Hints and tips:
...Sainsbury’s initial offer was worth 161.3p a share based on the price of Sainsbury’s equity at the time of the announcement....
...The International Copper Study Group, for example, recently revised its forecast surplus for next year to 390,000 tonnes from 595,000 tonnes....
...APM Terminals is looking to invest in a plan by Brazil to sell 161 ports concessions starting this year, with the Dutch-based company’s newest terminal in the country’s biggest port, Santos, beginning to...
...The Volcker rule, aimed at banning proprietary trading, would have forced banks to divest their CLO investments, resulting in billions of dollars in losses....
...But there was little sign of a buoyant high street recovery in the UK, where LK Bennett has more than 100 of its 161 locations....
...The CFTC is seeking information from executives and traders from merchants including Louis Dreyfus, Olam International, Cargill, Noble Group and Glencore, say people familiar with the probe....
...The FTSE 250 was 1.5 per cent weaker overall at 10,431.90, a loss of 161 points in line with the sustained flight from risk across global markets....
...But the exchange, which handles the bulk of international futures dealing in metals such as copper, aluminium and nickel, could now do with extra capital....
...price swings Louis Dreyfus, through its Allenberg Cotton subsidiary, became the dominant buyer of New York cotton futures, taking delivery of 390,000 bales of cotton worth $300m in May, then buying another 161,000...
...Electricals groups Kesa and Dixons, both of which have issued profit warnings in recent months, will update the market on trading next Wednesday and Thursday respectively....
...The Nikkei 225 Average fell 0.4 per cent to 9,161, its lowest level since November 2009....
...Shaun Roache, of the International Monetary Fund in Washington, says such cycles have typically lasted 20 years from start to peak....
...Greek 10-year borrowing costs touched a high of 7.161 per cent, up more than half a percentage point on the day, before closing at 6.995 per cent....
...Oil stocks helped underpin the FTSE 100, which added 7.23 points at 5,161.87 after a quiet day’s trading. The index rose 3.5 per cent on the week, thanks largely to the falling US dollar....
...The rise in the bullion came after news that the Reserve Bank of India had acquired 200 tonnes of the precious metal from the International Monetary Fund....
...Meanwhile, HSBC gained 4 per cent to 720p after a trading update supported hopes that loan impairments at its US subprime arm were under control....
...Of 161 pubs sold in the past 35 weeks, 151 were from the leased estate....
...Xstrata lost 13.5 per cent to 601½p ahead of the shares trading ex-rights Tuesday, while Anglo American slid 8.7 per cent to 914p....
...Rio is trading at a 25 per cent discount to the terms of BHP’s all-share offer....
...DS Smith, the paper and packaging group, improved 1.4 per cent to 161¾p on the back of a UBS upgrade to “buy”....
...The FTSE 250 rallied 68.5 points, or 0.7 per cent, to 10,161.6....
...“The evidence from recent trading statements suggests trading is still robust. Yet current share prices appear to suggest that the market is expecting a decline in advertising in 2008.”...
...Trading volumes were low, with only 2.5bn shares changing hands....
...The FTSE 100 closed 72.1 points, or 1.1 per cent, lower at 6,161.2, with just four stocks managing to crawl into positive territory....
International Edition