Sectors
Please note it is your responsibility to evaluate the accuracy, completeness and usefulness of any information, opinion or advice contained in the content below.Latest News
Aerospace
UK to push for UN arms trade treaty
16 May 2012 at 9:01pm
Alan Duncan, international development minister, says London will target the ‘unscrupulous’ side of the defence business
GE Capital resumes dividend to parent
16 May 2012 at 10:59pm
Finance arm to make first payment since 2009 of nearly $5bn plus about 30% of earnings in a move seen as signalling company’s recovery
EADS warns of rising costs of faulty wing
16 May 2012 at 4:16pm
Airbus owner warns that the costs of fixing a wing crack problem on the A380 are expected to rise to ?260m this year and drag on 2013 earnings
Autos
GM snubs Germany over new Astra
17 May 2012 at 5:00pm
Factories in the UK and Poland have been chosen to build the new high-volume model, in a move that could put a German plant at risk
Truth behind Japan’s free and open market
17 May 2012 at 3:05pm
A Japanese negotiator can claim his market is fully open, safe in the knowledge that no products will be imported, writes Clyde Prestowitz
GM to create 700 jobs at Ellesmere Port
17 May 2012 at 11:50am
US carmaker reaches a deal with its workers and will invest £125m in the Cheshire plant to build the new model of its Astra compact car
Basic Industries
Cookson launches strategic review
17 May 2012 at 4:28pm
Industrial materials company faces possible split of performance materials and ceramics business amid shareholder rebellion over pay
GM snubs Germany over new Astra
17 May 2012 at 5:00pm
Factories in the UK and Poland have been chosen to build the new high-volume model, in a move that could put a German plant at risk
Truth behind Japan’s free and open market
17 May 2012 at 3:05pm
A Japanese negotiator can claim his market is fully open, safe in the knowledge that no products will be imported, writes Clyde Prestowitz
Consumer Industries
Activist investor aims to add zest to Pepsi
16 May 2012 at 10:53pm
Ralph Whitworth’s Relational Investors has disclosed that it has acquired 9m shares as it aims to press for changes at the drinks giant
Graff to have $3bn-$4bn value at IPO
17 May 2012 at 7:34pm
High-end jeweller aims to raise $1bn by selling 25-35% of group in what would be Hong Kong’s second largest listing so far this year
M&S chief may miss out on bonus
17 May 2012 at 6:12pm
Group to record first fall in full-year profit in three years, but chief executive Marc Bolland could still take home £6m
Drugs & Healthcare
HGSI fights GSK bid with ‘poison pill’
17 May 2012 at 8:02pm
US-based biotech claims of talks with alternative buyers as it formally rejects as ‘inadequate’ GlaxoSmithKline’s $2.6bn hostile takeover bid
Agilent buys Danish cancer diagnostics group
17 May 2012 at 6:50pm
The $2.2bn acquisition of Dako is the biggest deal in the US company’s history and marks the latest acquisition in the rapidly consolidating sector
Breakthrough for brain-controlled robotics
16 May 2012 at 6:10pm
Two paralysed people have used new technology to enable them to drink ? the first time they have done so without help
Energy, Utilities & Mining
Argentine electricity groups fear collapse
16 May 2012 at 9:59pm
Decade-long energy tariff freeze sees providers warn of difficulties, sparking concern that the government could step in to nationalise them
Japan pushes Asia gas price close to high
17 May 2012 at 8:06pm
Spot prices set to hit record highs this summer as Japan abandons nuclear power and supplies decline after a LNG pipeline was blown up in Yemen
Cairn investors vote down pay report
17 May 2012 at 6:44pm
Shareholders revolt reflects simmering discontent despite founder and chairman Sir Bill Gammell?s £3.5m bonus being scrapped in January
Financial Services
London loses financial jobs to regions
17 May 2012 at 7:13pm
Edinburgh, Manchester and other regional cities help companies take advantage of lower costs, report shows
Pru hits back after investors’ pay revolt
17 May 2012 at 7:00pm
Insurer calls comparison with Aviva and Cairn votes ‘absurd’ ? and says a number of the 33% of dissenting shareholders voiced support for board
Two tiers, one crisis for Spanish banks
17 May 2012 at 6:08pm
Despite the markets now drawing a clear distinction between the country’s strong Big Three and other weaker lenders, risks remain for all
IT
[CaRP] XML error: XML_ERR_NAME_REQUIRED at line 21 – This appears to be an HTML webpage, not a feed.
Media & Internet
UTV dissent linked to ousted director
17 May 2012 at 7:28pm
Analysts say revolt is not part of shareholder spring but is related to boardroom coup that saw the removal of chairman John McGuckian
Investors bet on Facebook as gatekeeper
17 May 2012 at 7:09pm
AOL and Yahoo both once vied for the role of acting as the first stop online for accessing information and communicating with friends and family
Buffett buys 63 US papers for $142m
17 May 2012 at 6:27pm
The billionaire former paper boy is buying most of the titles of Media General, a Virginia group that also owns 18 television stations
Property
UK housing starts fall sharply
17 May 2012 at 12:51pm
The sluggish state of the housing market was underlined by figures showing a big decline in new houses under construction in the first quarter
Berkeley on pole for Wapping development
16 May 2012 at 6:21pm
The builder is preferred bidder for the News International site, one of London?s largest development opportunities and subject of wide interest
Land Securities hit by weak office demand
16 May 2012 at 9:24am
Profits at the UK?s largest real estate investment trust fell nearly 60% as demand for office space and retail outlets fell
Retailing & Leisure
Online betting surge lifts Paddy Power
17 May 2012 at 4:43pm
Bookmaker reports 28% increase in revenues and prepares to increase investment to drive expansion plans in North American markets
Man Utd hit by lack of trophies
17 May 2012 at 2:02pm
Premier League club sees drop in match day and media revenues after an early exit from the Champions League and a trophy-less end to the season
All Leisure in £4m deal for Page & Moy
17 May 2012 at 12:36am
Company will suspend its dividend to acquire the seniors’ travel specialist in a move aimed at lowering its exposure to the volatile cruise market
Telecoms
TalkTalk shares up 20% as profits double
17 May 2012 at 6:00pm
Telecoms operator to raise its dividend by a minimum of 15 per cent in each of the next two years after slowing rate of customer departures
T-Mobile USA to cut 900 more jobs
16 May 2012 at 10:49pm
The fourth-largest US mobile network operator has been struggling to stem the loss of valuable monthly contract customers to rivals
Hutchison tries to block Eircom plan
16 May 2012 at 10:33pm
The Hong Kong conglomerate and a fund linked to Brevan Howard are challenging a decision to reject Hutchison?s ?2bn bid for the telecoms operator
Transport
Safety worries ground new Berlin airport
17 May 2012 at 8:04pm
The German capital?s delayed ?2.5bn transport hub will not now open until March 2013 after fears were raised about its fire protection systems
Investor success as CP heads step down
17 May 2012 at 7:30pm
The decision by Canadian Pacific?s chief, chairman and four other executives comes after pressure from Pershing Square to shake up management
Georgian Railway valued as high as £1bn
17 May 2012 at 1:27am
Caucasus state?s railway monopoly seeks a listing on the London Stock Exchange for global depositary receipts representing 25% of its shares
Source: Financial Times
November 27 2007 08:13 am
