Jan 28th 2013 - Edison Investment Research today published a report on London Stock Exchange (LSE.L, LSE:LSE, LON:LSE) entitled "Some Encouraging Green Shoots". In summary, the report says:
LSE’s IMS detailed revenue performance in Q3. Overall income was 4% ahead of consensus with a reasonable beat in treasury income and capital markets. The former is likely to be looked through, but the latter is more encouraging with admission fees at their highest level since Q112. The outlook comment is positive. Despite the strong share price performance in the past month, partially driven by the re-negotiation of the LCHClearnet deal approaching final approvals, we expect this announcement to be well received.
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