The London Stock Exchange (LSE), which is seeking to acquire The Toronto Stock Exchange, suffered a four-hour halt in trading today due to some technical glitch.
Nasdaq OMX Group Inc could launch a rival bid for NYSE Euronext to avoid being left on the sidelines, a source said, as traditional exchanges race to merge to see off upstart electronic rivals.
Russia’s leading search engine Yandex is set to raise $1 billion through an initial public offering on the NASDAQ stock exchange.
Global stock exchanges have apparently entered into a new round of consolidation that promises to radically alter trading activities for millions of investors.
Canadian exchange operator TMX Group (X.TO), which is the target a friendly takeover by the London Stock Exchange (LSE.L) said on Thursday it has taken a 50 percent stake in Australia's PCF MinesOnline.com Ltd.
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 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.
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.
The London Stock Exchange Group plc (LSE) said that it is in advanced negotiations with the operator of the Toronto Stock Exchange, the TMX Group, regarding a potential merger.
Miner Xstrata Plc reported a surge in profit for the full year on stronger commodity prices, and proposed a final dividend of 20 cents a share, reflecting a return to pre-financial crisis levels.
McBride Plc, the maker own label products for retailers, said interim pretax profits dropped 31 percent amid rising raw materials costs and a weak retail environment, particularly in the UK.
British gas producer BG Group Plc posted a rise in quarterly profit helped by higher commodity prices and a lower exploration charge and the company lifted its full year dividend by 10 percent to 21.60 cents a share.
Randgold Resources sees a surge in production for 2011 as it reported a 43 percent rise in full-year profit in spite of operational and political setbacks. The company, which boosted its annual dividend by 18 percent to 20 cents, forecasts production to be between 750,000 and 790,000 ounces for 2011.
Pharma major GlaxoSmithKline Plc posted a quarterly loss hit by a massive charge to settle further litigation related to its diabetes drug Avandia, but the company raised its dividend and said it would resume its share buyback program.
British telecommunications company BT Group plc reported its highest share of DSL broadband net additions for eight years and said pretax profit for the third quarter more than doubled from last year.
British carpet and floor covering retailer Carpetright Plc said it expects full-year profits to be below last year and below market expectations, citing lower third quarter sales due to adverse weather conditions and fragile consumer confidence.
Britain's Imperial Tobacco Group Plc said it made a good start to the year with underlying tobacco net revenue up 5 percent and increased cigarette and fine cut tobacco volumes.
British chip designer ARM Holdings posted a higher quarterly and full-year profit, helped by the growth in licensing and royalty revenue and it expects dollar revenue for 2011 to be at least in line with market expectations.
British private equity firm 3i said it made "some high quality" new investments and had significant realisations from the portfolio at good uplifts in the third quarter. 3i said it invested 183 million pounds ($291 million) during the quarter, up from 59 million pounds in the same period of last year.
Pay-TV firm British Sky Broadcasting (BSkyB) reported record product sales and strong double-digit growth in profit and revenue for the first half. The company, which lifted its interim dividend by 11 percent to 8.74 pence, said the business has achieved milestone of 10 million customers and total net product growth was 2.193 million.
