Posts Tagged ‘

Earthport

Snap news

Breaking pre-market news on Wednesday,

- Cadbury battle ends with midnight handshake – FT, publication of offer.

- IBM Consulting sales fall 2.8 per cent to $4.58bn – statement.

- Address by Mervyn King to the University of Exeter Business Leaders’ Forum – speech. More…

Snap news

Breaking pre-market news on Tuesday,

- Kingfisher delisting on the NYSE Euronext due to low level of trading – statement.

- Carillion awarded £157m Public Private Partnership project in Toronto – statement. More…

Snap news

Breaking pre-market news on Monday,

-  Heritage Oil-Genel merger terminated, Heritage issues letter of intent to sell its Ugandan assets to Eni for $1.3bn – statement.

- Lloyds Banking Group says it has accepted offers to exchange £8.8bn of non-US securities – statement. More…

Snap news

Breaking pre-market news on Wednesday,

- Punch Taverns writes pub values down by £663m — statement.

- Earthport says no talks with potential bidders are taking place and it is no longer in an offer period — statement. More…

Earth to Earthport, come in

We have been quietly following this international payment services company, Earthport, for some time now, as rumours of a profits warning and a failed strategic review have swirled round the market.

Yet each time FT Alphaville has contacted the company or its representatives we have been told the speculation was false. More…