Shares Markets
updated 01-Feb-11 |
The daily share trading update with a look at the World's Leading Shares...read more >>
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Shares Trading Markets
updated 31-Jan-11 |
A daily look at the leading shares in the UK, US and the rest of the world...read more >>
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Share News: BP Faces Legal Challenge to Rosneft Deal by TNK-BP
updated 28-Jan-11 |
BP - Co.'s USD 10bn Arctic exploration deal with Russia's Rosneft faces a legal challenge from the billionaires behind the oil giant's Russian joint venture, TNK-BP...read more >>
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Share News: Starbucks Sees Positive Trading Results
updated 27-Jan-11 |
Starbucks - Q1 EPS USD 0.45 vs. Exp. USD 0.39, Q1 revenue USD 2.95bn vs. Exp. USD 2.93bn and Q1 comp sales rose 7% vs. Exp. up 6%. Co. reaffirms forecast...read more >>
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Share News: WH Smith Sees Resilient Performance In-line With Expectations
updated 26-Jan-11 |
WH Smith - Co. says resilient performance in line with expectations, however comparative sales down 5% for 21 weeks. Co. added their share...read more >>
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Share News: Hunt to Refer Murdoch BSkyB Takeover Plans to Competition Commission
updated 25-Jan-11 |
BSkyB - UK Culture Minister Jeremy Hunt said he intends to refer the planned purchase of Co. by Rupert Murdoch's News Corp. to the Competition Commission...read more >>
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Share News: Apple Announces Milestone of 10 Billionth App Store Download
updated 24-Jan-11 |
Apple - Co. announced on Saturday that more than 10bn apps have been downloaded from its revolutionary App Store by the more than...read more >>
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Share News: AstraZeneca Argues Drug Discrepencies Are Based on US Levels of Aspirin
updated 21-Jan-11 |
AstraZeneca - Co. has replied to the FDA regarding the new drug application for its Brilinta drug. Co. argues that supplementary analyses support the hypothesis...read more >>
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Share News: Deutsche Lufthansa Agrees Pay Settlement With Flight Attendents
updated 20-Jan-11 |
Deutsche Lufthansa - Co. says it has agreed with UFO union pay settlement for around 16,000 flight attendants, says reached on 22-month pay freeze...read more >>
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Share News: Apple Shares Rise After Revealing Expectation Beating Results
updated 19-Jan-11 |
Apple - Q1 EPS USD 6.43 vs. Exp. USD 5.39, Q1 revenue USD 26.74bn vs. Exp. USD 24.42bn and Q1 gross margin 38.5% vs. Exp. 37.3%. Says Q1 iPhone sold...read more >>
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Share News: Boeing Delays First Flight of a 787 Dreamliner For Troubleshooting
updated 18-Jan-11 |
Boeing - Co. delayed the first flight of a 787 Dreamliner with an All Nippon Airways tail by at least one day to tomorrow because of some troubleshooting...read more >>
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Share News: Rolls Royce Receives Largest Marine Naval Surface Ship Contract
updated 17-Jan-11 |
Rolls Royce - Co. will power ten Littoral Combat Ships for the US Navy, which is co.'s largest ever marine naval surface ship contract...read more >>
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Share News: GSK Experimental Malaria Vaccine Provides Long Lasting Protection
updated 14-Jan-11 |
GlaxoSmithKline - An experimental malaria vaccine from co. provides African children with long-lasting protection, though its effectiveness declines slightly...read more >>
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Share News: Home Retail Group Sees Weakening Sales
updated 13-Jan-11 |
Home Retail Group - Co. said Homebase 18-week sales were down 2.8% to ?487m, and Homebase 18-week same-store sales were down...read more >>
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Share News: Shell Faces Alaskan Drilling Delay on Spill Panel Findings
updated 12-Jan-11 |
Royal Dutch Shell - Co. may face delays in drilling off Alaska after a presidential panel investigating BP's oil spill said more research is needed...read more >>
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Share News: Siemens Improves Q1 Profit Results on Exports
updated 11-Jan-11 |
Siemens - Co. said Q1 profit rose as the co. exported more health-care, industrial and energy equipment. Says profit from cont ops likely exceeded the EUR 1.5bn that...read more >>
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Share News: Volkswagen Aims to Overtake Toyota as Leading Car Maker
updated 10-Jan-11 |
Volkswagen - Co. will take a key step on Monday towards its goal of becoming the world's biggest car maker and overtaking Japanese rival Toyota by...read more >>
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Share News: Tesco Changes Domestic Board For New UK CEO's Arrival
updated 07-Jan-11 |
Tesco - Co. has revamped the leadership of its domestic board ahead of the arrival of its new UK chief executive, according to...read more >>
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Share News: Verizon Wireless Will Sell Motorola's New 4G Phone
updated 06-Jan-11 |
Verizon Wireless/Motorola - Verizon Wireless said it will sell Motorola 4G Phone Droid Bionic, and will sell Motorola XOOM Tablet, supporting...read more >>
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Share News: Next Releases Weaker Retail Sales Data
updated 05-Jan-11 |
Next - Co.'s retail sales were down 3.1% and directory finished the season up 8.7%. Profit forecast remains within guidance issued in September and...read more >>
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Share News: Renault Claims French Car Market Will Decline in 2011
updated 04-Jan-11 |
Renault - France's car market will decline by 13% in 2011, according to Co.'s commercial sales director...read more >>
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Share News: Rio Tinto Bids to Buy Rival Riverside
updated 23-Dec-10 |
Rio Tinto - Co. has offered USD 3.9bn to buy African-focused rival Riversdale in an agreed deal to tap soaring demand for...read more >>
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Share News: Deutsche Bank Agrees to Pay Fine to Avoid Criminal Charges
updated 22-Dec-10 |
Deutsche Bank - Co. agreed to pay USD 553.6m to avoid US criminal charges over fraudulent tax shelters that generated USD 29bn in 'bogus' tax losses. The US Justice Dept. agreed...read more >>
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Share News: France Telecom Offices Searched by Competition Authority
updated 21-Dec-10 |
France Telecom - Co.'s offices were searched by competition authority offers and the judicial police on Dec. 9 as part of...read more >>
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Share News: Lloyds Looking at Refinancing Government Loans
updated 20-Dec-10 |
Lloyds - Co. is looking at refinancing up to ?10bn of emergency government loans and guarantees it received to...read more >>
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Share News: RBS Sells GBP 3.9bn of Non Core Assets
updated 17-Dec-10 |
RBS - Co. sells GBP 3.9bn of non-core project finance assets. The bank says that...read more >>
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Share News: BG Groups Says Oil Well in Santos Basin Successful
updated 16-Dec-10 |
BG Group - Co. says the eleventh well on the BM-S-11 concession in the Santos Basin, offshore Brazil, was successful. The...read more >>
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Share News: US Justice Department Set to Join Civil Suits Against BP
updated 15-Dec-10 |
BP - The US justice Department is expected to join civil suits against co. related to oil spill, according to...read more >>
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Share News: Vedanta Shareholders Approve Cairn India Deal
updated 14-Dec-10 |
Vedanta - Co. announces that at its general meeting held yesterday, the proposed acquisition of a 51-60% interest in...read more >>
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Share News: Apple Set for New Round of iPad Component Production
updated 10-Dec-10 |
Apple - Components for co.'s iPad are gearing up for a new round of production in the first quarter, sources said, with one...read more >>
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Share News: BAE Systems Plans to Cut 1,350 Jobs in the UK
updated 09-Dec-10 |
BAE Systems - Co. will announce the axing of up to 1,350 jobs across the UK...read more >>
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Share News: Peugeot Set to Invest in Indian Manufacturing Plant
updated 08-Dec-10 |
Peugeot - Co. may invest USD 336m to set up a manufacturing plant in the Indian state of...read more >>
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Share News: Tesco State Points At Positive Christmas Trading
updated 07-Dec-10 |
