Monday, June 19, 2006

Calls of Note Part 6

- Sandler O'Neill & Partners is upping their ests on Chicago Mercantile Exchange(NYSE:CME) above consensus based on the high level of volume experienced in June month-to-date. Raising 2006 and 2007 EPS estimates by $0.34 to $11.53 and $14.48. 2Q06 estimate, in particular, has been raised to $3.00 from $2.89. The current consensus is $2.94. Growth in equity products shows diversity of the CME model. Equity e-mini and equity standard contracts are growing more rapidly than overall volumes, up 56.9% and 120.7%, respectively, they believe due to the record volatility in the equity markets.

Notablecalls: This sure looks like an actionable call!

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