latest news releases from the newsroom
NASDAQ Announces January Market Share Performance Statistics
NEW YORK, Feb. 14, 2008 (PRIME NEWSWIRE) -- The Nasdaq Stock Market, Inc. (Nasdaq:NDAQ) today announced that its matched volume in all U.S. securities increased by 91%, a record high of 58.9 billion shares in January, as compared with 30.9 billion shares in January 2007. Consolidated volume in all U.S. securities in January was a record 186.4 billion, compared with 111.5 billion in January 2007. NASDAQ's matched market share of all U.S. Equity share volume in January was more than any other U.S. exchange for the tenth consecutive month at a record 31.6%, compared to 27.7% during the same period last year.
ARTISTdirect Retains Salem Partners
SANTA MONICA, Calif., Feb. 14, 2008 (PRIME NEWSWIRE) -- ARTISTdirect, Inc. (OTCBB:ARTD) today announced it has retained Salem Partners LLC to assist in the exploration of strategic alternatives -- including restructuring initiatives, a merger or a possible sale of the company.
Dimond Kaplan & Rothstein, P.A.
Dimond Kaplan & Rothstein, P.A. is Investigating Auction-Rate Securities Sold by Lehman Brothers, Goldman Sachs, Merrill Lynch, Citigroup, UBS, Morgan Keegan, and Other Brokerage Firms
MIAMI, Fla., Feb. 14, 2008 (PRIME NEWSWIRE) -- The securities law firm of Dimond Kaplan & Rothstein, P.A. (http://www.dkrpa.com) announced today that it is investigating claims involving investment losses in auction-rate securities ("ARS"). Among the broker-dealers that have sold auction-rate securities are Lehman Brothers, Goldman Sachs, Merrill Lynch, Citigroup, UBS, and Morgan Keegan.
Northrop Grumman Corp.
Northrop Grumman KC-30 Tanker Can Save U.S. Air Force More Than $55 Billion Over the Life of the Program
WASHINGTON, D.C., Feb. 14, 2008 (PRIME NEWSWIRE) -- Northrop Grumman Corporation (NYSE:NOC) announced today that comprehensive analyses indicate that its KC-30 Tanker proposed to the U.S. Air Force in the KC-X Tanker Replacement Program can provide the service more than $55 billion in cost savings over 40 years -- almost $1.4B per year -- compared to its competitor, the KC-767 Advanced Tanker (AT).