Stock Market

1:19am

Wed September 18, 2013
Sweetness And Light

More Than Average: Dow Jones Adds The 'Swoosh'

Originally published on Wed September 18, 2013 2:01 pm

Don Ryan AP

After 117 years, sports has finally made it to the big time, when, starting next Tuesday, a sports company will be included in the Dow Jones averages.

The Dow Jones, of course, has always preferred very serious corporations –– your banks, your automotives, your insurers. OK, the movies were allowed in 1932 with the inclusion of Loews, and Walt Disney was brought onboard in 1991, but sports was never considered substantial enough for an industrial average until now, when Nike has been ordained.

Yes, Dow Jones has the swoosh.

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3:32pm

Thu September 12, 2013
Business

Twitter Says It Intends To Go Public

Originally published on Thu September 12, 2013 3:45 pm

In this Nov. 8, 2011, photo, NASA fan David Parmet signs his name on a Twitter logo during a tweetup event for about 50 of NASA's Twitter followers at the Langley Research Center in Hampton, Va.
Brock Vergakis AP

After much speculation, Twitter announced its intention to be traded as a public company, on Thursday.

Naturally, the 200-million-user microblogging service made the announcement through a tweet:

While pondering an announcement, USA Today reported that this initial public offering would be watched very carefully by other tech companies looking to take the plunge. The paper added:

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8:31am

Tue September 10, 2013
Business

Alcoa's Out & Nike's In As Dow Industrials Gets A Facelift

Originally published on Tue September 10, 2013 9:36 am

The Nike "swoosh" on a store in Orlando, Fla.
Getty Images

There aren't many better signs of how much the U.S. economy has changed in recent decades or how some companies are faring than this news:

Alcoa, Hewlett-Packard and Bank of America are being dropped from the Dow Jones Industrial Average in favor of Nike, Visa and Goldman Sachs.

The changes take effect when trading opens on Sept. 23.

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1:50pm

Thu August 29, 2013
Business

Nasdaq Gives Detail On Cause Of Last Week's Trading Halt

People in New York City walk by the Nasdaq stock market one day after the the electronic exchange experienced a a three-hour trading delay due to a technical problem.
Spencer Platt Getty Images

11:22am

Thu August 22, 2013
Business

Nasdaq Resumes Trading After Halt For Technical Problem

Originally published on Thu August 22, 2013 4:16 pm

Andrew Burton Getty Images

(This post was last updated at 6:14 p.m. ET)

Nasdaq has resumed trading in all securities following a prolonged halt Thursday afternoon caused by a technical glitch.

"NASDAQ will first re-open trading in symbols ZVZZT and AAIT with a 15-minute quoting period beginning at 14:30, with trading beginning at approximately 14:45. All other securities will then be released at 14:55 with a 15-minute quote only period with trading resuming at approximately 15:10," the exchange said in a statement.

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