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How the New York Stock Exchange Works
 
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In our top story Nicole takes us on a tour of the New York Stock Exchange. The NYSE was founded in 1792 and today billions of dollars exchange hands there everyday. More than 2,000 companies trade their stock there. Owning stock is like owning a stake in a company, if the company does well you can make money, if it does badly you can lose money. Website: http://www.teenkidsnews.com Facebook: https://www.facebook.com/TEENKIDSNEWSTV Twitter: https://twitter.com/teenkidsnews Instagram: http://instagram.com/teenkidsnews# Teen Kids News is an Emmy Award winning 1/2 hour weekly TV show that is informative, educational and fun! The show has been on the air for over 10 years!
Views: 62353 Teen Kids News
New York Stock Exchange: Jobs, Listings, Market, Margin Debt, Rules, Stocks (1998)
 
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The New York Stock Exchange (sometimes referred to as "the Big Board") provides a means for buyers and sellers to trade shares of stock in companies registered for public trading. The NYSE is open for trading Monday through Friday from 9:30 am – 4:00 pm ET, with the exception of holidays declared by the Exchange in advance. The NYSE trades in a continuous auction format, where traders can execute stock transactions on behalf of investors. They will gather around the appropriate post where a specialist broker, who is employed by a NYSE member firm (that is, he/she is not an employee of the New York Stock Exchange), acts as an auctioneer in an open outcry auction market environment to bring buyers and sellers together and to manage the actual auction. They do on occasion (approximately 10% of the time) facilitate the trades by committing their own capital and as a matter of course disseminate information to the crowd that helps to bring buyers and sellers together. The auction process moved toward automation in 1995 through the use of wireless hand held computers (HHC). The system enabled traders to receive and execute orders electronically via wireless transmission. On September 25, 1995, NYSE member Michael Einersen, who designed and developed this system, executed 1000 shares of IBM through this HHC ending a 203-year process of paper transactions and ushering in an era of automated trading. As of January 24, 2007, all NYSE stocks can be traded via its electronic hybrid market (except for a small group of very high-priced stocks). Customers can now send orders for immediate electronic execution, or route orders to the floor for trade in the auction market. In the first three months of 2007, in excess of 82% of all order volume was delivered to the floor electronically.[31] NYSE works with US regulators like the SEC and CFTC to coordinate risk management measures in the electronic trading environment through the implementation of mechanisms like circuit breakers and liquidity replenishment points.[32] Until 2005, the right to directly trade shares on the exchange was conferred upon owners of the 1366 "seats". The term comes from the fact that up until the 1870s NYSE members sat in chairs to trade. In 1868, the number of seats was fixed at 533, and this number was increased several times over the years. In 1953, the number of seats was set at 1,366. These seats were a sought-after commodity as they conferred the ability to directly trade stock on the NYSE, and seat holders were commonly referred to as members of the NYSE. The Barnes family is the only known lineage to have five generations of NYSE members: Winthrop H. Barnes (admitted 1894), Richard W.P. Barnes (admitted 1926), Richard S. Barnes (admitted 1951), Robert H. Barnes (admitted 1972), Derek J. Barnes (admitted 2003). Seat prices varied widely over the years, generally falling during recessions and rising during economic expansions. The most expensive inflation-adjusted seat was sold in 1929 for $625,000, which, today, would be over six million dollars. In recent times, seats have sold for as high as $4 million in the late 1990s and as low as $1 million in 2001. In 2005, seat prices shot up to $3.25 million as the exchange entered into an agreement to merge with Archipelago and become a for-profit, publicly traded company. Seat owners received $500,000 in cash per seat and 77,000 shares of the newly formed corporation. The NYSE now sells one-year licenses to trade directly on the exchange. Licenses for floor trading are available for $40,000 and a license for bond trading is available for as little as $1,000 as of 2010.[33] Neither are resell-able, but may be transferable in during the change of ownership of a cooperation holding a trading license. Following the Black Monday market crash in 1987, NYSE imposed trading curbs to reduce market volatility and massive panic sell-offs. Following the 2011 rule change, at the start of each trading day, the NYSE sets three circuit breaker levels at levels of 7% (Level 1), 13% (Level 2), and 20% (Level 3) of the average closing price of the S&P 500 for the preceding trading day. Level 1 and Level 2 declines result in a 15-minute trading halt unless they occur after 3:25pm, when no trading halts apply. A Level 3 decline results in trading being suspended for the remainder of the day.[34] (The biggest one-day decline in the S&P 500 since 1987 was the 9.0% drop on October 15, 2008.) https://en.wikipedia.org/wiki/New_York_Stock_Exchange
Views: 116 Way Back
Tense trading at NY Stock Exchange
 
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Trading was volatile on Friday on the New York Stock Exchange, as a better-than-expected US jobs report and hints of progress in Europe's debt crisis gave some relief after a steep sell-off a day earlier sent global markets in a nose dive. Views of traders and trading on the floor of the New York Stock Exchange.Duration: 01:11
Views: 50836 AFP news agency
Meet NYSE's Only Full-Time Female Trader
 
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Working in an industry where you are one of very few women can be challenging enough — but imagine what it's like to be the only woman on staff. That's the case for New York Stock Exchange trader Lauren Simmons. The 23-year-old is an equity trader for Rosenblatt Securities, and she is both the youngest and the only full-time female employee to hold that position at the NYSE. "When I tell people what my job is they are always surprised," she tells CNBC Make It. In fact, Simmons says that if you had told her five years ago that she'd end up working on Wall Street, she wouldn't have believed the news herself. "It's surreal," she says. » Subscribe to CNBC Make It.: http://cnb.cx/2kxl2rf About CNBC Make It.: CNBC Make It. is a new section of CNBC dedicated to making you smarter about managing your business, career, and money. Connect with CNBC Make It. Online Get the latest updates: http://www.cnbc.com/make-it Find CNBC Make It. on Facebook: http://cnb.cx/LikeCNBCMakeIt Find CNBC Make It. on Twitter: http://cnb.cx/FollowCNBCMakeIt Find CNBC Make It. on Instagram: http://bit.ly/InstagramCNBCMakeIt Meet NYSE's Only Full-Time Female Trader | CNBC Make It.
Views: 74905 CNBC Make It.
Why One Wall Street Trader Quit His Job To Wash High-End Cars | CNBC Make It.
 
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Larry Kosilla left a well-paid Wall Street job to start a detailing business for high-end cars. Most of his colleagues frown on the decision. But, New York has a market for everything – how has Larry’s company made it in such a niche market? » Subscribe to CNBC: http://cnb.cx/SubscribeCNBC About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more. Connect with CNBC News Online Get the latest news: http://www.cnbc.com/ Find CNBC News on Facebook: http://cnb.cx/LikeCNBC Follow CNBC News on Twitter: http://cnb.cx/FollowCNBC Follow CNBC News on Google+: http://cnb.cx/PlusCNBC Follow CNBC News on Instagram: http://cnb.cx/InstagramCNBC Why One Wall Street Trader Quit His Job To Wash High-End Cars | CNBC Make It.
Views: 39516 CNBC
How Does Floor Trading Work on the New York Stock Exchange - Wall Street Stock Market
 
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Floor trading is where traders or stockbrokers meet at a specific venue referred to as a trading floor or pit to buy and sell financial instruments using open outcry method to communicate with each other. More on stock trading: https://www.amazon.com/gp/search?ie=UTF8&tag=doc06-20&linkCode=ur2&linkId=3b70391c913a3a0dc8e7add5852ad72a&camp=1789&creative=9325&index=books&keywords=stock%20trading These venues are typically stock exchanges or futures exchanges and transactions are executed by members of such an exchange using specific language or hand signals. During the 1980s and 1990s phone and electronic trading replaced physical floor trading in most exchanges around the world. As of 2007 few exchanges still have floor trading. One example is the New York Stock Exchange (NYSE) which still executes a small percentage of its trades on the floor. That means that the traders actually form a group around the post on the floor of the market for the specialist, someone that works for one of the NYSE member firms and handles the stock. Just like in an auction, there are shouts coming from those that want to sell and those that want to buy. The specialist facilitates in the match and centralizing the trades. On January 24, 2007, the NYSE went from being strictly an auction market to a hybrid market that encompassed both the auction method and an electronic trading method that immediately makes the trade electronically. A small group of extremely high-priced stocks isn't on this trading system and is still auctioned on the trading floor. Even though over 82 percent of the trades take place electronically, the action on the floor of the stock exchange still has its place. While electronic trading is faster and provides for anonymity, there's more opportunity to improve the price of a share if it goes to the floor. Investors maintain the right to select the method they want to use. http://en.wikipedia.org/wiki/Floor_trading On October 19, 1987, the Dow Jones Industrial Average (DJIA) dropped 508 points, a 22.6% loss in a single day, the second-biggest one-day drop the exchange had experienced. Black Monday was followed by Terrible Tuesday, a day in which the Exchange's systems did not perform well and some people had difficulty completing their trades. Subsequently, there was another major drop for the Dow on October 13, 1989; the Mini-Crash of 1989. The crash was apparently caused by a reaction to a news story of a $6.75 billion leveraged buyout deal for UAL Corporation, the parent company of United Airlines, which broke down. When the UAL deal fell through, it helped trigger the collapse of the junk bond market causing the Dow to fall 190.58 points, or 6.91 percent. Similarly, there was a panic in the financial world during the year of 1997; the Asian Financial Crisis. Like the fall of many foreign markets, the Dow suffered a 7.18% drop in value (554.26 points) on October 27, 1997, in what later became known as the 1997 Mini-Crash but from which the DJIA recovered quickly. This was the first time that the "circuit breaker" rule had operated. On January 26, 2000, an altercation during filming of the music video for "Sleep Now in the Fire", which was directed by Michael Moore, caused the doors of the exchange to be closed and the band Rage Against the Machine to be escorted from the site by security[15] after band members attempted to gain entry into the exchange.[16] Trading on the exchange floor, however, continued uninterrupted.[17] In the aftermath of the September 11, 2001 terrorist attacks, the NYSE was closed for 4 trading sessions, one of the longest times the NYSE was closed for more than one session; only the third time since March 1933. On May 6, 2010, the Dow Jones Industrial Average posted its largest intraday percentage drop since the October 19, 1987 crash, with a 998 point loss later being called the 2010 Flash Crash (as the drop occurred in minutes before rebounding). The SEC and CFTC published a report on the event, although it did not come to a conclusion as to the cause. The regulators found no evidence that the fall was caused by erroneous ("fat finger") orders.[18] On October 29, 2012, the stock exchange was shut down for 2 days due to Hurricane Sandy.[19] The last time the stock exchange was closed due to weather for a full two days was on March 12 and 13 in 1888.[20] On May 1, 2014 the stock exchange was fined $4.5 million "to settle charges it violated market rules, the Securities and Exchange Commission said Thursday." http://en.wikipedia.org/wiki/New_York_Stock_Exchange
Views: 119389 Remember This
How trading on the New York Stock Exchange actually works
 
