to the declines. Dyax Corp. (NASDAQ:DYAX) shares were up sharply after the U.S. Federal Trade Commission terminated the proposed waiting period of Dyax’s acquisition by Shire Pharmaceuticals International. Shire will acquire Dyax for $37.30 cash per share, in a deal worth approximately $5.9 billion. © 2011 Financial Buzz. All rights reserved. No portion of FinancialBuzz.com may be duplicated, redistributed or manipulated in any form without our consent, violators will be prosecuted to the full extent of the law.
Views: 31271 FinancialBuzzMedia
Thousands of British jobs are at risk as technology giant IBM is reported to be preparing to cut a quarter of its workforce in the biggest corporate staff cull in history. More than 110,000 jobs could disappear worldwide in a major restructuring at the once-dominant computing goliath – nicknamed ‘Big Blue’. There are fears that up to 5,000 roles could be at risk if the expected rate of redundancies is applied to Britain. Original Article: http://www.dailymail.co.uk/news/article-2927172/Biggest-corporate-lay-history-expected-days-IBM-believed-scrapping-110-000-430-000-workforce-world.html Original Video: http://www.dailymail.co.uk/video/news/video-1154285/IBM-shares-fall-New-York-Stock-Exchange.html Daily Mail Facebook: http://facebook.com/dailymail Daily Mail IG: http://instagram.com/dailymail Daily Mail Snap: https://www.snapchat.com/discover/Daily-Mail/8392137033 Daily Mail Twitter: http://twitter.com/MailOnline Daily Mail Pinterest: http://pinterest.co.uk/dailymail Daily Mail Google+: https://plus.google.com/+DailyMail/posts Get the free Daily Mail mobile app: http://dailymail.co.uk/mobile
Views: 11 Daily Mail
Driving Downtown - New York City New York USA - Episode 54. Starting Point: Park Avenue https://goo.gl/maps/6LEJanN49HR2 . The City of New York, often called New York City or simply New York, is the most populous city in the United States. With an estimated 2017 population of 8,622,698 distributed over a land area of about 302.6 square miles (784 km2), New York City is also the most densely populated major city in the United States. Located at the southern tip of the state of New York, the city is the center of the New York metropolitan area, one of the most populous urban agglomerations in the world, with an estimated 20.3 million people in its 2017 Metropolitan Statistical Area and 23.7 million residents in its Combined Statistical Area. A global power city, New York City has been described as the cultural, financial, and media capital of the world, and exerts a significant impact upon commerce, entertainment, research, technology, education, politics, tourism, and sports. The city's fast pace defines the term New York minute. Home to the headquarters of the United Nations, New York is an important center for international diplomacy. Situated on one of the world's largest natural harbors, New York City consists of five boroughs, each of which is a separate county of the State of New York. The five boroughs – Brooklyn, Queens, Manhattan, The Bronx, and Staten Island – were consolidated into a single city in 1898. The city and its metropolitan area constitute the premier gateway for legal immigration to the United States. As many as 800 languages are spoken in New York, making it the most linguistically diverse city in the world. New York City is home to more than 3.2 million residents born outside the United States, the largest foreign-born population of any city in the world. In 2013, the tri-state New York Metropolitan Statistical Area (MSA) produced a gross metropolitan product (GMP) of nearly US$1.4 trillion. If greater New York City were a sovereign state, it would have the 12th highest GDP in the world. New York City traces its origins to a trading post founded by colonists from the Dutch Republic in 1624 on Lower Manhattan; the post was named New Amsterdam in 1626. The city and its surroundings came under English control in 1664 and were renamed New York after King Charles II of England granted the lands to his brother, the Duke of York. New York served as the capital of the United States from 1785 until 1790. It has been the country's largest city since 1790. The Statue of Liberty greeted millions of immigrants as they came to the Americas by ship in the late 19th and early 20th centuries and is a world symbol of the United States and its ideals of liberty and peace. In the 21st century, New York has emerged as a global node of creativity and entrepreneurship, social tolerance, and environmental sustainability, and as a symbol of freedom and cultural diversity. Many districts and landmarks in New York City are well known, and the city received a record 61 million tourists in 2016, hosting three of the world's ten most visited tourist attractions in 2013. Several sources have ranked New York the most photographed city in the world. Times Square, iconic as the world's "heart" and its "Crossroads", is the brightly illuminated hub of the Broadway Theater District, one of the world's busiest pedestrian intersections, and a major center of the world's entertainment industry. The names of many of the city's bridges, skyscrapers, and parks are known around the world. Anchored