Jun 18, 2013 7:37 AM ET
Aggreko anticipates group revenues in the first half to climb 5%. Chemring Group secured order worth $25.2 million. Co-operative Bank plan to raise £1.5 billion to restructuring the debt. SDL lowered its full year outlook. Whitbread first quarter group sales jumped 13.8%.
Jun 14, 2013 11:42 AM ET
European markets traded higher after the reported inflation data was in-line with estimates. European Central Bank said four banks are scheduled to repay €3.19 billion of long-term loans issued at the height of financial crisis in 2011 next week.
Jun 14, 2013 10:51 AM ET
Barry Callebaut placed new 318,858 shares at a price of about $300 million. Elan board authorized the company sale. Glencore signed revolving credit facilities for $17.3 billion. Hochtief plans to buyback up to 4,313,000 shares worth €260 million.
Jun 13, 2013 10:53 AM ET
BG Group sold 65.1% stake in India based Gujarat Gas for about $422 million. Centrica buy 25% stake license for total of £100 million. Elan rejected third attempt of revised takeover bid worth $7.9 billion. Mulberry revenue and profit in the year declined.
Jun 13, 2013 10:44 AM ET
European markets pared losses after a sharp decline in Japan dragged sentiment in Europe and Asia. World Bank lowered global growth estimate. Wholesale inflation in Germany declined for the second month in a row.
Jun 12, 2013 10:41 AM ET
Inditex first quarter sales jumped 5% and net rose 2% to €438 million. Sainsbury reported total sales for first quarter jumped 3.6%. Vodafone and Deutschland Kabel discussed merger. Severn Trent rejected a conditional takeover offer.
Jun 11, 2013 10:32 AM ET
Britvic wins merger approval with A.G. Barr. Dialight first-half revenue soared 50%. Ocado Group jumped on market rumors of a tie-up with Marks & Spencer. Prada first quarter revenue and profit climbed 14%. Remy profit for the year soared 18%.
Jun 10, 2013 10:13 AM ET
European markets traded sideways and Italian economic shrinkage was revised to 0.6%. French industrial output increased in April from March but the production was still lower than a year ago month. Resource stocks in Europe declined after China reported weak trade data.
Jun 10, 2013 9:46 AM ET
AstraZeneca agreed to acquire Pearl Therapeutics for $1.15 billion. Marks and Spencer plans to invest £200 million in a new distribution center. Consortium of investors abandoned its £5.3 billion offer for Severn Trent. Vue agreed to an offer of $935 million from Canada based private equity firms.
Jun 07, 2013 10:28 AM ET
Bellway reservations in the last four months soared 31%. Hornby revenues dropped and net swung to a loss. Kcom revenue slid to £372.9 million and increased dividend by 11%. Severn Trent soared after consortium is said to have raised its takeover bid.