One-size-fits-all stock trading has become a disaster for all but our nation’s largest companies. Our rush to cut trading spreads and commissions has made large caps even more active—but we’ve abandoned the entrepreneur in the process.
“The question you need to ask as a CFO or issuer is how the market is going to support your stock price. Is it going to be a zombie stock, will anyone market you?” asks David Weild, former vice chairman of Nasdaq…
If it succeeds, the rival bid for TMX Group Inc., owner of the Toronto Stock Exchange, will make history far beyond derailing a takeover offer for TMX made by London Stock Exchange PLC in February, supported by Royal Bank of Canada and Bank of Montreal.
Link to Story at TheStar.com
Executives from LinkedIn Corp., reveling in their enormously successful initial public offering last Thursday, rang the New York Stock Exchange’s opening bell. Big money, big smiles, the kind of moment that made the NYSE the Big Board.
Link to Story at Wall Street Journal