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BUSINESS
March 19, 2008
NYSE Euronext Shares climbed $5.73 to finish at $62.19 yesterday. It will buy back up to $1 billion of its common stock even as it pursues its planned acquisition of the American Stock Exchange.
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BUSINESS
March 19, 2008
NYSE Euronext Shares climbed $5.73 to finish at $62.19 yesterday. It will buy back up to $1 billion of its common stock even as it pursues its planned acquisition of the American Stock Exchange.
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BUSINESS
November 17, 2004
LOCALLY Micros Systems Inc. On Monday, Micros options began trading on the American Stock Exchange. Yesterday, shares of the Columbia-based company, which makes information systems for the hospitality industry, lost $1.30, or 1.9 percent, to $67.49. NATIONALLY Staples Inc. The world's top office supplies retailer posted third-quarter earnings yesterday that were 26 percent higher than earnings a year ago, saying it sold more of its own products and benefited from strong demand for back-to-school items such as calculators and notebooks.
BUSINESS
November 17, 2004
LOCALLY Micros Systems Inc. On Monday, Micros options began trading on the American Stock Exchange. Yesterday, shares of the Columbia-based company, which makes information systems for the hospitality industry, lost $1.30, or 1.9 percent, to $67.49. NATIONALLY Staples Inc. The world's top office supplies retailer posted third-quarter earnings yesterday that were 26 percent higher than earnings a year ago, saying it sold more of its own products and benefited from strong demand for back-to-school items such as calculators and notebooks.
BUSINESS
By Mark Ribbing and Mark Ribbing,SUN STAFF | May 22, 1999
Carnegie International Corp., a Hunt Valley holding company that specializes in telecommunications, said yesterday that it is moving to resolve a regulatory wrangle that has held up trading in the company's stock since April 30.Carnegie said it is "in the final process" of addressing Securities and Exchange Commission questions about the manner in which Carnegie accounted for a transaction made last year.The company had previously said little about the reasons behind its trading suspension, which began just after the company was listed on the American Stock Exchange.
BUSINESS
By Shanon D. Murray and Shanon D. Murray,SUN STAFF | March 25, 1999
Polk Audio Inc., a Baltimore-based maker of loudspeaker systems, said yesterday that it is going private, and will delist itself from the American Stock Exchange after it completes a buyback of outstanding shares.Polk decided to go private primarily because of its small stockholder base and its stock's infrequent trading activity on the exchange, Polk officials said.The company engineers and manufactures loudspeaker systems for the home and automotive markets. It sells directly through specialty retailers in the United States, Canada, Britain and Germany, and through distributors in about 45 countries.
BUSINESS
By Greg Schneider and Greg Schneider,SUN STAFF | October 28, 1999
Environmental Elements Corp. said yesterday that it will begin trading on the American Stock Exchange instead of the New York Stock Exchange on Nov. 1, and that it expects to post a loss for the second quarter of its fiscal year.The Baltimore-based pollution control company is making the market switch because it does not expect to meet a new NYSE criterion that requires member companies to have market capitalization and shareholder equity of at least $50 million within one year."It's the equity component, not the market cap component, that causes the problem," said E. H. Verdery, chairman and chief executive officer.
NEWS
January 13, 2001
Dr. Alexandra Adler, 99, a neurologist and psychiatrist who was an expert on brain trauma, died Jan. 4 in New York. Dr. Adler wrote papers on subjects ranging from alcoholism to juvenile delinquency, and she was among the first to write a detailed analysis of post-traumatic stress disorders. Her study was based on work with survivors of the Coconut Grove nightclub fire in Boston in 1942 that killed nearly 500 people, and she was later able to apply her findings to the treatment of World War II veterans.
BUSINESS
By BLOOMBERG BUSINESS NEWS | May 31, 1996
WASHINGTON -- The National Association of Securities Dealers said yesterday that automated trading halts should occur only if the market falls 500 points or more, considerably more than the current threshold.At present, a 250-point decline in the Dow Jones industrial average from the previous day's close triggers so-called "circuit breakers" that halt trading for an hour.The circuit breakers halt trading for two hours if the industrial average, composed of 30 blue-chip stocks, goes down 400 points.
BUSINESS
By BLOOMBERG NEWS | July 23, 2004
KANSAS CITY, Mo. - J.P. Morgan Chase & Co.'s buyout unit agreed yesterday to acquire a majority stake in AMC Entertainment Inc. for $2 billion and plans to take the movie chain private. Marquee Holdings Inc., a joint operation of private equity firm J.P. Morgan Partners LLC and AMC's current majority owner, Apollo Management LP, plans to buy the company and take it private, paying stockholders $19.50 per share for 50.1 percent of AMC, the companies said. The New York bank also will assume $748 million in debt.
BUSINESS
By BLOOMBERG NEWS | July 23, 2004
KANSAS CITY, Mo. - J.P. Morgan Chase & Co.'s buyout unit agreed yesterday to acquire a majority stake in AMC Entertainment Inc. for $2 billion and plans to take the movie chain private. Marquee Holdings Inc., a joint operation of private equity firm J.P. Morgan Partners LLC and AMC's current majority owner, Apollo Management LP, plans to buy the company and take it private, paying stockholders $19.50 per share for 50.1 percent of AMC, the companies said. The New York bank also will assume $748 million in debt.