by Wall Street in the Financial District of Lower Manhattan, New York City has been called both the most economically powerful city and the leading financial center of the world, and the city is home to the world's two largest stock exchanges by total market capitalization, the New York Stock Exchange and NASDAQ. Manhattan's real estate market is among the most expensive in the world. Manhattan's Chinatown incorporates the highest concentration of Chinese people in the Western Hemisphere, with multiple signature Chinatowns developing across the city. Providing continuous 24/7 service, the New York City Subway is one of the most extensive metro systems worldwide, with 472 stations in operation. Over 120 colleges and universities are located in New York City, including Columbia University, New York University, and Rockefeller University, which have been ranked among the top universities in the world. https://en.wikipedia.org/wiki/New_York_City
Views: 2218739 J Utah
Financial News - Business News - Stock News - Market News - Stock Exchange CLICK HERE➡ ➡ http://FinancialBuzz.com Business News - Financial News - Stock News -- New York Stock Exchange -- Market News 2018 Business News - Financial News - Stock Exchange -- Wall Street -- Market News - New York Stock Exchange 2018 On Monday there wasn’t much economic news as financial and energy companies struggled while waiting for earnings season to kick in. In addition to trade issues with China, the killing of a journalist in Saudi Arabia’s Turkish consulate continued to stoke geopolitical worries. However, tech shares were the bright spot, pulling up the Nasdaq composite by .3%. On Tuesday, markets plummeted early after Caterpillar and 3M released disappointing quarterly results and forecasts. However, losses eased significantly after strong earnings by McDonald’s and Procter & Gamble. The Dow Industrials ended down 125 points and West Texas Intermediate crude fell 4.2% to $66.26 a barrel. On Wednesday new home sales for September declined 5.4% to an annualized 553,000 units, and the EIA petroleum status report for the week ending October 19th saw reserves jump 6.3 million barrels. The Fed released its Beige Book for September and it wasn’t as strong as recent Fed assessments. Consumer spending was described as modest and manufacturing and wage growth was described as modest to moderate. Investors were worried about the potentially slowing economy, and markets fell sharply with the Dow Industrials losing 608 points, erasing all of its gains for 2018. The Nasdaq Composite fell 4.4% and entered correction territory. Ten year Treasuries’ yield dropped seven basis points to 3.1%. On Thursday durable goods orders for September rose .8% and jobless claims for the week ending October 20th rose 5,000 to 215,000. The pending home sales index for September rose .5%. Markets roared back after tech companies calmed investors with solid earnings. The Dow Industrials rose 401 points, the S&P 500 gained 1.9%, and the Nasdaq Composite closed 2.95% higher. On Friday third quarter GDP came in at an annualized 3.5%, slightly higher than expectations, and real consumer spending was up 4%. Markets opened sharply lower on some disappointing quarterly results from the tech sector. Now let’s take a look at some stocks. Amazon.com, Inc. (NASDAQ: AMZN) on Thursday reported third quarter revenue that fell short of analysts’ estimates. The e-commerce giant said revenue rose 29% to $56.6 billion, however, expectations were $57.1 billion. Net income jumped more than 10 fold to $2.8 billion from $256 million year over year. Alphabet Inc. (NASDAQ: GOOGL) reported its third quarter financial results on Thursday with revenue increasing 21% to $33.7 billion, missing expectations of $34 billion. Advertising accounted for most of revenue, reaching almost $29 billion. Net income was $9.2 billion, or $13.06 per share. Microsoft Corporation (NASDAQ: MSFT) reported on Wednesday its quarterly earnings. Total revenue came in at $29.1 billion, beating estimates of $27.9 billion, and revenue growth across the company was strong, especially its cloud segment. Tesla, Inc. (NASDAQ: TSLA) reported its quarterly financial results and crushed estimates, sending shares 10.2% higher on Thursday. The stronger than expected earnings were due to Tesla’s Model 3 delivery and production, allowing it to return to profitability. Tesla reported revenue of $6.8 billion, increasing almost 129% year over year. Chipotle Mexican Grill, Inc. (NYSE: CMG) on Thursday reported third quarter results with same-store sales falling short of analysts’ estimates. Revenue increased 8.6% to $1.2 billion and the company said the increase was driven by new restaurant openings and a 4.4% increase in comparable restaurant sales. Net income was $38.2 million, or $1.36 per diluted share. © 2011 Financial Buzz. All rights reserved. No portion of FinancialBuzz.com may be duplicated, redistributed or manipulated in any form without our consent, violators will be prosecuted to the full extent of the law.
Views: 13072 FinancialBuzzMedia
Lauren Simmons discusses the power that comes with being the only full-time female trader on the New York Stock Exchange.
