Financial Biz Recap: NYSE Euronext Aims High, Jefferies Group Faces Fire

Jefferies Group Inc. (NYSE:JEF): Bondholders could benefit from the rumor that Jefferies is in dire straits as some seem to suggest. But  its market valuation as a percentage of book value is in line with Goldman Sachs (NYSE:GS) and ahead of several financial firms, Heard On The Street says. Distressed prices could prove lucrative, if concerns around Jefferies’ European exposure really is being driven by fear rather than fundamentals. JEF shares recently traded at $10.10, down $0.01, or 0.1%. Its market capitalization is $2.23 billion. They have traded in a 52-week range of $9.50 to $27.12. Volume today was 9,155,243 shares versus a 3-month average volume of 5,079,890 shares. The company’s trailing P/E is 6.85, while trailing earnings are $1.47 per share. Get the most recent company news and stock data here >>

CME Group Inc. (NASDAQ:CME): Fears of CME’s liabilities seem to calm a bit after Evercore suggests limited fallout. Angst stemmed from MF Global’s meltdown.  Though trading volumes could be affected, legal exposure looks “low,” even though CME will likely see increased legal costs and stricter regulations down the line. Evercore thinks much of this is already priced in given the stock’s pullback. CME shares recently traded at $249.52, up $11.47, or 4.82%. Its market capitalization is $16.57 billion. They have traded in a 52-week range of $235.23 to $328.00. Volume today was 1,141,728 shares versus a 3-month average volume of 675,682 shares. The company’s trailing P/E is 13.23, while trailing earnings are $18.86 per share. Get the most recent company news and stock data here >>

SunTrust Banks, Inc. (NYSE:STI): SunTrust (NYSE:STI) joins a line of large firms steering employees into 401k programs. Traditional pensions – promising a fixed income for life – are dying off in the private sector. STI shares recently traded at $18.04, up $0.17, or 0.95%. Its market capitalization is $9.60 billion. They have traded in a 52-week range of $16.51 to $33.14. Volume today was 5,291,314 shares versus a 3-month average volume of 8,192,620 shares. The company’s trailing P/E is 17.13, while trailing earnings are $1.05 per share. Get the most recent company news and stock data here >>

NYSE Euronext, Inc. (NYSE:NYX): Deutsche Boerse (DBOEY.PK) and NYSE Euronext (NYSE:NYX) submit proposals to sell European equity-option operations. They are looking to gain EU antitrust approval for their $9B merger and thus will provide competitors with access to a major derivatives clearinghouse. A ruling is due at the year-end. NYX shares recently traded at $27.13, up $0.55, or 2.07%. Its market capitalization is $7.11 billion. They have traded in a 52-week range of $21.80 to $41.60. Volume today was 2,588,631 shares versus a 3-month average volume of 3,630,780 shares. The company’s trailing P/E is 11.12, while trailing earnings are $2.44 per share. Get the most recent company news and stock data here >>