INSIDER
Nasdaq to buy financial software company Adenza in $10.5 billion cash-and-stock deal
Read full article: Nasdaq to buy financial software company Adenza in $10.5 billion cash-and-stock dealNasdaq is buying software company Adenza from software investment company Thoma Bravo in a cash-and-stock deal valued at $10.5 billion.
Davos gathering overshadowed by global economic worries
Read full article: Davos gathering overshadowed by global economic worriesThe risks to the global economy are leading to an increasingly gloomy view of the months ahead for corporate leaders, government officials and other VIPs gathered at the World Economic Forum meeting in Davos, Switzerland.
Nasdaq seeks mandatory rule on board diversity for companies
Read full article: Nasdaq seeks mandatory rule on board diversity for companiesThe Nasdaq stock exchange is seeking U.S. authority to require more diversity in the boardrooms of Nasdaq-listed companies, or for those companies to explain why they can not. According to the 2018 Board Diversity Census from the Alliance for Board Diversity and the consulting firm Deloitte, women held just 22% of Fortune 500 seats in 2018, compared to 20% a year earlier and 16 percent in 2010. Nasdaq said the proposal's goal is to give stakeholders a better understanding of a company's current board composition and to bolster investor confidence that all listed companies are considering diversity when the look for new board members. Companies listed on the Nasdaq Global Select Market and Nasdaq Global Market will be expected to have two diverse directors within four years of listing rule approval. Companies listed on the Nasdaq Capital Market will be expected to have two diverse directors within five years of the SECโs approval.
Astronauts ring opening bell for Nasdaq from space station
Read full article: Astronauts ring opening bell for Nasdaq from space stationCORRECTS TO NASDAQ, NOT NEW YORK STOCK EXCHANGE - In this image from video made available by NASA, astronaut Chris Cassidy, right, rings the opening bell of the Nasdaq Stock Exchange accompanied by fellow astronauts Robert L. Behnken, left, and Doug Hurley in the International Space Station on Tuesday, June 2, 2020. (NASA via AP)CAPE CANAVERAL, Fla. The astronauts launched into orbit by SpaceX joined in the ringing of the opening bell for the Nasdaq on Tuesday to mark a pivotal moment" for the space economy. NASA astronauts Doug Hurley and Bob Behnken took part in the ceremony from the International Space Station, three days after their launch by Elon Musks company. The two astronauts floated alongside space station commander Chris Cassidy as he rang a ships bell to open trading on the Nasdaq Stock Exchange. Their image, along with live-streamed pictures of other NASA staff, lit up the Nasdaq marquee in New York's Times Square.