Views: 4732 New York Magazine
(22 May 2018) The New York Stock Exchange has named its first female leader in the history of the 226-year-old bourse. The parent company of the NYSE, Intercontinental Exchange Incorporated, said Stacey Cunningham will become the 67th president. She's currently NYSE's chief operating officer. Cunningham will start her new job on Friday. She succeeds Thomas Farley, who came to the NYSE in November 2013. Farley has announced he's leaving Atlanta-based Intercontinental Exchange to lead a new special-purpose acquisition company. That means that two of the world's most well-known exchanges will be led by women. Adena Friedman became CEO of Nasdaq in early 2017. Cunningham first started at the NYSE as an intern in 1994. Find out more about AP Archive: http://www.aparchive.com/HowWeWork Twitter: https://twitter.com/AP_Archive Facebook: https://www.facebook.com/APArchives Google+: https://plus.google.com/b/102011028589719587178/+APArchive Tumblr: https://aparchives.tumblr.com/ Instagram: https://www.instagram.com/APNews/ You can license this story through AP Archive: http://www.aparchive.com/metadata/youtube/1cb9e33de5b20e280ae78faea41e2a70
Views: 52 AP Archive
March 4, 2016 Financial News - Business News - Stock Exchange - NYSE - Market News CLICK HERE➡ ➡ http://FinancialBuzz.com Business News - Financial News - Stock News -- New York Stock Exchange -- Market News 2016 Business News - Financial News - Stock Exchange -- Wall Street -- Market News - New York Stock Exchange 2016 On Monday the pending home sales index for January slowed by 2.5% to 106, and the Chicago PMI came in at contraction territory at 47.6, but it didn’t move the market much. The People’s Bank of China cut its reserve requirement ratio by .5%, the first cut since last October. West Texas Intermediate crude was up 3% to $33.75 a barrel. The Dow Industrials ended the day down 123 points. On Tuesday, motor vehicle sales for February were an annualized 17.5 million units, compared to the prior month’s 17.6 million. The PMI manufacturing index for February was 51.3, down from 52.4, and the ISM manufacturing index was 49.5, up from the prior month’s 48.2. In January , construction spending rose 1.5% to its highest level since 2007. Markets were up strongly with the Dow Industrials gaining 348 points. On Wednesday, the ADP employment report for February showed a gain of 214,000 jobs, stronger than expected, and the EIA petroleum status report for the week ending February 26th showed the oil glut gained another 10.4 million barrels, however, production dropped by 25,000 barrels a day. Markets ended the day with slight gains. On Thursday, jobless claims for the week ending February 27th rose 6,000 to 278,000, factory orders for January increased 1.6%, and the ISM non-manufacturing index for February held just about even at 53.4. On Friday, non-farm payrolls for February were 242,000 up 70,000 from the prior month, the unemployment rate remained unchanged at 4.9% and average hourly earnings declined by .1%. Markets opened slightly higher on the news. Now let’s take a look at some stocks. JD.Com Inc. (NASDAQ: JD) shares surged about 4% Tuesday morning, after the company posted fourth quarter earnings for its fiscal 2015. The Chinese online direct-sales company showed better-than-expected results, and benefited from a very strong Gross Merchandising Volume (GMV), which jumped more than 69% year-over-year, to $22 billion. Kate Spade (NYSE: KATE) shares rallied despite mixed results. The company reported earnings of $0.32 per share on $429 million in revenue, slightly below expected revenue of $444 million. Kate Spade provided guidance for 2016, expecting EPS in the range of $0.70 to $0.80 and net sales around $1.4 billion. Costco Wholesale (NASDAQ: COST) reported disappointing earnings again, showing a second straight quarterly decline in sales growth. Costco has a reputation for consistent growth, however, the quarterly report released Thursday morning said that the strong dollar hurt results, with comparable store sales rising only 1% year over year instead of 5%. The Kroger Company (NYSE: KR) shares plummeted after the operator of retail food and drug stores reported supermarket sales rose slower than expected due to the shift of the Super Bowl to February and unusually warm weather. Shares of the company dropped more than 8%on Thursday morning. Kroger has often benefited from snowstorms as customers usually stock up on groceries and products. 51job, Inc (NASDAQ: JOBS) shares jumped more than 15% on Thursday morning, as the Chinese human resource services company reported an increase in revenue of 16% to $94 million, exceeding the companies own expectations. © 2011 Financial Buzz. All rights reserved. No portion of FinancialBuzz.com may be duplicated, redistributed or manipulated in any form without our consent, violators will be prosecuted to the full extent of the law.
