LONDON STOCK EXCHANGE

Jersey

Centamin Egypt to Create New Parent Company

Gold producer Centamin Egypt Ltd said it plans to set up a new parent company, to be redomiciled in Jersey, that it hopes will attract further international investor interest.

Canada exchange operator backs $3.8 billion buyout bid

Canada exchange operator backs $3.8 billion buyout bid
The operator of Canada's largest stock market has thrown its support behind a C$3.8 billion ($3.8 billion) takeover offer from a group of banks and pension funds, embracing the deal four months after a failed attempt to merge with the London Stock Exchange.
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Silver bars

Moscow's VTB Capital Invests $100M in Russia's Polymetal

Russian gold and silver miner Polymetal has secured a $100 million investment from Moscow investment bank VTB Capital as part of its planned listing on the London Stock Exchange, the company's deal prospectus showed on Friday.
Occupy Wall Street

The Occupation Heard ‘Round the World'

The Occupy Wall Street movement is spreading around the world. There are now protests in Spain, England, Hong Kong. Italy is next in line. Can the international movement be sustained?
Erin Muhs (L), 23, and Kinsey Diment, 23, rest at the Occupy LA protest camp in Los Angeles, California

World intrigued by Occupy Wall Street movement

Tahrir Square in Cairo, Green Square in Tripoli, Syntagma Square in Athens and now Zuccotti Park in New York -- popular anger against entrenching power elites is spreading around the world.
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Russia's Polymetal Aims for Premium Listing on LSE

Russian precious metals miner Polymetal is seeking a premium listing on the London Stock Exchange, raising about $500 million in a move it hopes will catapult it into the FTSE 100 bluechip index and hand it currency for acquisitions.
To match Special Report LME-WAREHOUSING

More Than 9 Suitors Court London Metal Exchange

Interest in the London Metal Exchange as a takeover target has snowballed and the number of suitors has risen to double digits because business is booming with volumes at record levels, its chief executive Martin Abbott said.
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Gold to Remain as a Hedge, Despite Recent Falls - Analyst

Gold will continue to serve as a hedge against risk on a longer-term basis despite recent falls, given the lack of other safe-haven assets to protect investors against global economic uncertainty, a manager at Stenham Asset Management said.
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Copper Slumps to 14-Month Low

Copper slumped to a 14-month low on Monday, adding to sharp falls from the last three weeks, as fears of a Greek debt default and the threat of a global recession sparked heightened concerns about demand for industrial metals.
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Kofax Plans for IPO in U.S.

Kofax Plc's management confirmed that the board is planning for an initial public offering (IPO) in the United States at some stage in the future with plans to maintain a dual listing between the United Kingdom and the U.S.
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Kofax FY Profit Up, Plans US Listing

Kofax Plc posted a higher full-year profit even as revenue growth in the second half of the year slowed due to longer sales cycles and decision making, and the company said it expected these challenges to continue.
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Hochschild Mining Posts Strong 1H Results

Latin American precious metals miner Hochschild Mining posted its highest-ever first-half profit, driven mainly by strong gold and silver prices, and said it was on track to meet its full-year production target.
Traders work on the floor of the New York Stock Exchange

Wall Street Set for Lower Open; Earnings Reports Awaited

Stock futures pointed to a lower open for Wall Street Wednesday, with investors believing that Tuesday's meeting between French and German leaders failed to make significant progress on the euro zone sovereign debt crisis.
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European Markets Fall after Disappointing Summit

European stocks fell early Wednesday, resuming their slide as a meeting between German Chancellor Angela Merkel and French President Nicolas Sarkozy failed to calm worries over the euro zone debt crisis.
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Euro Goldfields Q2 lLoss Narrows, Olympias on Schedule

Mining company European Goldfields, which secured a long-awaited Greek permit last month, posted a narrower pretax loss for the second quarter and said it had made "major progress" with its Olympias project, on track for first production next year.
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Logica Upgraded at Jefferies

Jefferies & Co. upgraded its rating on shares of Logica Plc (London: LOG) to "hold" from "underperform", while lowering its price target to 90 pence from 105 pence.
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Misys Takes Strategic Detour, but Destination Unchanged

British software firm Misys plc (London: MSY) said takeover discussions with Fidelity National Information Services Inc (FIS) have been terminated. Misys decided to reject FIS offer and withdraw from further discussions with FIS, as the offer materially undervalued the company.

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