London Stock Exchange PLC has reduced the value of its bid to buy up to 60 percent of European clearing house LCH.Clearnet to take into account new capital requirements being imposed by regulators.
The Exchange said Monday that its offer values LCH.Clearnet at a provisional €15 ($19.83) a share, down from the March offer of around €20 a share. The overall value of the deal was not disclosed.
It said...
Stocks fall as hopes for a budget deal fade
Labels: BusinessStocks are closing lower on concern that lawmakers will run out of time to reach a budget deal before year-end.
The Dow Jones industrial average lost 52 points to close at 13,139 Monday in a shortened holiday trading session.
The Standard & Poor's 500 index fell three points to 1,427. The Nasdaq composite dropped 8 points to close at 3,013.
Sen. Joe Lieberman said that it is now "more likely we'll...
Dec
23
Actress Jennifer Lawrence named 'most desirable' woman
Labels: Entertainment Jennifer Lawrence, you are the world's most desirable woman, according to an international poll released on Tuesday by the website AskMen.
"The Hunger Games" star rose to the top of the list from No. 47 last year on the heels of the box-office smash while buffing her credibility as a quirky, sex-mad young widow in the independent film "Silver Linings Playbook," AskMen editor in chief James Bassil...
"Hobbit" actor McKellen has prostate cancer
Labels: EntertainmentThe Hobbit" actor Ian McKellen said in an interview published on Tuesday that he had had prostate cancer for the last six or seven years, but added that the disease was not life-threatening.
McKellen, 73, played Gandalf in the hit "Lord of the Rings" movie trilogy, and reprises the role in three prequels based on J.R.R. Tolkien's novel "The Hobbit".
The first of those, "The Hobbit: An Unexpected Journey",...
World Chefs: Keller shares memories, spotlight in latest book
Labels: EntertainmentThomas Keller, one of America's most respected chefs, shares the food memories of his childhood and his time in France in his new book "Bouchon Bakery," which is also the name of his chain of pastry shops in the United States.
Keller is the only American chef who owns two three-Michelin-star restaurants - Per Se in New York City and The French Laundry in the Napa Valley wine region in California.
Earlier...
Australian DJs break silence over UK royal prank tragedy
Labels: EntertainmentTwo Australian radio announcers who made a prank call to a British hospital treating Prince William's pregnant wife Kate broke a three-day silence on Monday to speak of their distress at the apparent suicide of the nurse who took their call.
The 2DayFM Sydney-based announcers, Mel Greig and Michael Christian, said the tragedy had left them "shattered, gutted, heartbroken".
Greig and fellow presenter...
Inside David Lynch's Paris art-studio hideaway
Labels: EntertainmentBehind the doors of a 19th-century printworks in south-central Paris, filmmaker and painter-by-training David Lynch takes a cigarette break after hours of etching abstract shapes and twisted limbs onto stone and wood.
Although best known for dark, surreal movies such as "Eraserhead", "Blue Velvet" and "Mulholland Drive", Lynch was an artist before he began filmmaking and since 2007 has been using...
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