Views: 34753 FinancialBuzzMedia
I'm Alex Villarreal with the VOA Special English Economics Report, from http://voaspecialenglish.com | http://facebook.com/voalearningenglish A ten-billion-dollar deal aims to create the world's largest exchange company. The plan would combine the operators of the New York Stock Exchange and Germany's Frankfurt Stock Exchange.The two companies, NYSE Euronext and Deutsche Borse, announced the agreement in February. Deutsche Borse shareholders would own about sixty percent of the combined group. One thing it still needs is a name. The new company would have headquarters in Frankfurt and New York City. The New York Stock Exchange is the world's most famous stock market and a symbol of American capitalism. Treasury Secretary Tim Geithner says New York will remain at the heart of the world's financial system for a long time to come. But the exchange business has changed in these days of high-speed trading by computers in a globally connected economy. The Big Board now has to compete with smaller exchanges. Where stocks are traded has become less important than how much those trades cost.NYSE Euronext and Deutsche Borse had profits of almost four and a half billion dollars last year. They expect to save four hundred million dollars a year by combining their operations. These savings could lower the cost of stock orders. But the size of the company could raise concerns about competition in the exchange industry. The new company would also have trading operations in Britain, France and other European countries.Stock trading and other financial services would remain important to the combined company. But much of its income is expected to come from trading complex financial products called derivatives. The deal requires approval by American and European officials and by shareholders. Other exchange operators, like the CME Group, could try to offer a higher price for NYSE Euronext. The CME Group, operator of the Chicago Mercantile Exchange, is one of the world's largest traders of derivatives. Duncan Niederauer, chief executive of NYSE Euronext, is expected to keep that job in the new company. He says combining with Deutsche Borse will make the company more competitive. In February, the operators of the London and Toronto stock exchanges announced a deal to combine their companies. And in October the Singapore Exchange offered to merge with Australia's exchange.For VOA Special English I'm Alex Villarreal. (Adapted from a radio program broadcast 18Feb2011)
Views: 47672 VOA Learning English
Financial Classic Films playlist: https://www.youtube.com/playlist?list=PLE7527E1C9F0B138B more at http://money.quickfound.net/ "Animated explanation of how the stock market works, told through the story of an Everyman named Mr. Finchley." Promotes the NYSE's "Monthly Investment Plan (M.I.P.) for small investors. Reupload of a previously uploaded film with improved video & sound. Public domain film from the Library of Congress Prelinger Archives, slightly cropped to remove uneven edges, with the aspect ratio corrected, and one-pass brightness-contrast-color correction & mild video noise reduction applied. The soundtrack was also processed with volume normalization, noise reduction, clipping reduction, and/or equalization (the resulting sound, though not perfect, is far less noisy than the original). http://creativecommons.org/licenses/by-sa/3.0/ http://en.wikipedia.org/wiki/Stock_market A stock market or equity market is a public entity (a loose network of economic transactions, not a physical facility or discrete entity) for the trading of company stock (shares) and derivatives at an agreed price; these are securities listed on a stock exchange as well as those only traded privately. The size of the world stock market was estimated at about $36.6 trillion at the beginning of October 2008. The total world derivatives market has been estimated at about $791 trillion face or nominal value, 11 times the size of the entire world economy. The value of the derivatives market, because it is stated in terms of notional values, cannot be directly compared to a stock or a fixed income security, which traditionally refers to an actual value... The stocks are listed and traded on stock exchanges which are entities of a corporation or mutual organization specialized in the business of bringing buyers and sellers of the organizations to a listing of stocks and securities together. The largest stock market in the United States, by market capitalization, is the New York Stock Exchange (NYSE)... Market participants include individual retail investors, institutional investors such as mutual funds, banks, insurance companies and hedge funds, and also publicly traded corporations trading in their own shares. Some studies have suggested that institutional investors and corporations trading in their own shares generally receive higher risk-adjusted returns than retail investors. Participants in the stock market range from small individual stock investors to large hedge fund traders, who can be based anywhere. Their orders usually end up with a professional at a stock exchange, who executes the order of buying or selling. Some exchanges are physical locations where transactions are carried out on a trading floor, by a method known as open outcry. This type of auction is used in stock exchanges and commodity exchanges where traders may enter "verbal" bids and offers simultaneously. The other type of stock exchange is a virtual kind, composed of a network of computers where trades are made electronically via traders. Actual trades are based on an auction market model where a potential buyer bids a specific price for a stock and a potential seller asks a specific price for the stock. (Buying or selling at market means you will accept any ask price or bid price for the stock, respectively.) When the bid and ask prices match, a sale takes place, on a first-come-first-served basis if there are multiple bidders or askers at a given price. The purpose of a stock exchange is to facilitate the exchange of securities between buyers and sellers, thus providing a marketplace (virtual or real). The exchanges provide real-time trading information on the listed securities, facilitating price discovery. The New York Stock Exchange is a physical exchange, also referred to as a listed exchange -- only stocks listed with the exchange may be traded. Orders enter by way of exchange members and flow down to a floor broker, who goes to the floor trading post specialist for that stock to trade the order. The specialist's job is to match buy and sell orders using open outcry. If a spread exists, no trade immediately takes place—in this case the specialist should use his/her own resources (money or stock) to close the difference after his/her judged time. Once a trade has been made the details are reported on the "tape" and sent back to the brokerage firm, which then notifies the investor who placed the order. Although there is a significant amount of human contact in this process, computers play an important role, especially for so-called "program trading". The NASDAQ is a virtual listed exchange, where all of the trading is done over a computer network. The process is similar to the New York Stock Exchange. However, buyers and sellers are electronically matched. One or more NASDAQ market makers will always provide a bid and ask price at which they will always purchase or sell 'their' stock...