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Peter Tuchman explains and demonstrates how trading works on the NYSE (New York Stock Exchange). He also has some valuable suggestions for would be traders. Rick Green while interviewed by Wayne McCarthy was lying through his teeth explaining that his brother in law (or one of his traders), by the name of Louie Asiaee, uses paper to trade on the NYSE and not electronically and that is the reason he offers to explain why he can't show evidence of the trading that he supposedly do for investors. Rick Green openly confessed on video that he stole money from me and that he has no shame. You can read more about what transpired on this blog dedicated to this thief. https://jordaanhannes.wixsite.com/isrickgreenathief Credits www.wirtschaft-tv.com
Views: 1825 Hannes Jordaan
Watch high-speed trading in action
 
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Citadel Group, a high-frequency trading firm located in Chicago, trades more stocks each day than the floor of the NYSE.
Views: 3970677 CNN Business
Stock Market: "Working Dollars" 1957 New York Stock Exchange Monthly Investment Plan
 
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Financial Classic Films playlist: https://www.youtube.com/playlist?list=PLE7527E1C9F0B138B more at http://money.quickfound.net/ "Animated explanation of how the stock market works, told through the story of an Everyman named Mr. Finchley." Promotes the NYSE's "Monthly Investment Plan (M.I.P.) for small investors. Reupload of a previously uploaded film with improved video & sound. Public domain film from the Library of Congress Prelinger Archives, slightly cropped to remove uneven edges, with the aspect ratio corrected, and one-pass brightness-contrast-color correction & mild video noise reduction applied. The soundtrack was also processed with volume normalization, noise reduction, clipping reduction, and/or equalization (the resulting sound, though not perfect, is far less noisy than the original). http://creativecommons.org/licenses/by-sa/3.0/ http://en.wikipedia.org/wiki/Stock_market A stock market or equity market is a public entity (a loose network of economic transactions, not a physical facility or discrete entity) for the trading of company stock (shares) and derivatives at an agreed price; these are securities listed on a stock exchange as well as those only traded privately. The size of the world stock market was estimated at about $36.6 trillion at the beginning of October 2008. The total world derivatives market has been estimated at about $791 trillion face or nominal value, 11 times the size of the entire world economy. The value of the derivatives market, because it is stated in terms of notional values, cannot be directly compared to a stock or a fixed income security, which traditionally refers to an actual value... The stocks are listed and traded on stock exchanges which are entities of a corporation or mutual organization specialized in the business of bringing buyers and sellers of the organizations to a listing of stocks and securities together. The largest stock market in the United States, by market capitalization, is the New York Stock Exchange (NYSE)... Market participants include individual retail investors, institutional investors such as mutual funds, banks, insurance companies and hedge funds, and also publicly traded corporations trading in their own shares. Some studies have suggested that institutional investors and corporations trading in their own shares generally receive higher risk-adjusted returns than retail investors. Participants in the stock market range from small individual stock investors to large hedge fund traders, who can be based anywhere. Their orders usually end up with a professional at a stock exchange, who executes the order of buying or selling. Some exchanges are physical locations where transactions are carried out on a trading floor, by a method known as open outcry. This type of auction is used in stock exchanges and commodity exchanges where traders may enter "verbal" bids and offers simultaneously. The other type of stock exchange is a virtual kind, composed of a network of computers where trades are made electronically via traders. Actual trades are based on an auction market model where a potential buyer bids a specific price for a stock and a potential seller asks a specific price for the stock. (Buying or selling at market means you will accept any ask price or bid price for the stock, respectively.) When the bid and ask prices match, a sale takes place, on a first-come-first-served basis if there are multiple bidders or askers at a given price. The purpose of a stock exchange is to facilitate the exchange of securities between buyers and sellers, thus providing a marketplace (virtual or real). The exchanges provide real-time trading information on the listed securities, facilitating price discovery. The New York Stock Exchange is a physical exchange, also referred to as a listed exchange -- only stocks listed with the exchange may be traded. Orders enter by way of exchange members and flow down to a floor broker, who goes to the floor trading post specialist for that stock to trade the order. The specialist's job is to match buy and sell orders using open outcry. If a spread exists, no trade immediately takes place—in this case the specialist should use his/her own resources (money or stock) to close the difference after his/her judged time. Once a trade has been made the details are reported on the "tape" and sent back to the brokerage firm, which then notifies the investor who placed the order. Although there is a significant amount of human contact in this process, computers play an important role, especially for so-called "program trading". The NASDAQ is a virtual listed exchange, where all of the trading is done over a computer network. The process is similar to the New York Stock Exchange. However, buyers and sellers are electronically matched. One or more NASDAQ market makers will always provide a bid and ask price at which they will always purchase or sell 'their' stock...
Views: 1183 Jeff Quitney
Lauren Simmons discusses gender gap in finance, working at the NYSE
 
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Lauren Simmons is the only full time female trader on the floor of the New York stock exchange. At 23, she’s also its youngest. And she joins just one of two African-American women to sign the constitution of the exchange. CGTN's Karina Huber caught up with her at work and began by asking her how her degree in genetics with a minor in statistics helped her get to the exchange.
Views: 15628 CGTN America
Will Blockchain Kill the New York Stock Exchange?
 
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Will a new advancement in Blockchain technology ring the knockout bell of the world’s most iconic stock market? Today the team reports from the 2018 Blockchain Event in Fort Lauderdale, Florida and speaks with the architect of Ethereum’s ICO, Steven Nerayoff, about tZERO, the first security exchange for crytotokens. Later, Christian entrepreneur Marlon Williams shares how his company PodOne is battling the crisis of lost work in America’s call centers. Connect with us online: TruNews IS NOW ON TV - http://www.trunews.com/tv WWW.TRUNEWS.COM SUPPORT TRUNEWS: http://tru.news/2ps3OL2 TruNews on Facebook: https://www.facebook.com/trunews/ TruNews on Twitter: https://twitter.com/trunews TruNews on Google Plus: https://plus.google.com/+TRUNEWSofficial TruNews on Spreaker: http://www.spreaker.com/user/trunews TruNews on SoundCloud: https://soundcloud.com/trunews TruNews on BlogTalkRadio: http://www.blogtalkradio.com/trunews
Views: 5073 TruNews
CannTrust CEO on management shakeup: ‘We could probably do a better job’
 
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Peter Aceto, CEO, CannTrust joins BNN Bloomberg to discuss the company's record Q3 revenue, recent management shakeups and its plan for a public listing on the New York Stock Exchange. Subscribe to BNN Bloomberg to watch more videos: https://www.youtube.com/BNNBloomberg Connect with BNN Bloomberg: For the latest news visit: https://www.bnnbloomberg.ca For a full video offering visit BNN Bloomberg: https://www.bnnbloomberg.ca/video BNN Bloomberg on Facebook: https://www.facebook.com/BNNBloomberg BNN Bloomberg on Twitter: https://twitter.com/bnnbloomberg BNN Bloomberg on Instagram: https://www.instagram.com/bnnbloomberg BNN Bloomberg on LinkedIn: https://www.linkedin.com/company/bnn-bloomberg -- BNN Bloomberg is Canada’s only TV service devoted exclusively to business, finance and the markets.
Views: 238 BNN Bloomberg
NASA, Partners Ring Closing Bell at New York Stock Exchange
 
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NASA officials and representatives from U.S. commercial space partners rang the closing bell of the New York Stock Exchange Thursday, June 4. NASA's work with U.S. industry is making commercial research on the space station more accessible and affordable, leading to discoveries not possible on Earth. Commercial companies are already providing cargo transportation services to the orbiting laboratory and will soon launch astronauts once again from the United States. This is stimulating the growth of a robust U.S. commercial space industry with access to low-Earth orbit, creating new jobs and markets.
Views: 20162 NASA
New York Stock Exchange: Companies, Careers, Dow Jones, Futures, History (1991)
 