Tesco - Co.'s Q3 UK like-for-like sales including VAT, ex. fuel, rose 1.5%, and co. said trading is ahead of expectations for Christmas...read more >>
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Share News: Volkswagen Aims to Increase Staff and Production
updated 06-Dec-10 |
Volkswagen - Co. will create 50,000 jobs globally by 2015 as it expands sales to 10m vehicles a year from...read more >>
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Share News: Premier Foods Receives Bids for Meat-Free Business
updated 03-Dec-10 |
Premier Foods - Co., notes the recent press speculation, says has received bids for meat-free business and talks are...read more >>
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Share News: Google Set to Launch e-Book Venture
updated 02-Dec-10 |
Google - Co. is set to launch e-Book venture. The delayed venture, co. executives had said they hoped to launch this summer, recently has cleared...read more >>
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Share News: UBS Predicts S&P 500 Spread Betting Index 2011 Rise
updated 01-Dec-10 |
S&P 500 Index - According to UBS, S&P 500 may rise 12% to 1,325 by the end of 2011...read more >>
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Share News: France Telecom Aims to Produce Digital Newsstand
updated 30-Nov-10 |
France Telecom - Co. will partner with Le Figaro and Liberation to distribute content through a digital newsstand and share revenue with...read more >>
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Share News: Bob Diamond Considers Restructuring of Barclays
updated 29-Nov-10 |
Barclays - Bob Diamond, the incoming chief executive of Barclays, is considering selling large chunks of the group's business as part of...read more >>
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Share News: E.On May Sell Gazprom Stake to Russian Bank VEB
updated 26-Nov-10 |
E.On - During her meeting with Russian PM Putin today, German chancellor Merkel may discuss the possible sale of co.'s stake in...read more >>
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Share News: BA Faces Fresh Strikes After New Unite General Secretary Named
updated 25-Nov-10 |
British Airways - The co. is faced with another round of strikes following Len McCluskey becoming the new general secretary...read more >>
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Share News: Allied Irish Bank May Become 99.9% State Controlled
updated 24-Nov-10 |
Allied Irish Banks - According to sources, co. may be 99.9% state controlled after the government uses external aid to boost its...read more >>
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Share News: Deutsche Post Intends to Boost Revenue
updated 23-Nov-10 |
Deutsche Post - Co. said it intends to significantly boost revenues and earnings through 2015. It further said that revenue growth will...read more >>
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Share News: US Stock Market Indices Close Higher
updated 22-Nov-10 |
At the closing bell the DJIA closed up 0.20% at 11203.55, the S&P 500 closed up 0.25% at 1199.73 and the Nasdaq 100 closed up...read more >>
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Share News: Google Looks to Hire 2,000 New Employees
updated 19-Nov-10 |
Google - Co. is seeking to hire more than 2000 employees, and approximately half of jobs...read more >>
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Share News: Citi Group Looks to Invest More in its Consumer Bank
updated 18-Nov-10 |
Citi Group - Co. plans to spend USD 3bn - USD 4bn on its consumer bank to attract more business from its wealthy, urban customers...read more >>
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Share News: BT Considers Legal Action Against Ofcom Over Wholesale Fees
updated 17-Nov-10 |
BT - Co. says it may take legal action against Ofcom, if it is refused permission to raise wholesale fees charged to competitors...read more >>
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Share News: Daimler Recalls Almost 12,000 Mercedes-Benz Vehicles
updated 16-Nov-10 |
Daimler - Co.'s Mercedes-Benz division has recalled 11,739 vehicles in Japan because of a problem with the steering wheels...read more >>
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Share News: British Airways Cabin Crew Threaten Christmas Strike
updated 15-Nov-10 |
British Airways - Co.'s cabin crew are threatening a Christmas strike that would ruin thousands of holidays. Cabin crew sources revealed on...read more >>
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Share News: South Korean Regulators Investigate Deutsche Bank
updated 12-Nov-10 |
Deutsche Bank - South Korean regulators have launched an investigation into potential irregular trades by co.'s brokerage units after...read more >>
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Share News: E.On Plans to Divest Assets
updated 11-Nov-10 |
E.On - Co. has outlined plans to divest EUR 15bn of assets by 2013. EADS - The A400M military transport plane...read more >>
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Share News: Boeing 787 Test Flight Lands With Smoke in Cabin
updated 10-Nov-10 |
Boeing - A test flight of the Co's 787 landed in Texas with smoke in the Cabin, forcing an evacuation of...read more >>
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Share News: General Electric Looks to Invest in China
updated 09-Nov-10 |
General Electric - Co. is to invest more than USD 2bn in R&D, Technology and Financial services partnerships in China...read more >>
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Share News: Macondo Well Commission Continues Investigation
updated 29-Oct-10 |
BP - The Commission investigating the oil spill from the Macondo well in the Gulf of Mexico has said that Halliburton used an unstable cement mixture to seal...read more >>
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Share News: Visa Releases Earnings in Line With Expectations
updated 28-Oct-10 |
Visa - Q4 adjusted EPS USD 0.95 vs. Exp. USD 0.95, Q4 revenue USD 2.12bn vs. Exp. USD 2.10bn and...read more >>
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Share News: Vodafone Outperforms on Asset Sale Speculation
updated 27-Oct-10 |
Vodafone - Co. outperformed a falling London market on Tuesday amid renewed speculation that the group could sell its...read more >>
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Share News: Texas Instruments Continues Positive US Reporting Season
updated 26-Oct-10 |
Texas Instruments - Q3 EPS USD 0.71 vs. Exp. USD 0.69, Q3 revenue USD 3.74bn vs. Exp. USD 3.69bn. In terms of outlook sees...read more >>
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Share News: Speculation Suggests Apple May Be Seeking Major Acquisitions
updated 25-Oct-10 |
Apple - Co. is facing speculation that it could acquire Adobe Systems, Sony, or even Walt Disney...read more >>
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Share News: Bank of America Struggle After Foreclosure Scandal
updated 22-Oct-10 |
Bank of America (-3.28%) underperformed yet again as market participants continued to fret over implications over the foreclosure scandal...read more >>
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Share News: British Airways Reaches Agreement With Unite Union
updated 21-Oct-10 |
British Airways - Co. has reached an accord with the Unite union, who have agreed to put to its 11,000 cabin crew after the Co. said it would reinstate...read more >>
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Share News: BHP Billiton Seeks to Address Potash Takeover Tax Concerns
updated 20-Oct-10 |
BHP Billiton - Co. voiced confidence that it could address tax-loss concerns raised by Canada's Saskatchewan province and win its support for...read more >>
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Share News: Apple Results Show Increased iPhone 4 Sales
updated 19-Oct-10 |
Apple - Q4 EPS USD 4.64 vs. Exp. USD 4.10, Q4 revenue USD 20.34bn vs. Exp. USD 18.90bn. Co. says Q4 iPhone units sold 14.1m, up 91% vs. Exp. 11.7m...read more >>
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Share News: BHP Billiton and Rio Tinto Scrap Joint Venture
updated 18-Oct-10 |
BHP Billiton/Rio Tinto - Co.s scrapped their proposed USD 116bn iron ore venture as expected, caving in to opposition from regulators...read more >>
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Share News: Google Produces Expectation Beating Results
updated 15-Oct-10 |
Google - Q3 adjusted EPS USD 7.64 vs. Exp. USD 6.67, Q3 revenue USD 7.29bn vs. Exp. USD 5.26bn. Co. says Q3 revenue...read more >>
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Share News: Rio Tinto Maintains Iron Ore Production Guidance
updated 14-Oct-10 |
Rio Tinto - Co. maintained its production guidance for iron ore this year at 234m tonnes and said it was running all its diverse group of mining operations at close to...read more >>
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Share News: Hewlett-Packard Aims to Increase R&D Budget
updated 13-Oct-10 |
Hewlett-Packard - Co.'s executive vice president Robinson says co. will increase R&D budget in fiscal 2011 and says will blend M&A and R&D budget in...read more >>
