Group Overseeing Data Processor Agrees To Nasdaq’s Fixes: Source

Securities and Exchange Commission Chair Mary Jo White ordered the exchanges to come up with protocols to improve the resiliency of the processors. In November, Nasdaq presented the SIP committee, which is made up of representatives from all U.S. equity exchanges and the Financial Industry Regulatory Authority, with a list of 10 enhancements needed to improve its SIP. Weeks later, the exchange gave notice that it intended to quit running the system at the end of its two-year contract because talks over implementing the fixes were taking too long. At a meeting in Bonita, Florida, the committee agreed to implement all of the enhancements, having acted on only two of them prior to that, the source said.
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iShares Nasdaq Biotechnology ETF – a solid biotech investment

UK house prices rise at fastest pace since May 2010

13 mins ago Buffett’s Berkshire dissolves stake in Dish (Reuters) – Warren Buffett’s Berkshire Hathaway Inc eliminated its stake in Dish Network Corp in the fourth quarter and added a stake in financial giant Goldman Sachs, according to a regulatory filing on Friday. Berkshire had taken the Dish position in the second quarter. The regulatory filing does not disclose exactly when in the fourth quarter that Berkshire sold its 547,312 shares in the satellite TV company. The changes were disclosed in a U.S. Securities and Exchange Commission filing made public on Friday, which detailed Berkshire equity investments as of December 31.

NASDAQ Welcomes Inogen, Inc (NASDAQ:INGN) to the NASDAQ Stock Market

(“NASDAQ OMX(R)”) ( NDAQ ) will hold its 2014 Investor Day on Thursday, March 27, 2014. NASDAQ’s senior executive team will conduct an in-depth discussion of the company’s operations, objectives, and strategy. Analysts and investors who wish to attend should RSVP to Analysts and investors not attending the event in person are invited to view the live webcast at What: NASDAQ OMX Investor Day When: Thursday, March 27, 2014 from 8:15 a.m. to 1:30 p.m. Eastern Where: NASDAQ MarketSite, 4 Times Square, New York, NY.

2014 NASDAQ OMX Investor Day

Although Obamacare was plagued by political as well as technological issues, some consumers have started buying new insurance plans or have signed up for the Medicare programme. The biotech industry has also benefitted from a heightened mergers and acquisitions activity. Since 2009, the sector has seen at least 400 M&A deals per year. According to analysts, large cash reserves and still-modest R&D are prompting companies to embark on takeovers or join hands. Finally, the healthcare sector and the biotech industry stand to benefit from the aging global population, which boosts the demand for biotechnology.


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