New York Stock Exchange Firsts

The following is a selection of some interesting trivia about the New York Stock Exchange, courtesy of stockmarkettrivia.com.

What was the first listed company on the New York Stock Exchange?

Bank of New York, which was the first corporate stock traded under the Buttonwood tree in 1792, and the first listed company on the NYSE.

Who was the first African American member of the NYSE?

Joseph L. Searles III, who became a member on February 12, 1970

Who was the first female member of the NYSE?

Muriel Siebert, who became a member on December 28, 1967

Who was the first woman member who worked on the trading floor on a regular basis of the NYSE?

Alice Jarcho, became a member on Oct. 14, 1976, began working on the trading floor on October 28, 1976

What was the first African American owned NYSE member firm?

Daniels & Bell Inc., in 1971

The New York Stock Exchange is part of NYSE Euronext, Inc. (NYX), which trades on the New York Stock Exchange, of course.

By Stockerblog.com

Over 45 Stocks Going Ex Dividend the Second Week of September

  Here is our latest update on the stock trading technique called 'Buying Dividends'. This is the process of buying stocks before the ex dividend date and selling the stock shortly after the ex date at about the same price, yet still being entitled to the dividend. This technique generally works only in bull markets. In flat or choppy markets, you have to be extremely careful, and may need to avoid the technique during those times.

In order to be entitled to the dividend, you have to buy the stock before the ex-dividend date, and you can't sell the stock until after the ex date. The actual dividend may not be paid for another few weeks. WallStreetNewsNetwork.com has compiled a downloadable and sortable list of the stocks going ex dividend during the next week or two. The list contains many dividend paying companies, all with market caps over $500 million, and yields over 2%. Here are a few examples showing the stock symbol, the ex-dividend date, the yield, and the market capitalization.


Hewlett-Packard Company (HPQ) 9/10/12 3.0% $34.7B Public Storage (PSA) 9/10/12 3.1% $24.5B Ameren Corp (AEE) 9/10/12 4.8% $8.1B MDU Resources Group Inc (MDU) 9/11/12 3.0% $4.2B Golar LNG Limited (GLNG) 9/11/12 3.3% $3.3B Altria Group, Inc. (MO) 9/12/12 5.2% $69.3B Rogers Communications Inc. (RCI) 9/12/12 3.9% $16.3B Shaw Communications Inc. (SJR) 9/12/12 4.8% $8.5B Garmin Ltd. (GRMN) 9/12/12 4.4% $8.4B NYSE Euronext (NYX) 9/12/12 4.8% $6.2B Rayonier Inc. (RYN) 9/12/12 3.6% $5.9B

The additional ex-dividend stocks can be found at wsnn.com. (If you have been to the website before, and the latest link doesn't show up, you may have to empty your cache.) If you like dividend stocks, you should check out the high yield utility stocks and the Monthly Dividend Stocks at WallStreetNewsNetwork.com or WSNN.com.

Dividend definitions:

Declaration date: the day that the company declares that there is going to be an upcoming dividend.

Ex-dividend date: the day on which if you buy the stock, you would not be entitled to that particular dividend; or the first day on which a shareholder can sell the shares and still be entitled to the dividend.

Monthly Dividend Stock List
Record date: the day when you must be on the company's books as a shareholder to receive the dividend. The ex-dividend date is normally set for stocks two business days before the record date.

Payment date: the day on which the dividend payment is actually made, which can be as long at two months after the ex date.

Buying Dividends (Dividend Capture) book 25% Off
Don't forget to reconfirm the ex-dividend date with the company before implementing this technique.

Disclosure: Author did not own any of the above at the time the article was written.

By Stockerblog.com

NASDAQ and ICE Making Takeover Offer for NYSE

Nasdaq (NDAQ) and IntercontinentalExchange (ICE) are making a joint offer of $11.3 billion offer for NYSE Euronext (NYX), the parent of the New York Stock Exchange. I have previously predicted stock exchange takeover activity in an article back in February. Just one week later, the NYSE Euronext and Deutsche Börse (DBOEY.PK), which operates the Frankfurt Stock Exchange, had agreed to a $10 billion stock merger.

