Sovereign shares rise on board battle report
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Sovereign Bancorp Inc.  shares surged early on Friday after a report that a looming boardroom battle could prompt the ouster of company chief Jay Sidhu and potentially put the big Philadelphia bank into play.
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Europe&#39;s main stock markets mainly rose as investors seized on the latest developments in the multi-billion-euro takeover battle for control of Dutch lender ABN Amro, dealers said Monday.
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Shares in German postal bank Deutsche Postbank leapt higher Wednesday amid fresh takeover and merger speculation sparked by a press report early in the day.
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Shares in Deutsche Boerse rise amid signs of shareholder opposition to its proposed takeover of the London Stock Exchange.
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London stock markets moved higher on Friday, shrugging off Wall Street losses thanks to strength in mining groups and pharmaceuticals.
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European shares edged higher on Monday bolstered by reassuring comments from UK bank Lloyds TSB on its earnings expectations for this year.
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Banks and insurers pushed European shares higher on Wednesday, with Britain&#39;s HBOS spearheading the gains on relief it would not be wading into a bidding war for domestic banking peer Abbey.
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London equities moved higher on Thursday, after the insurance sector received a boost following strong numbers from Aviva.
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Shares in Reuters Group PLC rose Thursday on speculation that its part-owned stock-trading network Instinet Group Inc. is up for sale.
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European equity moved higher by mid-morning on Wednesday as positive momentum built after a cautious start on Wednesday following the military coup in Thailand, which sparked overnight losses in Asian markets.
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London's FTSE 100 shot higher on Monday, with banks in focus amid the nationalisation of troubled lender Northern Rock.
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BSkyB sees its share price rise after it reports better-than-expected new subscriber numbers.
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Shares in Barclays PLC rose Monday following reports that a U.S. hedge fund had bought a stake in the bank and was opposing Barclays' bid to take over ABN Amro Holding NV.
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Shares in the LSE jumped nearly 26 per cent to a new record at 540 pence after Deutsche Boerse made a Â£1.3-billion approach, which was rejected by Europe&#39;s biggest equity market.
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Shares in Macquarie Bank have risen on speculation the acquisitive Australian outfit was preparing a bid for British utilities giant Thames Water.
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Shares in Sydney-based QBE Insurance Group Ltd shot up 3.4 per cent on Tuesday after it announced a management restructure of its European operations.
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Vodafone  shares  climbed on Monday after the British mobile phone giant beat  rival suitors with an $11.1 billion bid for a controlling stake  in Hutchison Essar, India's fourth-biggest cellphone firm.