CME Group Inc(NASDAQ:CME) announced the earnings results for Fiscal Year 2016 and Q2. The results came in during Pre-market on Jul 28, 2016. Company reported revenue of $906.40M. Analysts estimated a revenue of $912.29M. Earnings per share were $1.14. Analysts had estimated an EPS of $1.11.
In a different note, On Jul 14, 2016, CLSA said it Maintains its rating on CME Group Inc. In the research note, the firm Raises the price-target to $95.00 per share. The shares have been rated ‘Underperform’ by the firm. Sterne Agee CRT said it Initiates Coverage on CME Group Inc, according to a research note issued on May 20, 2016. The shares have been rated ‘Neutral’ by the firm. Buckingham Research said it Initiates Coverage on CME Group Inc, according to a research note issued on May 3, 2016. The shares have been rated ‘Buy’ by the firm.
CME Group Inc (CME) made into the market gainers list on Thursdays trading session with the shares advancing 0.09% or 0.09 points. Due to strong positive momentum, the stock ended at $103.36, which is also near the day’s high of $103.69. The stock began the session at $103.5 and the volume stood at 9,88,123 shares. The 52-week high of the shares is $103.91 and the 52 week low is $81.87. The company has a current market capitalization of $35,002 M and it has 33,86,42,960 shares in outstanding.
Several Insider Transactions has been reported to the SEC. On Jul 19, 2016, James E Oliff (director) sold 1,000 shares at $102.30 per share price.Also, On Jul 1, 2016, Kimberly S Taylor (Sr MD Pres Gl Ops Tech & Risk) sold 2,300 shares at $96.55 per share price.On Jun 30, 2016, Phupinder Gill (CEO) sold 31,120 shares at $93.14 per share price, according to the Form-4 filing with the securities and exchange commission.
CME Group Inc.is the holding company for Chicago Mercantile Exchange Inc. CBOT New York Mercantile Exchange Inc. (NYMEX) Commodity Exchange Inc. (COMEX) and their respective subsidiaries as well as CME Clearing Europe Limited (CMECE) and CME Europe Limited (CME Europe). The Company also clear futures options on futures and swaps contracts through its two clearing organizations: CME Clearing which is a division of CME and CMECE. The Company offers its customers the opportunity to trade futures contracts and options on futures contracts on a range of products including those -based on interest rates equities foreign exchange agricultural commodities energy and metals. It also clear swaps contracts on a range of products including those -based on interest rates credit default foreign exchange agricultural commodities energy and metals. Its exchange consists of designated contract markets for the trading of futures and options on futures contracts.