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STOCKS NEWS EUROPE-Deutsche Boerse seen down on weak Q3

Fri Nov 6, 2009 2:46am EST

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Shares in German stock and derivatives market operator Deutsche Boerse (DB1Gn.DE) are indicated 0.7 percent lower after the company reports third-quarter EBITA below market expectations and keeps its cost control target for 2009.

"We would have expected a cost savings programme due to the ongoing low trading activity," DZ Bank writes in a note.

Third-quarter EBITA came in 243.7 million euros ($361.9 million) for the quarter to end-September, down from 385 million euros a year earlier. For more double click on [ID:nNL5559917], [ID:nL5204182], [ID:nLU093658]

Reuters Messaging rm://christoph.steitz.reuters.com@reuters.net

($1=.6734 Euro)


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