“I think a lot of innovation comes from smaller companies, this will be an even bigger trend in the future,” says Fibrocell CEO Pernock, whose own company is focused on treatments for skin diseases and conditions.
From The Trading Floor: Equities are trading in positive territory this morning as investors await, the Fed’s decision as to whether they taper now or later.
Mortgage applications for the week ending December 13th declined by -5.5%
The pace of home construction reached more than a 5 year high in November, jumping 22.7% as builder’s boosted inventory to keep pace with demand
Permits for future building projects held near a 5 year high, indicating the pickup will be sustained into 2014
The Senate has voted 67-33 to restrict the debate on the bipartisan budget bill that has already passed in the House, thereby ensuring that opponents can't use a filibuster to stop it. The Democrat-led chamber is now expected to approve the budget legislation in a vote that could take place today.
FOMC rate decision is at 2:00 PM
AMC priced 18.4 million shares at $18. The opening price was $19.18...
On 25 January 2013, executives and guests of Orascom Construction Industries (OCI) rang the opening bell to celebrate the Company’s successful listing in Amsterdam on Euronext.
Egyptian construction group Orascom Construction S.A.E. sought to reincorporate in the Netherlands and list its securities on the Euronext markets under OCI N.V. to allow for increased share liquidity, attract a wider investor base, raise the Company’s credit profile and generate more growth opportunities. OCI N.V. (ticker symbol: OCI) was admitted to the Euronext markets by the direct listing of up to 208,938,419 shares, valuing the Company at US$8.4 billion/ €6.2 billion with a reference price of $40 per share. Since listing, OCI has benefited from an increase in liquidity with a peak in volume in July with a...
AMC Theatres (AMC), a customer experience leader for movie-going, will visit the New York Stock Exchange (NYSE) on Wednesday, Dec. 18 to mark the company’s completion of its initial public offering and first day of trading. AMC will begin trading on the NYSE today under the ticker symbol “AMC.”
To celebrate the company’s debut on the NYSE, AMC will bring the movie theatre experience to the NYSE by serving popcorn and soda to the trading floor community and displaying its latest theatre seating on the trading floor. President and CEO Gerry Lopez, joined by members of the company’s management team, will ring the NYSE Opening...
Ahead of the Bell: Dow futures are trading up 34 points and S&P futures are trading up 3 points. The spotlight will be on the Federal Reserve today as market participants await the central bank's decision on its $85 billion a month stimulus program, which has pumped cheap money into the global monetary system for the last five years. A string of improving economic data in the past few weeks is expected to dominate the Fed's decision as investors cautiously trade into safer asset classes. The FOMC will decide whether the economy is finally resilient enough to withstand less monetary support, or if it is prudent to wait until March to taper. Germany reported business confidence in Europe's biggest economy hit its highest level this month since April 2012, a sign that economic growth could accelerate in 2014.
On the economic calendar today, November housing starts will be...