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- Crude rises on Iran missile tests
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Crude oil prices rise and the dollar slips after news that Iran has test-fired long and medium-range missiles….
Original Source: news.bbc.co.uk
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8 July, 2008| massmedia |
Comments (0) @ 23:51
- WPP makes hostile takeover bid for TNS
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LONDON (Reuters) - WPP Group Plc , the world’s second-largest advertising company, said it has launched a hostile bid worth 1.08 billion pounds for market research firm Taylor Nelson Sofres .
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Original Source: feeds.reuters.com
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8 July, 2008| massmedia |
Comments (0) @ 23:46
- Redrow axing 40 pct of jobs
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LONDON (Reuters) - House builder Redrow said its 2007-08 trading results would meet forecasts but it was cutting 40 percent of its workforce and was set to significantly reduce the value of its land holdings.
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Original Source: feeds.reuters.com
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8 July, 2008| massmedia |
Comments (0) @ 23:39
- London Stock Exchange first quarter revenue up
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LONDON (Reuters) - The London Stock Exchange on Wednesday announced an 8 percent increase in revenue for the three months ended June, despite global financial market turmoil.
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Original Source: feeds.reuters.com
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8 July, 2008| massmedia |
Comments (0) @ 23:31
- WPP launches takeover bid for TNS
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LONDON (Reuters) - WPP Group , the world’s second-largest advertising company, said it had formally launched a takeover bid worth 1.08 billion poundsfor British market research firm Taylor Nelson Sofres .
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Original Source: feeds.reuters.com
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8 July, 2008| massmedia |
Comments (0) @ 23:23
- Bovis Homes cuts jobs and dividend
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LONDON (Reuters) - House builder Bovis Homes plans to cut staff numbers by 40 percent and slash its dividend to cope with a dire housing market, but does not as yet expect any big writedowns of its land, it said on Wednesday.
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Original Source: feeds.reuters.com
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8 July, 2008| massmedia |
Comments (0) @ 23:13
- Cargill rolling out natural no-calorie sweetener
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NEW YORK (Reuters) - Agribusiness giant Cargill is starting to roll out Truvia, its natural, no-calorie sweetener on Wednesday, and expects the product to be on grocery shelves across the U.S. sometime this fall.
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Original Source: feeds.reuters.com
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8 July, 2008| massmedia |
Comments (0) @ 22:30
- M&S’s Rose faces stormy showdown with shareholders
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LONDON (Reuters) - Marks and Spencer boss Stuart Rose, lauded for reviving the landmark retailer just a year ago, is battling to save his job after bungled management changes and a big profit warning.
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Original Source: feeds.reuters.com
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8 July, 2008| massmedia |
Comments (0) @ 17:01
- OPEC to earn $1.251 trillion from oil exports
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WASHINGTON (Reuters) - OPEC’s earnings from oil exports are expected to reach a record $1.251 trillion this year, about $73 billion (37 billion pounds) more than previously estimated, the U.S. government’s top energy forecasting agency said on Tuesday.
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Original Source: feeds.reuters.com
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8 July, 2008| massmedia |
Comments (0) @ 14:33
- Problems found at ratings firms
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A report into the much-criticised activities of credit rating agencies has found conflicts of interest at the firms it investigated….
Original Source: news.bbc.co.uk
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8 July, 2008| massmedia |
Comments (0) @ 14:21
- Less Than An AAA Rating
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An SEC report takes aim at the practices of credit-rating agencies….
Original Source: www.forbes.com
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8 July, 2008| massmedia |
Comments (0) @ 14:10
- Dollar rises on Bernanke comments
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NEW YORK (Reuters) - The dollar rose on Tuesday as the Federal Reserve’s willingness to keep its emergency lending facility open into 2009 for some Wall Street firms calmed fresh credit concerns and encouraged investors to snap up U.S. stocks.
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Original Source: feeds.reuters.com
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8 July, 2008| massmedia |
Comments (0) @ 14:07
- Oil prices fall by more than $5
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Oil prices in New York and London have fallen by more than $5 due to fears that a global economic slowdown would stifle demand….
Original Source: news.bbc.co.uk
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8 July, 2008| massmedia |
Comments (0) @ 13:51
- Oil price falls by more than $5
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Oil prices in New York and London have fallen by more than $5 due to fears that a global economic slowdown would stifle demand….
Original Source: news.bbc.co.uk
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8 July, 2008| massmedia |
Comments (0) @ 13:51
- Can A More Powerful Fed Really Help The Banks?
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So far, no matter what regulators have done, they haven’t been able to prevent negative sentiment from wrecking havoc….
Original Source: www.forbes.com
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8 July, 2008| massmedia |
Comments (0) @ 12:26
- Anheuser-Busch sues InBev over takeover attempt
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NEW YORK (Reuters) - Anheuser-Busch sued InBev in an effort to stop its Belgian-Brazilian suitor from taking any more steps to replace the U.S. brewer’s board of directors, which had rejected a $46.3 billion (23.5 billion pound) takeover offer from InBev.
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Original Source: feeds.reuters.com
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8 July, 2008| massmedia |
Comments (0) @ 12:13
- InBev sets in motion bid to oust Anheuser board
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BRUSSELS (Reuters) - InBev set in motion its plan to oust the board of reluctant bid target Anheuser-Busch on Tuesday by sending a letter to the U.S. rival it has offered to buy for $46.3 billion (23.5 billion pounds).
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Original Source: feeds.reuters.com
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8 July, 2008| massmedia |
Comments (0) @ 11:12
- Tough times for pricey perk providers
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With gas prices spiking and the economy in a tailspin, the people who provide luxury extras are finding a once-lucrative gig is now a tough trade.
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Original Source: money.cnn.com
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8 July, 2008| massmedia |
Comments (0) @ 9:40
- Pricey personal staffers less sexy
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With gas prices spiking and the economy in a tailspin, the people who provide luxury extras are finding a once-lucrative gig is now a tough trade.
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Original Source: money.cnn.com
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8 July, 2008| massmedia |
Comments (0) @ 9:20
- Miners and banks drag down FTSE
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LONDON (Reuters) - The top share index closed 1.3 percent lower on Tuesday, driven down by sharp falls in heavyweight commodity stocks that tracked crude and metal prices lower, while banks continued to struggle.
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Original Source: feeds.reuters.com
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8 July, 2008| massmedia |
Comments (0) @ 9:09