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William Henry Donaldson (born June 2, 1931) was the 27th Chairman of the U.S. Securities and Exchange Commission (SEC), serving from February 2003 to June 2005. He served as Under Secretary of State for International Security Affairs in the Nixon Administration, as a special adviser to Vice President Nelson Rockefeller, Chairman and CEO of the New York Stock Exchange, and Chairman, President and CEO of Aetna. Donaldson founded Donaldson, Lufkin & Jenrette. Donaldson attended both Yale University (B.A. 1953) and Harvard University (M.B.A. 1958). While he was a senior at Yale, he joined its Skull and Bones secret society.[3][4] He began his career at G.H. Walker & Co..[5] He was Chairman of the Carnegie Endowment for International Peace from 1999 to 2003. Donaldson returned to Yale and founded the Yale School of Management, where he served as dean and professor of management studies. The main building of the school continues to display a live size portrait of him and the premier leadership award at Yale School of Management is called "Donaldson Fellows". He also served in the United States Marine Corps.[6] Donaldson is a chartered financial analyst (CFA) charterholder and has received a number of honorary degrees. Donaldson is the father of three children and is married to Jane Phillips Donaldson. https://en.wikipedia.org/wiki/William_H._Donaldson On October 19, 1987, the Dow Jones Industrial Average (DJIA) dropped 508 points, a 22.6% loss in a single day, the second-biggest one-day drop the exchange had experienced. Black Monday was followed by Terrible Tuesday, a day in which the Exchange's systems did not perform well and some people had difficulty completing their trades. Subsequently, there was another major drop for the Dow on October 13, 1989—the Mini-Crash of 1989. The crash was apparently caused by a reaction to a news story of a $6.75 billion leveraged buyout deal for UAL Corporation, the parent company of United Airlines, which broke down. When the UAL deal fell through, it helped trigger the collapse of the junk bond market causing the Dow to fall 190.58 points, or 6.91 percent. Similarly, there was a panic in the financial world during the year of 1997; the Asian Financial Crisis. Like the fall of many foreign markets, the Dow suffered a 7.18% drop in value (554.26 points) on October 27, 1997, in what later became known as the 1997 Mini-Crash but from which the DJIA recovered quickly. This was the first time that the "circuit breaker" rule had operated. On January 26, 2000, an altercation during filming of the music video for "Sleep Now in the Fire", which was directed by Michael Moore, caused the doors of the exchange to be closed and the band Rage Against the Machine to be escorted from the site by security[19] after band members attempted to gain entry into the exchange. The video shoot had attracted several hundred people, according to a representative for the city’s Deputy Commissioner for Public Information.[20] New York City's film office does not allow weekday film shoots on Wall Street. Moore had permission to use the steps of Federal Hall but did not have a permit to shoot on the sidewalk or the street, nor did he have a loud-noise permit or the proper parking permits.[21] "Michael basically gave us one directorial instruction, "No matter what happens, don't stop playing," Tom Morello recalls. When the band left the steps, NYPD apprehended Moore and led him away. Moore yelled to the band, "Take the New York Stock Exchange!"[22] In an interview with the Socialist Worker, Morello said he and scores of others ran into the Stock Exchange. "About two hundred of us got through the first set of doors, but our charge was stopped when the Stock Exchange's titanium riot doors came crashing down."[23] "For a few minutes, Rage Against the Machine was able to shut down American capitalism," Moore said. "An act that I am sure tens of thousands of downsized citizens would cheer."[19] Trading on the exchange floor, however, continued uninterrupted. https://en.wikipedia.org/wiki/New_York_Stock_Exchange
Views: 265 Way Back
Success In 60 Seconds: Stacey Cunningham On How To Leverage Your Career Strengths | Forbes
 
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How the first female President of the New York Stock Exchange embraced the power of a non-linear career path Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1 Stay Connected Forbes on Facebook: http://fb.com/forbes Forbes Video on Twitter: http://www.twitter.com/forbesvideo Forbes Video on Instagram: http://instagram.com/forbesvideo More From Forbes: http://forbes.com Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.
Views: 2253 Forbes
Drive 4K - Wall Street District - New York City USA
 
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Fun Facts: Average Wall Street income $422,500. Average bonus $184,000. $100 Billion in gold stored in Wall Street district. 20% of New York City wages goes to Wall Street employees. Drive Highlights: Wall Street Bull, close proximity to The Continental Hotel from movie John Wick, brief view of famous New York Stock Exchange, and the South Street Seaport. Time of Day: Thursday afternoon. Wall Street is an eight-block-long street in the Financial District of Lower Manhattan in New York City. Anchored by Wall Street, New York City has been called both the most economically powerful city and the leading financial center of the world, and the city is home to the world's two largest stock exchanges by total market capitalization, the New York Stock Exchange and NASDAQ. In the Public Imagination Wall Street in a conceptual sense represents financial and economic power. To Americans, it can sometimes represent elitism and power politics. Wall Street has become synonymous with financial interests, often used negatively. In addition, images of Wall Street and its figures have loomed large. The 1987 Oliver Stone film Wall Street created the iconic figure of Gordon Gekko who used the phrase "greed is good", which caught on in the cultural parlance. Over time, the term has become a metonym for the financial markets of the United States as a whole, the American financial services industry (even if financial firms are not physically located there), or New York–based financial interests. Anchored by Wall Street, New York City has been called both the most economically powerful city and the leading financial center of the world, and the city is home to the world's two largest stock exchanges by total market capitalization, the New York Stock Exchange and NASDAQ. Several other major exchanges have or had headquarters in the Wall Street area, including the New York Mercantile Exchange, the New York Board of Trade, and the former American Stock Exchange. The seven largest Wall Street firms in the 2000s were Bear Stearns, JPMorgan Chase, Citigroup Incorporated, Goldman Sachs, Morgan Stanley, Merrill Lynch and Lehman Brothers. Importance In the New York Economy Estimates vary about the number and quality of financial jobs in the city. The city's securities industry, enumerating 163,400 jobs in August 2013, continues to form the largest segment of the city's financial sector and an important economic engine, accounting in 2012 for 5 percent of private sector jobs in New York City, 8.5 percent (US$3.8 billion) of the city's tax revenue, and 22 percent of the city's total wages, including an average salary of US$360,700. One estimate was that Wall Street firms employed close to 200,000 persons in 2008. Another estimate was that in 2007, the financial services industry which had a $70 billion profit became 22 percent of the city's revenue. Another estimate (in 2006) was that the financial services industry makes up 9% of the city's work force and 31% of the tax base. Tourism Wall Street is a major location of tourism in New York City. One report described lower Manhattan as "swarming with camera-carrying tourists". Tour guides highlight places such as Trinity Church, the Federal Reserve gold vaults 80 feet below street level (worth $100 billion), and the NYSE. In Popular Culture The film Wall Street (1987) and its sequel Wall Street: Money Never Sleeps (2010) exemplify many popular conceptions of Wall Street as a center of shady corporate dealings and insider trading. In the Star Trek universe, the Ferengi are said to make regular pilgrimages to Wall Street, which they worship as a holy site of commerce and business. In the film The Dark Knight Rises (2012), Bane attacks the Gotham City Stock Exchange. Scenes were filmed in and around the New York Stock Exchange, with the J.P. Morgan Building at Wall Street and Broad Street standing in for the Exchange. The film The Wolf of Wall Street (2013) is a black comedy about Jordan Belfort, a New York stockbroker who ran Stratton Oakmont, a firm that engaged in securities fraud and corruption on Wall Street from 1987 to 1998. https://en.wikipedia.org/wiki/Wall_Street http://time.com/money/5215695/wall-street-bankers-got-184000-in-bonuses-last-year/ http://fortune.com/2018/09/17/wall-street-salaries-recovered-levels-financial-crisis/
Views: 18073 J Utah
China's Zhaopin Limited Makes Public Debut on the New York Stock Exchange
 
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Zhaopin Limited, a leading career platform in China, will visit the New York Stock Exchange (NYSE) on Thursday, June 12th to celebrate the company's completion of its initial public offering and first day of trading. Zhaopin Limited's American depositary shares will commence trading on the NYSE today under the ticker symbol "ZPIN." To highlight this company milestone, Chief Executive officer Evan Sheng Guo, joined by members of Zhaopin Limited's leadership team, will ring the NYSE Opening Bell and visit the NYSE trading floor to observe the stock opening. About Zhaopin Limited Zhaopin is a leading career platform in China, focusing on connecting users with relevant job opportunities throughout their career lifecycle. The Company's zhaopin.com website is the most popular career-focused website in China as measured by average daily unique visitors in each month of 2013. Zhaopin is the second largest online recruitment services provider as measured by revenues in 2013. The Company's over 77 million registered users include diverse and educated job seekers who are at various stages of their careers and are in demand by employers as a result of the general shortage of skilled and educated workers in China. In the nine months ended March 31, 2014, approximately 11.4 million job postings were placed on Zhaopin's platform by 274,450 employers including multinational corporations, small and medium-sized enterprises and state-owned entities. The quality and quantity of Zhaopin's users and the resumes in the Company's database attract an increasing number of customers. This in turn leads to more users turning to Zhaopin as their primary recruitment and career- related services provider, creating strong network effects and significant entry barriers for potential competitors. For more information, please visit http://www.zhaopin.com.
NYSE Big Start Up
 
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The NYSE Big StartUp, a nationwide jobs-growth initiative designed to connect young companies and entrepreneurs with corporate America, has been launched by NYSE Euronext in collaboration with Accion, Entrepreneurs' Organization and The Startup America Partnership.
Ashton Kutcher Visits the NYSE to Highlight the Movie "JOBS"
 
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Actor/Investor Ashton Kutcher will visit the New York Stock Exchange on Tuesday, August 6 and ring The Opening Bell to highlight his latest film, JOBS, a film based on the life of Apple co-founder, Steve Jobs. About JOBS: It only takes one person to start a revolution. The extraordinary story of Steve Jobs, the original innovator and ground-breaking entrepreneur who let nothing stand in the way of greatness. The film tells the epic and turbulent story of Jobs as he blazed a trail that changed technology -- and the world - forever.
The NYSE Big StartUp rings the NYSE Closing Bell
 
