Word: nasdaq
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...MURTHY A former socialist who in the 1970s gave away all his money, Murthy, 55, is now among India's richest men, and Infosys, the company he co-founded in 1981, was the first Indian firm to be listed on the NASDAQ. Based in Bangalore, INFOSYS creates e-commerce software used by big companies around the globe. Murthy has not sold his soul for material success. One of his country's most admired men, he is vigilant about his employees' well-being--granting stock options, building exercise facilities and spreading values as much as wealth...
Dingdingdingdingding! The rally that has swept Wall Street since Sept. 11 - or least since Sept. 21, which is plenty remarkable enough - reached a pair of very nineties technical milestones Wednesday, with the Dow passing 10,000 and the NASDAQ cracking...
...Tough demands by fickle investors, which is why some on Wall Street are beginning to wonder if the indexes aren't now going to develop a fear of heights now that they've gotten off on a floor the Dow hasn't seen since Sept. 5 and the NASDAQ since Aug. 7. Expect some profit-taking Thursday, for starters. And Friday, the Wall Street that may be starting to take consumer spending for granted will have to endure another (likely garish) rise in the unemployment rate for November - a number which, despite its irrelevance to actual economic progress, can scare...
...Barton Biggs of Morgan Stanley calls it, "a bolt from the blue." A strike right at the heart of world capitalism. And it was a pretty good shot: it leveled two of the biggest buildings in the U.S. and shut down the New York Stock Exchange and the NASDAQ - the world's two biggest stock markets - for four days. The prices of oil, gold and bonds were sent soaring. The London FTSE, the Paris CAC and the German DAX all took double-digit losses in the first few days. By the end of September the news crossing the wires...
...report didn?t seem to shock Wall Street; Friday trading saw the Dow and S&P up slightly and the Nasdaq inched downward into negative territory...