Business Events
Fashion Week Generates Over $40 Million in Local Business
Double Dip Recession; a possibility?
New York City prices up by 14% since last year
Lunch with Buffett in New York City, for one lucky student
Accessories the Show
NRF 100th Annual Convention & EXPO - Trade
News - Crain's New York Business News Feed
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Mash-Up, May 13, 2013
* With high-powered endorsers like Merryl Tisch and Dick Ravitch in his corner, insiders are expecting Bill Thompson to...
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Labor pushes to freeze out nonunion hotels
A powerful union representing hotel workers is stepping up a campaign to ensure that all new hotels built in east midtown are open to having...
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Crain Communications stays on Third Ave.
Crain Communications Inc., publisher of Crain's New York Business and more than a dozen other publications, including...
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Council moves to change law you never heard of
One day soon, New Yorkers might be able to buy a fancy umbrella or...
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Credit conditions improve for small businesses
Credit conditions and confidence improved for small businesses in the tri-state area in 2012, compared with the previous year, despite challenges posed by Superstorm Sandy,...
Business News
NASDAQ Welcomes UBIC, Inc. (NDAQ:UBIC) to The NASDAQ Stock Market
The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) announced today that trading of UBIC, Inc. (Nasdaq:UBIC),...
NASDAQ Weekly Market Pulse 5/15/2013
U.S. stocks have continued to move higher, with all-time closing highs in the Dow Jones Industrial...
China's First Cross Border Exchange Traded Fund -- the Guotai NASDAQ-100 ETF -- Begins Trading on the Shanghai Stock Exchange
The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ), announced that China's first cross-border exchange-traded...
NASDAQ OMX Successfully Delivers SMARTS to Financial Conduct Authority (FCA) to Enhance Market Surveillance Capabilities
The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) and the Financial Conduct Authority (FCA), an independent...
Semi-Annual Changes to the NASDAQ Biotechnology Index 5/13/2013
The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) announced today the results of the semi-annual re-ranking...
NASDAQ Welcomes First NBC Bank Holding Company to the NASDAQ Global Select Market
The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) announced that the trading of First NBC Bank Holding...
| NASDAQ Daily Opening and Closing Bells |
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Opening Bell For Friday, May 17th, 2013 From 9:15 to 9:30 AM EDT Marketo, the provider of a leading cloud-based marketing software platform, will visit the NASDAQ MarketSite in Times Square in celebration of its first day of trading on The NASDAQ Stock Market today, May 17, 2013. In honor of the occasion, Phil Fernandez, President & CEO will ring the Opening Bell. Marketo uniquely provides an easy-to-use, powerful and complete marketing software platform that propels fast-growing small companies and global enterprises alike. Marketo's leading cloud-based marketing software platform streamlines marketing processes, delivers more campaigns, generates more win-ready leads, and improves sales performance. With proven technology, comprehensive services and expert guidance, Marketo helps thousands of companies around the world turn marketing from a cost center into a revenue driver. Known for providing breakthrough innovation and fueling growth, in both 2011 and 2012 Marketo received the CRM Market Leaders Awards Winner for Marketing Solutions by CRM Magazine. Salesforce.com customers also honored the company with the AppExchange Customer Choice Awards for 2012 in the marketing category. Marketo and the Marketo logo are trademarks of Marketo, Inc. All other trademarks are the property of their respective owners. Closing Bell For Friday, May 17th, 2013 From 3:45 to 4:00 PM EDT The New Jersey City University Student Investment Management Team (SIM) will visit the NASDAQ MarketSite in Times Square. The New Jersey City University Student Investment Management Team (SIM) was among six teams of finance students who distinguished themselves in the University of Dayton's 13th annual international student portfolio competition held on April 4-6. NJCU's SIM Team was awarded First Place for Growth Investment Style in the portfolio competition. In honor of the occasion, NJCU President Sue Henderson, Faculty Advisory Dr. Bernard McSherry, and SIM Group President Andrew Armanus will ring the Closing Bell. The New Jersey City University Student Investment Management Team is comprised of approximately 30 members of the Student Investment Management Group (SIM Group). Many of them are immigrants, hailing from places like Egypt, Mexico, Togo, India, and China. Most live in Hudson and Essex counties. We currently manage about $160,000 of real money and we have beaten the S&P 500 each year since inception (4 yrs). Last year our portfolio returned 18%. Our group is organized into four investment teams, each headed by a portfolio manager supported by several analysts. Stocks are selected by the teams and presented to the larger group for approval prior to investment. Twice a year, our President and Vice-President prepare an economic outlook, and the Portfolio Managers adjust their sector weightings to match the expectations for the upcoming two quarters. It is a fairly simple approach to investing, one that is believed to be well-suited to our students skill set. We hold about 40 stocks in our portfolio. 100% equity, long only, benchmarked to the S&P 500. |
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