DailyMarkets.com - How The Z-score Can Help Your Investment Returns

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• How The Z-score Can Help Your Investment Returns
• Forex – GBP/JPY Up During The Asian Session
• Medtronic’s ‘Scan-Safe’ Pacemaker
• Cigarette Sales Boost Helps Phillip Morris’ 4Q
• The Day Ahead: Earnings, U. Of Michigan Consumer Sentiment, US Trade Balance, UK And German Inflation Data
• Forex – NZD/USD Down In Asian Trade
• GM’s Monthly Sales In China Shoot
• First Solar And Edison Join Forces
• Stock Market Ideas For Friday, February 11
• Hot Option Plays: Eyes Were On Egypt
• Q2 2011 Looks Good
• FLIR Systems Misses Barely
• Earning Scorecard: Dow Chemical
• Federal Red Ink Less Than Expected
• Orphan Status For Bayer Candidate
• Hanger Tops, Charges Hit Profit
• The Perfect Metaphor
• LabCorp Beats, EPS Guidance Misses
• Statoil Misses, Output Drops
• Equifax Posts A Decent Quarter
• Forex – EUR/USD Down At The End Of U.S. Session
• Goodyear Outplays, Scores Low Profit
• Terex Narrows Losses, Shy Of Zacks
• Sonoco A Penny Ahead
• Forex – USD/JPY Up On Economic Data
• Closing Bell Market Monitor: Egypt, S
• Forex – EUR/USD Down Toward The End Of U.S. Session
• U.S. Markets Mixed At Close; Dow Jones Down 0.09%
• Forex – GBP/USD Down During The U.S. Session
• Prudential Trades Past Estimates
• Penn Virginia Dips, Revenue Robust
• Hot Option Plays: Safefty Trades Have Been Hit
• CSC Earnings Ahead Of Ests
• Rio Tinto Beats
• Sprint Misses, Loss Narrows
• Activision Beats, Outlook Dull
• Forex – USD/CAD Up In U.S. Trade
• EUR/GBP’s Bearish Targets At 0.8340 And 0.8250
• UCLA Commerce Index Increases For 14th Month
• Stockopedia FTSE 100 Round-up: LSE Merger Plans Put The Focus On Miners

How The Z-score Can Help Your Investment Returns Posted: 10 Feb 2011 05:45 PM PST I recently came across an interesting article in the Financial Times called New study re-writes the A-Z of value investing based on thought provoking research from the investment bank Morgan Stanley (NYSE:MS). They found that when buying undervalued companies based on valuation measures such as price to book value (“PB”) and price to earnings (“PE”) ratios, in economic downturns, returns are very dependent on the balance sheet financial strength of the company. This makes intuitive sense and … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – GBP/JPY Up During The Asian Session Posted: 10 Feb 2011 04:45 PM PST Forex Pros – The British Pound was higher against the Japanese Yen on Friday. GBP/JPY was trading at 134.16, up 0.13% at time of writing. The pair was likely to find support at 131.58, Tuesday's low, and resistance at 134.26, Thursday's high. Meanwhile, the British Pound was up against the U.S. Dollar and down against the Euro, with GBP/USD gaining 0.08% to hit 1.6112 and EUR/GBP rising 0.04% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Medtronic’s ‘Scan-Safe’ Pacemaker Posted: 10 Feb 2011 04:10 PM PST As a positive development for Medtronic's (NYSE:MDT) CRDM segment, the US Food and Drug Administration (FDA) has approved its Revo MRI SureScan pacemaker, designed to ensure safety in certain Magnetic Resonance Imaging (MRI) scans. The company expects to begin shipment of the product immediately. Following this approval, patients with pacemakers will be able to go for MRI, helping detect and treat a wide variety of medical conditions. Due to potential adverse events associated with MRI in such … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Cigarette Sales Boost Helps Phillip Morris’ 4Q Posted: 10 Feb 2011 04:10 PM PST 02/10/11 A boost in cigarette sales at higher sales, helped Philip Morris International Inc. say its net income grew 15% in the … [visit site to read more] or compare Best Credit Cards and Best CD Rates

