Your email has been successfully added to our mailing list.

×
0 0 0 0 0 0 0 0
Stock impact report

CNBC's UK Exchange newsletter: The billion-dollar takeover of one of London's oldest asset managers won't be forgotten [CNBC]

Lloyds Banking Group Plc American Depositary Shares (LYG) 
US:NYSE Investor Relations: lloydsbankinggroup.com/investors
Company Research Source: CNBC
Key Points Schroders' exit from merchant banking probably came at the right time, and the sale of the asset management business looks no less shrewdly timed. Profit margins have been contracting for asset managers for years as an increasing chunk of client money has switched from active to passive management. In this article This report is from this week's CNBC's UK Exchange newsletter. Like what you see? You can subscribe here. The dispatch Some takeovers of U.K. companies arouse little attention. Others, like the £11.5-billion takeover of Cadbury by Kraft in 2010, stir emotions even many years later. To judge from the initial response, it feels as if the £9.9-billion acquisition of the asset manager Schroders by Nuveen, announced last week, will be one of the latter. City types of a certain age have been dismayed at the loss of one of the Square Mile's bastions. As Marc Rubinstein, a former employee, posted on LinkedIn: “Some institutions you assume will outlast y Show less Read more
Impact Snapshot
Event Time:
LYG
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for LYG alerts
Opt-in for
LYG alerts

from News Quantified
Opt-in for
LYG alerts

from News Quantified