London Stock Exchange (LON:LSE) - Steady as she goes
Jul 19th 2012 - Edison Investment Research today published a report on London Stock Exchange (LSE.L, LSE:LSE, LON:LSE) entitled "Steady As She Goes". In summary, the report says:
Ongoing monthly disclosure of market data, together with the group’s diversified, relatively stable, service-driven income streams means that there were few surprises in the revenues reported in the IMS on 18 July. Market estimates for the full year may be modestly cut as analysts update their models for further adverse FX movements, but again these should be no surprise. While equity markets remain challenging, the group has diversified its revenue streams into a range of other products/services.
Edison Investment Research is a leading international investment research company. It has won industry recognition, with awards both in the UK and internationally. The team of 95 includes over 60 analysts supported by a department of supervisory analysts, editors and assistants. Edison writes on more than 400 companies across every sector and works directly with corporates, fund managers, investment banks, brokers and other advisers. Edison’s research is read by institutional investors, alternative funds and wealth managers in more than 100 countries. Edison, founded in 2003, has offices in London, New York and Sydney and is authorised and regulated by the Financial Services Authority (www.fsa.gov.uk/register/firmBasicDetails.do?sid=181584). more »
