NEW YORK, March 8, 2012 (GLOBE NEWSWIRE) -- Today, the WIN America Campaign announced the support of The NASDAQ OMX Group (Nasdaq:NDAQ) in its campaign to reform a key obstacle to promoting domestic investment of private sector dollars. The campaign has support from the country's leading businesses, the U.S. Chamber of Commerce, and policy groups on the right and the left, demonstrating broad and diverse support.
The NASDAQ OMX Group, Inc., headquartered in New York, is the world's largest exchange company. It delivers trading, exchange technology and public company services across six continents, with over 3,500 listed companies. Founded in 1971, The NASDAQ Stock market has helped the country's leading companies get off the ground and create millions of jobs along the way.
NASDAQ OMX CEO Robert Greifeld released the following statement:
"NASDAQ supports initiatives that enhance the competitive position of its 3,500 listed companies. Amending the current tax rate on repatriated global earnings will allow businesses the freedom to deploy capital as they see fit, thereby stimulating job creation and bolstering the U.S. economy. We are proud to work with WIN America to support Congressional efforts to bring earnings back to the U.S. to make it easier for companies to invest at home."
Karen Olick, campaign manager of the WIN America, released the following statement:
"We are pleased that NASDAQ has joined the growing number of American businesses who are working to bring home the $1.4 trillion that is trapped overseas to help strengthen our economy."
About NASDAQ OMX
The NASDAQ OMX Group, Inc. is the world's largest exchange company. It delivers trading, exchange technology and public company services across six continents, with more than 3,500 listed companies. NASDAQ OMX offers multiple capital raising solutions to companies around the globe, including its U.S. listings market, NASDAQ OMX Nordic, NASDAQ OMX Baltic, NASDAQ OMX First North, and the U.S. 144A sector. The company offers trading across multiple asset classes including equities, derivatives, debt, commodities, structured products and exchange-traded funds. NASDAQ OMX technology supports the operations of over 70 exchanges, clearing organizations and central securities depositories in more than 50 countries. NASDAQ OMX Nordic and NASDAQ OMX Baltic are not legal entities but describe the common offering from NASDAQ OMX exchanges in Helsinki, Copenhagen, Stockholm, Iceland, Tallinn, Riga, and Vilnius. For more information about NASDAQ OMX, visit http://www.nasdaqomx.com. *Please follow NASDAQ OMX on Facebook (http://www.facebook.com/nasdaqomx) and Twitter (http://www.twitter.com/nasdaqomx).
The information contained above is provided for informational and educational purposes only, and nothing contained herein should be construed as investment advice, either on behalf of a particular security or an overall investment strategy. Neither The NASDAQ OMX Group, Inc. nor any of its affiliates makes any recommendation to buy or sell any security or any representation about the financial condition of any company. Statements regarding NASDAQ-listed companies are not guarantees of future performance. Actual results may differ materially from those expressed or implied. Past performance is not indicative of future results. Investors should undertake their own due diligence and carefully evaluate companies before investing. ADVICE FROM A SECURITIES PROFESSIONAL IS STRONGLY ADVISED.
About WIN America:
The WIN America campaign is a broad and growing campaign working to bring up to $1.6 trillion home to invest in America. The more than fifty members of WIN America represent and employ people all across the U.S. We're proud of the businesses and associations that comprise our membership and encourage all organizations, U.S. businesses, and individuals to join us in this important effort.
The WIN America logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=11953
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