NEW YORK, Nov. 14, 2013 (GLOBE NEWSWIRE) -- The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) announced today that trading of Houghton Mifflin Harcourt (Nasdaq:HMHC), a leading global provider of education content and solutions, commenced on The NASDAQ Stock Market on November 14, 2013.
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Houghton Mifflin Harcourt (HMH) delivers content, technology, services and media to over 50 million students in over 150 countries worldwide. As one of the world's largest providers of pre-K-12 education solutions and an award-winning publisher, HMH's research-based, technology-enabled content inspires millions of students, parents, teachers and lifelong learners around the world.
"HMH is delighted to celebrate our listing on NASDAQ, which marks an exciting new chapter in our Company's 180-year history," Linda Zecher, HMH's CEO, commented. "Our mission is to change people's lives by fostering passionate, curious learners. This listing enhances our visibility in the market so we can more effectively and broadly deliver on that mission. NASDAQ serves as a trading platform for many of world's great companies and innovators; we are honored to join these ranks as we continue to lead our industry's transformation to digital."
"HMH is an exceptional leader in the education sector, dedicated to effective learning," said Nelson Griggs, Senior Vice President, NASDAQ OMX. "HMH exemplifies the innovative spirit that drives education further. We are pleased to welcome HMH to The NASDAQ Stock Market family."
Since its foundation, NASDAQ OMX has continuously been the exchange of choice for some of the world's largest and most revolutionary companies. By listing with NASDAQ OMX, Houghton Mifflin Harcourt joins leading digital media, educational content and publishing companies including Comcast, 21st Century Fox, Viacom, News Corp, Scholastic, DirecTV and Discovery Communications.
About NASDAQ OMX Group:
The inventor of the electronic exchange, The NASDAQ OMX Group, Inc., fuels economies and provides transformative technologies for the entire lifecycle of a trade - from risk management to trade to surveillance to clearing. In the U.S. and Europe, we own and operate 26 markets, 3 clearinghouses and 5 central securities depositories supporting equities, options, fixed income, derivatives, commodities, futures and structured products. Able to process more than 1 million messages per second at sub-40 microsecond speeds with 99.99% uptime, our technology drives more than 70 marketplaces in 50 developed and emerging countries into the future, powering 1 in 10 of the world's securities transactions. Our award-winning data products and worldwide indexes are the benchmarks in the financial industry. Home to approximately 3,400 listed companies worth $6 trillion in market cap whose innovations shape our world, we give the ideas of tomorrow access to capital today. Welcome to where the world takes a big leap forward, daily. Welcome to the NASDAQ OMX Century. To learn more, visit nasdaqomx.com. Follow us on Facebook (http://www.facebook.com/NASDAQ) and Twitter (http://www.twitter.com/nasdaqomx). (Symbol: NDAQ and member of S&P 500)
About Houghton Mifflin Harcourt
Houghton Mifflin Harcourt is a global learning company with the mission of changing people's lives by fostering passionate, curious learners. Among the world's largest providers of pre-K–12 education solutions and one of its longest-established publishing houses, HMH combines cutting-edge research, editorial excellence and technological innovation to improve teaching and learning environments and solve complex literacy and education challenges. HMH's interactive, results-driven education solutions are utilized by 50 million students in over 150 countries, and its renowned and awarded novels, non-fiction, children's books and reference works are enjoyed by readers throughout the world. For more information, visit www.hmhco.com. Follow HMH on Twitter at www.twitter.com/HMHCo and on Facebook at www.facebook.com/HMHCo.
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.
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