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PANMURE GORDON
Oil jumps about 2% on Middle East supply fearsOil prices rose on Thursday on investor concern that a widening Middle East conflict could disrupt crude oil flows from the region, though ...- Oil prices drop over 2% to $70/bbl as prospects of additional supply offset Mideast fearsA panel of top ministers from the OPEC+ producer group meets on Oct. 2 to review the market, with no policy changes expected. OPEC+, compri...
- Amazon adds Grubhub food delivery to its website, app in the USAmazon already offers no-fee access to Grubhub, to U.S. Prime members. As part of the agreement, Amazon Prime members will continue to be e...
- Yuan cross trade with US dollar a key metric to look at: Simon French, Panmure GordonSimon French, Panmure Gordon, says current cross trade between the US dollar and the Chinese Yuan may not be in the best interest of the Ch...
- No reason why Indian stock market has not got little bit more juice: David Buik, Panmure GordonThe new government in India has been a tremendous fillip to the country because it is not fragmented.
- WPP’s sales growth exceeds that of Publicis, stock hit 13-year highWPP’s revenue excluding currency fluctuations and acquisitions grew 5%. Numis Securities had projected 3.4% growth.
- DeLaRue to cut jobs post RBI deal lossThe expected loss of major contract with RBI has forced DeLaRue to cut jobs, merge divisions and shake up supply chain in a bid to return t...
- GlaxoSmithKline reports Q2 loss on legal costsGlaxoSmithKline, the world's second-largest pharmaceutical company by revenue, on Wednesday reported a loss of 304 million pounds ($464 mil...
- Reckitt to buy SSL for $3.8 billionConsumer goods group Reckitt Benckiser is to buy Durex condoms and Scholl sandals maker SSL for an agreed 2.5 billion pounds ($3.8 billion)...
- Prudential offers rights issue to raise $21 bnThe announcement had been expected last week but Prudential was delayed by questions raised by the Financial Services Authority, the UK fin...
- Kraft offers EU ‘remedies’ for Cadbury dealKraft Foods offered European Union regulators remedies to resolve antitrust issues in its proposed £10.1-billion bid for UK confectioner Ca...
- Prudential 3Q group sales up 10 pcPrudential PLC, Britain's largest life insurer, said Wednesday that third quarter retail sales grew 10 per cent to 699 million pounds.
- Cadbury revenue up, raising bar for Kraft takeoverBritish chocolate and gum maker Cadbury PLC on Wednesday upgraded its outlook as it reported a 7 percent rise in third-quarter revenue _ pr...
- Cadbury may get $21 bn if Nestle, Hershey trump KraftCadbury, the confectioner that rejected Kraft Foods’ bid on Monday, may attract suitors ranging from Nestle to Hershey and sell for as much...
- British Airways suffers record full-year lossBritish Airways on Friday reported its biggest full-year loss since the former national airline was privatized in 1987, mainly due to soari...
- Cadbury net profit drops by 38%Cadbury, the British maker of confectionery, said on Wednesday that net profit fell 38 percent to 113 million pounds (143 million euros, 22...
- British Air plans all-share merger with Spain’s IberiaBritish Airways, Europe’s third-largest carrier, started talks to merge with Spain’s Iberia Lineas Aereas de Espana to lower expenses as sl...
- Car dealer Pendragon sees results at top end of rangeBritish car dealer Pendragon Plc expects results this year at the upper end of forecasts amid signs of improvement in its tough markets, it...
- Barclays may have significant risks from loansBarclays, the UK bank vying to buy ABN Amro Holding, may have ‘significant’ risks from loans to hedge funds and private equity firms, said ...
- ABN, Barclays may join handsThe merger of British bank Barclays with Dutch ABN Amro will create the world's fifth-biggest bank.
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