NYSE Euronext, Inc. operates the New York Stock Exchange, Euronext and NYSE Arca. The stock trades at 13 times forward earnings and pays a yield of 3.4%.

The biggest American competitor to NYX is Nasdaq OMX Group Inc. which trades on its own exchange. NASDAQ was founded in 1971, and went public in 2002. It is the largest electronic screen-based equity securities trading market in the United States and second-largest by market capitalization in the world. The stock has a forward P/E of 10.

IntercontinentalExchange, Inc. (ICE) operates regulated futures exchange and over-the-counter markets, and derivatives clearing exchanges. The stock trades at 16 times forward earnings.

CME Group Inc. (CME) operates the CME, CBOT, NYMEX, and COMEX futures and options exchanges that trade futures contracts and options on futures contracts on interest rates, stock indexes, and other investments. The stock has a forward PE ratio of 16 and sports a yield of 1.9%.

To access other interesting stock lists like this, you should check out the various free downloadable stock lists at WallStreetNewsNetwork.com.

Disclosure: Author did not own any of the above at the time the article was written.

By Stockerblog.com

Stocks Going Ex Dividend the Third Week of March

Here is our latest update on the stock trading technique called 'Buying Dividends'. This is the process of buying stocks before the ex dividend date and selling the stock shortly after the ex date at about the same price, yet still being entitled to the dividend. This technique generally works only in bull markets. In flat or choppy markets, you have to be extremely careful.

In order to be entitled to the dividend, you have to buy the stock before the ex-dividend date, and you can't sell the stock until after the ex date. The actual dividend may not be paid for another few weeks. WallStreetNewsNetwork.com has compiled a downloadable and sortable Excel list of the stocks going ex dividend during the next week or two. The list contains many dividend paying companies, all with market caps over $500 million, and yields over 2%. Here are a few examples showing the stock symbol, the market capitalization, the ex-dividend date and the yield.

NYSE Euronext (NYX) market cap: $9.7B ex div date: 3/14/2011 yield: 3.3%

Rogers Communications Inc. (RCI) market cap: $19.3B ex div date: 3/16/2011 yield: 4.2%

Sempra Energy (SRE) market cap: $12.7B ex div date: 3/16/2011 yield: 3.6%

DTE Energy Company (DTE) market cap: $7.9B ex div date: 3/17/2011 yield: 4.8%

Navios Maritime Holdings Inc. (NM) market cap: $573.1M ex div date: 3/18/2011 yield: 4.4%

The additional ex-dividend stocks can be found at wsnn.com. (If you have been to the website before, and the latest link doesn't show up, you may have to empty your cache.) If you like dividend stocks, you should check out the high yield utility stocks and the Monthly Dividend Stocks at WallStreetNewsNetwork.com or WSNN.com.

Dividend definitions:

Declaration date: the day that the company declares that there is going to be an upcoming dividend.

Ex-dividend date: the day on which if you buy the stock, you would not be entitled to that particular dividend; or the first day on which a shareholder can sell the shares and still be entitled to the dividend.

Record date: the day when you must be on the company's books as a shareholder to receive the dividend. The ex-dividend date is normally set for stocks two business days before the record date.

Payment date: the day on which the dividend payment is actually made, which can be as long at two months after the ex date.

Don't forget to reconfirm the ex-dividend date with the company before implementing this technique.

Disclosure: Author did not own any of the above at the time article was written.

By Stockerblog.com

Below $3 Trading on the NYSE

Many investors believe low price stocks are dead, even those that trade on the New York Stock Exchange (NYX). But look at Flotek Industries Inc. (FTK), the Houston based drilling supply company. The stock traded between 1.06 to 1.36 during the month of July last year. It closed at 6.53 on Friday. This is a 516% increase from its low in less than a year.

Or how about Global Ship Lease, Inc. (GSL), which 14 months ago was trading at 1.05, and last summer traded between 2.25 and 3.00 and now is at 7.34, more than doubling since July. The real estate investment company, Newcastle Investment Corp. (NCT), went from 2.42 six months ago to 8.47, a 250% increase.

