Chicago Mercantile Exchange › NASDAQ 100 INDEX Mar 2013 (E) (CME:ND.H13.E)
2803.36 -2.64 (-0.09%)
2013-03-15 14:02:48, 10 min delay
|Contract High Date||2013-03-06|
|Contract Low Date||2012-12-30|
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FRANKFURT, Germany (AP) — A key measure of German investor optimism fell in September for the ninth month in a row, dragged down by worries over the crisis in Ukraine, economic stagnation in Europe and the upcoming independence referendum in Scotland. The ZEW institute said Tuesday its indicator of economic sentiment fell to 6.9 points from 8.6 points the month before. The drop was smaller than expected — market analysts had foreseen a drop to 5.0 points — but extends a prolonged decline.
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NEW YORK (AP) — Allergan and Pershing Square have agreed on at least one step toward settling a fight over the makeup of the Botox-maker's board. The meeting was still on the calendar as of Tuesday, yet as both sides maneuvered, litigation in Delaware may have delayed it. Pershing Square and Valeant have agreed to settle the pending litigation before the Delaware Court of Chancery. Allergan has agreed that it will no longer seek to postpone or cancel the special meeting.
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WASHINGTON (AP) — Chinese e-commerce giant Alibaba is about to launch what may prove the biggest initial public stock offering ever. Yet anyone who expects to get rich from buying into China's high-growth story will be betting against history. Most Chinese stocks trade in China, of course. And those stocks have burned investors, too. From 1993 to 2013, when China's economy grew nearly seven-fold from No. 9 to No. 2 in the world, stocks on Chinese markets returned a cumulative total of just 7.9 percent — even if shareholders had reinvested dividends. Over the same time, U.S. stocks jumped 555 percent, German stocks 458 percent and Spanish stocks more than 1,000 percent, according to Credit Suisse.