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The NYSE Big StartUpSM, a nationwide jobs-growth initiative designed to connect young companies and entrepreneurs with corporate America, was launched today by NYSE Euronext (NYX) in collaboration with Accion, Entrepreneurs' Organization (EO) and The Startup America Partnership. The program calls on the nation's corporate community to lend support, experience and resources to startups and small companies to improve procurement, networking, business development, training, and information sharing. In honor of the occasion, executives and leaders from the collaborative business-to-business partnership rings The Closing BellSM. Yelp (NYSE: YELP) and LinkedIn (NYSE-LNKD) are among the first NYSE- listed companies to participate in this endeavor. In addition to information and events to be provided as part of the initiative, a microfinance program called the Accion NYSE Job Growth Fund, started with a $1.5 million commitment by NYSE Euronext, will provide small businesses and startups with the capital and support they need to grow. The NYSE Big StartUp is unique in its comprehensive approach to promoting job growth through small businesses, start ups and entrepreneurs. The program helps to promote the increased demand for goods and services that these growing companies need, while also mobilizing the corporate sector to contribute knowledge, expertise and funding where it can be critical to job creation. Please visit www.nysebigstartup.com Link to the press release: http://www.nyse.com/press/1332325195828.html Check out The NYSE Big StartUp partnership video: http://youtu.be/XukU_PPMJwc Accion NYSE Job Growth Fund Accion has built the largest microfinance lending network in the U.S. and has provided loans and support to over 500,000 enterprising individuals in the U.S. The Accion NYSE Job Growth Fund officially launches today through a $1.5 million commitment from NYSE Euronext, and is now open for corporate contributors and small business applicants. The funding will be leveraged at a 4.5:1 ratio, enabling an even greater impact. Information on the Accion NYSE Job Growth Fund can be accessed and donations made at http://us.accion.org/. Entrepreneurs' Organization The Entrepreneurs' Organization (EO), a global network of more than 8,000 business owners in 40 countries, serves as a catalyst that enables entrepreneurs to learn and grow from their peers' ideas and experiences. EO's role in the NYSE Big StartUp will include special focus on its Accelerator program, which through events and other outreach efforts fuels growth of earlier-stage entrepreneurs, provides mentors and training for EO's broader pool of entrepreneurs, and connects the EO network with the corporate supply chains. The Startup America Partnership The Startup America Partnership, of which NYSE Euronext is a proud sponsor, brings together an alliance of major corporations including NYSE Euronext, funders, service providers, mentors and advisors working to dramatically increase the prevalence and success of high-growth startups in the U.S. The Startup America Partnership was launched at the White House in early 2011. AOL co-founder Steve Case chairs the Partnership, Priceline.com founding CTO Scott Case is the chief executive and the Kauffman and Case Foundations are the founding sponsors.
Jim Cramer on the Jobs Numbers, Tariffs, Boeing, Tesla and Costco
 
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TheStreet's founder and Action Alerts PLUS Portfolio Manager Jim Cramer analyzes Friday's trending stocks from the floor of the New York Stock Exchange including Boeing, Tesla and Costco. You can also find us on... SUBSCRIBE | http://t.st/TheStreetTV FACEBOOK | https://www.facebook.com/TheStreet/ TWITTER | http://twitter.com/thestreet PODCASTS | https://soundcloud.com/thestreetlive THESTREET.COM | https://www.thestreet.com/ LINKEDIN | http://linkedin.com/company/theStreet INSTAGRAM | https://www.instagram.com/thestreet/?hl=en Sign up for ActionAlertsPlus.com today for exclusive insight into Jim Cramer’s charitable portfolio: https://buff.ly/2mfp4Vy
Jim Cramer on the Jobs Report, Tariffs and Biogen
 
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TheStreet's founder and Action Alerts PLUS Portfolio Manager Jim Cramer weighs in on Friday's trending market topics from the floor of the New York Stock Exchange including the better-than-expected June jobs report, fresh U.S. tariffs on various China imports and the surge of Biogen's stock. You can also find us on... SUBSCRIBE | http://t.st/TheStreetTV FACEBOOK | https://www.facebook.com/TheStreet/ TWITTER | http://twitter.com/thestreet PODCASTS | https://soundcloud.com/thestreetlive THESTREET.COM | https://www.thestreet.com/ LINKEDIN | http://linkedin.com/company/theStreet INSTAGRAM | https://www.instagram.com/thestreet/?hl=en Sign up for ActionAlertsPlus.com today for exclusive insight into Jim Cramer’s charitable portfolio: https://buff.ly/2mfp4Vy
Wages rise as U.S. adds 161,000 new jobs in October
 
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In a relatively strong jobs report, the United States added 161,000 jobs last month. CBS MoneyWatch's Jill Wagner explains from the New York Stock Exchange.
Views: 448 CBS News
How the New York Stock Exchange Works: Brokers and Bidders - Making Money (1958)
 
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The exchange was closed shortly after the beginning of World War I (July 31, 1914), but it partially re-opened on November 28 of that year in order to help the war effort by trading bonds, and completely reopened for stock trading in mid-December. More on stocks: https://www.amazon.com/gp/search?ie=UTF8&tag=tra0c7-20&linkCode=ur2&linkId=76d788a3703b8fff187a2f806c15b98b&camp=1789&creative=9325&index=books&keywords=stocks On September 16, 1920, a bomb exploded on Wall Street outside the NYSE building, killing 33 people and injuring more than 400. The perpetrators were never found. The NYSE building and some buildings nearby, such as the JP Morgan building, still have marks on their façades caused by the bombing. The Black Thursday crash of the Exchange on October 24, 1929, and the sell-off panic which started on Black Tuesday, October 29, are often blamed for precipitating the Great Depression. In an effort to try to restore investor confidence, the Exchange unveiled a fifteen-point program aimed to upgrade protection for the investing public on October 31, 1938. On October 1, 1934, the exchange was registered as a national securities exchange with the U.S. Securities and Exchange Commission, with a president and a thirty-three member board. On February 18, 1971 the non-profit corporation was formed, and the number of board members was reduced to twenty-five. One of Abbie Hoffman's well-known publicity stunts took place in 1967, when he led members of the Yippie movement to the Exchange's gallery. The provocateurs hurled fistfuls of real dollars mixed with fake dollars toward the trading floor below. Some traders booed, and some collected the apparent bounty. The press was quick to respond and, by evening, the event had been reported around the world.[citation needed] (The stock exchange later spent $20,000 to enclose the gallery with bulletproof glass.) Hoffman wrote a decade later, "We didn't call the press; at that time we really had no notion of anything called a media event". On October 19, 1987, the Dow Jones Industrial Average (DJIA) dropped 508 points, a 22.6% loss in a single day, the second-biggest one-day drop the exchange had experienced, prompting officials at the exchange to invoke for the first time the "circuit breaker" rule to halt all trading. This was a very controversial move and led to a quick change in the rule; trading now halts for an hour, two hours, or the rest of the day when the DJIA drops 10, 20, or 30 percent, respectively. The rationale behind the trading halt was to give investors a chance to cool off and reevaluate their positions. Black Monday was followed by Terrible Tuesday, a day in which the Exchange's systems did not perform well and some people had difficulty completing their trades. Subsequently, there was another major drop for the Dow on October 13, 1989; the Mini-Crash of 1989. The crash was apparently caused by a reaction to a news story of a $6.75 billion leveraged buyout deal for UAL Corporation, the parent company of United Airlines, which broke down. When the UAL deal fell through, it helped trigger the collapse of the junk bond market causing the Dow to fall 190.58 points, or 6.91 percent. Similarly, there was a panic in the financial world during the year of 1997; the Asian Financial Crisis. Like the fall of many foreign markets, the Dow suffered a 7.18% drop in value (554.26 points) on October 27, 1997, in what later became known as the 1997 Mini-Crash but from which the DJIA recovered quickly. On January 26, 2000, an altercation during filming of the music video for "Sleep Now in the Fire", which was directed by Michael Moore, caused the doors of the exchange to be closed and the band Rage Against the Machine to be escorted from the site by security[17] after band members attempted to gain entry into the exchange.[18] Trading on the exchange floor, however, continued uninterrupted.[19] In the aftermath of the September 11, 2001 terrorist attacks, the NYSE was closed for 4 trading sessions, one of the longest times the NYSE was closed for more than one session; only the third time since March 1933. On May 6, 2010, the Dow Jones Industrial Average posted its largest intraday percentage drop since the October 19, 1987 crash, with a 998 point loss later being called the 2010 Flash Crash (as the drop occurred in minutes before rebounding). The SEC and CFTC published a report on the event, although it did not come to a conclusion as to the cause. The regulators found no evidence that the fall was caused by erroneous ("fat finger") orders.[20] On October 29, 2012, the stock exchange was shut down for 2 days due to Hurricane Sandy.[21] The last time the stock exchange was closed due to weather for a full two days was on March 12 and 13 in 1888. http://en.wikipedia.org/wiki/New_York_Stock_Exchange
Views: 11144 The Film Archives
Community Options Celebrates 20 Years of Service in New York on Record Day at the NYSE
 
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Community Options, Inc. Rings the NYSE Closing Bell® When August 15, 2016 @ 3:56 PM - 4:00 PM EDT The New York Stock Exchange welcomes officials and guests of Community Options, Inc. Max Depelteau will ring the NYSE Closing Bell® to highlight Community Options' 20th Anniversary of providing services throughout New York State. National nonprofit Community Options, Inc. rang the Closing Bell at the New York Stock Exchange on Monday, August 15. Community Options is based in Princeton, NJ and provides housing and employment support to thousands of individuals with intellectual and developmental disabilities across the nation. School to Employment Program (STEP) participant Max Depelteau rang the Closing Bell for Community Options, a record day at the 224-year-old New York Stock Exchange as all three major U.S. stock indexes ended at all-time highs on Monday STEP is a community Options program. STEP is a job-training program for young adults with developmental disabilities, who are transitioning from school to the workforce. STEP has successfully mitigated the risks associated with the underemployment of people with disabilities by consistently preparing, training, and placing participating participants in meaningful jobs. Max currently works two days a week at his paid job at Experienced Support Coordination as an office clerk and continues to attend the STEP program three days per week. The 24-year-old is hoping to lock down a five day a week paid job in the near future. Max started in STEP as a high school student from West Windsor Plainsboro High School North. Community Options Enterprises Managing Director Dina Casalaspro, Grant Writer Cherry Watson, Regional Director Katie Valle, Community Options Enterprises Managing Director Andrew Park, STEP Director Meghan Hunter, Employment Specialist Donna Orr, Program Manager Caroline Garcia and Community Options Enterprises board member Philip Lian and his wife Joan Mueller were also on hand to represent Community Options as well. Community Options is celebrating its 20th year of service in the state of New York and will hold a fundraising Gala on Thursday, October 6 to honor the milestone. The Gala will take place at Pier 61 of The Lighthouse at Chelsea Piers at 6 p.m. The festivities will include cocktails, dinner and a silent auction. The Lighthouse at Chelsea Piers is located at 23rd Street and West Side Highway in New York City. ### About Community Options, Inc.: For over 25 years, Community Options has developed housing and employment programs for people with disabilities – serving thousands of people through 38 offices across 10 states. Community Options provides advocacy assistance to empower people with disabilities because all people – regardless of ability level – should live and work in the community with dignity, choice and self-determination. For more information please visit our website: www.comop.org and to follow along with the ComOpCares campaign, search #ComOpCares on Facebook, Twitter and Instagram.
Views: 184 CommunityOptions
New York Stock Exchange Leads in Global Capital Raising in First Half of 2014
 
