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SeaWorld stock surges in 1st day on NYSE

Seaworld - AP

SeaWorld Entertainment Inc.'s stock surged in its first day of trading on the New York Stock Exchange. The owner of theme parks famous for water shows featuring killer whales and dolphins jumped $5.29, or 19.6 percent, to $32.29 in afternoon trading, after the company and its backers raised $702 million.

 

Duncan Hines parent Pinnacle's shares jump in market debut

Shares of Pinnacle Foods Inc (PF.N), owner of the Birds Eye and Duncan Hines brands, rose 13.7 percent in their New York Stock Exchange debut on Thursday. The stock was trading at $22.73 after the company backed by Blackstone Group LP (BX.N) raised $580 million in its initial public offering.

 

Stocks fall as hopes for a budget deal fade

Stocks are closing lower on concern that lawmakers will run out of time to reach a budget deal before year-end.

 

The Takeover of the NYSE Signals The Age of Derivatives Over Stocks

...Today, as individual investors buy and sell common stocks less and less, the transaction symbolizes the rapidly advancing utilization of vehicles that are too esoteric for the general public to comprehend– futures contracts and options on the direction of interest rates, or oil and natural gas prices, or metals and agricultural products like wheat and corn, or precious metals like gold and silver, and especially credit instruments like mortgages and bank loans.

 

Intercontinental Exchange to buy NYSE for $8.2B

NYSE

The New York Stock Exchange is being sold to a little-known rival in Atlanta for about $8 billion, ending more than two centuries of independence for the iconic Big Board. The buyer, IntercontinentalExchange, a 12-year-old exchange that deals in investing contracts known as futures, said Thursday that little would change for the trading floor in Manhattan's financial district.

 

Facebook Makes Nasdaq-100 Debut

Facebook joins the Nasdaq-100 Index, a move accelerated by the departure of Infosys, which is moving to the New York Stock Exchange.

 

New York struggles back 2 days after killer storm

Flights resumed, but slowly. The New York Stock Exchange got back to business, but on generator power. And with the subways still down, great numbers of people walked across the Brooklyn Bridge into Manhattan in a reverse of the exodus of 9/11....

 

Trulia IPO on Thursday

Trulia IPO

San Francisco-based online real-estate listing firm, Trulia, is expected to begin trading on the New York Stock Exchange this coming Thursday, Sept. 20, under the ticker, TRLA, according to a report. The company plans to sell 6 million shares with a price range of between $14 and $16 a share.

Senh: Hmm... Another internet company burning cash and going ipo.

 

Occupy Wall Street movement: Spent after first year?

Occupy Wall Street

Occupy encampments have closed, but some argue the movement has made a lasting mark... But as the last of its urban encampments close and interest wanes in a movement without an organizational hierarchy or an action agenda, it's unclear whether Occupy's first birthday will be its last.

 

Occupy Wall Street plans to surround NYSE to mark anniversary

Occupy Wall Street

Occupy Wall Street marks its first anniversary on Monday, and, in a bid to rejuvenate a movement that has failed to sustain momentum after sparking a national conversation about economic inequality last fall, activists plan once again to descend on New York's financial district.

Senh: I thought this movement was dead. It certainly didn't make as much of an impact as the Tea Party.

 

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