NEWS
January 13, 2001
Dr. Alexandra Adler, 99, a neurologist and psychiatrist who was an expert on brain trauma, died Jan. 4 in New York. Dr. Adler wrote papers on subjects ranging from alcoholism to juvenile delinquency, and she was among the first to write a detailed analysis of post-traumatic stress disorders. Her study was based on work with survivors of the Coconut Grove nightclub fire in Boston in 1942 that killed nearly 500 people, and she was later able to apply her findings to the treatment of World War II veterans.
BUSINESS
By Greg Schneider and Greg Schneider,SUN STAFF | October 28, 1999
Environmental Elements Corp. said yesterday that it will begin trading on the American Stock Exchange instead of the New York Stock Exchange on Nov. 1, and that it expects to post a loss for the second quarter of its fiscal year.The Baltimore-based pollution control company is making the market switch because it does not expect to meet a new NYSE criterion that requires member companies to have market capitalization and shareholder equity of at least $50 million within one year."It's the equity component, not the market cap component, that causes the problem," said E. H. Verdery, chairman and chief executive officer.
BUSINESS
By Mark Ribbing and Mark Ribbing,SUN STAFF | May 22, 1999
Carnegie International Corp., a Hunt Valley holding company that specializes in telecommunications, said yesterday that it is moving to resolve a regulatory wrangle that has held up trading in the company's stock since April 30.Carnegie said it is "in the final process" of addressing Securities and Exchange Commission questions about the manner in which Carnegie accounted for a transaction made last year.The company had previously said little about the reasons behind its trading suspension, which began just after the company was listed on the American Stock Exchange.
BUSINESS
By Shanon D. Murray and Shanon D. Murray,SUN STAFF | March 25, 1999
Polk Audio Inc., a Baltimore-based maker of loudspeaker systems, said yesterday that it is going private, and will delist itself from the American Stock Exchange after it completes a buyback of outstanding shares.Polk decided to go private primarily because of its small stockholder base and its stock's infrequent trading activity on the exchange, Polk officials said.The company engineers and manufactures loudspeaker systems for the home and automotive markets. It sells directly through specialty retailers in the United States, Canada, Britain and Germany, and through distributors in about 45 countries.
BUSINESS
By BLOOMBERG NEWS | December 23, 1997
NEW YORK -- U.S. stocks rose yesterday for the first time in four sessions, led by Intel Corp. and other computer-related shares that recently lagged behind the market."
BUSINESS
By New York Times | March 29, 1991
NEW YORK -- Stocks seesawed yesterday, ending in a small decline, as many traders took the day off in advance of Good Friday and activity dropped to its lowest level since late January.The Dow Jones industrial average, which twice during the day eked out a 10-point gain, ended at 2,913.86, down 3.71 points. But for the holiday-shortened week it rose 54.95.The market is closed today in observance of Good Friday.The Standard & Poor's 500-stock index and the Nasdaq composite index also posted tiny losses on the day, showing the decline, however small, was widespread.
BUSINESS
By ASSOCIATAED PRESS | May 20, 1991
NEW YORK (AP) -- The stock market wavered in a narrow range today as investors awaited signs of the next move in interest rates.The Dow Jones average of 30 industrials inched up 3.13 points to 2,889.76 in the first hour of trading.Losers outnumbered gainers by about 10 to 9 in the early tally of New York Stock Exchange-listed issues, with 441 up, 492 down and 541 unchanged.Volume on the Big Board came to 13.97 million shares as of 10:30 a.m. on Wall Street.Analysts said the near-term course of interest rates was likely to be determined by how well the credit markets digest a big menu of new Treasury securities this week.
BUSINESS
By BLOOMBERG NEWS | September 24, 1997
NEW YORK -- U.S. stocks fell yesterday amid reports of weaker-than-expected earnings from Aetna Inc., Data General Corp., Delta Air Lines Inc. and Micron Technology Inc.The Dow Jones industrial average fell 26.77 to 7,970.06. Union Carbide Corp., which warned of a profit shortfall last week, led the 30-company average lower, falling $1.6875 to $47.3125.The Nasdaq composite index rose 7.91, or 0.5 percent, to 1,697.36, a record, led by Intel Corp., up $2.75 to $99.125, and Microsoft Corp., up $2.1875 to $135.
BUSINESS
By BLOOMBERG NEWS | February 26, 1997
NEW YORK -- U.S. stocks rose for a second day yesterday, led by retailers after surprisingly strong earnings from Wal-Mart Stores Inc. and Home Depot Inc.The Dow Jones industrial average rose 29.63 to 7,037.83, led by Minnesota Mining & Manufacturing Co., after being down 35. Merck & Co. helped spark the rebound after announcing that it would buy back as much as $5 billion in stock, shrinking a $2.375 loss to close at $97.75, down 62.5 cents.The S&P 500 index rose 1.75 to 812.03, and the Nasdaq composite index rose 2.61 to 1,347.
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