Analyst news

• Deutsche Boerse mulls trimming LSE tender threshold to 60 percent – WSJ

  10-07-2016 19:59 via rocketnews.com
  (Reuters) – Deutsche Boerse AG is considering lowering the approval threshold for its merger with London Stock Exchance Group Plc to 60 percent of shareholders from 75 percent, the Wall Street Journal reported, citing people familiar with the matter.
  Deutsche Boerse is concerned that the tender offer, launched for its shares as part of the deal, could fail to get more than 75 percent of its stock by the Tuesday deadline, the Journal said, citing the people. (http://on.wsj.com/29xqHa1)
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• Deutsche Boerse mulls trimming LSE tender threshold to 60 percent - WSJ

  10-07-2016 19:59 via news.yahoo.com
  
  (Reuters) - Deutsche Boerse AG is considering lowering the approval threshold for its merger with London Stock Exchance Group Plc to 60 percent of shareholders from 75 percent, the Wall Street Journal reported, citing people familiar with the matter. Deutsche Boerse is concerned that the tender offer, launched for its shares as part of the deal, could fail to get more than 75 percent of its stock by the Tuesday deadline, the Journal said, citing the people. London Stock Exchange Group said on Ju
  
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• Deutsche Boerse mulls trimming LSE tender threshold to 60 pct -WSJ

  10-07-2016 19:52 via news.yahoo.com
  Deutsche Boerse AG (Xetra: 581005 - news) is considering lowering the approval threshold for its merger with London Stock Exchance Group Plc to 60 percent of shareholders from 75 percent, the Wall Street Journal reported, citing people familiar with the matter. Deutsche Boerse (LSE: 0H3T.L - news) is concerned that the tender offer, launched for its shares as part of the deal, could fail to get more than 75 percent of its stock by the Tuesday deadline, the Journal said, citing the people. A fina
  
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• MIDEAST STOCKS-Egypt jumps on further devaluation speculation

  10-07-2016 15:36 via news.yahoo.com
  By David French DUBAI, July 10 (Reuters) - Egypt's stock market posted its largest one-day gain in nearly four months on Sunday as speculation over a further currency devaluation in the North African country combined with positive global cues to propel the exchange higher. In the first day of trading after the Eid al-Fitr holiday, which marks the end of the Muslim fasting month of Ramadan, Egypt's main index jumped 4.7 percent. The surge came after a 2.9 percent increase last Monday, the last se
  
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• MIDEAST STOCKS-Saudi, Egypt stock markets rise in early post-Eid trade

  10-07-2016 11:15 via news.yahoo.com
  Saudi Arabia's stock market rose in early trading on Sunday, the first day many Middle Eastern bourses re-opened after the Eid al-Fitr holiday, while the performance of other regional exchanges were mixed. The main Tadawul index rose 0.8 percent, with most blue chip stocks higher, including Al Rajhi Bank and Saudi Basic Industries Corp, which were 2.6 percent and 0.3 percent higher respectively. Saudi Arabia's midcaps were also broadly firmer on the first day of trading since June 30, led by Faw
  
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• Wall Street Weekahead: Bank earnings loom large as stocks near record

  10-07-2016 07:02 via news.yahoo.com
  
  By Chuck Mikolajczak NEW YORK (Reuters) - The focus on Wall Street will shift to corporate earnings next week after a strong June jobs report on Friday gave investors confidence that the U.S. economy was on stable footing and left the S&P 500 within a whisper of a new closing record high. Earnings next week are expected from big banks JPMorgan Chase, Citigroup and Wells Fargo as well as other financial companies such as BlackRock and PNC Financial Services. If bank earnings come in better th
  
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