London Stock Exchange appoints two new non-exec directors
4th Dec 2015 09:54
(ShareCast News) - London Stock Exchange Group has appointed David Nish, former chief executive of Standard Life, and Lex Hoogduin, the current chairman of LCH.Clearnet, as non-executive directors. Nish, who will become an independent non-executive director of LSE Group, also sits on the board of th
Read moreLondon Stock Exchange completes Proquote sale
2nd Nov 2015 08:10
(ShareCast News) - London Stock Exchange Group has completed the sale of Proquote to supplier of technology for financial markets IRESS. The FTSE 100 group did not provide any financial details of the sale of market data vendor and retail trading provider, which had first been agreed on 15 September
Read moreRussell Investments contributes to LSE Group's strong third quarter results
22nd Oct 2015 07:41
(ShareCast News) - The London Stock Exchange Group has seen an 85% jump in revenue for the third quarter, driven by income from Russell Investment Management. The FTSE 100 listed company announced its results for the three months to 30 September on Thursday. Headline third quarter revenue was up to
Read moreLondon Stock Exchange launches CurveGlobal derivatives venture
16th Oct 2015 07:25
(ShareCast News) - London Stock Exchange Group has launched a new interest rate derivatives venture, CurveGlobal, with a number of major dealer banks and the Chicago Board Options Exchange. LSE said it has signed definitive terms with the lenders - Bank of America Merrill Lynch, Barclays, Citi, Gold
Read moreLondon close: Stocks finish up after slate of factory PMIs
1st Oct 2015 16:23
(ShareCast News) - The FTSE ended on a positive note but off its best levels of the day as investors sifted through a batch of manufacturing data in the UK, China and the US. The top flight index edged higher by 10.86 points to finish the session at 6,072.47. Markit's purchasing managers' index on
Read moreFTSE 100 movers: Oil prices drive Shell and BP up; Glencore nearly back to Friday levels
1st Oct 2015 13:41
(ShareCast News) - The FTSE 100 was up 47.61 (0.79%) mid-afternoon Thursday to 6,109.22 London Stock Exchange Group led the risers after Barclays upgraded sharemarket organiser and transaction services provider Deutsche Boerse from underweight to overweight. Pearson was also a beneficiary of a posi
Read moreLSE appoints Nikhil Rathi as chief executive
29th Sep 2015 09:27
(ShareCast News) - London Stock Exchange has appointed Nikhil Rathi as chief executive officer with immediate effect. Rathi succeeds Alexander Justham, who served as CEO since June 2012 and informed the group of his decision to leave earlier this year. Chief executive Xavier Rolet said: "During the
Read moreLSE confirms sale of Proquote to IRESS
15th Sep 2015 07:31
(ShareCast News) - London Stock Exchange confirmed the sale of Proquote, a UK market data vendor and retail trading provider, to Australia-listed financial technology group IRESS for an undisclosed amount. LSE said iProquote was not central to its strategy for the enlarged Information Services Divis
Read moreFTSE 100 movers: Financials lead risers as blue chips end losing streak
25th Aug 2015 15:18
(ShareCast News) - The FTSE 100 bounced back on Tuesday, recouping some of Monday's China-triggered losses, for what looked like being the first positive session in 11 trading days. An hour before the close London's blue chips were up 136.80 points, or 2.32%, to 6,035.67, led by companies lifted pur
Read moreLondon midday: UK stocks higher as financials lift sentiment
5th Aug 2015 11:08
(ShareCast News) - UK shares advanced as investors shrugged off worse-than-expected data and financials stocks Standard Chartered and London Stock Exchange lifted the FTSE. After first-half pre-tax profits fell 44% and new chief executive Bill Winters increased the focused on its capital ratio and r
Read moreLondon pre-open: equities likely to edge higher
5th Aug 2015 08:26
(ShareCast News) - City sources predict the FTSE 100 will open six points higher than Tuesday's close of 6,686.57. London Capital Group night dealer Jonathan Sudaria said European equities are set to edge a fraction higher on the open as the current environment isn't going swaying traders in any cle
Read moreLondon Stock Exchange lifts interim dividend 11% and beats forecasts
5th Aug 2015 08:11
(ShareCast News) - London Stock Exchange almost doubled first-half revenues thanks to the contribution of December acquisition Russell Investments, with underlying growth of a more modest 9% thanks to encouraging performance of markets and data. Revenue rose 90% to £1.16bn, with underlying revenues
Read moreWednesday preview: LSE reports first half as investors eye Russell disposal
4th Aug 2015 15:13
(ShareCast News) - The London Stock Exchange on Wednesday reports its first half results amid negotiations to sell its financial advisor business Russell Investment Management. LSE was said to be in talks to sell the arm to China's CITC Group Corporation for a deal worth roughly $1.8bn, according to
Read moreThursday broker round-up
25th Jun 2015 16:55
ARM Holdings: Credit Suisse upgrades to outperform with a target of 1,300p. Admiral Group: Citi downgrades to sell with 1,335p target. Antofagasta: Stifel initiates at hold. Bellway: Jefferies upgrades to buy and raises target to 2,997p from 2,542p. LSE Group: RBS upgrades to outperform. Petrofa
Read moreLondon pre-open: Stocks to pull back after failed Greek talks
25th Jun 2015 07:46
UK stocks were expected to decline on Thursday morning after five straight days of gains, after another meeting between Greece and its creditors ended in a deadlock. City sources predict the FTSE 100 open 15 points lower than Wednesday's close of 6,844.80. "European equities are set to slide on th
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