Deutsche Boerse and NYSE Euronext plan to call a combined company DB NYSE Group and will likely sidestep thorny issues of technology in a bid to strike a merger deal by Tuesday, two people close to the negotiations said.
NYSE Euronext and Deutsche Boerse plan to call a combined company DB NYSE Group and will likely sidestep thorny issues of technology in a bid to strike a deal by Tuesday, two persons close to the negotiations said.
Merging the iconic New York Stock Exchange with Germany's Deutsche Boerse AG will force European companies to switch to using U.S. accounting rules which have superior disclosures, Mayor Michael Bloomberg said on Friday.
The companies whose shares are moving in pre-market trade on Friday are: Big Lots, Tyco International, Tesoro, Ford Motor, Oracle, Expedia, Cephalon, Dean Foods and Kraft Foods.
The top after-market NYSE gainers on Thursday are: Chipotle Mexican, Cambrex, Emulex, Liz Claiborne and Nexen. The top after-market NYSE losers are: Och-Ziff Capital Management, Leapfrog Enterprises, Regal Entertainment, Trueblue and Ingram Micro.
Deutsche Boerse AG's planned takeover of NYSE Euronext faces intense scrutiny from German regulators and European antitrust authorities, potentially imperiling the blockbuster exchange tie-up.
New York Mayor Michael Bloomberg said on Thursday he supports advanced talks that would place the iconic New York Stock Exchange into the hands of Germany's Deutsche Boerse AG.
The Tokyo Stock Exchange is not discussing a merger with any other exchanges, the bourse's CEO said on Thursday, quashing any speculation the TSE will participate in the latest spate of global alliances among stock exchanges.
The companies whose shares are moving in pre-market trade on Thursday are: Whole Foods, Sprint Nextel, FMC Technologies, Akamai Technologies, Cisco Systems, Credit Suisse, Lennar Corp and PepsiCo.
The companies which are expected to see active trade on Thursday are: Cisco Systems, Allstate Corp, Lions Gate Entertainment, PepsiCo, Sprint Nextel, Philip Morris International and Wynn Resorts.
The top after-market NYSE gainers on Wednesday are: Encana Corp, EnerSys, Lions Gate Entertainment, FXCM and Goodyear Tire & Rubber. The top after-market NYSE losers are: Terex, LIN TV, Allstate, China Green Agriculture and Cypress Sharpridge Investments.
The Hong Kong stock exchange said on Thursday it will consider international alliances after Deutsche Boerse and NYSE Euronext announced plans to form the world's biggest trading powerhouse.
Wall Street edged lower on Wednesday as investors booked profits after stocks hit new 2 1/2-year highs, but strong earnings made it likely the market would continue an upward trend.
Deutsche Boerse is in advanced merger talks with NYSE Euronext , two people familiar with the matter said, the day's second big piece of bourse merger news.
Deutsche Boerse is in talks to tie up with peer NYSE Euronext , two people familiar with the matter said after trading in the two companies' shares was halted amid heavy speculation about a team-up.
The New York Stock Exchange (which also owns Euronext) and Germany’s Deutsche Borse have said they are in advanced talks to merge in a transaction that would result in the biggest stock exchange in the world valued at $24-billion.
Stocks slipped on Wednesday as a five-month rally that pushed the market to a new 2 1/2-year high started to shows signs of fatigue.
U.S. stocks edged lower on Wednesday as investors pulled back following a five-month rally that pushed the market to 2-1/2-year highs.
The London Stock Exchange agreed to buy Canada's stock market operator TMX, while Germany's Deutsche Boerse was in talks to buy NYSE Euronext, signaling that exchanges globally are looking to consolidate.
Germany's Deutsche Boerse is in advanced talks to buy NYSE Euronext, and the London Stock Exchange has agreed to buy Canadian stock market operator TMX, as exchanges globally look for ways to boost their markets and cut costs.
The companies whose shares are gaining in early session on Wednesday are: Photronics, DSW, Atmel, Retail Ventures, Beacon Roofing, General Cable, Polo Ralph Lauren and Walt Disney.
The companies whose shares are moving in pre-market trade on Wednesday are: Walt Disney, Jds Uniphase, PPL Corp, Ingersoll-Rand, Motorola Solutions, Wells Fargo, Time Warner and Google.