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Share News: Microsoft Unveil New Smartphone
updated 12-Oct-10 |
Stories worth mentioning today are Microsoft (+0.081%) unveiling its mobile OS Windows Phone 7, while Chesapeake Energy (+1.085%) agreed to...read more >>
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Share News: Potash Consider Breakup as Defence Against Hostile Bid
updated 11-Oct-10 |
BHP Billiton - Potash are considering a breakup as a defence against the Co.'s hostile bid for Potash (Sunday Telegraph). Also, Canadian Pension funds are...read more >>
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Share News: HSBC Ordered to Review Internal Controls in US
updated 08-Oct-10 |
HSBC - Co. has been directed by US regulators to overhaul its internal controls in the US following an investigation that found co.'s ineffective...read more >>
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Share News: NOSC Suggests Obama Administration Blocked Key BP Spill Data
updated 07-Oct-10 |
BP - The Obama administration was over-optimistic about co.'s ability to handle the oil spill after the company's Gulf well exploded in April and...read more >>
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Share News: Equities Spread Betting Markets Rise on Dollar Weakness
updated 06-Oct-10 |
Equities finished the session higher after renewed US Dollar weakness and consensus beating non-manufacturing ISM data boosted investor appetite for stocks. It is also worth...read more >>
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Share News: Tesco Report Higher Than Expected H1 Profits
updated 05-Oct-10 |
Tesco - Co.'s H1 pretax profit GBP 1.596bn vs. Exp. GBP 1.58bn, and H1 sales GBP 29.76bn vs. Exp. GBP 30.1bn. Co. interim dividend GBP 0.0437 per share...read more >>
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Share News: Allianz Considers General Insurance Acquisitions
updated 04-Oct-10 |
Allianz - Co. has earmarked EUR 1bn for acquisitions. According to co.'s chief executive, co. is expected to target general insurance companies and...read more >>
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Share News: Microsoft Plans a New Range of Smartphones
updated 01-Oct-10 |
Microsoft - Co. is planning a new range of so-called smartphones using a redesigned version of its mobile operating software which analysts say is...read more >>
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Share News: FedEx Rises on Plans to Raise Shipping Rates
updated 30-Sep-10 |
FedEx (+1.96%) finished higher after co. announced that it would increase its shipping rates. In addition, there were a number of...read more >>
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Share News: Hewlett Packard Forecasts Beat Market Expectations
updated 29-Sep-10 |
Hewlett Packard - Co.'s forecast earnings and sales for fiscal 2011 that exceeded analysts estimates and said its considering good internal and external Chief Executive Officer...read more >>
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Share News: Wolseley Considers Moving to Switzerland For Tax Reasons
updated 28-Sep-10 |
Wolseley - Co. has become the latest company to consider moving abroad for tax reasons. The builders' merchant proposed a shift to Switzerland as...read more >>
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Share News: Waitrose to Match Tesco Prices on 1000 Everday Products
updated 27-Sep-10 |
Tesco - Waitrose is to take on Tesco, its top-selling rival, by promising to match the prices on 1,000 branded products...read more >>
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Share News: Financial Sector Underperforms on the S&P 500 Index
updated 24-Sep-10 |
The financial sector was worst performing in the S&P 500 yet again, this time it was the acclaimed analyst Dick Bove that caused by sell-off after he downgraded...read more >>
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Share News: US Watchdog Suggests Timing of SEC Goldmans Case Was Suspicious
updated 23-Sep-10 |
Goldman Sachs - The timing of US Securities and Exchange Commissions' case against co. is suspicious a federal watchdog said, suggesting that SEC used it...read more >>
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Share News: BHP Billiton Looks to Clear Regulatory Hurdles on Potash Bid
updated 22-Sep-10 |
BHP Billiton - Co.'s CEO Kloppers says current priority is clearing US and Canadian regulatory hurdles and says is prepared to walk away from...read more >>
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Share News: Tesco Prepares to Launch Online Shopping in China
updated 21-Sep-10 |
Tesco - Co. is preparing to launch online shopping in China, the Czech Republic and Poland as part of an expansion plan under its incoming...read more >>
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Share News: US Authorities Pronounce BP Gulf Crude Oil Well as Dead
updated 20-Sep-10 |
BP - Co. has permanently sealed the Macondo 252 well. The US authorities pronounced co.'s blown-out well in the Gulf of Mexico ''effectively dead'' on Sunday. Also...read more >>
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Share News: Spread Betting Indices Close Near Session Highs
updated 17-Sep-10 |
The closing stages of the session saw spread betting indices push to fresh session highs and at the closing bell DJIA closed up 0.21% at...read more >>
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Share News: Kraft Reports Integration of Cadburys Remains on Track
updated 16-Sep-10 |
Kraft Foods - The chief executive of Kraft Foods said the integration of Cadbury, which it acquired this year for USD 19bn, is on track and predicted that...read more >>
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Share News: US Financial Spread Betting Markets Pull Back
updated 15-Sep-10 |
At the closing bell the Dow Jones financial spread betting market closed down 0.17% at 10526, S&P 500 closed down 0.07% at...read more >>
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Share News: BAE Hopes to Gains Orders From UK / Brazil Agreement
updated 14-Sep-10 |
BAE Systems - Co. hopes that signing a bilateral defence cooperation agreement between UK and Brazil will help co. land a large contract to sell...read more >>
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Share News: Apple Spreads Rise on iPad Sales Predicitons
updated 13-Sep-10 |
Apple - Global sales of the iPad are forecast to hit 28m next year, with analysts also predicting co.'s device will be ''the in-demand gadget'' for shoppers this...read more >>
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Share News: Adobe Makes Gains as Apple Relaxes App Restrictions
updated 10-Sep-10 |
There were some strong gains for Adobe (12.11%) after Apple (0.06%) relaxed restrictions placed on App developers...read more >>
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Share News: Goldman Sachs Faces Fine From UK Financial Regulator
updated 09-Sep-10 |
Goldman Sachs - Co. is facing a near record fine from the UK's financial regulator following a five-month investigation into the investment bank's...read more >>
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Share News: Rio Tinto Agress With Japanese Steelmakers to Reduce Iron Ore Prices
updated 08-Sep-10 |
Rio Tinto - Co. has agreed with major Japanese steelmakers to reduce its iron ore price for October-December by roughly 13% from the...read more >>
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Share News: Hurd to Become Co-President of Oracle After Being Ousted From HP
updated 07-Sep-10 |
Hewlett-Packard - Mark Hurd is to become co-president of software maker Oracle only a month after being forced out as Head of Hewlett-Packard over breaches of...read more >>
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Share News: BA and Iberia Plan to Make New Acquisitions Following Merger
updated 06-Sep-10 |
British Airways - Co.'s chief Willie Walsh, and top Iberia executives have drawn up a list of 12 candidates to buy or merge with...read more >>
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Share News: BP States Cost of Gulf Spill Has Reached USD 8bn
updated 03-Sep-10 |
BP - Co. says cost of oil spill response so far is USD 8bn, and no new oil flowed into Gulf since...read more >>
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Share News: AstraZeneca Receive EC Support For Drug
updated 02-Sep-10 |
AstraZeneca - Co. received European Commission's positive decision on Seroquel XR as an add-on treatment of major depressive...read more >>
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Share News: China May Launch Antimonopoly Probe Into BHP Potash Bid
updated 01-Sep-10 |
BHP Billiton - China may launch an antimonopoly probe into co.'s USD 38.6bn bid for Canada's Potash, citing a source familiar with the...read more >>
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Share News: Vodafone Plans to Sell China Mobile Stake
updated 31-Aug-10 |
Vodafone - Co. is preparing to raise more than GBP 4bn by selling its shares in China Mobile, the first in a string of planned disposals by...read more >>