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NEW YORK--(BUSINESS WIRE)-- The New York Stock Exchange, part of the Intercontinental Exchange (NYSE: ICE) global network of exchanges, remained the global leader in capital raising in the first half of 2014. With $20.7 billion in total proceeds raised from 89 initial public offerings (IPOs), the NYSE is set to outpace 2013 in total IPO proceeds. "Across the board it has been a strong first half, with notable activity from tech, financial services and energy sectors," said EVP and Head of Global Listings, Scott Cutler. "Based on the current momentum and pipeline, the IPO market is set to surpass 2013, which was a record year. In addition, our activity from non-U.S. IPOs affirms NYSE as the global center for raising capital and speaks to the strength and stability offered by the U.S. capital markets." More than 85% of all U.S. IPOs this year have leveraged the JOBS act -- with $20.3 billion raised from JOBS Act IPOs so far this year -- a reflection of how the capital markets can support emerging growth companies. The NYSE advocated for the JOBS act and continues to support policy that encourages companies to access the public markets. In addition, the NYSE remains an active participant in the current market structure dialogue aimed at reducing the complexity and fragmentation of the U.S. stock market to ensure confidence in the operation of the markets. "The ability to access public markets through an IPO process fuels our economy, fosters innovation and drives job creation," said NYSE President Tom Farley. "As we continue to see an increasing number of companies access capital markets to support their growth objectives, it is essential to global economic growth that a fair, transparent and efficient market structure exists to support companies of all sizes as they list and trade on our markets." NYSE First Half of 2014 In the U.S., NYSE Group, which represents NYSE and NYSE MKT combined, raised $20.7 billion in total proceeds from IPOs, accounting for 61% of all proceeds raised from U.S. IPOs Includes 3 of the 5 largest IPOs: Ally Financial (NYSE: ALLY), Santander Consumer USA Holdings (NYSE: SC) and IMS Health Holdings (NYSE: IMS). Includes 3 NYSE MKT IPOs; 12 total new NYSE MKT listings. NYSE Group is the leader in follow-on financing with $62.7 billion in proceeds raised as of June 27, 2014, as well as spin-off transactions, accounting for 76% of all spin-offs. NYSE continues to lead in transfers and added 4 transfers from other exchanges, representing a total of $7.7 billion in market cap including Deckers Outdoor Corporation (NYSE: DECK), EnLink Midstream Partners (NYSE: ENLK) and Banc of California Inc. (NYSE: BANC). Reflective of high quality listings, NYSE Group IPOs YTD have a median return of 11.9%, a median market cap of $703 million and $166 million in median proceeds raised -- superior to other exchange listed IPOs. Looking ahead, several prominent companies have indicated their intent to list with the NYSE, including Alibaba Group Holding Limited. Leadership across sectors and geographies NYSE led in technology listings with 22 tech IPOs, representing 58% of all U.S. tech IPOs and raising a combined $4.5 billion in proceeds including IMS Health (NYSE: IMS), Zendesk (NYSE: ZEN), GrubHub (NYSE: GRUB), Arista Networks (NYSE: ANET) and Cheetah Mobile (NYSE: CMCM). 87% of all energy IPOs listed with NYSE, raising a combined $5.5 billion in proceeds. Financial services IPOs on the NYSE raised $6.4 billion in proceeds, accounting for 77% of all offerings in that sector. NYSE continues to attract non-U.S. IPOs, with 72% more non-U.S. IPOs YTD compared to first half of 2013. Leadership in Exchange Traded Products NYSE Arca led in new exchange traded product (ETP) listings in the first half of 2014; of the more than 100 ETPs that listed in the U.S. in the first half of 2014, nearly 90% listed on NYSE Arca. NYSE Arca has over 50 issuers with nearly 1,500 ETPs, representing nearly $1.7 trillion of combined assets under management.
August 5, 2016 Financial News - Business News - Stock Exchange - NYSE - Market News
 
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August 5, 2016 Financial News - Business News - Stock Exchange - NYSE - Market News CLICK HERE➡ ➡ http://FinancialBuzz.com Business News - Financial News - Stock News -- New York Stock Exchange -- Market News 2016 Business News - Financial News - Stock Exchange -- Wall Street -- Market News - New York Stock Exchange 2016 On Monday, the first day of August, U.S. stocks were mixed amid falling oil prices. The ISM manufacturing index came in at 52.6, slightly below estimate, but any number above 50 indicates expansion. The Markit PMI manufacturing index reading for July came in at 52.9. Construction spending for June declined 0.6 percent. Oil prices were under pressure Monday, with U.S. crude futures settling 3.7 percent lower. On Tuesday stocks extended losses but even with the falls, stocks moved less than 1% for a record-breaking 14th straight day. Oil dropped below $40 for the first time since April. Auto sales came in at 17.88 million on an annualized basis, beating expectations. Personal income rose 0.2% in June, while personal spending rose 0.4%. On Wednesday sharp rebound in oil prices gave stocks a lift, as the Dow finally snapped its 7-day losing streak. ADP Private Payrolls increased by 179,000 jobs. The reading on the non-government labor market was higher than the 176,000 expected by economists. On Thursday stocks were flat despite a rise in oil prices. Jobless claims jumped 3,000 to 269,000, but claims have been below the key 300K benchmark of a healthy labor market for 74 weeks. New factory orders fell 1.5% in June. On Friday job creation crushed estimates as the U.S. economy added 255,000 jobs in July. The unemployment rate remained unchanged at 4.9%. The Dow was up triple digits after the jobs report. Kate Spade (NYSE: KATE) shares fell over 18% after the company reported a lower-than-expected profit. While net sales increase 13.7 percent to $320 million, comparable-sales growth still came to an abrupt slowdown during the latest quarter and fell short of analysts' estimates. The company also slashed its full-year profit and sales forecasts. Verizon (NYSE: VZ) will buy GPS vehicle tracking company FleetMatics (NYSE: FLTX) for about $2.4 billion in cash. Verizon hopes the purchase will help the company expand into the connected vehicle and fleet management market. Verizon will pay $60 per FleetMatics share; the deal is expected to close in the fourth quarter of 2016. Pfizer (NYSE: PFE) this week announced it had acquired a private biotech firm Bamboo Therapeutics. The $150 million deal hopes to highlight Pfizer’s presence in the research of gene therapy. Along with this payment, Bamboo may also receive potential payment of as much as $495 million if Bamboo’s therapies clear various testing and regulatory benchmarks. Amkor Technology (NASDAQ: AMKR) jumped more than 15% on Tuesday after the company reported better-than-expected earnings and guidance, thanks to stronger Android smartphone demand and a quicker recovery from their earthquake-damaged factories in Kumamoto, Japan. Net income was $4.7 million, and revenue rose 24.5% to $917 million. © 2011 Financial Buzz. All rights reserved. No portion of FinancialBuzz.com may be duplicated, redistributed or manipulated in any form without our consent, violators will be prosecuted to the full extent of the law.
Views: 17798 FinancialBuzzMedia
LIVE - Floor of the NYSE! June 8, 2018 Financial News - Business News - Stock News - Market News
 
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Financial News - Business News - Stock News - Market News - Stock Exchange CLICK HERE➡ ➡ http://FinancialBuzz.com Business News - Financial News - Stock News -- New York Stock Exchange -- Market News 2018 Business News - Financial News - Stock Exchange -- Wall Street -- Market News - New York Stock Exchange 2018 On Monday factory orders for April declined .8%, compared to the prior month’s 1.7% gain. Recent worries over trade tensions were shrugged off and markets rose sharply on the strength of the economy. The Dow Industrials closed 178 points higher and the Nasdaq composite closed at a record high. On Tuesday, the ISM non-manufacturing index for May rose 1.8 points to 58.6 and the JOLTS job openings report for April rose 1% to almost 6.7 million jobs. This was the first time in the 20-year history of the JOLTS report that the number of job openings exceeded the number of unemployed looking for work. Markets closed mixed, with tech strong, but the broader market more concerned with trade issues. On Wednesday, the revised first quarter nonfarm productivity came in .4% higher compared to the prior quarter’s .7% gain. Unit labor costs rose 2.9% on top of the prior quarter’s 2.7% gain. The EIA petroleum status report for the week ending June 1st saw crude oil inventory rise 2.1 million barrels while the yield on 10-year Treasuries ended the day at 2.97% and West Texas Intermediate crude finished at $65.05 a barrel. The financial sector rallied on higher interest rates with the Dow Industrials closing 346 points higher, and above 25,000 for the first time since March. On Thursday, jobless claims for the week ending June 2nd fell 1,000 to 222,000. Ten-year Treasuries’ yield fell to 2.93% after a sharp selloff in Brazil’s markets, due to currency concerns. U.S. markets ended the day mixed. On Friday markets opened slightly lower as the G-7 summit prepared to start in Canada. Now let’s take a look at some stocks. Microsoft Corp. (NASDAQ: MSFT) on Monday announced it reached an agreement to acquire GitHub, a large software development platform with more than 28 million developers. Under the terms of the agreement, Microsoft will acquire GitHub for $7.5 billion in Microsoft stock. Microsoft reached over $102 per share on Tuesday, post announcement. Athenahealth, Inc. (NASDAQ: ATHN) announced on Wednesday that its Board of Directors initiated a process to explore strategic alternatives. As part of this process, the Board will consider a sale, merger or other transaction involving the Company as well as continuing as an independent company. The Company announced that Jonathan Bush has stepped down as President, Chief Executive Officer and as a member of the Athenahealth Board, effective immediately. Athenahealth reached a new 52 week high of $163.94 per share. Ambarella, Inc. (NASDAQ: AMBA) announced on Tuesday, financial results for its fiscal first quarter. Revenue came in at $56.9 million, down 11.2% year-over-year. Gross margin was 61.3%, compared with 63.9% a year ago. Ambarella shares fell below $43 on Wednesday. Conn's, Inc. (NASDAQ: CONN) announced on Thursday, its financial results for its fiscal first quarter with net income at $12.7 million compared to a net loss of $2.6 million for the same period a year ago. Total retail revenues were $275 million compared to $279 million year-over-year. Conn’s reached over $32 per share on Thursday after the announcement. © 2011 Financial Buzz. All rights reserved. No portion of FinancialBuzz.com may be duplicated, redistributed or manipulated in any form without our consent, violators will be prosecuted to the full extent of the law.
Views: 18791 FinancialBuzzMedia
October Jobs Report Revealed Good News For Economy
 
