europe, investors, istanbul stock exchange, market sectors, stock exchanges
The Istanbul Stock Exchange (ISE) was founded as an autonomous professional organization for the trading in bonds, bills, equities, securities, certificates and real estate in early 1986. Known as the Istanbul Menkul Kiymetler Borsasi (IMKB) in Turkish, the ISE is still the only such trading corporation in existence in Turkey today. The ISE is currently situated at 34467 Emirgan in a modern building complex in Istanbul which has served as the corporation’s headquarters since 1995. Since its establishment, the ISE has proved to be a dynamic company with a growing market and an ever-increasing number of publicly traded companies....
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facebook, initial public offering, investors, ipo, social media, technology sector
As social media continues to gain ground both in the business world and with private users, speculation continues as to whether Facebook, arguably the most popular social media network at this time, will go public. Following LinkedIn's successful initial public offering in May this year, investors appeared keen to support IPOs by prominent players in the social media segment of the tech sector. So there was a measure of disappointment that Facebook seemed to be dragging its heels with regard to going public, with rumors that if this happened...
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association, companies, copyright, economy, investors, sectors, trademark
With tech and social media companies continuing to grow in size and influence in the US economy, investors take note when companies like Google and Facebook make waves about proposed legislation affecting these market sectors. The Stop Online Piracy Act (SOPA) introduced in the House of Representatives at the end of last month, has these tech giants up in arms as they criticize the proposals for being too stringent, noting that it opens up possibilities for a host of unintended consequences. As the name of the act suggests, its intention...
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dow jones, federal reserve, financial institutions, investors, nasdaq, wall street
The first two days of the week saw Wall Street markets declining significantly, with a noteworthy recovery occurring on Wednesday afternoon. The latest policy statement from the Federal Reserve, backed up by positive remarks from Fed Chairman Ben Bernanke, indicate a commitment from authorities to continue to assist the US economy in its recovery efforts. The Dow Jones industrial average climbed by 178 points, with the S&P 500 rising by 20 points, and the Nasdaq composite surging 33 points, being 1.5 percent, 1.6 percent and 1.3 percent respectively.
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dow jones, europe, eurozone, global economy, investors, wall street
Europe's leaders gathered in Brussels over the weekend to discuss the region's crisis, and with a formal announcement expected to be made on Wednesday, investors are very hopeful that a resolution to the escalating problems in Eurozone economies will be found. While pointing out that the circumstances currently facing Europe are unprecedented, Germany's Chancellor, Angela Merkel, noted that progress had been made, referring to working through the region's problems as a "painful process". In the weeks leading up to the summit, French President Nicolas Sarkozy and the German Chancellor appeared to differ of how...
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earnings, europe, eurozone, investors, recession, wall street
With the "Occupy Wall Street" protests continuing to gain ground, America's financial system and economy remain hot topics for debate on both Wall Street and Main Street. Calling themselves "the 99 percent" these protestors, among other issues, are highlighting the fact that ordinary Americans are battling to cope, and their call has resonated with supporters around the world. Investors are painfully aware that the economy is significantly affected by consumer spending, which has been dramatically curtailed due to the ongoing jobless situation. Moreover, a recent survey...
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federal reserve, fomc, investors, ipo, quantitative easing, social network
Recent developments on Wall Street included increased initial purchase offer activity with LinkedIn becoming the first tech company since Google to file an IPO. A follow-up analysis of current IPOs by analytics company, Dealogic, noted that 146 companies have filed with regulators waiting for approval to sell shares in the United States in an effort to raise $28.4 billion. However, it has also been revealed that 215 companies have either withdrawn or postponed IPOs to the value of $44.1 billion – going down in US stock market history...
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facebook, internet, investors, ipo, social media, twitter
When LinkedIn started trading on the New York Stock Exchange in May this year, speculation was rife that other social media companies would do the same. It had been seven years since Google went public, and investors appeared to be eager to enter the realms of uncharted territory presented by the social media sector of information technology. Other social media companies that were targets of speculation included Twitter, Groupon, Zynga and FaceBook. Certainly, LinkedIn's foray onto Wall Street generated a few surprises as its pre-IPO price climbed to $45, with...
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