Views: 1307 Jeff Quitney
more at http://money.quickfound.net/ "Cartoon promoting the stock market as the engine of America's prosperity." Reupload of a previously uploaded film with improved video & sound. Public domain film from the Library of Congress Prelinger Archives, slightly cropped to remove uneven edges, with the aspect ratio corrected, and one-pass brightness-contrast-color correction & mild video noise reduction applied. The soundtrack was also processed with volume normalization, noise reduction, clipping reduction, and/or equalization (the resulting sound, though not perfect, is far less noisy than the original). http://creativecommons.org/licenses/by-sa/3.0/ http://en.wikipedia.org/wiki/Stock_market ...The purpose of a stock exchange is to facilitate the exchange of securities between buyers and sellers, thus providing a marketplace (virtual or real). The exchanges provide real-time trading information on the listed securities, facilitating price discovery. The New York Stock Exchange is a physical exchange, also referred to as a listed exchange -- only stocks listed with the exchange may be traded. Orders enter by way of exchange members and flow down to a floor broker, who goes to the floor trading post specialist for that stock to trade the order. The specialist's job is to match buy and sell orders using open outcry. If a spread exists, no trade immediately takes place—in this case the specialist should use his/her own resources (money or stock) to close the difference after his/her judged time. Once a trade has been made the details are reported on the "tape" and sent back to the brokerage firm, which then notifies the investor who placed the order. Although there is a significant amount of human contact in this process, computers play an important role, especially for so-called "program trading". The NASDAQ is a virtual listed exchange, where all of the trading is done over a computer network. The process is similar to the New York Stock Exchange. However, buyers and sellers are electronically matched. One or more NASDAQ market makers will always provide a bid and ask price at which they will always purchase or sell 'their' stock. The Paris Bourse, now part of Euronext, is an order-driven, electronic stock exchange. It was automated in the late 1980s. Prior to the 1980s, it consisted of an open outcry exchange. Stockbrokers met on the trading floor or the Palais Brongniart. In 1986, the CATS trading system was introduced, and the order matching process was fully automated. From time to time, active trading (especially in large blocks of securities) have moved away from the 'active' exchanges. Securities firms, led by UBS AG, Goldman Sachs Group Inc. and Credit Suisse Group, already steer 12 percent of U.S. security trades away from the exchanges to their internal systems. That share probably will increase to 18 percent by 2010 as more investment banks bypass the NYSE and NASDAQ and pair buyers and sellers of securities themselves, according to data compiled by Boston-based Aite Group LLC, a brokerage-industry consultant. Now that computers have eliminated the need for trading floors like the Big Board's, the balance of power in equity markets is shifting. By bringing more orders in-house, where clients can move big blocks of stock anonymously, brokers pay the exchanges less in fees and capture a bigger share of the $11 billion a year that institutional investors pay in trading commissions... In 12th century France the courratiers de change were concerned with managing and regulating the debts of agricultural communities on behalf of the banks. Because these men also traded with debts, they could be called the first brokers. A common misbelief is that in late 13th century Bruges commodity traders gathered inside the house of a man called Van der Beurze, and in 1309 they became the "Brugse Beurse", institutionalizing what had been, until then, an informal meeting, but actually, the family Van der Beurze had a building in Antwerp where those gatherings occurred; the Van der Beurze had Antwerp, as most of the merchants of that period, as their primary place for trading. The idea quickly spread... In the middle of the 13th century, Venetian bankers began to trade in government securities. In 1351 the Venetian government outlawed spreading rumors intended to lower the price of government funds. Bankers in Pisa, Verona, Genoa and Florence also began trading in government securities during the 14th century... Italian companies were also the first to issue shares. Companies in England and the Low Countries followed in the 16th century. The Dutch East India Company (founded in 1602) was the first joint-stock company to get a fixed capital stock and as a result, continuous trade in company stock emerged on the Amsterdam Exchange. Soon thereafter, a lively trade in various derivatives, among which options and repos, emerged on the Amsterdam market. Dutch traders also pioneered short selling...
