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FTSE hits new 5-year high
27 Mar 2006 source: today.reuters.co.uk

LONDON (Reuters) - The FTSE 100 index touched a fresh 5-year high on Monday led by firm miners, while mid-cap shares hit all-time highs on a new round of bid activity and speculation. Associated British Ports (ABP.L: Quote, Profile, Research) was the top mid-cap gainer, rising 5.6 percent to 734 pence after a newspaper reported a consortium was close to putting forward a bid worth 740p per share which would value the firm at 2.3 billion pounds. Goldman Sachs later said it and Canada's Boreali ...


Real estate and chips boost Tokyo shares
27 Mar 2006 source: ft.com

Rises in real estate and chip-related stocks pushed up the Japanese market on Monday. // The Nikkei 225 closed 0.5 per cent higher at 16,650.10. The Topix was up 0.3 per cent to 1,693.84. Real estate continued Friday’s gains, rising another 1.1 per cent in the wake of last week’s national survey of land prices. Mitsui Fudosan, Japan’s biggest property company, was up 1 per cent to Y2,605. Mits ...


MKM builds for future via 3i's £2m
27 Mar 2006 source: yorkshiretoday.co.uk

ExclusiveDavid ParkinBusiness EditorMKM Building Supplies, one of the largest privately-owned companies in East Yorkshire with a turnover of £82m, is to double in size following a £21m investment by venture capital firm 3i.The deal will see Hull-based MKM, currently the fifth largest independent builders' merchant in Britain, launch plans to increase its number of depots from 19 to 40 over the nex ...


ASIA MARKETS: Niikkei Up Sharply On Real Estate And Industrials ...
27 Mar 2006 source: morningstar.com

HONG KONG (Dow Jones) -- Asian shares opened broadly higher Monday, with technology and real estate shares gaining at the start of a busy week that will be marked by a heavy schedule of economic data. In Tokyo, the Nikkei 225 Average gained 102.89 points, or as much as 0.62%, to 16,663.76. The broader Topix index gained as much as 2.87 points to 1,692.21. A business sentiment survey released ...


Google may find the S&P effect to be temporary
26 Mar 2006 source: ft.com

Google’s addition to the S&P 500 index last week suggests that there are few more reliable ways for a company to boost its stock price than by joining the blue-chip index. However, for most companies, it seems that the share price reaction is nowhere near as sharp as it used to be. // Shares in Google jumped almost 7 per cent on Friday after S&P said the internet search giant would replace Burlington Resources in the index. Efforts by Wall Street to second-guess which company will join ...


IKEA billionaire founder proud to be frugal at 8|
26 Mar 2006 source: today.reuters.co.uk

By Stephanie Nebehay GENEVA (Reuters) - IKEA founder Ingvar Kamprad, ranked 4th richest man in the world, drives a 15-year-old car and always flies economy class, in part to inspire his 90,000 employees worldwide to see the virtue of frugality. The billionaire Swede, who turns 80 on March 30, explained his legendary habits during a rare television interview in Switzerland, his adoptive home for  ...


Fuel bills could rise by another £2__
26 Mar 2006 source: thisismoney.co.uk

Tom McGhie, Mail on Sunday26 March 2006 ENERGY regulator Ofgem has warned suppliers in a confidential briefing that energy prices could go up by more than 20% next year. WANT TO KNOW MORE? SWITCH & SAVE: Energy bills OTHER STORIES Dyke to raise ITV bid Market report: Friday close London Stock Exchange eyes Sweden Cruel threats from tyrant in luxury tower Abysmal phone firms  ...


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