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Jefferies Announces Lower Estimates On NYX
Monday, April 11, 2011 - 8:14am | 134Read More...Jefferies has announced that it has lowered EPS estimates on NYSE Euronext (NYSE: NYX), from $0.66 to $0.63, based upon the NYX board's rejection of an offer from NDAQ [NASDAQ OMX Group]/ICE [IntercontinentalExchange Inc] and also last weeks release of March metrics. Said Jefferies, in the report...
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NYSE Euronext Rejects Joint Nasdaq-ICE Bid in Favor of Germany's Deutsche Boerse (NYX, NDAQ, ICE)
Monday, April 11, 2011 - 5:23am | 249Read More...NYSE Euronext's (NYSE: NYX) board of directors have rejected a $11.3 billion bid from Nasdaq (NASDAQ: NDAQ) and IntercontinentalExchange, Inc. (NYSE: ICE) in favor of a $10.2 billion deal with Germany's Deutsche Boerse, it was announced Sunday. Commenting that the Nasdaq & ICE deal was "...
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Raymond James Upgrades NYSE Euronext To Strong Buy
Tuesday, March 29, 2011 - 8:28am | 21Read More...Raymond James has upgraded NYSE Euronext (NYSE: NYX) from Outperform to Strong Buy.
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Niederauer: NYSE/DB Merger Is "Not A Sale" Of NYSE
Tuesday, February 15, 2011 - 11:12am | 261Read More...Duncan Niederauer, the CEO and Director of NYSE Euronext, Inc. (NYSE: NYX), spoke to CNBC today to clear up some of the confusion surrounding the merger between the New York Stock Exchange and Deutsche Börse. “It is not a sale of the NYSE,” Niederauer said. While Deutsche Börse's market cap may be...
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NYSE Euronext And Deutsche Borse Discuss German-U.S. Securities Exchange (NYX)
Tuesday, February 15, 2011 - 10:07am | 76Read More...NYSE Euronext (NYSE: NYX) and Deutsche Borse have been in discussions regarding German-U.S. securities exchange consolidation. There are obviously many regulations that must be overcome, both domestically and abroad, in order for the merger to be approved. The U.S. Department of Justice is...
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Former NYSE Director Ken Langone "Shocked" By How Many People Run The Floor
Wednesday, February 9, 2011 - 3:04pm | 80Read More...Ken 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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Rosenblatt Securities' Schack: NYSE/Deutsche Börse Merger Good For Industry
Wednesday, February 9, 2011 - 2:19pm | 134Read More...Justin Schack, a Market Structure Analysis at Rosenblatt Securities, told CNBC this afternoon that he believes the proposed merger between NYSE Euronext (NYSE: NYX) and Deutsche Börse would be good for the exchange industry. “It's good for the exchange industry,” Schack said. “It's good for the...
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The Year Of Stock Exchange Mergers?
Wednesday, February 9, 2011 - 2:02pm | 535Read More...As Valentine's Day approaches, love is blooming within the world's most prominent stock exchanges. Yesterday it was revealed that the London Stock Exchange and Canada's TMX exchange were set to merge. Earlier today, trading in NYSE Euronext (NYSE: NYX) was halted following merger talks with...
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J.P. Morgan Raises PT on NYSE Euronext to $34 (NYX)
Wednesday, February 9, 2011 - 9:46am | 105Read More...J.P. Morgan is out with its report today on NYSE Euronext (NYSE: NYX), raising its PT from $32.50 to $34. In a note to clients, J.P. Morgan states, "NYX reported 4Q10 EPS of $0.46 beating estimates mainly due to lower than expected comp and SG&A expenses. We lower our 2011 and 2012 estimates...
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Wells Fargo Upgrades NYX To Outperform
Monday, January 24, 2011 - 11:19am | 131Read More...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...
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Deutsche Bank's Exchange Report
Tuesday, November 9, 2010 - 9:06am | 273Read More...Deutsche Bank has published a research report on the Exchanges following decent 3Q volumes, but still maintains a mixed outlook. In the report, Deutsche Bank writes "Volumes across all asset classes saw significant declines in the quarter leading to top line pressure across the exchange sector....
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Keefe Bruyette's Exchanges & Order Execution Summary
Friday, September 17, 2010 - 7:24am | 475Read More...Keefe, Bruyette & Woods analyzes key growth drivers at the exchange and order execution firms for the week ending September 15 and include how volume is tracking vs. expectations. Here are KBW's ratings: CBOE Holdings, Inc (NASDAQ: CBOE) Target Price: $25.00 Risk Factors: Risks to our price...
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William Blair Maintains Market Perform Rating On NYSE Euronext
Monday, August 9, 2010 - 11:41am | 88Read More...William Blair & Company has released its research report on NYSE Euronext (NYSE: NYX), a global operator of financial markets, and has reiterated its ‘market perform’ rating for the company. Recently, Euronext declared its 2Q results with non-GAAP EPS at $0.64, ahead of the Street estimates of...
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Short Interest Declines on NYSE, Flat on NASDAQ
Tuesday, May 11, 2010 - 4:52pm | 120Read More...Short interest on NASDAQ (NASDAQ: NDAQ) listed stocks was basically flat during the second half of April, said the market site in a press release on Tuesday. NASDAQ’s total short interest totaled 7.08 billion shares on April 30th versus 7.08 on April 15th, despite a decline in 2 securities over...
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Charles Schwab (SCHW) Moving To New York Stock Exchange
Monday, February 22, 2010 - 7:15pm | 80Read More...The Charles Schwab Corporation (Nasdaq: SCHW) announced that it would move its stock listing from the Nasdaq OMX Group Inc. (Nasdaq: NDAQ) Nasdaq stock exchange to the NYSE Euronext (NYSE: NYX) New York Stock Exchange. Charles Schwab Corporation will make the transition on March 5 and the financial...

