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NextEra CFO criticizes exchange for earlier share drop
ReutersNEW YORK, May 23 (Reuters) - NextEra's chief financial officer criticized the New York Stock Exchange for the brief but sharp drop in its share price at the opening. "This is naturally a concern for all our shareholders and potential shareholders,"...Tags: Stock Market, Economy, Business and Finance, Finance
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REFILE-EXCLUSIVE-Malaysia tycoon plans IPO of football club Cardiff City-sources
Reuters(Adds dropped word "Exchange" in paragraph 2) KUALA LUMPUR, May 24 (Reuters) - Malaysian billionaire Vincent Tan is exploring an IPO of U.K football team Cardiff City as early as this year, people with knowledge of the matter told Reuters, in a deal that...Tags: Manchester United F.C., Initial Public Offerings, Malaysia, Sports, Stock Market
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German soccer clubs setting example on and off pitch
Reuters* German rivals to meet for European soccer's top prize * German clubs have stable finances, low ticket prices * Business model meets UEFA blueprint for soccer's future By Karolos Grohmann and Keith Weir BERLIN/LONDON, May 23 (Reuters) - Champions...Tags: Manchester United F.C., Deutsche Telekom AG, Adidas AG, Sports, Stock Market
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General Electric considering IPO for finance business - CEO
ReutersMay 23 (Reuters) - General Electric Co is considering spinning off parts of its financial arm, GE Capital, through an initial public offering as part of its plan to reduce the size of the business, Chief Executive Jeffrey Immelt said. "The capital...Tags: Initial Public Offerings, General Electric Company, Stock Market, Buyback, Economy, Business and Finance
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Forest Labs' longtime CEO Solomon to step down at year-end
ReutersMay 23 (Reuters) - Forest Laboratories Inc said on Thursday that Howard Solomon, who has led the biotech firm since 1977, will retire as chief executive officer at the end of this year and the company will name a successor by that time. The company...Tags: Corporate Officers, Forest Laboratories Incorporated, Board of Directors, Companies and Corporations, Stock Market
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Shares of Ply Gem Holdings rise in market debut
ReutersMay 23 (Reuters) - Shares of Ply Gem Holdings Inc, which makes building products for homes, rose as much as 10 percent in their market debut, valuing the company at about $1.5 billion, as investors tap into companies that cater to the recovering U.S....Tags: Stock Market, U.S. Securities and Exchange Commission, Mastic
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Dutch aluminum products maker Constellium NV trades down in debut
ReutersMay 23 (Reuters) - Dutch aluminum products maker Constellium NV's shares opened 10 percent below their IPO price in their debut on the New York Stock Exchange, valuing the company at $1.36 billion. Constellium, whose shareholders include Apollo Global...Tags: Initial Public Offerings, Stock Market, Financing and Stock Offerings
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Investment groups sue CBOE, other exchanges over charges
ReutersA group of investment firms including Chicago's Citadel Securities LLC have sued the Chicago Board Options Exchange Inc and four other exchanges, alleging improper charges on millions of options trades over a period of seven years. The lawsuit said...Tags: International Securities Exchange Incorporated, Citadel LLC, Crime, Law and Justice, Justice System, Laws
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AEP, Nextera Energy shares drop sharply at opening
ReutersNEW YORK, May 23 (Reuters) - Shares of American Electric Power dropped as much as 54 percent while Nextera Energy sank 62 percent on Thursday, both falling sharply at the opening. In AEP, numerous trades were done in the $20 and $30 range all in the...Tags: Stock Market
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E-commerce software maker ChannelAdvisor shares soar in debut
ReutersMay 22 (Reuters) - Shares of cloud-based e-commerce software provider ChannelAdvisor Corp soared as much as 39 percent in their debut, as enterprise software makers continue to draw investor attention with their strong revenue models. The company's...Tags: Facebook, E-Commerce Industry, Goldman Sachs Group, Inc., Stock Market, eBay Inc.
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Ply Gem shares rise in NYSE debut
Reuters(Reuters) - Shares of building products maker Ply Gem Holdings Inc rose as much as 14 percent in their market debut, valuing the company at about $1.55 billion, as investors tap into companies catering to the recovering U.S. housing market. Ply Gem...Tags: Rentals, Credit Ratings, Goldman Sachs Group, Inc., Stock Market, Economy, Business and Finance
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NYSE says AEP, NextEra trades to stand
ReutersNEW YORK, May 23 (Reuters) - The New York Stock Exchange said after a review of trades in American Electric Power and NextEra Energy in the first minute of trading on Thursday, it has determined that all of the trades will stand. However, it said all...Tags: Stock Market
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