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Matchmaking site lands a date with Wall Street

... d on the  NASDAQ Global Select Market under the ticker symbol “MTCH”, the Wall Street Journal reports. IAC/InterActiveCorp., which owns Match, would retain control of more than 50 percent of voting ri ...More

EJ Insight2015-10-19

Why US presidential election may affect biotech stocks

... aused the Nasdaq biotechnology index to drop by 5 percent. Investors should sell all related stocks or funds if she wins the presidency. The sector would see more volatility in the short term. Also, ...More

EJ Insight2015-09-26

Russian man pleads guilty in US over US$300 mln cyber heist

...  those of Nasdaq OMX Group Inc., 7-Eleven, France's Carrefour SA, JC Penney Co., JetBlue Airways Corp., a Visa Inc. licensee, and Heartland Payment Systems Inc. Drinkman, of Moscow and Syktyvkar, Russ ...More

EJ Insight2015-09-16

China concerns fuel fresh global stock selloff

... exes. The Nasdaq Composite Index lost 2.9 percent to 4,636.10, slipping into negative territory for 2015. "The fact we were down in August at a magnitude that is bigger than we have seen in many years ...More

EJ Insight2015-09-02

Strong US economic data powers global stock rally

... 6 and the Nasdaq Composite added 115.17 points, or 2.45 percent, to 4,812.71. In Europe, the FTSEuroFirst index of leading European companies closed up 3.6 percent. Germany's DAX, France's CAC 40 and ...More

EJ Insight2015-08-28

Wall Street snaps six-day losing streak

... 1 and the Nasdaq Composite added 191.05 points, or 4.24 percent, to 4,697.54. The Dow and the S&P notched up their biggest daily gains since November 2011 and Nasdaq had its biggest one-day jump s ...More

EJ Insight2015-08-27

Wall Street rally fizzles as China worries prevail

... 2 and the Nasdaq Composite dropped 19.76 points, or 0.44 percent, to 4,506.49. Earlier, the S&P rose as much 2.9 percent, the Dow as much as 2.8 percent and the Nasdaq as much as 3.6 percent. Mean ...More

EJ Insight2015-08-26

Why the worst is yet to come in stock markets

... d that of Nasdaq if US$7.1 trillion, a 1-2 percent drop already means a huge loss. Two straight days of 3 percent slumps is definitely a market crash. Meanwhile, capital outflows from emerging equity ...More

EJ Insight2015-08-25

China rout sends Wall Street reeling

... iday. The Nasdaq Composite dropped 179.79 points, or 3.82 percent, to 4,526.25, also in correction. Preliminary data from BATS Global Markets show that there were 1,287 trading halts on US stock excha ...More

EJ Insight2015-08-25

Samsung plans US listing of biotech affiliate

South Korea's Samsung group will make its first foray into the US stock markets through a Nasdaq listing of a biotechnology affiliate, the Wall Street Journal reported.  The group plans to list Samsun ...More

EJ Insight2015-08-21

China worries prompt fresh selloff in global stock markets

... year. The Nasdaq Composite index dropped 2.82 percent to 4,877.49, its biggest daily percentage drop since April 10 last year. Commodity plays came under fresh pressure on worries about weak Chinese d ...More

EJ Insight2015-08-21

Currency war fears ease after China pledge

... 9 and the Nasdaq Composite was down 10.83 points, or 0.2 percent, at 5,033.59. The pan-European FTSEurofirst index of leading 300 blue chips rose 0.9 percent, while the MSCI's broadest index of Asia-P ...More

EJ Insight2015-08-14

Xiaomi: From one of China's hottest firms to yesterday’s news

... or Apple (Nasdaq: AAPL). There's really not much more to say about this news since it's been discussed for a while. But the fact that Xiaomi is having to rely on such small developments to make headli ...More

EJ Insight2015-08-12

Renminbi devaluation clobbers markets

... 4.07. The Nasdaq Composite dropped 1.27 percent to 5,036.79. Oil prices declined as dollar-priced commodities became more expensive, weighing on demand. US crude CLc1 fell more than 4 percent to US$43 ...More

EJ Insight2015-08-12

Why long-term investors don't bother with the market slump

... ents. The NASDAQ index has surpassed its 2000 peak, so is there room for further upside? Investors may have underestimated the changes brought by Google, Facebook and Amazon. Insurance and brokerage p ...More

EJ Insight2015-07-29

China investors should take a look at global stocks

... ushed the Nasdaq index to a record high. Google soared by 16.3 percent within a single day, bolstered by strong revenue growth from mobile ads and YouTube business units. The company is poised to keep ...More

EJ Insight2015-07-22

Facebook fastest to hit US$250 bln, beating Google by six years

... ocks. The NASDAQ Internet Index has almost doubled since Facebook went public. “When you see stocks with these high multiples, it shows you the market’s comfort in the longer-term growth story,” said ...More

EJ Insight2015-07-14

Are foreign investors deliberately driving down A shares?

... contrast, NASDAQ has a forward P/E ratio of 22.2 times and the Russell 2000 about 27.7 times. The US healthcare sector’s forward P/E ratio is 18.5 times while the biotech sector is an expensive 51.19 ...More

EJ Insight2015-07-04

What’s next on the menu after McDonald’s Taiwan pullback?

... ares. The Nasdaq-listed shares have been in the doldrums after their 2011 peak. Restaurant sales reached US$27.4 billion last year, a mere 1.5 percent growth from three years ago, while net profit plu ...More

EJ Insight2015-06-26

More Nasdaq-listed China firms seen returning home

More Nasdaq-listed Chinese firms are likely to unwind their Variable Interest Entity (VIE) structure and list themselves on China's New Third Board (NTB) in the second half of this year, according to ...More

EJ Insight2015-06-04

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