The Day Ahead: Earnings, U. Of Michigan Consumer Sentiment, US Trade Balance, UK And German Inflation Data Posted: 10 Feb 2011 10:50 AM PST 02/11/11 The stories, data, and stocks that may have the greatest impact during the next trading … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – NZD/USD Down In Asian Trade Posted: 10 Feb 2011 03:50 PM PST Forex Pros – The New Zealand Dollar was lower against the U.S. Dollar on Thursday. NZD/USD was trading at 0.7612, down 0.43% at time of writing. The pair was likely to find support at 0.7597, today's low, and resistance at 0.7788, Tuesday's high. Meanwhile, the New Zealand Dollar was down against the Australian Dollar and the Euro, with AUD/NZD gaining 0.09% to hit 1.3151 and EUR/NZD rising 0.43% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

GM’s Monthly Sales In China Shoot Posted: 10 Feb 2011 03:40 PM PST General Motors Co. (NYSE:GM) revealed that its sales in China grew 22.3% to the monthly high of 268,071 vehicles in January. However, the sales growth was far less than that experienced in the same month last year (97%), when it totaled 219,192 vehicles. Shanghai GM, GM's China flagship venture, saw a whopping 46% rise in sales to 131,944 cars in the month under study. Meanwhile, sales of mini-vehicles rose 11% to 132,658 units. The automaker also sold 3,334 units of light-duty commercial … [visit site to read more] or compare Best Credit Cards and Best CD Rates

First Solar And Edison Join Forces Posted: 10 Feb 2011 03:40 PM PST First Solar Inc. (NASDAQ:FSLR) has signed a power purchase agreement with Edison International's (NYSE:EIX) regulated subsidiary Southern California Edison (SCE) for 250 Megawatts of Solar Photovoltaic Power. Per the agreement First Solar will develop the project titled Silver State South near Primm, Nevada. The project will interconnect with SCE's proposed Eldorado-Ivanpah 220-kilovolt transmission line. First Solar expects the project to begin producing electricity in 2014. Based in Phoenix, … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Stock Market Ideas For Friday, February 11 Posted: 10 Feb 2011 03:35 PM PST  ( click to enlarge ) Juniper Networks, Inc. (NASDAQ:JNPR) shares closed the day gaining more than 7% to a new 52-week high.  The stock has been on one of the most amazing runs of this most recent bull market. Looking at the daily chart the investor sentiment in Juniper stock showed by RSI continues strong and MACD still going up. Stock still trading in a strong Bull Market with share price above 20 dma, 50 dma and 200 daily moving average. Following this technical chart it’s predictable … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Hot Option Plays: Eyes Were On Egypt Posted: 10 Feb 2011 03:17 PM PST Cusick's Corner The market bounced on Egyptian President Mubarak's news conference where he vowed to step down in September. The Egypt ETF, EGPT, also bounced but we will have to see what happens if the crowds at Tahrir Square do not orderly dissipate. This news was expected — Mubarak already announced this news in his statement last week which affirms that this matter was already priced into the market. What is notable today is that the afternoon volume in the major indices (especially in … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Q2 2011 Looks Good Posted: 10 Feb 2011 03:10 PM PST Brian Marckx, CFA Q2 2011 Looks Good Electromed Inc. (ELMD) reported financial results for the second quarter on February 10, 2011.  Results, both on revenue and EPS, were generally in-line but slightly ahead of our estimates.  The company's press release and earnings call also did not provide any surprises.  As a result, our outlook, both in the near and longer term remains largely unchanged and while we have made some slight tweaks to our model, we are maintaining our … [visit site to read more] or compare Best Credit Cards and Best CD Rates

