CME - CME Group Inc.
| Previous Close | 213.24 |
| Open | 212.53 |
| Bid | 209.99 x 1100 |
| Ask | 215.20 x 3100 |
| Day's Range | 210.40 - 213.75 |
| 52 Week Range | 161.05 - 217.65 |
| Volume | 1,257,705 |
| Avg. Volume | 1,335,887 |
| Market Cap | 75.637B |
| Beta (3Y Monthly) | -0.07 |
| PE Ratio (TTM) | 41.19 |
| EPS (TTM) | 5.13 |
| Earnings Date | Oct 23, 2019 - Oct 28, 2019 |
| Forward Dividend & Yield | 3.00 (1.41%) |
| Ex-Dividend Date | 2019-09-09 |
| 1y Target Est | 205.67 |
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MarketAxess Up More Than 100% in a Year: Is Upside Left?
MarketAxess (MKTX) shares rally due to its favorable operating performance and strategic initiatives, which poise it for long-term growth.
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Boeing 737 MAX and the FAA: A Clash of Culture and Convexity
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Don't Sell CME Group Inc. (NASDAQ:CME) Before You Read This
Today, we'll introduce the concept of the P/E ratio for those who are learning about investing. To keep it practical...
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CME Micro E-Mini Equity Index Futures Seen As Retail-Friendly Offering; Bitcoin Futures Update
In the quest for a “home run” investing or trading strategy, there sometimes can be value in playing “small ball.” That’s one early-innings takeaway from CME Group’s (CME) new Micro E-mini equity index futures, which have posted robust trading volume since the contracts were launched in early May. In July 2019—its third month of trading—volume in the four Micro E-mini futures, based on the S&P 500, Nasdaq-100, Russell 2000 and Dow Jones Industrial indexes, averaged 483,323 contracts a day, according to CME data. Micro E-mini S&P 500 futures led the way, with 207,426 contracts changing hands each day, on average, followed closely by the Micro Nasdaq-100, at 198,298 contracts a day.
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How to Trade Unicorns Before They IPO
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Top Research Reports: Bristol-Myers, CME Group, Chubb & More
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CME Group Declares Quarterly Dividend
CHICAGO , Aug. 7, 2019 /PRNewswire/ -- CME Group Inc., the world's leading and most diverse derivatives marketplace, today declared a third-quarter dividend of $0 .75 per share, payable September 25, 2019 ...
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What is the RBOB/ Brent Crack Spread and how is it Use in Energy Trading?
The global energy market is comprised of 3-distinct groups. The producers search for energy which includes crude oil and natural gas. The consumer uses the end product that is created for them by the refiner. The refiner’s role in the process is very important and sometimes is lost when traders evaluate the energy sector.
- Bloomberg
Trump Hints at More Trade Aid as Farmers Absorb ‘Body Blow’
(Bloomberg) -- President Donald Trump said he’s prepared to deliver more aid to farmers hurt by the trade war with China, but concerns are growing that the U.S. agriculture industry could suffer a long-term loss of market share as other countries rush in to fill Chinese orders.The nation’s leading farm group on Monday called China’s decision to halt imports of U.S. agricultural products “a body blow” to the nation’s farmers, a crucial constituency for Trump.The president responded with assurances of continued assistance to farmers in a tweet Tuesday morning, suggesting he would add to the $28 billion in trade aid he has approved for farmers over the past two years.“As they have learned in the last two years, our great American Farmers know that China will not be able to hurt them in that their President has stood with them and done what no other president would do,” Trump said in a tweet. “And I’ll do it again next year if necessary!”Trump so far has maintained support among the rural voters who overwhelmingly backed his 2016 election with federal assistance partially making up for farmers’ losses from tariff dispute. But farmers and their lobbyists in Washington increasingly respond with demands for “trade not aid” as shifts in global trading patterns harden.Brazil and Argentina are capturing larger shares of soybean sales to China, the largest export market for the oilseed. Total U.S. soybean exports in the 2018-2019 growing season dropped to 46.3 million metric tons from 58.1 million the prior year. At the same time, Brazil and Argentina’s combined soybean exports rose to 86 million metric tons from 78.3 million prior the year, according to the U.S Department of Agriculture.Farmers in Brazil are also investing to convert more land to soybean production to satisfy Chinese demand, raising the country’s long-term capacity to grow crops. Fertilizer Giant Yara International ASA forecasts Brazil’s soybean planted area will rise 2.5% this year as farmers shift pasture land and sugar-cane areas to the crop.The chairman of the trading arm of China’s top food company told an industry event in Sao Paulo on Monday that his company expects to increase soybean purchases from Brazil by 5% a year for the next five years. Johnny Chi, chairman of Cofco International, also said his company plans to boost investments on logistical supports in Brazil.Archer-Daniels-Midland Co. Chief Executive Officer Juan Luciano said on an Aug. 1 conference call with analysts that the damage to U.S. agriculture grows the longer the tariff dispute continues, though he doesn’t think it has yet done irreparable harm.