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Diversified Financial Services Specialized Finance

  • Oct 31- Adient, the automotive seating and interiors company spun off from Johnson Controls International Inc, started trading on the New York Stock Exchange on Monday and ran into the downdraft buffeting other automotive stocks, despite an optimistic outlook. Adient Chairman and Chief Executive Bruce McDonald and executive vice president Byron Foster...

  • LONDON, Oct 31- The Hong Kong bourse will copy the iconic open outcry trading ring at the London Metal Exchange in its new spot commodity platform in mainland China, seeking to lure Chinese producers and consumers. Qianhai, a new free trade zone near Hong Kong, will host the platform being put together by Hong Kong Exchanges and Clearing Ltd for trading metals...

  • The company, which owns the Chicago Board Options Exchange, said operating revenue fell 16.5 percent to $156.21 million. CBOE said net income allocated to common shareholders fell to $40.28 million, or 50 cents per share, in the quarter ended Sept. 30 from $67.22 million, or 81 cents per share, a year earlier. Excluding items, the company earned 58 cents per share,...

  • Chicago- based CBOE said on Friday that net income allocated to common shareholders fell to $40.28 million, or 50 cents per share, in the quarter ended Sept. 30, from $67.22 million, or 81 cents per share, a year earlier.

  • NEW DELHI/ MUMBAI, Oct 27- Tata Sons accused its former chairman, Cyrus Mistry, of making "unsubstantiated claims and malicious allegations" against the Indian conglomerate as the gloves came off in a bitter and highly public row over his sacking earlier this week. The acrimonious exchanges have prompted aides to Prime Minister Narendra Modi to urge restraint in...

  • LONDON, Oct 27- When Hong Kong Exchanges and Clearing bought the venerable London Metal Exchange in 2012, the narrative was all about China. While the purchase of the LME was all about China, it wasn't a Chinese company that was actually doing the buying. Hong Kong has its own unique history and place within China, a relationship famously dubbed "one country, two...

  • Nasdaq net income in the third quarter dropped 5.1 percent to $131 million, or 77 cents per diluted share, compared to $138 million, or 80 cents per diluted share, a year earlier, it said. The New York- based company also bought Canadian stock trading venue CXC and news distribution company Marketwired in February. Nasdaq rival Bats Global Markets is being acquired...

  • But amid the furore, Portugal's bond yields rose only slightly, allowing them to narrow the gap with German equivalents to their tightest in over six weeks. Rating agency DBRS on Friday maintained Portugal's credit rating at the lowest investment grade level with a stable outlook after months of market speculation that it could downgrade the slow-growing,...

  • But Portugal's bond yields trimmed their rises following a 1 billion euro sale of five-year bonds. Rating agency DBRS on Friday maintained Portugal's credit rating at the lowest investment grade level with a stable outlook after months of market speculation that it could downgrade the slow-growing, heavily indebted economy. Analysts caution that...

  • NEW YORK, Oct 25- Artificial intelligence programs have beaten chess masters and TV quiz show champions. Two exchange operators have announced plans to launch artificial intelligence tools for market surveillance in the coming months and officials at a Wall Street regulator tell Reuters they are not far behind. A.I. may even sniff out new types of chicanery,...

  • NEW YORK, Oct 25- Artificial intelligence programs have beaten chess masters and TV quiz show champions. Two exchange operators have announced plans to launch artificial intelligence tools for market surveillance in the coming months and officials at a Wall Street regulator tell Reuters they are not far behind. A.I. may even sniff out new types of chicanery,...

  • *Q3 revenue 376.2 mln stg vs estimates of 366.8 mln stg. LSE, which also owns Borsa Italiana, saw strong business in the third quarter as the London stock market hit record high levels and benefited from a slide in the pound since Britain's June 23 vote to leave the European Union. Shares in the exchange operator were up 0.6 percent at 2,831 pence at 1111 GMT, a modest...

  • RIO DE JANEIRO, Oct 19- A Brazilian tax appeals board on Wednesday delayed a ruling on the legality of tax benefits declared by the BM&FBOVESPA SA stock, commodities and futures market in 2008 and 2009 related to the merger that created the company, BM&F Bovespa said. Brazil's tax authority Receita Federal said BM&FBOVESPA improperly amortized goodwill...

  • *Euronext in talks with LSE on Clearnet SA- sources. *Rivals like CME Group seen as possible bidders for Clearnet SA. LONDON/ PARIS, Oct 19- The London Stock Exchange's move to sell off its French clearing business has left France's stock market operator Euronext facing a dilemma.

  • *Euronext in talks with LSE on Clearnet SA- sources. *Rivals like CME Group seen as possible bidders for Clearnet SA. LONDON/ PARIS, Oct 19- The London Stock Exchange's move to sell off its French clearing business has left France's stock market operator Euronext facing a dilemma.

  • WASHINGTON, Oct 18- A U.S. Commodity Futures Trading Commission senior regulator is being thrust into the spotlight after the agency fined her former employer for a supervisory breakdown over illegal wash trades that primarily occurred on her watch. The commission's Sept. 28 civil case against Newedge USA LLC, now fully owned by Societe Generale, makes no...

  • WASHINGTON, Oct 18- A U.S. Commodity Futures Trading Commission senior regulator is being thrust into the spotlight after the agency fined her former employer for a supervisory breakdown over illegal wash trades that primarily occurred on her watch. The commission's Sept. 28 civil case against Newedge USA LLC, now fully owned by Societe Generale, makes no...

  • SAO PAULO, Oct 18- Home sales, launches and deliveries in Brazil rose in August for the first time in 13 months, an early sign that the effects of a harsh recession, a credit crunch and weak confidence among potential homebuyers are beginning to wane. An index grouping Brazil's construction and real estate companies trading in the São Paulo Stock Exchange has...

  • HONG KONG, Oct 18- China's credit growth has been "very fast" by global standards and without a comprehensive strategy to tackle the debt overhang, there's growing risk it will have a banking crisis or sharply slower growth or both, the International Monetary Fund said. Rating agency S&P Global has estimated China's banks will need as much as $1.7 trillion in...

  • Oct 17- Financial and commodity markets operator Intercontinental Exchange Inc will have to sell commodities software house Trayport to preserve competition in the energy trading industry, Britain's competition watchdog said on Monday. http://bit.ly/2elcJZN. The New York Stock Exchange owner shelved plans in May to make a counterbid for the London...