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Share News: Google Talks With Hollywood Studios For Youtube Service
updated 30-Aug-10 |
Google - Co. is in talks with Hollywood movie studios to start a pay-per-view video service on its YouTube website by the...read more >>
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Share News: Hewlett Packard Increase Bid For 3Par
updated 27-Aug-10 |
Hewlett Packard - Co. announces revised proposal to acquire 3Par for USD 27 per share in cash and expects the transaction to close by the end of the...read more >>
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Share News: Analyst Suggests Citigroup May Require Write Down
updated 26-Aug-10 |
Citigroup - CLSA analyst Mike Mayo says that co. may be cooking the books by inflating its earnings through an accounting gimmick. Mayo has been telling investors that...read more >>
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Share News: Disney and Apple Near ABC Shows on iTunes Agreement
updated 25-Aug-10 |
Walt Disney / Apple - Co.'s are near agreement for ABC shows to be rented for USD 0.99 each through iTunes store...read more >>
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Share News: Antofagasta Announces Improved H1 Results
updated 24-Aug-10 |
Antofagasta - Co.'s H1 net USD 451.2m vs. Prev. USD 235.7m; H1 sales USD 1.76bn vs. Prev. USD 1.18bn. Co.'s ordinary interim dividend...read more >>
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Share News: Aviva Shareholder Believes Improved RSA Offer May Win Backing
updated 23-Aug-10 |
Aviva - Ignis Asset Management, which holds about 1.5% of RSA's shares and a 0.5% stake in Aviva, believes a 10% higher bid from RSA Insurance may...read more >>
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Share News: Unilever Recieves Objections From EC on Sara Lee Takeover
updated 20-Aug-10 |
Unilever - Co. receives Statement of Objections by the EC regarding the proposed takeover of Sara Lee's body care...read more >>
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Share News: Telecomms and Consumer Services Aid S&P 500 Spreads
updated 19-Aug-10 |
Telecommunications and Consumer Services sectors were the best performing in the S&P 500 in what turned out to be a very quiet session. At the close...read more >>
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Share News: BHP Billiton Turns Potash Bid Hostile
updated 18-Aug-10 |
BHP Billiton - Co.'s bid for Potash is inadequate, says Potash shareholder Jarislowsky Fraser. Co. says it will go hostile...read more >>
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Share News: AstraZeneca Faces Strikes Over Pension Cuts
updated 17-Aug-10 |
AstraZeneca - Co. employees in the U.K. voted to strike over the co.'s proposals to end its defined-benefit pension...read more >>
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Share News: Xstrata Predicts Rising Commodity Demand
updated 16-Aug-10 |
Xstrata - Co. says global energy demand will continue to rise, adding that China and India are helping to underpin...read more >>
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Share News: Cisco Stocks Weigh on Nasdaq Over Weak Revenue
updated 13-Aug-10 |
In terms of corporate news, Cisco Systems (-9.99%) weighed on the NASDAQ 100 after co. reported revenue that fell short of...read more >>
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Share News: UK Shares Spread Betting Update
updated 12-Aug-10 |
Man Group - Financial Times reports that rumours that Bank of New York Mellon is thinking about bidding for the ...read more >>
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Share News: BA Cabin Crew Strike May Continue Beyond Merger
updated 11-Aug-10 |
British Airways - Co.'s cabin crew union has said it could maintain strike plans after the airline's merger with Iberia...read more >>
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Share News: Bank of America to Add Capital to Books to Pay Charge
updated 10-Aug-10 |
Bank of America - Co. hit by last month's disclosure of a potential USD 10bn charge tied to new regulations, may add USD 13bn to its...read more >>
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Share News: Prudential Consider Raising Dividend on Positive Results
updated 09-Aug-10 |
Prudential - Co.'s shareholders could pocket a 5% increase in their dividend payout on Thursday when co. reports its...read more >>
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Share News: BA Predicts High Chance of Successful Iberia Merger
updated 06-Aug-10 |
British Airways - According a co.'s report, the planned merger between co. and Iberia has a 90% chance of...read more >>
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Share News: Inmarsat Orders Communication Satellites From Boeing
updated 05-Aug-10 |
Boeing - Inmarsat has ordered a fleet of three advanced satellites from co. for about USD 1.4bn to deliver faster broadband service...read more >>
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Share News: Citigroup Plans to Sell UK Online Bank Egg
updated 04-Aug-10 |
Citigroup - Co. is preparing to put Egg, its UK online bank, up for sale as part of the US financial group's plans to shed...read more >>
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Share News: Royal Bank of Scotland Plans to Sell 318 UK Branches
updated 03-Aug-10 |
Royal Bank of Scotland - Co. announces sale of 318 UK branches as soon as today. Taylor Wimpey - Co.'s H1 pretax profit...read more >>
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Share News: UK Banking Sector Expected to Report Positive Results
updated 02-Aug-10 |
Barclays - Co. is expected to report on Thursday H1 pre-tax profits of GBP 3.50bn vs. GBP 2.75bn in H1 2009. However, the GBP 3.5bn figure will...read more >>
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Share News: US Shares Financial Spread Betting Update
updated 30-Jul-10 |
General Electric - US Defence department said co.'s aircraft engines is being awarded a maximum USD 445m firm-fixed-price...read more >>
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Share News: Shell Spreads Perform Well on Expectation Beating Results
updated 29-Jul-10 |
Shell - Co.'s Q2 net income USD 4.39bn vs. Prev. USD 3.82bn, and co. says it exceeded targets for cost and staff reduction. Co. expects...read more >>
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Share News: Moody's Report Buoys US Banking Sector Spreads
updated 28-Jul-10 |
US Banks - Moody's Investor Service said it changed the outlook to negative from stable on Bank of America, Citigroup and...read more >>
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Share News: BP Shares Weaken on ?17bn Quarterly Loss
updated 27-Jul-10 |
BP - Co. says headline replacement cost loss for the quarter of USD 17bn, and co. has taken a pre tax charge of USD 32.2bn for the...read more >>
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Share News: Goldman Sachs Faces External Auditing
updated 26-Jul-10 |
Goldman Sachs - Co. is facing a threat by the Financial Crisis Inquiry Commission to bring in outside accountants to comb through the...read more >>
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Share News: US Shares Perform Well and Boost Indices Spread Betting Markets
updated 23-Jul-10 |
Equities finished in positive territory following encouraging economic data from both sides of the Atlantic and impressive earnings from the likes of Caterpillar (+1.69%), 3M (+2.98%) and AT&T...read more >>
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Share News: eBay Shares Rise on Positve Trading Report
updated 22-Jul-10 |
eBay - Q2 adjusted EPS USD 0.40 vs. Exp. USD 0.38, Q2 revenue USD 2.22bn vs. Exp. USD 2.16bn. Q2 net USD 412.19m, Q2 operating income...read more >>
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Share News: US Regulators Approve BA, Iberia, American Airlines Alliance
updated 21-Jul-10 |
British Airways - US approves American Airlines, Iberia and co. alliance. The US transportation department says American Airlines and...read more >>
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Share News: Stock Markets Rise Despite Weak US Economic Numbers
updated 20-Jul-10 |
Equities finished higher on Monday despite an early sell off in light of disappointing US economic data. Boeing (+2.07%) posted decent gains after securing a number of...read more >>
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Share News: JP Morgan Raises Doubts Over UK Investment on Tax Anger
updated 19-Jul-10 |
JP Morgan - Co. has raised serious concerns about its commitment to its new GBP 1.5bn European headquarters at Canary Wharf because of anger within the...read more >>
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Share News: Google Narrowly Misses Expected Trading Targets
updated 16-Jul-10 |
Google - Q2 non-gaap EPS USD 6.45 vs. Exp. USD 6.52, Q2 revenue ex-tac USD 5.09bn vs. Exp. USD 4.98bn, Q2 revenue USD 6.82bn. Co. says Q2 traffic acquisition costs...read more >>
