Top Logistics Stocks To Watch For 2015

Top Logistics Stocks To Watch For 2015: Intercontinentalexchange Group Inc (ICE)

IntercontinentalExchange Group, Inc., incorporated on March 6, 2013, is a network of regulated exchanges and clearing houses for financial and commodity markets. The Company delivers transparent and accessible data, technology and risk management services to markets around the world through its portfolio of exchanges, including the New York Stock Exchange, ICE Futures, Liffe and Euronext. In February 2014, Intercontinentalexchange Group Inc completed the acquisition of Singapore Mercantile Exchange.

In November 2013, the Company announced the acquisition of NYSE Euronext. In November 2013, Financial Technologies (India) Ltd announced that Financial Technologies Singapore Pte. Ltd., a wholly owned subsidiary of Financial Technologies (India) Ltd., sold its ownership in SMX (together with its wholly owned subsidiary SMX CC) to ICE Singapore Holdings Pte. Ltd., an entity owned by the Intercontinentalexchange Group Inc.

Advisors' Opinion:

• [By Matt Egan]

  IntercontinentalExchange (ICE), which owns NYSE, didn't get much of a bump from the news. Its shares were slightly higher. Nasdaq OMX Group (NDAQ)actually rose more than 1% despite losing out on Alibaba.

• [By Jayson Derrick]

  Analysts at Barclays maintained an Overweight rating on IntercontinentalExchange Group (NYSE: ICE) with a price target lowered to $234 from a previous $239. Shares lost 2.78 percent, closing at $196.55.

• [By Ben Levisohn]

  Shares of Nasdaq OMX Group (NDAQ) have dropped 3% to $35.84 at 2:42 p.m. today, while IntercontinentalExchange (ICE) has fallen 2.1% to $193.69 and CME Group (CME) is off 2% at $72.53.

source from Top Stocks For 2015:http://www.topstocksblog.com/top-logistics-stocks-to-watch-for-2015-2! .html