Archive for June, 2011

A day after its proposed merger with Canada’s TMX fell apart, the London Stock Exchange has jumped nearly 11% on suggestions it was now vulnerable to a predator

Banks are among the biggest risers in a buoyant market as cynical dealers mark up Lloyds Banking Group after its job cuts, but BG is also battling it out at the top of the FTSE 100

Investors rush to buy $16 shares in music streaming company ahead of NYSE flotation

LSE vulnerable after merger with Canadian rival TMX founders

Downbeat Federal Reserve statement is followed by a slew of weak data, starting share sell-off around the world

Paris-based International Energy Agency sanctions 60m barrels to counter shortages but Opec condemns ‘political’ intervention

David Cameron wins battle to ensure €120bn EU rescue of Greece will only be borne by eurozone countries

An early rally prompted by positive news from Greece fizzled out by the close of trading, as worries about the state of Italy’s banking system gripped the market and rekindled fears of contagion spreading through the Eurozone

Berkeley Group has jumped more than 11% after the London and south east housebuilder promised to return £1.7bn to shareholders with a series of special dividends

Online shopping service Ocado is in the unusual position of facing a growing competitive threat from its key partner