Companies traded on the New York Stock Exchange
Encyclopedia : C : CO : COM : Companies traded on the New York Stock Exchange
Companies traded on the New York Stock Exchange (NYSE) range from blue-chip companies through dominant technology companies, to newer, high-growth enterprises. There are nearly 2,800 companies, worldwide.
In 2004, the New York Stock Exchange pulled in 90% of initial public offering (IPO) proceeds for qualified United States operating companies, with 69 IPOs garnering US$24.4 billion. Forty closed-end funds and thirteen exchange-traded funds listed IPOs on the NYSE in 2004. The majority of non-U.S. IPOs eligible for listing on the NYSE also did so, raising $6.75 billion in proceeds worldwide.
Listing standards
U.S. standards
Listing standards for domestic companies require a minimum distribution of a company's shares within the United States. This can be attained, for example, through domestic public offerings or acquisitions. Once listed, the New York Stock Exchange will charge the company initial and continuing fees.Non-U.S. standards
Non-U.S. companies may qualify for listing, either under global or domestic listing standards. Within that particular standard, a company must meet all the distribution and financial criteria.Besides the standards required to become listed on the New York Stock Exchange, there are also qualitative and quantitative continued listing standards.
Listed companies
See also
External links
From Wikipedia, the Free Encyclopedia. Original article here. Support Wikipedia by contributing or donating.
All text is available under the terms of the GNU Free Documentation License See Wikipedia Copyrights for details.
