Specialized Finance

SCHUMER TO NASDAQ, ICE (NYSE: ICE): BEFORE MAKING MORE BIDS FOR NYSE,PROVIDE ANSWERS ON POTENTIAL JOB LOSSES FROM DEAL Senator Says Job Impact is ‘Major Consideration' in Judging NASDAQ-ICE Bid To Buy Big Board NYSE (NYSE: NYX) Has Provided Schumer With Estimate That Deal Could Cause Up to 1100 U...

NASDAQ OMX (NASDAQ: NDAQ) and IntercontinentalExchange (NYSE: ICE) today issued a joint statement with regard to their superior proposal for NYSE Euronext (NYSE: NYX): NYSE Euronext investors should be highly skeptical that after two years of exploratory merger discussions, including more than six...

NYSE Euronext (NYSE: NYX) sees potential cost savings in excess of $580 million in a potential merger deal with Deautsche Boerse, the company said Sunday. NYSE Euronext is eyeing savings in a $9.8 billion deal with Deutsche Boerse at closer to 400 million euros, or about $583 million. Further,...

By Bob van der Valk While living in The Hague, Holland as a young boy I often wondered what was on the other side of that vast expanse of water known as the North Sea. How could I have known about the vast crude oil reserves lying underneath the angry waters of the North Sea and its eventual...

The S&P 500 underperformed the Dow Jones but was pretty much equal with the NASDAQ composite. The Dow Jones Industrial Index ended the trading week at 12506, which represents 1.33% from previous week, the NASDAQ on the other hand closed the week at 2820.16 representing 2.01% from its previous...

South Korea's, Samsung filed patent lawsuits against Apple (AAPL) over smartphone technology- The Asian giant,South Korea's, Samsung is at war with the US Apple Inc. (AAPL) about iPhone and iPad patents. Samsung is accusing Apple of violating its rights to 10 smartphone and computer patents....

Shares of Tesla Motors (NASDAQ: TSLA) may be up 2.6% today, but there may be much larger gains in the shares future, especially considering the large short position in the name. There is a 7.9 day to cover ratio on Tesla, at the average daily volume of 1.4 million shares. If shares can get above...

NASDAQ OMX (NASDAQ: NDAQ) and IntercontinentalExchange (NYSE: ICE) today issued the following statement in response to the NYSE Euronext (NYSE: NYX) Board's continued refusal to discuss NASDAQ OMX/ICE's superior offer with NASDAQ OMX and ICE, despite a premium of 15%, or $1.4 billion, over the...

NYSE Euronext (NYSE: NYX) announced today that its Board of Directors, consistent with its fiduciary duties and advised by its financial and legal advisors, has unanimously reaffirmed its combination agreement with Deutsche Boerse AG and reaffirmed its rejection of the proposal from Nasdaq OMX...

Interactive Brokers Group (NASDAQ: IBKR) Reports Q1 EPS of $0.41 vs. $0.26; Revenues $368M vs. $310.7M

Interactive Brokers (NASDAQ: IBKR) Reports Q1 EPS $0.38 vs. $0.27 Estimate; Revenues $367.9M vs. $318.2M Estimate

Chipotle (NYSE: CMG) is under fire by U.S. federal officials for hiring illegal immigrants, the company announced Wednesday. U.S. Immigration and Customs Enforcement (ICE) and the U.S. Attorney's office for Washington, D.C. are both investigating. Former workers have told Reuters that Chipotle...

MicroFinancial Incorporated (NASDAQ: MFI) a financial intermediary specializing in vendor based leasing and finance programs for microticket transactions, today announced financial results for the first quarter ended March 31, 2011. Quarterly Highlights: * Increased cash received from...

The U.S. Justice Department is inquiring into whether a takeover of the NYSE Euronext (NYSE: NYX) by the Nasdaq (NASDAQ: NDAQ) would affect competition in equity listings. The insider trading case of Raj Rajaratnam is closing today, and the jury will decide Rajaratnam's fate. Rajaratnam has been...

Nasdaq's (NASDAQ: NADQ) CEO: Deal With NYSE Euronext (NYSE: NYX) Should Take Less Than A Year. Intercontinental Exchange (NYSE: ICE) is a partner with Nasdaq in the merger proposal with NYSE Euronext.