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Governance & Proxy
Mar 4 2014 | 6:06 PM | Posted by:

Each year, investors file shareholder proposals with public companies to requesting that their proposals be included for a vote at the next annual meeting of shareholders. 

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Asia Pacific Markets
Jan 29 2014 | 5:24 PM | Posted by:

Even as an improving US economy sparked renewed interest in US stocks last year, trading in international equities listed on NYSE markets remained solid, approaching $3.1 trillion.

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The Latest Posts
April 17, 2014
End of Day Report
Apr 9 2014 | 5:08 PM

Investors pressed their bullish bets on Wednesday, with the Dow gaining 181 points after minutes from the Federal Reserve’s most recent meeting revealed policy makers dropped a jobless-rate target for raising interest rates during a secret meeting in early March.  Most S&P 500 sectors finished higher, with Healthcare and Materials topping gains.  Telecomm and Utilities declined.  Gold and Oil edged higher amid another sharp drop in the dollar.  

The release of March FOMC minutes indicated members saw highly accommodative policy as needed for the next few years.  The news provided some additional support for stocks, pressing the Dow about 75 points after the release.  Treasuries reversed course, with most of the curve recovering earlier losses.

The dollar rebounded in early trade after one of its worst performances against the yen on Tuesday, however, the picture changed dramatically after the FOMC announcement, prompting a sharp drop...

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Market Watch & Corporate Actions Specialist, Global Corporate Client Group
The Bell
Apr 9 2014 | 5:06 PM

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Executives and guests of Scottsdale, Ariz.-based Taylor Morrison, visited the New York Stock Exchange (NYSE).

To mark the occasion, Sheryl Palmer, President and CEO of Taylor Morrison, joined by members of the company’s management team, rang the Closing Bell.

About Taylor Morrison (NYSE: TMHC)

Headquartered in Scottsdale, Arizona, the Company operates in the U.S. under the Taylor Morrison and Darling Homes brands and in Canada under the Monarch brand. Taylor Morrison is a land developer and builder of single-family detached and attached homes serving a wide array of customers from...

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The Bell
Apr 9 2014 | 11:27 AM
 

Irving, Texas-based La Quinta Holdings Inc., a leading owner, operator and franchisor of select-service hotels primarily serving the midscale and upper-midscale segments under the La Quinta brand, will visit the New York Stock Exchange (NYSE) on Wednesday, April 9 to celebrate the company’s completion of its initial public offering and first day of trading. La Quinta Holdings will begin trading on the NYSE today under the ticker symbol “LQ.”

To highlight this company milestone, President and CEO and President Wayne B. Goldberg, joined by members of La Quinta Holdings’ leadership team, will ring the NYSE Opening Bell and...

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NYSE MAC Desk
Apr 9 2014 | 10:08 AM

From The Trading Floor: Equities are trading higher this morning after the S&P snapped a 3 day decline and as Alcoa’s profit and forward looking outlook exceeded expectations



  • Mortgage Applications for the week ending April 4th declined -1.6%

  • Wholesale Inventories came in at 0.5%, matching estimates.

  • The eight largest U.S. banks will have to hold another $68B in loss-absorbing capital after U.S. regulators voted to raise the "leverage ratio" to 5-6% of their total assets, well above the Basel III standard of 3%.

  • Profits that major U.S. corporations have parked overseas in order to avoid taxes at home jumped 93% to $2.1T in 2008-2013

  • Alcoa reports Q1 adjusted EPS 9c, consensus 5c. Reports Q1 revenue $5.5B, consensus $5.55B

  • La Quinta Holdings (LQ) priced 37.2 million shares at $17. It opened at $16.75 on a print of 3,897,971 shares.

  • The Fed will release the...
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Posted by: Charles Brown
Managing Director, The Capital Markets Desk
Ahead of the Bell
Apr 9 2014 | 8:10 AM

Ahead of the Bell: Dow futures are trading up 24 points and S&P futures are trading up 2 points.  Investors’ appetite for emerging market risk appear to outweigh escalating tensions in the Ukraine and tempered expectations of a new bond-buying program by the European Central Bank. Speculation that China could be readying new stimulus measures has helped pushed emerging markets to a 6-month high, largely ignoring geopolitical events in the Ukraine. The International Monetary Fund forecast that the global recovery would strengthen this year and in 2015 as output from developing nations pick up. Alcoa reported first quarter earnings after the closing bell on Tuesday and the Aluminum maker beat analysts’ expectations.


 



  • On the...
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Posted by: Parasnand Madho
Director, Market Watch & Corporate Actions