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FBN’s Robert Gray on the NYSE’s reaction to the Nasdaq’s plan to compensate investors in the Facebook IPO.
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Says I'm Robert -- was your thoughts business rebounds Fox Business first report of the York stock exchange at any rebate by the NASDAQ over the FaceBook IPO trading -- Would be inconsistent with fair practice in an undue burden -- competition.
This follows the NASDAQ -- to compensate investors who lost money -- that flawed FaceBook IPO much of the compensation will come through discounts.
Meanwhile the Wall Street Journal reported that NASDAQ CEO Bob drive -- said his exchange does the industry an apology and that it did not succeed.
In the handling of the social networks Wall Street debut.
The Space Shuttle Enterprise is in the process of being hoisted onto its new home of the intrepid its flight deck.
The shuttle surrounded by a flotilla -- boats traveling -- to the intrepid sea air and space museum.
Shuttle never flew in space that was used for a series of approach and landing test.
And the bulls -- -- their charge on Wall Street after the latest Beige Book report from the Federal Reserve.
The Central Bank says the overall economy expanded at a moderate pace during the reporting period.
Today's rally pushed the blue chips back in the black for the year after us dismal -- during the month of may.
Right now the Dow is up nearly 2% -- 218 point gain was it.
