| Broker snap: UBS downgrades ratings for 'Glenstrata' - UBS has downgraded its rating for Xstrata from buy to neutral, prompting an identical ratings cut for the mining group's potential merger-partner Glencore.
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| STI group acquires Maybank ATR's life insurance unit - Maybank ATR Kim Eng Financial Corp. has sold its life insurance business to the group of businessman and stock broker Eusebio Tanco.
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| Broker tips: Aviva, ICAP, Miners - Nomura has reiterated its buy recommendation and 600p target price for insurance group Aviva following its first-quarter results, saying that solvency ratios are stable and sales are solid.
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| Broker snap: UBS upgrades ICAP on valuation grounds - UBS has upgraded its rating for interdealer broker ICAP from sell to neutral following the group's full-year results announced yesterday.
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| ICAP in talks to buy PLUS stock exchange - LONDON (Reuters) - ICAP , the world's largest interdealer broker, is in talks to buy the stock exchange unit of PLUS Markets Group , in a move to pre-empt regulatory reforms to increase the use of exchanges. PLUS said in a regulatory statement on Thursday it was in talks with the broker but there was no certainty a transaction would be completed. ...
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| Broker tips: Smiths Group, Kazakhmys, Babcock - Investec has cut its target price for medical devices maker Smiths Group following the firm's third-quarter trading update this morning, saying that while there was no major surprises, there also wasn't ...
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| Proxy Fee Advisory Committee Proposes Recommendations on Proxy Distribution Fees - The Proxy Fee Advisory Committee , formed by the New York Stock Exchange, today published its recommendations for changes to the fees paid by public companies to banks and brokers for the distribution of proxy materials to shareholders who hold their stock in “street name.” Composed of issuers, broker dealers and investors, the PFAC was formed in September 2010 to review the existing proxy ...
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| GiveAshare.com to Offer Facebook Stock for the 99 Percenters - Today GiveAshare.com announced that Facebook stock will be added to its stock list within minutes of the much-anticipated IPO expected on May 17. This will enable non-investors to
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| UPDATE 1-ICAP in talks to buy PLUS stock exchange - (Adds analyst comment) LONDON, May 17 (Reuters) - ICAP, the world's largestinterdealer broker, is in talks to buy the stock exchange unitof struggling PLUS Markets Group in preparation for newrules that ...
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