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Diane King Hall has the latest Moneywatch report from the New York Stock Exchange.
Views: 160 CBS New York
NYSE President Farley's job in jeopardy after outage response?
 
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FBN’s Charlie Gasparino discusses the outage at the New York Stock Exchange and the potential merger between DISH and T-Mobile. Watch Charlie Gasparino and Liz Claman talk about Wall Street on Closing Bell.
Views: 129 Fox Business
Gabriella with Senior VP at NYSE
 
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I talked to Laura Morrison about her job at the New York Stock Exchange. Filmed on Jan. 31 2014, Chinese New Year (year of the horse).
Views: 178 Gabriella Chu
LIVE - Floor of the NYSE! Nov. 9, 2018 Financial News - Business News - Stock News - Market News
 
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Financial News - Business News - Stock News - Market News - Stock Exchange CLICK HERE➡ ➡ http://FinancialBuzz.com Business News - Financial News - Stock News -- New York Stock Exchange -- Market News 2018 Business News - Financial News - Stock Exchange -- Wall Street -- Market News - New York Stock Exchange 2018 On Monday the ISM non-manufacturing index for October slowed slightly by 1.3 points to 60.3. Markets were mixed on weakness in the tech sector and as investors waited for election results. On Tuesday the JOLTS job openings report for September fell 3.9% to a little over 7 million, lower than expectations. Markets rose, however, trading volume was light as voters hit the polls. Ten year Treasuries yielded 3.22% and oil fell 1.5% to $62.18 a barrel. On Wednesday the EIA petroleum status report for the week ending November 2nd saw crude oil inventory surge 5.8 million barrels. Market rallied strongly with the Dow Industrials closing up 545 points. Investors believed a gridlocked Congress with power divided between the two parties will be better for the economy. Marijuana stocks rallied after Attorney General Jeff Sessions, a legalization critic, resigned. On Thursday jobless claims for the week ending November 3rd fell 1,000 to 214,000 and the Fed finished their meeting and did not change interest rates. In the Fed’s announcement, they downgraded business investment saying it has moderated from its strong level. Markets ended the day mostly lower. On Friday the producer price index for October showed a large jump of .6%, much higher than expectations and its largest monthly gain in six years. Markets opened lower as crude oil continued to fall which prompted worries of a global slowdown. Now let’s take a look at some stocks. Booking Holdings Inc. (NASDAQ: BKNG) reported its quarterly results on Monday, topping revenue estimates but missing on earnings. However, shares jumped by 7%, breaking $2,000. Revenue increased 11% year over year to $4.8 billion. Etsy Inc.’s (NASDAQ: ETSY) third quarter results, topped its estimates, reporting revenue of $150 million increasing 41% year over year. Net income declined by almost 23% year over year to 21 cents per share. Active sellers increased by 8% and active buyers increased by 17% year over year. Shares rose 10% after the release. Twilio Inc. (NYSE: TWLO) released its third quarter results after market close on Tuesday. Twilio beat estimates as well as provided a revised guidance, sending shares surging over 30%. The company reported revenue of $168 million, increasing 68% year over year and topping estimates of $150 million, with earnings per share of 7 cents, compared to a loss of 8 cents per share a year ago. Roku, Inc. (NASDAQ: ROKU) reported its results after market close on Wednesday. For the quarter, Roku reported revenue of $173 million with a per share loss of 9 cents. Active accounts outpaced estimates, reporting 23.8 Million. Despite topping estimates in both revenue and earnings, shares plunged by over 18%. TripAdvisor, Inc. (NASDAQ: TRIP) reported results on Wednesday and surpassed analysts’ estimates, sending shares surging over 15%. TripAdvisor reported revenue of $458 million, increasing 4% year over year and earnings per share of 72 cents, increasing 100% year over year and crushing estimates of 24 cents per share. © 2011 Financial Buzz. All rights reserved. No portion of FinancialBuzz.com may be duplicated, redistributed or manipulated in any form without our consent, violators will be prosecuted to the full extent of the law.
Views: 4035 FinancialBuzzMedia
Alibaba Celebrates it's IPO on the New York Stock Exchange
 
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Alibaba Group’s mission is to make it easy to do business anywhere, and Alibaba believes customers come first. Consistent with Alibaba Group’s vision of “customers first,” the company has chosen eight customers to represent Alibaba at the NYSE Opening Bell.
R1RCM Medical Transcription Jobs
 
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Jobs at R1RCM - an MNC and New York Stock Exchange listed company - positions are at Noida and Hyderabad.
Views: 764 Zulfiquar Ali
New York Stock Exchange names first female leader
 
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(22 May 2018) The New York Stock Exchange has named its first female leader in the history of the 226-year-old bourse. The parent company of the NYSE, Intercontinental Exchange Incorporated, said Stacey Cunningham will become the 67th president. She's currently NYSE's chief operating officer. Cunningham will start her new job on Friday. She succeeds Thomas Farley, who came to the NYSE in November 2013. Farley has announced he's leaving Atlanta-based Intercontinental Exchange to lead a new special-purpose acquisition company. That means that two of the world's most well-known exchanges will be led by women. Adena Friedman became CEO of Nasdaq in early 2017. Cunningham first started at the NYSE as an intern in 1994. Find out more about AP Archive: http://www.aparchive.com/HowWeWork Twitter: https://twitter.com/AP_Archive Facebook: https://www.facebook.com/APArchives Google+: https://plus.google.com/b/102011028589719587178/+APArchive​ Tumblr: https://aparchives.tumblr.com/​​ Instagram: https://www.instagram.com/APNews/ You can license this story through AP Archive: http://www.aparchive.com/metadata/youtube/1cb9e33de5b20e280ae78faea41e2a70
Views: 51 AP Archive
NYSE, United Airlines and Wall Street Journal Currently DOWN
 
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In a bizarre technical glitch that may or may not be a hacking job, the New York Stock Exchange, United Airlines and parts of WSJ have been down for several hours. Ron Placone offers some thoughts. http://www.ronplacone.com http://www.salon.com/2015/07/08/bizarre_new_york_stock_exchange_wall_street_journal_and_united_airlines_downed_by_technical_glitches/ http://money.cnn.com/2015/07/08/investing/nyse-suspends-trading/index.html
Views: 223 Ron Placone
Trading Floor at New York Stock Exchange (NYSE)
 
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NYSE seen from the members gallery on August 9, 2007
Views: 277416 EH11937
July 15, 2016  Financial News - Business News - Stock Exchange - NYSE - Market News
 
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July 15, 2016 Financial News - Business News - Stock Exchange - NYSE - Market News CLICK HERE➡ ➡ http://FinancialBuzz.com Business News - Financial News - Stock News -- New York Stock Exchange -- Market News 2016 Business News - Financial News - Stock Exchange -- Wall Street -- Market News - New York Stock Exchange 2016 On Monday, the S&P 500 closed at a record high of 2,137, with markets still rallying from last week’s exceptionally good jobs report. Ten year Treasury yields remained near record lows, at 1.43%. On Tuesday, the JOLTS job report for May fell sharply by 5.9% to 5.5 million jobs, fears over Brexit subsided, and Japan’s Prime Minister Shinzo Abe ordered new stimulus for his country’s economy. Markets rallied, and the Dow Industrials and the S&P 500 both closed at record highs. On Wednesday, import prices for June rose .2% on top of the prior month’s 1.4% rise. Export prices rose .8% on top of the prior month’s 1.2% rise. The EIA petroleum status report for the week ending July 8th showed a decline of 2.5 million barrels and the Federal Reserve released its Beige Book report. Eleven of twelve Fed districts are reporting growth, however, the consumer sector shows signs of softening, even though the labor market remains stable. Oil prices remain too soft to create inflation, with U.S. crude falling to a two month low of $44.75 a barrel. Markets ended the day up slightly, however, this was enough to set new highs for both the Dow Industrials and the S&P 500. On Thursday, jobless claims for the week ending July 9th were unchanged compared to the prior week at 254,000. The producer price index for June was up .5%, compared to the prior month’s .4% gain. The Dow Industrials gained 134 points to close at another record high, and the S&P 500 also closed at a record. On Friday, retail sales for June showed a gain of .6%, compared to the prior month’s .2% gain and much higher than expectations. Industrial production for June was up .6% compared to the prior month’s .3% decline, also higher than expectations. Markets opened up slightly on the news. Now let’s take a look at some stocks. Shares of Evolent Health Inc. (NYSE: EVH) went up about 20% Wednesday after the healthcare company announced it will acquire the majority of competitor Valence Health Inc. for about $145 million. Valence Health is a private equity-backed health care IT and services firm with expertise in the Medicaid and pediatric markets. Amazon (NASDAQ: AMZN) is reporting strong numbers associated with their latest Prime Day. The online retailer said Wednesday that the Prime Day this week was its biggest sales day ever, with worldwide orders rising more than 60 percent compared to last year. In the U.S., orders increased by about 50% over last year. Japanese social networking company, Line (NYSE: LN), made its debut on the New York Stock Exchange Thursday. Line opened to the public at $42 per share, with 22 million shares offered, and is now the largest technology IPO of 2016, which hasn’t been a good year for IPO’s so far. Shares of JPMorgan Chase & Co. (NYSE: JPM) went up after the investment bank reported quarterly earnings easily surpassing expectations. The company reported profit of $1.55 per share, compared to estimates of $1.43 a share, on revenue of $25 billion. © 2011 Financial Buzz. All rights reserved. No portion of FinancialBuzz.com may be duplicated, redistributed or manipulated in any form without our consent, violators will be prosecuted to the full extent of the law.
Views: 25881 FinancialBuzzMedia
Hilton Worldwide Returns to the New York Stock Exchange
 
