BloggingStocks http://www.bloggingstocks.com BloggingStocks http://www.blogsmithmedia.com/http://www.bloggingstocks.com/media/feedlogo.gif BloggingStocks http://www.bloggingstocks.com en-us Copyright 2012 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/<![CDATA[U.S. Futures Up Ahead of Payroll Data]]>http://www.bloggingstocks.com/2011/04/01/u-s-futures-up-ahead-of-payroll-data/http://www.bloggingstocks.com/2011/04/01/u-s-futures-up-ahead-of-payroll-data/http://www.bloggingstocks.com/2011/04/01/u-s-futures-up-ahead-of-payroll-data/#commentsU.S. stock futures are higher Friday morning, as investors await nonfarm payroll figures at 8:30 a.m. ET. Futures on the Dow Jones Industrial Average surged 49 points to 12,301.00 and futures on the S&P 500 stock index gained 5 points to 1,326.00. Nasdaq 100 futures added 11.75 points to 2,348.00.

Positive sentiment ruled the European markets today. While STOXX Europe 600 Index has gained 0.75%, London's FTSE 100 Index moved up 0.82%.

Most Asian markets ended higher, with Japan's Nikkei Stock Average dropping 0.48%, Australia's S&P/ASX 200 moving up 0.53% and China's Shanghai Composite gaining 1.35%. Hong Kong's Hang Seng Index rose 1.17%.

Continue reading U.S. Futures Up Ahead of Payroll Data

U.S. Futures Up Ahead of Payroll Data originally appeared on BloggingStocks on Fri, 01 Apr 2011 08:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>allAllstatefeaturedIntercontinentalExchangeirelandIrishBanksnasdaq omxndaqnouriel roubiniNYSE EuronextnyxFri, 01 Apr 2011 08:30:00 EST<![CDATA[IntercontinentalExchange: Right Business Model at the Right Time]]>http://www.bloggingstocks.com/2011/03/09/intercontinentalexchange-right-business-model-at-the-right-time/http://www.bloggingstocks.com/2011/03/09/intercontinentalexchange-right-business-model-at-the-right-time/http://www.bloggingstocks.com/2011/03/09/intercontinentalexchange-right-business-model-at-the-right-time/#commentsFiled under:

Last summer's swoon in Electronic marketplace Inc.'s (ICE) stock is ancient history, as ICE has powered through $120 and is now testing $130. ICE, first discussed on June 2, 2009 at a price of $115.15, has the right business model -- futures contracts and more -- at the right time. ICE will likely post a 2011 revenue gain of 15-18% in 2011, followed by another double-digit increase in 2012.

Further, in 2011, the new, more-rigorous regulatory environment should create a trading environment for credit default swaps that's more fair and transparent, and these factors should help boost ICE's electronic trading, energy products trading, and clearing house function revenue streams. Demand for primary futures contracts products for Brent and West Texas Intermediate crude remain strong, and its deal to acquire Climate Exchange Plc., should be good for earnings in 2011.

Continue reading IntercontinentalExchange: Right Business Model at the Right Time

IntercontinentalExchange: Right Business Model at the Right Time originally appeared on BloggingStocks on Wed, 09 Mar 2011 18:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>ICEIntercontinentalExchangeWed, 09 Mar 2011 18:30:00 EST<![CDATA[IntercontinentalExchange Is in an Uptrend]]>http://www.bloggingstocks.com/2010/12/29/intercontinentalexchange-is-in-an-uptrend/http://www.bloggingstocks.com/2010/12/29/intercontinentalexchange-is-in-an-uptrend/http://www.bloggingstocks.com/2010/12/29/intercontinentalexchange-is-in-an-uptrend/#commentsFiled under:

If you took advantage of, as outlined in September, to scoop-up some shares of IntercontinentalExchange Inc. (ICE) during its late summer swoon, you made the correct move.

Electronic marketplace IntercontinentalExchange Inc., first discussed on June 2, 2009 at a price of $115.15, has rebounded decisively, powering above key, psychological resistance at $100 to trade at/near $120 on Friday, and I obviously still like the shares here.

