Dell Begins Nasdaq Delisting As Bid To Go Private Finalized

VimpelCom, which moved its listing to the Nasdaq Stock Market from the New York Stock Exchange, last month, replaced Dell Inc. (DELL) on the Nasdaq-100 yesterday. Exchange-traded funds and other products linked to the Nasdaq-100 managed about $53.3 billion at the end of the second quarter, according The top ten best performing stocks March 25 to March 29 to data compiled by Nasdaq. The average daily share volume this year in VimpelCom rose to 1.6 million from 1.2 million after the stock joined the exchange on Sept. 10.

Marathon Petroleum Opening price: $33.41. Dec. 26 price: $61.66. Growth: 85 percent Last year was all about growth in the oil and gas industry. This year has seen broader economic growth and a more diverse set of winners.

Nasdaq says human error behind latest trading snafu

ET. and 12:47 p.m. In a statement, Nasdaq OMX Group ( NDAQ ) said its Global Index Data Service experienced a “brief disruption of service” Tuesday afternoon and recovered at 12:37 p.m. ET.

The company’s stock ( $DELL ) is, at the time of publication, up 0.2 percent in late-morning trading. Under the terms of thedeal, valued at approximately $24.9 billion,Dell shareholders will receive $13.75 in cash for each share of stock they own, including a cash dividend of 13 cents per share, making a total of $13.88 per share. Overall, the price is a premium on the $24.4 billion, or $13.65 per share, that was first proposed in February . Related stories Dell’s go-private deal gets regulators’ approval Founder Dell said, in prepared comments, the company “enters an exciting new chapter as a private enterprise.” He added: “Our 110,000 team members worldwide are 100 percent focused on our customers and aggressively executing our long-term strategy for their benefit.” The deal was approved by the company’s shareholders at a September 12 meeting , at which Dell’s founder and his investors were handed the keys to approximately 75 percent of the company. On the follow-up analyst call, Dell said that despite the PC market downturn, the company will “expand our presence in emerging markets” and invest in PCs, tablets , and the virtual computing market.

The lack of data forced the Nasdaq to halt options trading in those indexes on Nasdaq’s PHLX and Nasdaq Options Market exchanges. Trading in those options was halted around 12:15 p.m. and restored about 1 p.m. EDT. market.


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