These are some of the negative calls and downgrades we have seen this Wednesday morning: Big 5 Sporting Goods (BGFV) cut to sell at UBS. CME Group (CME) cut to market perform…
NYSE Euronext (NYSE Euronext: NYX) has signed a strategic partnership with the State of Qatar in a bid that may transform the Doha Securities Market. The visibility is aimed to make Doha’s…
These aren’t going to be the only impact analyst calls this Tuesday morning, but these are ten of the calls we are focusing on very early this morning: BMC Software (NYSE: BMC)…
In the 1990’s, carbon certificate trading was mostly unheard of. This has also been largely untapped by American companies and by the American public. Until Now. The New York Mercantile Exchange, Inc.,…
The largest losers among the big companies in the S&P 500 for the first quarter were: Microsoft (MSFT) down 21.6%, Google (GOOG) down 36.7%, Apple (AAPL) down 27.8%, Intel (INTC) down 22%,…
It’s official. The CME Group Inc. (NYSE, Nasdaq: CME) is acquiring NYMEX Holdings, Inc. (NYSE: NMX). The commodities and futures exchanges announced a definitive agreement where CME will acquire NYMEX on the…
Douglas A. McIntyre NYSE Euronext (NYSE: NYX) and CME Group, Inc. (NYSE: CME) announced late today that NYSE would purchase CME Group’s Metals Complex. NYSE noted that trading of full and e-mini contracts in gold…
Douglas A. McIntyre We’ve seen the consolidation happening on the global exchanges. They are becoming larger and larger powerhouses, and some are coming under more and more scrutiny. This morning’s New York Post ran a…
Goldman Sachs has lowered estimates on many financial services players this morning: AllianceBernstein (AB) (buy); AMBAC Financial (ABK) (neutral); Blackrock (BLK) (buy); Calamos Asset Mgmt. (CLMS) (neutral); CME Group (CME) (buy); Franklin…
In a coverage swap this morning, Goldman Sachs has made a change to its closely followed CONVICTION BUY LIST. Goldman is adding InterContinental Exchange, Inc. (NYSE:ICE) and removing the Chicago Mercantile Exchange…
(ACA) ACA Capital said subprime mortgage exposure does not threaten stability of its unit ratings.(AHM) American Home Mortgage is closing most operations and laying off most of its 7,400 workers Fridaydown to…
On tonight’s Mad Money on CNBC, Jim Cramer talked up his DJIA target and DJIA components (there is another batch here as well) but he also said he’s backing the Chicago Mercantile…
Douglas A. McIntyre Stock Tickers: AXP, AMZN, BIIB, BNI, CME, DD, HAL, LMT, MRK, PEP, T These may not be the ONLY important earnings, but we wanted to hit most of the major earnings. It…
(AA) Alcoa $0.81 EPS vs $0.81e; will likely have to sweeten Alcan bid before getting any approval from Alcan.(BOT) CBOT holders approve the CME merger offer.(CACS) Carrier Access lowered guidance.(CAKE) Cheesecake Factory…
According to Reuters, the CME (CME) purchase of the CBOT (CBOT) was approved by shareholders. Reuters writes that BHP Billiton (BHP) is looking for a partner to make a bid for Alcoa…