Look for ICE to post revenue gains of 7-9% in 2010, followed by a solid, double-digit increase in 2011.

Continue reading IntercontinentalExchange Is in an Uptrend

IntercontinentalExchange Is in an Uptrend originally appeared on BloggingStocks on Wed, 29 Dec 2010 15:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>ICEIntercontinentalExchangeWed, 29 Dec 2010 15:30:00 EST<![CDATA[Is IntercontinentalExchange's Summer Plunge Over?]]>http://www.bloggingstocks.com/2010/09/27/is-intercontinentalexchange-s-summer-plunge-over/http://www.bloggingstocks.com/2010/09/27/is-intercontinentalexchange-s-summer-plunge-over/http://www.bloggingstocks.com/2010/09/27/is-intercontinentalexchange-s-summer-plunge-over/#commentsFiled under:

The shares of electronic marketplace IntercontinentalExchange Inc. (ICE), first discussed on June 2, 2009, at a price of $115.15, fell this summer and came dangerously close to the sell/stop loss at $88. Even so, the shares appeared to have bottomed at $90 -- creating an attractive price for investors who can tolerate moderate risk.

Look for ICE to post revenue gains of 7% to 9% in 2010, followed by a solid, double-digit increase in 2011.

Continue reading Is IntercontinentalExchange's Summer Plunge Over?

Is IntercontinentalExchange's Summer Plunge Over? originally appeared on BloggingStocks on Mon, 27 Sep 2010 14:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>ICEIntercontinentalExchangeinthenewsMon, 27 Sep 2010 14:30:00 EST<![CDATA[IntercontinentalExchange: A Global Financial System Play]]>http://www.bloggingstocks.com/2010/02/24/intercontinentalexchange-a-global-financial-system-play/http://www.bloggingstocks.com/2010/02/24/intercontinentalexchange-a-global-financial-system-play/http://www.bloggingstocks.com/2010/02/24/intercontinentalexchange-a-global-financial-system-play/#commentsFiled under:

Electronic marketplace IntercontinentalExchange (ICE), which I first wrote about on June 2, 2009 at a price of $115.15, is still favored at this juncture. Here's why:

In general, institutional investors have kept ICE in the 'tired stock, not broken company' category for about 15 months. Near-term, IIs are concerned that uncertainty regarding U.S. economic growth -- and potential new regulations from Washington - - could weigh on trading volumes.

Continue reading IntercontinentalExchange: A Global Financial System Play

IntercontinentalExchange: A Global Financial System Play originally appeared on BloggingStocks on Wed, 24 Feb 2010 15:10:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>ICEIntercontinentalExchangeWed, 24 Feb 2010 15:10:00 EST<![CDATA[Intercontinental Exchange: Pull-back is a buy opportunity]]>http://www.bloggingstocks.com/2009/12/04/intercontinental-exchange-pull-back-is-buy-opportunity/http://www.bloggingstocks.com/2009/12/04/intercontinental-exchange-pull-back-is-buy-opportunity/http://www.bloggingstocks.com/2009/12/04/intercontinental-exchange-pull-back-is-buy-opportunity/#commentsFiled under:

Intercontinental Exchange, Inc.'s (ICE) stock has meandered since the buy recommendation on June 2, 2009 at a price of $115.15, but I'm reiterating my call. Here's why:

Institutional investors (IIs) have kept ICE in the 'tired stock, not broken company' category for much of the year. Near-term, IIs are concerned that uncertainty regarding U.S. economic growth -- and potential new regulations from Washington -- could weigh on trading volumes.

