Specialized Finance

NASDAQ Resumes Trading (NASDAQ: NDAQ)

Bloomberg reports that the U.S. Commodity Futures Trading Commission today filed and simultaneously settled charges against Thorbjorn Haveman of Elmhurst, Ill., for executing hundreds of fictitious, noncompetitive and unauthorized trades over an 18- month period and fraudulently misappropriating...

PREVIEW: NASDAQ to Resume Trading at 2:30 p.m. EST (NASDAQ: NDAQ)

NASDAQ OMX (NASDAQ: NDAQ) and IntercontinentalExchange (NYSE: ICE) today announced that each of their respective Boards of Directors have approved their intent to commence an exchange offer to acquire all of the outstanding shares of NYSE Euronext (NYSE: NYX) common stock in a cash and stock...

NYSE Euronext Jumped Off NDAQ Halt (NYSE: NYX)(NASDAQ: NDAQ)

Trading Halted: Nasdaq (NASDAQ: NDAQ), News Pending

Interactive Brokers Group, Inc. (NASDAQ: IBKR) today reported its Electronic Brokerage monthly performance metrics for April. 404 thousand Daily Average Revenue Trades (DARTs), 6% higher than prior year and 5% lower than prior month. Ending customer equity of $26.1 billion, 54% higher than...

Sirius XM Radio Inc (NASDAQ: SIRI) shares rose 1.76% to create a new 52-week high of $2.02. SIRI's trailing-twelve-month ROE is 28.40%. Millicom International Cellular SA (NASDAQ: MICC) shares gained 1.29% to create a new 52-week high of $109.74. MICC's trailing-twelve-month ROE is 60.09%....

It's May, and summer is almost here. Time to think about throwing a packed bag in the car, putting the top down and heading out on the open road, right? But wait: with oil well over $100 a barrel and the price of gasoline creeping toward $5 a gallon in some places, the traditional summertime road...

Keefe,Bruyette,Woods Keep Rating of Market Perform on Shares of CME Group (CME) after a strong report yesterday. Analysts reported ,"CME reported 1Q11 EPS of $4.36, $0.12 above our higher than consensus estimate primarily on non-operating items. The board is now evaluating options to return excess...

Keefe, Bruyette, Woods reports on shares of NYSE Euronext (NYX). Analysts report, "We expect expenses to continue to decline from 1Q11 levels, but volume is also tracking down in 2Q11and ~50% of NYX's revenue is still tied to transaction-related businesses. We decrease ests and maintain our PT of...

Goldman Sachs is raising its PT on shares of CME Group Inc. (NASDAQ: CME) from $340 to $345. CME Group closed Thursday at $304.05.

According to Jefferies, CME Group (NASDAQ: CME) reported 1Q11 EPS of $4.36, above $4.09 estimate and consensus of $4.20. Jefferies said that a combination of better than expected revenues and stringent expense control drove the upside. “Operating margins were 140 bps better than our estimate. The...

According to the Reuters report, the European Union is probing major banks all around the world over credit default swaps, and has opened two antitrust investigations on the matter. The European Commission said today it would investigate whether 16 investment banks and CDS market information...

Jefferies & Co. has a Hold rating and a $39 price target on shares of NYSE Euronext (NYSE: NYX) after it reported earnings. In a note to clients, Jefferies writes, "NYX reported 1Q non-GAAP EPS of $0.68, $0.05 above our estimate and $0.08 above consensus. The beat was driven by a combination...