ThinkstockThe IntercontinentalExchange Inc. (NYSE: ICE) is about to get a serious makeover. With its $9.4 billion market value, the futures exchange is acquiring the NYSE Euronext Inc. (NYSE: NYX). This is no…
Frank Golhen, via Wikimedia CommonsIntercontinentalExchange Inc. (NYSE: ICE) announced this morning that it has reached a definitive agreement to acquire NYSE Euronext Inc. (NYSE: NYX) in a stock and cash transaction valued…
U.S. equity markets opened lower this morning, probably as a reaction to the news that Italy’s prime minister has said that he will resign after a new budget is agreed to (more…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen in Wall St. research calls this Monday. Abercrombie & Fitch Co. (NYSE: ANF) raised to Outperform at Baird. Advance…
It was widely expected on Sunday that Hurricane Sandy was going to create closures of the major financial exchanges on Monday October 29. What was not know was the status for Tuesday,…
24/7 Wall St. has been monitoring news stations and exchange news ahead of the landfall for Hurricane Sandy on the eastern seaboard. As we have multiple locations, we will still be publishing…
The three major U.S. stock indexes opened flat this morning following a disappointing quarterly report from Apple Inc. (NASDAQ: AAPL) last night (more coverage here) which weighed on Asian tech stocks particularly.…
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…
