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Facebook IPO: Knight Capital Criticizes Nasdaq over Payment

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June 7, 2012
TEST6Facebook IPO Nasdaq

NASDAQ OMX Group, Inc. (NASDAQ:NDAQ) has received criticism from all the corners ever since it screwed up with the Facebook Inc (NASDAQ:FB) IPO. Criticizing the $40 million payout plan by Nasdaq to compensate the investors and brokers, Thomas Joice, the CEO of Knight Capital Group Inc. (NYSE:KCG) said that the total losses are close to $200 million. Thomas further added that he was ”disappointed that Nasdaq’s compensation fund does not come close to covering reported losses from broker-dealers. Their proposed solution...
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Michigan Oil Spill Crisis Exacerbated by Poor Safety Procedures

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June 7, 2012
TEST6Michigan oil spill

Canadian pipeline company Enbridge is in the hot seat for an oil spill from a ruptured line in southern Michigan. Crews in Marshall, Mich., are still working to clean up contaminated areas nearly two years after Line 6B burst open, dumping about 20,000 barrels of so-called tar sands oil into the Kalamazoo River and surrounding waters. A report from the NTSB suggests operators in Canada interpreted the pressure drop associated with the spill incorrectly...
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Foursquare Introduces Their Newly Redesigned Application

in Technology June 7, 2012

Apple (AAPL) Is Depressed, Why?

in Business June 7, 2012

Apple To Add Baidu As The Primary Search Engine Source For China

in Technology June 7, 2012

Hedge Funds Increasingly Bullish On Natural Gas

in Business June 7, 2012

Google (GOOG) Moving In On Amazon (AMZN) Turf

in Business June 7, 2012

With The World Against Iran, Pakistan Stands With it

in Politics June 7, 2012

Gladstone Commercial ticker GOOD: A Misnomer?

in Business June 7, 2012

Green Mountain Coffee Roasters Butchered Its Acquisitions

in Business June 7, 2012

Morgan Stanley Sees Macro News As Rally Driver

in Business June 7, 2012