Questor share tip: Wait and see if private equity bowls over Brit Insurance
Apollo and CVC Capital Partners have made a bid of up to £870m for Brit Insurance, the sponsor of the England cricket team. telegraph.co.uk |
Foster’s may disappoint hopes for wine sale
The board of Australian wine and beer group Foster’s has rejected an offer for the wine division, so those hoping to capture M&A related gains should be wary. feeds.marketwatch.com |
Nigel Lawson: It's 'absolutely the right time' for cuts
The former Chancellor is not short of advice for his successor George Osborne when it comes to the pressing need for cuts. telegraph.co.uk |
Morgan Stanley posts 67% drop in profit
Chief Executive James Gorman says he is unsatisfied with the bank’s performance. feeds.marketwatch.com |
Unemployment rate drops in 23 states in September
By CHRISTOPHER S. RUGABER 2010-10-22T15:59:52ZWASHINGTON (AP) -- Nearly half of U.S. states reported drops in their unemployment rates last month, the best showing since June. But job creation was weak in most areas of the country.... hosted.ap.org |