A&L rises after hiring Ulster Bank chairman to see it through turmoil - Independent

Alliance & Leicester shares buoyed by new chairman Telegraph.co.uk, United Kingdom - 1 hour ago By Katherine Griffiths Alliance & Leicester shares rebounded yesterday after the bank confirmed it had poached Alan Gillespie from Ulster Bank as its new ...

Banks: B&B shares rise - but not above cash call price guardian.co.uk, UK - 1 hour ago Bradford & Bingley's shares recouped some of their losses yesterday but still remained firmly below the 55p at which the lender plans to issue new shares to ...

Gillespie takes helm at A&L Scotsman, United Kingdom - 2 hours ago ALAN Gillespie, currently chairman of Royal Bank of Scotland-owned Ulster Bank, has been named as the new chairman of Alliance & Leicester. ...

Alliance & Leicester appoints ex-banker as chairman Times Online, UK - 14 hours ago Shares in Alliance & Leicester, the mortgage lender, rose by 17.5p to 232.25p this morning as it announced that it has appointed Alan Gillespie as its ...

A&L names new chairman Reuters UK, UK - 16 hours ago LONDON (Reuters) - Alliance & Leicester (A&L) (ALLL.L: Quote, Profile, Research) poached Alan Gillespie from Ulster Bank to take over as its chairman, ...

A&L appoints new chairman The Press Association - 16 hours ago A senior banker with more than 30 years' experience in the industry has been appointed chairman of Alliance & Leicester. Alan Gillespie, who is currently ...

Banks help market stage a comeback guardian.co.uk, UK - 16 hours ago Britain's banking sector staged a rally today, helping the FTSE to shake off yesterday's woes. Alliance & Leicester led the charge, with its shares gaining ...

Alan Gillespie to chair Alliance & Leicester Telegraph.co.uk, United Kingdom - 17 hours ago By Katherine Griffiths Alliance & Leicester, which has been searching for a new chairman since the death of Sir Derek Higgs in April, has appointed Alan ...

UK bank A&L names RBS's Gillespie chairman Reuters UK, UK - 17 hours ago LONDON, July 9 (Reuters) - Alliance & Leicester (ALLL.L: Quote, Profile, Research) said on Wednesday that Alan Gillespie will take over as its new chairman ...

Alliance & Leicester close to naming Gillespie as chairman - report Forbes, NY - 18 hours ago LONDON (Thomson Financial) - Alliance & Leicester Plc. is close to appointing Alan Gillespie as its chairman in a move that could help stabilise the bank in ...

Bradford & Bingley shares rebound The Herald, UK - 3 hours ago Shares in Bradford & Bingley rebounded sharply yesterday by 27.2% despite continuing downgrades from analysts while Alliance & Leicester, which is also ...

Alliance & Leicester Names Alan Gillespie Chairman RTT News, NY - 8 hours ago (RTTNews) - UK-based financial services provider Alliance & Leicester (AL.L: News, Chart, Quote ) Wednesday revealed the appointment of Alan Gillespie as ...

Alliance & Leicester appoints new chair to steer it thought ... Money High Street, UK - 11 hours ago Leading UK bank Alliance & Leicester has named Alan Gillespie as its new chairman and the person who it hopes will help steer the lender out of the current ...

Heavy hitter parachuted in to chair A&L This is Money, UK - 11 hours ago The Mail on Sunday's column Midas will send extra share tips direct to your inbox. Find out more: Midas share tips The move comes as the company struggles ...

Alliance & Leicester (A&L) poaches chairman from Ulster Bank 100 Mortgages, UK - 13 hours ago Alliance & Leicester (A&L) now have their new chairman, Alan Gillespie, who they have poached from the Ulster Bank; they hope that the new chairman will ...

A&L appoints Gillespie as chairman ifaonline.co.uk, UK - 14 hours ago By John Bakie Gillespie is currently chairman of Ulster Bank Group, a role he has held since 2001, and will take up his new role on 8 September. ...

Alliance & Leicester Said Close to Naming New Chairman New York Times Blogs, NY - 14 hours ago Alliance & Leicester is close to Alan Gillespie as its chairman, a move could help stabilize the bank in the near term amid fears that it could face further ...

Alliance & Leicester appoints Gillespie as chairman FT Adviser, UK - 14 hours ago Gillespie has more than 30 years' of experience in the banking industry and has been chairman of the Ulster Bank Group, a wholly owned subsidiary of The ...

A&L appoints Alan Gillespie as chairman Money Marketing, UK - 14 hours ago Gillespie will join Alliance & Leicester in September from RBS where he was chairman of its wholly-owned subsidiary Ulster Bank. ...

A&L reveals new chairman Mortgage Strategy, UK - 15 hours ago Gillespie, who has worked at Citibank and Goldman Sachs, has more than 30 years' experience in the banking industry. He has been chairman of the Ulster Bank ...

Alliance & Leicester names Alan Gillespie Chairman - Quick Facts RTT News, NY - 16 hours ago (RTTNews) - Wednesday, Alliance & Leicester Plc (AL.L: News, Chart, Quote ) said it appointed Alan Gillespie as chairman, effective 8 September 2008. ...

