Apr 2 2014 | 10:20 AM
Executives and guests of Los Angeles-based Rubicon Project, which operates one of the advertising industry’s largest, fastest independent real-time trading platforms for buying and selling digital advertising, will visit the New York Stock Exchange (NYSE) to celebrate the company’s completion of its initial public offering and first day of trading. Rubicon Project will begin trading today on the NYSE under the ticker symbol “RUBI”.
To mark this milestone, Frank Addante, CEO, Founder and Chief Product Architect, Greg Raifman, President, and Todd Tappin, COO and CFO, will ring the NYSE Opening Bell.
About Rubicon Project (NYSE: RUBI)
Rubicon Project is a technology company on a mission to automate the buying and selling of advertising. The company’s automated advertising platform is used by more than 700 of the world’s publishers and applications to transact with buyers representing over 100,000 advertising brands globally. A company...
Apr 2 2014 | 10:17 AM
From The Trading Floor: Equities are trading in measured territory this morning after the S&P hit new record highs yesterday as ADP Employment came in better than the previous period but lower than forecast
- Mortgage Applications fell by -1.2% for the week ending March 28th. This is the 7th consecutive non holiday week where applications declined.
- ADP Employment for March came in at 191,000, slightly lower than the forecasted 195,000, but well ahead of the previous revised number of 178,000.
- March New York City Business conditions fell to 52 from 57 in February
- Factory Orders for February increased to 1.6%
- TriNet’s March SMBeat report (which tracks post recession employment trends in small business since 2009) shows that jobs in the areas of sales and marketing experienced the greatest average annual growth since 2009 with a 25% annualized increase. Jobs in the operations field...
Managing Director, The Capital Markets Desk
Apr 2 2014 | 8:15 AM
Ahead of the Bell: Dow futures are trading up 5 points and S&P futures are trading up 2 points. Global financial markets are on the rebound after faltering in the first quarter as sluggish economic growth in China and the threat of deflation in Europe are considered favorable conditions, bolstering the case for more stimulus. Investors are speculating the European Central Bank will loosen its monetary policy after its meeting on Thursday. However, traders remain cautious ahead of US jobs numbers on Friday which could also move markets significantly. Reports suggest China is speeding up infrastructure spending and several Chinese cities have relaxed restrictions on housing ownership. The geo-political tug-of-war over Ukraine appears to have calmed, but NATO is reinforcing its defenses in neighboring countries with Russia, which includes sending US fighter jets to Poland.
Director, Market Watch & Corporate Actions
Apr 2 2014 | 7:14 AM
On Wednesday 2 April 2014 celebrated Euronext World Autism Awareness Day with a Global Bell Ringing in all its locations (New York, Amsterdam, Paris and Brussels).
For this special day, Minister for Health, Social Affairs and Equal Opportunity of the Wallonian Government, Eliane Tillieux, rang the Opening Bell at Euronext Brussels. Representatives of Autism-Europe, Vlaamse Vereniging Autisme, APEPA! and Association Nationale d’Aide aux Handicapés Mentaux were present as well on the podium of the Bell Ceremony. Actress Ann Ceurvels who supports this organisation was also a guest of honour.
This day is also marked by the 5th Light It Up Blue campaign, a global initiative where over 2000 iconic buildings and landmarks across the world, including the building of the Brussels Stock Exchange, are illuminated in blue to...
Apr 2 2014 | 5:18 AM
Philippe Genne, CEO of Oncodesign, opens the European trading day in Paris.
Oncodesign specializes in the research and development of drugs for the treatment of cancer. The group provides preclinical pharmacological evaluation services in the oncology field.