London Stock Exchange

FTSE closes at 5362.3

Channel 4 (Free subscription) | yesterday

The FTSE 100 Index has closed down 87.6 points at 5362.3.

Aqua Resources to list on LSE

Financial Time (Free subscription) | yesterday

Aqua Resources Fund, which specialises in technologies such as water treatment and recycling, is to list on the London Stock Exchange today. About $100m (£50m) in...

DealBook: Vodafone in $2 Billion Stock Buyback

New York Times (Free subscription) | 23/07/2008

Vodafone Group, the world's biggest mobile phone operator, announced a surprise stock buyback valued at about $2 billion Wednesday, saying a big share price fall Tuesday had left it undervalued. Its shares rose 3.9 percent in morning trading on the London Stock Exchange. "The board of Vodafone Group has considered the market reaction to the group's Interim [...].

Vodafone Announces $2 Billion Stock Buyback

DealBook (Free subscription) | 23/07/2008

Vodafone Group, the world’s biggest mobile phone operator, announced a surprise stock buyback valued at about $2 billion Wednesday, saying a big share price fall Tuesday had left it undervalued. Its shares rose 3.9 percent in morning trading on the London Stock Exchange. “The board of Vodafone Group has considered the market reaction to the group’s Interim [...]

FTSE ends at 5376.4

Channel 4 (Free subscription) | 18/07/2008

The FTSE 100 has ended a turbulent week 1.7 per cent higher at 5376.4, up 90.1 points.

London Stock Exchange Strengthens Position As International Market Of Choice For Middle Eastern Companies - Seven Flotations From Middle East Raise Record £1.5 Billion In 2008

Mondo Visione (Free subscription) | 18/07/2008

Global MENA Financial Assets today became the latest in a line of Middle Eastern companies to join the London Stock Exchange. Earlier this month Commercial Bank of Qatar conducted the first Qatari listing on the Exchange's Main Market for ten years and on May 22 Global Investment House became the first Kuwaiti company to join the Main Market.

• London Stock Exchange ‘market of choice’ for Middle East companies (Lead, superseding previous story) - Thaindian News

Baikal Dark Pool Project Could Evolve into a Liquidity Hub

AdvancedTrading (Free subscription) | 17/07/2008

Lehman and London Stock Exchange Seek to Form Market Utility

Shareholders want LSE to name fined Aim firms

The Telegraph (Free subscription) | 17/07/2008

The London Stock Exchange has come under fire for refusing to name four Aim companies that it fined a total of £170,000 for misleading the market.

Cable & Wireless thinks again over transfer of pensions risks

Times Online (Free subscription) | 16/07/2008

Cable & Wireless (C&W), the FTSE 100 telecoms group, is poised to make a landmark decision on whether to offload about £1 billion of risks associated with its pensions scheme, The Times has learnt.

London Stock Exchange Launches UnaVista Broker Matching Utility For Post-Trade Data

Mondo Visione (Free subscription) | 15/07/2008

The London Stock Exchange today announced the launch of the UnaVista Broker Matching Utility (BMU), a new service for the central matching of post-trade data across prime brokers, executing brokers and hedge funds. The BMU service runs on UnaVista, the London Stock Exchange's web-based matching, reconciliation and data integration service hosted at the Exchange's data centre.

Kazakhmys on a high as talks with Russia's Metalloinvest are confirmed

The Telegraph (Free subscription) | 15/07/2008

Kazakhmys shares soared yesterday after it emerged the FTSE 100 copper miner was holding talks about a potential merger with Metalloinvest, the Russian mining group controlled by Alisher Usmanov.

Sandanter offers £1.3 billion for A&L

Banking Times: Daily Banking News (Free subscription) | 14/07/2008

Alliance & Leicester (A&L) has confirmed that it has received a bid approach from Spanish bank, Santander. In a statement to the London Stock Exchange this morning, the bank said it was at an advanced stage of discussions regarding a possible offer totalling 317 pence per share. The offer is 36% above A&L’s closing price of 219.25p [...]

FT Alphaville: Metalloinvest eyes merger with Kazakhmys

FT.com - Europe homepage (Free subscription) | 14/07/2008

Kazakhmys, the FTSE 100 mining company, is in merger discussions with Metalloinvest, the Russian metals conglomerate controlled by billionaire Alisher Usmanov, FT Alphaville has learnt

Alliance & Leicester receives bid approach

ziomal.biz (Free subscription) | 14/07/2008

At 08.14 am this morning Alliance & Leicester released a statement to the London Stock Exchange confirming "that it is at an advanced stage of discussions regarding a possible offer at an offer price of 299p per share together with the right to receive an interim dividend of 18p per share which is expected to be declared in the ordinary course comprising total value of 317p per share".

• Alliance & Leicester shares soar on takeover announcement - International Herald Tribune
• UK bank A&L says in advanced takeover talks - The Earth Times Online Newspaper
• See the 5 articles on the same subject

Lehman Brothers: the dark pool

Money is the way (Free subscription) | 14/07/2008

Some disturbing news this morning. In a new joint venture with the London Stock Exchange, Lehman Brothers is going to launch a dark pool trading platform - Baikal. Well, I'm sorry, but this sounds absolutely demonic. I know the credit crunch has damaged a lot of investment banks, but there is no need for Lehman to resort to Satanism. I have been speaking to award-winning financial psychic Keith