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UTI Plummets Most in Nasdaq Index as Some Covenants Breached
2014-02-27 00:02:26| Logistics - Topix.net
UTI Worldwide Inc. plummeted the most among companies in the Nasdaq Composite Index after the freight forwarder disclosed that it wasn't in compliance with some financial covenants.
Tags: index
some
nasdaq
breached
S&P 500 rises to record, Nasdaq climbs to 14-year high
2014-02-25 01:01:37| Semiconductors - Topix.net
Stocks jumped on Monday, with the S&P 500 climbing above key resistance to a record high, as optimism over merger activity helped Wall Street erase this year's early weakness.
Tags: high
record
nasdaq
rises
S&P 500 rises to record, Nasdaq climbs to 14-year high
2014-02-24 22:14:57| Electronics - Topix.net
Stocks jumped on Monday, with the S&P 500 climbing above key resistance to a record high, as optimism over merger activity helped Wall Street erase this year's early weakness.
Tags: high
record
nasdaq
rises
Nasdaq extends winning streak
2014-02-19 14:34:21| Biotech - Topix.net
The S&P 500 and Nasdaq rose on Tuesday, following Wall Street's biggest weekly gain of the year, as merger activity increased confidence that there is value in the stock market even as the benchmark index nears a record high.
Tags: winning
extends
nasdaq
streak
New laser network between NYSE and NASDAQ will allow high-frequency traders to make even more money
2014-02-14 15:57:27| Extremetech
High-frequency trading -- the questionable practice of making thousands of algorithmic stock trades per minute -- is about to get a big boost in the USA. Anova, a company that specializes in deploying low-latency networks for stock trading, is completing an ultra-high-speed laser network between the New York Stock Exchange (NYSE) and the NASDAQ. The link will be just a few nanoseconds faster than the current microwave and fiber-optic links -- but in the world of high-frequency trading (HFT), those nanoseconds will result in billions of dollars in profits for the trading companies. Such is the insanity of the stock markets; such is the unbelievable capacity of HFT to create money out of almost nothing.
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