Two more housebuilders cut 40% of their workforces - Independent

Housebuilders: Housing market slump costs further 1000 jobs guardian.co.uk, UK - 1 hour ago Two housebuilders yesterday purged almost 1000 more jobs as Bovis Homes and Redrow said they were cutting costs in reaction to a slump in the market. ...

Bovis boss: Current downturn is worse than 1990s recession Scotsman, United Kingdom - 2 hours ago By Martin Flanagan TWO more big housebuilders announced major redundancies yesterday – as the head of one of them said the UK market downturn was deeper ...

Further UK housebuilding gloom Financial Times, UK - 5 hours ago By Amanda Vermeulen The flood of grim news from Britain’s housebuilders has continued unabated, with Bovis Homes and Redrow both announcing 40 per cent ...

Further woe for UK housing market ITV.com, UK - 8 hours ago Hundreds more housebuilding jobs are to go with Bovis and Redrow becoming the latest construction firms to feel the force of the property slump. ...

Media: Rival suitor hits back at Sorrell's hostile bid for TNS - guardian.co.uk

Jeremy Warner's Outlook: Gloves are off in Sorrell versus Brydon fight Independent, UK - 1 hour ago At last, a real takeover battle, as opposed to the virtual stuff that became the norm in the heyday of private equity. And in these markets, too. ...

Government must mete out Equitable justice swiftly Telegraph.co.uk, United Kingdom - 1 hour ago By Damian Reece It is inconceivable that Parliament will ignore the findings of its own ombudsman, Ann Abraham, into the regulation of Equitable Life. ...

Showman Rose's jokes fall flat guardian.co.uk, UK - 1 hour ago 'At this point, I might risk a little joke," said Sir Stuart Rose during yesterday's annual meeting of Marks & Spencer shareholders. ...

Business big shot: Klaus Wübbenhorst Times Online, UK - 2 hours ago Klaus Wübbenhorst is used to a challenge. The marathon-running chief executive of GfK, who completed the Hamburg marathon in 3hr 15min, is planning to take ...

GfK points to funding source as it launches bid war for TNS Financial Times, UK - 2 hours ago GfK could turn to a wealthy German family to raise funds for a £1bn (€1.26bn)-plus bid for Taylor Nelson Sofres, after launching a bidding war on Wednesday ...

WPP Left Out In The Rain By TNS And GfK Forbes, NY - 2 hours ago Martin Sorrell has had no trouble selling some of the world's top brands, but when it comes to selling a combination of minds to the Taylor Nelson Sofres ...

Battle for TNS claims first casualty Times Online, UK - 3 hours ago After the long phoney war, the shooting has finally started in the battle over Taylor Nelson Sofres (TNS). And the first casualty appears to be David Lowden ...

Market research group GfK 'may bid' for TNS AFP - 9 hours ago LONDON (AFP) — German market research group Gfk said Wednesday that it was mulling a takeover bid for British peer Taylor Nelson Sofres after the pair ended ...

GfK mulls cash bid for TNS after WPP swoop Reuters UK, UK - 9 hours ago By Kate Holton LONDON (Reuters) - Germany's GfK Holdings AG is working on a cash offer for rival British market research group Taylor Nelson Sofres after ...

GfK CEO claims leadership in case of TNS takeover Forbes, NY - 10 hours ago NUREMBERG, Germany (Thomson Financial) - GfK AG. chief executive Klaus Wuebbenhorst is claiming the leadership in case of a possible takeover of Taylor ...

WPP Makes Hostile Bid For TNS; GfK Considers Cash Bid For Audience ... Washington Post, United States - 10 hours ago As expected, WPP Group is making a hostile bid for audience measurement firm Taylor Nelson Sofres, which has rejected the ad holding company's three ...

GFK says to make better offer for TNS than WPP Reuters UK, UK - 10 hours ago MUNICH (Reuters) - Germany's GfK Holdings (GFKG.DE: Quote, Profile, Research) said on Wednesday it wants to make a better offer for Taylor Nelson Sofres ...

GFK says to make better offer for TNS than WPP Reuters - 10 hours ago MUNICH, July 9 (Reuters) - Germany's GfK Holdings AG (GFKG.DE: Quote, Profile, Research, Stock Buzz) said on Wednesday it wants to make a better offer for ...

WPP ratings on negative watch on Taylor Nelson Sofres bid - Fitch Forbes, NY - 10 hours ago MUMBAI (Thomson Financial) - Fitch Ratings said it placed WPP Group Plc.'s 'BBB+' long-term issuer default and senior unsecured ratings on negative watch ...

UPDATE: TNS Rejects WPP Hostile Offer; GfK Mulls Counterbid CNNMoney.com - 11 hours ago LONDON -(Dow Jones)- Market research and information group Taylor Nelson Sofres PLC (TNS.LN) Wednesday rejected WPP Group PLC's (WPPGY) hostile 260.6 pence ...

US stock futures in tight range as oil price climbs MarketWatch - 12 hours ago By MarketWatch US stock futures inched higher on Wednesday, with renewed tensions in Iran driving up oil prices ahead of weekly energy inventories figures. ...

