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Still, the potential merger would sharply expand ICE, which despite its bigger market value is a smaller company.
Of U.S. companies only ExxonMobil has a bigger market value.
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The company once had the biggest market value in Ireland, but its shares are now trading nearly 80% off their 52-week high.
Correction: March 31, 2000, Friday A chart in Business Day on March 3 with an article about the first day of trading for Palm gave an incorrect list of the biggest market values ever placed on United States companies in their first day of trading.
When Forbes was naming Goodwin businessman of the year in 2002, the magazine noted that RBS had a bigger stock market value than the likes of JP Morgan Chase, UBS and Deutsche Bank.
Shares of Morgan Stanley Dean Witter and Goldman Sachs Group -- the two biggest by market value -- also fell yesterday.
While other companies have been criticized for conditions at their operations overseas, Apple has received particular attention because it is the biggest — its market value is more than the combined value of Google and Microsoft — and among the richest.
Sun Hung Kai Properties, the citys biggest by market value, rocketed 9.3%, or 13.20 Hong Kong dollars ($1.69), to 154.90 Hong Kong dollars ($19.86).
It was not a pretty sight, especially at mature troubled companies where the pension funds had grown bigger than the market value of the companies themselves.
Other companies on investors' lists include Prudential, Britain's biggest insurer by market value, and WPP, the world's biggest advertising company.
Goldman Sachs plans to raise about $1.1 billion by selling its remaining stake in the Industrial and Commercial Bank of China, ending its lucrative seven-year investment it what has grown to become the world's biggest lender by market value.
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