Financial News

As usual, at the end of last year the Yorkshire Post business team tipped the stocks they thought would shine in 2006. And, as usual, the results were a mixed bag.Beating the market easily were City Editor Eric Barkas and Business Editor David Parkin, whose tips of InTechnology and Biofusion climbed 37 per cent and 36 per cent respectively. Deputy City Editor Ros Snowdon also scored a hit with Kel ...

This is Money30 December 2006 Investors cashed in on the busiest year for takeover activity since the tech boom during 2006, helping the FTSE 100 Index to rise by 10% over the year. Here are some of the highlights from a rollercoaster few months. LAKSHMI MITTAL: The British-based steel tycoon clashed with rival Arcelor in January WANT TO KNOW MORE? Top 2007 picks and predictions The great 2006 City quiz Footsie boom or bust for 2007? OTHER STORIES Shares pip property  ...

DALLAS (AFX) - AT&T Inc. completed its $86 billion buyout of BellSouth Corp., the largest telecommunications takeover in U.S. history, shortly after the Federal Communications Commission unanimously approved the deal on Friday. The FCC action came one day after the company offered new concessions for consumers and competitors. Lawyers for AT&T and the two Democratic commissioners who had ...

DALLAS (AFX) - AT&T Inc. completed its $86 billion buyout of BellSouth Corp., the largest telecommunications takeover in U.S. history, shortly after the Federal Communications Commission unanimously approved the deal on Friday. The FCC action came one day after the company offered new concessions for consumers and competitors. Lawyers for AT&T and the two Democratic commissioners who  ...

Evening Standard29 December 2006 Bosses at beleaguered PartyGaming hit the £40m jackpot today after the online gambling group tore up its management incentive schemes, put in new cash bonus arrangements and granted them tens of millions of new free share options. WANT TO KNOW MORE? REPORT: PartyGaming set to win Empire REPORT: Online gambling regulation plan FTSE: Risers and faller ...

LONDON (AFX) - US blue chips look set for an easier start to the last trading session of 2006 as investors square positions ahead of the long New Year holiday weekend which looks to be extended to Tuesday as well for the funeral of President Gerald Ford, dealers said. Nasdaq has already confirmed that it will close on Tuesday to honour the former President, with the NYSE expected to announce that ...

WASHINGTON (AFX) - AT&T Inc. has offered a new set of concessions that are expected to satisfy the two Democrats on the Federal Communications Commission and lead to approval of the company's $85 billion buyout of BellSouth Corp. Approval by the full commission could happen as soon as Friday. AT&T filed a letter of commitment with the agency Thursday night that adds a number of new condi ...

Geoff Foster29 December 2006 Merger mania swept through Europe like a whirlwind in 2006 and with Wall Street and commodity prices soaring to record levels, the fabulous Footsie rocketed to near six-year highs. WINNER: Northacre's Thistle Hotel development in Lancaster Gate WANT TO KNOW MORE? MORE: A record year for the Footsie? DATA: Latest prices REPORT: Is merger mania over? OTHER STORIES Little Chef on brink as bid fails Market report: Friday latest Market repo ...

(Adds detail) LONDON (AFX) - PartyGaming PLC has expanded its online casino and poker operations with the acquisition of websites run by two smaller rivals, Empire Online Ltd and Intercontinental Online Gaming Ltd. The online poker operator said it will pay for the businesses with the issue of 115.2 mln new shares. Based on Partygaming's share price over the 15 days, the stock represents a total ...

BREAKING up is so very hard to do. Especially if you've built a company and seen it grow.But you can make it easy on yourself if your successor is up to the job.As the year turns, this writer is sad and lonely enough to spend time leafing through his 2006 diary. And the thing that jumps out is the number of plcs where top management has handed over the reins.I counted almost 20 – either Yorkshire- ...