2/09/2009

Credit derivatives: CDS clearing hits a territorial bump

Today's Seven Summits Strategic Investments NewsBites cover the following stocks: Baidu, Inc. (Nasdaq: BIDU), NYSE Euronext, Inc. based NYSE Euronext. 2) NYSE Euronext reported earnings a bit below expectations ($0.52 vs. $0.55). NYSE EuroNext's (NYX) earnings confessional is another sore spot for a few bulls. 66.8** 9.6 6. Nasdaq OMX Group (NDAQ.O) 5.05 -38.9 11.8 7. Mr. Richard Homburg, Chairman and CEO of Homburg Invest Inc. NYSE Euronext (NYX) is down 7 percent after reporting quarterly earnings of 55 cents, which missed Street estimates by 3 cents. NYSE Euronext (NYSE: NYX) swung to a $1.3 billion loss after writing down the value of Euronext. NYSE Euronext (NYX) posted adjusted earnings of $0.52 per share for its latest quarter. That was $0.0.3 less than analysts expected. NYSE Euronext said Monday it will maintain its current quarterly dividend of 30 cents per share. line. NYSE Euronext subsidiary Liffe launched its CCP initiative in December, the first in Europe.

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