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UPDATE 1-Cadbury fires final defence amid Hershey bid doubts
14 Jan 2010 source: iii.co.uk

By David Jones LONDON, Jan 14 (Reuters) - Cadbury fired the final salvo in its defence on Thursday, branding Kraft Foods' bid as more unattractive than a month ago, as Cadbury shares rose on hopes of a rival bid from Hershey. But as Cadbury's Chairman Roger Carr attacked Kraft's bid and its past performance, analysts remained doubtful over how the much-smaller Hershey could finance an offer for  ...


Glance-FTSE up 0.7 pct; miners rally, Rio Tinto supports
14 Jan 2010 source: iii.co.uk

By David Brett LONDON, Jan 14 (Reuters) - Britain's leading share index gained 0.7 percent on Thursday as robust output numbers from Rio Tinto buoyed mining stocks, while banks and oils were stronger as investors bought on the dips following two days of weakness. At 0920 GMT the FTSE 100 was up 38.29 points at 5,511.77, bucking a two-session losing streak, after China's decision to tighten banks ...


Glance-FTSE up 0.7 pct; miners rally, Rio Tinto supports
14 Jan 2010 source: iii.co.uk

By David Brett LONDON, Jan 14 (Reuters) - Britain's leading share index gained 0.7 percent on Thursday as robust output numbers from Rio Tinto buoyed mining stocks, while banks and oils were stronger as investors bought on the dips following two days of weakness. At 0920 GMT the FTSE 100 was up 38.29 points at 5,511.77, bucking a two-session losing streak, after China's decision to tighten banks ...


POSCO says Daewoo Int'l top pick for M&A
14 Jan 2010 source: iii.co.uk

SEOUL, Jan 14 (Reuters) - POSCO sees Daewoo International at the top of its list of potential takeover targets, its CEO said on Thursday. "We're most interested in taking over Daewoo International given the expected synergy effect compared with Daewoo Shipbuilding and Daewoo Engineering & Construction ," POSCO Chief Executive Chung Joon-yang told a forum held at the stock exch ...


UPDATE 1-Irish Life nears 200 mln euro capital deal-source
14 Jan 2010 source: iii.co.uk

DUBLIN, Jan 14 (Reuters) - Bancassurer Irish Life & Permanent is close to completing a securitisation deal that will unlock 200 million euros ($291 million) of capital, an industry source said on Thursday. A spokesman for Irish Life, which said last year it had received strong expressions of interest for a planned securitisation of part of its life in-force business, declined to commen ...


UPDATE 1-Possible Galleon witness could help widen case-WSJ
13 Jan 2010 source: iii.co.uk

NEW YORK, Jan 13 (Reuters) - A hedge-fund manager referred to as "Tipper X" in the Galleon Group insider-trading case could lead prosecutors to widen the probe to hedge funds that had not been previously implicated, the Wall Street Journal said on Wednesday, citing people familiar with the case. "Tipper X" was identified as Thomas Hardin, a former trader at Lanexa Globa ...


Enia key shareholder on Iride merger
13 Jan 2010 source: iii.co.uk

MILAN, Jan 13 (Reuters) - Core shareholders of Italian regional utility Enia have agreed to forego demands for an extraordinary dividend, paving the way for the merger with utility Iride to finally become operative, an Enia key shareholder said on Wednesday. (Milan Newsroom +390266129507) more info click on COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved. The copying, republicati ...


FTSE in-depth: House prices on a roll after crash
13 Jan 2010 source: thisismoney.co.uk

Geoff Foster, Daily Mail13 January 2010, 8:07am We all feel good if the value of the house we own increases. Thank goodness, then, that despite several forecasts of a housing crash, prices have proved resilient. Geoff Foster: The Footsie's foundations showed signs of crumbling WANT TO KNOW MORE? Newspaper and magazine share tips OTHER STORIES How to save safely with banks and building societies How we're still paying for banks' collapse How are your savings prote ...


FTSE 100 preview: Rise despite China fears
13 Jan 2010 source: thisismoney.co.uk

Reuters13 January 2010, 7:47am The FTSE 100 is seen opening up slightly on Wednesday, recovering a little after a sell-off the previous session on concerns that China's move to tighten banks' reserve requirements may slow global economic recovery. Updates: Latest news from the stock exchange. OTHER STORIES How to save safely with banks and building societies How we're still paying for banks' collapse How are your savings protected? Billions taken out of building soc ...


Alcon CEO to recuse himself from takeover decision
12 Jan 2010 source: iii.co.uk

(AFX UK Focus) 2010-01-12 21:30 Alcon CEO to recuse himself from takeover decision


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