Inter. Pers. Share News (IPF)

There is a strong sense that the London Stock Exchange is not sure where to go next after the unexpected failure of its merger with TMX, of Canada. I do not believe that the LSE will be bid for by anyone. This leaves its shares at the top end of their trading range, up 33½p at £10.30½p yesterday and on about 13 times' this year's earnings. Unless you believe that a bid is in prospect, taking a bit of profit looks sensible, says the Times's Martin Waller.The Independent asks: is there any point in discussing the London Stock Exchange's financials when considering the shares? Even if yesterday's trading statement were dreadful (it wasn't) it would hardly matter - surely the only relevant issue is whether the LSE will be bid for and when? The group trades on a forward earnings multiple of 12 times, which is hardly demanding, and adds to the case for in buying once again. Buy, the newspaper says.International Personal Finance is the emerging markets doorstep lending business spun off Provident Financial in 2007. Its own markets, mainly in Eastern Europe, are resilient and not yet affected by events in the southern half of the eurozone. Although existing markets can provide growth over the next five years, thereafter it needs to move elsewhere. Expect more guidance with the finals next March; for now, the shares are on ten times this year's earnings and are a straight bet on whether you expect further euro-contagion. Personally, I do, says Waller in the Times.Playtech's spot of nastiness with William Hill over their joint online venture is over and it is out there strongly marketing its gaming software. A deal with Gala Coral was was confirmed yesterday and the company is in talks with other potential customers. The shares have always attracted a lower multiple than rivals and, after yesterday's 9% rise to 369¼p, sell on about ten times' this year's earnings, which looks about right ahead of any further developments, the Times says.Pursuit Dynamics made its name in with some whizzy technology, including its reactor system used in brewing and its atomising system for putting out fires which involves injecting high-speed gas into fluid. Merchant Securities, whose analysts reckon that Pursuit will start to generate in the next financial year, put the stock on around 15 times forward earnings for next year. This is encouraging, not least because the share price has tumbled since peaking at 700p in December, says the Independent, which recommends buying the shares.Brooks Macdonald continued its run of strength yesterday, announcing that its full-year results would be ahead of forecasts. The wealth manager was able to outperform its own expectations even after a £545,000 Financial Services Compensation Scheme levy. The shares have had a good run. Moreover, they now trade at about 25 times estimated earnings, according to Bloomberg, and with most of the good news in the price we do not think they have much further to go. Hold, the Independent says.Please note: Digital Look provides a round-up of news, tips and information that is impacting share prices and the market. Digital Look cannot take any responsibility for information provided by third parties. This is for your general information only as not intended to be relied upon by users in making an investment decision or any other decision. Please obtain a copy of the relevant publication and carry out your own research before considering acting on any of this information.