Hints and tips:
...Deutsche and Panmure Gordon are placing £90m in RPC shares to help fund the deal....
...In the US, at 1445 GMT, the Chicago February PMI is expected to fall to 52.8 from January’s 55.6....
...Making amends for a tough first half, the French spirits maker reported sales of €298.4m in the three months ended December 31, 10.8 per cent higher than the same time a year earlier and versus an analyst...
...at 298.26bp Markit CDX IG +2.2bps at 74.29bp Sources: FT, Bloomberg, Markit...
...Both indices have risen more than 11 per cent in the first two weeks of June alone. But according to data from EPFR, foreigners withdrew $7.1bn from funds tracking China in the week to Thursday....
...The Hong Kong-listed shares in the bank fell as much as 2.8 per cent to HK$108.10 in mid-morning trading....
...Like its predecessor, Petershill II will buy minority stakes in established hedge fund management companies, in order to take a slice of the profits they make from charging fees to their clients....
...aid tranche from its €172bn second bailout by the EU and the International Monetary Fund....
...The protesters seized buildings in Kharkiv, Donetsk and Lugansk on Sunday....
...We believe our cash on hand is sufficient to meet the obligations which our parent does not fund in the foreseeable future....
...in asset fight An Argentine naval vessel crewed by more than 200 sailors has been seized in Ghana as part of an attempt by the US hedge fund Elliott Capital Management to collect on bonds on which Buenos...
...(Financial Times) Hedge fund Elliott Capital has seized an Argentinian naval vessel berthed in Ghana as part of an attempt to collect on bonds on which Buenos Aires defaulted in 2001....
...AIG is buying a network of financial advisers from its rival Hartford Financial for up to $90m, in a sign of confidence from the bailed-out US insurer (Financial Times)....
...hit the party in years, the FT reports. http://on.ft.com/PziFJX China gives its own grade to dim sum Chinese mainland companies looking to raise funds in the offshore market may have a new friend in town...
...Emerging Markets MSCI Emerging Market Index up +0.18% at 890.38 Americas DJIA down -0.84% at 11,766 S&P 500 down -1.17% at 1,205 Bovespa down -1.42% at 55,298 Asia Nikkei 225 up +0.54% at 8,341 Topix up...
...China accuses US of protectionism Beijing on Wednesday seized on a US court ruling to argue that Washington was practising illegal protectionism by imposing anti-subsidy tariffs on imports from China, the...
...in the process of raising funds for this, is in talks with Indonesia’s PT Kideco Jaya Agung for divesting part of its stake in the coal mines, Mint reports....
...now in the process of raising funds for this, is in talks with Indonesia’s PT Kideco Jaya Agung for divesting part of its stake in the coal mines, Mint reports....
...- At 15-16x 2008 EBITDA we get £8.55-£9.20 - At 15-16x 2009 EBITDA we get £10.00-£10.70 • Clearly there is much more to come… Let the battle commence… Update: Higlights from the Kraft conference call...
...The below from Centrica (emphasis ours): Centrica announces 3 for 8 Rights Issue to raise approximately £2.2 billion to fund the potential acquisition of a 25% interest in British Energy Centrica plc (...
...In other economic news weekly jobless claims fell 15,000 to 298,0000, the lowest level since May 12 and much better than the 315,000 reading expected by economists....
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