Nasdaq Inc.(NDAQ)- NASDAQ
  • Thu, Jan. 28, 8:06 AM
    • Q4 net income of $150M or $0.89 per share up from $0.81 one year ago.
    • 1.2M shares bought back for $67M during quarter - average price of $56.58. Another $159M remains in buyback program (as of year-end).
    • Market Services (36% of revenues) - Revenue of $195M down 3% Y/Y, mostly thanks to negative impact of fx.
    • Equity Derivatives (9% of revenues) -Revenue of $48M down nearly 10% Y/Y, with lower trading volumes, lower U.S. market share, and fx to blame.
    • Cash Equities (12% of revenues) - Revenue of $66M up nearly 12% Y/Y.
    • Previously: NASDAQ EPS in-line, beats on revenue (Jan. 28)
    • CFO Lee Shavel is retiring effective March 31 after five years in the position. SVP and Corporate Controller Ron Hassen will be interim CFO as the company conducts a search for a replacement.
    • NDAQ flat premarket
    | Thu, Jan. 28, 8:06 AM | 1 Comment
  • Thu, Jan. 28, 7:14 AM
    • NASDAQ (NASDAQ:NDAQ) declares $0.25/share quarterly dividend, in line with previous.
    • Forward yield 1.72%
    • Payable March 28; for shareholders of record March 14; ex-div March 10.
    | Thu, Jan. 28, 7:14 AM
  • Thu, Jan. 28, 7:09 AM
    • NASDAQ (NASDAQ:NDAQ): Q4 EPS of $0.89 in-line.
    • Revenue of $536M (+3.7% Y/Y) beats by $5.84M.
    | Thu, Jan. 28, 7:09 AM
  • Wed, Jan. 27, 5:30 PM
    | Wed, Jan. 27, 5:30 PM | 18 Comments
  • Dec. 16, 2015, 2:23 AM
    • Adena Friedman has been named to the newly created position of chief operating officer at Nasdaq (NASDAQ:NDAQ), in a move likely to rekindle speculation that she's the frontrunner to eventually succeed Bob Greifeld as chief executive.
    • During Greifeld's tenure since 2003, Nasdaq has expanded from a single equity exchange to include 26 exchanges, three clearing houses, an arm that sells exchange technology and another that handles investor relations for listed companies.
    | Dec. 16, 2015, 2:23 AM | 1 Comment
  • Dec. 15, 2015, 6:24 AM
    • November monthly performance was: 0%
    • AUM of $113M
    • No dividends were paid in November
    • Top 10 Holdings as of 11/30/2015: VeriSign Inc (VRSN): 0.41%, TFS Financial Corp (TFSL): 0.4%, TECO Energy Inc (TE): 0.37%, Vantiv Inc (VNTV): 0.34%, Nasdaq Inc (NDAQ): 0.34%, Lockheed Martin Corp (LMT): 0.34%, Southwest Airlines Co (LUV): 0.34%, Alphabet Inc Class A (GOOGL): 0.33%, Republic Services Inc Class A (RSG): 0.33%, Cameron International Corp (CAM): 0.33%
    | Dec. 15, 2015, 6:24 AM
  • Dec. 2, 2015, 2:49 AM
    • TD Ameritrade's recently announced move back to the Nasdaq (NASDAQ:NDAQ) from the New York Stock Exchange (NYSE:ICE) may be showing some underlying trends in the industry.
    • The two exchanges fiercely compete for corporate listings, from courting initial public offerings to luring companies already listed on their rival exchanges.
    • TD Ameritrade will be the 27th listing transfer to Nasdaq this year, while only three listings have switched to the NYSE so far in 2015.
