Specialized Finance

The NASDAQ OMX Group, Inc. (Nasdaq: NDAQ) and RTS Stock Exchange have reached a partnership agreement that will facilitate RTS efforts to more quickly realize and maximize profits for their market data content. NASDAQ OMX will provide RTS, one of the major trading platforms in Russia and Eastern...

Jefferies reiterated its Hold rating on NYSE Euronext (NYSE: NYX). At the same time, Jefferies lowered its price target on the company's stock from $39 to $35. On Monday, NYSE added 2.45% to its value to finish the day at $32.65. Its shares continued to climb higher in today's pre-market trading,...

Jefferies & Company has lowered the price target on NYSE Euronext (NYSE: NYX) from $39 to $35 and maintains its Hold rating.

Incofin Investment Management (Incofin), a Belgian fund manager that invests in microfinance, recently reported to MicroCapital that it loaned USD 5 million from the Incofin VDK MFI Loan Portfolio to XacBank, a community development microfinance institution (MFI) in Mongolia. Incofin VDK MFI Loan...

Shares of The NASDAQ OMX Group, Inc. (NASDAQ: NDAQ) are higher on the session by 1.20%, trading at $23.67. Overall put volume is now running at 3.87x the daily average, with 14% of all puts traded being purchases on the offer. 1,792 contracts have traded on the session so far. The NASDAQ OMX...

Shares of Interactive Brokers Group, Inc. (NASDAQ: IBKR) are higher on the session by 0.33%, trading at $15.22. Overall call volume is now running at 11.17x the daily average, with 24% of all calls traded being purchases on the offer. 3,305 contracts have traded on the session so far....

NYSE Euronext (NYSE: NYX) today announced that ISS Proxy Services has recommended that NYSE Euronext shareholders vote on the white proxy card “FOR” the adoption of the business combination agreement between Deutsche Boerse and NYSE Euronext and approval of the transactions contemplated by the...

Ameritrans Capital Corporation (NASDAQ: AMTC), today announced that, at a Special Meeting of the stockholders of Ameritrans Capital Corporation held on June 24, 2011, its stockholders approved the issuance of up to $65 million of common stock to Renova US Holdings Ltd in accordance with the terms,...

Item: President Barack Obama's administration is quietly offering a quasi-amnesty for hundreds of thousands of illegal immigrants, while aiming to win reelection by mobilizing a wave of new Hispanic voters, say supporters of stronger immigration law enforcement. The new rules were quietly...

Item: President Barack Obama's administration is quietly offering a quasi-amnesty for hundreds of thousands of illegal immigrants, while aiming to win reelection by mobilizing a wave of new Hispanic voters, say supporters of stronger immigration law enforcement. The new rules were quietly...

Deutsche Bank made a number of updates in a research report published today. NASDAQ OMX (NASDAQ: NDAQ) had its rating reiterated at Hold. At the same time, however, its price target was lowered from $30 to $27. On Thursday, NASDAQ lost 2.59% of its value to close the day at $23.35. CBOE Holdings...

There have been quite a few Chinese frauds exposed in the past 6 months - many of these were listed on U.S. markets via reverse mergers.  Essentially this is an old shell of a listing that an existing company can move into - sort of like when crab sheds its old shell and moves into better digs. ...

Asta Funding (Nasdaq: ASFI) today announced that its Board of Directors has authorized a share repurchase program for up to $20,000,000 of the Company's common stock. Gary Stern, CEO of the Company, commented, "Our open market repurchases by the Company over the course of the next year reflects...

J.P. Morgan is out with its report today on The Intercontinental Exchange (NYSE: ICE), raising its PT from $142 to $144. In a note to clients, J.P. Morgan writes, "We were restricted on ICE due to J.P. Morgan's involvement in the Deutsche Börse AG/NYSE Euronext transaction announced on February 9...

JP Morgan has resumed coverage on The Intercontinental Exchange (NYSE: ICE) with an Overweight rating and has raised the price target from $142 to $144.