Articles about Nasdaq

Nutanix's 'expected' IPO date is 30 September

Nutanix is letting the Nasdaq do the talking regarding when the tech upstart will launch its stock-market debut: the New York exchange says it's expected to be September 30. The company is the foremost hyper-converged infrastructure appliance and software startup and is taking on major incumbent vendors such as Cisco, Dell, …
Chris Mellor, 27 Sep 2016

Epic snafu takes Australian Securities Exchange offline

Australian stock traders will be trying to reconcile trades that got lost after the Australian Securities Exchange's Nasdaq-supplied trading platform melted down yesterday. Monday, September 19, was a day of embarrassment for the ASX. Markets opened 90 minutes late, systems struggled throughout the day, and at 2:00pm the ASX …
4 arrows signs in arrow on wooden wall

Apple goes to crapple in stock plunge kerfaffle: $113bn wiped off in days

Peak Apple Apple is in the midst of a stock drop that has caused the Cupertino giant to lose as much as $113bn in market cap. Since posting its last quarterly numbers, Apple (Nasdaq:AAPL) has seen its stock price drop from $125.22 per share to a low point of $112.10. Wary that Apple's meteoric growth from recent years is slowing down as …
Shaun Nichols, 5 Aug 2015
Fail and You

NASDAQ IT security spend: $1bn. Finding mystery malware on its servers: Priceless

NASDAQ servers were infected by malware that exploited two mystery zero-day vulnerabilities, according to a magazine cover story published today. Despite spending a ton of money on computer security, the stock exchange was wide open to attack, we're told. Today's report pulls back the curtain back to reveal a little more about …
Iain Thomson, 17 Jul 2014
lifebelt

Overland Storage in fiendish reverse stock split share value ploy

Overland Storage, the troubled tape and low-end scale-out disk array storage vendor, is wanting to do a reverse stock split to get its share price up above the Nasdaq exit level. This is revealed in an SEC Form-8K filing by Overland. It states: "On April 3, 2014, the Board of Directors of the Company approved a one-for-five ( …
Chris Mellor, 4 Apr 2014

Tech Data to close lid on accounting nightmare TOMORROW

Tech Data is about to wake up from the restatement nightmare that has troubled senior execs for nearly 11 months when it reports delayed fiscal '13 numbers tomorrow. The world's second largest tech wholesaler revealed in March that it discovered errors in vendor accounting which could wipe up to $33m off its bottom line for …
Paul Kunert, 4 Feb 2014
management analysis3

Tech Data granted one more stay of execution by NASDAQ

The NASDAQ Panel has granted Tech Data a final extension until the end of March to get its accounts up-to-date or face an embarrassing and costly de-listing. The tanker-sized wholesaler confirmed this in a brief filing today that it had until the 27th of that month to report restated results for each quarter in fiscal '14 …
Paul Kunert, 9 Dec 2013

Industry group blames 'outdated' kit for stock-market tech disasters

A US trade association for the stock market industry has called for an overhaul of the "outdated" technology systems that exchanges used for their share trading. The Securities Industry and Financial Markets Association (SIFMA) also told the Securities and Exchange Commission (SEC) that it was imperative that brokers, dealers …

NASDAQ exchange stumbles AGAIN after 'human error' snafu

The NASDAQ stock exchange suffered yet another glitch yesterday, forcing it to halt trading in derivatives contracts linked to the Nasdaq 100 index. The latest in a series of hiccups at the all-electronic exchange was caused by "a human error", the exchange said in a statement. The snafu took out the Global Index Data Service …
New York Stock Exchange, photo by Preslethe

NYSE preps for MILLIONS of trades in Twitter IPO stress-tests

In a bid to avoid a similar scenario to Facebook's IPOcalypse, the New York Stock Exchange ran a simulated market debut for Twitter shares over the weekend. The NYSE did a test run of the day Twitter’s stocks will go on sale to check if its systems will be able to handle the tidal wave of traffic the IPO could potentially …
OCZ Vertex 4 256GB Sata 3 SSD

OCZ balances books, files results following 4-year omnishambles

SSD supplier OCZ Technology Group has finally filed its fiscal 2013 year results after having to correct the four previous years' results, showing how inadequate financial controls nearly caused the company to collapse. As it is, the consumer and enterprise SSD supplier has been facing a Nasdaq delisting and severe financing …
Chris Mellor, 9 Oct 2013

Blundering Tech Data faces NASDAQ boot over Computer 2000 accounts

Tech Data is facing a delisting from the NASDAQ unless it can bring its financial house in order, the distributor has confirmed. The world's second largest tech wholesaler had until 26 September to file its fiscal 2013 Form 10-K - an annual report required by the SEC - and numbers for first half of this current financial year …
Paul Kunert, 4 Oct 2013
Tech Data

IT distie Tech Data must end accounts-unbungling probe within a fortnight

NASDAQ-listed Tech Data has less than a fortnight to get its accounts in order and financial filings up to date, the distributor acknowledged last night. The Florida-based broadline IT distribution giant discovered whopping great errors in its finance records at UK subsidiary C2000 back in March, which were related to blunders …
Paul Kunert, 13 Sep 2013
Pigeon crapping on statue

Nasdaq blames rival NYSE Arca for 3-HOUR trading outage

The company behind the NASDAQ stock exchange has said that last week's three-hour outage was partly its own fault, but mostly the fault of rival exchange firm NYSE Arca. The glitch forced Nasdaq to take trading offline on Thursday last week – and thousands of Nasdaq-listed stocks were frozen in place for three hours across the …

NASDAQ halts stock trading, citing data-feed glitch

Updated A technical problem halted Nasdaq securities trading on Thursday, putting stocks such as Apple and Microsoft into limbo. The glitch was due to problems with the trading systems that disseminate pricing quotes, and led to a freeze in the trading of NASDAQ-backed securites at 12:14 Eastern Time. In a statement, the Securities …
Jack Clark, 22 Aug 2013
The Register breaking news

Wall St 'Likes' Facebook again: Shares edge up to pre-IPOcalypse price

It's been 14 months since Facebook debuted on Wall Street and the company has finally rebounded to its initial public offering share price of $38. On Tuesday, the free content ad network's stock rose 7 per cent to $37.96 - just a whisker away from its 18 May 2012 IPO price tag. Facebook saw its shares hit repeated snags: …
Kelly Fiveash, 31 Jul 2013

Speaking in Tech: Forget Venezuela, Snowden. Go to Anna Chapman's pad!

Podcast speaking_in_tech Greg Knieriemen podcast enterprise It's another episode of El Reg's podcast, bringing you news, views, and rumours about enterprise kit, tech execs' shenanigans, consumer baubles and more... Hiding out from the NSA this week are all three SIT presenters: Greg Knieriemen, Sarah Vela and Ed Snowden Saipetch …
Team Register, 10 Jul 2013

Staggering disk biz Overland heads for Nasdaq exit …. again

Perennially almost-but-not-quite failing Overland Storage is once again under notice from Nasdaq that it might be booted out of the stock exchange after apparently falling short of the "minimum market value" required. It's no fun at all for the beleaguered company's management as it has had to file an 8K form with the US …
Chris Mellor, 9 Jul 2013

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