Nasdaq Chief Sees Changes Ahead
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NEW YORK - Nasdaq plans to list itself on its own National Market by the end of the year, President and Chief Executive Robert Greifeld said Wednesday.
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Wall Street was set to start a  shortened session higher on Tuesday, helped by the latest  merger and acquisition news and before data on the  manufacturing and housing sectors.
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Nasdaq Stock Market  is flexible about extending its initial Friday deadline for receiving expressions of interest from potential buyers of its 31 percent stake in the London Stock Exchange , a person familiar with the matter said on Tuesday.
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Wall Street is expected to have a firm  start on Thursday, adding to the previous session&#39;s gains, but  markets will look to a spate of economic reports for direction,  dealers said.
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Merrill Lynch & Co Inc  Chief  Executive John Thain on Wednesday expressed confidence in the  company's core set of businesses, but analysts continue to  worry that more large write-downs are looming.
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HOUSTON -- The New York Stock Exchange could have avoided the controversy over former chief Richard Grasso&#39;s $187.5 million pay package if it had faced more competition, the head of the Nasdaq Stock Market said Wednesday.
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SHANGHAI/HONG KONG  - The Nasdaq Stock Market  has appointed new management in Asia, seeking to boost listings by companies in China and elsewhere in the region.
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The New York Stock Exchange, currently in the process of merging with pan-European rival Euronext, does not rule out making further acquisitions in Europe, NYSE finance chief Nelson Chai said in a magazine interview released on Wednesday.
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Will a new president bring big changes for these companies?
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Nasdaq Stock Market Inc. NDAQ.O said   on Thursday it plans to create an equity and index options   market in the third quarter of 2007, pitting it against   arch-rival NYSE Group Inc. NYX.N, which recently boosted its   presence in the options market.
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U.S. stocks looked set to open around  breakeven on Friday as markets await a speech from Federal  Reserve Chairman Alan Greenspan and some economic data  revisions for direction amid a dearth of corporate news.
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Stock index futures pointed to a steady opening on Wall Street on Thursday ahead of a barrage of results from major companies.
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At PeopleSoftâs European conference this week, the vendorâs senior executives were keen to point out the progress that the firm has made in the past year, including new services to make updates easier for customers.
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NEW YORK - At Merck&#39;s annual analyst meeting, Chief Executive Raymond Gilmartin defended his company&#39;s handling of Vioxx and outlined changes that he says could help restore Merck&#39;s health.
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The next several weeks could dictate whether significant changes are required to get the company back on track and well positioned against Intel.
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Nasdaq Stock Market Inc.  said  on Thursday it plans to create an equity and index options  market in the third quarter of 2007, pitting it against  arch-rival NYSE Group Inc. , which recently boosted its  presence in the options market.
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Wall Street was expected to open little  changed on Friday in cautious trade ahead of the monthly  employment report at 8:30 a.m. EST.