|Bid||87.14 x 1000|
|Ask||87.11 x 900|
|Day's Range||86.97 - 87.62|
|52 Week Range||75.49 - 96.84|
|Beta (3Y Monthly)||0.76|
|PE Ratio (TTM)||31.86|
|Earnings Date||Apr 23, 2019 - Apr 29, 2019|
|Forward Dividend & Yield||1.76 (2.02%)|
|1y Target Est||94.07|
CME Group (CME) Q4 reflects increased volatility and higher customer demand for diverse risk management products driving strong trading volumes.
A loophole in Nasdaq Inc.’s rules is under scrutiny after a roller-coaster ride in the stock of one small company highlighted how firms can go public without ample shares to trade. Phunware Inc., a software company planning to launch its own cryptocurrency, surged about 3,750% over six trading days to hit an intraday high of $550 a share on Jan. 10. Nasdaq’s rules require companies listed on the exchange to have at least one million publicly held shares.
NEW YORK, Feb. 13, 2019 -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors,.
EPEX SPOT, part of European energy bourse EEX, has received a licence to operate an intraday market in Norway, the country's regulator said on Wednesday. The regulator NVE said the permit would end a long-standing regional monopoly for Nordic power exchange Nord Pool and increase competition between trading platforms for spot electricity trading. "NVE has announced a decision on a licence for the organisation and operation of the marketplace for the intraday market for EPEX SPOT," the regulator said in a statement.
News that US lawmakers have reached a tentative deal to avert another damaging government shutdown sent stocks zipping higher on Tuesday. Wall Street followed European stocks higher, with the S&P 500 climbing 0.9 per cent while the Dow Jones Industrial Average and the Nasdaq Composite both advanced 1 per cent. The gains come after Democrats and Republicans said late on Monday night that they have struck a deal in principle that would keep the government open and avoid a shutdown on Friday.
NEW YORK, Feb. 11, 2019 -- At the end of the settlement date of January 31, 2019, short interest in 2,356 Nasdaq Global MarketSM securities totaled 7,606,776,760 shares.
Combination of SAI Global's industry leading risk and compliance solutions and BWise's award-winning enterprise risk management, internal audit and regulatory compliance management platform advances SAI ...
Nasdaq, Inc. (NDAQ) announced today that it has entered into an agreement to sell BWise® to SAI Global Pty Limited (“SAI Global”), a recognized leader of integrated risk management solutions. BWise is an enterprise governance, risk and compliance (GRC) software platform established in 1994 and acquired by Nasdaq in 2012. Its enterprise GRC software platform and Risk Intelligence services and solutions help companies drive process efficiencies, enhance accountability, and reduce costs, resulting in improved decision making within an organization’s Enterprise Risk Management program.
PARIS/OSLO (Reuters) - Euronext raised its bid for Oslo Bors on Monday to around 6.79 billion Norwegian crowns (£606.07 million), upping the stakes in a battle with Nasdaq for the Norwegian stock exchange operator. By raising its offer to 158 Norwegian crowns per Oslo Bors share, hours before its opening gambit of 145 crowns was due to expire, Euronext outbid Nasdaq's 152 crowns a share. Paris-based Euronext revealed its first offer in late December with the backing of slightly more than half of Oslo Bors shareholders, but did not win over the exchange's board, which then convinced Nasdaq to make a higher bid.
OSLO (Reuters) - Norwegian bank DNB still plans to sell its 20-percent stake in stock market operator Oslo Bors VPS to Nasdaq, despite a higher bid by Euronext, the bank said on Monday. "We've committed ...
The Franco-Dutch exchange operator is now willing to pay 158 Norwegian kroner a share, which is about 4 percent more than Nasdaq bid last month. The development drew assurances from Nasdaq, which said on Monday it remains committed to moving ahead with a deal after already winning the backing of the Oslo Bors board.
OSLO (Reuters) - Oslo Bors VPS remains convinced that Nasdaq would be the best owner of the Norwegian stock market operator, despite Euronext's higher bid, Oslo Bors Chief Executive Bente Landsnes told ...
OSLO (Reuters) - Some 38 percent of shareholders of Oslo Bors VPS have extended their support for Euronext's offer for the Norwegian stock exchange operator, Euronext CEO Stephane Boujnah said on Monday. ...
Being sly has given Euronext NV an apparent lead over Nasdaq Inc. in the battle for control of Norway’s main stock exchange. Euronext went behind Oslo Bors VPS Holding ASA’s back and agreed an offer directly with a group of shareholders back in December. By Dec. 22, Euronext had secured sale commitments from holders of 45 percent of OBVH’s stock and told the company. The day after, it informed the Norwegian authorities.
Alector, Inc. (ALEC), a clinical stage biotechnology company, rang the Nasdaq MarketSite bell in Times Square today in celebration of its initial public offering (IPO) on The Nasdaq Stock Market. Alector is pioneering immuno-neurology, a novel therapeutic approach to counteract the multiple pathologies that cause degenerative brain disorders by restoring healthy immune function to the brain. Supporting its scientific approach, the Company’s Discovery Platform enables them to advance a broad portfolio of product candidates, validated by human genetics, which they believe will improve the probability of technical success of these product candidates and shorten the development timelines to bring these therapies to patients.
Intercontinental Exchange's (ICE) Q4 benefits from solid revenues and a strong performance across listings and data services as well as trading and clearing business lines.
The EC on Thursday predicted growth of just 1.3 per cent this year, down from its earlier projection of 1.9 per cent. Meanwhile, the Bank of England also shelved plans for multiple interest rate rises and downgraded its economic outlook amid mounting Brexit uncertainty. A major tie-up between US banks proved to be a major corporate highlight this morning.
