Specialized Finance

Genoptix Inc (NASDAQ: GXDX) shares moved up 25.76% to $24.85 at 10:46 am. The volume of GXDX shares traded was 12456% higher than normal. Novartis AG (NYSE: NVS) announced its plans to buy GXDX for $470 million, or $25 per share, representing a 39% premium over GXDX's share value on December 13,...

Wells Fargo is upgrading shares of NYSE Euronext (NYSE: NYX) to Outperform from Market Perform and are raising its valuation range to $40- 42 from $30-32. “We are also increasing our 2012 EPS estimate to $2.95 from $2.87. Our revised valuation range is based on a 14x multiple on our new 2012 EPS...

MicroFinancial Incorporated (Nasdaq: MFI) announced today that the Board of Directors of MicroFinancial Incorporated declared a cash dividend of $0.05 per common share payable on February 15, 2011, to holders of record of MFI common stock at the close of business on February 1, 2011. This dividend...

Life Partners Holdings, Inc. (Nasdaq: LPHI), parent company of Life Partners, Inc., announced that its quarterly dividend of $0.20 per share would be paid on or about March 15, 2011 for shareholders of record as of February 4, 2011. The announcement follows the schedule for dividend payments...

Interactive Brokers Group, Inc. (NASDAQ: IBKR) today reported a diluted loss per share of $(0.22) for the year ended December 31, 2010, compared to diluted earnings per share of $0.87 in 2009. Reported results include the effects of a special dividend to shareholders paid in December 2010. Reported...

Life Partners Holdings, Inc. (NASDAQ: LPHI) confirmed today that the SEC is conducting an investigation into the business of its operating subsidiary, Life Partners, Inc. The Company's confirmation follows press reports of the previously non-public investigation. The Company said that it is...

In the latest of its debt restructuring initiatives, yesterday CME Group Inc. (CME) announced a loan prepayment of $420.5 million under the three-year credit and term loan agreement that was due August 2011. This revolving facility has further been replaced with a $1 billion multi-currency three-...

In the latest of its debt restructuring initiatives, yesterday CME Group Inc. (CME) announced a loan prepayment of $420.5 million under the three-year credit and term loan agreement that was due August 2011. This revolving facility has further been replaced with a $1 billion multi-currency three-...

We have reiterated our Neutral recommendation on NASDAQ OMX Group Inc. (NDAQ) based on the current market volatility. NASDAQ's third quarter earnings of 50 cents per share beat the Zacks Consensus Estimate although it declined year over year due to modest top line growth coupled with moderate...

We have reiterated our Neutral recommendation on NASDAQ OMX Group Inc. (NDAQ) based on the current market volatility. NASDAQ's third quarter earnings of 50 cents per share beat the Zacks Consensus Estimate although it declined year over year due to modest top line growth coupled with moderate...

CBOE Holdings (NASDAQ: CBOE) PT - $23 Risks to the price target include the following: market conditions and events may not ultimately reflect our assumptions and/or projections. Volatility in the markets carries the potential for shifts in confidence among investors. Investment in securities...

Life Partners Holdings, Inc. (NASDAQ: LPHI) is pleased to announce that the Texas Banking Commissioner has granted a trust company charter for life settlement escrow services to members of the Dunnam & Dunnam, L.L.P. law firm, which currently serves as escrow agent for Life Partners, Inc.