All Posts Tagged With: "CME"
(NYX) NYSE Euronext to Close SecFinex
Yesterday, Financial Times reported that NYSE Euronext Inc. (NYX) is mulling the closure of its European securities lending platform unit – SecFinex – in order to merge itself successfully with Frankfurt-based Deutsche Boerse, as proposed earlier this year. Based in London...
14Dec2011 | vitalstocks | 0 comments | Continued(CME) A Beginner’s Guide to Commodity Investing
by Carl Delfeld, Investment U Senior Analyst Thursday, November 17, 2011 I’ll never forget my first visit as a teenager to the commodity-trading pit of the Chicago Mercantile Exchange (CME). The swirling bright colored jackets, the shouting and rapid hand signals (looked like...
18Nov2011 | InvestmentU | 0 comments | Continued(NDAQ) NASDAQ OMX Group to Buyback Notes – Refinance
On Tuesday, NASDAQ OMX Group Inc. (NDAQ) announced a cash tender offer for its outstanding 2.5% Convertible Senior Notes due 2013. The company will purchase the notes at a premium of $25 for every note of face value $1000. It will also pay the accrued and unpaid interest up to...
22Sep2011 | vitalstocks | 0 comments | Continued(ICE) Intercontinental Exchange Analyst Maintains Neutral on Shares
Intercontinental Exchange Inc. (ICE) develops and offers a diverse array of products and a broad range of risk management services. Also, the company demonstrated immense growth potential in its futures and OTC markets, thereby gaining competitive leverage. Its intermittent restructuring...
6Jul2011 | vitalstocks | 0 comments | Continued(NDAQ) Neutral on NASDAQ
We maintain our Neutral recommendation on NASDAQ OMX Group Inc. (NDAQ) based on its current sustainability factor. The company’s first quarter earnings beat the Zacks Consensus Estimate driven by strong revenue growth across the board coupled with moderate expense management....
22Jun2011 | vitalstocks | 0 comments | Continued(CME) Meet New Zacks Senior Stock Strategist Kevin Cook
Hello fellow investors! My name is Kevin Cook and I just joined the Zacks.com team as a Senior Stock Strategist. I can’t wait to share with you all the ways we can work together to not simply survive in this market, but to thrive in it! But, first things first…I want...
1Jun2011 | vitalstocks | 0 comments | Continued(BP) Making Money on Triple-Digit Oil
Wednesday trading action in crude oil saw the black gold stick its head above $100, which may be the least psychologically-significant round number out there since the people who do the trading are mostly professional speculators and energy companies who have lots of other things...
27May2011 | vitalstocks | 0 comments | Continued(NYX) NYSE Euronext Turns Away NASDAQ OMX Group/IntercontinentalExchange Buyout Offer
In a dramatic turn of events, yesterday NYSE Euronext Inc. (NYX) discarded the proposed takeover bid made by NASDAQ OMX Group Inc. (NDAQ) and IntercontinentalExchange Inc. (ICE), citing multiple concerns. The NYSE management cited that it is not interested in splitting up the...
12Apr2011 | vitalstocks | 0 comments | Continued(NYX) Analyzing the Proposed Merger Between the NYSE Euronext (NYX) and Deutsche Boerse
Wall Street has been abuzz with the proposed merger between the NYSE Euronext (NYX) and Deutsche Boerse. The deal would create a new global exchange. It’s big news for the investment industry. It has also sparked patriotic talk on both sides of the Atlantic about the naming...
26Mar2011 | Shawn | 0 comments | Continued(NDAQ) NASDAQ OMX Could Be Looking to Merge
Given the flurry of merger and acquisition (M&A) activity in the industry, NASDAQ OMX Inc. (NDAQ) is reportedly hunting for a partner to bid against NYSE Euronext Inc. (NYX) who has agreed to combine with Deutsche Boerse in a $10 billion deal, last week. NASDAQ is also weighing...