Tempus analysis: Top trumps Times Online, UK - 12 hours ago Oh, to be a fly on the wall in the WPP boardroom last night when Sir Martin Sorrell most probably learned that GfK was planning to top any offer he made for ...

Marks & Spencer faithful rally to Sir Stuart - Telegraph.co.uk

Sir Stuart Rose feels M&S shareholder ire Telegraph.co.uk, United Kingdom - 1 hour ago By James Hall, Retail Editor Sir Stuart Rose, the executive chairman of Marks & Spencer, received a bloody nose yesterday with more than a fifth of the ...

One in four M&S shareholders fails to support Rose Independent, UK - 1 hour ago By James Thompson Nearly one in four Marks & Spencer shareholders refused to back executive chairman Sir Stuart Rose at the eagerly anticipated annual ...

Retailing: One in five investors fail to back Rose's leadership at ... guardian.co.uk, UK - 1 hour ago More than 20% of Marks & Spencer shareholders yesterday failed to back the appointment of Sir Stuart Rose as executive chairman of the ailing retail chain. ...

Janet Street-Porter: Sorry, Sir Stuart, but it's not 'our' M&S Independent, UK - 2 hours ago Sir Stuart Rose has staked his future (and his advertising campaign) on a firm belief that Marks & Spencer occupies a special place in the nation's psyche. ...

Sir Stuart survives revolt – and vows to invest Scotsman, United Kingdom - 2 hours ago By Hamish Rutherford AS SIR Stuart Rose, the embattled chairman of high street stalwart Marks & Spencer, began taking questions from shareholders yesterday, ...

Sir Stuart and fans had fine time over lunch Financial Times, UK - 2 hours ago By Elizabeth Rigby If Sir Stuart Rose was out of favour with his shareholders, you would hardly have guessed it on the evidence of the retailer’s annual ...

A plea for dresses with pretty sleeves Times Online, UK - 3 hours ago Sir Stuart Rose looked like a man who wanted to go on holiday. As he wandered around the Royal Festival Hall, meeting and greeting the pensioners and former ...

Bloodied but unbowed, Sir Stuart Rose wins the day Times Online, UK - 3 hours ago Rebel Marks & Spencer investors claimed a moral victory yesterday as almost one in four of the company’s shareholders refused to back Sir Stuart Rose’s ...

M&S boss gets through AGM rebellion RTE.ie, Ireland - 7 hours ago Marks and Spencer boss Stuart Rose has survived one of the biggest UK shareholder rebellions of recent years. 22% of investors abstained or voted against ...

Housebuilders up on job cut news - BBC News

Bovis, Redrow, Cut 40% of Staff on UK Housing Slump (Update4) Bloomberg - 5 hours ago By Tim Barwell July 9 (Bloomberg) -- Redrow Plc and Bovis Homes Group Plc, two UK homebuilders beset by falling sales, will each cut their workforce by more ...

British Builders Slim Down To Survive Forbes, NY - 6 hours ago LONDON - British house builders have gone from boom to gloom in less than a year and as the housing crisis deepens, they are now cutting back their ...

Home transactions down as Brits stay put, builders complain Safestore.co.uk, UK - 5 hours ago While many Britons may be hoping to move to a bigger home some time soon, new developments in the homebuilding industry suggest that they will have to put ...

M&S wins its War of the Roses - Reuters UK

Marks & Spencer shareholders vote for combined role for Stuart Rose International Herald Tribune, France - 3 hours ago AP LONDON: Shareholders at British food and clothing retailer Marks & Spencer PLC voted to allow Stuart Rose to combine the roles of chairman and chief ...

Rose faces down M&S shareholder revolt guardian.co.uk, UK - 3 hours ago More than 20% of Marks & Spencer shareholders have failed to back the controversial appointment of Sir Stuart Rose as executive chairman at the ailing chain ...

Marks & Spencer Won't Boot The Boss Forbes, NY - 5 hours ago Rebellious investors in Marks & Spencer will likely make some noise at the retailer's shareholder meeting Wednesday, as they register their anger over the ...

M&S board says history will prove Rose decision right Reuters UK, UK - 6 hours ago LONDON, July 9 (Reuters) - The board of British retailer Marks and Spencer (MKS.L: Quote, Profile, Research) said it had taken a tough decision in deciding ...

M&S defends dual role for chairman Rose Reuters UK, UK - 7 hours ago LONDON (Reuters) - Landmark retailer Marks and Spencer (MKS.L: Quote, Profile, Research) defended the dual role of its embattled boss on Wednesday, ...

Sir Stuart Rose: a career in retail Times Online, UK - 9 hours ago 1972-1989 – Joins Marks & Spencer (M&S) as a management trainee aged 21, and holds roles in the textile and food divisions, before moving to Paris to become ...

Sir Philip Green sends the short-sellers into a spin Times Online, UK - 22 hours ago Sir Philip Green has generated many and varied responses from people over the years, from love and admiration all the way over to the opposite end of the ...

Marks & Spencer Stock Rises on Takeover Speculation (Update1) Bloomberg - 8 Jul 2008 By Louisa Nesbitt July 8 (Bloomberg) -- Marks & Spencer Group Plc climbed the most in four years in London trading on speculation the UK's biggest clothing ...

