Nasdaq should get out of press release, website business
NASDAQ has sparked an uproar among its listed firms and investor relations service providers with a proposal to bundle news releases and website services into its listing fees. We cover the furor over the proposal in a separate story. In this article, I want to address a question posed by at least one company in [...]
Nasdaq gets black eye over fee hike
THE Nasdaq Stock Market has provoked an unprecedented uproar among its listed companies over a proposal to raise its listing fees and force them to pay for investor relations services from firms the exchange owns. In a major embarrassment for the exchange, dozens of investor relations officers, CFOs and other executives have written to the [...]
Nasdaq on collision course with IR vendors
THE Nasdaq Stock Market Inc. appears ready to wrap the cost of investor relations websites and newswire services into its annual listing fees — putting it on a collision course with many of its listed companies’ current service providers. In a filing with the SEC yesterday, the stock exchange said its fees would rise about [...]
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