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- Centrica to double stake in Belgium’s SPE to 51 percent
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LONDON (Reuters) - Energy company Centrica is doubling its interest in Belgian generation and supply company SPE SA to 51 percent for 515 million euros (408 million pounds), overturning a deal by France’s EDF to buy the stake.
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Original Source: feeds.reuters.com
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22 July, 2008| massmedia |
Comments (0) @ 23:48
- Vodafone surprises with share buyback
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LONDON (Reuters) - Mobile phone group Vodafone announced a surprise 1 billion-pound share buyback programme on Wednesday, saying a big share price fall in the wake of Tuesday’s trading update left the stock undervalued.
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Original Source: feeds.reuters.com
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22 July, 2008| massmedia |
Comments (0) @ 23:43
- Daily Mail revenue up as B2B offsets weak ads
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LONDON (Reuters) - Publishing group Daily Mail & General Trust said third-quarter revenue rose 5 percent on last year as growth in the group’s business information division offset weak advertising revenue.
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Original Source: feeds.reuters.com
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22 July, 2008| massmedia |
Comments (0) @ 23:39
- Cricket at Lord?s: A magical combination
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Sun, cricket and alcohol, on the cusp of great upheavalTHE buzz of anticipation starts to build well before reaching Lord’s. On the train into central London I see two young men in shorts and sun hats with a large cool box. Surely they are on the same journey as me–to Lord’s, the home of cricket. Nearer the ground the tube train begins to fill with more like-minded souls. I glimpse a flash of the distinctive “egg-and-bacon” yellow-and-pink tie of the Marylebone Cricket Club, the custodians of the laws of cricket, whose home is Lord’s. Next a Panama hat or two with a band in the same colours hoves into view. And finally on Wellington Road, close to the ground, the few become a jovial throng heading for the Test match. The smattering of MCC colours is reinforced by more daring older members who sport dazzling MCC blazers, lurid beacons amid the more soberly attired cricket fans….
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22 July, 2008| massmedia |
Comments (0) @ 23:36
- Vodafone unveils surprise share buyback
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LONDON (Reuters) - Mobile phone group Vodafone announced a surprise 1 billion-pound share buyback programme on Wednesday, saying a big share price fall in the wake of Tuesday’s trading update left the stock undervalued.
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Original Source: feeds.reuters.com
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22 July, 2008| massmedia |
Comments (0) @ 23:35
- India: India’s government survives
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A nuclear co-operation deal between America and India survives tooAFTER a rancorous two-day debate on its most contentious policy, a nuclear co-operation agreement with America, India’s government won a parliamentary vote of confidence on Tuesday July 22nd. This does not guarantee the survival of the vexed agreement struck by America’s George Bush and India’s prime minister, Manmohan Singh, in 2005. The deal needs approving by several foreign bodies, including the UN’s International Atomic Energy Agency (IAEA). But the government’s victory, by 275 votes to 256, with 10 abstentions, has probably fireproofed it against opponents in India….
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22 July, 2008| massmedia |
Comments (0) @ 23:33
- Vodafone to launch 1 billion pound share buyback
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LONDON (Reuters) - Vodafone , the world’s largest mobile phone group by revenue, is to introduce a 1 billion pound share buy back programme, after the shares slumped following its first-quarter results.
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Original Source: feeds.reuters.com
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22 July, 2008| massmedia |
Comments (0) @ 23:25
- Glaxo seen planning smaller drug research teams
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LONDON (Reuters) - GlaxoSmithKline will split its drug discovery researchers into much smaller teams that will compete for $1 billion (502 million pounds) a year in funding from a new panel, the Financial Times reported on Wednesday.
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Original Source: feeds.reuters.com
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22 July, 2008| massmedia |
Comments (0) @ 23:22
- Centrica to double stake in Belgian SPE to 51 percent
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LONDON (Reuters) - Energy company Centrica said on Wednesday it was to double its stake in Belgian generation and supply company SPE SA to 51 percent for 515 million euros (408 million pounds).
