Nasdaq to acquire options exchange operator ISE for $1.1B

Nasdaq (NDAQ) has agreed to a $1.1 billion acquisition of International Securities Exchange, the Deutsche Börse Group-owned operator of three electronic options exchanges, the U.S. financial trading company said Wednesday.

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ECB effect: Dow, S&P 500 flat as Nasdaq slips 0.3%

U.S. stocks gave up early gains Thursday as investors digested an array of fresh stimulus measures from the European Central Bank designed to combat weak growth and low inflation but

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Judge tosses lawsuits against BP over drilling ban

In a decision that likely saves oil company BP billions of dollars, a federal district judge has dismissed hundreds of claims for losses because the government shut down deepwater drilling

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Qatar Airways announces new world’s longest flight

Qatar Airways formally announced plans for nonstop service between Doha, Qatar, and Auckland, New Zealand. The route would become the world’s longest when it launches Dec. 3, based on current

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Deutsche Bank and UBS lose tax bonus case

Britain’s top court on Wednesday ruled against Deutsche Bank and UBS in a long-running case over taxes on bonuses that has opened the door to back taxes by the banks

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Stocks slightly higher after one-day sell-off

On a day the Dow and Wall Street are celebrating the bull market’s seventh birthday, oil prices are rebounding and U.S. stocks were slightly higher after a down day Tuesday

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7-year bull makes investors $16T richer!

The bull market celebrates its seventh birthday today. Here’s the real accomplishment, though: Putting $16 trillion into the pockets of investors. Investors with the guts to ride this bull market

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Epic bear market preceded aging bull

Before lighting a candle on the bull market’s seventh birthday today, how about a quick glance back at what things looked like in 2009? Nobody knew at the time, but

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Stocks fall, ending Dow’s 5-day win streak

The Dow Jones industrial average paused Tuesday after a five-session winning streak drove the blue-chip stock gauge to its highest levels since early January. At the 4 p.m. ET close,

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Contraction in U.S. shale pushes oil towards $40

Crude oil prices have rallied by more than 30% since early February and investors are growing more confident that a rebound is in order. Have oil prices finally turned a

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Dow looks to erase 2016 nightmare on Wall Street

The Dow hasn’t done it yet, but it’s close to erasing all the red ink that drenched it at the then-worst start to a year ever. The Dow Jones industrial

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Apple expected to pay $450M in e-book case

Apple is expected to pay $450 million after the Supreme Court on Monday refused to consider the tech giant’s appeal of a ruling that found the company conspired with five

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27 giant profitable companies paid no taxes

Death and taxes are supposed to be two certainties of life. But a few companies have at least escaped the taxes part. There are 27 companies in the Standard &

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Stock storyline shifts from ‘worst start to year’ to not too bad

The worst start to a year ever for the U.S. stock market doesn’t seem so bad now, following a bounce-back rally that has pulled stocks close to 2% of where

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Amazon drops encryption from Fire devices

Retailing giant Amazon confirmed Friday it removed local encryption from its Kindle Fire devices, as it throws support to Apple in its fight over an encrypted iPhone. “In the fall

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Jobs Friday clashes with March Fed meeting

It’s Jobs Friday. That means the monthly Wall Street guessing game, “Will they or won’t they hike?” will kick off after the federal government lets the world know how many

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Kate Spade earnings fall short of forecasts

Kate Spade & Co. (KATE) on Tuesday reported fourth-quarter net income of $61.5 million. The New York-based company said it had net income of 48 cents per share. Earnings, adjusted

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Carl Icahn posts worst loss since 2008

Carl Icahn, who briefly flirted with a role as Donald Trump’s Treasury Secretary, just posted his worst investment losses since the dark days of the financial crisis. The 80-year-old investor’s

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VW sales fall as diesel scandal drags on

The Volkswagen brand saw a drop of 13.2% in sales last month as it continues to reel from the inability to sell its diesel car models due to the scandal

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Zuckerberg climbs Forbes billionaires list

Facebook is making people a lot of money. Facebook CEO Mark Zuckerberg climbed one spot to sixth on Forbes magazine’s 2016 list of the world’s richest people, with a net

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