Nasdaq Inc - NDAQ STOCK NEWS

The Board of Directors of Nasdaq has declared a quarterly dividend of $0.20 per share on its common stock. This dividend is scheduled for payment on March 31, 2023, to shareholders on record as of March 17, 2023. Future dividend declarations and payment dates will depend on Board approval.

Nasdaq is a global technology company enhancing capital markets with diverse offerings in data, analytics, and software solutions.

Nasdaq, Inc. (NDAQ) reported its financial results for Q4 and 2022, with net revenues of $3,582 million, marking a 5% increase from 2021. Solutions business revenues surged by 9%, while Trading Services revenues saw a decrease of 2%. In Q4 2022, net revenues rose 2% to $906 million. Annualized Recurring Revenue (ARR) grew by 8% year over year. GAAP diluted EPS dropped by 4%, while non-GAAP diluted EPS increased by 6%. The company returned $1,016 million to shareholders through buybacks and dividends. Nasdaq’s new corporate structure aims to enhance client services, while SaaS revenues increased by 13%. The company maintains a strong capital position for growth in 2023.

Dasseti, formerly Diligend, has enhanced its collaboration with Nasdaq Ventures following a successful Series A Financing round. This partnership aims to improve operational efficiency in the investor due diligence space through advanced technology and deeper product integration with Nasdaq eVestment. Hence, clients will benefit from streamlined workflows and improved data analysis capabilities. With over $20 trillion in assets under management, Dasseti's growth trajectory shows strong demand among institutional investors, consultants, and asset managers. The rebranding reflects its commitment to provide unique insights and drive decision-making in investment management.

The Nasdaq Stock Market announced the delisting of shares for three companies: Schmitt Industries, Inc., Viveve Medical, Inc., and American Virtual Cloud Technologies, Inc. Schmitt Industries was suspended from trading on January 17, 2023, followed by Viveve Medical on January 19, and American Virtual Cloud Technologies on January 20. Nasdaq will file a Form 25 with the SEC to finalize these delistings, which will take effect ten days post-filing. For further details on the basis for these actions, investors are encouraged to review the companies' public filings.

Nasdaq (NDAQ) and Kiatnakin Phatra Securities (KKPS) have announced a partnership to implement Nasdaq's Trade Surveillance technology in Thailand. This collaboration marks KKPS as the first local broker to utilize this advanced system to enhance market integrity and surveillance capabilities. The technology offers features such as direct market connectivity, tailored alerts, and intuitive visualizations, allowing KKPS to effectively monitor and manage potential market abuse. Nasdaq's SVP noted the significance of this partnership in promoting trust and transparency in Thailand's stock market, reinforcing KKPS's commitment to safeguarding investor interests.

On January 13, 2023, the Nasdaq Stock Market (NDAQ) announced a change in the trading halt status of Relativity Acquisition Corp. (RACY, RACYU, RACYW) to 'additional information requested.' This status follows a trading halt initiated on January 11, 2023, at 17:14:36 ET due to 'news dissemination.' The last sale prices before the halt were $12.28 for RACY, $12.99 for RACYU, and $0.0471 for RACYW. Trading will remain suspended until Relativity Acquisition Corp. fulfills Nasdaq's request for more information.

On January 12, 2023, trading on the Nasdaq Stock Market for Arbor Rapha Capital Bioholdings Corp. I (Nasdaq: ARCK, ARCKU, ARCKW) was halted at 18:47:19 ET. The last recorded sale prices were $11.90 (ARCK), $12.00 (ARCKU), and $0.0966 (ARCKW). The halt was initiated due to a request for "additional information" from the company. Trading will remain suspended until Arbor Rapha satisfactorily responds to Nasdaq’s request. For further updates, stakeholders can contact the company directly or check their listings on the Nasdaq website.

Nasdaq emphasizes the importance of climate resilience for businesses amid recent global challenges, including the pandemic, supply chain disruptions, and geopolitical tensions. Large corporates are engaging suppliers to meet net zero targets, with 58% of S&P 500 companies including climate goals in their 2022 Proxy Statements. The rise in energy costs and operational expenses due to the global energy crisis highlights the need for companies to enhance their resilience strategies. Nasdaq advocates for businesses to assess their climate risks and implement effective mitigation strategies to ensure long-term financial stability.

Nasdaq (NDAQ) released its monthly volumes for December 2022 and quarterly volumes, including estimated revenue capture, listing numbers, and index statistics ending December 31, 2022. The detailed information can be accessed on its investor relations website. The report emphasizes the company's operational performance amidst market conditions. However, readers are cautioned regarding forward-looking statements due to inherent risks and uncertainties that could affect future performance.