ADVFN - Advanced Financial Network.
HOME» NASDAQ » N » NDAQ Stock Price » NDAQ Stock News

Nasdaq Stock Market Share News

 The Nasdaq Omx Grp. (mm) Stock Price
NDAQ Stock Price
 The Nasdaq Omx Grp. (mm) Stock Chart
NDAQ Stock Chart
 The Nasdaq Omx Grp. (mm) Stock News
NDAQ Stock News
 The Nasdaq Omx Grp. (mm) Company Information
NDAQ Company Information
 The Nasdaq Omx Grp. (mm) Stock Trades
NDAQ Stock Trades

Kraft Foods Will Transfer its Exchange Listing to Nasdaq

By Kristin Jones Kraft Foods Inc. (KFT) plans to switch its stock exchange listing to the Nasdaq Global Select Market from the New York Stock Exchange, the latest salvo in the heated battle for prominent stock listings. Kraft previously said it plans to split into two companies by year's end, when it will create a global snacks company called Mondelez International Inc. and another business, called Kraft Foods Group Inc., which will focus on North American grocery products. Both companies will trade on the Nasdaq exchange. Mondelez will trade under the symbol MDLZ, and Kraft Foods will trade under KRFT. The symbol KFT will be retired at that time. Until the spin-off, the name and trading symbol will remain Kraft Foods Inc. and KFT, respectively. Kraft shares rose 8 cents to $38.23. The move comes as both stock exchanges have battled for years to bring in, or poach, listings by offering promotions and other incentives. The transfer provides the tech-heavy Nasdaq with a high-profile consumer-products company. It also highlights how transfer-minded companies are taking advantage of Nasdaq incentives with a close eye on the bottom lines. Kraft noted that transfering to the exchange, part of Nasdaq OMX Group Inc. (NDAQ), is cost-effective. The company recently reported that its first-quarter earnings rose 1.8% on broad-based sales growth, including in Europe. Nasdaq suffered reputational damage recently after Facebook Inc.'s (FB) initial public offering was marred by glitches. The company said it planned a one-time payout of around $40 million to compensate some of the investors who lost money because of exchange errors. Interestingly, Kraft's current market cap of $67.8 billion is close to Facebook's $72.7 billion. Write to Kristin Jones at kristin.jones@dowjones.com

Stock News for Nasdaq Stock Market (NDAQ)
DateTimeHeadline
07/29/201606:00:00Talend (Nasdaq: TLND) to Ring The Nasdaq Stock Market Opening...
07/28/201615:48:06Long Island Iced Tea Corp. (Nasdaq: LTEA) to Ring The Nasdaq...
07/28/201609:02:27Bolsa de Valores de Colombia (BVC) Extends Trading Technology...
07/28/201609:02:00Bolsa de Valores de Colombia (BVC) Extends Trading Technology...
07/28/201603:00:33Nasdaq BWise GRC Platform Selected by Dubai Islamic Bank for...
07/28/201603:00:00Nasdaq BWise GRC Platform Selected by Dubai Islamic Bank for...
07/27/201618:53:14Comics Uniting Nations and UNICEF To Ring The Nasdaq Stock Market...
07/27/201613:53:00Deutsche Boerse Posts Higher Earnings on Deriviatives Trading
07/27/201610:00:00STX Entertainment’s “Bad Moms” Stars and Corporate Executives to Ri...
07/27/201607:11:42Current Report Filing (8-k)
07/27/201607:00:00Nasdaq Announces Quarterly Dividend of $0.32 Per Share
07/27/201607:00:00Nasdaq Reports Second Quarter 2016 Earnings; Delivers Record...
07/26/201616:05:00Nasdaq Announces Mid-Month Open Short Interest Positions in Nasdaq...
07/26/201610:00:00Cynosure, Inc. (Nasdaq: CYNO) to Ring The Nasdaq Stock Market...
07/26/201610:00:00CommerceHub (Nasdaq: CHUBA, CHUBK) to Ring The Nasdaq Stock Market...
07/26/201608:45:00Sparkfin to Provide Nasdaq Last Sale Real-Time Market Data
07/25/201610:00:00Retail Opportunity Investments Corp. (Nasdaq: ROIC) to Ring The...
07/25/201610:00:00Aclaris Therapeutics, Inc. (Nasdaq: ACRS) to Ring The Nasdaq...
07/22/201610:00:00Riverstone Holdings to Buy Majority Stake in Silver Run
07/22/201610:00:00Nasdaq Futures to Ring The Nasdaq Stock Market Closing Bell

Nasdaq Stock Market and other NASDAQ stock quotes are delayed by at least 20 minutes.
All other stock price and quote data is delayed by at least 15 minutes unless otherwise stated. By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2015 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations

ADVFNADVFN ItalyADVFN GermanyADVFN FranceADVFN BrazilADVFN JapanADVFN UKADVFN US noad