Views: 1896 Jeff Quitney
Financial News - Business News - Stock News - Market News - Stock Exchange CLICK HERE➡ ➡ http://FinancialBuzz.com Business News - Financial News - Stock News -- New York Stock Exchange -- Market News 2018 Business News - Financial News - Stock Exchange -- Wall Street -- Market News - New York Stock Exchange 2018 On Monday the PMI manufacturing index for June fell 1 point to 55.4, however, the ISM manufacturing index for June gained 1.5 points. Construction spending for May rose .4% on top of the prior month’s .9% gain. The battle between a strong economy and trade war worries kept market gains subdued, with the Dow Industrials closing 35 points higher. On Tuesday motor vehicle sales for June jumped 3.5% to an annualized 17.5 million units and factory orders for May rose .4% compared to a .4% decline a month ago. Tech shares declined sharply as Micron fell on the news that a Chinese court has temporarily banned the sale of Micron chips in China. Trading volume was very light as U.S. markets closed early. Wednesday, markets were closed for the fourth of July holiday. On Thursday the ADP employment report for June showed job growth of 177,000, while jobless claims for the week ending June 30th increased 3,000 to 231,000. The ISM non-manufacturing index for June rose one-half point to 59.1 and the EIA petroleum status report for the week ending June 29th showed crude oil inventory rising 1.2 million barrels. The FOMC released minutes from last month’s meeting showing that members intend to add an additional rate hike this year, for a total of two more. Inflation remains at the Fed’s 2% goal, although labor shortages are pushing up some wages. Markets rose strongly, with the Dow Industrials gaining 183 points, even though investors were nervous as U.S. trade sanctions with China were scheduled to begin on Friday. On Friday nonfarm payrolls for June increased a very strong 213,000 and the unemployment rate rose to 4%. Average hourly earnings increased .2%. Markets opened slightly higher on the news. Now let’s take a look at some stocks. Tesla Inc. (NASDAQ: TSLA) on Monday announced that it produced over 53,000 vehicles in the second quarter, up 55% from the previous quarter, and delivered over 40,000 vehicles. The electric vehicle maker almost tripled its Model 3 production during the second quarter. Tesla now expects to produce 6,000 Model 3 vehicles per week by August. Acxiom Corporation (NASDAQ: ACXM) shares jumped almost 30% in two days after Interpublic Group announced on Monday that it agreed to acquire the Acxiom Marketing Solutions business unit in a cash transaction valued at $2.3 billion. Interpublic expects the combination will result in attractive financial benefits and significant diversification. The transaction is anticipated to close before year-end 2018. Seadrill Limited (NYSE: SDRL) announced on Monday that it has emerged from chapter 11 bankruptcy after successfully completing its reorganization. The reorganization plan converted a significant amount of debt into equity and extended remaining debt maturities, providing the company with over $1 billion in fresh capital and leaving employee, customer, and ordinary trade claims largely unimpaired. Acuity Brands, Inc. (NYSE: AYI) announced on Tuesday that its fiscal third quarter net sales increased 5.9% percent to $944 million year-over-year. Operating profit declined 19.5% to almost $106 million year-over-year. Shares of Acuity Brands reached over $135 per share post announcement. AZZ Inc. (NYSE: AZZ) announced on Tuesday financial results for its fiscal first quarter. Revenue came in at $262 million, up 27.7% year-over-year, and net income increased 30.3% to $15.7 million, or $0.60 per diluted share, year-over-year. Shares of AZZ reached a new high of $52.40 on Thursday post announcement. © 2011 Financial Buzz. All rights reserved. No portion of FinancialBuzz.com may be duplicated, redistributed or manipulated in any form without our consent, violators will be prosecuted to the full extent of the law.
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June 10, 2016 Financial News - Business News - Stock Exchange - NYSE - Market News CLICK HERE➡ ➡ http://FinancialBuzz.com Business News - Financial News - Stock News -- New York Stock Exchange -- Market News 2016 Business News - Financial News - Stock Exchange -- Wall Street -- Market News - New York Stock Exchange 2016 On Monday, Fed Chair Janet Yellen gave a speech acknowledging last week’s job growth report was disappointing, but she also said there has been considerable progress in the labor market and it continues to strengthen. In addition, the Fed still needs to gradually raise rates over time, but she didn’t give a time frame. Markets ended the day up modestly, with the Dow Industrials gaining 113 points. On Tuesday, the revised nonfarm productivity for the first quarter decreased .6% and unit labor costs increased by 4.5%. U.S. crude futures settled at $50.36 a barrel, its first settle above $50 since last July, and the yield on 10 year notes closed at 1.71%. On Wednesday, the JOLTS job openings report for April rose 2% to 5.8 million and the EIA petroleum status report for the week ending June 3rd, showed crude oil inventories falling by 3.2 million barrels. Markets rallied and were trading near their highest levels since last summer. On Thursday, jobless claims for the week ending June 4th fell 4,000 to 264,000. Billionaire investor George Soros placed large bearish investments in the gold sector due to his concerns over the outlook of the global economy. On Friday markets opened sharply lower as global interest rates declined, and the price of crude oil fell below $50 a barrel. Shares of Lululemon Athletica Inc. (NASDAQ: LULU) jumped 5% after the company reported quarterly earnings on Wednesday. Numbers were mixed with the yoga-wear maker posting a 5% decline in profits from the same period last year as a result of an increase in general and administrative expenses. Revenue, however, increased by 17% to $495 million, and inventory problems are now under control, removing a drag on the business. VeriFone Systems Inc. (NYSE: PAY) shares dove more than 20% after the maker of payment-systems reported disappointing quarterly earnings, announced layoffs and reduced its annual forecasts. VeriFone reported profit of $0.47 cents per share on sales of $526 million; however, analysts expected earnings of $0.52 cents a share on sales of $530 million. Valeant Pharmaceuticals (NYSE: VRX) shares continued falling this week, after reporting earnings, and lowering its projections. The company now expects to earn about $4.9 billion in 2016 adjusted earnings before interest, taxes, depreciation and amortization, down from its earlier projection of $5.8 billion. Tailored Brands Inc.’s (NYSE: TLRD) shares tumbled 22% following another disappointing earnings report. The Men’s Wearhouse segment is struggling amid a difficult retail environment. Comparable sales at Men’s Wearhouse—the company’s largest brand—declined 3.5%. The company claims that fewer customers bought less items. Jos. A. Bank, another brand under Tailored Brands, recorded a 16% drop in comparable sales on a decrease in transactions. Tesla (NASDAQ: TSLA) announced plans to make a cheaper version of the model S, to be called the 60, and will be priced at $66,000 and have a range of 210 miles per charge, about double the range of electric cars from other car makers. The company wants the luxury electric car to be available to a wider consumer base. © 2011 Financial Buzz. All rights reserved. No portion of FinancialBuzz.com may be duplicated, redistributed or manipulated in any form without our consent, violators will be prosecuted to the full extent of the law.