Marks & Spencer Could Be A Steal Forbes, NY - 8 Jul 2008 LONDON - Iconic British retailer Marks & Spencer is suffering from a collapse in consumer confidence, some of its biggest shareholders are threatening ...

M&S investors give damning verdict on Rose's role - Times Online

M&S says 22 pct of shareholders failed to back Rose Reuters UK, UK - 2 hours ago LONDON, July 9 (Reuters) - British retailer Marks and Spencer (MKS.L: Quote, Profile, Research) said on Wednesday that, including abstentions, 22 percent of ...

Marks & Spencer Survives Shareholder Protest Vote at Meeting Bloomberg - 3 hours ago By Louisa Nesbitt July 9 (Bloomberg) -- Marks & Spencer Group Plc won support from investors for all of the resolutions tabled at its annual meeting, ...

Marks & Spencer's AGM: Sir Stuart Rose faces the shareholders Telegraph.co.uk, United Kingdom - 3 hours ago James Hall, Retail Editor, reports from the Royal Festival Hall on London's South Bank, where two thousand Marks & Spencer shareholders gathered for the ...

UPDATE 1-M&S's Rose faces stormy showdown with shareholders Reuters - 10 hours ago By Mark Potter LONDON, July 9 (Reuters) - Marks and Spencer Plc (MKS.L: Quote, Profile, Research) boss Stuart Rose, lauded for reviving the landmark British ...

making waste pay - BBC News

Osborne Says Conservatives Would Pay UK Households to Recycle Bloomberg - 3 hours ago By Gonzalo Vina July 9 (Bloomberg) -- Britain's Conservative opposition proposed paying households to recycle waste, contrasting with Prime Minister Gordon ...

Conservatives would pay households to recycle Reuters UK, UK - 3 hours ago By Tim Castle LONDON (Reuters) - A Conservative government would encourage councils to pay households to recycle their rubbish rather than fining them for ...

Tories know incentives achieve more than tax Telegraph.co.uk, United Kingdom - 3 hours ago The Conservatives are often encouraged to come up with detailed policies to show they are a serious contender for power, though it could be argued that what ...

Tories set to reveal recycle plans The Press Association - 8 hours ago Householders who recycle could be rewarded with payments of up to £30 a month under proposals due to be revealed by the Conservative Party. ...

Tories unveil recycling pay plans BBC News, UK - 13 hours ago A Tory government would encourage schemes under which people would be paid to recycle, shadow chancellor George Osborne is due to announce. ...

Tories plan payments for waste recycling Financial Times, UK - 15 hours ago By Fiona Harvey, Environment Correspondent Householders would be paid to recycle rubbish instead of penalised for failing to do so, under Conservative ...

Environment: Tories plan vouchers to reward people who recycle ... guardian.co.uk, UK - 16 hours ago Households will be rewarded by a Conservative government for recycling waste with vouchers worth up to £360 a year, the shadow chancellor, George Osborne, ...

Tories would pay householders to recycle rubbish Telegraph.co.uk, United Kingdom - 19 hours ago By Rosa Prince, Political Correspondent Householders would be paid to recycle their rubbish under plans to be unveiled by the Conservatives. ...

Pay the public to recycle, say Conservatives MRW, UK - 3 hours ago The Conservative Party would encourage financial incentive schemes under which people would be paid to recycle, shadow chancellor George Osborne is due to ...

Tories to offer rewards for recycling ePolitix, UK - 5 hours ago The Conservatives will today set out plans to offer financial incentives encouraging households to recycle their waste. Shadow chancellor George Osborne ...

Tories to swap 'bin tax' for bonuses to boost recycling This is London, UK - 5 hours ago Londoners who recycle their rubbish could be paid up to £25 a month under Tory plans to boost the environment. Shadow Chancellor George Osborne said he ...

WE WILL PAY YOU TO RECYCLE, SAY TORIES UK Express, UK - 16 hours ago By Macer Hall Political Editor HOUSEHOLDS could be paid £30 a month to recycle their rubbish under Tory plans being unveiled today. ...

Tories plan to give cash to families who recycle and scrap 'heavy ... Daily Mail, UK - 16 hours ago By Benedict Brogan Households would be paid cash to recycle under a scheme proposed by the Conservatives last night. George Osborne said he wanted to ...

Marks & Spencer AGM: what the shareholders say - guardian.co.uk

Investors back Rose despite dual role doubts Times Online, UK - 1 hour ago Private shareholders today rallied behind Sir Stuart Rose as he prepared for one of the biggest tests of his career at the Marks & Spencer (M&S) annual ...

Marks & Spencer: the row over Rose Times Online, UK - 2 hours ago March 10 – Marks & Spencer (M&S) announces that Sir Stuart Rose will become executive chairman, combining the roles of chief executive and chairman. ...

Marks & Spencer Report to Be Opposed by Four Funds (Update1) Bloomberg - 7 Jul 2008 By Louisa Nesbitt July 7 (Bloomberg) -- Marks & Spencer Group Plc investors owning more than 1 percent of the shares said they will reject the UK retailer's ...