Australian stocks climbed to a four-month high on Wednesday as iron ore miners gained after Brazil’s Vale declared force majeure following a deadly disaster, while much of Asia was closed for the lunar new year break. In equities, the S&P/ASX 200 was up 0.5 per cent at its highest since October as basic materials gained 1.4 per cent. Commonwealth Bank of Australia slipped 1.7 per cent after its cash profit for the six months to the end of December was less than expected. Australian iron ore miners continued to gain after Brazil’s Vale declared force majeure on a some iron ore contracts as a result of the suspension of its Brucutú mine.
Euronext, which owns stock exchanges across Europe, may take its new offer to Oslo Bors shareholders as early as this week, according to the people, who asked not to be identified because the deliberations are private. No final decisions have been made and Euronext may still decide against raising its bid, they said. It’s unclear what Euronext will offer.
Ultimate Software (NASDAQ:ULTI) is going private in a transaction led by veteran tech investors Hellman & Friedman. The price, $11 billion or $331.50 per share of ULTI stock, is a 19% premium to the company's Feb. 1 close and slightly above its record high of $330.73, achieved in September. The Weston, Florida company went public in 1998 at just $10. But long-time investors are not the only winners. New employees get restricted stock units, which can be cashed in here as common stock, and they continue to acquire shares over time, so many are expected to become millionaires once the deal closes. There is a 50-day "go-shop" period on the deal, where the company could seek a better price, which is why ULTI stock was due to open for trade Feb. 5 at $332.54 per share. InvestorPlace - Stock Market News, Stock Advice & Trading Tips ### The Island of Misfit Tech Hellman & Friedman currently has 20 investments in its portfolio, and over the years, it has put over $50 billion into over 90 companies, including Nasdaq Inc (NASDAQ:NDAQ), Axel Springer publishers in Germany, Doubleclick (now part of Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL) and Getty Images, which it owned from 2008 to 2012. Its current portfolio includes SimpliSafe, the Web-based security company and Kronos, a human capital management company. Hellman & Friedman says it seeks fast-growing businesses in developed markets, and the current fund, its eighth, has $11.1 billion in committed capital. Ultimate operates in an increasingly competitive market that is expected to be worth $10 billion in 2022, with competitors like Oracle (NYSE:ORCL), SAP (NYSE:SAP), International Business Machines (NYSE:IBM) and Cognizant Technology Solutions (NASDAQ:CTSH). Ultimate describes itself as a "cloud" company, but its history predates the cloud. It might be more accurate to call it a Software as a Service (SaaS) firm. The industry has been disrupted during this decade by the rise of cloud-native plays like Workday (NASDAQ:WDAY), which now has a market cap of almost $41 billion. * 10 F-Rated Stocks That Could Break Your Portfolio Ultimate has been growing its top-line regularly, but its bottom-line irregularly, in recent years. It reported revenue of $1.14 billion for all of 2018, on which it had net income of $65 million, $2.06 per share fully diluted. This was its best profit performance in several years, during which time it had doubled in size from 2014's $505 million in revenue. ### What Hellman Does Hellman's track record indicates they will continue investing in Ultimate, perhaps sacrificing short-term profits for market share gains, refocusing the go-to market strategy and, eventually, looking for an exit. It looks for the lemonade in a lemon grove. One example of their work I am personally familiar with is Intergraph, a Huntsville, Alabama computer-aided design firm it bought in 2006. I had covered Intergraph for decades by the date of the sale, and it was clear they had lost ground in their computer-aided design niche to companies like Autodesk (NASDAQ:ADSK). When Hellman exited in 2010, selling Intergraph to Hexagon AB of Sweden, it was a "spatial information management" company whose software was used to create visual representations of vast data stores. * 10 Cold Weather Stocks to Heat Up Your Returns Ultimate appears to be the largest deal Hellman & Friedman has yet put together, the previous high being Multiplan, a healthcare cost management company, which cost $7.5 billion in 2016. ### The Bottom Line on ULTI Stock This is a happy day for Ultimate employees, most of whom can now look forward to a happy retirement or, at least, some money in the bank. Investors looking for a better price on ULTI stock, however, may not do so well given the competitiveness and maturity of Ultimate's market. Buying shares today would be highly speculative, putting a lot of investment into a small chance of a minimal gain. Dana Blankenhorn is a financial and technology journalist. He is the author of a new mystery thriller, The Reluctant Detective Finds Her Family, available now at the Amazon Kindle store. Write him at email@example.com or follow him on Twitter at @danablankenhorn. As of this writing, he did not hold a position in any of the aforementioned securities. ### More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 F-Rated Stocks That Could Break Your Portfolio * 5 Fintech Stocks to Buy As This Mega Trend Gains Steam * 10 Cold Weather Stocks to Heat Up Your Returns Compare Brokers The post Ultimate Software Stock Isn't a Buy After Hellman & Friedman Buyout appeared first on InvestorPlace.
NEW YORK, Feb. 05, 2019 -- Who: Nasdaq CFO Michael Ptasznik What: Credit Suisse 20th Annual Financial Services Forum When: Tuesday, February 12, 2019 2:20 PM.
Indeed, the S&P 500 notched up a fifth successive daily advance as participants awaited President Donald Trump’s State of the Union speech later in the day. Elsa Lignos, global head of FX strategy at RBC Capital Markets, noted that Mr Trump was supposed to talk on the theme of “unity” but said there were some risks to watch out for. “There has been some speculation whether Mr Trump will use his primetime address to declare a state of emergency in order to get funding for his wall,” she said.