Breaking pre-market news on Thursday,

- OFT will not refer equity underwriting market to the Competition Commission for investigation — statement.

- BSkyB delivers “outstanding” performance in H1 — statement.

- AstraZeneca cuts forecasts for new and recently launched drugs; to launch $4bn share buyback — statement.

- Rosneft and BP to BP to expand strategic alliance – report.

- Mouchel agrees new banking facilities agreed to 2014 — statement.

- Corporate: Vedanta Resources, Tui Travel, Tullow Oil, Kazakhmys, 3i, Lonmin, Cairn Energy, BTG, Mitchells & Butlers, Petropavlovsk, London Stock Exchange, H&M.

This entry was posted by Neil Hume on Thursday, January 27th, 2011 at 7:53 and is filed under Capital markets, M&A, People. Tagged with astrazeneca, bp, bskyb, Competition Commission, equity underwriting, Mouchel, News Corporation, oft, rosneft. Edit this entry.