OUTLOOK Barratt Developments set to round-off torrid week for UK ... - Forbes

Bovis, Redrow, Cut 40% of Staff on UK Housing Slump (Update3) Bloomberg - 2 hours ago By Tim Barwell July 9 (Bloomberg) -- Redrow Plc and Bovis Homes Group Plc, two UK homebuilders beset by falling sales, will each cut their workforce by more ...

FTSE makes gains in upbeat trading The Press Association - 2 hours ago Housebuilding and financial stocks were standing on firmer ground as the London market made some solid gains in upbeat trading. ...

Bovis to Cut Workforce by 40% After First-Half Home Sales Drop Bloomberg - 8 hours ago By Scott Hamilton July 9 (Bloomberg) -- Bovis Homes Group Plc, the UK's most profitable homebuilder, said it will cut 40 percent of its workforce and cut ...

FTSE 250 movers: Bid talk revives Southern Cross ShareCast, UK - 1 hour ago LONDON (SHARECAST) - Southern Cross Healthcare leads the way in the FTSE 250 after reports said private equity groups may be interested in buying the care ...

Axe Falls On 40% Of Bovis And Redrow Staff 4ni.co.uk, UK - 1 hour ago Housebuilders Bovis Homes and Redrow has said they are cutting staff by 40% due to the slump in the housing market. Bovis reported a 32% drop in sales in ...

Bovis Homes downgraded to "sell" newratings.com, Germany - 3 hours ago LONDON, July 9 (newratings.com) - Analysts at Panmure Gordon downgrade Bovis Homes Group Plc (BVS-GBX) from "hold" to "sell." The target price has been ...

Trouble building in the housing sector Management Today, UK - 5 hours ago Things are going from bad to worse for housebuilders, with another 1000 job losses at Bovis and Redrow... The punch-drunk housebuilding sector took another ...

Hundreds of jobs to go at housebuilder Kent Online, United Kingdom - 5 hours ago A Kent-based housebuilder has revealed it is set to slash hundreds of its workforce due to the squeeze on mortgages "worst market backdrop". ...

London Stock Exchange shares jump on buoyant results - Telegraph.co.uk

LSE revenue rises 8 pct in quarter CNNMoney.com - 44 minutes ago NEW YORK (Associated Press) - The London Stock Exchange Group PLC reported an 8 percent rise in first quarter revenue on Wednesday despite the impact of the ...

LSE says Lehman JV to be profitable in first year Reuters - 2 hours ago LONDON (Reuters) - The London Stock Exchange (LSE.L: Quote, Profile, Research) said on Wednesday its dark pool trading joint venture with Lehman Brothers ...

LSE feels downturn with 8% drop in volume Times Online, UK - 2 hours ago The volume of business going through the London Stock Exchange and its Italian offshoot Borsa Italiana fell by 8 per cent in the three months to the end of ...

Europe Bounces On Softer Oil Forbes, NY - 2 hours ago LONDON - European markets traded higher Wednesday morning, rebounding from the previous day's drop on credit worries and aided by a dramatic fall in oil ...

London Stock Exchange says good Q1 performance in spite of weak ... Hemscott, UK - 8 hours ago LONDON (Thomson Financial) - London Stock Exchange Group Plc. said that it performed well in the first quarter in spite of weaker markets. ...

London Stock Exchange reports 8% rise in Q1 revenues - Quick Facts RTT News, NY - 8 hours ago (RTTNews) - London Stock Exchange Group Plc (LSE.L: News, Chart, Quote ) on Wednesday provided interim management statement for the first quarter ended 30 ...

Equities’ value on NSE grew by N346 billion in May Vanguard, Nigeria - 11 hours ago Value of listed securities on the Nigerian Stock Exchange (NSE) appreciated in the month of May 2008 by N346 billion. The value of securities, ...

Marks & Spencer's AGM: Sir Stuart Rose answers the shareholders - Telegraph.co.uk

M&S's annual meeting: Live guardian.co.uk, UK - 48 minutes ago Once, Rose was as fireproof as they come. But poor sales and a falling share price mean he could get a bloody nose today Good afternoon and welcome to our ...

Fiery issues on debate at Marks and Spencer AGM Scotsman, United Kingdom - 2 hours ago MARKS & Spencer chief executive Sir Stuart Rose of Marks and Spencer was today set to face the wrath of shareholders at the company's annual general meeting ...

Did Stuart Rose get it wrong at M&S? Reuters UK, UK - 3 hours ago Just a year ago, Stuart Rose’s stock was riding high as the man who turned round Marks and Spencer but now he faces shareholder anger over controversial ...

M&S chief braces for shareholder rebellion Times Online, UK - 4 hours ago Sir Stuart Rose will today face a humiliating shareholder rebellion as more than 2000 investors convene at Marks & Spencer's (M&S) annual meeting to vote on ...

INTERNATIONAL TRADER - EUROPE Barron's - 7 Jul 2008 By MOLLY NEAL THE UK RETAIL market is so turbulent that Marks & Spencer can't even forecast its own first-half profit. Yet the FTSE-100 company is ...

