Showing posts with label ICE. Show all posts
Showing posts with label ICE. Show all posts

Monday, 09 July 2007

ICE won't say if it will offer higher bid for CBOT

(Reuters) - "I can't talk about it. Give me a break," ICE Chairman Jeffrey Sprecher told Reuters before testifying at a Senate hearing on excessive speculation in U.S. natural gas markets.




Sprecher also declined to say if the ICE would wait to make a decision on whether to make a new bid until after CBOT shareholders finish voting on Monday on the CME's offer.


Read more at Reuters.com Mergers News

UK body changes tack and backs Lilly's drug Alimta

(Reuters) - The decision reverses a 2006 NICE opinion that Alimta, which is also known as pemetrexed disodium, was not cost-effective.




Read more at Reuters.com Hot Stocks News

Sunday, 08 July 2007

ICE won't raise offer for CBOT - WSJ

(Reuters) - At Friday's closing prices CME's bid was worth about $11.9
billion, including a one-time special dividend by CBOT payable
upon the deal closing. ICE's bid valued CBOT at about $11.8
billion.




ICE and CBOT could not be immediately reached for comment.


Read more at Reuters.com Mergers News

Friday, 06 July 2007

CBOT, Genzyme, Macy's, Mannatech, Parametric: U.S. Equity Movers Final

(Bloomberg) -- The following is a list of companies
whose shares had unusual price changes on U.S. exchanges. Stock
symbols are in parentheses after company names. Share prices are
as of 4 p.m. in New York.

CBOT Holdings Inc. (BOT US) rose $17.85, or 8.7 percent, to
$224. Chicago Mercantile Exchange Holdings Inc. (CME US) raised
its offer for the Chicago Board of Trade for a third time, to $11
billion, to fend off rival Intercontinental Exchange Inc. (ICE
US) and form the world's largest futures exchange. Chicago Merc
shares rose $19.11, or 3.4 percent, to $574.80, and
Intercontinental shares gained $4.28, or 2.8 percent, to $156.09.


Read more at Bloomberg Stocks News

CBOT, Golden Telecom, Mannatech, Raymond James, Rowan: U.S. Equity Movers

(Bloomberg) -- The following is a list of companies
whose shares are having unusual price changes on U.S. exchanges.
Stock symbols are in parentheses after company names. Share
prices are as of 11:40 a.m. in New York.

CBOT Holdings Inc. (BOT US) rose $10.28, or 5 percent, to
$216.43. Chicago Mercantile Exchange Holdings Inc. (CME US)
raised its offer for the Chicago Board of Trade for a third time,
to $11 billion, to fend off rival Intercontinental Exchange Inc.
(ICE US) and form the world's largest futures exchange. Chicago
Merc shares fell $6.94 to $548.75, and Intercontinental shares
gained $3.11 to $154.92.


Read more at Bloomberg Stocks News

Friday, 29 June 2007

UK Alzheimer's drug case ends, judgement reserved

(Reuters) - The judge had been asked to quash the decision of the
National Institute for Health and Clinical Excellence to
restrict access to Alzheimer's drugs on the state National
Health Service.




Manufacturers argued that the way in which NICE reached its
decision to deny drugs costing around $5 a day to NHS patients
newly diagnosed with mild Alzheimer's disease was flawed and
unlawful.


Read more at Reuters.com Government Filings News

Thursday, 21 June 2007

UPDATE 1-ICE urges CBOT members to vote against CME deal

(Reuters) - Energy exchange ICE, which has been pursuing the parent of
the Chicago Board of Trade, told CBOT shareholders and members
in a letter that the CBOT board has "endorsed a deal with CME
that undervalued the CBOT from the outset."




ICE Chief Executive Officer Jeffrey Sprecher said in the
letter that CBOT's board has agreed to a "bargain-basement
sale" in a transaction that would leave $1.3 billion of
shareholders' money on the table, and urged them to vote
against the deal.


Read more at Reuters.com Mergers News