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Pound (GBP) As Well As Shares Fall After S & P's Comments On UK Banks
Thursday, January 28, 2010 - 2:41pm | 130Read More...Britain's shares, sterling and gilt futures fell on Thursday after credit ratings agency Standard & Poor's said the UK banking system was no longer among the most stable and low-risk. By 1514 GMT, the FTSE 100 index was down 0.4 percent at 5,195.49 points, with UK bank shares paring gains....
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UK Banks No Longer Ranked Amongst Most Stable
Thursday, January 28, 2010 - 2:28pm | 176Read More...The global standing of the City was dealt a devastating blow today when a leading analyst said Britain's battered banking system could no longer be ranked among the world's most stable. A damning report from debt rating agency Standard & Poor's sent the pound tumbling almost a cent and a half...
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AstraZeneca (AZN) To Cut 10,400 Jobs
Thursday, January 28, 2010 - 1:20pm | 181Read More...Pharmaceutical giant AstraZeneca plc (NYSE: AZN) reported that the company will eliminate 10,400 jobs over the next four years. The Anglo-Swedish drug maker's recent returns have been quite strong and the company increased its dividend by 12% to $2.30 per share, but the coming years may see a...
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Group 1 Automotive Shares Jump: Improved Sentiment And Positive Coverage
Monday, January 25, 2010 - 2:43pm | 112Read More...Shares of the automotive dealership network Group 1 Automotive Inc. (NYSE: GPI) were up nearly 10% today, recovering recent losses as prospects for the industry improved. Shares were up more than 9%, having gained back most of the 9.2% loss they experienced over the previous three trading days....
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Activision Blizzard (ATVI) Has A Winner In ‘Call of Duty’
Tuesday, December 29, 2009 - 2:07pm | 137Read More...The Video Game Industry seems to be lagging behind during this holiday season. However, talking with CNBC, Jim Yin, Standard & Poor’s information technology analyst, stated that Activision Blizzards’ (NASDAQ: ATVI) new game ‘Call of Duty’ has sold more than six million units. However, he...
