NASDAQ TO OFFER $100M IN SHARES
450290
The Nasdaq is jumping into the gold rush to sell shares of itself to the public, getting a head start over its rival, the New York Stock Exchange.
656494
(InfoWorld) - When the Nasdaq stock market opens next Monday, Indian outsourcer Infosys TechnologiesÂ will become the first Indian company to be included in its prestigious list of top-100 companies. The Nasdaq-100 index is composed of the 100 largest non-financial stocks on the Nasdaq in terms of market capitalization. The inclusion of Infosys follows Nasdaq Stock Market's annual revision of the index. Among the other tech companies to be affected by the changes that take effect on Dec. 18, Level 3 CommunicationsÂ is also being added to the list, while JDS Uniphase is being dropped. Infosys, Indiaâs second largest outsourcer, became the first Indian company to be listed on the Nasdaq in 1999. It has emerged as the poster child for the Indian outsourcing industry, thanks partly to its strong revenue and profit growth, but also due to some deft brand-building in India and abroad. Other companies in the index include Google, Dell, and Microsoft. Outsourcer Cognizant Technology Solutions, of Teaneck, New Jersey, is also in the top-100. Cognizant uses India as a hub for its offshore services delivery. Infosys called its addition to the index an important milestone for the company. Over the years it has tried to break out of the mold of an Indian services provider, to establish itself as a global company on a par with competitors like Accenture and Electronic Data Systems. It has also started to offer higher-value consulting services in addition to its contract application development and business process outsourcing. Infosysâ inclusion in the Nasdaq index is one of several factors that contribute to building a brand, said Siddharth Pai, a partner at Technology Partners International, a sourcing consulting company. Ultimately, however, its continued good performance will matter the most, he said. Infosys, like other Indian outsourcers, is still far from being a true global services company, and to become one it will need to make substantial investments in new geographies and broaden its services offerings, he added.
283209
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.
198968
Internet entrepreneur Brad Greenspan  said on Friday Dow Jones & Co Inc  could be worth $100  per share if it accepted his proposal to invest in the company  instead of selling to Rupert Murdoch&#39;s News Corp.
247989
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.
385471
The brokerage will buy back more than 100 million of its shares at up to $22.50 each, and will pay a one-time dividend.
447805
Rogers Communications Inc. said it will offer about C$774 million ($646 million) in stock for the shares it doesn&#39;t own in Rogers Wireless Communications Inc.
25967
NEW YORK/SYDNEY  - NYSE Euronext  and Australia's ASX Ltd  may be interested in buying part of Nasdaq Stock Market Inc's  31 percent stake in London Stock Exchange Plc , a person familiar with the matter said.
578264
Nasdaq Stock Market Inc  has  given potential suitors until the end of the week to express  interest in its 31 percent stake in the London Stock Exchange  Group Plc  but has not yet received any offers, the Wall  Street Journal reported.
665023
Investors are piling into the shares of the London exchange hoping that NasdaqÂs pursuit of the exchange will lead to a rich buyout.
547686
NEW YORK/SYDNEY  - NYSE Euronext  and Australia's ASX Ltd  may be interested in buying part of Nasdaq Stock Market Inc's  31 percent stake in London Stock Exchange Plc , a person familiar with the matter said on Monday.
326255
NYSE Euronext  and Australia's ASX Ltd  may be interested in buying part of Nasdaq Stock Market Inc's 31 percent stake in London Stock Exchange Plc , a person familiar with the matter said on Monday.
152896
A number of bidders approach US exchange Nasdaq to buy its stake in the London Stock Exchange, say reports.
77479
US stock exchange operator Nasdaq has said that shareholders in the London Stock Exchange have until January 11 to accept its hostile takeover offer.
155073
Oracle Corp.  said on Friday Chief Executive Larry Ellison adopted a plan to sell up to 100 million of the company's shares over the next nine months while gifting almost 2 million shares to the Ellison Medical Foundation.
376247
US stock exchange operator Nasdaq has formally launched a 2.9 billion-pound hostile takeover bid for the London Stock Exchange, setting shareholders a deadline of January 11 to accept the offer.
148193
The five people trading shares Monday mostly sold. For example, a mere 62 million shares of the Nasdaq-100 tracking stock were traded.