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Share News: GlaxoSmithKline Diabetes Drug Recieves US Panel Approval
updated 15-Jul-10 |
GlaxoSmithKline - Co.'s diabetes pill Avandia doesn't increase the risk of death compared with other treatments for the disease, according to a US...read more >>
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Share News: Arrow Energy Shareholders Approve Takeover by Shell
updated 14-Jul-10 |
Shell - Arrow Energy shareholders approved a USD 3.05bn takeover by co. and PetroChina, clearing the way for a final legal go-ahead due later...read more >>
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Share News: Standard Chartered Plan to Invest More into China
updated 13-Jul-10 |
Standard Chartered - Co. plans to hire 1,000 more workers to the 5,000 it already has in China by the end of this year, according to...read more >>
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Share News: M&S Plan Research into How Austerity Measures Will Affect Customers
updated 12-Jul-10 |
Marks & Spencer - Co. has initiated a major market research programme to find out how tax rises and public spending cuts will...read more >>
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Share News: Rio Tinto CEO Provides Upbeat Trading Update
updated 09-Jul-10 |
Rio Tinto - Co.'s chief executive said it is doing well despite volatile global markets and is waiting for the final details of a revised mining tax in...read more >>
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Share News: BP Sets New Deadline For Capping Well
updated 08-Jul-10 |
BP - The US coast guard says expects co. to take 3 days to hook up new collection vessel and expects relief well to be completed in mid-August. Also, co. has set a new deadline for...read more >>
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Share News: Prudential CEO to Apologise to Shareholders at AGM
updated 07-Jul-10 |
Prudential - Co.'s Chief Executive Tidjane Thiam is expected to apologise directly to shareholders when the co. holds its annual general meeting on...read more >>
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Share News: Rio Tinto Considers Positon After Australian Mining Tax
updated 06-Jul-10 |
Rio Tinto - Australia's watered down mining tax is still among the highest tax regimes around the world and needs deeper study before co. will...read more >>
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Share News: Lloyds Comes Under Pressure to Sell Scottish Widows
updated 05-Jul-10 |
Lloyds - The 40% state owned bank is coming under pressure to sell its Scottish Widows insurance business, which could fetch GBP 7bn. Investors argue it will...read more >>
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Share News: BA Pension Scheme Enters Insurance Deal
updated 02-Jul-10 |
British Airways - Co. trustees of its airways pension scheme entered into an insurance transaction with Rothesay Life. Says transaction covers...read more >>
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Share News: Google's Chinese Operating Licence Being Reviewed
updated 01-Jul-10 |
Google - Co.'s application to renew its operating license in China is being reviewed by the government and the results will be posted soon, according to...read more >>
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Share News: GlaxoSmithKline Buys Rights to Experimental Pain Relief Drug
updated 30-Jun-10 |
GlaxoSmithKline - Futura Medical sold rights on the experimental TPR100 pain relief drug candidate to co., which agreed to fund all clinical and...read more >>
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Share News: Apple Leads Nasdaq Higher After Selling 1.7m iPhones
updated 29-Jun-10 |
The Nasdaq 100 advanced led by Apple (+0.60%) shares after the tech giant revealed it sold 1.7m iPhone 4 units in the first...read more >>
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Share News: BAE Set to Cut Jobs After Missing Out on US Contract
updated 28-Jun-10 |
BAE Systems - Co. is set to cut hundreds of jobs in its UK vehicles business in the coming weeks, after co. lost out on a key armoured vehicle contract to US rival...read more >>
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Share News: Shell Faces Further Delays to Gas Project
updated 25-Jun-10 |
Shell - Co. faces further delays on approval for its Prelude floating liquefied gas project in the Browse Basin after...read more >>
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Share News: GlaxoSmithKline Lukemia Drug Rejected by UK Watchdog
updated 24-Jun-10 |
GlaxoSmithKline - Co.'s leukaemia drug Arzerra, licensed from Denmark's Genmab, has been rejected by Britain's cost watchdog NICE in preliminary...read more >>
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Share News: US Judge Rules Against Obamas Drilling Moratorium
updated 23-Jun-10 |
BP - A US judge rules against Obama Administration's 6-month moratorium on deepwater drilling. The White House replied saying it will immediately appeal...read more >>
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Share News: BA Agrees Plan to Reduce Pension Defecit
updated 22-Jun-10 |
British Airways - Co. said it reached agreement with the trustees of its New Airways Pension Scheme and Airways Pension Scheme on a plan to reduce its pension...read more >>
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Share News: Coca Cola Set to Increase Investment in Japan
updated 21-Jun-10 |
Coca Cola - Co. plans to spend JPY 50bn (USD 556 m) over the next 3 years to consolidate some of its operations in the Tokyo...read more >>
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Share News: Citigroup Plans Raise $3bn For Equity and Hedge Funds
updated 18-Jun-10 |
Citigroup - Co. plans to raise more than USD 3bn for its private equity and hedge funds, even as US lawmakers consider banning banks from owning and investing in...read more >>
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Share News: BP Bows to Pressure to Set up $20bn Escrow Fund
updated 17-Jun-10 |
BP - Co. agrees to set aside USD 20bn in escrow fund to pay claims from oil spill and says USD 20bn is not a liability cap. Says cancels dividend for first three quarters of this...read more >>
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Share News: Cairn Energy Recieves Approval for Greenland Wells
updated 16-Jun-10 |
Cairn Energy - Co. said Greenland government cabinet approved its bid for two wells in the Disko West...read more >>
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Share News: BSkyB Rejects ?12bn News Corp Bid
updated 15-Jun-10 |
BSkyB - News Corp approached co. with a bid to take full control of the British satellite broadcaster that valued the co. at roughly GBP 12bn, but was...read more >>
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Share News: Lloyds Plans to Float a Chain of 600 Branches
updated 14-Jun-10 |
Lloyds Banking Group - Co. is working on plans for a stock-market flotation of the chain of 600 branches it is being forced to sell by the European Commission. The float would...read more >>
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Share News: Xstrata Sees Australian Tax Causing Investment Damage
updated 11-Jun-10 |
Xstrata - Co. CEO says modifying Australian tax will not avoid damage to investments, says Government hasn't allowed consultation on key tax issues...read more >>
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Share News: GlaxoSmithKline Receive Rebuff For Platelet Drug
updated 10-Jun-10 |
GlaxoSmithKline - Co. has received a second rebuff in as many days from Britain's NICE when the healthcare cost watchdog ruled its platelet-boosting drug...read more >>
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Share News: Goldmans Suggest JP Morgan May Be Hardest Hit
updated 09-Jun-10 |
JP Morgan - Goldman Sachs have been telling clients and investors that co. could be hit hardest by the new financial ...read more >>
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Share News: WPP Sees Increased Television Advertising Campaigns
updated 08-Jun-10 |
WPP - Television advertising prices picked up quickly in March because of factors including a return of dormant advertisers and branding, according to...read more >>
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Share News: British Airways Offers to End Union Dispute
updated 07-Jun-10 |
British Airways - Co. has offered to settle its long-running dispute with cabin crew by relenting on staff travel perks, but only if the Trades Union Congress ensures workers...read more >>
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Share News: Crude Oil Advances Past $74 per Barrel
updated 04-Jun-10 |
Equities trended to the upside in the latter half of the session as WTI crude oil advanced above the USD 74 handle. This was...read more >>
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Share News: Xstrata Suspends Investment Due to Australian Super Tax
updated 03-Jun-10 |
Xstrata - Co. has suspended AUD 586m in near-term spending in coal and copper mining projects in Australia worth a total of around AUD 6.4bn, blaming...read more >>