Continue reading Intercontinental Exchange: Pull-back is a buy opportunity

Intercontinental Exchange: Pull-back is a buy opportunity originally appeared on BloggingStocks on Fri, 04 Dec 2009 17:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>clearing houseClearingHouseelectronic tradingElectronicTradingenergy products tradingEnergyProductsTradingintercontinentalexchangeFri, 04 Dec 2009 17:30:00 EST<![CDATA[Intercontinental Exchange: Buy on a pull-back]]>http://www.bloggingstocks.com/2009/06/02/intercontinental-exchange-buy-on-a-pull-back/http://www.bloggingstocks.com/2009/06/02/intercontinental-exchange-buy-on-a-pull-back/http://www.bloggingstocks.com/2009/06/02/intercontinental-exchange-buy-on-a-pull-back/#commentsFiled under:

In the past sixth months, IntercontinentalExchange, Inc. (NYSE: ICE) has gone from high-risk play to a model whose electronic trading and centrally-cleared products have become marketplace leaders, particularly for energy products.

Further, while FY2009 revenue and earnings will not overwhelm, look for electronic trading, energy products trading, and clearing house function revenue streams to resume solid growth by mid FY2010.

Continue reading Intercontinental Exchange: Buy on a pull-back

Intercontinental Exchange: Buy on a pull-back originally appeared on BloggingStocks on Tue, 02 Jun 2009 17:45:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>credit default swapsCreditDefaultSwapsenergyICEIntercontinentalExchangeTue, 02 Jun 2009 17:45:00 EST<![CDATA[Earnings highlights: GM, Toyota, CBS, Sprint, ADM, MGM, Nintendo, UBS and more]]>http://www.bloggingstocks.com/2009/05/09/earnings-highlights-gm-toyota-cbs-sprint-adm-mgm-nintendo/http://www.bloggingstocks.com/2009/05/09/earnings-highlights-gm-toyota-cbs-sprint-adm-mgm-nintendo/http://www.bloggingstocks.com/2009/05/09/earnings-highlights-gm-toyota-cbs-sprint-adm-mgm-nintendo/#commentsFiled under: , , , , , , , ,

Here are some highlights from this past week's earnings coverage from BloggingStocks:

Continue reading Earnings highlights: GM, Toyota, CBS, Sprint, ADM, MGM, Nintendo, UBS and more

Earnings highlights: GM, Toyota, CBS, Sprint, ADM, MGM, Nintendo, UBS and more originally appeared on BloggingStocks on Sat, 09 May 2009 09:40:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>ActivisionADMAlpha NaturalANRArcher DanielsATVICBSChesapeake EnergyCHKChryslerearningsELEstee LauderGeneral MotorsGMICEIntercontinentalExchangeLive NationLYVMGMNetSuiteNintendoNTDOYSprint NextelTevaToyotaUBSSat, 09 May 2009 09:40:00 EST<![CDATA[IntercontinentalExchange (ICE) jumps on Q1 earnings]]>http://www.bloggingstocks.com/2009/05/05/intercontinentalexchange-ice-jumps-on-q1-earnings/http://www.bloggingstocks.com/2009/05/05/intercontinentalexchange-ice-jumps-on-q1-earnings/http://www.bloggingstocks.com/2009/05/05/intercontinentalexchange-ice-jumps-on-q1-earnings/#commentsFiled under: , , , ,

ICE logoIntercontinentalExchange (NYSE: ICE - option chain) shares are rising today after the company reported its first-quarter profit fell 22% to $72.2 million, or 98 cents per share. ICE's adjusted profit of $1.09 per share beat analysts' estimates of $1.01 per share. If you think that the stock won't fall by too much in the coming months, then now could be a good time to look at a bullish hedged trade on ICE.

ICE opened this morning at $89.32. So far today the stock has hit a low of $89.32 and a high of $104.60. As of 10:50, ICE is trading at $101.90, up 11.47 (12.7%). The chart for ICE neutral and S&P gives ICE a neutral 3 STARS (out of 5) hold ranking.