“People find alternatives and eventually they become a little bit more comfortable with those alternatives,” Luciano said. “So this is not good for the U.S. farmers.”‘Cannot Last Forever’Zippy Duvall, president of the the American Farm Bureau Federation, the nation’s largest and most influential general farm organization, said Monday U.S. farmers are “grateful” for the money the Trump administration has given them so far but “we know that aid cannot last forever.”He said China’s import cut-off was “a body blow to thousands of farmers and ranchers who are already struggling to get by.”Roger Johnson, president of the National Farmers Union, the nation’s second-largest general farm group, said Trump’s “strategy of constant escalation and antagonism” has “just made things worse.” America’s family farmers and ranchers “can’t withstand this kind of pressure much longer.”Duvall said the tariff war is worsening the plight of a farm sector already reeling from low commodity prices and bad weather. U.S farm exports to China had already fallen $1.3 billion during the first half of the year, he said.“Now, we stand to lose all of what was a $9.1 billion market in 2018, which was down sharply from the $19.5 billion farmers exported to China in 2017,” Duvall said.Trade AidLast year, the administration announced $12 billion in aid to farmers hurt by the spat. Trump followed that up with another $16 billion in trade assistance this year.Prior to Trump’s tweet, U.S. Agriculture Secretary Sonny Perdue had warned farmers not to count on more trade aid. Agriculture Department spokeswomen didn’t immediately respond to requests for comment on Trump’s tweet.Trump won overwhelming backing from rural voters in 2016 and their continued enthusiastic support is crucial to his re-election bid. In June, 54% of rural voters approved of Trump’s job performance compared with a national approval rating of 42%, according to a Gallup survey of 701 self-identified rural voters.Farmers optimism rebounded in July, after the latest tranche of trade aid was announced and before the escalation in the trade war. The Purdue University/CME Group’s agricultural sentiment index increased to 153 points in July from 126 in June, according to a survey of 400 agricultural producers.(Adds export data in sixth paragraph.)\--With assistance from Michael Hirtzer and Dominic Carey.To contact the reporters on this story: Mike Dorning in Washington at mdorning@bloomberg.net;Mario Parker in Chicago at mparker22@bloomberg.netTo contact the editors responsible for this story: Joe Sobczyk at jsobczyk@bloomberg.net, ;James Attwood at jattwood3@bloomberg.net, Laurie AsséoFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
- PR Newswire
Confidence in the ag economy soars; producers confirm large prevented plantings of corn and soybeans
WEST LAFAYETTE, Ind. and CHICAGO, Aug. 6, 2019 /PRNewswire/ -- The Purdue University/CME Group Ag Economy Barometer reading jumped to 153 in July, up 27 points from June, and up 52 points from May. Improving crop conditions after an extraordinarily wet planting season, combined with a late spring/early summer crop price rally, boosted farmer sentiment. This improvement occurred despite the fact that many producers were in the midst of filing prevented planting crop insurance claims and wondering about the size of the USDA's 2019 Market Facilitation Payments (MFP). Results are based on a survey of 400 agricultural producers across the U.S. conducted from July 15 through July 19, 2019, which was prior to USDA's announcement of 2019 MFP payment rates.
- Thomson Reuters StreetEvents
Edited Transcript of CME earnings conference call or presentation 31-Jul-19 12:30pm GMT
Q2 2019 CME Group Inc Earnings Call
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Cboe Global's (CBOE) Q2 Earnings Beat Estimates, Rise Y/Y
Cboe Global's (CBOE) second-quarter earnings gain from solid contributions by its Options segment.
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Should You Invest in the iShares U.S. Broker-Dealers & Securities Exchanges ETF (IAI)?
Sector ETF report for IAI
- PR Newswire
CME Group Averaged 16.6 Million Contracts Per Day in July 2019, Up 23% from July 2018
CHICAGO , Aug. 2, 2019 /PRNewswire/ -- CME Group , the world's leading and most diverse derivatives marketplace, reached average daily volume (ADV) of 16.6 million contracts during July 2019 , up 23% from ...
- Motley Fool
CME Group Revenue Rises 20%
Strong international growth and acquisition-fueled gains are driving the exchange giant's expansion.
