Market Report: Weather threatens to rain on Kingfisher's update
Wednesday 02 May 2012
It is always easy to blame the weather. While most stocks on the Footsie were heating up yesterday, Kingfisher ended up looking rather soggy amid warnings that the recent downpours may result in the retailer's trading update at the end of the month turning out to be a bit of a damp squib.
Market Report: FirstGroup stuck in reverse with margins set to nosedive
Tuesday 03 April 2012
The shares of the bus company go down, down, down. FirstGroup remained stuck in reverse gear yesterday, as those at the wheel of the transport firm came under fire following last week's admission that margins at its UK bus unit would drop by more than a third this year.
Shell chief's pay package more than doubles but the dividend stays flat
Friday 16 March 2012
Peter Voser, the chief executive of Royal Dutch Shell, saw his total pay packet more than double in 2011, a year when shareholders in the oil supermajor had to make do with flat dividend payouts.
RBS and Goodwin sued for £2.4bn by angry investors
Monday 12 March 2012
Royal Bank of Scotland and former directors including former chief executive Fred Goodwin and former chairman Sir Tom McKillop have been hit with a £2.4bn legal claim from angry investors in the taxpayer bailed-out bank.
RBS and Goodwin sued for £2.4bn by angry investors
Monday 12 March 2012
Shareholders claim the bailed-out bank's former bosses misled them over a rights issue in 2008
Market Report: Imperial Tobacco shares light up on takeover talk
Friday 17 February 2012
There's no stubbing out the takeover talk around Imperial Tobacco at the moment. The cigarette manufacturer, whose brands include Lambert & Butler, set a new, all-time high last night, after its share price once again lit up on suggestions its days of independence might be numbered.
Market Report: Next best thing as fashion grows for clothes retailers
Saturday 11 February 2012
Optimism that conditions might be easing for clothing retailers persuaded investors to stock up on Next yesterday, despite claims the level of service on the high street is waning.
Credit Suisse bankers suffer the biggest cut after lossesin bonuses
Friday 10 February 2012
Bankers at Credit Suisse are set to take the biggest cut in bonuses so far in the 2011 bank reporting season. Across the group, which employs thousands in its Canary Wharf offices in London, the average bonus cut is 41 per cent. The 15 executive directors will take a 57 per cent cut.
Bonuses slashed as Credit Suisse slides into the red
Friday 10 February 2012
Bankers at Credit Suisse are set to take the biggest cut in bonuses so far in the 2011 bank reporting season.
Morrisons expects tough year after flat festive season
Tuesday 10 January 2012
Morrisons laid bare the extent of subdued trading in the grocery sector yesterday, unveiling festive sales growth below expectations as it warned of another "tough year" ahead. The supermarket boasted of "outperforming" the sector as recently as November, but yesterday said that sales growth was only "in line with the market".
Mystery of Germany's 13bn missing Deutsche Marks
Monday 02 January 2012
German mistrust of the euro was graphically illustrated by new figures published yesterday which revealed that over 13 billion worth of Deutsche Marks were still unaccounted for a decade after the introduction of the single currency
Yell pays banks £17m in fees deal to ease its debt burden
Tuesday 20 December 2011
The troubled Yellow Pages publisher Yell has won a crucial breathing space after lenders agreed to relax rules on its £2.6bn debt load.








