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Stock Market & Financial Investment News

News Breaks
March 24, 2014
07:49 EDTICENYFIX founders look to enhance bid for certain NYSE assets
The press has reported that Intercontinental Exchange Group recently hired investment bank Evercore Partners to sell certain technology and business assets operated by NYSE Technologies. A significant component of the NYSE Technologies portfolio up for divesture is the “NYFIX Marketplace” or “NYFIX Network.” Today NYFIX’s founders and the management team that successfully grew and operated these assets for 15 years ending in 2006, announced their interest in potentially teaming with one of the bidders for these assets. The founding NYFIX management team includes Peter Kilbinger Hansen, NYFIX CEO and Chairman from 1991 to 2006; Lars Kragh, NYFIX co-founder and CIO from 1991 to 2006, who developed of all of NYFIX’s principal technologies; Keith Jamaitis, NYFIX’s COO and President until 2006; and several other former NYFIX leaders. "While committed to continue to support our current business interests, we can add specific strategic value, and help mitigate risks in the transition process, and offer specific subject matter expertise and tenured experience available to management to add leverage to candidates considering the acquisition of one or more of the NYFIX-related NYSE Technologies assets."
News For ICE From The Last 14 Days
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December 18, 2014
07:56 EDTICENYSE says raised $182B in 545 transactions in 2014
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06:17 EDTICEIntercontinentalExchange wants to revamp U.S. stock market, WSJ reports
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December 11, 2014
07:24 EDTICEIntercontinentalExchange not currently planning to sell NYSE, Reuters reports
Intercontinental Exchange CEO Jeffrey Sprecher said there are no immediate plans to sell the New York Stock Exchange, Reuters reports, citing comments made at a Goldman Sachs conference. Sprecher said the NYSE could have the fastest EPS growth of all the businesses ICE operates, and expects it will become more profitable as a result of ongoing restructuring. Reference Link
December 9, 2014
16:19 EDTICEAMD announces move to NASDAQ
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December 8, 2014
15:08 EDTICEIntercontinentalExchange sees EUR 96.8M proceeds from sale of Euronext stake
Intercontinental Exchange announced the pricing of the placement of 4.2M shares in Euronext, representing approximately 6% of Euronext’s share capital, by way of an accelerated book-building to institutional investors. The gross proceeds to ICE from the sale amount to EUR 96.8M. Following the sale, which is expected to close on December 11, ICE will no longer hold any of Euronext’s shares or voting rights and the transaction marks the final exit from Euronext by ICE initiated in 2014, the company said.
11:41 EDTICEIntercontinentalExchange to sell remaining shares in Euronext
Intercontinental Exchange announced its intention to sell approximately 4.2M shares in Euronext N.V., representing approximately 6% of Euronext’s share capital, by way of an accelerated book-building to institutional investors. Following the sale, assuming all shares are sold, ICE will no longer hold any of Euronext’s share capital and voting rights. This transaction marks the final exit from Euronext by ICE, in line with its previously announced strategy. ICE received a waiver of the lock-up agreement entered into at the time of the Euronext initial public offering in June 2014, which was due to expire on December 21. The shares will be offered by way of a private placement to institutional investors. The book-building will commence immediately. ICE reserves the right to close the books at short notice. Pricing and allocations will be determined at the conclusion of the offering and are expected to be announced in a separate press release.
December 5, 2014
10:00 EDTICEOn The Fly: Analyst Downgrade Summary
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06:15 EDTICEIntercontinentalExchange downgraded to Neutral from Buy at Citigroup
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