Aktie mit neuem Hoch...
ichart.finance.yahoo.com/z?s=CME&t=2y&q=c&l=on&z=m&a=v&p=s" style="max-width:560px" >
CME ponders using cash for acquisitions - CEO
Mon Sep 26, 2005 10:03 AM ET
By Lucy Hornby
SHANGHAI, Sept 26 (Reuters) - The Chicago Mercantile Exchange Holdings Inc. (CME.N: Quote, Profile, Research) , parent of the largest futures exchange in the United States, could use its ample cash reserves for acquisitions, the exchange's chief executive said on Monday.
The exchange's growth plans include "non-organic growth through selective mergers and acquisitions", Craig Donohue said.
The firm, which according to market and media speculation is eyeing stakes in the Chicago Board of Trade or the Chicago Board Options Exchange, reported working capital of $809 million as of June 30 -- seen as a nest egg for an acquisition.
The exchange is chalking up record trading volumes, which boosted its second-quarter profit by 43 percent and persisted into the current quarter.
"We feel at the moment we have six potential opportunities in the market," the executive said, declining to specify the candidates.
"One of the reasons why we decided to mutualise and become a publicly listed company is that we felt that these markets globally were going to continue to consolidate," he told reporters in Shanghai, where his exchange was sponsoring a derivatives forum.
"We think we are very well positioned to help effectuate that consolidation."
The company's stock reached a historic high last week on talk the CME would acquire a stake in one of two rival exchanges in Chicago. They last traded at $326.60, down from their peak of $332.17 a share on Thursday.
Daily trading volume has continued to climb since averaging a record 4.4 million contracts per day in the second quarter.
Volume hit a record 10.7 million contracts on Sept. 1, after averaging 3.7 million contracts in July and August, as soaring energy prices and interest rate changes boosted trading.
But lower average fees per transaction caused the CME's second-quarter earnings to fall short of analysts' targets.
"We have a very scaleable business model. The volume levels are much higher and tend to significantly offset the decline in the rate per contract," Donohue told Reuters, while declining to give a forecast for earnings in this quarter.
"Most of the growth that we are experiencing overall is just attributable to the globalisation of our business through electronic trading, and we are hopeful that we can continue to grow... That's our job."
© Reuters 2005. All Rights Reserved.
Chicago Mercantile Exchange übertrifft Erwartungen
26.04.2005 18:37:00
Die Chicago Mercantile Exchange Holdings Inc., die Muttergesellschaft der größten US-Futures-Börse, konnte ihren Umsatz und Gewinn im ersten Quartal 2005 deutlich steigern.
Wie das Untenehmen am Dienstag bekannt gab, kletterte der Nettogewinn von 46,1 Mio. Dollar oder 1,35 Dollar je Aktie im Vorjahresquartal auf 70,9 Mio. Dollar bzw. 2,04 Dollar pro Aktie. Analysten hatten mit einem EPS von 1,93 Dollar gerechnet. Ferner wuchsen die Umsatzerlöse um 29 Prozent auf 214 Mio. Dollar.
Für das laufende zweite Quartal rechnen Analysten mit einem EPS von 2,12 Dollar und Erlösen in Höhe von 226 Mio. Dollar.
Die Aktie notierte in New York zuletzt bei 190,70 Dollar.
CME ponders using cash for acquisitions - CEO
Mon Sep 26, 2005 10:03 AM ET
By Lucy Hornby
SHANGHAI, Sept 26 (Reuters) - The Chicago Mercantile Exchange Holdings Inc. (CME.N: Quote, Profile, Research) , parent of the largest futures exchange in the United States, could use its ample cash reserves for acquisitions, the exchange's chief executive said on Monday.
The exchange's growth plans include "non-organic growth through selective mergers and acquisitions", Craig Donohue said.
The firm, which according to market and media speculation is eyeing stakes in the Chicago Board of Trade or the Chicago Board Options Exchange, reported working capital of $809 million as of June 30 -- seen as a nest egg for an acquisition.
The exchange is chalking up record trading volumes, which boosted its second-quarter profit by 43 percent and persisted into the current quarter.
"We feel at the moment we have six potential opportunities in the market," the executive said, declining to specify the candidates.
"One of the reasons why we decided to mutualise and become a publicly listed company is that we felt that these markets globally were going to continue to consolidate," he told reporters in Shanghai, where his exchange was sponsoring a derivatives forum.
"We think we are very well positioned to help effectuate that consolidation."
The company's stock reached a historic high last week on talk the CME would acquire a stake in one of two rival exchanges in Chicago. They last traded at $326.60, down from their peak of $332.17 a share on Thursday.
Daily trading volume has continued to climb since averaging a record 4.4 million contracts per day in the second quarter.
Volume hit a record 10.7 million contracts on Sept. 1, after averaging 3.7 million contracts in July and August, as soaring energy prices and interest rate changes boosted trading.
But lower average fees per transaction caused the CME's second-quarter earnings to fall short of analysts' targets.
"We have a very scaleable business model. The volume levels are much higher and tend to significantly offset the decline in the rate per contract," Donohue told Reuters, while declining to give a forecast for earnings in this quarter.
"Most of the growth that we are experiencing overall is just attributable to the globalisation of our business through electronic trading, and we are hopeful that we can continue to grow... That's our job."
© Reuters 2005. All Rights Reserved.
Chicago Mercantile Exchange übertrifft Erwartungen
26.04.2005 18:37:00
Die Chicago Mercantile Exchange Holdings Inc., die Muttergesellschaft der größten US-Futures-Börse, konnte ihren Umsatz und Gewinn im ersten Quartal 2005 deutlich steigern.
Wie das Untenehmen am Dienstag bekannt gab, kletterte der Nettogewinn von 46,1 Mio. Dollar oder 1,35 Dollar je Aktie im Vorjahresquartal auf 70,9 Mio. Dollar bzw. 2,04 Dollar pro Aktie. Analysten hatten mit einem EPS von 1,93 Dollar gerechnet. Ferner wuchsen die Umsatzerlöse um 29 Prozent auf 214 Mio. Dollar.
Für das laufende zweite Quartal rechnen Analysten mit einem EPS von 2,12 Dollar und Erlösen in Höhe von 226 Mio. Dollar.
Die Aktie notierte in New York zuletzt bei 190,70 Dollar.
&zeitraum=5&kx=s&bname=&save_presets=0&ind_news_art=&zoom.x=0&zeitvon=0&bis=1169535002.59121&zeitbis=&ind_volume=ON&cookies=HASH(0xafda3a8)&boerse_id=21&go=upper&von=0&banner_ref=HASH(0xaa57588)&req_host=www.ariva.de&b=0)
