New Copper Premium Contract to be Launched in China by CME Group

CME Group announced it'll be launching a new China Copper Premium Contract in November.

Carnival (CCL) (CME) (HDY) (HTLF) (NYX) Ratings, Price Targets

Carnival Co. (NYSE: CCL), CME Group Inc. (NYSE: CME), Hyperdynamics (NYSE: HDY), Heartland Financial USA, Inc. (NASDAQ: HTLF) and NYSE Euronext (NYSE: NYX) ratings and price targets.

Carnival Co. (CCL) was downgraded by Barclays Capital (NYSE:BCS) from an “Overweight” rating to an “Equal Weight” rating.

CME Group Inc. (CME) was downgraded by ISI Group from a “Buy” rating to a “Hold” rating.

Hyperdynamics (HDY) was downgraded by Howard Weil from an “Outperform” rating to a “Market Perform” rating. They have a price target of $4.00 on the company, down from $11.00.

Heartland Financial USA, Inc. (HTLF) was downgraded by Sandler O’Neill from a “Buy” rating to a “Hold” rating.

NYSE Euronext (NYX) was upgraded by RBC Capital to a “Buy” rating.

IPC (IPCM) (KMP) (SPRD) (CLMS) (CMC) (CME) Downgraded

IPC The Hospitalist (NASDAQ: IPCM), Kinder Morgan Energy Partners LP (NYSE: KMP), Spreadtrum (NASDAQ: SPRD), Calamos Asset Management, Inc. (NASDAQ: CLMS), Commercial Metals (NYSE: CMC) and CME Group Inc. (NYSE: CME) were downgraded by analysts.

IPC The Hospitalist (IPCM) was downgraded by Dougherty & Co. from a “Buy” rating to a “Neutral” rating. They have a price target of $41.00 on the company, down from $56.00.

Kinder Morgan Energy Partners LP (KMP) was downgraded by Tudor Pickering to a “Hold” rating.

Spreadtrum (SPRD) was downgraded by Jefferies Group (NYSE:JEF) from a “Buy” rating to an “Underperform” rating.

Calamos Asset Management, Inc. (CLMS) was downgraded by Goldman Sachs (NYSE:GS) from a “Neutral” rating to a “Sell” rating.

Commercial Metals (CMC) was downgraded by CRT Capital to a “Buy” rating.

CME Group Inc. (CME) was downgraded by Evercore Partners to an “Equal Weight” rating.

Colgate (CL) (CME) (ALSK) (HOT) (MXL) (N) Price Targets Changed

Colgate-Palmolive Company (NYSE: CL), CME Group Inc. (NYSE: CME), Alaska Communications Systems Group, Inc (NASDAQ: ALSK), Starwood Hotels (NYSE: HOT), MaxLinear Inc (NYSE: MXL) and NetSuite Inc. (NYSE: N) price targets adjusted by analysts.

CME Group Inc. (CME) had its price target boosted by UBS AG (NYSE:UBS) from $318.00 to $325.00. They have a “Buy” rating on the company.

Colgate-Palmolive Company (CL) had its price target raised by RBC Capital from $86.00 to $90.00. They have a “Sector Perform” rating on the company.

Alaska Communications Systems Group, Inc. (ALSK) had its price target lowered by RBC Capital from $10.00 to $8.00. They have a “Sector Perform” rating on the company.

Starwood Hotels (HOT) had its price target raised by FBR Capital from $63.00 to $66.00. They have a “Market Perform” rating on the company.

MaxLinear Inc. (MXL) had its price target lowered by Stifel Nicolaus from $12.00 to $10.00. They have a “Buy” rating on the company.

NetSuite Inc. (N) had its price target raised by FBR Capital from $28.00 to $30.00. They have a “Market Perform” rating on the company.

Big Movers (HAYN) (CME) (FLR) (UFS) (WCG) on May 6

Among the big, positive movers on Friday, May 6, were Haynes International (HAYN), CME Group Inc. (CME), Fluor Corp. (FLR), Domtar Corp. (UFS) and Wellcare Group (WCG).

Haynes International (HAYN) was jumped $6.12, to close at $56.87, a gain of 12.06 percent.

CME Group Inc. (CME) was up $5.56 on the day, to close at $291.59, a gain of 1.94 percent.

Fluor Corp. (FLR) climbed $5.18 to close at $70.87, a gain of 7.89 percent.

Domtar Corp. (UFS) rose $5.05 to close the session at $99.81, a gain of 5.33 percent.

Wellcare Group (WCG) jumped $4.89 to end the day at $47.33, a gain of 11.52 percent.

Dividend Yields for (JPM) (IVZ) (TROW) (CME) (BK)

Indicated dividend yields for Standard & Poor's 500 Index companies JPMorgan Chase & Co (JPM), Invesco Ltd (IVZ), T Rowe Price Group Inc (TROW), CME Group Inc (CME) and Bank of New York Mellon Corp (BK).