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To celebrate its return to the New York Stock Exchange on December 12, 2013, Hilton Worldwide transformed the New York Stock Exchange to display some of the very best of the company's more than 4,000 hotels. Sharing the light and warmth of hospitality, door and bell team members welcomed everyone at the entrances and food and beverage team members served breakfast on the trading floor. Traders also donned special edition Hilton Worldwide -- NYSE listed bathrobes to mark the occasion. President and CEO Christopher J. Nassetta celebrated the company's listing by ringing The Opening Bell® on December 13 along with seven hotel team members and executives from the company as well as majority shareholder Blackstone.
Views: 18628 Hilton
June 3, 2016 Financial News - Business News - Stock Exchange - Market News
 
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June 3, 2016 Financial News - Business News - Stock Exchange - NYSE - Market News CLICK HERE➡ ➡ http://FinancialBuzz.com Business News - Financial News - Stock News -- New York Stock Exchange -- Market News 2016 Business News - Financial News - Stock Exchange -- Wall Street -- Market News - New York Stock Exchange 2016 This was a shortened holiday trading week but also a very busy, data heavy week for the U.S. economy. On Tuesday, the last trading day of May, stocks were mixed, personal spending jumped 1 percent in April, and the biggest increase in more than six years. Personal income rose 0.4 percent but consumer confidence declined in May to 92.6. The Chicago PMI reading for May fell to 49.3, indicating a slight contraction in manufacturing activity in the Midwest region. On Wednesday U.S. stocks recovered losses to close a touch higher. The Fed's Beige Book released Wednesday afternoon said there was modest economic growth since the last report. Fed officials see the job market tightening across most regions of the U.S., pushing up wages for many workers. The ISM's manufacturing index rose to 51.3; auto sales came in at 17.45 million; and April construction spending fell 1.8 percent. On Thursday markets closed little changed. The latest ADP report showed the U.S. economy added 173,000 jobs in May, exactly in-line with expectations. Initial jobless claims fell 1,000 to a 267,000 level which is a five-week low. On Friday a huge miss on the May jobs report, which showed only 38,000 jobs were created in the month, much weaker than expected, but the unemployment rate fell from 5% to 4.7%., but not for good reasons, as more people stopped looking for work and fell out of the workforce. The weak May jobs report may very well take a June rate hike off the table for the Fed. Now let’s take a look at some stocks Joy Global (NYSE: JOY) jumped more than 8.5% after the mining equipment specialist released its fiscal second-quarter financial report. The company surprised investors by posting a modest profit, despite a 26% quarterly revenue decline. The company will cut about $100 million in costs by end of this year. Shares of Michael Kors (NYSE: KORS) were on fire after the retailer beat earnings forecasts and investors reacted enthusiastically to the news. Michael Kors’ revenue climbed 11% to $1.2 billion for the most recent quarter. However, looking ahead, the retailer is projecting a weak outlook for its new fiscal year. Under Armour (NYSE: UA) stock fell 5% after-hours on Tuesday; the downshift is entirely due to the impending bankruptcy of Sports Authority, which is a large wholesale customer of Under Armour, and is in process of liquidation. Under Armour has to take a hefty impairment charge that will pinch profits to at least $50 million this year. The company dialed back its 2016 outlook; revenue growth is now expected to come in at 24% compared to the 26% number that was forecasted in April. Frontline (NYSE: FRO) stock climbed on Tuesday after the company posted its first quarter earnings. The shipping company reported total operating revenue for the quarter was $227 million, while net income jumped 25.8 percent, easily beating Wall Street's estimates of $187.2 million. © 2011 Financial Buzz. All rights reserved. No portion of FinancialBuzz.com may be duplicated, redistributed or manipulated in any form without our consent, violators will be prosecuted to the full extent of the law.
Views: 23329 FinancialBuzzMedia
New York Stock Exchange’s First Female President Starts Her First Day | TODAY
 
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In 226 years, the New York Stock Exchange has never had a female president before. But now Stacey Cunningham is making history on Wall Street. TODAY’s Savannah Guthrie catches up with her on her first day at work on the floor of the Exchange. » Subscribe to TODAY: http://on.today.com/SubscribeToTODAY » Watch the latest from TODAY: http://bit.ly/LatestTODAY About: TODAY brings you the latest headlines and expert tips on money, health and parenting. We wake up every morning to give you and your family all you need to start your day. If it matters to you, it matters to us. We are in the people business. Subscribe to our channel for exclusive TODAY archival footage & our original web series. Connect with TODAY Online! Visit TODAY's Website: http://on.today.com/ReadTODAY Find TODAY on Facebook: http://on.today.com/LikeTODAY Follow TODAY on Twitter: http://on.today.com/FollowTODAY Follow TODAY on Google+: http://on.today.com/PlusTODAY Follow TODAY on Instagram: http://on.today.com/InstaTODAY Follow TODAY on Pinterest: http://on.today.com/PinTODAY New York Stock Exchange’s First Female President Starts Her First Day | TODAY
Views: 1054 TODAY
New York News - J.C. Penney Co., New York Stock Exchange., Boston
 
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J.C. Penney job No. 1: Calming vendors As J.C. Penney Co. burns through its cash after a disastrous turnaround plan and taps almost half of its credit line, the flailing department store chain doesn't only have to calm its investors. http://news.yahoo.com/j-c-penney-job-no-1-calming-vendors-191459596--finance.html Dow has worst day this year as commodities plunge NEW YORK (AP) — The stock market had its worst drop this year as prices for oil and other commodities fell sharply on concerns about slowing growth in China. http://news.yahoo.com/dow-worst-day-commodities-plunge-201414014--finance.html Security beefed up in NYC after Boston explosions NEW YORK (AP) — Police in New York City and London are stepping up security following explosions at the Boston Marathon. http://hosted2.ap.org/APDEFAULT/386c25518f464186bf7a2ac026580ce7/Article_2013-04-15-Marathon%20Explosions-Security/id-2f9c114c742a4b2ab38758e0a55aaf52 http://www.wochit.com
Views: 281 Wochit Business
March 4, 2016 Financial News - Business News - Stock Exchange - Market News
 
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March 4, 2016 Financial News - Business News - Stock Exchange - NYSE - Market News CLICK HERE➡ ➡ http://FinancialBuzz.com Business News - Financial News - Stock News -- New York Stock Exchange -- Market News 2016 Business News - Financial News - Stock Exchange -- Wall Street -- Market News - New York Stock Exchange 2016 On Monday the pending home sales index for January slowed by 2.5% to 106, and the Chicago PMI came in at contraction territory at 47.6, but it didn’t move the market much. The People’s Bank of China cut its reserve requirement ratio by .5%, the first cut since last October. West Texas Intermediate crude was up 3% to $33.75 a barrel. The Dow Industrials ended the day down 123 points. On Tuesday, motor vehicle sales for February were an annualized 17.5 million units, compared to the prior month’s 17.6 million. The PMI manufacturing index for February was 51.3, down from 52.4, and the ISM manufacturing index was 49.5, up from the prior month’s 48.2. In January , construction spending rose 1.5% to its highest level since 2007. Markets were up strongly with the Dow Industrials gaining 348 points. On Wednesday, the ADP employment report for February showed a gain of 214,000 jobs, stronger than expected, and the EIA petroleum status report for the week ending February 26th showed the oil glut gained another 10.4 million barrels, however, production dropped by 25,000 barrels a day. Markets ended the day with slight gains. On Thursday, jobless claims for the week ending February 27th rose 6,000 to 278,000, factory orders for January increased 1.6%, and the ISM non-manufacturing index for February held just about even at 53.4. On Friday, non-farm payrolls for February were 242,000 up 70,000 from the prior month, the unemployment rate remained unchanged at 4.9% and average hourly earnings declined by .1%. Markets opened slightly higher on the news. Now let’s take a look at some stocks. JD.Com Inc. (NASDAQ: JD) shares surged about 4% Tuesday morning, after the company posted fourth quarter earnings for its fiscal 2015. The Chinese online direct-sales company showed better-than-expected results, and benefited from a very strong Gross Merchandising Volume (GMV), which jumped more than 69% year-over-year, to $22 billion. Kate Spade (NYSE: KATE) shares rallied despite mixed results. The company reported earnings of $0.32 per share on $429 million in revenue, slightly below expected revenue of $444 million. Kate Spade provided guidance for 2016, expecting EPS in the range of $0.70 to $0.80 and net sales around $1.4 billion. Costco Wholesale (NASDAQ: COST) reported disappointing earnings again, showing a second straight quarterly decline in sales growth. Costco has a reputation for consistent growth, however, the quarterly report released Thursday morning said that the strong dollar hurt results, with comparable store sales rising only 1% year over year instead of 5%. The Kroger Company (NYSE: KR) shares plummeted after the operator of retail food and drug stores reported supermarket sales rose slower than expected due to the shift of the Super Bowl to February and unusually warm weather. Shares of the company dropped more than 8%on Thursday morning. Kroger has often benefited from snowstorms as customers usually stock up on groceries and products. 51job, Inc (NASDAQ: JOBS) shares jumped more than 15% on Thursday morning, as the Chinese human resource services company reported an increase in revenue of 16% to $94 million, exceeding the companies own expectations. © 2011 Financial Buzz. All rights reserved. No portion of FinancialBuzz.com may be duplicated, redistributed or manipulated in any form without our consent, violators will be prosecuted to the full extent of the law.
Views: 34741 FinancialBuzzMedia
Chatting with a 23-year-old Stock Trading Millionaire
 
