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April 15, 2007
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London Exchange Scorns Nasdaq Offer Even as Euronext Stockholders Back NYSE Deal
Tue, 19 Dec 2006 23:37:58 EDT | New York Times
The London Stock Exchange urged shareholders to reject Nasdaq?s ?wholly inadequate? $5.3 billion hostile takeover offer.
US shares ease as corporate deals digested
Thu, 21 Dec 2006 08:34:00 EST | afraccess.com
US share prices pulled back from highs today with investors digesting corporate deals including the New York Stock Exchange shareholder approval of a tie-up with European bourse Euronext.
S.E.C. Changes Reporting Rule on Bosses? Pay
Wed, 27 Dec 2006 00:05:32 EDT | New York Times
The Securities and Exchange Commission adopted a rule that will allow companies to report lower total compensation for top executives.
Opposites Pull Together in Overhauling Mercantile Exchange
Thu, 28 Dec 2006 22:19:37 EDT | New York Times
An odd couple run the 134-year-old New York Mercantile Exchange, and they seem to run it very well.
Barbs Traded in Nasdaq Bid for Exchange in London
Mon, 08 Jan 2007 22:44:24 EDT | New York Times
Nasdaq has been trying to take over the London exchange since March, but has failed to lure London executives to the negotiating table.
World Business Briefings: Britain: An Increase in Profit at the London Stock Exchange
Tue, 09 Jan 2007 23:17:36 EDT | New York Times
The London Stock Exchange, seeking to fend off a hostile takeover by the Nasdaq Stock Market, reported a 9.9 percent increase in third-quarter profit and forecast a ?strong performance? in fiscal 2008. Net income rose to ?31 million ($59.8 million) in the three months ended Dec. 31, up from ?28.2 million a year earlier, the exchange said. Revenue increased 11 percent, to ?89.9 million ($173.5 million). The third-quarter results ?support the board?s rejection of Nasdaq?s offer, which significantly undervalues the business and the exchange?s unique strategic position,? the exchange?s chief executive, Clara Furse, said. ?Our strong growth prospects will continue to enhance the quality of our markets.? The exchange, Europe?s biggest equity market, released its earnings about three weeks ahead of schedule and two days before Nasdaq?s offer to pay ?12.43 a share expires.
London, Singapore bourses eye ISE stake
Tue, 23 Jan 2007 16:11:00 GMT | Business Standard
The Inter-connected Stock Exchange of India (ISE), an exchange floated by a group of small exchanges, is fast completing its revival strategy to attract global peers. ??
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