All Posts Tagged With: "ICE"
(BAC) Stock Market News for January 18, 2012 – Market News
The major US indices registered gains to close in the green after a slew of positive economic reports were released at home and in China. A successful debt auction in Europe added to the cheer. However, the gains were limited, as investors’ sentiments were dampened after the...
18Jan2012 | 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(NYX) NYSE Euronext Reconciles with Investors
Last week, NYSE Euronext Inc. (NYX) and its merger partner Deutsche Boerse AG agreed to reconcile with the NYSE investors over a special dividend payout of $910 million, which was announced earlier this month. In February this year, NYSE and Deutsche Boerse had agreed to merge,...
29Jun2011 | vitalstocks | 0 comments | Continued(AMR) Company News for May 17, 2011 – Corporate Summary
• NYSE Euronext’s (NYSE:NYX) shares declined 12.6% after NASDAQ OMX Group (NASDAQ:NDAQ) and IntercontinentalExchange (NYSE:ICE) cancelled their bid to acquire NYSE’s parent organization • JPMorgan Chase & Co. (NYSE:JPM) upgraded AMR Corporation (NYSE:AMR)...
18May2011 | vitalstocks | 0 comments | Continued(AMR) Company News for May 17, 2011 – Corporate Summary
• NYSE Euronext’s (NYSE:NYX) shares declined 12.6% after NASDAQ OMX Group (NASDAQ:NDAQ) and IntercontinentalExchange (NYSE:ICE) cancelled their bid to acquire NYSE’s parent organization • JPMorgan Chase & Co. (NYSE:JPM) upgraded AMR Corporation (NYSE:AMR)...
17May2011 | vitalstocks | 0 comments | Continued(CEPH) Stock Market News for May 3, 2011 – Market News
Late on Sunday, US President Barack Obama declared: “I determined that we had enough intelligence to take action and authorized an operation to get Osama bin Laden and bring him to justice….After a firefight, they killed Osama bin Laden and took custody of his body.” The...
3May2011 | vitalstocks | 0 comments | Continued(NYX) NYSE Euronext Disappoints NASDAQ OMX-IntercontinentalExchange Again
NYSE Euronext Inc. (NYX) has again rejected the joint takeover bid from NASDAQ OMX Inc. (NDAQ) and IntercontinentalExchange Inc. (ICE) for the second time within a fortnight, thereby backing the more friendly $9.8 billion merger deal with Frankfurt-based Deutsche Boerse AG that...
26Apr2011 | vitalstocks | 0 comments | Continued(NDAQ) NASDAQ OMX Group Earnings Report Beats by a Penny
NASDAQ OMX Group Inc.’s (NDAQ) first quarter operating earnings per share of 61 cents came in a penny higher than the Zacks Consensus Estimate of 60 cents and significantly higher than prior-year quarter earnings of 43 cents. Total operating earnings, on non-GAAP basis, increased...
22Apr2011 | vitalstocks | 0 comments | Continued(NDAQ) NASDAQ OMX Group Still After NYSE Euronext
Despite that NYSE refused NASDAQ’s $11.3 billion take over offer earlier last week, NASDAQ OMX Group Inc. (NDAQ) appears to still be very game to merge with NYSE Euronext Inc. (NYX). On Friday, NYSE was reported to be open to selling its American Stock Exchange (Amex) in order...
19Apr2011 | 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(AA) Stock Market News for April 12, 2011 – Market News
Markets shed a few points, on Monday, as investors remained concerned about companies missing their earnings estimates. Lower oil prices pulled back the energy sector while blue chips managed moderate gains and outpaced the broader market. The Dow Jones Industrial Average (DJIA)...
12Apr2011 | vitalstocks | 0 comments | Continued(AGN) Company News for April 04, 2011 – Corporate Summary
• The Nasdaq OMX Group (NASDAQ:NDAQ) and the IntercontinentalExchange (NYSE:ICE) announced a joint proposal to acquire NYSE Euronext (NYSE:NYX) for $42.50 per share in cash and stock, or approximately $11.3 billion, based on the closing prices of the respective stocks as of...
