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Snap news

Breaking pre-market news on Wednesday,

- BHP Billiton underlying EBITDA falls 22 per cent to $10.8bn - statement.

- Autonomy Corporation launches a £500m convertible bond offering – statement.

- SEB says Q4 profit fell to $35m as loan losses jumped – statement.

- Cable & Wireless to offer $500m aggregate principal amount of notes due 2017 at 7.75 per cent - statement.

- Reckitt Benckiser Q4 net income rises 14 per cent to £448m – statement.

- Daily Mail and General Trust Revenue says Q1 revenue falls 15 per cent to £482m as expected – statement.

- Dana Petroleum makes second gas discovery offshore Nile Delta, Egypt – statement.

- Corporate: CSR, Elan Corporation, Smurfit Kappa, ArcelorMittal, Sanofi-Aventis, EDF Energie Nouvelle.

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