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Markets on the Move after US Employment Data
Friday, April 1, 2011 - 1:46pm | 971Cusick's Corner Jobs, that is what the market was greeted with this morning, Payrolls up over the 200k mark and Unemployment still dropping, 8.8%. The market tore up on the open and has held into the Midday. The question is how you play the rising risk of inflation and growth. One might look at...
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Former NYSE Chairman Dick Grasso Tells Fox Business There Will Be A Bidding War For The Exchange
Friday, April 1, 2011 - 1:25pm | 578Former New York Stock Exchange (NYSE) Chairman Dick Grasso spoke with Fox Business Network's (FBN) Senior Correspondent Charlie Gasparino about news out today of a joint bid by NASDAQ and the Intercontinental Exchange (ICE) for the NYSE. Grasso said that the “war is far from over” for who will win...
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Interactive Brokers Group March Daily Average Revenue Trades up 26%
Friday, April 1, 2011 - 12:01pm | 91Interactive Brokers Group, Inc. (NASDAQ: IBKR) today reported its Electronic Brokerage monthly performance metrics for March. 426 thousand Daily Average Revenue Trades (DARTs), 26% higher than prior year and flat to prior month. Ending customer equity of $24.8 billion, 49% higher than prior...
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CBOE Holdings Down 3% (CBOE)
Friday, April 1, 2011 - 11:02am | 95CBOE Holdings, Inc (NASDAQ: CBOE) shares are falling more than 3% today, down 97 cents to $28.00, a loss of 3.35%. This comes after the Nasdaq OMX (NASDAQ: NDAQ) and the Intercontinental Exchange (ICE) joint bid for the NYSE Euronext (NYSE: NYX), leading some to speculate that the CBOE will not be...
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Options Brief: The NASDAQ OMX Group (NDAQ)
Friday, April 1, 2011 - 9:38am | 102Shares of The NASDAQ OMX Group (NASDAQ: NDAQ) are higher on the session by 1.68%, trading at $26.27. Overall call volume is now running at 2.69x the daily average, with 56% of all calls traded being purchases on the offer. 2,169 contracts have traded on the session so far. The NASDAQ OMX Group,...
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NYSE Euronext to Review Unsolicited Proposal from Nasdaq OMX Group, Inc. and IntercontinentalExchange, Inc
Friday, April 1, 2011 - 8:19am | 113NYSE Euronext (NYSE: NYX) confirmed today that it has received an unsolicited proposal from Nasdaq OMX Group, Inc. (Nasdaq: NDAQ) and IntercontinentalExchange Inc. (NYSE: ICE) to acquire all outstanding shares of NYSE Euronext for a combination of $14.24 in cash, 0.4069 shares of Nasdaq stock and 0...
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NASDAQ and IntercontinentalExchange Raise the Stakes in Battle for NYSE (NDAQ, ICE, NYX, BAC, WFC)
Friday, April 1, 2011 - 7:27am | 334The NASDAQ OMX Group, Inc. (Nasdaq: NDAQ) and IntercontinentalExchange, Inc. (NYSE: ICE) have made a bid to take over NYSE Euronext (NYSE: NYX) for a price well above the nearly $10 billion bid that was earlier offered by Germany's Deutsche Boerse, which owns the Frankfurt stock exchange. NASDAQ...
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KBW Raises MKTX PT To $25
Friday, April 1, 2011 - 7:18am | 95KBW has issued a report raising the Price Target On MarketAxess (NASDAQ: MKTX) to $25.00. According to the report, "We spent time with MKTX management revisiting our thesis and examining the potential for earnings growth beyond expectations. The industry is off to a solid start in 2011 with over $...
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NYSE Euronext Trading 8% Below NASDAQ/ICE Offer (NYX)
Friday, April 1, 2011 - 6:43am | 45NYSE Euronext (NYSE: NYX) is currently trading at $39, or 8% below the $42.50/share offer from NASDAQ and ICE, representing a double-digit annualized return. Nevertheless, the arbitrage play has regulatory risk due to antitrust laws in the U.S.
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Reminder: NASDAQ To Resume For Trading At 7:30am (NDAQ)
Friday, April 1, 2011 - 6:28am | 18Reminder: NASDAQ to resume for trading at 7:30am (NASDAQ: NDAQ).
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A Peek Into The Market Before The Trading Starts
Friday, April 1, 2011 - 6:27am | 401Pre-open movers US stock futures are higher this morning, as investors are awaiting payrolls data. Futures on the Dow Jones Industrial Average surged 49 points to 12,301.00 and futures on the S&P 500 stock index gained 5 points to 1,326.00. Nasdaq 100 futures added 11.75 points to 2,348.00. A...
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Details On The ICE, NASDAQ Bid For NYSE (NYX)
Friday, April 1, 2011 - 6:18am | 46With financing partially from cash on hand, ICE and NASDAQ are attempting to buy out the New York Stock Exchange (NYSE: NYX) at an offer of $42.50 per share. The offer requires clearance from the majority of NASDAQ holders.
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IntercontinentalExchange And Nasdaq Make Bid For NYSE Euronext (ICE, NDAQ, NYX)
Friday, April 1, 2011 - 6:03am | 31IntercontinentalExchange (NYSE: ICE) And Nasdaq (NASDAQ: NDAQ Will Make Bid For NYSE Euronext (NYSE: NYX).
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Nasdaq Stock Halted For Trading (NDAQ)
Friday, April 1, 2011 - 6:01am | 15Nasdaq Stock Halted For Trading (NASDAQ: NDAQ)
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Fast Money Picks For April 1st (CME, JPM, DBA, GM)
Thursday, March 31, 2011 - 7:16pm | 164On CNBC's Fast Money, Joe Terranova suggested that investors should buy put options in CME Group Inc. (NASDAQ: CME) tomorrow. CME Group Inc. (CME) fell 0.56% today, and closed at $301.55. Karen Finerman likes JPMorgan Chase & Co. (NYSE: JPM), and wants to buy it on Friday. JPMorgan Chase...