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Deutsche Boerse head nominated to UBS board

March 12, 2013 05:45
Swiss banking giant UBS said Tuesday it would nominate German stock market chief Reto Francioni to its board after the former head of Lufthansa, Wolfgang Mayrhuber, had opted not to stand for reelection. "I am very pleased to announce the nomination of Reto Francioni for election to the board," UBS chairman Axel Weber said in a statement. The nomination of the Deutsche Boerse head -- a 57-year-old Swiss citizen who previously lead the Swiss stock exchange -- will take place at the next UBS general meeting of shareholders on May 2. noo/nl/br

Italy vote uncertainty weighs on European shares

February 25, 2013 15:16
* FTSEurofirst closes up 0.04 pct, off earlier highs * Euro STOXX 50 ends up 0.8 pct * Signs of Berlusconi boost in Italy vote hits equities * Takeover talk lifts Elan and Deutsche Boerse By Sudip Kar-Gupta LONDON, Feb 25 (Reuters) - Uncertainty over Italy's general elections dragged European stock markets off earlier highs, on concerns that an unclear outcome could hamper the country's efforts to implement economic reforms.

Deutsche Boerse denies merger talks with CME

February 25, 2013 10:00
German stock market operator Deutsche Boerse denied on Monday that it is in merger talks with CME Group in the United States after corresponding rumours had sent the company's share price soaring nearly 12 percent. "Deutsche Boerse AG is not in merger negotiations with CME Group," the company said in a brief statement.

European shares up as investors bet on clear win in Italy

February 25, 2013 08:45
* FTSEurofirst 300 up 0.7 percent * Investors eye win for pro-reform party in Italy * Italian banks lead gainers * Deutsche Borse leaps on M&A report * Elan rallies on $6.6 mln bid approach By David Brett

Deutsche Boerse shares soar on rumours of CME merger

February 25, 2013 08:16
Shares in German stock market operator Deutsche Boerse soared nearly 12 percent in midday trading on Monday on rumours the company is in merger talks with CME Group in the United States. Deutsche Boerse shares topped an intraday high of 52.30 euros, a gain of 11.5 percent over the closing share price on Friday. A company spokesman declined to comment on a newswire report that Chicago-based CME, the world's largest futures exchange, has approached Deutsche Boerse to consider starting talks on a merger. spm-etb/ric/hd

Deutsche Boerse cautious after profits down in 2012

February 20, 2013 09:45
German stock market operator Deutsche Boerse expressed caution on Wednesday for the outlook for the current year after earnings were hit last year by the "challenging" market environment. "If the situation on the capital markets improves, we see net revenues of more than 2.0 billion euros ($2.7 billion) this year," compared with 1.93 billion euros in 2012, finance chief Gregor Pottmeyer told a news conference here.

Deutsche Boerse says net profit down in 2012

February 20, 2013 04:15
German stock market operator Deutsche Boerse said earnings were hit last year by the "challenging market environment". Deutsche Boerse said in a statement late Tuesday that group net profit fell by 24.6 percent to 645 million euros ($866 million). Net revenues were down 8.9 percent at 1.932 billion euros and operating profit, as measured by earnings before interest and tax (EBIT), fell by 16.6 percent to 969.4 million euros.

Deutsche Boerse says net profits down in 2012

February 5, 2013 09:16
German stock market operator Deutsche Boerse said Tuesday it booked net profit of 660 million euros ($895 million) in 2012, down from 849 million euros a year earlier. Underlying profit, as measured by earnings before interest and tax (EBIT), amounted to "around 1.0 billion euros", the group said in preliminary figures. A year earlier, Deutsche Boerse had booked EBIT of 1.152 billion euros. Revenues were also down at 1.93 billion euros, compared with the year-earlier figure of 2.233 billion euros.

Deutsche Boerse says net profits down in 2012

February 5, 2013 08:16
German stock market operator Deutsche Boerse said Tuesday it booked net profit of 660 million euros ($895 million) in 2012, down from 849 million euros a year earlier. Underlying profit, as measured by earnings before interest and tax (EBIT), amounted to "around 1.0 billion euros", the group said in preliminary figures. A year earlier, Deutsche Boerse had booked EBIT of 1.152 billion euros. Revenues were also down at 1.93 billion euros, compared with the year-earlier figure of 2.233 billion euros.

EU antitrust regulators block 5.2 bln euro UPS, TNT deal

January 30, 2013 06:45
BRUSSELS, Jan 30 (Reuters) - EU antitrust regulators blocked a 5.2 billion euro ($7 billion) bid by United Parcel Service Inc for TNT Express as expected, saying the firm had not offered adequate concessions to ensure the deal would not hurt consumers. The world's No. 1 package delivery company had flagged the negative decision on Jan. 14, saying it would withdraw its bid because of opposition from the EU competition regulator. The deal would have given it access to Dutch peer TNT's str onger networks in fast-growing Asian markets and Latin America.
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