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’Snap news
Breaking pre-market news on Monday,
- Dexia provisionally secures temporary guarantees — statement.
- Tui Travel says happy with Winter trading but bookings have slowed since previous update — statement.
Snap news
Breaking pre-market news on Tuesday,
- Thomas Cook warns on profits – statement.
- PSA Peugeot reports rise in sales — statement.
- Microsoft and Yell announce strategic alliance — statement.
Snap news
Breaking pre-market news on Wednesday,
- Rolls-Royce and Daimler launch joint bid for Tognum; offer pitched at €24 a share — statement.
- Lloyds Banking Group announces management shake-up — statement.
Snap news
Breaking pre-market news on Monday,
- Greencore ‘considering its options’ after Northern Foods recommends Boparan bid – statement.
- Serco responds to weekend bid rumours; says not in discussions regarding any major transaction — statement.
Snap news
Breaking pre-market news on Wednesday,
- West Midlands chicken tycoon plotting hostile bid for Northern Foods – Daily Telegraph and statement.
- Costain approaches Mouchel with 105.8p a share offer — statement.
Snap news
Breaking pre-market news on Wednesday,
- LCH.Clearnet to double margin requirement on Irish bonds — statement.
- Northern Foods and Greencore announce plans to merge — statement.
- Actelion in “regular dialogue”
Snap news
Breaking pre-market news on Thursday,
- Dana Petroleum talks with Korean suitors deadlocked — statement.
- Vedanta said to be in advanced talks to take stake in Cairn Energy – report.
- De La Rue chief executive resigns following paper incident — statement.
Snap news
Breaking pre-market news on Friday,
- RBS says more job cuts expected in UK and internationally – statement.
- Anglo American prices $2bn bond offering – statement.
- British Land sells Abbey headquarters – statement.
Unwinding Iceland
As a triple B lender, Iceland will have to move quickly if it is to avoid an humiliating trip to the IMF as a bankrupt sovereign.
After the near-implosion of its banking system and a two-notch credit rating downgrade by Standard & Poor’s,