Navigate this market better. Subscribe for FREE stock alerts and information.

Wednesday, December 19, 2012

Market Chatter-Corporate finance press digest, (NYSE: ICE), (NYSE: NYX)

The following corporate finance-related stories were reported by media on Thursday: * IntercontinentalExchange Inc and NYSE Euronext are in talks about a possible merger, which may be structured as a takeover of NYSE, the Wall Street Journal reported.* The London Stock Exchange Group Plc has cut its offer for LCH.Clearnet by almost a third to 312 million euros ($413.7 million), to reflect rising capital requirements, sources familiar with the matter said.

IntercontinentalExchange, Inc. (ICE) is an operator of global futures exchanges, over-the-counter (OTC), markets, derivatives clearing houses and post-trade services. Shares of ICE traded higher by 0.21% or $0.27/share to $128.31. In the past year, the shares have traded as low as $110.67 and as high as $142.75. On average, 465840 shares of ICE exchange hands on a given day and today's volume is recorded at 1694708.

NYSE Euronext is a global operator of financial markets and provider of trading solutions. Shares of NYX traded higher by 0.88% or $0.21/share to $24.05. In the past year, the shares have traded as low as $22.25 and as high as $31.25. On average, 2618730 shares of NYX exchange hands on a given day and today's volume is recorded at 3297259.



Source