Failed Bid Is Setback for Growth at Nasdaq
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Now that its second bid to acquire the London Stock Exchange has failed, Nasdaq will have to come up with a new international expansion strategy.
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Nasdaq Stock Market Inc.  issued a disappointing 2007 earnings forecast on Tuesday, overshadowing strong quarterly earnings and sending its shares down as much as 11 percent.
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The stocks doomed to failure aren't always the ones you think.
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The US stock exchange operator Nasdaq has said that it has failed to win control of the London Stock Exchange after LSE shareholders decided against backing a hostile takeover worth 2.9 billion pounds.
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The London Stock Exchange has described a hostile takeover bid by US stock exchange operator Nasdaq as &quot;wholly inadequate&quot; and called on its shareholders to reject the offer worth 2.9 billion pounds.
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Its hedge fund business continues to stumble.
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US stock market Nasdaq, which had a takeover move in London rejected, sees quarterly earnings triple.
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U.S. shares looked set to open lower  on Tuesday, with stock exchange operators Nasdaq  and  NYSE Group Inc.  in focus as a result of developments in  their respective transatlantic merger endeavors.
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Stock falls on news treatment failed a mid-stage trial, company will cease developing drug. NEW YORK  - AtheroGenics Inc.
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The price of success takes it toll on Grand Theft Auto publisher as share price dips on the Nasdaq; analysts look for what&#39;s due post-GTA.
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But the company's guidance for next year failed to top Wall Street's estimates, and its shares fell in after-hours trading.
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LONDON  -- Nasdaq Stock Markets Inc.  suffered a resounding defeat in its hostile bid for the London Stock Exchange  on Saturday, winning just 0.41 pct of acceptances for its offer for Europe's largest share market.
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The Nasdaq composite index fell more than 2 percent on Friday, hit by concerns about weak job growth and a brokerage downgrade of chip maker Intel Corp .
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LONDON  -- Nasdaq Stock Markets Inc.  suffered a resounding defeat in its 2.7 billion pound ( ($5.31 billion) bid for the London Stock Exchange  on Saturday, saying it had won just 0.41 pct of acceptances for its offer for Europe's largest share market.
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The stock looks reasonably valued but some core businesses are struggling to grow.
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The brokerage unit's IPO tumbles below its opening price.
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SAN FRANCISCO (CBS.MW) -- Typically, when an initial public offering is priced below the proposed price range, it&#39;s considered a disappointment.