Edition:
United States

Intercontinental Exchange Inc (ICE.N)

ICE.N on New York Stock Exchange

56.65USD
2 Dec 2016
Change (% chg)

$0.30 (+0.53%)
Prev Close
$56.35
Open
$56.39
Day's High
$56.74
Day's Low
$56.00
Volume
785,240
Avg. Vol
668,771
52-wk High
$58.70
52-wk Low
$45.45

Latest Key Developments (Source: Significant Developments)

Intercontinental Exchange Q2 adjusted earnings per share $3.43
Wednesday, 3 Aug 2016 07:30am EDT 

Intercontinental Exchange Reports Seventh Consecutive Quarter Of Double Digit earnings growth : Q2 gaap earnings per share $2.98Q2 adjusted earnings per share $3.43 . Q2 earnings per share view $3.38 -- Thomson Reuters I/B/E/S . Q2 revenue $1.1 billion . Board approved pursuing a 5-for-1 stock split . Board approved pursuing a new $1 billion share repurchase program . $572 million . Sees 2016 data services revenue up 6-7% on a pro forma basis . Gaap operating expenses $485-$495 million . Intercontinental exchange inc sees 2016 expense synergies about $100 million . Trading and clearing segment revenues were $527 million in q2 2016, up 9% . Gaap operating expenses $1.94-$1.97 billion . $2.30 billion .Q2 revenue view $1.12 billion -- Thomson Reuters I/B/E/S.  Full Article

Intercontinental Exchange announces sale of voice brokerage ops of Creditex to Tullett Prebon
Friday, 29 Jul 2016 11:12am EDT 

Intercontinental Exchange Inc : Intercontinental Exchange Inc says terms of transaction were not disclosed and transaction is subject to FINRA approval . Intercontinental Exchange announces agreement for the sale of the voice brokerage operations of Creditex to Tullett Prebon .Will retain electronically traded markets and systems, post-trade connectivity platforms, intellectual property of Creditex.  Full Article

CME Group Q2 adjusted earnings per share $1.14
Thursday, 28 Jul 2016 07:00am EDT 

CME Group Inc : Second-Quarter 2016 average daily volume was 15.1 million contracts, up 13 percent from second-quarter 2015 . Qtrly clearing and transaction fee revenue was $768 million, up 13 percent compared with second-quarter 2015 . Qtrly market data revenue was $103 million, up slightly compared with q2 last year. . Q2 earnings per share view $1.11, revenue view $911.9 million -- Thomson Reuters I/B/E/S . Second-Quarter 2016 total average rate per contract was 78.2 cents, up from 75.6 cents in first-quarter 2016 . Quarter 2016 financial results . Q2 adjusted earnings per share $1.14 . Q2 earnings per share $0.95 . Q2 revenue $906 million . Q2 earnings per share view $1.11 -- Thomson Reuters I/B/E/S . Q2 market data revenue was $103 million, up slightly compared with q2 last year .Second-Quarter 2016 total average rate per contract was 78.2 cents, up from 75.6 cents in first-quarter 2016.  Full Article

ICE to acquire majority stake in Merscorp Holdings
Friday, 17 Jun 2016 08:30am EDT 

Intercontinental Exchange Inc : In addition, ICE and MERS have entered into a software development agreement to modernize and enhance MERS system . Expected to shift its operation to an ICE data center in first half of 2018 . Price and terms of transaction are immaterial to ICE, and were not disclosed . Under agreements, ICE will rebuild MERS system infrastructure . ICE will acquire a majority equity position in Merscorp Holdings .ICE to acquire majority equity interest in MERS and build updated mortgage registry infrastructure.  Full Article

UK's CMA publishes initial submission from ICE on Trayport deal
Wednesday, 15 Jun 2016 11:32am EDT 

UK's CMA : Intercontinental Exchange makes initial submission to CMA . ICE’s rationale for Trayport acquisition, future plans for Trayport are entirely inconsistent with theory of harm . ICE submission mentions it is possible to identify a number of core market features . Submission mentions identifying core market features enough to rule out having ability, incentive to pursue a foreclosure strategy using Trayport .ICE's submission mentions "there is no horizontal competition between ICE and Trayport".  Full Article

UK's CMA to refer Intercontinental's Trayport deal for further investigation
Thursday, 26 May 2016 07:41am EDT 

UK'S CMA :Decided to refer Intercontinental's Trayport acquisition for a phase 2 investigation.  Full Article

InterContinental Exchange Inc says no current intention to make an offer for LSEG - Reuters
Wednesday, 4 May 2016 07:36am EDT 

InterContinental Exchange Inc:InterContinental Exchange statement regarding no intention to make an offer for London Stock Exchange Group Plc - Reuters.Co determined there was insufficient engagement to confirm potential market, shareholder benefits of a combination.ICE has confirmed that it has no current intention to make an offer for LSEG.  Full Article

Intercontinental Exchange Inc says to acquire Standard & Poor'S Securities Evaluations, Inc and credit market analysis from McGraw Hill Financial
Tuesday, 1 Mar 2016 04:15pm EST 

Intercontinental Exchange Inc:To acquire standard & poor's securities evaluations, inc. and credit market analysis from McGraw Hill Financial.Says all other terms of the agreement were not disclosed.All other terms of the agreement were not disclosed.ICE can elect to satisfy payment of purchase price due at the close of the transaction in either cash or shares of ice's common stock.  Full Article

Intercontinental Exchange increases quarterly dividend 13% to $0.85 per share
Thursday, 4 Feb 2016 08:13am EST 

Intercontinental Exchange Inc:Announced its first quarter dividend will be $0.85 per share, up 13% from $0.75 per share in the fourth quarter of 2015.Expects the annual dividend for 2016 to be $3.40 per share, subject to quarterly board authorization.First quarter dividend is payable on March 31, 2016, to shareholders of record as of March 16, 2016.  Full Article

Intercontinental Exchange Inc announces secondary offering by selling stockholders
Wednesday, 16 Dec 2015 05:25pm EST 

Intercontinental Exchange Inc:Announces secondary offering by selling stockholders.Says intend to offer for sale in an underwritten secondary offering 5.7 mln shares of ICE'S common stock.  Full Article

BRIEF-Intercontinental Exchange appoints Lee Yi Shyan chairman of ICE Futures Singapore

* Intercontinental exchange announces appointment of lee yi shyan as chairman of ICE Futures Singapore and ICE Clear Singapore