Financial News

U.S. stock futures are pointing to a higher open Monday as investors mulled a Nokia-Siemens tie-up of their phone-equipment arms, with broker upgrades for Dow components Intel Corp. and Procter & Gamble Co. also boosting positive sentiment. Dow futures were up 27 points at 11,115, Nasdaq 100 futures rose 7.75 points to 1,583.25 while S&P 500 futures gained 4.70 points to 1,264.80. "T ...

Asian markets were mostly lower on Monday afternoon, as buying momentum slowed in Tokyo and an increase in the deposit reserve requirement for mainland Chinese banks weighed on shares around the region. Japanese indexes dithered within a narrow trading range for most of the day. The benchmark Nikkei 225slipped 18.99 points, or 0.13%, to 14,860.35. The Topix index of Tokyo-listed shares lost 7.0 ...

Nick Goodway, Evening Standard19 June 2006 LLOYDS TSB, the BritishHigh Street bank seen as vulnerable to takeover, today said it will eliminate its £2bn pension fund black hole over the next 10 years. OTHER STORIES Nokia and Siemens hook up CBI downplays inflation threat Market report: Monday preview World Cup bookies on target Brambles in record Cleanaway sale THE EDIT ...

LONDON (Reuters) - A consortium thought to be led by Hong Kong investor Cheung Kong Infrastructure Holdings (1038.HK: Quote, Profile, Research) is considering joining a bid tussle for Associated British Ports (ABP.L: Quote, Profile, Research) , The Business newspaper said on Sunday. The paper said an Asian consortium had hired investment bank Rothschild to put together an offer for AB Ports, whi ...

Lucinda Kemeny and Lauren Mills, Financial Mail18 June 2006 THREE potential bidders are circling the £800m De Vere hotels group, owner of London's Cavendish Hotel and operator of The Belfry golf course, the West Midlands venue of the Ryder Cup. OTHER STORIES Predator weighs up ITV BAE fury over Airbus sale Market Report: Friday close Macquarie set to spark bids battle for ABP C ...

Lucinda Kemeny, Financial Mail18 June 2006 A £7BN auction for Thames Water looks increasingly unlikely following a decision by Australian infrastructure giant Babcock & Brown to walk away from the bidding. OTHER STORIES Predator weighs up ITV BAE fury over Airbus sale Market Report: Friday close Macquarie set to spark bids battle for ABP Chairman quits troubled Benjys  ...

Tom McGhie and Andrew Leach, Financial Mail18 June 2006 AUSTRALIAN bank Macquarie could table a bid for Associated British Ports as early as next week after spending the next few days studying the books. OTHER STORIES Predator weighs up ITV BAE fury over Airbus sale Market Report: Friday close Chairman quits troubled Benjys Thames Water auction in doubt THE EDITOR'S PICKS TO ...