May 31, 2013 9:43 AM ET
Lloyds Bank sold its U.S. mortgage portfolio to raised £3.3 billion and also plans to sell its international private banking business in Miami to Banco Sabadell. Severn Trent profit for the year climbed 32% to £230.4 million. TUI Travel agreed to buy 60 Boeing 737 MAX airplanes.
May 30, 2013 10:35 AM ET
Kingfisher revenue in the first quarter slid 2% and profit plunged 29%. Ryanair plans to sale stake in Aer Lingus on regulatory pressure. Tate & Lyle sales jumped but profit declined.
May 29, 2013 10:13 AM ET
De La Rue revenue dropped 8% but pre-tax profit for the year jumped 57% to £51.5 million. SalMar revenue climbed 58% and net soared nearly two-fold to 235.4 million kroner. Telford profit before tax for the year surged and gross profit for the year soared 66%.
May 29, 2013 9:04 AM ET
European markets accelerated the decline in early afternoon from the 10% surge in six weeks on the uncertainty surround when the Fed plans to trim buying. Market indexes across the region fell as much as 1.8% and the euro weakened.
May 28, 2013 10:34 AM ET
AstraZeneca agreed to acquire Omthera for $323 million. A.G. Barr profit for the year dropped 9% as carbonates revenue climbed 7%. The Crown Estate invests £320 million in St James Market scheme. Victrex profit for the first-half increased to £35 million.
May 27, 2013 10:35 AM ET
Club Mediterranee received buyout offer from AXA and Fosun International. Fiat talks with banks to acquire Chrysler. SAP withdraws his interest in Jive Software. Qatar Telecom agrees to buy stake for $12 billion in Vivendiís Maroc Telecom.
May 24, 2013 10:39 AM ET
3i Group offers to acquire Barclays European infrastructure fund division. BTG agreed to acquire targeted therapies division of Nordion for £133 million and also signed agreement to buy the EKOS valued £120 million. Close Brothers third quarter unveiled strong results.
May 23, 2013 11:16 AM ET
European market indexes plunged more than 2% on the rising global uncertainties. U.K. GDP increased at 0.3% rate in the first quarter and yields on Spanish and Italian bonds rose.
May 23, 2013 11:07 AM ET
DMGT said print revenues declined but profit soared 69%. Mothercare international sales surged 8% and loss for the year narrowed. SABMiller group revenue for the year climbed 10% and profit plunged 22% to $3.51 billion. SBM Offshore quarterly revenue surged 35%.
May 22, 2013 10:58 AM ET
Britvic revenue rose 0.3% to £639.2 million and profit after tax surged 52%. Pandora plunged after Prometheus lowered its stake in the cosmetic jewelry maker. SSE revenue dropped 11% to £28.30 billion but net doubled to £425.9 million.