These dividend data indicate dividend yields of companies in the Standard & Poor's 500 Index as of Saturday, April 30. The yield is determined by taking the latest declared dividend, annualized and divided by the price of the stock. Payout ratios are calculated based on latest quarterly dividend paid divided by earnings.

JPMorgan Chase & Co (JPM) has a dividend yield of 2.19 percent on a declared dividend of $0.25. The payout ratio is 19.4 percent.

Invesco Ltd (IVZ) has a dividend yield of 1.97 percent on a declared dividend of $0.12. The payout ratio is 29.1 percent.

T Rowe Price Group Inc has a dividend yield of 1.93 percent on a declared dividend of $0.31. The payout ratio is 41.5 percent.

CME Group Inc (CME) has a dividend yield of 1.89 percent on a declared dividend of $1.40. The payout ratio is 20.5 percent.

Bank of New York Mellon (BK) has a dividend yield of 1.80 percent on a declared dividend of $0.13. The payout ratio is 17.8 percent.

Ratings on (CME) (CPT) (CVH) (DECK) (DSPG) Reiterated

Analysts reiterate ratings on CME Group Inc. (NYSE: CME), Camden Property Trust (NYSE: CPT), Coventry Health Care, Inc. (NYSE: CVH), Deckers Outdoor (NASDAQ: DECK) and DSP Group (NASDAQ: DSPG).

Keefe, Bruyette & Woods, Inc reiterated a “market perform” rating on CME Group Inc. (CME).

JPMorgan Chase & Co. (NYSE:JPM) reiterated a “neutral” rating on Camden Property Trust (CPT). They have a price target of $51.00 on the company.

Morgan Stanley (NYSE:MS) reiterated an “overweight” rating on Coventry Health Care, Inc. (CVH).

Jefferies (NYSE:JEF) reiterated a “buy” rating on Deckers Outdoor (DECK).

Lazard Capital reiterated a “neutral” rating on DSP Group (DSPG).

CME Group (NASDAQ:CME) Driven by Strong Volume

While CME Group (NASDAQ:CME) has been driven by stong volume, specifically in commodities and rates, Deutsche Bank (NYSE:DB) still downgraded them, saying they don't see much upside for them at this time.

Deutsche said, "CME has risen over 20% since the beginning of 4Q, outperforming the sector and the broader market. The recent strength was driven by healthy volumes, particularly around rates and commodities, and while we still view the long term outlook for CME as favorable, we don't see enough upside to maintain the Buy."

Consequently, Deutsche Bank downgraded CME Group from "Buy" to "Hold." CME closed Friday at $307.66, losing $5.98, or 1.91 percent. Deutsche has a price target of $320 on them.

Goldman (NYSE:GS) Boosts CME Group's (NASDAQ:CME) 4Q Estimate on Increased Volume

Goldman Sachs (NYSE:GS) has a mixed outlook concerning CME Group (NASDAQ:CME), as the volume and margins look good going forward, but their exposure to currency fluctuations could keep them performing at high levels.

In the short term Goldman believes they'll outperform, as they raised their EPS estimate for the 4th quarter based on improved volume.

Goldman raised their EPS estimates for the 4Q10, 2010, 2011, and 2012 from $3.70, $15.50, $16.75 and $19.00 to $3.99, $15.80, $17.00, and $19.25.

Goldman maintains their "Neutral" rating on CME, which closed Monday at $326.21, up $1.95, or 0.60 percent. Goldman raised their price target on CME from to $340.

CME Group (NASDAQ:CME) EPS Boosted on November Volumes

Citing November volumes as the catalyst, Ticonderoga increased their EPS estimate on CME Group (NASDAQ:CME) for the fourth quarter of 2010.

Ticonderoga said, "On the back of strong November volumes (the second strongest month of 2010), we are raising our 4Q10 EPS estimate to $3.90 from $3.58. We are now 6% above consensus estimates and we see upside potential to our estimates depending on whether December volumes hold up. For 4Q10, we are forecasting ADV of 12.2m contracts (up 19% YOY and 5% seq.), which builds in December ADV of 11.3m (down 20% from November levels). Given current open interest levels and continued volatility across many asset classes (particularly rates, FX, and energy), we remain bullish on volumes in the near term. We like CME and pairing CME long vs. CBOE short here given multiple differentials (CME trading at a 4% discount to CBOE), potential liquidity event for CBOE in Dec. given lockup expiration, and more bullish outlook for CME's asset classes vs. equity options in the near term. And in the near term, we would expect CME to outperform ICE as well given more upside to 4Q estimates, slightly better volume trends at CME and a more attractive valuation."

Ticonderoga maintains a "Buy' on CME Group, which closed at $312.50, up by $12.46, or 4.15 percent. Ticonderoga has a price target on them of $370.