Hackers Claim They Messed With BofA Website & NYSE Because Of Anti-Islam Movie

Hackers Claim They Messed With BofA Website & NYSE Because Of Anti-Islam Movie

Like most of you, we’ve never seen — nor have any intention of ever seeing — this Innocence of Muslims movie. (Gawker claims to have the full-length script, if you’re more interested than we are.) Regardless, the short film that apparently mocks Islam is upsetting people around the world, some of whom claim to have launched denial of service attacks against Bank of America and the New York Stock Exchange. [More]

VIDEO: Unusual Selloff 30 Min Ahead Of Crash?

VIDEO: Unusual Selloff 30 Min Ahead Of Crash?

Might there be more to last week’s crash than a “fat fingered” trade, or someone mistakenly entering a “billion” instead of a “million?” An online stock trader has a video showing an unusual spike in trading volume, followed by a very quick sell-off, by funds at large investment firms BlackRock and Vanguard and some other funds 30 to 15 minutes before the big crash. Prescience? Watch the video, check the logs, and decide for yourself. [More]

Stock Market Typo/Robot Apocalypse Still Being Investigated

Stock Market Typo/Robot Apocalypse Still Being Investigated

Treasury Secretary Tim Geithner will meet with federal regulators and top officials from the NYSE and other exchanges to dicuss whatever the hell happened last Thursday that caused the stock market to completely freak out. [More]

Wall Street's Biggest Drop Ever Caused By Typo?

Wall Street's Biggest Drop Ever Caused By Typo?

The AP says that a computerized selloff that may have been caused by a typo (the theory is that someone typed $16 billion when they meant $16 million) caused the biggest ever drop during a trading day. How could one typo result in such massive turmoil? The idea is that the erroneous trade triggered other computers to sell. [More]

Blockbuster In Danger Of Being Thrown Off The NYSE

Blockbuster In Danger Of Being Thrown Off The NYSE

Blockbuster has announced that they are in danger of being de-listed from the NYSE because they do not meet the minimum market capitalization requirements. Market capitalization is a measurement of the size of a business equal to the share price times the number of shares outstanding of a public company. The NYSE requires businesses to have a market capitalization of at least $75 million over a 30-day trading period. [More]

NYSE Thinking About Chucking $1 Rule

NYSE Thinking About Chucking $1 Rule

The New York Stock Exchange is thinking about getting rid of the pesky rule that your company’s stock needs to trade above $1 for it to remain listed. [Yahoo! Finance] (Photo: woodendesigner)

Pier 1 Is In Danger Of Being Delisted From The NYSE

Pier 1 Is In Danger Of Being Delisted From The NYSE

We are living in difficult times for selling wicker furniture, it seems. Pier 1 lost $36.9 million in the third quarter — and is in danger of being delisted from the NYSE.

Circuit City's Stock Is Too Low For The NYSE

Circuit City's Stock Is Too Low For The NYSE

More bad news for Circuit City. Its stock is trading so low that it is in danger of being delisted from the New York Stock Exchange.