Tempus: Plan B 2008-05-16 06:01 - For all the undoubted effort Marks & Spencer has put into becoming the
‘ethical retailer’ through campaigns such as Plan A, today’s announcement
from Northern Foods reminds everyone that the overriding priority for
companies is profit and loss.
Brown announces rescue plan for first-time buyers 2008-05-16 06:01 - All first time buyers earning less than £60,000 a year are now eligible for
the Government’s shared ownership and shared equity schemes, which allows
borrowers to part buy a property.
BAA expected to triple profits in four years 2008-05-16 06:01 - Ferrovial, the Spanish owner of Britain’s busiest airports, wants profits from
BAA to almost treble to $1.3 billion in the next four years, it emerged
today.$
Land Securities loses £1.28bn on property values 2008-05-16 06:01 - Land Securities, Britain’s largest commercial property company, today admitted
its portfolio of shops and offices had fallen in value by £1.28 billion in
the sharpest decline since height of the last recession.
FirstGroup in cash call to fund Greyhound deal 2008-05-16 06:01 - FirstGroup, the bus and train operator, is issuing up to 43.7 million new
shares to institutional investors to help pay for the $3.5 billion purchase
of US transport group Laidlaw, which operates the 92-year-old Greyhound bus
network. The deal was completed in last October.$
Virgin Mobile USA confirms talks with SK Telecom 2008-05-16 06:01 - Virgin Mobile USA, the telecom company that has lost Sir Richard Branson over
$200 million, today said it was in talks with SK Telecom about a $“strategic
partnership”.
Ben Bernanke gives warning that financial markets ‘far from norm... 2008-05-16 06:01 - Ben Bernanke, the chairman of the US Federal Reserve, gave warning yesterday
that financial market conditions were “far from normal” and cautioned that
even the most rigorous regulation would not prevent a repeat of the
liquidity crisis endured during the past year.
Carl Icahn wades into Microsoft-Yahoo! fray 2008-05-16 06:01 - Carl Icahn, the billionaire activist shareholder, is believed to be
considering whether to launch a boardroom coup at Yahoo! to force the
internet search engine to restart talks with Microsoft.
DSG to slash dividend and close Currys stores 2008-05-16 05:25 - DSG International, the group behind Currys and PC World, is to halve its
dividend and close 77 Currys stores as part of a turnaround programme that
is designed to reinvigorate the electrical goods retailer.
