Toronto, Ontario--(Newsfile Corp. - April 16, 2025) - Joey St-Aubin, President and Chief Executive Officer, Canlan Ice Sports Corp. (TSX: ICE) ("Canlan Sports" or the "Company"), joined Rob Peterman, Chief Commercial Officer, Toronto Stock Exchange ("TSX"), to open the market to celebrate the Company's 35th anniversary of being listed on TSX.Cannot view this video? Visit:https://www.youtube.com/watch?v=JshB2upSg-UCanlan Sports is North America's leading owner, operator in the multi-sport recreation sector, ...

Core Viewpoint - IntercontinentalExchange (ICE) has received a Zacks Rank 2 (Buy) upgrade, indicating a positive outlook based on rising earnings estimates, which are a significant factor influencing stock prices [1][3]. Earnings Estimates and Stock Price Movement - The Zacks rating system emphasizes the correlation between changes in earnings estimates and stock price movements, suggesting that revisions in earnings estimates can lead to significant price changes [4][6]. - For ICE, the increase in earnings estimates reflects an improvement in the company's underlying business, which is expected to drive the stock price higher [5][10]. Earnings Estimate Revisions for ICE - For the fiscal year ending December 2025, ICE is projected to earn $6.83 per share, representing a 12.5% increase from the previous year's reported figure [8]. - Over the past three months, the Zacks Consensus Estimate for ICE has risen by 2.4%, indicating a positive trend in earnings expectations [8]. Zacks Rating System - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with only the top 20% receiving a 'Strong Buy' or 'Buy' rating, highlighting their potential for market-beating returns [9][10]. - The upgrade of ICE to a Zacks Rank 2 places it in the top 20% of Zacks-covered stocks, suggesting a favorable outlook for near-term stock performance [10].

Intercontinental Exchange, Inc. (NYSE: ICE ) is a market leader in exchanges, fixed-income services and data, and mortgage technology. It owns the valuable NYSE brand. Moreover, the company is an interesting dividend growth stock. The dividend yieldI am a self-taught individual investor and I have been investing in stocks for over 25 years. I focus on dividend growth investing with a long-term horizon since I believe in the compounding power of dividend growth investing. I generally look for undervalued lar ...

IntercontinentalExchange (ICE) shares soared 3.4% in the last trading session to close at $156.81. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 9.9% loss over the past four weeks.The surge in price reflects investors' optimism on the announcement of a 90-day pause on tariffs imposed by President Trump on most countries, though a 10% tariff stays in place. Major stock exchanges witnessed surge yesterday given market volatility. ...

Newsmax went public on the New York Stock Exchange on Monday, as the conservative cable news network audience has grown after the election of President Donald Trump and other right-wing politicians. The network began trading under the symbol "NMAX" late Monday morning, opening at $14 a share after pricing at $10 a share. It soared more than 500% by midday in volatile trading. Fox News and Newsmax television studios are seen in the Fiserv Forum on the day before the Republican National Convention (RNC) on Ju ...

Core Insights - Circle is partnering with Intercontinental Exchange (ICE) to explore the broader use of stablecoins, specifically Circle's USDC, for developing new products and solutions for ICE's customers [1][2] - The collaboration aims to integrate USDC into ICE's derivatives exchanges, clearinghouses, and data services, highlighting the potential for stablecoins in capital markets [2][3] Group 1: Partnership Details - The partnership leverages ICE's global network and reputation to create innovative use cases for Circle's stablecoins [2] - Circle's USDC stablecoin had over $60 billion in circulation as of March 26, backed by highly liquid cash and cash-equivalent assets, ensuring 1:1 redemption for US dollars [3] Group 2: Market Context - Stablecoins are increasingly separating from cryptocurrency exchanges and establishing themselves within the real-world financial architecture [4] - Despite a general decline of around 18% in the crypto market over the past 30 days, there is a growing interest in stablecoins for mainstream financial activities, including B2B payments and capital markets [5] Group 3: Use Cases and Benefits - Stablecoins offer a faster and less expensive alternative for international transactions by using blockchain technology to bypass intermediaries, enabling almost instantaneous settlements [6] - They are transforming corporate treasury operations by providing a unified solution for managing liquidity across multiple jurisdictions, thus reducing operational costs and inefficiencies [7]

