Executives and guests of Arlington, VA-based Opower will visit the New York Stock Exchange (NYSE) to celebrate the company’s completion of its initial public offering and first day of trading. Opower will begin trading today on the NYSE under the ticker symbol “OPWR”.
To mark this special occasion, Daniel Yates, CEO & Founder, and Alex Laskey, President and Founder, joined by members of the company’s management team, will ring the NYSE Closing Bell.
Opower combines a cloud-based platform, big data, and behavioral science to help utilities around the world...
U.S. stocks finished sharply lower on Friday, with losses accelerating in late afternoon trading. Stocks opened higher on optimism spurred by the nonfarm payrolls report, but turned negative during the session as sharp declines in technology and biotech dragged the broader markets lower. Technology, Discretionary, and Healthcare led the S&P 500 lower, with Utilities as the only major sector to finish higher. Gold and Oil rallied while the dollar slipped against its major rivals.
In U.S. economic news, investors focus on the Employment Situations, where job growth showed improvement, but not quite as much as forecast. Total nonfarm payroll jobs rose 192K in March after a 197K boost in February and a 144K increase in January. The net revision for the prior two months was up 37K. Expectations for March were for 206K. Private payrolls gained 192K, following an increase of 188K in February....
If you watched financial news this week, you probably heard a lot about market structure. The topic garnered much attention and media fodder. Nonetheless, the main drivers this week were unrelated to it. Instead these were the factors at play:
Certainty of Fed’s Stance
Traders have to come to the conclusion that Fed Chair Janet Yellen has a direction. In her first public speech on Monday, she strongly defended the central bank’s easy-money policy and assured that they would continue to commit economic support. This certainty provided a positive boost for the market, kicking off four days of market highs.
Global Stimulus Plans
ECB President Mario Draghi said the central bank discussed QE/monetary stimulus (similar to the Fed in the U.S.) in an effort to boost the economy. China also unveiled a "mini-stimulus" to increase consumption with additional spending on railways, upgraded housing for low-income households and tax relief for struggling small...
GrubHub Inc., the leading online and mobile platform for restaurant pick-up and delivery orders, will visit the New York Stock Exchange (NYSE) on Friday, April 4 to celebrate the company’s completion of its initial public offering and first day of trading. GrubHub will commence trading on the NYSE today under the ticker symbol “GRUB.”
To highlight this milestone, CEO Matthew Maloney, joined by members of GrubHub’s senior team and board, will ring the NYSE Opening Bell.
About GrubHub Inc.
GrubHub Inc. is the nation's leading online and mobile food ordering company dedicated to connecting...