The Nasdaq Stock Market

Nasdaq Stock Market, Inc.
Public (NASDAQNDAQ)
Founded1971
HeadquartersNew York, United States
Key peopleRobert Greifeld, CEO[1] David P. Warren, CFO Anna M. Ewing, CIO
IndustryStock exchange
RevenueUSD 1.66 billion (2006)
Net incomeUSD 128 million (2006)
Employees898
Websitewww.nasdaq.com


The NASDAQ Stock Market, Inc. (NASDAQNDAQ) is an United States public company that owns and operates the NASDAQ stock market. It is headquartered in New York City, and its Chief Executive Officer is Robert Greifeld.

Merger attempt with London Stock Exchange

In December of 2005, the London Stock Exchange (LSE) rejected a £1.6 billion takeover offer from Macquarie Bank. The LSE described the offer as "derisory." It then received a bid in March of 2006 for £2.4 billion from NASDAQ, which was also rejected by the LSE. NASDAQ later pulled its bid, and less than two weeks later on April 11, 2006, struck a deal with LSE's largest shareholder, Ameriprise Financial's Threadneedle Asset Management unit, to acquire all of that firm's stake, consisting of 35.4 million shares, at £11.75 per share.[2] NASDAQ also purchased 2.69 million additional shares, resulting in a total stake of 15%. While the seller of those shares was undisclosed, it occurred simultaneously with a sale by Scottish Widows of 2.69 million shares.[3] The move was seen as an effort to force LSE to negotiate either a partnership or eventual merger, as well as to block other suitors such as NYSE Group, owner of the New York Stock Exchange.[4]

Subsequent purchases increased NASDAQ's stake to 29%, holding off competing bids for several months. However only a further 0.4% of shareholders accepted the offer by the deadline and therefore the offer was rejected [5] on February 10 2007.

Philadelphia Exchange Talks

As of April 11, 2007, The Philadelphia Stock Exchange is in talks with possible buyers, include Nasdaq Stock Market, Inc. (NDAQ)[6]

NDAQ buys Swedish stock exchange OMX

On May 25, 2007 NDAQ agreed to buy the Swedish stock exchange OMX for USD 3.7 billion to form NASDAQ OMX Group. [7]

Aditional Services

DirectorsDesk.com

On June 29, 2007 NASDAQ entered into an agreement to acquire DirectorsDesk.com a management suite for Boards of Directors.[8]

References

1. ^ FACTSHEET 2007. NASDAQ Newsroom. The Nasdaq Stock Market (2007). Retrieved on 2007-05-29.
2. ^ Patrick, M., Lucchetti, A., Reilly, D., Taylor, E.. "Nasdaq Acquires 15% of LSE", The Wall Street Journal, 2006-04-11. 
3. ^ "Scottish Widows says has sold 2.7 mln LSE shares at 1,175 pence", Forbes, 2006-04-12. 
4. ^ Ortega, E.. "Nasdaq Buys 15 Percent Stake in LSE for $782 Million", Bloomberg News, 2006-04-11. 
5. ^ "LSE woos Tokyo after US bid fails". 
6. ^ "Phila. Exchange looks at buyers, including Nasdaq", Reuters, 2007-04-11. 
7. ^ "Nasdaq to buy Nordic bourse group OMX for $3.7 bln", Reuters, 2007-05-25. 
8. ^ "Nasdaq to acquire Directors Desk, a Technology Company for Corporate Boards". 

External Links

A public company usually refers to a company that is permitted to offer its securities (stock, bonds, etc.) for sale to the general public, typically through a stock exchange.
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The NASDAQ (acronym for National Association of Securities Dealers Automated Quotations system) is an American stock market.
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19th century - 20th century - 21st century
1940s  1950s  1960s  - 1970s -  1980s  1990s  2000s
1968 1969 1970 - 1971 - 1972 1973 1974

Year 1971 (MCMLXXI
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City of New York
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Nickname: The Big Apple, Gotham, The City that Never Sleeps
Location in the state of New York
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Motto
"In God We Trust"   (since 1956)
"E Pluribus Unum"   ("From Many, One"; Latin, traditional)
Anthem
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Robert Greifeld is the current CEO of NASDAQ. Robert Greifeld is President and Chief Executive Officer (CEO) of the Nasdaq Stock Market, Inc., the largest electronic screen-based equity securities market in the United States.
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Chief Executive Officer (CEO), or chief executive, is the highest-ranking corporate officer, administrator, corporate administrator, executive, or executive officer, in charge of total management of a corporation, company, organization or agency.
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CIO may mean:
  • Central Intelligence Organisation, secret police in Zimbabwe
  • Chief information officer, a corporate title. Also mandated by the Clinger-Cohen Act for all United States government agencies.

