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Goldman Removing NYSE Euronext From Conviction Buy (NYX)
Thursday, February 10, 2011 - 7:48am | 162Goldman Sachs is removing NYSE Euronext (NYSE: NYX) from its Conviction Buy List. It has a Neutral rating and a $42 price target on shares. In a note to investors, Goldman writes, "NYSE Euronext and Deutsche Boerse AG confirmed they are in advanced merger discussions for an all-stock transaction,...
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Top Stock Exchange Stocks
Wednesday, February 9, 2011 - 11:11pm | 397The London Stock Exchange and the Toronto Stock Exchange, which is owned by the TMX Group holding company, announced that they are merging, which will create one of the largest stock exchanges in the world, trading more than 6,700 companies. Will this be the beginning of more merger activity in...
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Buyers Dissipating 02-09-2011
Wednesday, February 9, 2011 - 7:07pm | 956Cusick's Corner The close was impressive, fighting back to almost breakeven but the volume continued to be light and this has raised a flag. Prices have been moving bullish over the last 10 sessions. However, the driving force (buyers) behind this move has been dissipating over the last 4...
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Market Frothy Like a Cappuccino 02-09-2011
Wednesday, February 9, 2011 - 2:46pm | 1043Cusick's Corner As I noted yesterday this market is a little frothy with S&P March futures at 1320, a pullback could be warranted. Many traders are monitoring if critical, short-term support 1317 holds on the March S&P futures into the After Hours, which would be a good sign for the bulls...
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Options Brief: The NASDAQ OMX Group (NDAQ)
Wednesday, February 9, 2011 - 2:41pm | 77Shares of The NASDAQ OMX Group (NASDAQ: NDAQ) are higher on the session by 7.31%, trading at $27.73. Overall put volume is now running at 16.35x the daily average, with 58% of all puts traded being purchases on the offer. 13,913 contracts have traded on the session so far. The NASDAQ OMX Group,...
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Options Brief: KKR Financial Holdings (KFN)
Wednesday, February 9, 2011 - 2:34pm | 114Shares of KKR Financial Holdings (NYSE: KFN) are higher on the session by 2.24%, trading at $10.48. Overall put volume is now running at 17.25x the daily average, with 55% of all puts traded being purchases on the offer. 11,715 contracts have traded on the session so far. KKR Financial Holdings...
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Calls Purchased on Intercontinental Exchange (ICE)
Wednesday, February 9, 2011 - 2:08pm | 147Shares of Intercontinental Exchange (NYSE: ICE) are higher on the session by 3.87%, currently trading at $122.79. The stock has been moving largely higher over the past six months and is currently trading above the 50-day and 200-day moving averages. Options traders are buying calls on the name...
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Former NYSE Director Ken Langone "Shocked" By How Many People Run The Floor
Wednesday, February 9, 2011 - 2:04pm | 80Ken Langone, former director of the NYSE (NYSE: NYX), told CNBC that he believed the only reason for NYSE Euronext and Deutsche Börse to merge is because the exchanges are losing market share and they are looking to cut costs. Langone also said he was “shocked at how many people run the floor.”...
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Wednesday's Put/Call Ratio Leaders (CX, GIL, CIT, SLE, TGT)
Wednesday, February 9, 2011 - 12:10pm | 91Here is a quick peek at stocks that have abnormally high daily put/call ratios today relative to their average…. 1. Cemex SaB (NYSE: CX) 4,684 puts, 110 calls 2. Gildan Activewear (NYSE: GIL) 3,761 puts, 133 calls 3. CIT Group (NYSE: CIT) 3,333 puts, 315 calls 4. Sara Lee Corp. (NYSE: SLE) 19,841...
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Trading Re-opens: NYSE Euronext (NYX)
Wednesday, February 9, 2011 - 12:02pm | 30Trading Re-opens: NYSE Euronext (NYSE: NYX) was halted after the price hit the circuit breaker following the resumption altering the initial halt.
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Trading Resumes: NYSE Euronext (NYX)
Wednesday, February 9, 2011 - 11:51am | 14Trading Resumes: NYSE Euronext (NYSE: NYX)
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Deutsche Börse AG and NYSE Euronext Inc. Confirm Advanced Merger Discussions; Deutsche Börse Shareholders Would Hold Majority of Equity
Wednesday, February 9, 2011 - 11:48am | 423In light of recent market rumors, Deutsche Börse AG and NYSE Euronext (NYSE: NYX) today confirmed that they are engaged in advanced discussions regarding a potential business combination. They cautioned that no agreement has been reached. They also noted that there cannot be any assurance that an...
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NYSE Euronext, Deutsche Börse Confirm Advanced Merger Talks - Bloomberg
Wednesday, February 9, 2011 - 11:34am | 22NYSE Euronext (NYSE: NYX) and Deutsche Börse confirm advanced merger talks, Bloomberg reports.
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Top Narrow Based Indexes For February 9 (ATML, WWWW, NYX)
Wednesday, February 9, 2011 - 10:32am | 191By 10:30 am, the Dow Jones Industrial Average was down 1.78 points, or 0.01%, to 12,231.37, while the broader Standard & Poor's 500 index had lost 2.32 points, or 0.18%. The NASDAQ composite index fell 2.46 points, or 0.09%. Some of the narrow based indexes that are still afloat in the markets...
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Options Brief: CIT Group Inc. (CIT)
Wednesday, February 9, 2011 - 10:31am | 85Shares of CIT Group Inc. (NYSE: CIT) are lower on the session by 0.44%, trading at $48.03. Overall put volume is now running at 6.28x the daily average, with 61% of all puts traded being purchases on the offer. 3,125 contracts have traded on the session so far. CIT Group Inc. is a bank holding...