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Share News: Nasdaq Boosted by Apple Selling 2 Million iPads in 60 Days
updated 02-Jun-10 |
The Nasdaq 100 outperformed its peers on the back of news from Apple (+1.54%) that it has sold 2m iPads in less than...read more >>
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Share News: Judge Joins Call for Google to Return Private Data
updated 01-Jun-10 |
Google - A federal judge in Oregon has joined a bevy of European regulators in demanding that co. turn over private data it grabbed from non-password protected...read more >>
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Share News: Shell in Final Stages of Iraqi Gas Deal
updated 28-May-10 |
Shell - The Iraqi oil minister says final gas deal with co. to be signed 'shortly', sees no problem with cabinet's approval. In other news...read more >>
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Share News: BA Cabin Crew May be Balloted on Extending Strike Action
updated 27-May-10 |
British Airways - Co.'s 12,000 cabin crew may be balloted on extending their solid strike, the Unite Union said, as the carrier increases services in...read more >>
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Share News: Unilever Acquisition Likely to be Delayed by Regulators
updated 26-May-10 |
Unilever - Co.'s acquisition of Sara Lee's soap business is most likely to be delayed so regulators can study the...read more >>
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Share News: US Indices Weaken as Shares Fall
updated 25-May-10 |
The S&P 500 closed down 1.29% at 1073.64, the DJIA closed down 1.24% at 10066.57 and the NASDAQ 100 closed down...read more >>
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Share News: BP Remains Frustrated by Gulf Oil Leak
updated 24-May-10 |
BP - Co.'s chief executive told staff he was frustrated by the company's failure to stop an oil leak in the US Gulf of Mexico and...read more >>
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Share News: Dollar Pulls Back as Euro Rallies on ECB Intervention Speculation
updated 21-May-10 |
Stocks bounced of their lows heading into the close as the US Dollar index plunged whilst the Euro rallied with rumours of possible ECB intervention...read more >>
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Share News: Positive 2010/11 Outlook for National Grid
updated 20-May-10 |
National Grid - Co. FY pre-tax profit GBP 1.974bn vs. Exp. GBP 2.050bn, says positive outlook for 2010/11 with current trading in line with co. expectation and...read more >>
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Share News: ICAP Makes Positive Start to New Year
updated 19-May-10 |
ICAP - FY Pretax profit GBP 333 m, vs. Exp. GBP 303 m. Co. said it has made a good start to the new financial year and recommends a final dividend of...read more >>
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Share News: Stocks Bounce as EUR/USD Moves Higher
updated 18-May-10 |
Stocks seemed to form a relationship with the price action in the EUR and trended higher after EUR/USD bounced off its...read more >>
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Share News: Vodafone Expected to Announce Rise in Sales
updated 17-May-10 |
Vodafone - Co. is expected to announce a sharp rise in sales this week thanks to the proliferation of smart mobile phones. Full-year results are...read more >>
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Share News: Nasdaq 100 Tech Stocks Underperform Peers
updated 14-May-10 |
The Nasdaq 100 underperformed in relation to its peers with Cisco (-4.53%) among the main laggers despite better earnings. Stocks came under...read more >>
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Share News: HTC to Sue Apple Over Intellectual Property
updated 13-May-10 |
Apple/Google - HTC Corp., the maker of several phones that run on Google's Android platform, has sued Apple in response to...read more >>
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Share News: Rio Tinto Remains Concerned About Australian Mining Tax
updated 12-May-10 |
Rio Tinto - Co. said it is concerned about the arbitrary nature of Australia's new mining profits tax, and asked managers to re-evaluate all new...read more >>
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Share News: BAE Systems in Running to Buy Argon ST
updated 11-May-10 |
BAE Systems - Boeing, Raytheon and co. are in separate talks with Argon ST for possible acquisition of firm. Sources say Argon has completed...read more >>
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Share News: Citigroup May Have to Replace Commercial Paper
updated 10-May-10 |
Citigroup - Co. said a one-notch downgrade of its long-term debt and short-term commercial paper rating would likely mean the bank has to replace...read more >>
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Share News: US Markets Stuggle to Hold Onto Gains
updated 07-May-10 |
At the close; the S&P 500 closed down 3.25% at 1128.01, the DJIA closed down 3.21% at 10519.49 and the NASDAQ 100 closed down...read more >>
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Share News: Rio Tinto Revises Operations After Australian Tax Increase
updated 06-May-10 |
Rio Tinto - Co says it is reviewing potential impact of tax changes in Australia and it has not got plans to shelve its Australia iron ore expansion plans in the...read more >>
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Share News: Barclays Orders Halt to New Investments for Barclays Venture
updated 05-May-10 |
Barclays - Co. has ordered a halt to new investments at its in-house private equity arm Barclays Venture, which invests in buyouts of small-capitalisation...read more >>
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Share News: BA Numbers Expected to Highlight Ash Cloud Effects
updated 04-May-10 |
British Airways - Co.'s traffic numbers for April out on Thursday, will reveal how badly their operations were disrupted by the Iceland volcanic eruption. Co. had already revealed that ...read more >>
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Share News: Capricorn Investment May Break Ties With Goldmans
updated 03-May-10 |
Goldman Sachs - Capricorn Investment Group, one of the world's biggest family offices, could break its relationship with co. following accusations by...read more >>
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Share News: BT Considers Bidding for Premiership Football Rights
updated 30-Apr-10 |
BT Group - Co. said it will seek to set a competitive price for Premier League soccer next season after British Sky Broadcasting Plc reached an...read more >>
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Share News: BP Oil Rig May Be Leaking Faster Than Initially Thought
updated 29-Apr-10 |
BP - Oil may be leaking from co.'s well in the Gulf of Mexico at five times the rate prev. estimated. (NY Times)...read more >>
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Share News: Global Shares Tumble on Greek and Portugese Debt Downgrades
updated 28-Apr-10 |
Equities finished in negative territory after plummeting on news that S&P downgraded Portugal by two notches and Greece to junk status. At the close; the S&P 500 closed down 2.34% at...read more >>
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Share News: Lloyds Rises on the Back of Positive Results Data
updated 27-Apr-10 |
Lloyds - Co. says the run rate of impairments has slowed significantly and has continued to perform better than the 2009 results guidance. Co.'s costs continue to be...read more >>
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Share News: Virgin Atlantic Executives Set to Testify Against BA Managers
updated 26-Apr-10 |
British Airways - Senior Virgin Atlantic executives will this week be in court testifying against four past and present co. managers who have...read more >>
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Share News: Microsoft Shares Fall on Weak Results
updated 23-Apr-10 |
Microsoft - Q3 EPS USD 0.45 vs. Exp. USD 0.42, record Q3 revenue USD 14.5bn vs. Exp. USD 14.39bn. Says sees year operating expense of USD 26.1-26.3bn, as of...read more >>
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Share News: Testimony From Executive Could Weaken SEC Goldmans Case
updated 22-Apr-10 |
Goldman Sachs - A testimony from former Paulson & Co executive Paolo Pellegrini could weaken the SEC lawsuit against Goldman Sachs. Pellegrini told the SEC that he...read more >>
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Share News: US Treasury Makes Motions at Citigroup AGM
updated 21-Apr-10 |
Citigroup - US Treasury says it voted its 7.7bn shares of co. common stock at co.'s annual meeting today. Says it voted in favour of all 15 co. director nominees and...read more >>
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Share News: Citigroup Produces Better Than Expected Results
updated 20-Apr-10 |
Citigroup - Co. CFO says US consumer credit losses for Q1 have been improving and says it is more difficult to be definitive about...read more >>