    • Previously: Nasdaq wins some business from NYSE (Dec. 01 2015)
    | Dec. 2, 2015, 2:49 AM | 1 Comment
  • Dec. 1, 2015, 9:43 AM
    • TD Ameritrade (NYSE:AMTD) will transfer the listing of its common stock to the Nasdaq (NASDAQ:NDAQ) from the NYSE (NYSE:ICE), and expects to begin trading in its new home on Dec. 14.
    | Dec. 1, 2015, 9:43 AM
  • Oct. 26, 2015, 10:23 AM
    • Reportedly outbidding Markit (MRKT -0.6%) and Nasdaq OMX (NDAQ +0.1%), ICE (ICE +1.2%) agrees to buy Interactive Data from its P-E owners for $5.2B - $3.65B in cash and $1.55B of ICE stock.
    • The deal is expected to close this year, and apparently eliminates the chance of an IPO for the company.
    • ICE expects adjusted earnings accretion of roughly 5% in year one, with expense synergies of $150M mostly completed in the first three years.
    • A conference call is set for 8:30 ET on Wednesday.
    | Oct. 26, 2015, 10:23 AM
  • Oct. 23, 2015, 10:41 AM
    • In an interesting move coming alongside its earnings results yesterday, Nasdaq (NASDAQ:NDAQ) announced its purchase of SecondMarket Solutions, which operates a marketplace for trading private company stock.
    • Nasdaq, of course, is the spot for tech IPOs, and this move follows its launch earlier this year of Nasdaq Private Market, a unit designed to help private companies raise capital.
    • SecondMarket CEO Bill Siegel will continue to be in charge of the business, and the entire SecondMarket team is coming along.
    • Previously: NASDAQ beats by $0.02, beats on revenue (Oct. 22)
    | Oct. 23, 2015, 10:41 AM | 1 Comment
  • Oct. 22, 2015, 7:02 AM
    • NASDAQ (NASDAQ:NDAQ): Q3 EPS of $0.88 beats by $0.02.
    • Revenue of $529M (+6.4% Y/Y) beats by $2.82M.
    | Oct. 22, 2015, 7:02 AM
  • Oct. 21, 2015, 5:30 PM
    | Oct. 21, 2015, 5:30 PM | 25 Comments
  • Jul. 26, 2015, 7:39 AM
    • Deutsche Borse (OTCPK:DBOEY) is buying Germany-based foreign exchange trading platform 360T for €725M, in a bid to expand its business in the $5.3T-a-day currency trading market.
    • The announcement wraps up an auction which saw CME Group (NASDAQ:CME) and Nasdaq OMX (NASDAQ:NDAQ) also compete for the forex trading venue.
    • Deutsche Borse expects double-digit million euro revenue synergies in the medium-term from the deal and plans to finance the acquisition via a combination of debt and equity.
    | Jul. 26, 2015, 7:39 AM
  • Jul. 23, 2015, 7:16 AM
    • NASDAQ (NASDAQ:NDAQ) declares $0.25/share quarterly dividend, in line with previous.
    • Forward yield 1.93%
    • Payable Sept. 25; for shareholders of record Sept. 11; ex-div Sept. 9.
    | Jul. 23, 2015, 7:16 AM
  • Jul. 23, 2015, 7:03 AM
    • NASDAQ (NASDAQ:NDAQ): Q2 EPS of $0.83 beats by $0.03.
    • Revenue of $518M (-1.0% Y/Y) beats by $4.37M.
    | Jul. 23, 2015, 7:03 AM
  • Jul. 23, 2015, 2:44 AM
    • Under an unusual partnership of rivals, the New York Stock Exchange (NYSE:ICE) and Nasdaq OMX (NASDAQ:NDAQ) are planning an agreement to back up each other's closing auctions in the event of an outage similar to the nearly four-hour trading halt at NYSE earlier this month.
    • The closing auction is perhaps the most valuable part of the day for many institutional investors because it sets important benchmark prices for stocks and is a good time to execute large orders.
    | Jul. 23, 2015, 2:44 AM
Company Description
Nasdaq, Inc. is a holding company. It delivers trading, clearing, exchange technology, regulatory, securities listing and public company services across six continents. The company's global offerings include trading and clearing house across multiple asset classes, market data products,... More
Sector: Financial
Industry: Diversified Investments
Country: United States