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Intercontinental Exchange (ICE) Q2 Earnings & Revenues Top
Intercontinental Exchange (ICE) Q2 reflects strength in global energy business and compounding growth in subscription-based Data & Listings business.
- Bloomberg
LSE Puts a Ring of Steel Around Its Refinitiv Deal
(Bloomberg Opinion) -- London Stock Exchange Group Plc has put another obstacle in the way of any bidder looking to buy the venerable bourse and stop its proposed $27 billion purchase of Refinitiv.On Thursday, LSE shares leapt again after the exchange confirmed its plans to buy the financial data provider and give its owners Blackstone Group LP and Thomson Reuters Corp. a 37% stake in the enlarged company. LSE stock is now 25% above its price before the transaction became public last week, lifting the company’s market value by about 5 billion pounds ($6.1 billion).It was already clear that the LSE is buying Refinitiv (which competes with Bloomberg LP, the parent of Bloomberg News) at an attractive valuation multiple. But there is some justification for renewed enthusiasm. LSE said it could reap 225 million pounds of annual revenue gains from the tie-up within five years, on top of the already announced 350 million pounds of cost savings.Assume a 50% margin on those extra sales and the financial benefits of the deal jump to more than 450 million pounds annually. Allow for integration costs and the long wait for full delivery and this uplift is worth perhaps 4 billion pounds, and will be shared with Blackstone and Thomson.Everything else about the transaction could be expected to exert a downward force on LSE’s stock price: It’s big, it’s different, it dilutes revenue growth and it will push leverage above three times Ebitda, normally a red line for shareholders. Returns look humdrum.If the cost synergies are convincing, the revenue profile of the combination is less easy to be sure about. Refinitiv, whose products include the Eikon terminal, is a mix of mature and growing businesses. LSE says the enlarged group’s sales will grow between 5% and 7% in the first three years after the deal closes. The bottom end of that range would represent something of a come-down for LSE, which grew revenue by 9% last year.Still, Thursday’s reaction suggests investors are relaxed about all this. They may also be giving LSE some credit for moving to a more predictable revenue base. Recurring income will account for about 69% of LSE’s total, up from 39%. And rather than fret about leverage, shareholders appear to be welcoming the earnings uplift from taking on debt. Analysts at Berenberg suggest CME Group Inc. and Intercontinental Exchange Inc. could be potential interlopers. They face a challenge. The rise in LSE’s stock over the last week is already close to the typical premium that would be demanded in a traditional takeover and investors could expect further gains if things go really well.A 198 million-pound break fee is no deterrent – but the approval timetable is. The LSE has chosen to hold its own shareholder vote on the deal before the year-end. If investors say yes, the exchange has to buy Refinitiv once regulatory approval comes through, assuming there’s no cunning legal get-out. That gives only a four-month window for any alternative deal to emerge.True, that sounds like a long time. But it forces interlopers to make a decision about buying the LSE at a time when the U.K.’s relationship with Europe is highly uncertain. That may give them pause. The LSE could have chosen to hold the shareholder vote after regulatory approvals were received – but a canny vendor like Blackstone would hardly have been willing to give the LSE a free option on the deal for more than a year. Still, December seems very soon. An interesting few months lie ahead.To contact the author of this story: Chris Hughes at chughes89@bloomberg.netTo contact the editor responsible for this story: Edward Evans at eevans3@bloomberg.netThis column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.Chris Hughes is a Bloomberg Opinion columnist covering deals. He previously worked for Reuters Breakingviews, as well as the Financial Times and the Independent newspaper.For more articles like this, please visit us at bloomberg.com/opinion©2019 Bloomberg L.P.
Motley FoolCME Group Inc (CME) Q2 2019 Earnings Call Transcript
CME earnings call for the period ending June 30, 2019.
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CME Group (CME) Q2 Earnings Top Estimates, Revenues Miss
CME Group (CME) Q2 reflects better revenues and second-highest quarterly average daily volume.
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CME Group (CME) Surpasses Q2 Earnings Estimates
CME (CME) delivered earnings and revenue surprises of 0.57% and -0.63%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?
- PR Newswire
CME Group Inc. Reports Second-Quarter 2019 Financial Results
CHICAGO , July 31, 2019 /PRNewswire/ -- CME Group Inc. (NASDAQ: CME) today reported financial results for the second quarter of 2019. The company reported revenue of $1.3 billion and operating income of ...
- Investing.com
CME Group Earnings, Revenue Miss in Q2
Investing.com - CME Group (NASDAQ:CME) reported second quarter earnings that missed analysts' expectations on Wednesday and revenue that fell short of forecasts.
