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BA may slash £2.3bn bid for Spanish rival
11 Nov 2007 source: thisismoney.co.uk

Ben Marlow and Tom McGhie, Mail on Sunday11 November 2007, 2:47pm Chat | Vote | Guide | Calculate British Airways and American private equity firm TPG have secured funding for their joint £2.3bn bid for Spanish airline Iberia, which is now expected in the next fortnight. WANT TO KNOW MORE? MARKET DATA: British Airways share price BA cuts deliver record summer Credit crunch thro ...


WALL STREET OUTLOOK Lower open seen as fresh writedown at Citi fuels credit woes ...
5 Nov 2007 source: iii.co.uk

LONDON (Thomson Financial) - Wall Street is looking at a sharply lower open on concern over the health of the financial sector after Citigroup said it will have to write off an additional 8 bln to 11 bln usd because of its US subprime exposure. According to spread bettors IG Index, the Dow Jones Industrial Average is expected to open down 94 points at 13,501. Separately, S&P 500 futures we ...


Euroshares down midday, Wall St headed for sharply lower open, financials weigh ...
5 Nov 2007 source: iii.co.uk

LONDON (Thomson Financial) - Europe's leading exchanges were down in midday trading with the financial sector weighing on sentiment here and overseas, where US futures point to a sharply lower open on Wall Street after news that Citigroup will have to write off an additional 8-11 bln usd in subprime-related losses. At 12.02 pm, the Dow Jones STOXX was trading 31.38 points, or 0.83 pct, lower at 3 ...


London shares extend falls midday; Dow set for sharp fall amid credit woes ...
5 Nov 2007 source: iii.co.uk

LONDON (Thomson Financial) - Leading shares extended losses midday ahead of an expected lower opening to Wall Street as sub-prime contagion fears continue to unnerve investors. By midday, the FTSE 100 index was down 92.7 points at 6,437.9, with the broader FTSE 250 down 157.7 points at 11,285.5. Volume was below average, with 876 mln shares having changed hands in 238,028 deals. Looking ahead t ...


Sainsbury shares crash as Qataris pull out
5 Nov 2007 source: thisismoney.co.uk

Hugo Duncan, Evening Standard5 November 2007, 11:02am The Qatar Investment Authority today walked away from its £10.6bn takeover bid for J Sainsbury, sending shares in the supermarkets giant plummeting. WANT TO KNOW MORE? Blunders could kill off Sainsbury bid Sainsbury glitch points to Qatar rift DATA: Sainsbury share price OTHER STORIES Market report: Monday latest Sunday newspaper share tips UK can ride out bank crisis - Darling FTSE firms may face new p ...


London shares open lower, Sainsbury drops after Delta Two pulls bid UPDATE ...
5 Nov 2007 source: iii.co.uk

(updating with further details) LONDON (Thomson Financial) - Leading shares opened lower amid caution ahead of the key UK interest rate decision on Thursday and as investors remain jittery about the state of the credit markets, with Sainsbury slumping after Delta Two pulled out of takeover talks. At 8.57 am, the FTSE 100 index was down 40 points at 6490.6, having closed last week 55.5 points low ...


Australian shares close sharply lower as US subprime concerns resurface - UPDATE ...
5 Nov 2007 source: iii.co.uk

SYDNEY (Thomson Financial) - Australian shares closed sharply lower Monday as investors took fright about larger-than-expected losses by key US investments banks due to the subprime mortgage crisis. Investors also took to the sidelines ahead of an expected interest rate rise in Australia on Wednesday. "Nobody wanted to buy while there's all this bad news about - why would you buy today or e ...


Australian shares lower on concern about US financial sector
5 Nov 2007 source: iii.co.uk

SYDNEY (Thomson Financial) - Australian shares were lower in early trade Monday as investors remained cautious about the possibility of further trouble in the US financial sector after the Wall Street Journal reported that Citigroup chief executive Charles Prince is resigning. At 11.15 am (0015 GMT) the S&P/ASX 200 was down 71.6 points or 1.1 percent at 6,620.7 while the All Ordinaries index  ...

 

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