Volatility and Price Discovery in Stock Markets: An Intra-day Analysis of the New York Stock Exchange, Nasdaq Stock Market, London Stock Exchange, Euronext Paris and Deutsche Boerse
Law Blog - WSJ.com (Free subscription) | 11/20/2009
The U.K. fund manager said it plans to list on the London Stock Exchange, heading a widely expected wave of initial public offerings of businesses owned by private-equity companies.
Market Watch (Free subscription) | 11/20/2009
LONDON (MarketWatch) -- Asset manager Gartmore Group said Friday that it intends to list its shares on the London Stock Exchange. The company will undertake an initial public offering of shares and will use the proceeds to cut its debt to around 150 million pounds ($249.7 million). Gartmore, which had 21.8 billion pounds (36.3 billion) of assets under management at Sep. 30, believes that the offering...
Market Watch (Free subscription) | 11/17/2009
LONDON (MarketWatch) -- European shares pulled back on Tuesday after rising for four straight days, with commodity-sector shares paring some recent gains as metal and oil futures weakened. Selected financial firms were on the rise, with Fortis shares up 2% after it posted a quarterly profit and Icap shares up 1.1% after it said its fiscal-year profit will meet analyst forecasts. The U.K. FTSE 100...
Market Watch (Free subscription) | 11/17/2009
LONDON (MarketWatch) -- Telecom group Cable & Wireless said Tuesday that it expects the demerger of its Worldwide business to complete by March 31, a move that will create two companies separately listed on the London Stock Exchange. The firm said that, after the demerger, Richard Lapthorne will be chairman and Tony Rice will be CEO of CWI and John Pluthero will be chairman and Jim Marsh will...
SeekingAlpha ETFs (Free subscription) | 11/16/2009
Felix Salmon submits: Now I’m confused. Back on November 6, the FT’s Denise Law ran an article about a set of new currency ETCs which are going to be listed on the London stock exchange — think ETFs, but for foreign exchange. She quoted Nik Bienkowski, the chief operating officer at ETF Securities, which has created these instruments: “The benefit of a currency ETC is that...
The Independent (Free subscription) | 11/14/2009
The upper echelons of the London Stock Exchange may be enjoying a surprisingly rewarding time, but the junior end of the investment site continues to look rather desolate.
Market Watch (Free subscription) | 11/13/2009
LONDON (MarketWatch) -- European shares were mildly lower on Friday, with Volkswagen shares down 1.2% after Porsche , down 0.7%, posted a pretax loss late Thursday. Miners were also weak with Rio Tinto shares down 1.1%. Still, KBC rose 5% and Dexia gained 1.1% in the banking sector after reporting results and British Airways extended gains from the previous session, up 4.6%, after it agreed to combine...
Market Watch (Free subscription) | 11/10/2009
LONDON (MarketWatch) -- European shares pulled back on Tuesday after a weaker-than-expected reading from the German ZEW index of economic sentiment. Stocks traded in a tight range as investors bought shares in HSBC Holdings but sold out of Vodafone Group and Barclays after all three firms updated investors on Tuesday. The U.K. FTSE 100 index rose 0.1% to 5,240.99, the German DAX index traded flat...
Market Watch (Free subscription) | 11/10/2009
LONDON (MarketWatch) -- European shares were in a tight range on Tuesday, as investors took a break after pushing shares sharply higher in the previous session and eyed results from Vodafone Group , down 1.4%, Sodexho , down 6%, and Barclays , down 1.7%. The U.K. FTSE 100 index rose 0.2% to 5,245.59, the German DAX index climbed 0.1% to 5,625.86 and the French CAC-40 index traded flat at 3,784.35....
SeekingAlpha.com (Free subscription) | 11/09/2009
David Hunkar submits: European companies generally pay higher dividends than American companies. Most companies have maintained that tradition during the past two years when the global financial crisis ravaged world markets. Many European banks have reduced or suspended their dividends due to government bailouts and the subsequent ownership stakes they acquired. Because of their high dividend yields,...
Market Watch (Free subscription) | 11/09/2009
LONDON (MarketWatch) -- The London Stock Exchange Group said equity trades rose 8% in October to 19.7 million trades, helped by strong growth in exchange-traded funds, fixed income and derivatives. U.K. cash equities value was up 7% while value of Italian equity trades was flat. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more...
Market Watch (Free subscription) | 11/06/2009
LONDON (MarketWatch) -- European shares declined on Friday afternoon after U.S. nonfarm payrolls dropped 190,000 in October, a bigger fall than economists were expecting, and the U.S. jobless rate rose to 10.2%. Construction firms were weak in Europe, with Lafarge down 4.1%, as investors also eyed up earnings. The U.K. FTSE 100 index declined 0.5% to 5,100.67, the German DAX index lost 0.8% to 5,437.60...
Market Wire (Free subscription) | 11/06/2009
TORONTO, ONTARIO (MARKET WIRE) Centamin Egypt Limited ("Centamin" or "the Company") (TSX: CEE)(ASX: CNT)(AIM: CEY) announces that its entire issued ordinary share capital will today be admitted to the Official List of the Financial Services Authority and to London Stock Exchange plc's main market for listed securities ("Admission"). Cancellation of trading in the ordinary...
Market Watch (Free subscription) | 11/06/2009
LONDON (MarketWatch) -- European shares started on a muted note Friday ahead of key jobs data out from the U.S. later in the session. Earnings from French building materials firm Lafage didn't help sentiment, with shares in the firm down 3.1% after it reported a 38% drop in quarterly profit. Still, shares in British Airways managed to gain ground, up 5.3%, after the airline posted a wider loss but...
PR News Wire (Free subscription) | 11/05/2009
AUSTIN, Texas, Nov. 5 /PRNewswire-FirstCall/ -- EZCORP, Inc. (Nasdaq: EZPW) announced today that it has completed its acquisition of 108,218,000 newly issued ordinary shares of Cash Converters International Limited, a public company headquartered in Perth, Australia. EZCORP paid AUS $0.50 per share, for a total investment of AUS $54,109,000 (approximately $49.4 million U.S.), and now owns approximately...
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