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City news in brief: Moneysupermarket, Morgan Sindall, Avgol
23 Apr 2008 source: thisismoney.co.uk

22 April 2008, 2:46pm A round-up of the city news in brief from the Evening Standard, including Moneysupermarket, Morgan Sindall, Avgol, FKI and the Bank of England WANT TO KNOW MORE? City news in brief: Eurofighter, SocGen City news in brief: New Star, Chrysalis, Burberry Moneysupermarket gets dual crunch lift OTHER STORIES RBS launches record £12bn rights issue Market report: Tuesday close Yesterday’s trading: Four pubs a day face last orders Mervyn  ...


WSJ's top man is poised to quit
23 Apr 2008 source: thisismoney.co.uk

Bill Condie, Evening Standard22 April 2008, 12:27pm The managing editor of the Wall Street Journal is set to resign after just over a year in the job. Marcus Brauchli: Poised to leave the Wall Street Journal WANT TO KNOW MORE? New York Times ends online charges WSJ's past errors gave Murdoch prize Dow surrender to Murdoch sparks anger OTHER STORIES RBS launches record £12bn rights issue Market report: Tuesday close Yesterday’s trading: Four pubs a day f ...


BHP Billiton Q3 output mixed as iron ore and petroleum shine, coal disappoints ...
23 Apr 2008 source: iii.co.uk

SYDNEY (Thomson Financial) - BHP Billiton, the world's largest diversified resources group, released on Wednesday a mixed production report for the third quarter of its June fiscal year as it continues to pursue its hostile takeover offer for the world's third largest miner Rio Tinto. The key disappointment was a sharp fall in coking coal output from the group's mines in the northeast Australian  ...


EBay claims Craigslist unfairly diluted eBay's stake in it
23 Apr 2008 source: iii.co.uk

SAN JOSE, Calif. (AP) - In a move that pits two of the Internet's most popular sites against each other, EBay Inc. sued Craigslist on Tuesday, alleging the classifieds company unfairly tried to dilute the online auctioneer's stake in it. EBay purchased a 28 percent stake in privately held Craigslist in 2004. But in January, eBay says, Craigslist's board, consisting of founder Craig Newmark and C ...


EBay claims Craigslist unfairly diluted eBay's stake in it
23 Apr 2008 source: iii.co.uk

SAN JOSE, Calif. (AP) - In a move that pits two of the Internet's most popular sites against each other, EBay Inc. sued Craigslist on Tuesday, alleging the classifieds company unfairly tried to dilute the online auctioneer's stake in it. EBay purchased a 28 percent stake in privately held Craigslist in 2004. But in January, eBay says, Craigslist's board, consisting of founder Craig Newmark and C ...


Craigslist fires back, says eBay lawsuit smells fishy
23 Apr 2008 source: iii.co.uk

SAN JOSE, Calif. (AP) - Craigslist is firing back at its rival and minority owner eBay, scolding the online auctioneer's actions as unethical and smelling of a hostile takeover. In a move that pits two of the Internet's most popular sites against each other, EBay Inc. sued the online classifieds company Tuesday, alleging it unfairly tried to dilute eBay's stake in it. EBay purchased a 28 percent ...


Euroshares mixed midday, Wall St seen lower, mixed earnings, TomTom rallies ...
22 Apr 2008 source: iii.co.uk

(updating with full report) LONDON (Thomson Financial) - Europe's leading exchanges were mixed in midday trading, as investors mull over a mixed bag of earnings results and with U.S. futures pointing to a lower open. Meanwhile, TomTom and Tele Atlas continued to rally on reports the EU is to approve the acquisition by TomTom unconditionally. At 12:13 p.m., the DJ STOXX 50 was up 0.77 points or  ...


Japan's Nomura fires employee suspected of insider trading - UPDATE ...
22 Apr 2008 source: iii.co.uk

TOKYO (Thomson Financial) - Japan's top brokerage firm Nomura said Tuesday it has fired an employee who is being investigated by the country's financial watchdog for alleged insider trading. The government vowed a stern response over the case, which reportedly involves a 30-year-old employee at Nomura Securities Co. who is suspected of leaking confidential merger and acquisition information to tw ...


RBS unveils rights issue after fresh hit
22 Apr 2008 source: today.reuters.co.uk

By Steve Slater and Clara Ferreira-Marques LONDON (Reuters) - Royal Bank of Scotland (RBS.L: Quote, Profile, Research) unveiled a record 12 billion pound ($24 billion) rights issue to cover a potential 5.9 billion pound writedown on the value of toxic assets and help rebuild a stretched balance sheet. Britain's second biggest bank said on Tuesday it also expects disposals to generate ...


Australian shares outlook - Lower on profit-taking after strong gains ...
22 Apr 2008 source: iii.co.uk

SYDNEY (Thomson Financial) - Australian shares are expected to open lower on Tuesday as investors lock in profits after strong gains yesterday led by the banks, as confidence grew that the worst of the global credit crunch was over. This view is likely to be wound back today following a mixed performance on Wall Street on Monday, including falls in the financial sector. Bank of America's share pr ...

 

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