FLIR Systems Misses Barely Posted: 10 Feb 2011 03:10 PM PST FLIR Systems, Inc (NASDAQ:FLIR) reported fourth quarter 2010 earnings per share from continuing operations of 43 cents compared to the Zacks Consensus Estimate of 44 cents. Revenues for the quarter were $434 million, up 39% compared to the prior-year quarter. This was ahead of Zacks Consensus revenue estimate of $425 million. The acquisition of ICx Technologies was closed in the quarter, with net contribution of $46.1 million in revenues and $2.1 million in operating income. Revenue from the … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Earning Scorecard: Dow Chemical Posted: 10 Feb 2011 03:10 PM PST Chemical giant The Dow Chemical Company (NYSE:DOW) reported solid fourth-quarter 2010 financial results, which outperformed the Zacks Consensus Estimate, driven by increase in revenue in all its business segments. Fourth Quarter 2010 Highlights During fourth-quarter 2010, Dow earned 37 cents per share, ahead of the Zacks Consensus Estimate of 35 cents as well as last year's 8 cents. However, including one-time charges, the company earned 47 cents compared with 18 cents in the year-ago … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Federal Red Ink Less Than Expected Posted: 10 Feb 2011 03:10 PM PST In January, the Budget Deficit rose to $49.8 billion from $42.6 billion a year ago. As the budget deficit numbers are extremely seasonal, but not seasonally adjusted, that is the comparison that matters, not the month-to-month change (it was $78.1 billion in December for those of you who are interested, but do NOT read anything into the month-to-month change). This is the first month where the effects of the lame duck session tax deal come into play. While it is hard to paint a 16.9% increase … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Orphan Status For Bayer Candidate Posted: 10 Feb 2011 03:10 PM PST Recently, Germany's Bayer (BAYRY) announced that its cancer candidate regorafenib (BAY 73-4506) has been granted orphan drug designation by the US Food and Drug Administration (FDA). The status has been granted to Bayer's candidate for treating patients suffering from gastrointestinal stromal tumors (GIST),  a form of sarcoma involving the gastrointestinal tract. Regorafenib is currently undergoing late-stage studies for treating patients suffering from metastatic and/or unresectable … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Hanger Tops, Charges Hit Profit Posted: 10 Feb 2011 02:40 PM PST Hanger Orthopedic (NYSE:HGR) posted fourth-quarter fiscal 2010 adjusted earnings per share of 52 cents, outstripping the Zacks Consensus Estimate of 40 cents and the year-ago adjusted earnings of 37 cents. However, profit (as reported) for the quarter was pulled down by hefty charges. Fourth quarter profit plummeted nearly 94% year over year to $0.75 million (or 2 cents a share) as charges offset a double-digit growth in revenues. For fiscal 2010, adjusted earnings per share of $1.42 also … [visit site to read more] or compare Best Credit Cards and Best CD Rates

The Perfect Metaphor Posted: 10 Feb 2011 02:16 PM PST I admit I’ve been very confused by the ever-growing gap between Wall Street and Main Street, but when I looked at this chart, suddenly it all became clear. (Note: In case you were wondering, this is not a forecast and I don’t have any position in the stock. Cisco’s trading history just seemed like the perfect metaphor for the kind of market environment we find ourselves … [visit site to read more] or compare Best Credit Cards and Best CD Rates

