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
TheStreet Open House

CME Group Interested in Merger with Deutsche Boerse: Hot Trends

NEW YORK ( TheStreet) -- Popular searches on the Internet include CME Group (CME) 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) 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) 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

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

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
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

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

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, 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
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

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

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 17,031.14 +43.63 0.26%
S&P 500 1,984.13 -1.41 -0.07%
NASDAQ 4,518.9020 -48.6960 -1.07%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs