Shares of Corporacion America Airports struggled to get airborne on their market debut on the New York Stock Exchange on Thursday after the Argentine airport operator priced its initial public offering at the lower end of an already reduced range.
The owner of the New York Stock Exchange is set to take control of a key scandal-hit bank interest rate. NYSE Euronext has won the contract for setting the London Inter-bank Offered Rate (Libor), a government-backed committee announced. Libor is used to set trillions of dollars of financial contracts.
Intercontinental-Exchange agreed an 8 billion dollars deal to buy New York Stock Exchange owner NYSE Euronext, propelling the commodities player into the big league of European derivatives and helping it to take on arch rival CME Group.
No break for re-elected President Barack Obama. In the midst of what should be a honeymoon victory Fitch Ratings agency called on the newly appointed head of state to quickly secure agreement on avoiding the 'fiscal cliff' and raising the debt ceiling, to retain its AAA status.
The US stock market slowly returned to life on Wednesday after two days in the dark, in the wake of the massive storm Sandy that caused the market's first weather-related two-day closure since the late 19th century.
Argentine seized YPF energy company informed on Friday that its American Depositary Shares (ADS) were listed back in to trade in New York after being de-listed for almost two months for not complying with auditory regulations.
Argentine state-controlled energy company YPF said it risks having its American Depositary Shares (ADS) de-listed by the New York Stock Exchange since it is not complying with all regulatory requirements.
Argentina has asked British and US market regulators to probe whether oil companies that are involved in hydrocarbons exploration off the disputed Falklands/Malvinas Islands have told investors about the risks of their illicit drilling, the Argentine Foreign Ministry reported.
Spain’s main oil company Repsol has listed 26.21 million shares of YPF on the New York Stock Exchange for 1.08 billion US dollars as part of a plan to divest its stake in its Argentine unit.
Spanish-Argentine energy company Repsol-YPF officially informed the U.S. Securities and Exchange Commission of its decision to de-list from the New York Stock Exchange, where its shares had been traded for almost 22 years.