LSE

first_img Share whatsapp KCS-content LSE has not had an easy time so far this year, after it was shuffled out of the FTSE 100 in June. Following the worst of the financial crisis, 2010 has seen nervous investors shuttle into bonds and out of equities, partly explaining why the company’s revenues saw barely any change.Its results yesterday benefited from a one-off gain of £5.6m after renegotiating VAT calculations with the Treasury, but they were otherwise right on consensus, with operating profit of £155m. Still, despite growing fragmentation in the marketplace, LSE is well-placed to compete in Europe.It maintains a dominant market share in the UK and with its move into high-frequency trading (albeit slightly marred by suspected sabotage), it has proved that, with some prodding, it is ready to move with the times. [email protected] Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe Wrap’Sex and the City’ Sequel Series at HBO Max Adds 4 More ReturningThe WrapNewsmax Rejected Matt Gaetz When Congressman ‘Reached Out’ for a JobThe Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The Wrap Thursday 18 November 2010 8:33 pm whatsapp Tags: NULL LSE Show Comments ▼last_img

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