UBS points out Deutsche Boerse's long-term growth potential
1st Mar 2016 15:56
(ShareCast News) - Whether or not Deutsche Boerse's proposed buy-out of rival London Stock Exchange panned out in the end or not, the exchange operator's future was bright, UBS told clients on Tuesday. The company was set to become a key beneficiary of regulatory changes in the pipeline (T2S, EMIR a
Read moreLSE surges as ICE confirms considering offer
1st Mar 2016 08:34
(ShareCast News) - London Stock Exchange shares surged after Intercontinental Exchange confirmed it was considering making a bid for the UK exchange to rival Deutsche Boerse's. ICE, which owns the New York Stock Exchange, said no approach has been made yet. "There can be no certainty that any offer
Read moreTuesday newspaper round-up: LSE/ICE, Apple, Google, ECB
1st Mar 2016 07:14
(ShareCast News) - London Stock Exchange's £20bn merger with Deutsche Boerse could be gatecrashed by the owner of the New York Stock Exchange, according to reports. Intercontinental Exchange (ICE), which operates global exchanges, clearing houses and data services, has appointed Morgan Stanley to a
Read moreSunday newspaper round-up: Pound, GSK, Sainsbury's, HSBC
28th Feb 2016 17:29
(ShareCast News) - Sterling will fall to $1.28 by the end of 2016, its lowest level against the US dollar in three decades, currency strategists have cautioned. If Britain votes to leave the European Union the fall will be even worse, the Sunday Telegraph reported that Deutsche Bank analysts saw a f
Read moreFTSE 100 movers: Burberry leads index on rating upgrade
26th Feb 2016 14:21
(ShareCast News) - The FTSE 100 was set to finish the week on a positive note, with the blue chip index up 73.36 points (1.22%) to 6,086.17. Burberry led the risers after Nomura upgraded the fashion company to 'buy' from 'neutral' and lifted the price target to 1,500p from 1,450p. It said since the
Read moreMore details revealed about proposed LSE and Deutsche Borse merger
26th Feb 2016 12:22
(ShareCast News) - London Stock Exchange Group and Deutsche Borse revealed more information about their proposed merger on Friday, which involved the departure of London's CEO. The announcement was in addition to the announcement on 23 February, and said that the combine group would be a UK public l
Read moreThursday newspaper round-up: LSE/Deutsche Boerse, cyber fraud, BT, IMF
25th Feb 2016 07:10
(ShareCast News) - The European trading giant planned by Deutsche Börse and the London Stock Exchange Group will be based in London but headed by the German group's chief executive, according to people close to the two sides. They are set to proceed with plans to make London the domicile for the new
Read moreWednesday broker round-up
24th Feb 2016 15:28
(ShareCast News) - Standard Chartered: UBS reiterates neutral with a target price of 510p, JP Morgan stays at overweight, 725p target and Morgan Stanley keeps at underweight with a target price of 370p. Home Retail Group: Canaccord upgrades hold with a target price of 175p. Capital & Countries Prop
Read moreFTSE 100 movers: GKN and StanChart keep market in red
23rd Feb 2016 14:13
(ShareCast News) - After a strong showing on Monday, the FTSE 100 was in the red mid-afternoon on Tuesday, down 31.34 points (0.52%) to 6,006.39. GKN led the fallers despite posting a steady set of results, reporting growth in sales and earnings across most of its operations. Sales at the firm incr
Read moreTuesday broker round-up
23rd Feb 2016 13:51
(ShareCast News) - HSBC: JP Morgan reiterates underweight with a target price of 410p and UBS stays at buy, 490p target. Just Eat: Investec reiterates buy with a target price of 435p. Glencore: Exane BNP Paribas keeps at outperform with a target of 145p. Ashmore Group: UBS starts coverage at neutr
Read moreTuesday broker round-up
23rd Feb 2016 13:51
(ShareCast News) - HSBC: JP Morgan reiterates underweight with a target price of 410p and UBS stays at buy, 490p target. Just Eat: Investec reiterates buy with a target price of 435p. Glencore: Exane BNP Paribas keeps at outperform with a target of 145p. Ashmore Group: UBS starts coverage at neutr
Read moreDeutsche Boerse and LSE surge on confirmation of merger talks
23rd Feb 2016 13:27
(ShareCast News) - The London Stock Exchange has confirmed earlier reports that it is in discussions with Deutsche Boerse about a potential merger of equals of the two businesses. The announcement followed a Reuters report citing a person familiar with the matter as saying the talks are at an early
Read moreLondon Stock Exchange Group buys US ETF data provider
21st Dec 2015 13:31
(ShareCast News) - London Stock Exchange Group (LSEG) announced on Monday it has purchased XTF, a provider of US exchange traded funds (ETF) data, analytics and ratings. The deal, for which the terms of the transaction were not disclosed, will see XTF integrated into LSEG's Information Services Divi
Read moreFriday newspaper share tips: Cash could be returned to LSEG shareholders
18th Dec 2015 10:53
(ShareCast News) - The possibility of cash being returned to shareholders prompted The Times' Tempus to rate London Stock Exchange Group at 'buy long term' on Friday. In a trading statement on Thursday, the FTSE 100 group said equity capital raisings were down 2% to £40bn in "more challenging market
Read moreLSE Group equity capital raisings down 2% in 2015
17th Dec 2015 07:14
(ShareCast News) - London Stock Exchange Group (LSE) said equity capital raisings were down 2% to £40bn in "more challenging market conditions". New issues were down to 161 new issues from 193 last year. In a trading statement, LSE said secondary markets saw average daily UK equity value traded up 9
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