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Stock Market & Financial Investment News

News Breaks
June 19, 2014
10:21 EDTMRKTMarkit IPO indicated to open $26.00 on 1.3M shares
Markit (MRKT) priced 53.472M shares at $24.00. BofA/Merrill, Barclays, Citigroup, Credit Suisse, Deutsche Bank, Goldman, HSBC, JPMorgan, Morgan Stanley and UBS acted as joint book running managers for the offering.
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September 9, 2014
11:59 EDTMRKTBarclays narrows bidders for index unit to Markit, S&P, Reuters says
Barclays (BCS) has narrowed the list of bidders for its Index, Portfolio and Risk Solutions business, which could fetch more than $1B, to Markit (MRKT) and McGraw Hill Financial's (MHFI) Standard & Poor's unit, according to Reuters, citing people familiar with the matter. MSCI (MSCI) and privately-held Bloomberg had also expressed interest, according to the report. Reference Link

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