According to WallStreetNewsNetwork.com, there are over 20 stocks that are trading for less than three dollars a share on the NYSE, five of which pay dividends.

These low priced NYSE gems include such companies as Jackson Hewitt Tax Service Inc. (JTX). It is tax season after all. The stock closed at 1.17 last Friday and trades at 14.6 times forward earnings. Investors should be aware that the company generated significant negative earnings and carries a large amount of debt. The company's earnings call is scheduled for Thursday, March 10.

The medical device company, Theragenics Corp. (TGX), sells for 1.71 below its book value of 2.41. The stock has a forward price to earnings ratio of 21.4, and had a revenue increase of 10.6% for the latest quarter.

Magnetek Inc. (MAG), a two dollar a share stock, is a provider of digital power control systems. The stock trades at nine times forward earnings and posted a 35.5% increase in revenues for the latest quarter.

To see a free list of low priced NYSE stocks, go to wsnn.com. Do your homework before investing in these as many have been generating negative earnings and have low market caps.

Disclosure: Author did not own any of the above at the time the article was written.

By Stockerblog.com

Sugar Stocks are Sweet

Sugar production actually started in India in ancient times, where sugarcane juice was turned into granulated crystals. Honey was obviously used as a sweetener in other areas of the world back then. Did you know that Christopher Columbus brought the first sugarcane cuttings to the New World? Now Brazil has the highest per capita production of sugar in the world. One growing byproduct of sugar production for food is fuel for energy such as ethanol.

Unfortunately, there are not too many sugar production companies that are publicly traded, but there are several that use sugar in their candy and chocolate products. Imperial Sugar Co. (IPSU) is a processor and marketer of refined sugar in several formats, including granulated, powdered, and liquid. The stock trades on NASDAQ at seven times forward earnings and pays a yield of 0.7%.

Cosan Ltd. (CZZ), based in Brazil, is one of the largest growers and processors of sugarcane in the world and the largest ethanol producer in Brazil from sugarcane. This New York Stock Exchange (NYX) traded company trades at 9.3 times forward earnings and pays a decent yield of 2%.

If you think the price of sugar is going up, but you don't want to invest in commodities directly, you might want to consider the iPath Dow Jones-UBS Sugar Total Return Sub-Index Exchange Traded Note (SGG), which attempts to replicate the Dow Jones-UBS Sugar Total Return Sub-Index. This ETN, which also trades on the NYSE, has a one year total return of over 25%.

The other alternative is investing in companies that use sugar in their products, such as The Hershey Company (HSY), Tootsie Roll Industries, Inc. (TR), and Rocky Mountain Chocolate Factory, Inc. (RMCF). To see a free down-loadable list of all the candy and chocolate stocks, which can be updated and sorted, go to WallStreetNewsNetwork.com.

Disclosure: Author didn't own any of the above at the time the article was written.

By Stockerblog.com

NYSE to Merge with Deutsche Boerse: Did You Read My Article Last Week?

Last week, I wrote an article about how the London Stock Exchange and the Toronto Stock Exchange were merging and that there may be more stock exchange mergers on the horizon. Now the news is out. The NYSE Euronext (NYX), which runs the New York Stock Exchange, and Deutsche Börse (DBOEY.PK), which operates the Frankfurt Stock Exchange, have agreed a $10 billion stock merger.

It looks like there aren't too many ways left to invest in a stock exchange.

Top Stock Exchange Stocks

The London Stock Exchange and the Toronto Stock Exchange, which is owned by the TMX Group holding company, announced that they are merging, which will create one of the largest stock exchanges in the world, trading more than 6,700 companies. Will this be the beginning of more merger activity in stock exchange companies? If so, maybe it is time to look at the ones that are publicly traded.

NYSE Euronext, Inc. (NYX) operates the New York Stock Exchange, Euronext and NYSE Arca. The stock trades at 15 times forward earnings and pays a yield of 3.7%.

