Earlier this year, engineers at Wal-Mart Stores Inc. (WMT.N) who track rivals' prices online got a rude surprise: the technology they were using to check Amazon.com several million times a day suddenly stopped working.
Bats, a CBOE Holdings Inc. company, and an operator of stock exchanges in the United States, announced today that it is proposing to adopt a new, competitively priced alternative to the primary market closing auctions that take place at the end of the U.S. equities trading day, subject to regulatory approval.
The S&P 500 and the Nasdaq opened at record highs on Tuesday amid rising appetite for riskier assets following Emmanuel Macron's victory in the French presidential election and a strong U.S. corporate earnings season.
Office supply chain Office Depot Inc., reported a bigger-than-expected profit for the first quarter as its operational expenses fell, in part due to a lower store count. The company's net income rose to $116 million, or 22 cents per share, in the quarter ended April 1, from $46 million, or 8 cents per share, a year earlier.