Breaking pre-market news on Wednesday,

- Porsche faces new $1bn lawsuit from angry hedge funds — report.

- InterContinental Hotels Group says CEO Andrew Cosslett to step down on June 30 — statement.

- RAB Capital says results are not satisfactory — statement.

- Imagination Technology says full year volumes set to exceed targets by some margin — statement.

- Corporate: Centamin Egypt, Mitchells & Butlers, Himka Pharmaceutical, CSR, Greggs, Marston’s, Ila Group, Mecom Group, French Connection, Hardy Oil & Gas, Bahamas Petroleum, Topaz Energy & Marine.

This entry was posted by Neil Hume on Wednesday, March 16th, 2011 at 7:54 and is filed under Capital markets, People. Tagged with Andrew Cosslett, Imagination Technology, Intercontinental Hotels Group, porsche, rab capital. Edit this entry.