Wednesday May 23 | AmericanBankingNews.com
Deutsche Bank Upgrades IntercontinentalExchange to "Buy"
Shares of IntercontinentalExchange opened at 124.10 on Wednesday. IntercontinentalExchange has a 52 week low of $102.57 and a 52 week high of $142.75. The company has a market cap of $9.028 billion and a P/E ratio of 17.37. IntercontinentalExchange last announced its earnings results on Wednesday, May 2nd.
IntercontinentalExchange Upgraded by JPMorgan Chase to "Overweight"
Shares of IntercontinentalExchange opened at 125.09 on Tuesday. IntercontinentalExchange has a one year low of $102.57 and a one year high of $142.75. The company has a market cap of $9.100 billion and a P/E ratio of 17.43. IntercontinentalExchange last issued its quarterly earnings data on Wednesday, May 2nd.
BATS talks to rivals over European futures launch
BATS Europe is in talks with exchange rivals over a clearing deal that will allow the share trading platform to break into European futures and challenge incumbents NYSE Euronext and Deutsche Boerse.
UPDATE 1-CME defends turf with expanded grain trading hours
The CME Group's grain markets began trading for 21 hours a day on Sunday, as the exchange tries to guard its turf against upstart IntercontinentalExchange, whose own nearly round-the-clock trade has gotten off to a tepid start.
Raymond James Upgrades IntercontinentalExchange to "Strong-Buy"
A number of other firms have also recently commented on ICE. Analysts at Zacks reiterated a "neutral" rating on shares of IntercontinentalExchange in a research note to investors on Thursday, May 3rd.
UPDATE 1-ICE grain contracts kick off turf war with CME
The IntercontinentalExchange's most aggressive challenge yet to the CME Group's 160-year dominance of agricultural markets kicked off on Su nday with the launch of five grain and oilseed futures.
UPDATE 1-US grain groups urge CFTC to delay expanded grains trading
The top U.S. grain groups on Thursday called for federal regulators to delay the start of 22-hour grains trading at CME Group and rival IntercontinentalExchange.
California carbon down 3 pct ahead of electricity meeting
California carbon allowances for delivery in 2013 closed at $15.50/tonne on Thursday, down 50 cents from a week ago, as market players held back on trading ahead of a key regulatory meeting on Friday that they hope will give new market players more clarity about their obligation in the cap-and-trade scheme.
Analyst Equity Ratings and Share Price Targets You Must Know May 3rd
Barclays reiterated its rating of Equal Weight for this company and changed its price target from $74 to $88. UBS reiterated its rating of Buy for this company and changed its price target from $100 to $104. Barclays reiterated its rating of Overweight for this company and changed its price target from $68 to $74. FBR Capital reiterated its rating ... (more)
UPDATE 2-CME must delay trading extension - US regulator
CME Group Inc will have to delay its plan to extend trading to 22 hours for grains futures because it has not yet requested permission from the Commodity Futures Trading Commission, the U.S. regulator said on T hu rsday.
IntercontinentalExchange Given New $150.00 Price Target at BMO Capital Markets
The firm currently has a "market perform" rating on the stock. Shares of IntercontinentalExchange traded up 1.34% during mid-day trading on Thursday, hitting $129.56. IntercontinentalExchange has a one year low of $102.57 and a one year high of $142.75. The company has a market cap of $9.405 billion and a P/E ratio of 18.53. The company last ... (more)
Ice hits back at CME Group in battle of exchanges
IntercontinentalExchange, or Ice, whose entrance into US grains trading has been overshadowed by moves at rival CME Group, hit back at its competitor, warning over "dissatisfied" customers.
ICE Reports Record 1Q Net Income of $148 Million
Atlanta- IntercontinentalExchange, Inc. , a leading operator of regulated global exchanges, clearing houses and over-the-counter markets, reported May 2 financial results for the first quarter of 2012.
CME Group fires back at ICE with 22-hour grains trade
With electronic trading now to run continuously from 6 p.m. to 4 p.m. central time the next day, Monday to Friday, dealers will for the first time have the opportunity to trade immediately after some of the market's most important data: U.S. Agriculture Department export figures and monthly fundamental reports.
Hong Kong Exchanges & Clearing / LME
There, they've said it. Hong Kong Exchanges & Clearing is the first bidder to confirm publicly its interest in the London Metal Exchange.
Exclusive: CME readies round-the-clock grains trade: sources
CME Group Inc will extend trading hours for its hallmark grain contracts, two sources close to the matter said on Monday, as the Chicago exchange moves to defend its turf against rival ICE's bid for nearly round-the-clock transactions.