Specialized Finance

CIT Group (NYSE: CIT) today reported net income for the quarter ended March 31, 2011 of $66 million, $0.33 per diluted share, down from $145 million, $0.72 per diluted share a year ago1 on reduced fresh start accounting (“FSA”) benefits.

MarketAxess Holdings (NASDAQ: MKTX) emerging markets bonds and other types of fixed-income securities, today announced results for the first quarter ended March 31, 2011. Total revenues for the first quarter of 2011 increased 25.0% to $43.6 million, compared to $34.9 million for the first quarter...

Moody's Corp (NYSE: MCO) Reports EPS of $0.67 vs. $0.54 Estimate; Revenues $577.1M vs. $521.47M Estimate

Moody's Corporation (NYSE: MCO) today announced results for the first quarter 2011. Moody's reported revenue of $577.1 million for the three months ended March 31, 2011, an increase of 21% from $476.6 million for the first quarter of 2010. Operating income for the quarter was $250.1 million, a...

On April 26, 2011, the Board of Directors of Moody's Corporation (NYSE: MCO) declared a regular quarterly dividend of 14 cents per share of MCO Common Stock. The dividend will be payable June 10, 2011 to stockholders of record at the close of business on May 20, 2011.

1) ARM Holdings PLC (NASDAQ: ARMH)- ARM Holdings plc (ARM) designs microprocessors, physical Internet protocol (IP) and related technology and software, and sells development tools. ARM licenses and sells its technology and products to international electronics companies, which in turn...

Johnson & Johnson (NYSE: JNJ)- Johnson & Johnson and Synthes, Inc., a manufacturer of orthopaedic devices, announced that they have entered into a definitive agreement whereby Johnson & Johnson will acquire Synthes for CHF159 per share, or $21.3 billion. French nuclear reactor maker...

FOX Business Network (FBN) Senior Correspondent Charlie Gasparino reports that “a tender offer is now being discussed” by officials at NASDAQ and the Intercontinental Exchange (ICE) for the New York Stock Exchange (NYSE) and that the offer is likely to happen “after the Thursday board meeting” of...

NASDAQ OMX (NASDAQ: NDAQ) and IntercontinentalExchange (NYSE: ICE) today issued the following open letter to NYSE Euronext stockholders. NASDAQ OMX and ICE also filed an investor presentation that highlights the strategically and financially superior nature of the NASDAQ OMX/ICE proposal when...

Bloomberg reports that NASDAQ OMX Group (NASDAQ: NDAQ) could make an offer for NYSE Euronext (NYSE: NYX) after Thursday's shareholder meeting says Gasparino.

NASDAQ (NASDAQ: NDAQ) tells NYSE Euronext (NYSE: NYX) companies that it would cut listing fees. Nasdaq says that the maximum fee cap would be cut to $450,000 from $500,000.

On CNBC's Mad Money, Jim Cramer said during the Lightning Round that Buffalo Wild Wings (NASDAQ: BWLD) is “terrific. That stock is in bull mode. I'm a buyer, that management is fabulous." Cramer said that InterDigital Communications (NASDAQ: IDCC) shares “went up huge when I recommended it and I...

NYSE Euronext (NYX) will announce earnings for the first quarter of 2011 before the market opens on Thursday, April 28, 2011. A news release will be issued at approximately 2:30 a.m. (New York) / 8:30 a.m. and NYSE Euronext senior management will review the results during the 2011 Annual Meeting...

Nasdaq OMX Group Inc (NASDAQ: NDAQ) and IntercontinentalExchange (NYSE: ICE) have their doubts about potential savings from a merger between Deutsche Borse and NYSE Euronext (NYSE: NYX). This sounds like a soap opera. No wonder why ABC canceled "Days of our Lives." Nintendo (NASDAQ: NTDOY) said...

Shares of Interactive Brokers Group, Inc. (NASDAQ: IBKR) are higher on the session by 1.40%, trading at $16.71. Overall call volume is now running at 12.13x the daily average, with 46% of all calls traded being purchases on the offer. 2,608 contracts have traded on the session so far....