LabCorp Beats, EPS Guidance Misses Posted: 10 Feb 2011 02:10 PM PST Leading lab-testing company Laboratory Corporation of America Holdings (NYSE:LH) reported an EPS of $1.26 in the fourth quarter of fiscal 2010 compared with the year-ago quarter's $1.33. However, after adjusting for restructuring and other special charges, the EPS came in at $1.34, ahead of the Zacks Consensus Estimate of $1.31 and the year-ago quarter's $1.16. For the full year, the adjusted EPS was $5.55, surpassing the Zacks Consensus Estimate by a penny and $4.89 in the previous … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Statoil Misses, Output Drops Posted: 10 Feb 2011 02:10 PM PST Statoil ASA (NYSE:STO) reported fourth-quarter earnings of 50 cents per ADR, well below the Zacks Consensus Estimate of 62 cents. However, the quarterly results were above the year-earlier earnings of 40 cents, mainly attributable to higher liquids and gas prices, partially offset by reduced liftings, higher net financial losses and tax hikes. Total revenue in the quarter improved 15% year over year to NOK 143.3 billion ($24.8 billion). Net income in the quarter stood at NOK 9.7 billion ($1.64 … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Equifax Posts A Decent Quarter Posted: 10 Feb 2011 02:10 PM PST Equifax Inc. (NYSE:EFX) posted decent fourth quarter 2010 adjusted earnings per share (EPS) of 62 cents, beating the Zacks Consensus Estimate of 60 cents. The adjusted EPS excludes acquisition-related amortization expense. The earnings surprise stemmed from growth across all revenue segments and high demand for new products. Revenue Revenue in the quarter was $482.0 million, up 10.7% from $435.4 million in the year-ago quarter and ahead of the Zacks Consensus Estimate of $476.0 million. The … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – EUR/USD Down At The End Of U.S. Session Posted: 10 Feb 2011 01:55 PM PST Forex Pros – The Euro was lower against the U.S. Dollar on Thursday after the release of U.S. data on Initial Jobless Claims. EUR/USD was trading at 1.3599, down 0.98% at time of writing. The pair was likely to find support at 1.3509, Monday's low, and resistance at 1.3744, Wednesday's high. Earlier in the day, official data showed that U.S. Initial Jobless Claims fell more-than-expected to a seasonally adjusted 383.00K last week from 419.00K in the preceding week whose figure was … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Goodyear Outplays, Scores Low Profit Posted: 10 Feb 2011 01:40 PM PST Goodyear Tire & Rubber Company (NYSE:GT) revealed a 32% decline in profit to $21 million or 7 cents per share (excluding special items) in the fourth quarter of 2010 from $31 million or 14 cents per share in the same quarter of 2010. However, the company fared well compared with the Zacks Consensus Estimate of a loss of 7 cents per share during the quarter. The decline in profit was primarily attributable to higher raw material costs, increased selling, administrative and general expenses and … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Terex Narrows Losses, Shy Of Zacks Posted: 10 Feb 2011 01:40 PM PST The string of losses continued at Terex Corp. (NYSE:TEX) with its fourth quarter incurring a loss per share of 30 cents. However, the loss narrowed noticeably from the year-ago loss of 95 cents a share. The reported loss was, however, wider than the Zacks Consensus Estimate of a loss per share of 10 cents. The loss in the quarter included severance costs and charges associated with restructuring and the accelerated depreciation of certain assets of $4.6 million, $4.5 million related to marking to … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Sonoco A Penny Ahead Posted: 10 Feb 2011 01:40 PM PST Sonoco Products Co. (NYSE:SON) delivered adjusted earnings per share (EPS) of 59 cents in its fourth quarter, beating the Zacks Consensus Estimate and the year-earlier EPS by a penny each. The quarter's EPS was at the mid-point of the guidance range of 57 cents to 61 cents, outperforming the company's expectation of earnings coming in at the lower end of the range. The year-over-year increase was driven by improved volume and lower pension costs, which were partially offset by a negative … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – USD/JPY Up On Economic Data Posted: 10 Feb 2011 01:40 PM PST Forex Pros – The U.S. Dollar was higher against the Japanese Yen on Thursday after the release of U.S. data on Initial Jobless Claims. USD/JPY was trading at 83.23, up 1.06% at time of writing. The pair was likely to find support at 81.78, Tuesday's low, and resistance at 83.37, today's high. Earlier in the day, official data showed that U.S. Initial Jobless Claims fell more-than-expected to a seasonally adjusted 383.00K last week from 419.00K in the preceding week whose figure was … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Closing Bell Market Monitor: Egypt, S Posted: 10 Feb 2011 01:30 PM PST 02/10/11 The latest in news, commentary, and information on what’s moving the US equities markets. Watch this broadcast LIVE at 4:00 pm EST daily @ … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – EUR/USD Down Toward The End Of U.S. Session Posted: 10 Feb 2011 01:25 PM PST Forex Pros – The Euro was lower against the U.S. Dollar on Thursday. EUR/USD was trading at 1.3596, down 1.00% at time of writing. The pair was likely to find support at 1.3509, Monday's low, and resistance at 1.3744, Wednesday's high. Meanwhile, the Euro was down against the British Pound and up against the Japanese Yen, with EUR/GBP shedding 0.95% to hit 0.8448 and EUR/JPY rising 0.06% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

