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Word: nasdaq (lookup in dictionary) (lookup stats)
Dates: during 2000-2009
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...essentially batteries made of flywheels rather than chemicals), the firm is beefing up production of some of its gadgets tenfold this year to quench demand. To pay for such expansion, Vycon's executives decided to sell shares to the public. Too tiny to trade on New York City's NASDAQ, the company focused instead on another market catering to ambitious upstarts like Vycon. London's Alternative Investment Market (AIM) was a "global market for small companies," says Vycon president and CEO Tony Aoun, which would "put the company in a good light." When the business listed on AIM in March...

Author: /time Magazine | Title: A Sharp AIM | 3/29/2007 | See Source »

...shares hit $114 billion in 2006, some way from the $3.8 billion bartered in its first full year. AIM attracted 198 initial public offerings last year, four times the number on the LSE's main market, and considerably more than on the New York Stock Exchange (NYSE) or NASDAQ...

Author: /time Magazine | Title: A Sharp AIM | 3/29/2007 | See Source »

...vetting companies is hardly traditional. To float on the LSE's main market, a company normally needs a three-year business record, a minimum market cap and shareholder approval for big acquisitions or disposals; NASDAQ and NYSE have similar hurdles. But AIM's quality control is outsourced to 85 so-called Nominated Advisers, or Nomads. Generally accounting firms or financial management companies, Nomads scrutinize a firm's executive staff, business model and performance before deciding whether it can list. To a degree, NYSE's Thain is right: AIM has very few prescriptive requirements for listing - the Nomad's own judgment...

Author: /time Magazine | Title: A Sharp AIM | 3/29/2007 | See Source »

...stock market: Why isn't that $5 billion company worth $10 billion already? Why does it take Blackstone's expensive intervention to get it there? More than $13 trillion is invested in publicly traded shares on the New York Stock Exchange. Another $3 trillion--plus is riding on the NASDAQ. Most of this isn't rich people's portfolios and trust funds; it's the savings and pension funds of middle-class Americans. Over the past couple of generations, they have been enticed into the stock market because it is supposed to be efficient and because everyone...

Author: /time Magazine | Title: Abracadabra for Sale | 3/22/2007 | See Source »

...bleak view. In 2001, 12 of the 20 biggest-dollar initial public offerings (IPOs) occurred in the U.S. In each of 2005 and 2006, only one did. IPOs totaled $55.2 billion in Britain last year and only $46.6 billion here. Since 2000, the number of foreign companies listed on NASDAQ fell...

Author: /time Magazine | Title: Law: Plugging the IPO Drain | 2/8/2007 | See Source »

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