Word: nasdaq
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...Washington ponders its taxation options, it might also wish to cast its gaze toward the NYSE and Nasdaq, whose companies add very little to the public till. In fact, their contribution as a percentage of GDP ranks in the bottom quartile among OECD nations' figures...
...company turned its first profit in 2004, and went public on the Nasdaq the following year, raising more than $100 million in the process. It was by far the most successful Internet IPO since the dotcom bubble burst in 2000. One of its earliest investors, in fact, was Google - before the company entered the China market in 2006. It paid $5 million for a 2.6% stake in Baidu in 2004. But Google sold its stake in Baidu for about $60 million two years later, and entered the search business in China on its own. It was game...
...offices of central bankers in Beijing and Riyadh. Caballero asserts that international investors, particularly those tasked with deploying the reserves of foreign governments, prefer relatively safe investments, which made the normally stable U.S. economy a natural hunting ground. The money might have gone into stocks, but after the Nasdaq and stock market rout of the early 2000s, investors' appetite shifted to bonds...
...ahead without shareholder approval. Investigators say Raju actually wanted to buy the companies because they held many of the illicitly acquired properties; absorbing them into Satyam could have allowed Raju to cover up his misdeeds indefinitely. But many of Satyam's foreign stakeholders, who owned 47% of the Nasdaq-listed company, grew suspicious and angry over the deal and dumped the stock, sparking a 50% drop in the shares. Satyam canceled the acquisitions, and Raju, no longer able to hide the massive fraud, confessed three weeks later...
...endured not one but two market crashes - one at each end of the decade. You might recall the first Wall Street crash, when swooning tech stocks tanked the market from 2000 to 2001, not long after the Nasdaq hit an all-time high of 5049 on March 10, 2000. (Recent levels: 2150-2200.) The economy went into a recession that now seems laughably mild. What followed wasn't funny at all: the most divisive and confusing presidential election in history, a discombobulated drama that we once thought could occur only in the Third World...