U.S. Markets Mixed At Close; Dow Jones Down 0.09% Posted: 10 Feb 2011 01:10 PM PST Forex Pros – U.S. stocks were mixed after the closing bell on Thursday. At the close of U.S. trade, the Dow Jones Industrial Average fell 0.09%, the S&P 500 index gained 0.07%, while the Nasdaq 100 index climbed 0.14%. Earlier in the day, official data showed that U.S. Initial Jobless Claims fell more-than-expected to a seasonally adjusted 383.00K last week from 419.00K in the preceding week whose figure was revised up from 415.00K. Analysts had expected Initial Jobless Claims to fall to … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – GBP/USD Down During The U.S. Session Posted: 10 Feb 2011 12:46 PM PST Forex Pros – The British Pound was lower against the U.S. Dollar on Thursday after the release of U.S. data on Initial Jobless Claims. GBP/USD was trading at 1.6094, down 0.04% at time of writing. The pair was likely to find support at 1.6013, today's low, and resistance at 1.6185, Monday's high. Earlier in the day, official data showed that U.S. Initial Jobless Claims fell more-than-expected to a seasonally adjusted 383.00K last week from 419.00K in the preceding week whose figure was … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Prudential Trades Past Estimates Posted: 10 Feb 2011 12:40 PM PST Prudential Financial Inc.'s (NYSE:PRU) fourth quarter core operating income of $1.78 per share was significantly ahead of the Zacks Consensus Estimate of $1.47. Earnings also compared favorably with $1.20 in the year-ago quarter. Results for the quarter benefited from a greater reduction in policy acquisition costs and a higher reduction in minimum guaranteed benefit reserves, coupled with a strong performance in U.S. retirement and international insurance operations.  Prudential, ranked … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Penn Virginia Dips, Revenue Robust Posted: 10 Feb 2011 12:40 PM PST Penn Virginia Resource Partners L.P. (NYSE:PVR) reported fourth quarter and full-year 2010 results and provided its financial outlook for 2011. Penn Virginia's adjusted fourth-quarter earnings were 26 cents per unit, 5 cents below both the Zacks Consensus estimate of 31 cents and 7 cents below the year-ago earnings of 33 cents. Penn Virginia's full-year 2010 earnings of 83 cents substantially lagged the Zacks Consensus Estimate of $1.17 but outperformed the year-ago earnings of 76 cents by … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Hot Option Plays: Safefty Trades Have Been Hit Posted: 10 Feb 2011 12:18 PM PST Cusick's Corner With trade overnight mixed and disappointment from tech giant CSCO, the market looked pretty ominous until the beloved dip bid showed up. This has not returned the market to green but has lifted it off the worst levels of the session. The Claims Data on the surface looked excellent but the reality is a lot of folks who have been impacted by current weather conditions might have been unable to apply. We will have to monitor the data, see if it holds below that 400K over the … [visit site to read more] or compare Best Credit Cards and Best CD Rates

