Countrywide to Get Dual Listing

Countrywide Financial Corp., Calabasas, Calif., has announced that it will become one of the first companies to receive dual listings on the New York Stock Exchange and the NASDAQ Stock Market."We believe dual listing will encourage competition between the two markets and their respective trading systems, and that this can ultimately benefit shareholders," said Angelo R. Mozilo, Countrywide's chairman and chief executive officer. Other companies participating in the dual-listing program are: Hewlett Packard, Charles Schwab, Walgreens, Apache Oil, and Cadence.

For reprint and licensing requests for this article, click here.
Servicing
MORE FROM NATIONAL MORTGAGE NEWS