Block trade failures magnify risk debate
Recent transactions for Barclays and Bank of America illustrate the perils of one of the fastest growing areas of the equity capital markets European companies…
Tobin tax will only benefit shady fixers
Think-tank people muse, policy becomes more opaque while US financial institutions prepare ‘workarounds’ for the European FTT, writes John Dizard European companies…
Penguin agrees ebook pricing deal with EU
FT’s parent company becomes the fifth and final publisher to reach a settlement, in a move designed to ‘clear the decks’ ahead of Random House merger European companies…
SAP falls short amid ‘execution issues’
German software group joins rivals in registering tough conditions as first-quarter operating profit misses analysts’ forecasts, despite rising 8% European companies…
Intelsat IPO survives cancellation talks
People familiar with the process said Intelsat’s private equity owners trimmed its offering after a “roller-coaster” week in which equities suffered European companies…
Elan reveals results of $1bn share buyback
Drug group reports outcome of a share buyback that some observers believe shows a lack of support for a deal at the price currently on offer European companies…
Emerging market ‘softening’ hits Nestlé
Food company’s sales fall short of expectations despite strong dairy results in Mexico and good demand for pet care and chocolate in North America European companies…
Buy-out groups weigh Numericable IPO
Carlyle, Cinven and Altice explore options with investment banks for French cable company after months of talks with Vivendi over possible merger European companies…
UK business attacks EU carbon move
Tuesday’s vote means prices in the EU emissions trading system are likely to stay at about €3 a tonne for at least the next seven years European companies…