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Industry (from Latin industrius, "diligent, industrious"), is the segment of economy concerned with production of goods. Industry began in its present form during the 1800s, aided by technological advances, and it has continued to develop to this day.
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A stock exchange, share market or bourse is a corporation or mutual organization which provides facilities for stock brokers and traders, to trade company stocks and other securities.
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Revenue is a business term for the amount of money that a company receives from its activities in a given period, mostly from sales of products and/or services to customers.
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United States dollar
dólar estadounidense (Spanish)
dólar amerikanu (Tetum)
dólar americano

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Net income is equal to the income that a firm has after subtracting costs and expenses from the total revenue. Net income can be distributed among holders of common stock as a dividend or held by the firm as retained earnings.
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Employment is a contract between two parties, one being the employer and the other being the employee. An employee may be defined as: "A person in the service of another under any contract of hire, express or implied, oral or written, where the employer has
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A website (alternatively, Web site or web site) is a collection of Web pages, images, videos or other digital assets that is hosted on one or several Web server(s), usually accessible via the Internet, cell phone or a LAN.
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The NASDAQ (acronym for National Association of Securities Dealers Automated Quotations system) is an American stock market.
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Motto
"In God We Trust"   (since 1956)
"E Pluribus Unum"   ("From Many, One"; Latin, traditional)
Anthem
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The NASDAQ (acronym for National Association of Securities Dealers Automated Quotations system) is an American stock market.
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City of New York
New York City at sunset

Flag
Seal
Nickname: The Big Apple, Gotham, The City that Never Sleeps
Location in the state of New York
Coordinates:
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Chief Executive Officer (CEO), or chief executive, is the highest-ranking corporate officer, administrator, corporate administrator, executive, or executive officer, in charge of total management of a corporation, company, organization or agency.
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Robert Greifeld is the current CEO of NASDAQ. Robert Greifeld is President and Chief Executive Officer (CEO) of the Nasdaq Stock Market, Inc., the largest electronic screen-based equity securities market in the United States.
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London Stock Exchange or LSE is a stock exchange located in London, England, United Kingdom. Founded in 1801, it is one of the largest stock exchanges in the world, with many overseas listings as well as British companies.
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Macquarie Bank Limited

Public (ASX: MBL )
Founded Sydney, Australia (1970)
Headquarters Sydney, Australia

Key people David Clarke, Chairman
Allan Moss, CEO
Industry Finance and Insurance
Products Financial Services
Revenue AUD 7.
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April 11 is the 1st day of the year (2nd in leap years) in the Gregorian calendar. There are 0 days remaining.

Events

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Ameriprise Financial, Inc.

Public (NYSE:  AMP )
Founded 1894
Founder John Tappan
Headquarters Minneapolis, Minnesota, USA

Key people James Cracchiolo,
Chairman & CEO
Industry Financial services
Products Investments
Website www.ameriprise.
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Ameriprise Financial, Inc.

Public (NYSE:  AMP )
Founded 1894
Founder John Tappan
Headquarters Minneapolis, Minnesota, USA

Key people James Cracchiolo,
Chairman & CEO
Industry Financial services
Products Investments
Website www.ameriprise.
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Scottish Widows Group Ltd

Subsidiary
Founded 1815
Headquarters Edinburgh, Scotland, UK

Key people Gavin Gemmel, Chairman
Archie Kane, Chief Executive
Industry Financial Services
Products Life assurance
Pensions
Banking
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NYSE Euronext, Inc

Public (NYSE:  NYX , Euronext: NYX )
Founded April 4, 2007
Headquarters New York City, USA

Key people John A. Thain (CEO)
Divisions New York Stock Exchange
Euronext
NYSE Arca
Euronext.liffe
Website nyse.com
euronext.
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New York Stock Exchange (NYSE), nicknamed the "Big Board", is a New York City-based stock exchange. It is the largest stock exchange in the world by dollar volume and, with 2,764 listed securities[1], has the second most securities of all stock exchanges.
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