Specialized Finance

CIT Group Inc.  (NYSE: CIT) today announced from the 49th International Paris Air Show that CIT Aerospace has selected Pratt & Whitney PurePower PW1100G engines for its order of the Airbus A320neo family aircraft. The deal includes 60 PW1100G engines and options for up to 40 additional engines...

Here are today's Put/Call Ratio leaders… 1. SunPower Corporation (NASDAQ: SPWRB) 3,037 puts, 20 calls 2. L1 Identity Solutions (NYSE: ID) 3,096 puts, 40 calls 3. KKR Financial Holdings LLC (NYSE: KFN) 3,603 puts, 54 calls 4. Teradyne Inc. (NYSE: TER) 5,020 puts, 274 calls 5. AGCO Corp. (NASDAQ:...

Shares of KKR Financial Holdings LLC (NYSE: KFN) are higher on the session by 0.52%, trading at $9.72. Overall put volume is now running at 6.61x the daily average, with 0% of all puts traded being purchases on the offer. 3,600 contracts have traded on the session so far. KKR Financial Holdings...

Jefferies is out with its report today on Intercontinental Exchange (NYSE: ICE), upgrading ICE from Hold to Buy. In a note to clients, Jefferies writes, "The combination of a compelling valuation and good fundamentals has created an attractive entry point for ICE shares in our view. ICE's trend of...

Jefferies is maintaining its Buy rating and its $350 price target on CME Group (NASDAQ: CME) as the company pushes towards the end of the quarter. According to Jefferies, “Core trends across CME's product set remain favorable. Heightened volatility as of late in energy and interest rates is likely...

Jefferies & Company has upgraded Intercontinental Exchange (NYSE: ICE) from Hold to Buy and has raised the price target from $130 to $145.

Stocks were mixed in late trading Friday and were on pace to end little changed on the week. Hurt by losses in chipmakers, Internet stocks and telecom product makers, the Nasdaq fell 0.1%. It had been up 0.9% earlier. The NYSE composite and S&P 500 gained 0.6% and 0.4%, respectively. Turnover...

The NASDAQ Stock Market (Nasdaq: NDAQ) announced that trading was halted today in Yuhe International, Inc. (Nasdaq: YUII) at 09:38:15 p.m., Eastern Time, for "additional information requested" from the company at a last price of $1.2099. Trading will remain halted until Yuhe International, Inc....

Shares of NYSE Euronext (NYSE: NYX) are higher on the session by 1.12%, trading at $33.35. Overall call volume is now running at 3.62x the daily average, with 2% of all calls traded being purchases on the offer. 14,327 contracts have traded on the session so far. NYSE Euronext is a global...

Deutsche Bank explained a number of updates in a research report published today. Deutsche Bank initiated its coverage of KKR Financial (NYSE: KFN) with a Buy rating and a price target of $12.50. In the report, Deutsche Bank states, "KKR Financial continues to give attractive returns, as it...

Deutsche Bank is initiating coverage on KKR Financial Holdings (NYSE: KFN) with a Buy rating and a price target set at $12.50. Says Deutsche Bank, in its report, “We expect KKR Financial to continue posting attractive returns, as it makes new investments across its targeted assets and grows its...

Deutsche Bank has initiated coverage on the following companies: KKR Financial (NYSE: KFN) Buy, $12.50 PT Willis Group (NYSE: WSH) Hold, $44 PT

According to Sterne Agee, CIT Group (NYSE: CIT) Buy rating is reiterated. Sterne Agee said that it is altering the format of our earnings estimates to reflect expected cost related to reduction in the company 7.00% notes (As & Cs). “We have always factored this into our book value estimates,...

Shares of KKR Financial Holdings (NYSE: KFN) are higher on the session by 0.61%, trading at $9.86. Overall put volume is now running at 2.78x the daily average, with 0% of all puts traded being purchases on the offer. 1,029 contracts have traded on the session so far. KKR Financial Holdings LLC...

CME Group (NYSE: CME) today announced that it has hired Jones Lang LaSalle and Holly Duran Real Estate Partners LLC to market the historic Chicago Board of Trade Building, located in the city's Financial District, for sale. The landmark property, called "one of Chicago's great skyscrapers" by the...