f&C asset management
’Snap news
Breaking pre-market news on Tuesday,
- Germany’s Metro on target to meet full year earnings forecast — statement.
- Thorntons warns on profits; blames warm easter weather — statement.
- Nasdaq and ICE launch hostile offer for NYSE — statement.
Synthetic bid activity and rebel shareholders [updated]
There’s shareholder activism…
City institutions have catapulted a rebel investor into the chairmanship of one of the UK’s largest asset managers in a bold act of shareholder activism. Investors in F&C Asset Management,
Snap news
Breaking pre-market news on Friday,
- Biomet and Smith & Nephew set for talks over £15bn merger – report.
- Fresnillo expects silver production to rise 5 per cent in 2011 — statement.
- F&C Asset Management announces cost cutting plan — statement.
Snap news
Breaking pre-market news on Wednesday,
-Home Retail announces £150m share buyback alongside results – statement.
- BBVA reports flat Q1 net profit, says bad debts remain at same level as December – statement.
It’s like Christmas Eve
…and here’s the evidence – Monday’s most actives’ on the London Stock Exchange.
Across the London market (ex-Aim) just 950m shares have changed hands – that’s not even half an average day’s trading volume.
Snap news
Breaking pre-market news on Friday,
- Bank of Ireland sees impairment charges of €6bn in 3yrs to 2011 – statement.
- Friends Provident completes demerger of stake of in F&C Asset Management – statement.
