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Brian O'Connor, Daily Mail24 March 2006 IT IS a shame to have a hangover without having had a party first. But the market was in such subdued mood that anyone might think Budget night had seen wild celebrations. OTHER STORIES Market report: Friday preview Hedge funds for all? New on the market Greed drives a frenzy for 'risky' funds Smaller companies report: Thursday close TH ...

Nick Goodway, Evening Standard24 March 2006 TWO major credit rating agencies last night put ITV's debt under the spotlight, saying they expected to reduce its status to as low as junk following this week's £7 billion approach from a consortium of private equity firms. X FACTOR: Simon Cowell's show has been a hit but many others have flopped WANT TO KNOW MORE? READER SERVICE: Share dealing ADVICE & TIPS: Investing DEAL FINDER: Find cheap credit cards OTHER S ...

By Marius Bosch JOHANNESBURG (Reuters) - AngloGold Ashanti, the world's third biggest gold miner, said on Friday its majority owner, Anglo American, will reduce its stake to 42.6 percent in a combined sale of 27.9 million shares. AngloGold Ashanti said Anglo (AAL.L: Quote, Profile, Research) will place 17.6 million shares while the gold miner at the same time will also place a further 10.3 mill ...

LONDON (Reuters) - Compass Group, the world's biggest caterer, said on Friday it had appointed Richard Cousins, former boss of plasterboard maker BPB, as new chief executive to succeed Michael Bailey on June 1. Cousins, who will join the Compass (CPG.L: Quote, Profile, Research) board in May, had engineered a number of BPB's restructuring programmes and acquisitions, cutting costs by some 100 mi ...

LONDON (Reuters) - Shares in Tesco rallied in early Friday trading on a newspaper report that Britain's biggest retailer might place its 12-billion-pound property portfolio into a real estate investment trust. "We've got people looking at whether it's a good idea," the Daily Telegraph quoted Tesco Finance Director Andrew Higginson as saying. The move would allow Tesco (TSCO.L: Quote, Profile, Research) to place its property into a separately quoted vehicle and use the money raised from sellin ...

By Marius Bosch JOHANNESBURG (Reuters) - AngloGold Ashanti, the world's third biggest gold miner, said on Friday its majority owner, Anglo American, will reduce its stake to 42.6 percent in a combined sale of 27.9 million shares. AngloGold Ashanti said Anglo will place 17.6 million shares while the gold miner at the same time will also place a further 10.3 million new shares to raise around $500 million (288 million pounds) to be used to cut debt and short-term borrowings, project development, ...

LONDON (Reuters) - Compass Group (CPG.L: Quote, Profile, Research) , the world's biggest caterer, said on Friday it had appointed Richard Cousins, former boss of plasterboard maker BPB, as new chief executive to succeed Michael Bailey on June 1. Cousins, who will join the Compass board in May, had engineered a number of BPB's restructuring programmes and acquisitions, cutting costs by some 100 million pounds and helping the group become the world's biggest plasterboard maker. Cousins, 46, will ...

TOKYO (Reuters) - The Nikkei share average rose 0.43 percent on Friday as energy stocks gained on high oil prices and as property stocks rose after a survey showing a pickup in land prices, but falls in technology stocks limited gains. A newspaper report that Nikko Cordial Corp. (8603.T: Quote, Profile, Research) was seeking a controlling stake in Tokyo Star Bank Ltd. (8384.T: Quote, Profile, Re ...

Liz Phillips, Daily Mail24 March 2006 INVESTORS are risking their savings by indulging in a dangerous buying frenzy for fashionable funds. OTHER STORIES Market report: Thursday close Hedge funds for all? New on the market Smaller companies report: Thursday close FTSE tops 6,000 for fist time in 5 years THE EDITOR'S CHOICE TOP STORY: 5 insurance stings TOP BLOG: 'ATMs that charge' BEST OF THE BOARDS: PayPal hell At the end of last week the FTSE 100 index of the biggest ...

SAN FRANCISCO (Dow Jones) -- Google Inc. just formally joined the blue-chip stock society. Shares of Google (GOOG) leaped 8.1% in Thursday's evening trading session after Standard & Poor's said it would add the company to its benchmark S&P 500 Index. Google, already the Internet's most closely followed stock, will be added to the index as of the close of trading on March 31, Standard & ...