Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen in Wall St. research calls this Friday. Alkermes PLC (NASDAQ: ALKS) raised to Outperform as Bull of the Day…
CME Group Inc. (NASDAQ: CME) is leading yet another consolidation of the global stock and commodity exchanges. Today came word that it was acquiring the 156-year old Kansas City Board of Trade.…
The board of Xstrata approves a merger with Glencore. (Reuters) A U.S. appeals court says a lower court should reexamine a ban of the Samsung Galaxy Tab 10.1, which was part of a patent win…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen from Wall St. research calls this Friday. Advance Auto Parts Inc. (NYSE: AAP) named Bear of the Day at Zacks.…
Workers in the aerospace industry are concerned about potential military cuts at the end of this year. (Reuters) Best Buy Co. Inc. (NYSE: BBY) says that founder Richard Schulze turned down an…
The three major US stock indexes opened higher this morning following European Central Bank president Mario Draghi’s promise to “do whatever it takes to preserve the euro” (our coverage here). What he…
The three major US stock indexes opened mixed this morning with the Nasdaq Composite slightly negative on an unexpectedly weak earnings report from Apple Inc. (NASDAQ: AAPL) (more coverage here). A weak…
Nasdaq OMX Group Inc. (NASDAQ: NDAQ) has just reported a gain in its quarterly earnings due to its growth of the market data operations. Earnings were $0.53 per share, but this was…
The world’s largest base metals market is moving to the Far East. The 135-year-old London Metals Exchange (LME) has agreed to be acquired by Hong Kong Exchange & Clearing (HKEx) for $2.2…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen in Wall Street research calls this Monday. Amazon.com, Inc. (NASDAQ: AMZN) removed from Conviction Buy List at Evercore. Bank…
After markets closed last night, CME Group Inc. (NASDAQ: CME) announced a 5-for-1 stock split which will be accomplished as a 400% stock dividend. The dividend will be paid on July 20th…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen in Wall Street research calls this Thursday. Abercrombie & Fitch (NYSE: ANF) Cut to Market Perform at Wells Fargo.…
At a conference in Singapore, the CEO of the London Metals Exchange (LME), the world hub for metals trading, said that LME is working on a 2-year project to create its own…
The NASDAQ OMX Group, Inc. (NASDAQ: NDAQ) is finally going to start paying out a cash dividend to its shareholders. The company announced its plans to initiate a quarterly cash dividend at…
CME Group Inc. (NYSE: CME) is reportedly ready to go after the London Metal Exchange. Bloomberg has reported that multiple bidders have become interested because the exchange controls somewhere around 80% of the…