Continue reading IntercontinentalExchange (ICE) jumps on Q1 earnings

IntercontinentalExchange (ICE) jumps on Q1 earnings originally appeared on BloggingStocks on Tue, 05 May 2009 11:40:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>earningsICEintercontinental exchangeIntercontinentalExchangeInvestors ObserverInvestorsObserveroptionsTue, 05 May 2009 11:40:00 EST<![CDATA[Analyst upgrades: PXD, GHDX and ATEC]]>http://www.bloggingstocks.com/2008/02/07/analyst-upgrades-pxd-ghdx-and-atec/http://www.bloggingstocks.com/2008/02/07/analyst-upgrades-pxd-ghdx-and-atec/http://www.bloggingstocks.com/2008/02/07/analyst-upgrades-pxd-ghdx-and-atec/#commentsFiled under: ,

MOST NOTEWORTHY: Pioneer Natural, Genomic Health and Alphatec were today's noteworthy upgrades:
  • Citigroup upgraded shares of Pioneer Natural Resources Company (NYSE: PXD) to Buy from Hold on valuation following the recent weakness.
  • Genomic Health Inc (NASDAQ: GHDX) was raised to Outperform from Sector Perform at RBC Capital, as they believe momentum for the company's Oncotype Dx test is building based on inclusion in new clinical guidelines and expanded reimbursement.
  • Alphatec Holdings Inc (NASDAQ: ATEC) was upgraded to Buy from Source of Funds at Think Equity, citing the new CEO's efforts to overhaul the company, which has positioned it for growth.
OTHER UPGRADES:

Analyst upgrades: PXD, GHDX and ATEC originally appeared on BloggingStocks on Thu, 07 Feb 2008 09:54:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>AlphatecATECCommVaultCVLTGenomic HealthGenomicHealthGHDXICEIntercontinental ExchangeIntercontinentalExchangePioneer NaturalPioneerNaturalPXDSIROSirona DentalSironaDentalupgradesThu, 07 Feb 2008 09:54:00 EST<![CDATA[Chicago Merc. bid gets support from CBOT management]]>http://www.bloggingstocks.com/2007/06/26/chicago-merc-bid-gets-support-from-cbot-management/http://www.bloggingstocks.com/2007/06/26/chicago-merc-bid-gets-support-from-cbot-management/http://www.bloggingstocks.com/2007/06/26/chicago-merc-bid-gets-support-from-cbot-management/#commentsFiled under: , , , , ,

Chicago Mercantile Exchange Holdings Inc. (NYSE: CME) opened at $533.30. So far today the stock has hit a low of $533.30 and a high of $539.45. As of 10:55, CME is trading at $535.87, up $2.47 (0.5%).

After hitting a one year high of $596.30 in January, the stock has trended slightly downward over the past six months, bouncing off support at $500 in May. Chicago Board of Trade (NYSE: BOT) management is urging shareholders to vote for a merger with CME rather than the competing offer from Intercontinental Exchange (NYSE: ICE). A vote will be held on July 9. Recent technical indicators for CME have been bullish but deteriorating, while S&P gives the stock a very positive 5 STARS (out of 5) strong buy rating.

For a bullish hedged play on this stock, I would consider a July bull-put credit spread below the $500 range.CME hasn't been below $500 for more than a day since November and has shown support around $508 recently. This trade could be risky if broader markets take a tumble, but CME is not scheduled to report earnings until the week after July expiration.

Brent Archer is an options analyst and writer at Investors Observer.
DISCLOSURE: Mr. Archer owns and/or controls diversified portfolios of long and short stock and option positions that may include holdings in companies he writes about. At publication time, Brent neither owns nor controls positions in CME, BOT, or ICE.

Chicago Merc. bid gets support from CBOT management originally appeared on BloggingStocks on Tue, 26 Jun 2007 13:20:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>BOTCBOTChicago Borad of TradeChicago Mercantile ExchangeChicagoBoradOfTradeChicagoMercantileExchangeCMEDealICEInterContinental ExchangeIntercontinentalExchangeTue, 26 Jun 2007 13:20:00 EST<![CDATA[Analyst initiations 6-11-07: CAVM; TA and PCS]]>http://www.bloggingstocks.com/2007/06/11/analyst-initiations-6-11-07-cavm-ta-and-pcs/http://www.bloggingstocks.com/2007/06/11/analyst-initiations-6-11-07-cavm-ta-and-pcs/http://www.bloggingstocks.com/2007/06/11/analyst-initiations-6-11-07-cavm-ta-and-pcs/#commentsFiled under: ,

