United Kingdom
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Tuesday, 2 December 2008
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| 21. |
House prices could fall for two years
Citigroup chairman Win Bischoff has warned that house prices in Britain and the United States are likely to keep falling for another two years.
19 Jul 2008 |
| 22. |
Citigroup loss is smaller than expected
Citigroup posted a smaller-than-expected quarterly loss, despite $11.7 billion (5.9 billion pounds) of write-downs and credit losses tied to deteriorating capital markets and a slumping economy.
18 Jul 2008 |
| 23. |
Co-op to acquire Somerfield for £1.565 bln
The Co-operative Group said on Wednesday that had agreed to buy fellow grocery store chain Somerfield for £1.565 billion on a cash-free and debt-free basis.
16 Jul 2008 |
| 25. |
C&C revenue down in spring
C&C Group Plc, the Irish based makers of Magners cider, said on Friday that its revenue fell eight per cent in the four months ended 30 June, compared with the same period in the previous year.
11 Jul 2008 |
| 26. |
Origin against BG bid
Australian energy firm Origin has recommended that its shareholders reject a A$13.8 billion (£6.7 billion) takeover bid from BG Group. Origin said that the offer did not take into account the full extent of its coal seam gas reserves.
04 Jul 2008 |
| 27. |
Citigroup says Barclays may need 9 bln pounds more
Barclays may need to raise a further 9 billion pounds in capital, according to analysts at Citigroup, who also said the bank could take further significant write-downs as credit market conditions continue to deteriorate.
27 Jun 2008 |
| 28. |
BG makes hostile Origin bid
Gas producer BG Group went hostile on Tuesday, putting a A$13.8 billion (6.7 billion pounds) bid for Australia's Origin Energy direct to Origin shareholders, as it seeks to boost its position in Asia-Pacific's fast-growing gas market. BG's all-cash bid, which values Origin at A$15.50 a share, was rejected by Origin's board last month, with Origin valuing its coal seam gas reserves alone at over $15 billion after it doubled its resource estimate to 10,000 petajoules.
24 Jun 2008 |
| 29. |
Weir year profits to be at upper end of expectations
Weir Group Plc said on Monday that it expected pre-tax profit for the full year 2008 to be substantially ahead of 2007 and would be at the upper end of market expectations. The engineering group said that its financial performance for the 22 weeks to 30 May had benefited from generally strong market conditions, particularly in the global mining market.
23 Jun 2008 |
| 30. |
Go-Ahead expect record results for 2008
Go-Ahead Group Plc said on Thursday that it had strong revenue from its bus business and excellent performance in its rail division in the year ending 28 June 2008. The transport services company said it expected full year results to be ahead of previous expectations and of last years record results.
19 Jun 2008 |
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