4Apr2011 | vitalstocks | 0 comments | Continued(JPM) U.S. Securities and Exchange Commission Backs Rule to Resist Crisis
On Wednesday, the Securities and Exchange Commission (SEC) took a few steps to reinforce the country’s ability to combat economic crisis. The SEC proposed to curb bankers’ pay and limit the reliance on the credit rating agencies. These two proposals, along with the new governance...
10Mar2011 | vitalstocks | 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(BWLD) Company News for February 10, 2011 – Corporate Summary
• Polo Ralph Lauren (NYSE:RL) reported Q3 EPS of $1.72, well ahead of the Zacks Consensus Estimate of $0.80 per share. Revenues for the quarter rose 24% year-over-year to $1.50 billion, above the Zacks Consensus Estimate of $1.39 billion • IntercontinentalExchange (NYSE:ICE)...
10Feb2011 | 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(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(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(HPQ) Hewlett-Packard Wins Government Contract
After rolling out encouraging second quarter numbers, Hewlett-Packard (HPQ) recently won a $41.6 million contract from the U.S. Department of Homeland Security Immigration and Customs Enforcement’s (ICE) Law Enforcement Support Center (LESC). As per the terms of the agreement,...
25May2010 | 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 $292 million from the forthcoming initial public offering (IPO), through a regulatory dossier filed...
21May2010 | vitalstocks | 0 comments | Continued(NDAQ) Nasdaq OMX Introduces Smartphone Index
On Monday, Nasdaq OMX Inc. (NDAQ) announced that it has partnered with the Consumer Electronics Association (“CEA”) to introduce the Nasdaq OMX CEA Smartphone IndexSM (“QFON”). The Smartphone Index is set to mark new and high standards for the telecommunications...
13Apr2010 | vitalstocks | 0 comments | Continued(NDAQ) Nasdaq OMX Expands With Options Trading its Internet Index
On Tuesday, Nasdaq OMX Inc. (NDAQ) announced the launch its options trading on its Nasdaq Internet Index (QNET) platform on Mar 24, through Nasdaq OMX PHLX. Susquehanna Securities, which already provides liquidity in several PHLX index options, is the specialist for this new...
7Apr2010 | vitalstocks | 0 comments | Continued(NDAQ) Nasdaq OMX Incorporated Acquires Nord Pool ASA
In an attempt to strengthen its power and carbon derivatives offering, on Wednesday, Nasdaq OMX Inc. (NDAQ) announced the acquisition of Nordic power bourse, Nord Pool ASA. Although the terms and value of the deal remains undisclosed, the transaction awaits regulatory approvals. In...
18Mar2010 | vitalstocks | 0 comments | Continued(NDAQ) Nasdaq OMX Group Adds Newedge Clearing
As reported by the Reuters on Wednesday, Nasdaq OMX Group Inc.’s (NDAQ) majority-owned International Derivatives Clearing Group (IDCG) has added Newedge USA, LLC, the world’s largest multi-asset brokerage and clearing firm, for offering a central counterparty clearing of...
12Mar2010 | vitalstocks | 0 comments | Continued($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(ICE) Intercontinental Exchange Initiated as Neutral
We have recently initiated coverage on Intercontinental Exchange Inc. (ICE) with a Neutral recommendation. The company’s third quarter earnings per share of $1.18 modestly surpassed the Zacks Consensus Estimate of $1.04. Results benefited from position limitations on speculators,...
1Feb2010 | vitalstocks | 0 comments | Continued(ICE) The New Crude Oil Benchmark That Could Change the Oil Market’s Price Dynamics
by Sheena Martin, Contributing Editor Tuesday, November 24, 2009 Earlier this month, the world’s largest oil producer set the table for a move away from traditional light, sweet crude oil. Saudi Aramco, the state-owned company of Saudi Arabia has decided to drop West Texas...
25Nov2009 | InvestmentU | 0 comments | Continued(ICE) Intercontinental Exchange Launches New Energy Contracts
On Monday, Intercontinental Exchange, Inc. (ICE) launched 40 new over-the-counter (OTC) energy contracts for North American natural gas, power, natural gas liquids and global oil products. Trading of the above contracts is scheduled to begin on Dec 7, 2009. The new cleared oil...
14Nov2009 | 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