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Share News: Goldman Sachs Plans to Defend Against SEC Allegations
updated 19-Apr-10 |
Goldman Sachs - Co. says will vigorously contest SEC allegations and will defend its reputation. Co. says SEC charges are completely...read more >>
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Share News: Google Releases Weaker Year-End Results
updated 16-Apr-10 |
Google - Q1 non-gaap EPS USD 6.76 vs. Exp. USD 6.60, Q1 revenue ex-tac USD 5.06bn vs. Exp. USD 4.95bn. Co. says aggregate paid clicks increased...read more >>
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Share News: InterContinental Hotels Aims to Open 36 New UK Hotels
updated 15-Apr-10 |
InterContinental Hotels - Co. plans to open 36 new hotels in the UK in the next three years, creating 3,500...read more >>
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Share News: Credit Suisse Raises S&P 500 Target
updated 14-Apr-10 |
S&P 500 Index - According to a report dated today, Credit Suisse raised its year-end estimate for the S&P's 500 Index by...read more >>
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Share News: Microsoft Launches Windows Phone Named Kin
updated 13-Apr-10 |
Microsoft - Co. ushers in the next generation of the social phone with Kin, a new windows phone. Says Kin will be exclusively available from Verizon Wireless in the...read more >>
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Share News: BAE Hopes to Sell Eurofighter Typhoons to Japan
updated 12-Apr-10 |
BAE Systems - The Japanese air force could be flying British Eurofighter Typhoons from 2015 if the aircraft wins Tokyo's upcoming tender for up to 50 new...read more >>
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Share News: BHP Biliton Likely to Proceed With West African Development
updated 09-Apr-10 |
BHP Billiton - Co. is likely to proceed with its development plan for a $5.6bn alumina project in West Africa with its junior partner expecting a...read more >>
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Share News: Google Loses 1% of US Search Engine Market Share
updated 08-Apr-10 |
Google/Yahoo/Microsoft - Google's US internet search share drops by 1%, Yahoo share rises 3%, whilst Microsoft's figure dropped...read more >>
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Share News: BA Merger With Iberia to be Signed Soon
updated 07-Apr-10 |
British Airways - The planned merger of Iberia and co. will be signed once the carriers receive approval for the combined company to be listed both in the...read more >>
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Share News: Microsoft Prepares to Launch Pink Smart Phone
updated 06-Apr-10 |
Microsoft - Co. has sent out invitations for an event on April 12th, titled ''It's Time to Share.'' Tipsters leaked photos and marketing materials for co.'s Pink phone and...read more >>
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Share News: Oil and Gas Sectors Perform Well After Obama's Drilling Allowance
updated 01-Apr-10 |
The oil & gas sector was the best performer in the S&P 500 after President Obama announced an allowance for oil and natural gas drilling off the...read more >>
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Share News: Rio Tinto Aims for Higher Credit Rating
updated 31-Mar-10 |
Rio Tinto - Co. may win a higher credit rating within three to six months on higher iron ore prices, lowering the cost of buying protection on...read more >>
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Share News: BA Claims Contingency Plans for Strike Worked Well
updated 30-Mar-10 |
British Airways - Co. says profit outlook remains unchanged and contingency plans for the second period of industrial action have again been...read more >>
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Share News: GlaxoSmithKline Looks for Japanese Investment Possibilities
updated 29-Mar-10 |
GlaxoSmithKline - Co. is seeking small and medium-sized Japanese drug companies to invest in or work with to develop drugs and...read more >>
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Share News: Man Group Considers US Acquisitions
updated 26-Mar-10 |
Man Group - Co. is scouting for investments, acquisitions and distribution deals in the US and has spoken with firms including...read more >>
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Share News: United Utilities Looks Set to Deliver Sound Perfrmance
updated 25-Mar-10 |
United Utilities - Co. is on schedule to deliver a sound underlying performance for the year through March 2010, it said in a statement...read more >>
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Share News: BT Must Share Fibre Optic Broadband to Prevent Dominance
updated 24-Mar-10 |
British Telecom - A British regulator has decided that co. must share its high speed broadband network with other companies, in order to prevent...read more >>
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Share News: US Healthcare Equities Receive Boost After Obama's Plans Are Passed
updated 23-Mar-10 |
US Equities finished higher with the healthcare sector leading the gains after the passage of the reform bill in the US. Stocks opened lower due to...read more >>
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Share News: Coca Cola Shares Seem Undervalued Despite Bid For Bottlers
updated 22-Mar-10 |
Coca Cola Enterprises - Shares in co. are undervalued even after the announcement last month of Coca-Cola Co's plans to acquire the bottler's North American...read more >>
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Share News: US Indices Financial Spread Trading News
updated 19-Mar-10 |
At the close; the S&P 500 closed down 0.03% at 1165.83, the DJIA closed up 0.42% at 10779.17 and the Nasdaq 100 closed up...read more >>
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Share News: Diageo Sees Flat Spirit Market Volumes
updated 18-Mar-10 |
Diageo - North American regional chief sees North American spirits market volumes flat to up 1% in 2010. Says will continue to...read more >>
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Share News: AstraZeneca Plans to Expand Into Emerging Markets
updated 17-Mar-10 |
AstraZeneca - Co. aims to expand further in emerging markets. In other news, co.'s Seroquel helped cause a Vietnam veteran to...read more >>
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Share News: Windows 7 on Mobile Phones Before Holidays
updated 16-Mar-10 |
Microsoft - Co. says phones with Windows Mobile 7 will launch in time for holiday Ad Push and sees multiple carriers supporting...read more >>
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Share News: Barclays May Not Get Funding For US Acquisition
updated 15-Mar-10 |
Barclays/Prudential - Institutional investors have warned Barclays that they may not be able to provide it with any financing to buy a...read more >>
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Share News: Citigroup Moves Into 2010 With Strong Capital and Liquidity
updated 12-Mar-10 |
Citigroup - Co.'s CEO says co. is going into 2010 with strong capital and liquidity and says 'well positioned to return to sustained...read more >>
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Share News: British Airways Continues to Face Strike Action
updated 11-Mar-10 |
British Airways - Co.'s 12,000 flight attendants moved closer to a strike after talks with Europe's third-largest airline over...read more >>
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Share News: Tullow Oil Sees Profits Fall by 92%
updated 10-Mar-10 |
Tullow Oil - Co.'s 2009 profit falls 92% to GBP 18.5m, and 2009 sales drop 16% to GBP 582m. Co. says its final dividend is...read more >>
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Share News: AstraZeneca Fails to Describe Side-effects of Seroquel
updated 09-Mar-10 |
AstraZeneca - Co. did not accurately describe the side-effects of antipsychotic drug Seroquel in an advertisement to...read more >>
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Share News: Unite Union Considers Pay Freeze for BA Cabin Crew
updated 08-Mar-10 |
British Airways - The Unite union is considering a two-year pay freeze for flight attendants to avert a co. cabin crew...read more >>
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Share News: Xstrata Claims Planned Shutdown Wont Impact Production
updated 05-Mar-10 |
Xstrata - Co. said a planned shutdown to re-brick its Copper smelter at Mt. Isa in Australia won't impact...read more >>
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Share News: Cisco Systems Reports Positive Spending Trends
updated 04-Mar-10 |
Cisco Systems - Co. sees very positive spending trends across the business and sees underlying strength in...read more >>
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Share News: Rio Tinto May Seek Small Acquisitions
updated 03-Mar-10 |
Rio Tinto - Co. could make smaller acquisitions, reports suggest co. is expected to seek small purchases to boost its...read more >>
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Share News: Prudential Seeks Rights Issue for AIA Bid
updated 02-Mar-10 |
