Financial News

By Simon Duke1 July 2010, 8:47am Tesco has been thrust into an unforgiving light amid concerns over its accounting policies. Simon Duke: After Tuesday's rout, the Footsie staged a recovery of sorts. WANT TO KNOW MORE? Newspaper and magazine share tips FTSE close: BP, AstraZeneca up FTSE LATEST 4852.05-64.82 document.write(""); document.write(""); document.write(""); £12.50 SHARE DEALING • Buy and sell shares online or by phone for £12.50 (
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BRUSSELS, July 1 (Reuters) - European antitrust authorities approved the acquisition on Thursday of parts of Polimeri Europa Benelux, a chemicals group, by Total Petrochemicals Feluy S.A., a division of French energy group Total. Polimeri Europa Benelux, which is ultimately controlled by Italian energy company Eni, makes specialty chemicals and commodity polymers. Total Petrochemicals also  ...

(AFX UK Focus) 2010-07-01 01:56 BRIEF-CKE Restaurants says stockholders approve merger

June 30 (Reuters) - The U.S. House of Representatives approved on Wednesday a wide-ranging rework of financial rules, but final Senate action will not happen until mid-July at the earliest. The sweeping package has slowly narrowed over more than a year of debate, with some proposals slipping from view. Some changes that looked achievable at the height of the 2007-2009 financial cri ...

By Ed Monk30 June 2010, 3:58pm Lloyds Banking Group today announced further moves to slash costs that will affect around 1,850 workers and threaten hundreds more jobs across the UK. Lloyds: further cuts to jobs WANT TO KNOW MORE? Overdraft fees hiked at Lloyds Tax blow for bailed out RBS and Lloyds FTSE LATEST 4916.872.65 document.write(""); document.write(""); document.write(""); The part-nationalised bank is to close an insurance office in Nottingham and  ...

DEAL REPRESENTS 41 PERCENT PREMIUM * Boeing to fund transaction with existing cash * Deal likely to close by end of Q3, 2010 * Argon ST shares rise 40 pct in pre-market trade (Adds details, CEO quote) June 30 (Reuters) - Boeing Co agreed to acquire defense manufacturer Argon ST Inc for about $775 million, as the plane maker looks to expand in areas that have been  ...

DEAL REPRESENTS 41 PERCENT PREMIUM * Boeing to fund the transaction with existing cash * Deal likely to close by end of Q3, 2010 June 30 (Reuters) - Boeing Co said it agreed to acquire defense manufacturer Argon ST Inc for about $775 million to expand its surveillance and intelligence offerings. Boeing's offer of $34.50 a share represents a 41 percent premium to Ar ...

WELLINGTON, July 1 (Reuters) - SBS Bank, New Zealand's smallest retail bank, is planning a merger with a regional savings group to expand its customer and financial base, the two companies said on Thursday. SBS, with assets of around NZ$2.6 billion ($1.8 billion), said it had agreed a merger with HBS, a building society in the Hawke's Bay region on the east coast of the North Island with a ...

By Elliot Wilson30 June 2010, 8:34am Investors must feel these days that they have been blindfolded and placed in a room full of hidden trapdoors. Dangerous times: Global shares fell. WANT TO KNOW MORE? FTSE close: Market closes below 5000 Shares rocked by consumer confidence fall FTSE LATEST 4935.1620.94 document.write(""); document.write(""); document.write(""); £12.50 SHARE DEALING • Buy and sell shares online or by phone for £12.50 (£ ...

By Adrian Lowery30 June 2010, 9:58am Rises for heavyweight stocks arrested the Footsie's recent plunge today. WANT TO KNOW MORE? The rip-off funds that can't beat trackers Newspaper and magazine share tips Why I'm investing in gold (and how) FTSE LATEST 4933.5219.30 document.write(""); document.write(""); document.write(""); £12.50 SHARE DEALING • Buy and sell shares online or by phone for £12.50 (£20 for certificates) TALK ABOUT SHARES  ...