The biggest American competitor to NYX is Nasdaq OMX Group Inc. (NDAQ) which trades on NASDAQ of course. Although NASDAQ was founded in 1971, it went public in 2002. It is the largest electronic screen-based equity securities trading market in the United States and second-largest by market capitalization in the world. The stock has a forward P/E of 10.

IntercontinentalExchange, Inc. (ICE) operates regulated futures exchange and over-the-counter markets, and derivatives clearing exchanges. The stock trades at 20 times forward earnings.

CME Group Inc. (CME) operates the CME, CBOT, NYMEX, and COMEX futures and options exchanges that trade futures contracts and options on futures contracts on interest rates, stock indexes, and other investments. The stock has a forward PE ratio of 15 and sports a yield of 1.5%.

If you like interesting stock lists like this, you should check out the various stock lists at WallStreetNewsNetwork.com.

Disclosure: A relative of the author owns NYX.

By Stockerblog.com

High Yield American Stock Exchange Stocks

The American Stock Exchange, also known as the AMEX, was founded in 1842 as the New York Curb Exchange. It got that name since stock traders and brokers used to stand out on the street by the curb and trade stocks back in the early 1800's. On October 1, 2008, NYSE Euronext (NYX) took over the American Stock Exchange. The AMEX is now known as NYSE Amex Equities.

Although the AMEX is now a division of the NYSE, over 500 stocks are still traded on the exchange, and according to WallStreetNewsNetwork.com, there are over 20 AmEx stocks with yields above 2.5%. Many of these stocks are closed end funds, real estate investment trusts also known as REITs, and oil and natural gas income partnerships. But there are a few gems that are regular corporations.

British American Tobacco (BTI), which produces Dunhill, Kent, Lucky Strike, Pall Mall, Viceroy, Kool, and Benson & Hedges cigarettes, generates a yield of 2.8%. The stock has forward price to earnings ratio of 12.6.

National Healthcare Corp. (NHC) operates health care centers, assisted living centers, and retirement centers. The yield is 2.7% and the forward PE is 15.3.

Park National Corp. (PRK), a bank holding company, has paid quarterly dividends since December 1996 and has raised their dividend every year. The stock yields 5.5%. The company which has a market cap of almost $1 billion, has a forward PE of 13.7.

For a free Excel list of high yielding American Stock Exchange stocks, over ten of which yield more than 7%, go to wsnn.com. The list can be downloaded, sorted, updated, and added to.

Author owns NYX.

By Stockerblog.com

Top British Companies That Trade On the New York Stock Exchange

Number 11 Wall Street is home to the world’s largest stock exchange. The New York Stock Exchange (NYX) dominates all other foreign markets as it sees an average daily trading volume in excess of $150 billion. There are many countries that have companies that are represented on the Exchange and Great Britain is one of those.

Some interesting facts about Great Britain and it’s economy:

1. The UK is ranked as the sixth largest economy in Europe.
2. The industrial revolution kick-started the UK’s economic ascent, with a heavy focus on the manufacture of steel, shipbuilding, coal mining and textiles.
3. Manufacturing to this day still plays a significant part in contributing to Great Britain’s economic stature.
4. The service sector continues to boom and makes up 73% of the country's GDP.
5. The UK's capital, London, has the largest group of foreign bank branches, more than anywhere in the world.
6. Great Britain is ranked as the sixth most popular tourist destination in the world, having over 27 million visitors per year.
7. London is the most visited city in the world, ahead of Bangkok in second place and Paris in third.
8. The country has over 400 million tons of proven coal reserves.
9. Last year, government debt was at 56.8% of GDP.
10. According to the UK government, the country was officially in a recession for the first time since 1991, as of the final quarter of 2008

The New York Stock Exchange has a number of various UK companies trading on its floor, many of which are traded through American Depositary Receipts, also known as ADRs. AVIVA Plc (AV) is an insurance company based in London. They are the fifth largest insurance company in the world with a total of 53 million customers in over 25 different countries. Within the UK, AVIVA continues to dominate the market in general insurance, life insurance and pensions operating in Europe, Asia and North America. The company trades at 7.4 times earnings and has a yield of 5.1%.

