10 Quotes by Keith Bowman
- Author Keith Bowman
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The positive share price reaction is a result of investor perception that the sum of the parts is worth more than the current combined businesses.
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- Author Keith Bowman
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While market expectation is that it will eventually lead to a full blown takeover, it could in the medium term prove to be a negotiating tactic - the board of the London Stock Exchange now have to think again with regards to their possible future while Nasdaq has effectively left itself with a big say in any future developments.
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The... acquisition of the Birthdays chain of stores is compounding what are without doubt the most challenging trading conditions the group has seen in years.
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Today's in-line figures mark an interesting contrast with the above forecast results received recently from rival Legal and General -- where improved UK business underpinned well-received figures.
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Today's fall. . . is as much about profit taking as it is to do with the cautious outlook statement.
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There is likely to be much deliberation over such a bid and it is almost unthinkable that the U.K. government would not become involved.
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We certainly had very good levels of interest from private clients.
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Although the revenue figure came in ahead of consensus forecasts, investors should not get carried away -- this is only the first-quarter period and there is still a long way to go.
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This looks to be a clever and unexpected move by the Nasdaq exchange.
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