Friday, November 11, 2011

Viacom jumps to Nasdaq

Viacom introduced plans Friday to change buying and selling in the shares in the NY Stock Market towards the Nasdaq Global Market beginning 12 ,. 1, a move the organization stated is voluntary and can save it money. The New york stock exchange carries greater listing along with other costs than Nasdaq, that was once purely a haven for volatile Internet and technology firms but still hosts the likes of Apple, Microsoft, Google, Yahoo and Netflix. Older, competent names tended to stay using the New york stock exchange, considered tonier. But recently the Nasdaq, where stocks are exchanged with an electronic system and this is not on a buying and selling floor, continues to be tempting companies in the Large Board and attaining a larger membership. News Corp. trades there. Adding Viacom, another high-profile media conglom, is one thing of the coup. Viacom, who owns Vital and MTV Systems stated its new house "could be more economical, while ongoing to supply Viacom investors with strong execution and liquidity." Its Class A and sophistication B shares will trade underneath the same stock symbols, VIA and VIAB. Contact the range newsroom at

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