24Feb2011 | vitalstocks | 0 comments | Continued(CME) CME Group Earnings Report Lags Expectations – Revenue Top-Line Exceeds
CME Group Inc (CME) reported its fourth quarter earnings per share of $3.77, way behind the Zacks Consensus Estimate of $3.81. Net operating income was $252.7 million in the fourth quarter 2010. The decline was primarily attributable to rise in operating and non-operating expenses...
8Feb2011 | vitalstocks | 0 comments | Continued(C) Company News for January 07, 2011 – Corporate Summary
• Citigroup (NYSE:C) is reportedly looking for a buyer for its CitiFinancial Unit for as much as $1 billion • Goldman Sachs (NYSE:GS) has added Diamond Offshore (NYSE:DO) to its Conviction Buy List, upgrading the shares from a “selling” rating previously held,...
14Jan2011 | vitalstocks | 0 comments | Continued(BA) Company News for December 27, 2010 – Corporate Summary
• Boeing (NYSE:BA) is planning to restart test flights of its problem-prone Dreamliner on Thursday, and revealing the extent of its seventh delivery schedule delay in January • According to this week’s issue of Barron’s, Cisco (NASDAQ:CSCO) is currently trading...
27Dec2010 | vitalstocks | 0 comments | Continued(CME) CME Group Adds Transparency – Begins OTC Swaps Clearing
In order to guard the financial system from defaults and ensure more transparency, CME Group Inc. (CME) has launched a new service for providing clearing services to the $400 million over-the-counter (OTC) interest rate swaps through its CME Clearing. Until now, such derivatives...
21Oct2010 | vitalstocks | 0 comments | Continued(AMD) Company News for October 15, 2010 – Corporate Summary
• General Electric (NYSE:GE) reported better-than-expected third quarter earnings of $0.29 a share, ex-items, beating estimates of $0.27 on revenues that rose 25% to $35.9 billion, below estimates of $37.67 billion as a result of lower equipment sales and reduced GE Capital...
15Oct2010 | vitalstocks | 0 comments | Continued(ICE) IntercontinentalExchange Launches System for Credit Default Swap Market
For the first time in the industry, IntercontinentalExchange Inc. (ICE) launched the Novation Consent=Confirmation (C=C) initiative through its ICE Link platform on Sept 12, in order to smooth the credit default swap (CDS) processes in the market. Over the past year, regulators...
14Sep2010 | vitalstocks | 0 comments | Continued(CME) Chicago Board Options Exchange IPO to Raise at Least $292 Million
According to Reuters, on May 18, the final major private options exchange left in the U.S., the Chicago Board Options Exchange (CBOE) unveiled its estimation of raising at least $292 million from the forthcoming initial public offering (IPO), through a regulatory dossier filed...
21May2010 | vitalstocks | 0 comments | Continued(NDAQ) Nasdaq OMX Introduces Smartphone Index
On Monday, Nasdaq OMX Inc. (NDAQ) announced that it has partnered with the Consumer Electronics Association (“CEA”) to introduce the Nasdaq OMX CEA Smartphone IndexSM (“QFON”). The Smartphone Index is set to mark new and high standards for the telecommunications...
13Apr2010 | vitalstocks | 0 comments | Continued(NDAQ) Nasdaq OMX Expands With Options Trading its Internet Index
On Tuesday, Nasdaq OMX Inc. (NDAQ) announced the launch its options trading on its Nasdaq Internet Index (QNET) platform on Mar 24, through Nasdaq OMX PHLX. Susquehanna Securities, which already provides liquidity in several PHLX index options, is the specialist for this new...
7Apr2010 | vitalstocks | 0 comments | Continued(NDAQ) Nasdaq OMX Incorporated Acquires Nord Pool ASA
In an attempt to strengthen its power and carbon derivatives offering, on Wednesday, Nasdaq OMX Inc. (NDAQ) announced the acquisition of Nordic power bourse, Nord Pool ASA. Although the terms and value of the deal remains undisclosed, the transaction awaits regulatory approvals. In...
