German Postbank shares soar on fresh merger rumours
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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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German business confidence unexpectedly spiked in December, raising hopes for an overall European economic rebound, the Financial Times reported.
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Germany&#39;s troubled state-run bank SachsenLB was bought out by the Landesbank Baden-Wuerttemberg (LBBW) on Sunday to save it from bankruptcy after it was badly hit by the US subprime crisis.
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Deutsche Boerse is upping the stakes in the battle for the London Stock Exchange, with media reports suggesting that the German stock market operator is ready to raise its offer and might sell its Clearstream ...
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Shares in British bank Barclays PLC pushed higher Monday on media reports that it has held merger talks with U.S. banking giant Wells Fargo &amp; Co.
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European shares notched up a fresh five-month high on Thursday, helped by miners as base metal prices shot to multi-year peaks and by German utility giant E.ON  on news of an asset sale in Norway.
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Business & money: 9.30am: Shares in the bank jumped almost 3% after recommendation.
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Europe's year-end rally gathered momentum this week with bid speculation in the banking and retail sectors helping equities reach a fresh 5&frac12;-year high on Friday.
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Europe&#39;s main stock markets mainly rose Monday, but Paris shares were hit by news of a merger between utility giants Suez and Gaz de France.
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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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Europe&#39;s main stock markets jumped higher thanks to takeover talk in the banking, travel and stock exchange sectors, dealers said Wednesday.
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European stock markets rose strongly with London trading at fresh two-year high points, as English football giant Manchester United said it had received a takeover approach.
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European stock markets have risen as investors reacted to a series of newspaper reports suggesting possible takeover deals.
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The German bourse reportedly prepares to raise its proposed bid price for the London Stock Exchange to Â£1.5bn.
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Commerzbank , which has been persistently cited as a possible takeover target, jumped 2.2 percent to 37.8 euros, its highest in nearly seven years on market talk Citigroup  was likely to bid about 45 euros for the bank.
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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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SAN FRANCISCO (CBS.MW) -- Shares of wireless carriers Nextel and Sprint rose Thursday after the Wall Street Journal reported that the companies are discussing a merger.