Wall Street

New York Stock Exchange on Wall Street
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There seems to be strong investor demand on the New York Stock Exchange for North Carolina-based Quintiles.

Trading began today for the drug-testing company at $40 a share, and by mid-day – shares were up to almost $44.  The price closed at $42.

Phil Bridges, a spokesman for Quintiles, says this is an iconic moment in the company's history.

The free market is the backbone of the United States economy, but is it as friendly as the experts claim?

John Staddon doesn’t think so. His new book, “The Malign Hand of the Market: The Insidious Forces on Wall Street that are Destroying Financial Markets and What We Can Do About It” (McGraw-Hill/2012), examines how the free market has been subverted. Host Frank Stasio talks about the free market and how it can be fixed with John Staddon, James B. Duke professor of psychology and professor of biology and neurobiology emeritus at Duke University.