Another British company that trades on the New York Stock Exchange is Diageo (DEO). They are the biggest wine, spirits, and beer company in the world. Some of he company' noted brands include Smirnoff vodka and Johnnie Walker scotch. The stock has a 17.4 price to earnings ratio and a yield of 2.7%.

The pharmaceutical giant GlaxoSmithKline (GSK) manufactures biologics, vaccines and pharmaceuticals. They are ranked as the third largest pharmaceutical company based on revenues, just after Johnson & Johnson (JNJ) and Pfizer (PFE). They also produce a range of health care products including health drinks, nutritional products and medicine that can be purchased over-the-counter. Some of the company's more well-known products include Sensodyne, Advair, Beano, Boniva, Geritol, Levitra, Nicorette, Tums, and Valtrex. Glaxo has a PE ratio of 9.7, with a 4.9% yield.

For more information on British companies that trade on the New York Stock Exchange, visit WallStreetNewsNetwork.com. The site provides a free downloadable list, which can be sorted and added to.

Author owns PFE.

By Stockerblog.com

Top Yielding American Stock Exchange Stocks

The American Stock Exchange, also known as the AMEX, was founded in 1842 as the New York Curb Exchange. It got that name since stock traders and brokers used to stand on the curb and trade stocks back in the early 1800's. On October 1, 2008, NYSE Euronext (NYX) took over the American Stock Exchange. The AMEX is now known as NYSE Amex Equities.

Although the AMEX is now a division of the NYSE, over 500 stocks are still traded on the exchange, and according to WallStreetNewsNetwork.com, there are over 25 AmEx stocks with yields above 2.5%. Many of these stocks are closed end funds, real estate investment trusts also known as REITs, and oil and natural gas income partnerships. But there are a few gems that are regular corporations.

British American Tobacco (BTI), which produces Dunhill, Kent, Lucky Strike, Pall Mall, Viceroy, Kool, and Benson & Hedges cigarettes, generates a yield of 6.8%. The stock has forward price to earnings ratio of 12.

National Healthcare Corp. (NHC) operates health care centers, assisted living centers, and retirement centers. The yield is 3.2% and the forward PE is 13.9.

Park National Corp. (PRK), a bank holding company, has paid quarterly dividends since December 1996 and has raised their dividend every year. The stock yields 5.7%. The company which has a market cap of almost $1 billion, has a forward PE of 12.3.

For a free list of high yielding American Stock Exchange stocks, over ten of which yield more than 7%, go to wsnn.com. The list can be downloaded, sorted, changed, and added to.

Author owns NYX.

By Stockerblog.com

NYSE Stocks Below $3 per Share

If your looking for bargain stocks but you want to limit yourself to those that trade on the New York Stock Exchange (NYX), there are plenty to choose from; as a matter of fact, according to WallStreetNewsNetwork.com, there are over 65 stocks that are trading for less than three dollars a share.

These include such companies as the drilling and oil production services company Flotek Industries Inc. (FTK), the geothermal power company Raser Technologies, Inc. (RZ), the drugstore company Rite Aid Corp. (RAD), the commercial real estate business Grubb & Ellis Company (GBE), and the bookstore chain Borders Group, Inc. (BGP), all of which are trading for less than $2 per share. Do your homework before investing in these as most have been generating negative earnings.

If the one and two dollar per share stocks are too rich for your blood, there are six that trade for less than a dollar a share. An example is Flagstar Bancorp Inc. (FBC) which trades for less than 70 cents per share and has a market cap of about $300 million.

To access the entire free list of low priced NYSE stocks, go to wsnn.com.

Author does not own any of the above.

By Stockerblog.com

Cyber Attackers Hit the NYSE and NASDAQ

Apparently, the cyber attackers that hit the the White House, the Pentagon, the National Security Agency, Homeland Security Department, State Department, the Treasury Department, Federal Trade Commission and Secret Service, have also attacked the New York Stock Exchange (NYX) and NASDAQ OMX Group, Inc. (NDAQ). The NYSE and NASDAQ seemed to have survived the attacks OK, but some governmental agencies are still experiencing residual effects.