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- BAE Systems buys Detica
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LONDON (Reuters) - BAE Systems said on Monday it had made a recommended offer for Detica Group , a provider of IT services to the national security sector, at 440 pence a share, valuing the business at about 538 million pounds including assumed debt.
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Original Source: feeds.reuters.com
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27 July, 2008| massmedia |
Comments (0) @ 23:56
- Pubs in Britain: Still the Moon Under Water
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An exploration of the national pastimeEVERY nation needs a national myth, and Britain might seem to need more than most. A modern myth has it as a country full of overworked wage-slaves. Newspapers write of a “long-hours culture”, and point out that the British working week is significantly longer than the European average.Yet walking through the afternoon streets of St James, on my way back from Friday lunch, it is hard to see much evidence of that. A legion of investment bankers and private-equity types crowd the streets, as indistinguishable from one to the next, in their open-necked shirts and luxuriantly coifed hair, as their predecessors were in their umbrellas and bowler hats. They are the overspill from London’s pubs, which have been filling up since midday. Now it seems as if half the city is outside, pint-glass in one hand and cigarette in the other, chatting up a co-worker or arguing about football. London must be the only city in the world where the journalists work harder than the bankers. ……
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27 July, 2008| massmedia |
Comments (0) @ 23:49
- Unilever to sell N.America laundry unit to Vestar
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LONDON (Reuters) - Unilever, the world’s third-biggest consumer goods group, has agreed to sell its North American laundry business to private equity firm Vestar Capital Partners for about $1.45 billion (730 million pounds), it said on Monday.
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Original Source: feeds.reuters.com
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27 July, 2008| massmedia |
Comments (0) @ 23:49
- Reckitt profit rises 11 percent
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LONDON (Reuters) - Reckitt Benckiser , the world’s biggest household cleaning goods maker, on Monday posted 11 percent rise in second-quarter profit and said it was on track to meet annual sales and profit targets.
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Original Source: feeds.reuters.com
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27 July, 2008| massmedia |
Comments (0) @ 23:43
- Unilever to sells N.America laundry unit to Vestar
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LONDON (Reuters) - Unilever, the world’s third-biggest consumer goods group, has agreed to sell its North American laundry business to private equity firm Vestar Capital Partners for about $1.45 billion (730 million pounds), it said on Monday.
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Original Source: feeds.reuters.com
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27 July, 2008| massmedia |
Comments (0) @ 23:33
- BAE Systems buys Detica for about 538 mln pounds
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LONDON (Reuters) - BAE Systems said on Monday it had made a recommended offer for Detica Group , a provider of IT services to the national security sector, at 440 pence a share, valuing the business at about 538 million pounds including assumed debt.
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Original Source: feeds.reuters.com
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27 July, 2008| massmedia |
Comments (0) @ 23:28
- Northern Foods underlying sales up 3.5 percent
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LONDON (Reuters) - Food manufacturer Northern Foods said on Monday that underlying sales increased by 3.5 percent in the first quarter of its financial year, in line with the trend of the year before.
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Original Source: feeds.reuters.com
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27 July, 2008| massmedia |
Comments (0) @ 23:27
- Pearson more confident in 2008 outlook after H1
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LONDON (Reuters) - Publishing group Pearson , owner of the Financial Times, said it was more confident in its full-year outlook after increasing operating profit 38 percent and sales by 14 percent in the first half.
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Original Source: feeds.reuters.com
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27 July, 2008| massmedia |
Comments (0) @ 23:24
- Reckitt profits rise 11 percent
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LONDON (Reuters) - Reckitt Benckiser , the world’s biggest household cleaning goods maker, on Monday posted an 11 percent rise in second-quarter profits and said it was on track to meet its full year sales and profit targets.
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Original Source: feeds.reuters.com
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27 July, 2008| massmedia |
Comments (0) @ 23:21
- Keller sees 2008 results similar to last year
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LONDON (Reuters) - Ground engineer Keller posted a 19 percent rise in first-half profit and said full-year results would be broadly in line with 2007 amid tough trading in some western European and U.S. residential markets.