MOST NOTEWORTHY: Cavium Networks Inc (NASDAQ: CAVM), Travel Centers of America LLC (AMEX: TA) and MetroPCS Communications Inc (NYSE: PCS) were today's noteworthy initiations:
  • Cavium Networks was initiated with a Strong Buy rating and $25 target at JMP Securities. The firm's checks indicate significant momentum for Cavium's products and cites good visibility. Cavium was also initiated with a Market Weight rating at Thomas Weisel, which finds shares fairly-valued at current levels, with a Buy rating and $25 target at Needham, with an Equal Weight rating and $22 target at Lehman Brothers, with an Equal Weight rating at Morgan Stanley and with a Buy rating and $26 target at Deutsche Bank, which expects over 50% revenue growth from 2006-2009 due to the growth in the company's network processor product line.
  • TravelCenters of America was initiated with a Buy rating and $54 target at Ferris Baker Watts and with a Buy rating and $70 target at BWS Financial, as the firm is positive on TA's earnings power and valuation.
  • Citigroup initiated shares of MetroPCS with a Buy rating and $40 target. The firm believes the company's coupled with deepening penetration in its core markets should produce revenue and FCF growth that exceeds the maturing industry average.
OTHER INITIATIONS:
  • IntercontinentalExchange Inc (NYSE: ICE) was initiated with an Outperform rating at Credit Suisse.
  • Janco initiated shares of Foundry Networks Inc (NASDAQ: FDRY) with a Buy rating and $19.50 target, as the firm believes the company's new products put it in a position to gain market share.
  • CIBC World Markets initiated shares of Accuray Incorporated (NASDAQ: ARAY) with a Sector Underperformer rating and $19 target.

Analyst initiations 6-11-07: CAVM; TA and PCS originally appeared on BloggingStocks on Mon, 11 Jun 2007 10:38:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>AccurayAccuray IncAccurayIncARAYCaviumCavium NetworksCaviumNetworksCAVMFDRYFoundryFoundry NetworksFoundryNetworksICEIntercontinental ExchangeIntercontinentalExchangeMetroPCSPCSTATravel CentersTravel Centers of AmericaTravelCentersTravelCentersOfAmericaMon, 11 Jun 2007 10:38:00 EST<![CDATA[Newspaper wrap-up 5-30-07: Bush taps Robert Zoellick to head World Bank]]>http://www.bloggingstocks.com/2007/05/30/newspaper-wrap-up-5-30-07-bush-taps-robert-zoellick-to-head-wor/http://www.bloggingstocks.com/2007/05/30/newspaper-wrap-up-5-30-07-bush-taps-robert-zoellick-to-head-wor/http://www.bloggingstocks.com/2007/05/30/newspaper-wrap-up-5-30-07-bush-taps-robert-zoellick-to-head-wor/#commentsFiled under: , ,

MAJOR PAPERS:
OTHER PAPERS:

Newspaper wrap-up 5-30-07: Bush taps Robert Zoellick to head World Bank originally appeared on BloggingStocks on Wed, 30 May 2007 09:04:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>Barron'sBBYBest BuyBestBuyBiometBMETBOTCarolina GroupCarolinaGroupCBOTCGchargesChicago Board of TradeChicago Board Options ExchangeChicagoBoardOfTradeChicagoBoardOptionsExchangedealdeathsEconomic TimesEconomicTimesFinancial TimesFinancialTimesGoldman SachsGoldmanSachsGSICEImperial TobaccoImperialTobaccoIndiaIntercontinental ExchangeIntercontinentalExchangeISSITYNigeriaPfizerprivate equityPrivateEquityVivekWall Street JournalWallStreetJournalWashington PostWashingtonPostWeekday TraderWeekdayTraderWorld BankWorldBankWSJWed, 30 May 2007 09:04:00 EST<![CDATA[Analyst upgrades 5-03-07: CMVT, IFF, JBHT, RTN and SYMC]]>http://www.bloggingstocks.com/2007/05/03/analyst-upgrades-5-03-07-cmvt-iff-jbht-rtn-and-symc/http://www.bloggingstocks.com/2007/05/03/analyst-upgrades-5-03-07-cmvt-iff-jbht-rtn-and-symc/http://www.bloggingstocks.com/2007/05/03/analyst-upgrades-5-03-07-cmvt-iff-jbht-rtn-and-symc/#commentsFiled under: , , , , , ,

