New York Stock Exchange suspends USD 1 listing rule
Good news for the NYSE listed companies which are struggling in these tough economic times.
New York Stock Exchange has announced that they are suspending the rule related to the USD 1 share price till June 30 this year.
NYSE has a rule that requires the listed companies [...]
Visa to file for an IPO to raise $17 billion
Visa Inc is the world’s largest credit-card network and they are preparing to launch their IPO.
The company has filed to raise up to $17 billion through this IPO which is expected to become the largest initial public offering ever.
They are planning to list its share on [...]
SCO out of NASDAQ
Nadaq stock exchange has now suspended trading of the stock of the SCO Group.
The company is currently working on reorganizing their operations under federal bankruptcy protection.
SCO has apparently lost its appeal to the NASDAQ which had earlier this year informed them about this decision to delist them from the trading because of [...]
