This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

CME Group Interested in Merger with Deutsche Boerse: Hot Trends

NEW YORK ( TheStreet) -- Popular searches on the Internet include CME Group (CME - Get Report) as the futures exchange is said to be interested in merging with Deutsche Boerse AG.

Shares in Deutsche Boerse surged 10% on the news.

According to a report by Bloomberg, CME Group contacted the Frankfurt-based exchange about a potential merger, but Deutsche Boerse is hesitant to enter formal discussions. Duetsche Boerse CEO Reto Francioni said last week that the exchange would be focusing primarily on growing on its own, but would remain open to joint ventures.

A merger between the two would combine the largest futures exchanges in the U.S. and Europe.


Barnes & Noble (BKS - Get Report) is trending after the retailer's chairman, Leonard Riggio, said he plans to bid for the company's retail assets.

Riggio told the company's board that he plans to buy Barnes & Noble Booksellers Inc. as well as its Web site. Riggio does not plan on bidding for the Nook e-reader business.

Shares of Barnes & Noble rose as much as 26% on the news.

Riggio already owns nearly 30% of Barnes & Noble. In a regulatory filing, he said the purchase would comprise mainly of cash and the assumption of some debt.

The company has set up a committee to consider Riggio's proposal.

Barnes & Noble's retail business has struggled as more and more customers turn to e-readers and books in digital formats.


Lowe's (LOW - Get Report) is another popular search. The home-improvement chain reported fourth-quarter results that beat analysts' estimates, helped by consumers looking to repair their homes after incurring damage from Hurricane Sandy.

Lowe's reported net income of $288 million, or 26 cents a share, in the quarter, compared with $322 million, or 26 cents a share, a year ago.

Analysts had been expecting a profit of 23 cents a share.

Looking ahead to the full year, Lowe's predicted earnings of about $2.05 a share, below analysts' expectations of $2.09 a share. The company also forecast total sales for the year rising 4%, while analysts had expected a 3% rise.
1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG
BKS $26.45 0.84%
CME $95.90 -1.10%
LOW $69.71 1.20%
TSLA $267.01 0.08%
YHOO $37.24 -0.49%

Markets

Chart of I:DJI
DOW 17,760.95 +14.97 0.08%
S&P 500 2,111.64 +3.01 0.14%
NASDAQ 5,143.9860 +15.2010 0.30%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs