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CME Clearing Europe Receives Recognised Clearing House Status
Thursday, December 16, 2010 - 10:30am | 79CME Clearing Europe, a wholly-owned subsidiary of CME Group (Nasdaq: CME) today announced that it is approved as a Recognised Clearing House (RCH) by the Financial Services Authority (FSA) of the United Kingdom. Barclays Bank PLC and J.P. Morgan will act as the first settlement banks for CME...
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Moody's Corporation Declares Dividend of 11.5 Cents
Wednesday, December 15, 2010 - 5:59pm | 49On December 14, 2010, the Board of Directors of Moody's Corporation (NYSE: MCO) declared a regular quarterly dividend of 11.5 cents per share of MCO Common Stock. The dividend will be payable March 10, 2011 to stockholders of record at the close of business on February 20, 2011.
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CME Raises $1B Credit for Back-Up - Analyst Blog
Tuesday, December 14, 2010 - 7:03pm | 643Yesterday, CME Group Inc. (CME) reported through a regulatory filing that it has entered into a credit revolving facility worth $1.0 billion in order to support its clearing house operations, which is on an expansion mode. The loan carries an interest rate of 1.25% above the federal rate for...
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CME Raises $1B Credit for Back-Up - Analyst Blog
Tuesday, December 14, 2010 - 6:17pm | 643Yesterday, CME Group Inc. (CME) reported through a regulatory filing that it has entered into a credit revolving facility worth $1.0 billion in order to support its clearing house operations, which is on an expansion mode. The loan carries an interest rate of 1.25% above the federal rate for...
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Benzinga's Political Roundup (HUM, UNH, MCO)
Tuesday, December 14, 2010 - 1:07pm | 147The U.S. has expanded their probe into the Allen Stanford case. The U.S. tax deal has cleared its first hurdle in Congress, despite the potential for a ratings downgrade from Moody's (NYSE: MCO). The World Trade Organization sided with the U.S. over China in a tire dispute. Yesterday, a Virginia...
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KBW's 2011 Student Lenders Outlook
Tuesday, December 14, 2010 - 10:29am | 181KBW released its 2011 Specialty Finance Student Lenders Outlook with price target risks listed for the following companies: Asset Acceptance Capital Corporation (NASDAQ: AACC) Target Price: $6.00 Risk Factors: Risks to our price target include substantially greater-than-estimated impairment charges...
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Zacks #1 Rank Additions for Tuesday - Tale of the Tape
Tuesday, December 14, 2010 - 9:33am | 343Here are 5 stocks added to the Zacks #1 Rank ("strong buy") List today: Blount Intl Inc (BLT) Buckeye Tech Inc (BKI) eBay Inc (EBAY) Encore Cap Group Inc (ECPG) Empresa Nacional de Electricidad (EOC) View the entire Zacks #1 Rank List. BUCKEYE TECH (BKI): Free Stock Analysis Report BLOUNT INTL (...
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Zacks #1 Rank Additions for Tuesday - Tale of the Tape
Tuesday, December 14, 2010 - 9:14am | 343Here are 5 stocks added to the Zacks #1 Rank ("strong buy") List today: Blount Intl Inc (BLT) Buckeye Tech Inc (BKI) eBay Inc (EBAY) Encore Cap Group Inc (ECPG) Empresa Nacional de Electricidad (EOC) View the entire Zacks #1 Rank List. BUCKEYE TECH (BKI): Free Stock Analysis Report BLOUNT INTL (...
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Earnings Scheduled For December 14 (IPSU, BBY, HOV, PTRY, ASFI, SAFM, RICK)
Tuesday, December 14, 2010 - 6:34am | 189Imperial Sugar Company (NASDAQ: IPSU) is expected to post a FQ4 loss of $0.24 per share on revenue of $272.96 million. Best Buy (NYSE: BBY) is likely to report its Q3 EPS at $0.61 on revenue of $12.47 billion. Hovnanian (NYSE: HOV) to post a Q4 loss of $0.66 per share on revenue of $288.05 million...
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Stocks To Watch For December 14 (BBY, ASFI, PFE, HOV, RICK)
Tuesday, December 14, 2010 - 6:18am | 181Some of the stocks that may grab the investor focus today are: Wall Street expects Best Buy (NYSE: BBY) to report its Q3 EPS at $0.61. BBY shares gained 0.96% to $42.10 in after-hours trading. Analysts are expecting Asta Funding Inc (NASDAQ: ASFI) to have earned $0.15 per share in the fourth...
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Wells Fargo Drops Coverage Of NRF And NEWS
Monday, December 13, 2010 - 1:23pm | 97Wells Fargo is dropping its equity research coverage of NewStar Financial, Inc. (NASDAQ: NEWS) and Northstar Realty Finance Corp. (NYSE: NRF) due to a change in coverage focus. “Our final rating on the shares of NEWS is Market Perform,” Wells Fargo writes. “Our final rating on the shares of NRF is...
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Puts Purchased on Intercontinental Exchange (ICE)
Monday, December 13, 2010 - 11:17am | 135Shares of Intercontinental Exchange (NYSE: ICE) are higher on the session by 1.23%, currently trading at $119.00. The stock has been moving largely higher over the past four months and is currently trading above the 50-day and 200-day moving averages. Options traders are buying puts on the name...
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J.P. Morgan Bullish on IntercontinentalExchange
Monday, December 13, 2010 - 9:34am | 116J.P. Morgan released its report today on IntercontinentalExchange (NYSE: ICE) in which it takes a bullish stance on ICE after an acceleration in European open interest growth. In a note to clients, J.P. Morgan writes, "We came away bullish on the UK outlook and see volumes as currently being...
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CME Acquires Elysian System - Analyst Blog
Friday, December 10, 2010 - 4:30pm | 492Expanding its clearing services operation, yesterday CME Group Inc. (CME) announced the acquisition of London-based Elysian Systems Ltd. for an undisclosed price. The full integration with CME's clearing services is expected in 2011. However, other terms are yet to be revealed. Elysian Systems...
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CME Acquires Elysian System - Analyst Blog
Friday, December 10, 2010 - 4:03pm | 492Expanding its clearing services operation, yesterday CME Group Inc. (CME) announced the acquisition of London-based Elysian Systems Ltd. for an undisclosed price. The full integration with CME's clearing services is expected in 2011. However, other terms are yet to be revealed. Elysian Systems...