LSE hit by downturn with 8% drop in volume - Times Online

LSE says Lehman JV to be profitable in 1st year Reuters - 39 minutes ago LONDON, July 9 (Reuters) - The London Stock Exchange (LSE.L: Quote, Profile, Research, Stock Buzz) said on Wednesday its dark pool trading joint venture ...

4th UPDATE: LSE 1Q Revenue Up 8% In Still Uncertain Markets CNNMoney.com - 1 hour ago By Benoit Faucon and Ragnhild Kjetland LONDON -(Dow Jones)- The London Stock Exchange Group PLC (LSE.LN) Wednesday reported an 8% rise in first-quarter ...

Some respite for LSE's Clara Furse guardian.co.uk, UK - 1 hour ago The slump in London Stock Exchange shares from their peak of around £20 at the start of this year has abated after better-than-expected first-quarter ...

LSE Q1 revenue up 8 percent, markets still uncertain Reuters India, India - 2 hours ago By Daisy Ku LONDON (Reuters) - First-quarter revenues at the London Stock Exchange Group (LSE.L: Quote, Profile, Research) rose 8 percent thanks to buoyant ...

Walking in the shadow of global peers Financial Times, UK - 2 hours ago By Jeremy Grant Shareholders gathering to-day for the London Stock Exchange's annual meeting had a sobering reminder yesterday of how their investment has ...

LSE's revenues buck the trend Scotsman, United Kingdom - 2 hours ago THE London Stock Exchange, the world's fourth largest equity exchange, has seen revenues increase despite "significantly weaker" markets. ...

LSE Advances in London Trading After Revenue Beats Estimates Bloomberg - 4 hours ago By Nandini Sukumar July 9 (Bloomberg) -- London Stock Exchange Group Plc increased as much as 8.6 percent after the company reported quarterly revenue that ...

LSE Q1 revenue up 8 pct, markets still uncertain guardian.co.uk, UK - 4 hours ago By Daisy Ku LONDON, July 9 (Reuters) - First-quarter revenues at the London Stock Exchange Group rose 8 percent thanks to buoyant information and settlement ...

London Stock Exchange says Q1 performance good in spite of weak ... Forbes, NY - 4 hours ago LONDON (Thomson Financial) - London Stock Exchange Group Plc. said that it performed well in the first quarter as revenue rose 8 percent, in spite of weaker ...

London Stock Exchange 1Q revenue up 8 percent in 'significantly ... International Herald Tribune, France - 5 hours ago AP LONDON: London Stock Exchange Group PLC on Wednesday reported that revenue rose 8 percent in its first quarter despite what it called a significantly ...

London Stock Exchange first quarter revenue up Reuters UK, UK - 6 hours ago LONDON (Reuters) - The London Stock Exchange (LSE.L: Quote, Profile, Research) on Wednesday announced an 8 percent increase in revenue for the three months ...

Furse feels LSE's pain Wall Street Journal - 8 hours ago By WILLIAM WRIGHT CLARA FURSE is facing a £15 million ($29.7 million) hit on her shares and options after this year's collapse of shares in London Stock ...

Patience still key in bear markets guardian.co.uk, UK - 14 hours ago Buy when there is blood on the streets, advised Sir John Templeton, the celebrated investor and philanthropist whose death at the age of 95 was announced ...

STOCKWATCH London Stock Exchange soars after Q1 revenue rises Trading Markets (press release), CA - 1 hour ago LONDON, Jul 09, 2008 (Thomson Financial via COMTEX) -- LDNXF | Quote | Chart | News | PowerRating -- Shares in London Stock Exchange Group Plc were sharply ...

LSE revenue grows 8%, warns conditions to remain uncertain Middle East North Africa Financial Network, Jordan - 2 hours ago By Simon Kennedy, MarketWatch LONDON (Menafn - MarketWatch) -- The London Stock Exchange on Wednesday reported an 8% rise in quarterly revenue, ...

Shares rebound as LSE beats estimates Financial News, UK - 2 hours ago Shares in the London Stock Exchange this morning rebounded after yesterday hitting a two-year low, as a strong performance in information and post-trade ...

LSE feels the pain as tough time hits City This is Money, UK - 3 hours ago The toughness of trading in the City's financial markets over the last three months was put firmly in the headlights today, as the London Stock Exchange ...

LSE Q1 revenue rises amid uncertain market conditions - Update RTT News, NY - 4 hours ago (RTTNews) - London Stock Exchange Group Plc (LSE.L: News, Chart, Quote ) reported Wednesday an 8% rise in its first quarter revenue against the backdrop of ...

Information services shine at LSE ShareCast, UK - 5 hours ago LONDON (SHARECAST) - Sharp increases in information and post-trade services revenues compensated for lacklustre growth at the issuer and trading services ...

LSE Jumps in London Trading as Sales Beat Estimates (Update1) Bloomberg - 3 hours ago By Nandini Sukumar July 9 (Bloomberg) -- London Stock Exchange Group Plc advanced as much as 8.6 percent in UK trading after the company reported quarterly ...

OUTLOOK Barratt Developments set to round - Hemscott

Bovis, Redrow slashing staff by 40 pct The Associated Press - 56 minutes ago LONDON (AP) — UK homebuilders Bovis Homes Group PLC and Redrow PLC each said Wednesday they were slashing staff by 40 percent — more signs of the distress ...

