Nasdaq Stocks Posting Largest Percentage Decreases

Potbelly IPO: Stocks Of Chicago-Based Company More Than Double In Debut On The Nasdaq

Adeal would be an alternative to the preliminary agreement reached weeks ago with a group, led by BlackBerrys biggest shareholder, Fairfax Financial Holdings, to take the company private for about $4.7-B, which hasseen skepticism because of financing questions. The company, based in Waterloo, Ontario, Canadahas asked for preliminary expressions of interest from potential strategic buyers, which also include Intel Corp (NASDAQ:INTC)and Asian companies LG and Samsung (PINK:SSNLF), by early next week. It isnot clear at this writingwhich parties will bid, if any. It is known that the potential technology buyersarevery interested in BlackBerrys secure server network and patent portfolio, although doubts about the assets value isan issue.
Source: http://www.livetradingnews.com/mutiple-blackberry-nasdaqbbry-bids-works-12361.htm

The system is flawed and degrades the data we can provide to our clients, he says. Brokers should have a choice of market data providers operating multiple versions of the SIP, says OTC Markets Coulson. Not only would that add some redundancy to the system, it would give independent companies an incentive to make the public feed as fast and efficient as possible. There is zero competition or choice, he says. What kind of information provider doesnt change their data?
Source: http://www.businessweek.com/articles/2013-09-26/is-nasdaq-and-nyse-neglect-breaking-the-humble-stock-ticker

Nasdaq’s Greifeld pitches Twitter for listing

Restaurant chain Noodles & Co.’s stock also more than doubled in its June debut. Potbelly Corp. priced its initial public offering of 7.5 million shares at $14 per share, above the projected range of $12 to $13 each. Potbelly is selling about 7.3 million shares, while certain stockholders are selling 150,131 shares. The Chicago company raised $105 million in the offering, which is targeted to close Wednesday.
Source: <a http://www.todayhotstocks.com href=’http://www.huffingtonpost.com/2013/10/04/potbelly-ipo-stocks-of-ch_n_4045218.html&#8217; >http://www.huffingtonpost.com/2013/10/04/potbelly-ipo-stocks-of-ch_n_4045218.html

The Nasdaq’s 5 Most Hated Stocks

Asiacells stock offering was fully subscribed and doubled the Baghdad stock markets value from $4.66 billion last year, Taha Ahmed Abdul-Salam al-Rubaye, the Iraq exchanges chief executive officer, said at the time. Nasdaq OMX is also helping to upgrade the Iraq exchanges trading system, he said on June 28. Upgrading Qatar The developments come days after Qatar Holding LLC, a unit of the Middle Eastern emirates sovereign wealth fund, bought NYSE Euronext (NYX) s 12 percent stake in the Qatar Exchange to become its sole owner. NYSE Euronext assisted with changes at the Qatar Exchange that almost doubled the bourses market capitalization and contributed to MSCI Inc. (MSCI) s decision in June to upgrade the exchange to emerging market status from frontier, according to an Oct.
Source: http://www.bloomberg.com/news/2013-10-03/nasdaq-helps-set-up-iraq-erbil-bourse-after-qatar-sale-correct-.html

Nasdaq Helps Set Up Iraq Erbil Bourse After Qatar Sale

fell 6.1 percent to $11.27. Taser International Inc. fell 5.8 percent to $14.03. Ohio Valley Banc Corp. fell 5.6 percent to $20.15. OncoMed Pharma fell 5.5 percent to $16.26.
Source: http://www.businessweek.com/ap/2013-10-04/nasdaq-stocks-posting-largest-percentage-decreases

Credit: Reuters/Brendan McDermid By Chuck Mikolajczak NEW YORK | Wed Oct 2, 2013 12:29pm EDT NEW YORK (Reuters) – Nasdaq OMX Group Inc (NDAQ.O) said on Wednesday that several of its operated exchanges briefly declared “self-help” against the Chicago Board Options Exchange. Self-help, which occurs when an exchange is dealing with internal problems processing trades and need to send orders through alternate venues, was declared by Nasdaq OMX PHLX, Nasdaq OMX BX Options and Nasdaq Options market systems at about 9:42 a.m. Each of the Nasdaq operated exchanges later revoked the self-help declaration by 9:55 a.m. A notification on the CBOE’s website said there was a market data issue that lasted about 12 minutes which resulted in quotes and last sales not being disseminated to the Options Price Reporting Authority. The notice further said the issue did not interrupt trading on the CBOE and all systems are operating normally.
Source: http://www.reuters.com/article/2013/10/02/us-markets-nasdaq-selfhelp-idUSBRE9910OE20131002?feedType=RSS

Short-sellers have had a vendetta against Sarepta and its lead Duchenne muscular dystrophy drug eteplirsen for months. The reasoning behind the pessimism relates to Sarepta’s positive results coming from such a small patient pool (12 people) and the Food and Drug Administration’s unwillingness to expedite the review of eteplirsen as a new drug applicant. That pessimism was compounded this month when GlaxoSmithKlineand Prosensa’s drisapersen failed to meet its primary and secondary end points in a DMD late-stage trial. Short-sellers now believe that despite the lack of competition, the FDA may take a much closer look at Sarepta’s drug, which could lead to a necessary late-stage trial. Is this short interest deserved? I’d say yes and no.
Source: http://www.fool.com/investing/general/2013/10/02/the-nasdaqs-5-most-hated-stocks.aspx

Nasdaq routs orders away from CBOE after brief glitch

The exchange boss was apparently armed with stats about how listing with Nasdaq would keep Twitter among its peer group and how much better for the tech company Nasdaqs services would be compared to the rival New York Stock Exchange. Twitter execs, including CFO Mike Gupta, have made it clear they are leading toward a Big Board listing in part because of the embarrassing stumble Facebook had coming out of the gate during its May 2012 Nasdaq IPO, Wall Street insiders and people close to Twitter have said. Greifeld has described his chances at being successful in courting Twitter as an uphill battle, sources said. However, the hard-charging exchange operator believes that he still has a fighting chance to score the social media blogging despite the general view that NYSE has a leg up on winning the Twitter tweetstakes. Exchanges often offer co-branding/marketing opportunities to their listing clients such as allowing them to ring the opening bell at their exchanges. Exchange operators like NYSE and Nasdaq also take out TV ads and offer other advertising space to prospective listing clients.
Source: http://nypost.com/2013/10/04/nasdaqs-greifeld-pitches-twitter-for-listing/

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