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Join my stock membership group https://stock-market-mastery-group.teachable.com/p/stock-market-mastery-course Use the Code 7Days for 50 percent of. 1 year membership https://stock-market-mastery-group.teachable.com/purchase?product_id=816238. https://www.investopedia.com/news/citron-calls-stock-poster-child-cannabis-bubble/ https://www.newcannabisventures.com/aurora-cannabis-appears-headed-to-the-new-york-stock-exchange/ Big stock market news Aurora moving the the NYSE short for New york stock exchange
Views: 2554 Cyberworld 7 - Stock Market Millionaire
Lauren Simmons: 10 Things You Didn't Know www.blackexcellist.com ---------------------------------------------- Business Inquiries, Partnerships, & Suggestions [email protected] **** Please visit our Sponsor for this video *** ** HAYDEN T. JOSEPH & COMPANY ** International Tax Consultants ** Visit their website @ www.htj.tax Support the Movement w/$25 http://paypal.me/blackexcellist/25 ---------------------------------------------- SUBSCRIBE TODAY https://www.youtube.com/channel/UC6B1AMy9JwdbsLYhPxOpQtg?sub_confirmation=1 FOLLOW US ON SOCIAL MEDIA IG: http://www.instagram.com/blackexcellist TWITTER: http://www.twitter.com/blackexcellist FACEBOOK: http://www.facebook.com/blackexcellist ---------------------------------------------- Music Credit: Say Good Night - Joakim Karud Info Sources: BBC.com, CNBC.com, BlackEnterprise.com, Essence.com, LASentinel.net, ---------------------------------------------- The NYSE trading floor represents American capitalism and is the most familiar symbols of American Business. It’s challenging enough working in an arena that prides itself on managing other people’s money and predicting the future, but imagine what it’s like to be the *only* woman on staff… That's the case for NYSE trader Lauren Simmons. This young trailblazer is leveraging her confidence and passion to climb the ranks in a male-dominated arena. Simmons says the financial services industry still has a long way to go to create workplaces that are welcoming to women. But she is making her mark on Wall Street and is truly an inspiration for all young women in business and finance. ----------------------------------------------------- BLACKEXCELLIST.COM We are the largest community of Black Excellence Enthusiasts in the world. We celebrate Black Excellence, Opulence, and Affluence as we enlighten and inspire you.
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The future of finance is coming into focus. Take a peek with Jamil Nazarali, Head of Citadel Execution Services, as he explains our recent deal at the New York Stock Exchange. Then check out our career opportunities at http://www.citadel.com/careers/open-positions/
Views: 3095 Citadel
TheStreet's founder and Action Alerts PLUS Portfolio Manager Jim Cramer analyzes Friday's trending stocks from the floor of the New York Stock Exchange including Boeing, Tesla and Costco. You can also find us on... SUBSCRIBE | http://t.st/TheStreetTV FACEBOOK | https://www.facebook.com/TheStreet/ TWITTER | http://twitter.com/thestreet PODCASTS | https://soundcloud.com/thestreetlive THESTREET.COM | https://www.thestreet.com/ LINKEDIN | http://linkedin.com/company/theStreet INSTAGRAM | https://www.instagram.com/thestreet/?hl=en Sign up for ActionAlertsPlus.com today for exclusive insight into Jim Cramer’s charitable portfolio: https://buff.ly/2mfp4Vy
Views: 3872 TheStreet: Investing Strategies
September 2, 2016 Financial News - Business News - Stock Exchange - NYSE - Market News CLICK HERE➡ ➡ http://FinancialBuzz.com Business News - Financial News - Stock News -- New York Stock Exchange -- Market News 2016 Business News - Financial News - Stock Exchange -- Wall Street -- Market News - New York Stock Exchange 2016 On Monday personal income for July was up .4% on top of the prior month’s .3% gain, while consumer spending was up .3% on top of the prior month’s .5% gain. The PCE price index remained unchanged. On Tuesday, the Case-Shiller home price index for June fell by .1%. This was in addition to the prior month’s .1% decline. Consumer confidence for August was up 4.4 points to 101.1. On Wednesday, the ADP employment report for August showed private payrolls grew 177,000 on top of the prior month’s 194,000 gain. The pending home sales index for July jumped 1.3% and the EIA petroleum status report for the week ending August 26th showed an increase of 2.3 million barrels. This unexpected increase in stockpiles prompted U.S. crude futures to fall 3.5% to $44.70 a barrel, and the Dow Industrials fell slightly on the news. On Thursday, jobless claims for the week ending August 27th rose 2,000 to 263,000 and nonfarm productivity for the second quarter dropped .6%, while unit labor costs rose 4.3%. The ISM