Bovis, Redrow, how the housebuilders compare Telegraph.co.uk, United Kingdom - 1 hour ago By Jonathan Russell The flood of bad news that has descended on housebuilders over the last week has been so sustained it is almost impossible to see which ...

Tempus comment: Decaying fast Times Online, UK - 1 hour ago If the credit crunch and the withdrawal of thousands of fixed-rate loans started the housing market slump this spring, then wider worries about the economic ...

Redrow sheds 350 as market collapses WalesOnline, United Kingdom - 1 hour ago The Welsh developer became the latest housing company to shed workers following Persimmon’s announcement yesterday that 1100 jobs were going, throwing the ...

ROUNDUP Bovis Homes, Redrow paint bleak picture for UK housing market Forbes, NY - 2 hours ago LONDON (Thomson Financial) - Two of Britain's leading housebuilders have given a bleak assessment of the UK housing market and warned trading conditions are ...

Builders Redrow and Bovis to axe 40% of staff Scotsman, United Kingdom - 2 hours ago By MICHAEL BLACKLEY THE gloom in the housebuilding sector intensified today as another two companies said they are axing hundreds more staff. ...

750 more housebuilding jobs axed The Press Association - 3 hours ago Housebuilders Bovis Homes and Redrow said around 750 jobs were being axed as part of their efforts to ride out the property slump. ...

More home builders slash jobs AFP - 3 hours ago LONDON (AFP) — Homebuilders Bovis and Redrow on Wednesday said their workforces would soon be 40 percent below levels at the start of the year as jobs are ...

More house building jobs go in summer gloom Reuters UK, UK - 3 hours ago By Dan Lalor and Mark Potter LONDON (Reuters) - Two of the biggest builders Bovis Homes and Redrow are cutting 40 percent of their workforces, ...

Bovis and Redrow to slash jobs by 40% as sales fall MarketWatch - 4 hours ago By Steve Goldstein & Simon Kennedy, MarketWatch LONDON (MarketWatch) -- UK home builders Bovis Homes Group and Redrow both said Wednesday that they will cut ...

Bovis Homes cuts jobs and dividend Reuters - 5 hours ago LONDON (Reuters) - House builder Bovis Homes Group plans to cut about 400 jobs and slash its dividend to cope with a dire housing market, but does not as ...

Housebuilders Redrow and Bovis Homes to slash 40% of workers guardian.co.uk, UK - 5 hours ago Housebuilders Redrow and Bovis Homes followed in the footsteps of rivals today when they announced they were both cutting their workforce by 40% after house ...

Bovis, Redrow, Cut 40% of Staff on UK Housing Slump (Update1) Bloomberg - 5 hours ago By Tim Barwell July 9 (Bloomberg) -- Redrow Plc and Bovis Homes Group Plc, the UK homebuilder with the lowest average selling price, and the most profitable ...

Bovis Homes and Redrow axe 40pc of staff in further housing gloom Telegraph.co.uk, United Kingdom - 5 hours ago By Angela Monaghan In the latest sign that the UK housing market is in sharp decline, Bovis Homes and fellow housebuilder Redrow both said this morning that ...

Hundreds more building jobs to go ITV.com, UK - 5 hours ago Hundreds more housebuilding jobs are to go with Bovis and Redrow becoming the latest construction firms to feel the force of the property slump. ...

Hundreds of housebuilding jobs axed The Press Association - 5 hours ago Hundreds more housebuilding job cuts have been announced as Bovis Homes and Redrow become the latest to outline efforts to combat the property slump. ...

Bovis and Redrow add to builders’ gloom Financial Times, UK - 5 hours ago By Amanda Vermeulen The flood of grim news from Britain’s beleaguered housebuilders continued unabated on Wednesday, with Bovis Homes and Redrow both ...

More job cuts at UK housebuilders BBC News, UK - 6 hours ago Bovis Homes and Redrow have become the latest UK housebuilders to announce a sweeping reduction in their workforces. Both firms said staff numbers would be ...

Redrow Reservations Drop 55%, to Cut Headcount by 40% (Update1) Bloomberg - 6 hours ago By Tim Barwell July 9 (Bloomberg) -- Redrow Plc, the UK homebuilder with the lowest average selling price, said second-half reservations slumped 55 percent ...

Bovis and Redrow axe 40% jobs Times Online, UK - 6 hours ago The housebuilding sector was hit again this morning as Redrow and Bovis Homes slashed jobs and said their business had decreased dramatically. ...

Bovis Homes cuts jobs, dividend, but no writedown Reuters - 6 hours ago LONDON, July 9 (Reuters) - British housebuilder Bovis Homes (BVS.L: Quote, Profile, Research, Stock Buzz) plans to cut staff numbers by 40 percent and slash ...

GfK ditches TNS merger talks and plans sweetened cash offer - guardian.co.uk

GfK drops merger plans with TNS, plans cash offer to rival WPP Forbes, NY - 43 minutes ago FRANKFURT (Thomson Financial) - GfK Holdings AG. said it has agreed with Taylor Nelson Sofres Plc. to drop plans for a merger and said it now plans to make ...

