Skip to: Content
Skip to: Site Navigation
Skip to: Search
FRIDAY, NOVEMBER 27, 2009
| Subscribe to Newser's RSS feeds RSS | Follow Newser on Twitter Twitter


0

Nasdaq Swipes $80B in NYSE Listings

Nasdaq offers information, screen-time to woo NYSE clients

Share

(Newser) – In the war for stock listings, Nasdaq is on the offensive, offering companies beefed-up information and appearances on the exchange's towering Times Square video screen to woo them from the NYSE, the Wall Street Journal reports. Nasdaq was "very aggressive in creating marketing opportunities" for Dreamworks, including a 7-story Shrek to advertise the Broadway musical nearby, says CEO Jeffrey Katzenberg, whose company starts listing on the smaller exchange today.

With markets slumping and the pace of IPOs dragging, NYSE execs say, the Nasdaq has courted every company it lists. Since 2000, 160 companies have moved from Nasdaq to the Big Board, while only 20 have gone the other way. But last year Nasdaq took companies with $80 billion in market capitalization from the NYSE, compared to the $8 billion NYSE took from Nasdaq.

In this Oct. 2, 2008 file photo, the building-sized American flag wraps around the New York Stock Exchange's towering columns.
In this Oct. 2, 2008 file photo, the building-sized American flag wraps around the New York Stock Exchange's towering columns.   (AP Photo/Mark Lennihan, File)
A board on the floor of the New York Stock Exchange shows the closing Dow Jones Industrial Average number, Friday, Oct. 10, 2008
A board on the floor of the New York Stock Exchange shows the closing Dow Jones Industrial Average number, Friday, Oct. 10, 2008   (AP Photo/Richard Drew)
In this Jan. 30, 2006 file photo, the Nasdaq MarketSite, left, is shown in New York's Times Square.
In this Jan. 30, 2006 file photo, the Nasdaq MarketSite, left, is shown in New York's Times Square.   (AP Photo/Mark Lennihan, File)
« Prev« Prev | Next »Next » Slideshow
OFF THE GRID
11.24.09
Murdoch and Microsoft: The Mice Are Trying to Roar
11.23.09
Books Are Bad for You
0 comments
VIEWING:
 
LEAVE A
COMMENT Comment Policy
Facebook ConnectPost this comment to Facebook?

After connecting you will have the option to post your comment on your Facebook profile.

 

Related Newser Stories

270 Stories

Markets

 Dow Rises 44 on Rates News 

Dallas Fed chief reiterates commitment to low interest rates

Nov 11, 09 3:15 PM CST
(Newser) - Stocks retreated from an earlier rally but closed with solid gains after the Dallas Fed president reaffirmed the central bank's commitment to keeping interest rates low. Meanwhile, home-builder Toll Brothers announced a surge in contracts for the third quarter, the Wall Street Journal reports.
  • The Dow gained 44 points
... More »

MORE ABOUT:
Bank of America • New York Stock Exchange • Intel • Dow Jones • Nasdaq • S&P 500

MARKETS

 Dow Jumps 204 to 52-Week High

Easy money, robust earnings prove a winning combination

Nov 9, 09 3:15 PM CST
(Newser) - Stocks rallied today as traders positioned themselves to profit off the next series of gains, spurred by the Fed's continuation of loose monetary policy and strong corporate earnings.
  • The Dow rose 203.52 points to close at 10,276.94.
  • The Nasdaq gained 41.62, settling at 2,
... More »

MORE ABOUT:
stock market • Dow Jones • Nasdaq • S&P 500

MARKETS

 Dow Up 30 After Rally Fizzles 

Merck sees big gains on earnings projection

Nov 4, 09 3:16 PM CST
(Newser) - A rally that saw the Dow up almost 140 points on the Fed’s announcement that it would keep interest rates low for an “extended period” collapsed in the final hour of trading today, the Wall Street Journal reports.Tanking insurance stocks were blamed.
  • The Dow closed up
... More »

MORE ABOUT:
stock market • Dow Jones • Nasdaq • S&P 500

270 Stories


NYSE-Euronext in talks to ease $1 minimum listing rule
Reuters

'Dollar-standard' could cause massive delistings on New York Stock Exchange
MarketWatch


Business 
TwitterFollow @NewserBusiness on Twitter

 
stock market • NASDAQ • New York Stock Exchange • IPO • Nasdaq • market capitalization • Times Square

from our news partners