18Mar2010 | vitalstocks | 0 comments | Continued(NDAQ) Nasdaq OMX Group Adds Newedge Clearing
As reported by the Reuters on Wednesday, Nasdaq OMX Group Inc.’s (NDAQ) majority-owned International Derivatives Clearing Group (IDCG) has added Newedge USA, LLC, the world’s largest multi-asset brokerage and clearing firm, for offering a central counterparty clearing of...
12Mar2010 | vitalstocks | 0 comments | Continued(NYX) NYSE Euronext Sells Small Stake in NYSE Liffe U.S.
On Mar 10, NYSE Euronext Inc. (NYX) announced that it has sold its prime minority stake in NYSE Liffe U.S. to DRW Ventures LLC, a unit of DRW Trading Group (DRW). This brings the total number of outside owners in NYSE Liffe to six. The other five owners are Citadel Securities,...
12Mar2010 | vitalstocks | 0 comments | Continued($GS) Chicago Board Options Exchange Files for IPO
On Thursday, the final major private options exchange left in the U.S., the Chicago Board Options Exchange (CBOE), unveiled its decision of demutualization and going public by filing the initial S-1 form to the Securities and Exchange Commission (SEC) for an initial public offering...
12Mar2010 | vitalstocks | 0 comments | Continued(CME) CME Group Getting 90% of Dow Jones & Company
Recently, CME Group Inc. (CME) has announced that a definitive agreement has been reached to attain 90% of the stake in the Dow Jones & Company. This new joint venture will own the Dow Jones Indexes, which includes The Dow Jones Industrial Average (DJI) and approximately...
16Feb2010 | vitalstocks | 0 comments | Continued(CME) CME Group Misses Earnings Expectations
CME Group Inc. (CME) reported fourth quarter earnings of $3.37 per share, missing the Zacks Consensus Estimate of $3.44. However Incorporatedluding an impairment charge on investment in DME of $24 million and net favorable impacts to net income of $2 million related to the ERP...
5Feb2010 | vitalstocks | 0 comments | Continued(ICE) IntercontinentalExchange Beats on Record Futures Trading
IntercontinentalExchange, Inc. (ICE) reported its third quarter results yesterday. The company swung to a GAAP net income of $86.9 million or $1.18 per share from a net income of $75 million or $1.04 in the year-ago period. Results came in 3 cents ahead of the Zacks Consensus...
4Nov2009 | vitalstocks | 0 comments | Continued(NYX) NYSE Euronext Beats Consensus by 18%
NYSE Euronext Inc. (NYX) reported third-quarter results on Friday. The company swung to a GAAP net income of $125 million or 44 cents per share from a GAAP net loss of $182 million in the prior quarter and a net income of $174 million or 66 cents in the year-ago period. Results...
2Nov2009 | vitalstocks | 0 comments | Continued(CME) CME Group Unveils September Volumes
On Oct. 2, CME Group Inc. (CME) announced that Sept. 2009 volume averaged 10.5 million contracts per day, assuming combined CME Group and NYMEX volumes. That’s down 32% from Sept. 2008, but up 3% compared to Aug. 2009. Total monthly volume was 222 million contracts, 82%...
6Oct2009 | vitalstocks | 0 comments | Continued(CME) CME Group Launches Petroleum-Gas Contracts
On Friday, CME Group Inc. (CME) launched trading and clearing services for eight new petroleum products and nine natural gas liquids (NGL) futures contracts. While trading will be available on the New York trading floor, the clearing services will be available through CME ClearPort. ClearPort...
15Sep2009 | vitalstocks | 0 comments | Continued(CME) CME Group Inc Launches Green Options
On September 8th, CME Group Inc. (CME) announced the launch of trading and clearing services for new “in delivery” month European Union Allowance and Certified Emission Reduction serial options contracts. Trading will be available on the New York trading floor and...
9Sep2009 | vitalstocks | 0 comments | Continued