GfK to stymie WPP bid for TNS with all-cash offer Times Online, UK - 1 hour ago GfK, the German market research group, today confirmed that it is considering an all-cash offer for Taylor Nelson Sofres (TNS) after dropping plans for a ...

Market update - 9 July Independent, UK - 1 hour ago The FTSE 100 was up 72 points at 5512.5 at 11.22am with financial stocks, buoyed by bargain hunting and positive comments from Federal Reserve chairman Ben ...

WPP launches $2.1 bln hostile bid for Taylor Nelson MarketWatch - 1 hour ago By Simon Kennedy, MarketWatch LONDON (MarketWatch) -- UK advertising giant WPP on Wednesday launched a 1.08 billion pound ($2.13 billion) hostile bid for ...

WPP Makes Hostile Bid for Taylor Nelson After Rebuff (Update3) Bloomberg - 2 hours ago By Simon Thiel and Alex Armitage July 9 (Bloomberg) -- WPP Group Plc, the world's second- largest advertising company, took its 1.08 billion-pound ($2.13 ...

London shares firmer midmorning; financials gain, WPP falls as ... Forbes, NY - 2 hours ago LONDON (Thomson Financial) - UK blue chips remained firmer midmorning led by financials following Tuesday's news that the Federal Reserve might extend its ...

EUROPE MARKETS Bargain hunters drive European shares higher MarketWatch - 2 hours ago By Sarah Turner, MarketWatch LONDON (MarketWatch) - European shares gained sharply on Wednesday, continuing a week of see-saw action for equity markets, ...

WPP makes hostile $2.1 billion TNS takeover bid Reuters Canada, Canada - 3 hours ago By Kate Holton LONDON (Reuters) - WPP Group (WPP.L: Quote), the world's second-largest advertising company made a hostile 1.08 billion pound ($2.13 billion) ...

Regional Indexes Rise With Banks in the Lead Wall Street Journal - 4 hours ago By SARAH TURNER LONDON -- European shares gained Wednesday morning with financials in the lead, recouping some of Tuesday's losses after a strong session in ...

WPP makes hostile bid for market research firm International Herald Tribune, France - 4 hours ago By David Jolly PARIS: WPP Group, the advertising and marketing company, said Wednesday that it had made a hostile bid for the British market research ...

WPP makes hostile $2.1 billion TNS takeover bid Reuters - 5 hours ago By Kate Holton LONDON (Reuters) - WPP Group (WPP.L: Quote, Profile, Research), the world's second-largest advertising company, launched on Wednesday a ...

WPP tables TNS takeover offer The Press Association - 6 hours ago Sir Martin Sorrell, boss of media and advertising giant WPP, has unveiled a £1.08 billion takeover offer for market research firm TNS. ...

WPP makes £1bn hostile bid for TNS Telegraph.co.uk, United Kingdom - 6 hours ago By Juliette Garside The board of WPP, the world's largest advertising company, has launched a hostile bid worth £1.08bn for market research firm Taylor ...

WPP makes hostile takeover bid for TNS Reuters - 6 hours ago LONDON (Reuters) - WPP Group Plc (WPP.L: Quote, Profile, Research), the world's second-largest advertising company, said it has launched a hostile bid worth ...

WPP launches £1bn hostile bid for Taylor Nelson Times Online, UK - 6 hours ago WPP, the British advertising giant, today launched a hostile bid for Taylor Nelson Sofres (TNS) but refused to raise its offer for the market research group ...

Sorrell’s WPP turns hostile on TNS Financial Times, UK - 6 hours ago By Maggie Urry WPP turned hostile in its efforts to acquire Taylor Nelson Sofres on Wednesday, announcing a formal bid and urging TNS shareholders to vote ...

WPP Makes Hostile Bid for Taylor Nelson of 1.08 Billion Pounds Bloomberg - 6 hours ago By Simon Thiel and Alex Armitage July 9 (Bloomberg) -- WPP Group Plc, the world's second- largest advertising company, made a hostile bid of 1.08 billion ...

GfK May Bid Today for Taylor Nelson to Thwart WPP, FT Reports Bloomberg - 7 hours ago By Alan Purkiss July 9 (Bloomberg) -- GfK AG, a German market-research company that plans to merge with Taylor Nelson Sofres Plc, may make an offer for the ...

GfK switches tactics in TNS saga ShareCast, UK - 59 minutes ago LONDON (SHARECAST) - The proposed “merger of equals” between GfK and Taylor Nelson Sofres (TNS) has been kyboshed by WPP’s hostile bid for the latter, ...

TNS spurns WPP offer yet again India Infoline.com, India - 1 hour ago The London-based market research firm has repeatedly turned down WPP`s overtures, saying the offer undervalues it. TNS also terminates merger talks with GfK ...

Shares in TNS soar as GfK prepares to trump WPP Brand Republic (subscription), UK - 1 hour ago by Daniel Farey-Jones Brand Republic 09-Jul-08, 12:40 LONDON - Shares in TNS have soared today, jumping almost 11% as GfK responds to WPP Group's £1.08bn ...