Minute Chances to Move Merger Vote - NYSE CEO - Galaxy Stocks

The leader of NYSE Euronext announced Tuesday that the company had little room to repel an intended July 7 shareholder vote on its planned merger with Deutsche Boerse AG.

Duncan Niederauer, NYSE Euronext’s chief executive, informed shareholders in the Big Board operator didn’t feel “rushed” by the timeline, refusing criticism from Nasdaq OMX Group and IntercontinentalExchange, which have made their own hostile counter-bid.

Niederauer told an investor conference that German law required NYSE shareholders to vote first, with its German partner having until mid-July to conduct its own poll or risk having to run a fresh tender proposal.

It is about as delayed as we can go, he commented of the July 7 vote.

NYSE Euronext (NYSE:NYX) opened the day at 40.53 then added +0.91 points or +2.24% and closed the day at 41.55, however its 52 week range was 26.42 - 41.18. It had traded an overall volume of 3.27 million shares below its average volume of 4.91 million.

Covering the high profile stories at NYSE, Dean Foods Company (NYSE:DF) shares jumped 11.5% after the dairy company announced a higher-than-expected profit for the first quarter and upgraded its 2011 earnings outlook.

Medifast, Inc. (NYSE:MED) shares advanced nearly 18% after the diet-products company late Monday announced quarterly results that went beyond estimates.

Triumph Group, Inc. (NYSE:TGI) shares enhanced nearly 11% after the aerospace company announced that fourth-quarter net income added to $2.04 per share, surpassing Wall Street approximations.

Zale Corporation (NYSE:ZLC) shares enhanced 12.6% after the jewelry retailer informed that it gave its chief financial officer the added responsibility of chief administrative officer.

Boston Scientific Corporation (NYSE:BSX) shares dropped 9% after the medical-device manufacturer announced that Ray Elliott would retire as president and chief executive at the end of the year.

DICE HOLDINGS, INC. (NYSE:DHX) shares slipped 5.5% a day following the operator of online technology-jobs sites announced that “certain stockholders” would sell 8 million shares.

Sotheby’s (NYSE:BID) shares sank 6% following the New York auctioneer late Monday posted a first-quarter profit under anticipations.

USANA Health Sciences, Inc. (NYSE:USNA) shares lost 12.5% after the manufacturer of nutritional supplements announced that three top executives had resigned.

During Tuesday business oil prices moved above $103 a barrel helping the energy stocks to pare their early losses. As a result the energy sector saw a significant growth of +0.72%.

The prominent companies conducting their business in the energy sector include Cleantech Transit, CLNO stock price increased 1.25% Tuesday and settled $0.122. However GreenHouse Holdings, GRHU decreased 3.45% to close at $1.40.

grhuIn general, GreenHouse Holdings, Inc is a supplier of energy efficiency offerings and sustainable infrastructure products. The company designs, engineers and installs diverse technologies and products that help to create persistent technical and financial results, by enabling clients to monitor and control their energy costs in the most efficient manner possible. The target markets for GreenHouse Holdings for its energy efficiency solutions slot in residential, commercial and industrial, as well as government and military markets.

Although aquaponics (the simplest definition being “the symbiotic cultivation of plants and aquatic animals in a recirculating environment”) has been around in various forms for thousands of years, Aquaponics from GreenHouse contain proprietary ways to produce yields that fall well within established production parameters for existing aquaponics systems, but with a much more stable system requiring less intervention and maintenance, featuring much greater environmental sustainability, when compared to competing technology.

clnoThe second energy sector company is Cleantech Transit Inc that successfully makes use of the benefits of technology progressions and manufacturing opportunities in the expanding clean energy public transportation sector.

Company manages on a direct investment approach in demanding green energy projects that are expected to maximize shareholder profits.

After having recognition for the many economic and operational processes of converting wood waste into renewable sources of energy, Cleantech chosen to place its significant investments in Phoenix Energy (www.phoenixenergy.net). This clean energy project is expected to bump up shareholder returns as well benefit the Company’s manufacturing clients worldwide.

Biomass is a renewable, low carbon fuel that is already widely available throughout the globe. Its production and use also brings supplementary environmental and social benefits. Correctly managed, biomass is a sustainable fuel that can deliver a noteworthy reduction in net carbon emissions when compared with fossil fuels.

To cut the story short, total 3,487 stocks are listed on NYSE out of which 2,775 remained in positive zone and 630 remained in negative zone rest experienced no change for the day, however 107 marked their New Highs and 13 set their New Lows.

THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY SECURITY!

Disclaimer: Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment. galaxystocks.com publisher and its affiliates and contractors are not registered investment advisers or broker/dealers. Our disclaimer ( http://galaxystocks.com/disclaimer) is to be read and fully understood before using our site, reading our newsletter or joining our email list. Release of Liability: Through use of this website viewing or using, you agree to hold galaxystocks.com report and Crown Equity Holdings Inc. CRWE, its operators, shareholders, employees and/or contractors harmless and to completely release them from any and all liability due to any and all loss (monetary or otherwise), damages (monetary or otherwise) that you may occur. Rule 17B requires disclosure of payment for investor relations. Crown Equity Holdings Inc. (CRWE.OB) is a newswire as well as an IR and PR firm. Crown Equity Holdings Inc. (CRWE.OB), in some cases, provides media advertising and public awareness for both public and private companies, as well as disseminating news. As such, in some cases, when Crown Equity Holdings Inc. (CRWE.OB) advertises for a particular client, Crown Equity Holdings Inc. (CRWE.OB) charges an advertising fee which it must disclose under 17B. The fee may be in cash, in free trading stock or in restricted stock. Crown Equity Holdings Inc. (CRWE.OB), if paid in stock, can and may sell those securities during the advertising period. Crown Equity Holdings Inc. (CRWE.OB) anticipates receiving 2,000,000 shares of 144 restricted stocks from the company for 12 months of advertisement services for Cleantech Transit, Inc. (CLNO.OB). Crown Equity Holdings Inc. (CRWE.OB) has received ten thousand dollars in cash and anticipates another ten thousand dollars in cash from the company for 60 days of advertisement services for Green House Holdings, Inc. (GRHU.OB). In addition to the cash, Crown Equity Holdings Inc. (CRWE.OB) also anticipates receiving 20,000 shares of 144 restricted stocks from a third party.


Tags: BID, Boston Scientific, BSX, Cleantech Transit, CLNO, CLNO.OB, Dean Foods, Deutsche Boerse, DF, DHX, DICE HOLDINGS, Duncan Niederauer, German law, GreenHouse Holdings, GRHU, GRHU.OB, high profile Stories at NYSE, IntercontinentalExchange, MED, Medifast, NASDAQ OMX Group, New Highs, New Lows, New York, NYSE, NYSE Euronext, NYSE:BID, NYSE:BSX, NYSE:DF, NYSE:DHX, NYSE:MED, NYSE:NYX, NYSE:TGI, NYSE:USNA, NYSE:ZLC, NYX, Ray Elliott, Sotheby's, TGI, Triumph Group, USANA Health, USNA, Wall Street, Zale, ZLC