Core Viewpoint - Intercontinental Exchange Inc. (ICE) demonstrates strong investor confidence with its stock trading near a 52-week high, indicating potential for further price appreciation [1] Group 1: Stock Performance - ICE shares closed at $175.59, close to its 52-week high of $175.90, reflecting solid upward momentum as it trades above the 50-day and 200-day simple moving averages of $163.20 and $155.97, respectively [1] - The stock has gained 28.9% over the past year, outperforming its industry, the Finance sector, and the Zacks S&P 500 Composite, which grew by 25.6%, 16.4%, and 8.9%, respectively [3][4] Group 2: Financial Metrics - ICE has a market capitalization of $100.88 billion, with an average trading volume of 2.96 million shares over the last three months [2] - The Zacks Consensus Estimate for ICE's 2025 earnings per share indicates a year-over-year increase of 10.8%, with revenues projected at $9.80 billion, reflecting a 5.5% improvement [6] - The consensus estimates for 2026 earnings per share and revenues suggest increases of 11.7% and 6.3%, respectively, compared to 2025 estimates [6] Group 3: Analyst Sentiment - The Zacks Consensus Estimate for 2025 earnings has increased by 0.2% in the past 30 days, while the estimate for 2026 has risen by 0.1% in the same period [7] Group 4: Business Strengths - ICE's revenue growth is supported by strengths in global data services, index business, pricing and reference data, and its Global Network offering [8] - The company has the largest mortgage network in the U.S., positioning it well to benefit from the digitization of the residential mortgage industry [9] - Strategic investments and a healthy balance sheet provide stability and growth potential over the medium to long term [10] Group 5: Operational Efficiency - ICE's return on invested capital (ROIC) has increased annually, reaching 6.3%, which is above the industry average of 5% [12] - However, ICE's return on equity (ROE) of 12.9% is below the industry average of 13.5% [12] Group 6: Valuation - ICE shares are trading at a forward price-to-earnings ratio of 25.44x, higher than the industry average of 24.66x, indicating a premium valuation [13] - The stock is considered expensive compared to Nasdaq Inc. (NDAQ) and CME Group Inc. (CME), but cheaper than MarketAxess Holdings Inc. (MKTX) [13] Group 7: Dividend History - ICE has demonstrated an impressive dividend history, having more than doubled its dividends over the last six years, which supports its growth outlook [14]

League Superstars will Partner with Iconic Water Brands to Pitch Healthy Hydration All Season LongTAMPA, Fla., March 20, 2025 /PRNewswire/ - Primo Brands' portfolio of regional spring water and national purified water brands has been announced as the Official Water of Major League Baseball. This season, America's top water brands will fuel baseball fandom on and off the ballpark, alongside league superstars Fernando Tatis Jr., Elly de la Cruz, Yordan Alvarez, and Austin Riley. Through a 360- campaign that w ...

Group 1 - The New York Stock Exchange (NYSE) is providing a daily pre-market update from the NYSE Trading Floor [1][3] - Jeff Sprecher, Founder, Chairman, & CEO of Intercontinental Exchange (ICE), was inducted into the FIA Hall of Fame at the International Futures Industry Conference [1][3] - NYSE President Lynn Martin will participate in a keynote fireside chat at the conference alongside Virtu Financial Founder Vincent Viola [1][3] Group 2 - Markets are anticipating the release of February's consumer price index data [3] - The S&P 500 index has entered correction territory, having dropped 10% from its latest high [3]

Key TakeawaysThe NYSE said it plans to bring an electronic securities exchange to Dallas.NYSE Chicago is expected to be reincorporated as NYSE Texas.The announcement comes after the Texas Stock Exchange recently filed with the SEC to launch trading in 2026. The New York Stock Exchange (NYSE) is bringing a securities exchange to the Lone Star State. NYSE Chicago is expected to move to Dallas and be reincorporated as NYSE Texas, NYSE operator Intercontinental Exchange (ICE) said Wednesday. The release said th ...