Company news from ShareCast

  • Aer Lingus rejects Ryanair again
    01 Dec, 2008 17:47
    Irish airliner Aer Lingus has rejected the E748m offer from rival no-frills airliner Ryanair, saying the offer "significantly undervalues" the group.

  • Tuesday preview: Tesco, Thomas Cook
    01 Dec, 2008 16:07
    Britain's leading supermarket, Tesco, is beginning to feel the heat as competition, particularly from the deep discounters, gets tougher while consumer demand cools down.

  • BT appoints Chanmugam as new FD
    01 Dec, 2008 14:57
    Telecoms giant BT has appointed Tony Chanmugam, who is known for his cost cutting initiatives, as group finance director.

  • X5 Retail takes Q3 loss
    01 Dec, 2008 12:41
    Russia's largest food retailer X5 Retail slumped into the red during the third quarter due to the significant depreciation of the rouble versus the dollar.

  • Development Securities faces possible £52m disposal default
    01 Dec, 2008 11:45
    Development Securities shares fell as it revealed £52m of loan notes currently outstanding from a disposal in 2007 of a property in Colindale, North London were not paid back 28…

  • Update: Ryanair launches another Aer Lingus bid
    01 Dec, 2008 11:22
    No-frills airline Ryanair has launched another all cash offer for rival Aer Lingus worth E748m, half the value of its previous offer.

  • RBS offers six-month repossession delay
    01 Dec, 2008 11:00
    Royal Bank of Scotland, owner of NatWest, said it will not initiate repossession proceedings for six months after a mortgage customer first falls behind on payments.

  • Update: Profits up a fraction at Aberdeen Asset
    01 Dec, 2008 08:14
    Aberdeen Asset Management saw profits creep ahead in the year ended 30 September, although gross inflows were largely offset by higher redemptions due to increased risk aversion.

  • Ryanair launches new bid for Aer Lingus
    01 Dec, 2008 07:50
    No-frills airline Ryanair has launched all cash offer for Aer Lingus in a new attempt to gain control of its rival.

  • JJB Sports sells leases on four stores
    01 Dec, 2008 07:35
    Sportswear retailer JJB Sports has sold the leases for four retail stores and used the proceeds to reduce borrowings.

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