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Original Source: feeds.reuters.com
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22 July, 2008| massmedia |
Comments (0) @ 23:18
- Halfords says profit ahead of its expectations
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LONDON (Reuters) - Car parts and bike retailer Halfords said on Wednesday first-quarter profit was ahead of its expectations, boosted by a strong performance from its car maintenance business and tight cost control.
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Original Source: feeds.reuters.com
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22 July, 2008| massmedia |
Comments (0) @ 23:15
- Daily Mail revenue up on strong B2B performance
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LONDON (Reuters) - Publishing group Daily Mail & General Trust said third-quarter revenue rose 5 percent on last year as growth in the group’s business-to- business division offset weak advertising revenue.
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Original Source: feeds.reuters.com
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22 July, 2008| massmedia |
Comments (0) @ 23:13
- Tate & Lyle says makes satisfactory start to year
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LONDON (Reuters) - Sugar refiner and sweetener maker Tate & Lyle said on Wednesday that it had made a satisfactory start to its financial year and was on track to make progress for the year as a whole.
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Original Source: feeds.reuters.com
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22 July, 2008| massmedia |
Comments (0) @ 23:09
- Australia’s CBA in talks to buy ABN AMRO unit
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SYDNEY (Reuters) - Commonwealth Bank of Australia , the nation’s second-biggest lender by assets, said it was in talks to buy ABN AMRO’s Australia and New Zealand operations, as it looks to strengthen its institutional banking and markets business.
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Original Source: feeds.reuters.com
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22 July, 2008| massmedia |
Comments (0) @ 23:01
- TPG seen eyeing Paragon
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LONDON (Reuters) - U.S. private equity firm TPG is considering a bid for specialist UK mortgage lender Paragon , weeks after pulling out of a deal to take a stake in Bradford & Bingley , the Financial Times reported.
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Original Source: feeds.reuters.com
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22 July, 2008| massmedia |
Comments (0) @ 22:52
- Oil falls helping to lift Asia stocks
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HONG KONG (Reuters) - Oil prices on Wednesday slid $20 below an all-time high hit two weeks ago, helping to lift Asian stocks and weigh on government bonds as investors cautiously reached for higher returns as well as more risk.
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Original Source: feeds.reuters.com
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22 July, 2008| massmedia |
Comments (0) @ 21:26
- Nikkei climbs 1 pct as exporters rise, property up
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TOKYO (Reuters) - Japan’s Nikkei stock average climbed 1 percent on Wednesday, with Canon Inc and fellow exporters leading it higher after the dollar gained against the yen on oil’s fall to a six-week low.
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Original Source: feeds.reuters.com
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22 July, 2008| massmedia |
Comments (0) @ 21:23
- Fall in oil inspires gains in Asia stocks
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HONG KONG (Reuters) - Oil prices on Wednesday slipped $20 below an all-time high hit two weeks ago, helping to lift Asian stocks and weigh on government bonds as investors cautiously reached for higher returns as well as more risk.
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Original Source: feeds.reuters.com
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22 July, 2008| massmedia |
Comments (0) @ 19:35
- Oil near six-week low on demand woes
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SINGAPORE (Reuters) - Oil prices held near a six-week low on Wednesday, as worries increased over dwindling U.S. demand at the same time as fears eased Hurricane Dolly would deal a major blow to oil and gas supply.
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Original Source: feeds.reuters.com
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22 July, 2008| massmedia |
Comments (0) @ 18:48
- Oil hits six-week low
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NEW YORK (Reuters) - Oil prices fell to a six-week low on Tuesday amid concerns over sliding U.S. energy demand and expectations that a hurricane pushing through the Gulf of Mexico would spare most offshore oil production.
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Original Source: feeds.reuters.com
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22 July, 2008| massmedia |
Comments (0) @ 17:18
- Yahoo says outlook intact after profits fall
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SAN FRANCISCO (Reuters) - Yahoo Inc’s quarterly net profit fell 19 percent but investors took heart that it did not change its outlook despite a weakening U.S. economy and the distraction of Microsoft Corp’s failed takeover bid.
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Original Source: feeds.reuters.com
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22 July, 2008| massmedia |
Comments (0) @ 17:12