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CBOE Buying Bats Makes Sense, Just Not Strategically
Tuesday, September 27, 2016 - 10:27am | 372Read More...CLSA does not believe CBOE Holdings, Inc (NASDAQ: CBOE) acquiring Bats Global Markets Inc (BATS: BATS) for $32.50 a share would fit strategically, although the acquisition makes sense. Therefore, the firm has an Underperform rating and a price target of $68 on the company's stock. While pointing...
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What A Management Change Could Mean For E*Trade Financial
Thursday, September 15, 2016 - 4:31pm | 396Read More...CLSA said the recent CEO change at E*TRADE Financial Corp (NASDAQ: ETFC) suggests there is no sale of the company in the cards for the time being. The firm reiterated its Outperform rating on the shares. E*Trade unveiled several top-level executive changes Monday, including the ouster of Chief...
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NYX Achieves Cost Reductions, Competitive Pressure Stabilizes
Wednesday, February 10, 2010 - 3:47pm | 138Read More...Analyst Rob Rutschow of CLSA upgrades NYSE Euronext (NYSE: NYX) from "underperform" to "outperform," while raising his estimates for the company. The target price for NYX has been raised from $26 to $27. According to CLSA, NYSE Euronext has made considerable progress in consolidating platforms and...
