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The NASDAQ OMX Group, Inc. (NDAQ)

  • Thu, Apr. 23, 1:23 PM
    • Non-GAAP diluted EPS of $0.80 up 2.6% from a year ago.
    • $30M shares repurchased during the quarter, totaling $208M during the last four quarters. The board hiked its quarterly dividend by 67% to $0.25.
    • Market Services revenue (37% of total) of $188M down from $208M a year ago.
    • Derivatives revenue (9% of total) of $46M down $10M Y/Y driven by lower average net capture and industry volumes in U.S. options.
    • Cash equities revenue (11% of total) of $59M up $2M Y/Y due to higher U.S. cash equity average capture and European industry volumes.
    • Access and Broker Services revenue (12% of total) of $59M down $1M Y/Y.
    • Information Services revenue (25% of total) of $125M up from $123M.
    • Non-GAAP Operating expense guidance lowered to $1.085B-$1.11B from $1.12B-$1.15B due to restructuring program and forex.
    • NDAQ +1.8%.
    • Previously: NASDAQ beats by $0.02, misses on revenue
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  • Thu, Apr. 23, 7:41 AM
    • NASDAQ (NASDAQ:NDAQ) declares $0.25/share quarterly dividend, 66.7% increase from prior dividend of $0.15.
    • Forward yield 2.05%
    • Payable June 26; for shareholders of record June 12; ex-div June 10.
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  • Thu, Apr. 23, 7:08 AM
    • NASDAQ (NASDAQ:NDAQ): Q1 EPS of $0.80 beats by $0.02.
    • Revenue of $507M (-4.2% Y/Y) misses by $9.59M.
    • Press Release
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  • Tue, Apr. 14, 7:15 PM
    • Goldman Sachs offers three criteria on how to pick stocks to short: Look for individual stocks with high valuations that have a tendency to underperform; take hints from mutual funds as they do a good job of selecting shorts; and look for stocks that are likely to move on company-specific factors and are less prone to moving with general market and sector trends.
    • Among the overvalued stocks Goldman thinks could drop are CELG, ORLY and RHT; stocks underweight by mutual funds that could fall are HST, CTL and EQR; and likely to deviate from the broad market and their sectors are KLAC, JEC and COH.
    • Rounding out Goldman's 19 stock recommendations that could reward short sellers: ARG, DO, DISCA, FLS, KSS, MOS, NDAQ, NVDA, TDC, WU.
  • Wed, Apr. 8, 8:22 AM
    • Under the partnership, Nasdaq (NASDAQ:NDAQ) will assume responsibility for the calculation, dissemination, and commercialization of KBW's (NYSE:SF) indexes, and will work with KBW to promote the products and benchmarks globally.
    • The previously named KBW indexes will now be named KBW Nasdaq.
    • Source: Press Release
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  • Thu, Mar. 26, 6:53 AM
    • Borse Dubai has no "current intention" to sell its stake in Nasdaq OMX Group (NASDAQ:NDAQ), a company spokesman said today.
    • The company earlier confirmed it had sold its complete 17.4% stake in the London Stock Exchange (OTCPK:LDNXF).
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  • Tue, Mar. 24, 4:02 AM
    • Nasdaq OMX (NASDAQ:NDAQ) has agreed to provide New York-based startup Noble Markets with its X-stream trading system (used by more than 30 exchanges and marketplaces worldwide) to power a marketplace for trading Bitcoins (COIN, OTCQB:BTCS) and related digital-currency assets, WSJ reports.
    • The agreement follows other Wall Street initiatives that could pave the way for financial institutions to own and trade digital currencies, including the NYSE's recent investment in Bitcoin exchange Coinbase.
  • Wed, Mar. 11, 4:02 PM
    • Nasdaq OMX (NASDAQ:NDAQ) has secured support from the likes of ABN AMRO, Advantage Futures, Goldman Sachs, JPMorgan, Morgan Stanley, and Virtu Financial.
    • "Our strategy is always to meet demand where competition is lacking, and our global benchmark product suite will provide commodity market participants across the planet with a new solution to meet their trading and hedging needs," says President Hans-Ole Jochumsen.
    • Nasdaq Futures is expected to launch mid-2015, pending regulatory approval.
    • Source: Press Release
    | 1 Comment
  • Thu, Jan. 29, 7:22 AM
    • NASDAQ (NASDAQ:NDAQ) declares $0.15/share quarterly dividend, in line with previous.
    • Forward yield 1.33%
    • Payable March 27; for shareholders of record March 13; ex-div March 11.
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  • Thu, Jan. 29, 7:16 AM
    • NASDAQ (NASDAQ:NDAQ): Q4 EPS of $0.75 beats by $0.01.
    • Revenue of $517M (-0.6% Y/Y) misses by $4.32M.
    • Press Release
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  • Wed, Jan. 28, 5:30 PM
  • Mon, Jan. 19, 2:22 AM
    • As Japan’s exchange operators look to attract more foreign investors and integrate existing exchanges, Japan Exchange Group (OTC:JPXGY) has signed a deal with Nasdaq (NASDAQ:NDAQ) for a new trading platform that will begin operations this year.
    • The platform will provide real-time market surveillance and pre-trade risk-management technology for the group’s derivatives bourse, the Osaka Exchange.
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  • Mon, Jan. 12, 2:38 AM
    • Nasdaq OMX (NASDAQ:NDAQ) has approached several big banks with a proposal to take over their dark pools, and plans to seek regulatory permission to do so, WSJ reports.
    • Despite coming under increased scrutiny, dark pools have seen a jump in trading volume as brokers seek to avoid high fees on traditional exchanges.
    • Nasdaq CEO Robert Greifeld says the new initiative is in response to the needs of the company’s customers and not a strategic change.
    • Three largest dark pool operators in the U.S.: UBS (NYSE:OUBS), Credit Suisse (NYSE:CS) and Deutsche Bank (NYSE:DB).
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  • Mon, Jan. 5, 8:15 AM
    • Dorsey, Wright & Associates is a market leader in data analytics, passive indexing and smart beta strategies, says Nasdaq (NASDAQ:NDAQ). The deal is expected to close in Q1. The purchase price is $225M.
    • The combined group will bring together DWA's 17 ETFs and Nasdaq's 69 licenses smart-beta ETFs focused mostly on dividend and income strategies, and Nasdaq Global Indexes will have nearly $45B in assets benchmarked to its family of Smart Beta indexes, and more than $105B to all Nasdaq indexes.
    • Source: Press Release
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  • Mon, Jan. 5, 2:50 AM
    • Pushing further into indexing and the growing market for exchange traded funds, Nasdaq (NASDAQ:NDAQ) has purchased U.S. index provider and analytics group Dorsey Wright for $225M.
    • As exchange profits from traditional stock trading remain under pressure, funds have been moving from active investment management to more passive strategies, such as ETFs.
    • As a result, exchanges have been boosting ties to index providers as licensing of data offers new sources of growth.
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  • Dec. 8, 2014, 7:58 AM
    • KBW rolls out of CME Group (NASDAQ:CME) and into Nasdaq OMX (NASDAQ:NDAQ), downgrading the former to Market Perform while upgrading the latter to Outperform.
    • NDAQ is higher by 17.5% Y/Y, while CME group is ahead 11%.
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Company Description
NASDAQ OMX Group, a provider of trading, clearing, exchange technology, regulatory, securities listing, information and public company services across six continents.