uk
GE Agrees to Buy Wellstream for $1.3 Billion
6:33AM 12/13/2010
General Electric Co. (GE) will buy Wellstream Holdings Plc (WSM), a British oilfield-services provider focused on the Brazilian market, for 800 million pounds ($1.3 billion).
The deal is worth 786 pence per share of Wellstream, including a 6 pence special cash dividend, Bloomberg News reported....
Five U.K. banks may have to pay hundreds of millions of pounds in a levy that aims to charge them for the risks they pose to the country's economy.
The planned bank levy will raise a total of 2.5 billion pounds ($3.59 billion) a year from 2012 onwards, The Wall Street Journal said.
The levy has...
A Chinese vase that spent years in a suburban London household sold for 43 million pounds ($67.8 million) at auction. Including tax and commission, the final price was 53.1 million pounds ($85.8 million).
Rolls-Royce Shares Continue Slide on Airbus Concern
8:24AM 11/08/2010
Rolls-Royce shares dropped further on Monday as investors fretted about the impact of problems with Rolls-Royce engines on Airbus A380s.
Last week, a Rolls-Royce engine exploded during a Qantas Airways (QUBSF) flight from Singapore to Sydney, forcing an emergency landing in Singapore. Today,...
Investigators Probe Cause of Qantas Engine Failure
9:10AM 11/04/2010
Airbus SAS and Rolls-Royce Group launched an investigation into why an engine on a Qantas Airways (QUBSF) A380 exploded while the plane was in the air, forcing an emergency landing in Singapore.
Investigators from aviation authorities in France, Australia and the UK will all join the...
HSBC May Consider Buying Northern Trust
7:30AM 10/26/2010
HSBC (HBC) may be considering a bid for Northern Trust (NTRS), a California-based financial services group, The Daily Mail said.
Northern Trust has more than $643 billion of assets under management and counts more than 20% of the wealthiest families in the U.S. among its clients.
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The U.K. economy grew 0.8% in the third quarter, twice as fast as expected.
The construction sector helped drive the economy in the third quarter, enjoying its second straight quarter of strong growth, Reuters reported.
Economists had forecast that the economy would slow much more sharply...
British unemployment claims rose by the most in eight months in September as the economic recovery slowed.
Jobless benefits claims rose by 5,300 to 1.47 million, Bloomberg News reported.
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Consumer confidence touched an 18-month low in September as the public readied for the...
The U.K. economy slowed considerably in the third quarter. And to avoid a double-dip recession, the government may have to take further fiscal action.
British Banks May Need More State Funds: Think Tank
7:48AM 10/04/2010
British banks may require further taxpayer funds, with borrowing needs potentially hitting £25 billion pounds ($39.5 billion) a month, according to a think-tank.
The independent New Economics Foundation said that central bank data indicated the banks are facing major funding problems,...
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Next Page →Market Movers
| Symbol | Last | Change / % | Volume |
|---|
Most Actives
| 8.05 | -0.13 -1.59% | 55.20M | |
| 2.23 | +0.29 +14.69% | 39.51M | |
| 27.54 | -2.20 -7.40% | 9.02M | |
| 29.56 | -2.43 -7.60% | 8.76M |
% Gainers
| 35.62 | +11.72 +49.04% | 4.56M | |
| 2.23 | +0.29 +14.69% | 39.51M | |
| 10.50 | +1.10 +11.70% | 1.78M | |
| 84.74 | +8.35 +10.93% | 3.49M |
% Losers
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