NYSE Euronext (NYX.N) shareholders dealt a blow to management on Thursday by approving a proposal that gives minority investors the right to call special shareholder meetings. The board had recommended rejection of the proposal to give holders of 10 percent of the shares the power to call special meetings. The approval shifts some decision-making power from the board to shareholders just as NYSE Euronext, parent of the New York Stock Exchange, finds itself the target of a trans-Atlantic takeover battle. NYSE is fending off an unsolicited bid by Nasdaq OMX Group (NDAQ.O) and IntercontinentalExchange Inc (ICE.N). It has a deal to merge with Deutsche Boerse (DB1Gn.DE).
NYSE Euronext is a global operator of financial markets and provider of trading technologies. Shares of NYX traded higher by 0.58% or $0.23/share to $39.62. In the past year, the shares have traded as low as $26.42 and as high as $39.99. On average, 6037150 shares of NYX exchange hands on a given day and today's volume is recorded at 161923.
The NASDAQ OMX Group, Inc. is a global exchange group that delivers trading, exchange technology, securities listing, and public company services across six continents. Shares of NDAQ fell by 0.33% or $-0.09/share to $27.39. In the past year, the shares have traded as low as $17.18 and as high as $29.71. On average, 3496730 shares of NDAQ exchange hands on a given day and today's volume is recorded at 26485.
IntercontinentalExchange, Inc. (ICE) is an operator of global futures exchange and over-the-counter (OTC) markets and derivatives clearing houses. Shares of ICE fell by 0.1% or $-0.12/share to $121.67. In the past year, the shares have traded as low as $92.18 and as high as $135.38. On average, 806339 shares of ICE exchange hands on a given day and today's volume is recorded at 4218.
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