All Posts Tagged With: "NDAQ"
(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(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(NDAQ) NASDAQ OMX Group to Initiate Capital Plan – Share Buyback
Yesterday, Reuters reported that NASDAQ OMX Group Inc. (NDAQ) plans to adopt a new capital plan in the beginning of the fourth quarter of 2011. Accordingly, the company intends to buyback more shares in the coming period, given the sharp price declines in the stock market. The...
19Sep2011 | 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(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(BJ) Company News for June 10, 2011 – Corporate Summary
• On Thursday, 3M Company (NYSE:MMM) said it has concluded an agreement to buy manufacturer of quick cure, aircraft sealants Advanced Chemistry & Technology. The acquisition will enhance and expand 3M’s product availability in the aerospace market • ...
14Jun2011 | vitalstocks | 0 comments | Continued(BJ) Company News for June 10, 2011 – Corporate Summary
• On Thursday, 3M Company (NYSE:MMM) said it has concluded an agreement to buy manufacturer of quick cure, aircraft sealants Advanced Chemistry & Technology. The acquisition will enhance and expand 3M’s product availability in the aerospace market • ...
10Jun2011 | vitalstocks | 0 comments | Continued(AFL) Company News for May 31, 2011 – Corporate Summary
• Marvell Technology Group Ltd. (NASDAQ:MRVL) reported first quarter fiscal 2012 adjusted earnings per share of 24 cents, 2 cents shy of the Zacks Consensus Estimate of 26 cents. Despite the miss, shares increased 8.86% in after-market trade on encouraging second quarter...
31May2011 | 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(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(NDAQ) Nasdaq OMXGroup Announces Possible Expansion in Japan
In order to expand its footprint globally, Nasdaq OMXGroup Inc. (NDAQ) may partner with the No.2 operator of Japan – Osaka Securities Exchange Co. (OSE) to re-enter the Japanese market as early as January 2012. Earlier in 2000, Nasdaq and OSE had opened the Nasdaq Japan...
30Dec2010 | vitalstocks | 0 comments | Continued(NDAQ) Nasdaq OMX Group to Purchase FTEN Incorporated
Expanding its risk management solutions, yesterday, Nasdaq OMX Group Inc. (NDAQ) announced its agreement to acquire leading real-time risk management solutions provider, FTEN Inc., for an undisclosed amount. Besides, while other terms of the deal are yet to be revealed, it is...
17Dec2010 | 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(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(NDAQ) Nasdaq OMX Group to Do Share Buyback
After seeking approval from its Board on March 2, Nasdaq OMX Group Inc. (NDAQ) announced plans to repurchase its common stock worth $300 million that will be funded from its existing cash balances. However, the stock buyback program may be conducted at intervals depending upon...
4Mar2010 | vitalstocks | 0 comments | Continued