Prudential - Co. and its advisers are in talks with sovereign funds from China and Singapore over the provision of billions of USD to support a planned...read more >>
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Share News: HSBC Set to Announce Full Year Losses
updated 01-Mar-10 |
HSBC - Co. is set to report that its US sub-prime losses, bad debts and write-downs increased by 7% last year to about USD 27bn (GBP17.7bn). Co. is also expected to...read more >>
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Share News: Coca Cola Plans to Purchase Bottling Company
updated 25-Feb-10 |
Coca Cola - Co. is in talks to buy the North American operations of bottler Coca-Cola Enterprises for almost...read more >>
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Share News: Materials Sector Weakens S&P 500
updated 24-Feb-10 |
The basic materials sector displayed the greatest weakness in the S&P 500. Financials closely followed after they were led lower in...read more >>
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Share News: BHP Billiton Aims to Raise Coal Prices
updated 23-Feb-10 |
BHP Billiton - Co. is seeking to raise coal prices for Japanese steelmakers by 55% for fiscal 2010. Japanese buyers oppose the price...read more >>
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Share News: Lloyds Plans to Reveal Larger Than Expected Losses
updated 22-Feb-10 |
Lloyds - Co. is expected to announce a full-year loss of up to GBP 12.5bn this week, laying bare the cost of its disastrous acquisition of mortgage lender HBOS. Also, the bank is...read more >>
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Share News: British Airways Cabin Crew Vote for Strike Action
updated 19-Feb-10 |
British Airways - Co. cabin crew vote for strike action. (Evening Standard) While a walkout may be called as early as March 1 in the event a majority of co.'s...read more >>
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Share News: GlaxoSmithKline Fails to Get US Approval for New Drug
updated 18-Feb-10 |
GlaxoSmithKline - Co. and XenoPort failed to gain US approval for an experimental treatment for a condition that causes sufferers to have an urgent need to move their...read more >>
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Share News: US Shares Financial Reporting News
updated 17-Feb-10 |
Google - Co. says about 60,000 android phones are shipped every day. (BBG) Citigroup - January credit-card write-offs rise to...read more >>
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Share News: JP Morgan Close to RBS Sempra Commodities Deal
updated 16-Feb-10 |
JP Morgan - Co. is close to a deal to buy the non-North American unit of RBS Sempra Commodities for about USD 1.7bn to expand its energy and metals trading...read more >>
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Share News: Barclays Expected to Announce Record Results
updated 15-Feb-10 |
Barclays - Co. will kick off the banks results season this week with record annual profits that are forecast to be as high as GBP 11bn. Also, John Varley and Bob Diamond, co.'s two most senior executives, will...read more >>
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Share News: UK Shares Financial Trading News
updated 12-Feb-10 |
Lloyds Banking Group - Co. to raise GBP 1.48bn via share issue. (Times) Tesco - Co. CEO said an ombudsman for UK supermarkets would...read more >>
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Share News: Rio Tinto Reports Dividends and Capital Expenditure
updated 11-Feb-10 |
Rio Tinto - FY net USD 4.87bn vs. Exp. USD 5.9bn, final dividend USD 0.45 and 2009 bet capital expenditure USD 5.4bn. Sees 2010 capital expenditure at least...read more >>
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Share News: Coca Cola Considers Bolt-on Acquisitions
updated 10-Feb-10 |
Coca Cola - Co. CEO says will look at bolt-on acquisitions after allowing cash for capex, dividends and share buybacks. Says there is more clarity now regarding...read more >>
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Share News: US Shares and Indices Weaken on the Day
updated 09-Feb-10 |
At the closing bell; the S&P 500 closed down 0.89% at 1056.74, the Dow Jones closed down 1.04% at 9908.39 and the NASDAQ 100 closed...read more >>
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Share News: British Airways Warns About Final-Salary Pension Scheme
updated 08-Feb-10 |
British Airways - Co. has given its clearest warning yet that it may have to close its final-salary pension schemes to existing members. The news comes as co. is fighting with a...read more >>
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Share News: Kraft Considers Time to De-list Cadbury Shares
updated 05-Feb-10 |
Cadbury - Co. shares will be delisted no earlier than March 8, bidder Kraft Foods said. (BBG) ICAP - Co. says overall activity at slightly lower...read more >>
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Share News: Unilever Aims to Provide YoY Operating Margin Improvement
updated 04-Feb-10 |
Unilever - Co.'s Q4 net income EUR 831m vs. Exp. EUR 650m and 2009 underlying sales growth 3.5%. Co. aims to deliver year-on-year operating margin improvement. Co. says...read more >>
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Share News: US Indices Face Positive Move Higher
updated 03-Feb-10 |
At the closing bell; the S&P 500 closed up 1.30% at 1103.31, the DJIA closed up 1.09% at 10296.85 and the NASDAQ 100 closed up...read more >>
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Share News: Cable & Wireless Remains on Track for De-merger
updated 02-Feb-10 |
Cable & Wireless - Co. says de-merger on track, expected to complete by March 26 2010. Says total dividend for 2009/10 reconfirmed at...read more >>
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Share News: Royal Dutch Shell Reports Likelihood of Further Job Cuts
updated 01-Feb-10 |
Royal Dutch Shell - Co. CEO will warn of fresh job cuts this week when he reveals sagging profits as the co. battles with falling production and a huge cost base. Analysts expect the group to report a...read more >>
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Share News: AstraZeneca Faces Legal Challenges Over Side Effects
updated 29-Jan-10 |
AstraZeneca faces potential legal costs of as much as $1.2bn from lawsuits filed by patients and regulators over alleged improper marketing and...read more >>
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Share News: Nasdaq 100 Recieves Boost from Apple Stock
updated 28-Jan-10 |
The Nasdaq 100 outperformed its peers with a great deal of attention on the unveiling of Apple's (+0.94%) new iPad. Stocks made a move to the upside after comments from the...read more >>
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Share News: Chinese Regulator Won't Limit Google's New Platform
updated 27-Jan-10 |
Google - China will not try to limit use of co.'s Android mobile phone platform in the Chinese market, its information technology regulator...read more >>
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Share News: HSBC Chairman Criticises Bankers Pay Structure
updated 26-Jan-10 |
HSBC - Co. chairman criticised the structure of bankers' pay as distorted and said he expects future payouts to be...read more >>
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Share News: Profit Warnings Fall Substantially for 2009
updated 25-Jan-10 |
Profit warnings fell sharply in 2009 and economists expect the recession to be declared over this week, but Ernst & Young has warned...read more >>
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Share News: Bank of America Looking to Spin-off Merrill Lynch
updated 22-Jan-10 |
Bank of America - Several senior financial executives of co. are exploring the possibility of making a bid for Merrill Lynch. There has been increasing chatter about the possibility of a spin-off in recent weeks, but the government is still...read more >>
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Share News: US Banks Miss Estimates
updated 21-Jan-10 |
Risk aversion dominated the session after the heavy weights Morgan Stanley (-1.7%) and Bank of America (+1.04%) failed to meet...read more >>
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Share News: US Equities Finish Higher due to Healthcare Sector
updated 20-Jan-10 |
US Equities finished higher after rallying at the open as it came to light that polling data for the Massachusetts Senate seat showed that Republican Scott Brown was in the lead, the healthcare sector was...read more >>
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Share News: Kraft Foods is Nearing Agreement to Buy Cadbury
updated 19-Jan-10 |
Cadbury - Kraft Foods is nearing agreement to buy co. after raising its offer to about GBP 12bn (USD 19.7bn) to overcome months of resistance, three people with knowledge of...read more >>
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Shares Markets Index
updated 11-Feb-11 |
An index of articles looking at some of the World's leading companies and their shares...read more >>
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