CSC Earnings Ahead Of Ests Posted: 10 Feb 2011 12:10 PM PST Computer Sciences Corporation (NYSE:CSC) reported third quarter 2010 EPS of $1.54, exceeding the Zacks Consensus Estimate of $1.48, while revenue of $4.01 billion remained below the Zacks Consensus of $4.15 billion. Revenue The company's third quarter 2011 revenue of $4.01 billion was up 1.5% compared to the year-ago quarter, driven by respectable revenue growth in the company's Commercial businesses. North American Public Sector (NPS) revenue was $1.48 billion, up 0.3% compared to the … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Rio Tinto Beats Posted: 10 Feb 2011 12:10 PM PST Global miner Rio Tinto Plc (NYSE:RIO) has reported outstanding results for fiscal 2010. Net earnings attributable to ADR holders of Rio Tinto during the period were $13,987 million, more than double of $6,298 million reported in fiscal 2009. The increase was due to the upward movement in the prices of commodities buttressed by lower cost, higher volume, and a slight improvement in the global economy, which increased the demand for rough diamonds. Earnings per ADR were $7.13, up from $3.57 recorded … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Sprint Misses, Loss Narrows Posted: 10 Feb 2011 12:10 PM PST Sprint Nextel (NYSE:S), the third-largest U.S. wireless carrier, reported fourth quarter 2010 adjusted net loss per share of 31 cents missing the Zacks Consensus Estimate of net loss of 29 cents. Sprint reported its fourth quarter results before the opening bell. Adjusted net loss narrowed from the year-ago loss of 34 cents. The year-over-year loss narrowed as Sprint gained customers from its expanded fourth generation long term evolution (4G LTE) services. Fiscal 2010 adjusted net loss expanded … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Activision Beats, Outlook Dull Posted: 10 Feb 2011 12:10 PM PST Activision Blizzard Inc. (NASDAQ:ATVI) reported fourth quarter 2010 results that beat the Zacks Consensus Estimate. Management pointed out that the quarter represented the largest and the most profitable quarter in the company's history. However, shares fell as a result of a disappointing first quarter and full year 2011 guidance. Operating Performance Earnings, including stock-based compensation but excluding one-time items, of 52 cents were up from 48 cents reported in the prior-year quarter. … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – USD/CAD Up In U.S. Trade Posted: 10 Feb 2011 12:05 PM PST Forex Pros – The U.S. Dollar was higher against the Canadian Dollar on Thursday. USD/CAD was trading at 0.9955, up 0.17% at time of writing. The pair was likely to find support at 0.9858, Monday's low, and resistance at 0.9988, today's high. Meanwhile, the U.S. Dollar was up against the Euro and the British Pound, with EUR/USD shedding 0.95% to hit 1.3602 and GBP/USD falling 0.03% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates

EUR/GBP’s Bearish Targets At 0.8340 And 0.8250 Posted: 10 Feb 2011 11:36 AM PST EUR/GBP - The EUR/GBP looks to have completed a correction rally, or has it. The decline right now has retraced 61.8% of the rally. Let's wait for a possible rally attempt to confirm the current bearish continuation signal. The rally should stay below 0.85, preferably topping lower than that like near 0.8480. - The RSI in the 1H chart broke below 30 to give us a signal of the bearish intention in the short-term. The RSI in the 4H chart failed to break cleanly above 60 after dipping below … [visit site to read more] or compare Best Credit Cards and Best CD Rates

UCLA Commerce Index Increases For 14th Month Posted: 10 Feb 2011 11:26 AM PST “The Ceridian-UCLA Pulse of Commerce Index (PCI), issued yesterday by the UCLA Anderson School of Management and Ceridian Corporation fell 0.3% on a seasonally and monthly workday adjusted basis in January, giving up some of December's exceptional 1.8% sequential gain. Because of the very strong December showing, the three-month annualized moving average is up 5.1% and gaining strength (see chart above). This follows a string of weak or negative readings experienced in the second half of … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Stockopedia FTSE 100 Round-up: LSE Merger Plans Put The Focus On Miners Posted: 10 Feb 2011 06:38 AM PST Excitement in London markets this week focused on the FTSE 250 listed London Stock Exchange (LON:LSE) itself, and its plans to "create a merger of equals" with Canada's TMX. News of the deal, which would give the LSE a 55% stake in the combined entity, got a warmer reception in London than Canada. Quebec officials are scrutinising the detail but there was nevertheless a sense among analysts (and the exchanges themselves) that both sides really need this deal. That sense was fuelled in the … [visit site to read more] or compare Best Credit Cards and Best CD Rates

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