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Umar's insta ▶ https://www.instagram.com/umarashraf/ Book he recommends on Stock Trading ▶ https://amzn.to/2LwshtV Follow my instagram ▶ http://www.instagram.com/mrhales109 Get a beautiful watch! Use code "LAHWF" for 25% OFF ▶ https://www.durden.life/ Chatting with a 23-year-old Stock Trading Millionaire interview "A stock trader or equity trader or share trader is a person or company involved in trading equity securities. Stock traders may be an agent, hedger, arbitrageur, speculator, stockbroker. Such equity trading in large publicly traded companies may be through one of the major stock exchanges, such as the New York Stock Exchange or the London Stock Exchange, which serve as managed auctions for stock trades. Stock shares in smaller public companies are bought and sold in over-the-counter (OTC) markets." - wikipedia Camera i use ▶ https://amzn.to/2ruQgST Mic i use ▶ https://amzn.to/2Ka6zM7 Subscribe for Weekly Videos ▶ https://goo.gl/6HjQXE Follow My Instagram ▶ http://www.instagram.com/mrhales109 Follow My Twitter ▶ http://www.twitter.com/lahwf Like the Facebook page ▶ http://www.facebook.com/lahwf Things i Use & Love ▶ https://www.amazon.com/shop/andrewhales I am a participant/influencer in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for us to earn fees by linking to Amazon.com and affiliated sites. Some more very easy ways (and free perks for you!) to support me: - Have you tried Airbnb? Sign up with my link and you’ll get $40 off your first trip ▶ https://abnb.me/e/XyfWta5TAM - Book a Cameo! I'll shoutout or say/answer anything you want ▶ http://www.bookcameo.com/lahwf - Free $5 Uber first time promotion code ▶ "UberLAHWF" - Liking the videos! - Turning notifications on with the bell by the subscribe button! - obviously subscribing! - commenting! I read them all (at least on the first day anyway) - Buying the Merch or my favorite amazon products Of course, I understand what's most important for my livelihood is to consistently upload interesting content for you that doesn't suck. It's a blessing to make videos for a living and everything you've done for me thus far, even if this is the first video of mine you've ever clicked on, (and especially if you've scrolled down this far in the description!) is much appreciated. I will always be grateful for your viewership. For these reasons, you're the goat. OT4Y OT4Y, Andrew Hales LAHWF Send Fan Mail (or anything else you'd like) to: 5419 hollywood blvd. ste. C825 Hollywood CA, 90027
Views: 1380339 LAHWF
December 5, 2014 - Business News - Financial News - Stock News --NYSE -- Market News 2014
 
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December 5, 2014 Financial News - Business News - Stock Exchange - NYSE - Market News CLICK HERE➡ ➡ http://FinancialBuzz.com Business News - Financial News - Stock News -- New York Stock Exchange -- Market News 2014 Business News - Financial News - Stock Exchange -- Wall Street -- Market News - New York Stock Exchange 2014 Markets reached new highs, but not without taking pause at sobering economic news. On Monday, news from the National Retail Federation showed that retail traffic at stores and online over the four day Thanksgiving holiday weekend were down 5.2% from last year. In addition, total spending for the weekend is expected to drop 11%. Also, Markit’s November purchasing managers’ index for the Euro zone was 50.1, its lowest level since June 2013, and China didn’t fare any better coming in at 50. Anything above 50 indicates expansion, while below 50 indicates contraction. The only good news was the Institute for Supply Management’s November index didn’t drop as much as expected and remained strong at 58.7. On Tuesday, the Dow Industrials closed at a record high, on news of strong auto sales. In November, vehicle sales rose 4.2% to 17.2 million, higher than expectations, and the strongest growth for the month since 2003. On Wednesday, the Dow Industrials and the S&P 500 closed at record highs, due to encouraging economic reports. The Federal Reserve released their latest Beige Book, showing inflation remains under control, the job market continues to improve, lower gas prices, and they expect robust holiday spending. The ADP employment report for November came in at 208,000, lower than expectations, but still considered strong. The Institute for Supply Management’s November services index was 59.3, up from 57.1 and almost at its highest level in 9 years. On Thursday, news that the European Central Bank is expected to consider quantitative easing at its January meeting wasn’t enough to keep the markets going up and they closed the day slightly lower. Jobless claims for the week ending November 29th were 297,000, down from the prior week’s 314,000. On Friday, nonfarm payrolls for November soared, coming in at 321,000 up from 243,000 and dramatically above expectations. The unemployment rate remained unchanged at 5.8%. December 5, 2014, Weekly Stock Market Wrap up: JMP Securities (NYSE: JMP) Apple (NASDAQ: AAPL) Biogen Idec (NASDAQ: BIIB) Amazon (NASDAQ: AMZN) Abercrombie & Fitch Co. (NYSE: ANF) Business News - Financial News - Stock Exchange - New York Stock Exchange -- Wall Street -- Market News 2014 http://www.financialbuzz.com financial news, financial stock news, business news, stock news, financial news today, stock news today 2014, financial news now, stock news now, stock news, business news, financial news, © 2011 Financial Buzz. All rights reserved. No portion of FinancialBuzz.com may be duplicated, redistributed or manipulated in any form without our consent, violators will be prosecuted to the full extent of the law
Views: 16679 FinancialBuzzMedia
September 6, 2013 Business - Financial - Stock Exchange -- Wall Street -- Market News 2013 -- 2014
 
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September 6, 2013 - Business News - Financial News - Stock News --NYSE -- Market News 2013-2014 CLICK HERE➡ ➡ http://FinancialBuzz.com Business News - Financial News - Stock News -- New York Stock Exchange -- Market News 2013-2014 Business News - Financial News - Stock Exchange -- Wall Street -- Market News - New York Stock Exchange 2013-2014 The U.S. markets were closed for Labor Day Monday, but that didn’t stop Verizon Communications Inc. (NYSE: VZ) from announcing it will pay $130 billion to acquire Vodafone Group Plc’s (NASDAQ: VOD) 45% stake in their wireless joint venture. As the week continued, a wealth of statistics were reported. The Institute for Supply Management, ISM, released their manufacturing index for August, hitting 55.7, the highest reading since June 2011. A reading above 50 indicates expansion in the sector. The trade deficit worsened in July to $39.1 billion, up from $34.2 billion in June. Weak overseas demand was a factor, with exports to China falling 4.9%. Mortgage applications for U.S. home loans rose for the first time in four weeks. Syria remained a concern in the backdrop as President Obama continued to make his case for military action to Congress. The Federal Reserve released its Beige Book and it presented a fairly upbeat analysis of economic conditions throughout the 12 districts in the country. Economists are widely expecting the Fed to use this evidence as justification to start winding down its bond purchasing program. The Labor Department reported that weekly jobless claims declined to almost the lowest levels in five years. Factory orders fell 2.4% in July, ending a 3 month upward streak. The G20 summit on the global economy is taking place in St. Petersburg, Russia. Even though Syria wasn’t on the official agenda, world leaders have been debating appropriate action. The Bureau of Labor Statistics revealed that nonfarm payrolls increased in August to 169,000, but the big shocker was the downward revision of June and July numbers by 74,000. Unemployment dropped slightly to 7.3%, but this was attributed to frustrated job seekers dropping out of the job market. The numbers were soft enough to prompt some analysts to say that even though the Fed will slow down the stimulus program, it will be at a very gentle pace. Bonds rallied strongly on the news. Now let’s take a look at some stocks. Microsoft Corporation (NASDAQ: MSFT) Nokia Corporation’s (NYSE: NOK) . Dollar General Corporation (NYSE: DG), Rockwell Medical, Inc. (NASDAQ: RMTI) Business - Financial - Stock Exchange -- Wall Street -- Market News 2013 -- 2014 http://www.financialbuzz.com financial news, financial stock news, business news, stock news, financial news today, stock news today 2013, financial news now, stock news now, stock news, business news, financial news, Reserve, © 2011 Financial Buzz. All rights reserved. No portion of FinancialBuzz.com may be duplicated, redistributed or manipulated in any form without our consent, violators will be prosecuted to the full extent of the law
Views: 18832 FinancialBuzzMedia
Honor society at the New York Stock Exchange Tree Lighting
 
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front row for Honor Society at the New York Stock Exchange Tree Lighting they sang Over You and two christmas songs they looked hot and did a great job(:
Views: 100 aamanzi555
USA - Panic Selling At The Stock Exchange
 
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T/I: 11:10:45 A wave of panic selling hit the stock and bond markets on Wall Street in New York on Friday (8/3) after the US government reported an unexpected surge in job creations, fuelling fears of resurgent inflation. SHOWS: NEW YORK, USA, 8 MARCH, 1996 high shot of stock exchange floor, ss men clapping as bell rings pull out and pan across exchange 0.53 ends You can license this story through AP Archive: http://www.aparchive.com/metadata/youtube/16795c783dbc461d48723e7035af008a Find out more about AP Archive: http://www.aparchive.com/HowWeWork
Views: 1470 AP Archive

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