manufacturing index for August was disappointing, coming in at 49.4, in contraction territory, and its weakest number since January. On Friday, the highly anticipated jobs report came out and it disappointed. For the month of August nonfarm payrolls increased by 151,000 falling short of analysts’ expectations of 175,000. The unemployment rate held steady at 4.9%. Markets were up modestly on the news. Now let’s take a look at some stocks. Shares of the Palo Alto Networks Inc. (NYSE: PANW) are down about 9% after the cyber security company reported earnings for their 4th quarter fiscal year and slightly lowered guidance for the first quarter. The company expects sales of about $399 million for the current quarter ending October 31st. This is an increase of 34% year over year, however, less than the $403 million analysts’ consensus. Shares of Veeva Systems Inc. (NYSE: VEEV) surged after the company posted fiscal second-quarter earnings of 15 cents per share on revenue of $131 million. Analysts expected 13 cents a share on revenue of $127 million. The European Commission has ruled against Apple (NASDAQ: AAPL), ordering the technology giant to pay Ireland an amount of unpaid taxes equivalent to 13 billion euros, or $14.5 billion. As a result, U.S. stocks opened lower Tuesday as Apple dragged down the tech sector. Salesforce.com (NYSE: CRM), the cloud computing solutions provider, reported profit of 33 cents per share. The results beat Wall Street expectations, however, the stock was down about 6% as the company reported lower than expected guidance, of about $2.11 billion, slightly lower than analysts’ expectations. Shares of Lululemon Athletica Inc. (NASDAQ: LULU) fell more than 8% after the company released earnings on Thursday. Earnings met expectations, however, guidance for the 3rd quarter was lower than expected. Lululemon projected about 43 cents per share in earnings and projected about $540 million in revenue. © 2011 Financial Buzz. All rights reserved. No portion of FinancialBuzz.com may be duplicated, redistributed or manipulated in any form without our consent, violators will be prosecuted to the full extent of the law.
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February 6, 2015 Financial News - Business News - Stock Exchange - NYSE - Market News CLICK HERE➡ ➡ http://FinancialBuzz.com Business News - Financial News - Stock News -- New York Stock Exchange -- Market News 2015 Business News - Financial News - Stock Exchange -- Wall Street -- Market News - New York Stock Exchange 2015 On Monday, the Institute for Supply Management’s January index dropped 1.6 points to 53.5, weaker than expected. Personal income for December rose .3% month to month while consumer spending dropped .3% month to month. Markets were down until oil prices rose, sparking a rally that ended with the Dow Industrials up 196 points. On Tuesday, factory orders for December fell sharply by 3.4%, marking the 5th straight decline. However, the motor vehicle sales report for January was released, and those numbers came in slightly ahead of expectations, at 16.7 million units. That, combined with continuing increases in the price of crude oil, gave markets a huge boost, with the Dow Industrials closing up 305 points, or 1.8%. On Wednesday, ADP released their employment report for January, and it came in at 213,000, down 28,000 and below expectations. The European Central Bank also tightened collateral requirements for Greek debt, forcing Greek banks to obtain funding at higher rates. This news caused stocks to end mostly lower on the day. On Thursday, jobless claims for the week ending January 31st were 278,000, up 11,000, but below expectations, and the U.S. trade deficit increased unexpectedly to a two-year high of $46.6 billion, due to less demand from overseas markets and the increased strength of the U.S. dollar. Oil rallied, and along with it, the Dow Industrials closed up 211 points. On Friday, the nonfarm payroll for January was released, and it came in at 257,000 jobs, higher than expectations and the unemployment rate rose .1% to 5.7%. February 6, 2015 Weekly Stock Market Wrap-up: Staples (NASDAQ: SPLS) Office Depot (NASDAQ: ODP) Chipotle Mexican Grill (NYSE: CMG) Disney (NYSE: DIS) Business News - Financial News - Stock Exchange - New York Stock Exchange -- Wall Street -- Market News 2015 http://www.financialbuzz.com financial news, financial stock news, business news, stock news, financial news today, stock news today 2015, financial news now, stock news now, stock news, business news, financial news, © 2011 Financial Buzz. All rights reserved. No portion of FinancialBuzz.com may be duplicated, redistributed or manipulated in any form without our consent, violators will be prosecuted to the full extent of the law
Views: 7485 FinancialBuzzMedia