Apple's disappointing update this week sent shares in most of its suppliers tumbling, but smartphone parts maker Laird got City approval after its strategy update yesterday.
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Sunday 02 June 2013
Saturday 01 June 2013
Water, gas and electricity can power your investment
Friday 31 May 2013
Outlook The City's mouth is watering. A takeover bid for Severn Trent from a consortium of pension funds and a sovereign wealth pot is stimulating juices in the Square Mile. Large fees for investment banks and, naturally, profits for speculators are in prospect if the £5bn-odd approach to buy the water company, which unveiled its full-year results yesterday, is successful. The other two other listed water utilities could also soon be in play too, slather the bulls.
Thursday 30 May 2013
Severn Trent, the water giant which this month rejected a Canadian and Kuwaiti takeover approach, today told investors it’s worth almost £8 billion — nearly £1 billion more than the price thought to have been offered by the foreign bidders.
Sunday 26 May 2013
‘Clever Facebook’ project which hopes to entice foreign students here gets a thumbs-up
Sunday 26 May 2013
Thursday 23 May 2013
United Utilities, the country’s biggest listed water company, showed today just why there is so much takeover interest in the sector with an 8.7 per cent jump in pre-tax profit to £304.7 million.
Wednesday 15 May 2013
Severn Trent today rejected a takeover approach worth up to £5 billion from a consortium of foreign investors, saying it “completely fails to recognise the existing and potential value” of the FTSE 100 water supplier. However, the City predicted another bid would emerge.
Thursday 02 May 2013
Traders have spent this year trying to flush out takeover deals for water groups including Pennon and United Utilities. But yesterday experts at HSBC washed out any hope of M&A, blaming regulatory uncertainty as the cause.
Thursday 18 April 2013
Drop in profits for Falklands
Monday 15 April 2013
Getting on the wrong side of your regulator is a bad idea. Particularly in financial services
Wednesday 10 April 2013
The starting gun was fired today on the race for one of the biggest jobs in the UK water industry.
Saturday 23 March 2013
In a few weeks time we will know if the UK has entered a dreaded triple-dip recession. So wouldn't it be good if you could assemble a portfolio of shares that could weather an economic downturn?
Thursday 29 November 2012
More Comet stores to close
Tuesday 27 November 2012
The cold, wet summer meant no need for extra watering on farms or gardens, sending Severn Trent’s water consumption down nearly 3% in the six months to October.
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