CBOE Holdings News
Higher expenses and currency fluctuations may hamper Visa's (V) second-quarter fiscal 2014 earnings, releasing on Apr 24.
Higher expense, minimal synergies from the latest acquisitions and higher leverage lower our expectations on Total System this earnings season.
Dozens of the largest U.S. stock exchanges, brokerages and high-frequency trading firms were hit with a class action lawsuit by the capital of the state of Rhode Island, accusing them of manipulating the U.S. securities markets. The lawsuit was filed on Friday in Manhattan federal district court, as the high-speed trading industry came under greater scrutiny following the publication last month of author Michael Lewis' book "Flash Boys: A Wall Street Revolt." A number of regulators have said they are probing the industry, including the Justice Department, Securities and Exchange Commission and Commodities Futures Exchange Commission. The proposed securities class action was brought by the city of Providence, Rhode Island, on behalf of investors who bought stock in the United States from April 2009 to present.
Any definite conclusion is difficult to make ahead of American Express (AmEx) earnings on Apr 16.
Is another surge in stock market fear and volatility ahead? Will you be ready when it happens? “Public psychology is the most important single factor in shaping security markets,” said Gerald Loeb. Loeb ...