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Original Source: feeds.reuters.com
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27 July, 2008| massmedia |
Comments (0) @ 23:19
- Informa says trading strong and bid talks continue
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LONDON (Reuters) - Publishing and events group Informa posted first-half profits and revenue slightly ahead of forecasts on Monday and said talks with its possible suitors were continuing.
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Original Source: feeds.reuters.com
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27 July, 2008| massmedia |
Comments (0) @ 23:17
- Marston’s sees year results in line with expectations
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LONDON (Reuters) - Pub operator and brewer Marston’s reported a slight rise in group turnover on Monday and said it anticipated results for the full year would be broadly in line with its expectations.
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Original Source: feeds.reuters.com
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27 July, 2008| massmedia |
Comments (0) @ 23:16
- Compass says had strong quarter
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LONDON (Reuters) - Compass Group , the world’s biggest caterer, said on Monday it had a strong third quarter, with profit margins and revenues, excluding acquisitions, in line with the levels seen in the first half.
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Original Source: feeds.reuters.com
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27 July, 2008| massmedia |
Comments (0) @ 23:15
- India: Blast after blast
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Another spate of deadly terrorist attacks in IndiaEVERY six months or so, in recent years, unknown terrorists have exploded crude bombs in India’s cities and trains, and a dozen or more people have been killed. But these mystery killers have now upped the tempo. On Saturday July 26th, and in another bomb-blast the day before, at least 50 people were killed in two Indian cities. The deadliest attacks were in Ahmedabad, capital of the prosperous western state of Gujarat, on Saturday. At least 49 people died and some 200 were wounded in around 20 small blasts, which came in two waves. The first hit the city’s crowded market area; the second, 20 minutes later, struck a hospital to which many victims had been rushed. The previous day’s atrocity was less bloody: one person was killed and six wounded by eight explosions in Bangalore, the capital of Karnataka–and the centre of India’s important computer-services industry. ……
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27 July, 2008| massmedia |
Comments (0) @ 23:13
- Ryanair profit plunges as fuel bill doubles
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DUBLIN (Reuters) - Ryanair posted an 85 percent fall in first-quarter net profit on Monday as its fuel bill almost doubled and warned it could make a full-year loss of up to 60 million euros if oil prices stayed high and fares fell.
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Original Source: feeds.reuters.com
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27 July, 2008| massmedia |
Comments (0) @ 23:13
- Ryanair profit plunges
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DUBLIN (Reuters) - Ryanair posted an 85 percent fall in first-quarter net profit on Monday as its fuel bill almost doubled and warned it could make a full-year loss of up to 60 million euros if oil prices stayed high and fares fell.
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Original Source: feeds.reuters.com
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27 July, 2008| massmedia |
Comments (0) @ 22:55
- Nikkei flat as Advantest and Honda fall sharply
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TOKYO (Reuters) - The Nikkei average was almost flat on Monday, as sharp falls in Advantest and Honda Motor following disappointing earnings results offset gains in trading companies such as Mitsui & Co.
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Original Source: feeds.reuters.com
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27 July, 2008| massmedia |
Comments (0) @ 22:28
- Ryanair earnings down 85 percent
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DUBLIN (Reuters) - Ryanair posted a 85 percent fall in first-quarter net profit on Monday as its fuel bill almost doubled and warned it could make a full-year loss of up to 60 million euros if oil prices stayed high and fares fell.
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Original Source: feeds.reuters.com
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27 July, 2008| massmedia |
Comments (0) @ 22:22
- House prices fall in July
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LONDON (Reuters) - House prices fell for a 10th straight month in July to stand 4.4 percent lower on the year, a survey by property consultants Hometrack showed on Monday.
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Original Source: feeds.reuters.com
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27 July, 2008| massmedia |
Comments (0) @ 22:01
- East Europeans fear climate policy pinch
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GORNO OSENOVO, Bulgaria (Reuters) - Many pensioners in the Bulgarian village of Gorno Osenovo, who go to bed with the sunset and wake up at sunrise, have never heard of carbon dioxide. They don’t get electricity either.
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Original Source: feeds.reuters.com
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27 July, 2008| massmedia |
Comments (0) @ 21:05