MOST NOTEWORTHY: J.B. Hunt Transport Services, Inc (JBHT), Nvidia Corp (NVDA), International Flavors & Fragrances Inc (IFF), RealNetworks, Inc (RNWK) and Marchex (MCHX) were today's noteworthy upgrades:
  • Pacific Growth upgraded shares of Nvidia Corp (NASDAQ: NVDA) to Buy from Neutral citing valuation.
  • Susquehanna upgraded Marchex Inc (NASDAQ: MCHX) to Positive from Neutral. Susquehanna has increased confidence that Marchex will be able to increase monetization via Yahoo!'s (YHOO) Panama upgrade, improving 2008 TAC rates and increased value of owned sites following a major upgrade for 2H07.
OTHER UPGRADES:
  • Jefferies raised Symantec Corp (NASDAQ: SYMC) shares to Buy from Hold with a $21 target.
  • Raytheon Co (NYSE: RTN) was upgraded to Overweight from Equal Weight at Lehman Brothers.
  • SPX Corp (NYSE: SPW) was raised to Neutral from Underperform at Needham.
Analyst summaries provided by TheFlyOnTheWall.com (subscription required).

Analyst upgrades 5-03-07: CMVT, IFF, JBHT, RTN and SYMC originally appeared on BloggingStocks on Thu, 03 May 2007 11:38:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>analystcmvtcomversecymantechunticeiffintercontinentalexchangeinternational flavorsInternationalFlavorsjbhtmchxmerchexnvdanvidiaratingraytheonrealnetworksrnwkrtnspwspx corpSpxCorpsymctheflyonthewall.comupgradeThu, 03 May 2007 11:38:00 EST<![CDATA[IntercontinentalExchange's $1 billion buyout to reduce energy reliance]]>http://www.bloggingstocks.com/2006/09/15/intercontinentalexchanges-1-billion-buyout-to-reduce-energy-re/http://www.bloggingstocks.com/2006/09/15/intercontinentalexchanges-1-billion-buyout-to-reduce-energy-re/http://www.bloggingstocks.com/2006/09/15/intercontinentalexchanges-1-billion-buyout-to-reduce-energy-re/#commentsFiled under:

ice

Usually, the buyer in an M&A transaction has a drop in its stock price. Well, that wasn't the case with Intercontinental Exchange's (ICE) $1 billion purchase of the New York Board of Trade (NYBOT). In fact, ICE's stock surged 10% on the announcement.

Basically, ICE is an electronic exchange for trading on energy products. Despite the recent fall-off in energy prices, the market has been particularly strong for ICE, as the stock has surged almost 80% this year.

So, why not use some of this increased shareholder value to do a deal?

The purchase of the NYBOT will be a move to diversify ICE away from energy. For the most part, NYBOT is an old-school exchange (there is a physical trading floor) that focuses in stuff like sugar, cocoa, and coffee trading.

Also, ICE believes the deal will result in cost synergies of $50 million or so. Something else: ICE is likely to leverage its technology infrastructure into the NYBOT.

Although, according to Wall Street's response, ICE may be too conservative on the benefits of the deal. After all, NYBOT was founded in 1870: there is probably lots of opportunity to modernize things at the exchange.

Tom Taulli is the author of various books, including the Complete M&A Handbook and operates InvestorOffering.com.

IntercontinentalExchange's $1 billion buyout to reduce energy reliance originally appeared on BloggingStocks on Fri, 15 Sep 2006 13:18:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>ExchangeIntercontinental ExchangeIntercontinentalExchangeNew York Board of TradeNewYorkBoardOfTradeFri, 15 Sep 2006 13:18:00 EST