-
Piper Jaffray Discontinues Coverage on NYSE Euronext (NYX)
Wednesday, September 8, 2010 - 10:03am | 102Piper Jaffray is out with a research report this morning, where it discontinues coverage on NYSE Euronext (NYSE: NYX); it previously had an Underweight rating with a $31.00 price target. The analysts said, “We are discontinuing coverage of NYSE Euronext due to a realignment of analyst resources.”...
-
LPHI Declares Special Cash Dividend of $.25
Friday, September 3, 2010 - 9:30am | 96Life Partners Holdings, Inc. (Nasdaq: LPHI) announced today that its board of directors has authorized a special cash dividend payment of $0.25 cents per share to shareholders of record as of the close of business on October 15, 2010, to be paid on or about October 29, 2010. The decision is based...
-
Late Market Roundup (JWN, ZUMZ, WTSLA, ANF, UAUA, DAL, CAL, TSN, C, BAC, MCO)
Thursday, September 2, 2010 - 1:52pm | 414US retail stocks increased their gains, as companies reported strong sales driven by a rise in promotions. Nordstrom Inc (NYSE: JWN) gained the most after reporting upbeat same-store sales. Shares of Zumiez Inc (NASDAQ: ZUMZ) and Wet Seal Inc (NASDAQ: WTSLA) also moved up after the retailers...
-
Keefe, Bruyette & Woods Initiates Market Perform on Moody’s (MCO)
Thursday, September 2, 2010 - 9:20am | 145Keefe, Bruyette & Woods is out with a research report this morning, where it initiates a Market Perform rating on Moody’s Corporation (NYSE: MCO); it has a $25.00 price target on the stock. The KBW analysts said that they believe that Moody’s will continue to be an important player in U.S. and...
-
Keefe, Bruyette & Woods Reiterates Outperform on CME Group (CME)
Thursday, September 2, 2010 - 9:15am | 140Keefe, Bruyette & Woods is out with a research report this morning, where it reiterates its Outperform rating on CME Group Inc. (NYSE: CME); it has a $345.00 price target on the stock. The KBW analysts said that, after spending some time with company management, namely CEO of CME Group, Craig...
-
Fast Money Picks For September 2nd (FXE, RIG, CME, CZZ, BRCD)
Wednesday, September 1, 2010 - 7:39pm | 227CNBC Fast Money's Steve Cortes said on the show that he likes CurrencyShares Euro Trust (NYSE: FXE), because U.S. dollar will struggle as resources start to recover. CurrencyShares Euro Trust (FXE) gained 1.04% today, and closed at $127.56. Tim Seymour is a buyer of Transocean LTD (NYSE: RIG). He...
-
Company News for September 1, 2010 - Corporate Summary
Wednesday, September 1, 2010 - 1:03pm | 726• Joy Global (NASDAQ: JOYG) reported fiscal third quarter earnings ten cents higher than estimated at $1.13, on a 11.1% revenue decline to $850 million, off projections of $877 million • PerkinElmer (NYSE: PKI) agreed to sell its illumination and detection solutions business to a private equity...
-
NYSE Euronext Acquires Corporate Board Member
Wednesday, September 1, 2010 - 9:22am | 102NYSE Euronext (NYSE: NYX) announced today that it has acquired Corporate Board Member, publisher of Corporate Board Member magazine and a leading provider of interactive education and thought leadership for directors and executive officers of publicly traded companies. The new subsidiary will...
-
Top British Companies That Trade On the New York Stock Exchange
Wednesday, September 1, 2010 - 1:47am | 735Number 11 Wall Street is home to the world’s largest stock exchange. The New York Stock Exchange (NYX) dominates all other foreign markets as it sees an average daily trading volume in excess of $150 billion. There are many countries that have companies that are represented on the Exchange and...
-
TAXI Making Progress, But Growth Outlook Keeps Rating Neutral
Tuesday, August 31, 2010 - 8:51am | 123Medallion Financial Corporation (NASDAQ: TAXI) reported 2Q GAAP EPS of $0.17 (including an $0.04 net benefit from ceasing SPAC operations) and credit quality with its parent company appears to be controlled, Piper Jaffray reports. 40% of the bank's portfolio and 20% of total managed loans are...
-
Zacks #1 Rank Additions for Tuesday - Tale of the Tape
Tuesday, August 31, 2010 - 7:33am | 310Here are 5 stocks added to the Zacks #1 Rank ("strong buy") List today: Bank of Kentucky Financial Corp (BKYF) Magellan Health Services, Inc (MGLN) OmniVision Technologies, Inc (OVTI) Pier 1 Imports, Inc (PIR) Portfolio Recovery Associates, Inc (PRAA) View the entire Zacks #1 Rank List. ...
-
Two Exchanges To Benefit From Reforms
Monday, August 30, 2010 - 3:07pm | 155While the recent financial reform bill is broadly sweeping, a few winners are likely to emerge. One of the more interesting features in the massive bill involves various derivatives. For the first time, most derivatives including foreign exchange and commodities contracts will need to be traded...
-
Jefferies Lowers Price Target On CME, Still Sees 36% Upside (CME)
Friday, August 27, 2010 - 7:59am | 200Jefferies & Co. is out with a research report saying to buy shares of Chicago Mercantile Exchange (NYSE: CME), despite weakness in trading volumes. On a result of lower trading volumes, Jefferies is cutting its price target to $340, but is keeping its Buy rating. The $340 price target is...
-
Company News for August 26, 2010 - Corporate Summary
Thursday, August 26, 2010 - 3:09pm | 825• Apple (NASDAQ: AAPL) shares gained 1.2% on reports that the company is expected to introduce iPods with cameras and/or TV capability • Google (NASDAQ: GOOG) announced that it will add phone calling feature to its Gmail email service, offering competition to Skype • Goldman Sachs (NYSE: GS)...
-
ICE Announces Open Interest Records
Thursday, August 26, 2010 - 11:37am | 96IntercontinentalExchange (NYSE: ICE) announced daily volume and open interest records for ICE Futures Europe's ECX emissions contracts. On 19 August, a record 12,000 ECX Certified Emissions Reductions contracts traded on ICE Futures Europe, including a record 7,060 contracts traded on the screen....