Mecom Group Plc, the U.K. media
investment company with newspaper holdings in five countries, had
its biggest drop ever in London trading after telling analysts
interest costs and depreciation charges may crimp profitability.
Mecom fell 14.5 pence, or 30 percent, to 33.75 pence, the
most since its March 2005 initial public offering. The stock
dropped 31 percent in 2007 compared [...]
The following stocks may rise or fall
in Persian Gulf markets today. Stock symbols are in parentheses
and prices are from the last close.
Saudi Arabias Tadawul lost 0.4 percent. Kuwaits measure
gained 0.5 percent, while Dubais index fell 0.7 percent.
Bank Muscat SAOG (BKMB OM): Omans biggest bank teamed up
with Nomura Holdings Inc. and the World Bank [...]
The following is a list of companies
whose shares may have unusual price changes in South Africa.
Stock symbols are in parentheses after company names and prices
are from the last close.
The FTSE/JSE Africa All Share Index lost 339.31, or 1.2
percent, to 28,640.42, as 111 stocks dropped, 30 gained and 25
were unchanged.
AngloGold Ashanti Ltd. (ANG SJ): [...]
U.K. Stocks Rise, Led by Anglo American, Vodafone; RBS Falls
By Adam Haigh Jan. 8 (Bloomberg) — U.K. stocks gained for the first day
in three. Anglo American Plc, the worlds second-largest mining
company, and Rio Tinto Group followed metal prices higher.
Vodafone Group Plc rose after Morgan Stanley increased its
price estimate, saying the stronger euro will [...]
Mecom Has Biggest Drop as Analysts See Higher Costs (Update1)
By Simon Th Jan. 8 (Bloomberg) — Mecom Group Plc, the U.K. media
investment company with newspaper holdings in five countries, had
its biggest drop ever in London trading after analysts said
interest costs and depreciation charges will rise.
Mecom lost 17 pence, or 35 percent, to [...]
Pininfarina Surges on Report Bollore May Buy Stake (Update2)
By Marco Bertacche and Chiara Remondini
Jan. 8 (Bloomberg) — Pininfarina SpA jumped in Milan trading
after Il Sole 24 Ore said Groupe Bollore, the investment company
controlled by French billionaire Vincent Bollore, may buy a stake
in the Italian designer of Ferraris and niche vehicles.
The shares [...]
U.K. Stocks Rise, Led by Anglo American, Rio Tinto, Vodafone
By Adam Haigh
Jan. 8 (Bloomberg) — U.K. stocks gained for the first time
in three days. Anglo American Plc, the worlds second-largest
mining company, and Rio Tinto Group followed metal prices higher.
Vodafone Group Plc rose after Morgan Stanley increased its
price estimate, saying the stronger [...]
Italian Stocks Fall, Led by Intesa Sanpaolo, Unione di Banche
By Sarah Thompson
Jan. 8 (Bloomberg) — Italian stocks dropped, led by Intesa
Sanpaolo SpA and Unione di Banche Italiane Scpa after Deutsche
Bank AG lowered its recommendations on the companies.
The S%26amp;P/MIB Index decreased 125, or 0.3 percent, to 37,476
at 12:42 p.m. in Milan.
Intesa [...]
Italian Stocks Including Intesa Sanpaolo Drop; Alitalia Rises
By Sarah Thompson and Daniela Silberstein
Jan. 8 (Bloomberg) — Italian stocks including Intesa
Sanpaolo SpA and Unione di Banche Italiane Scpa dropped after
Deutsche Bank AG lowered its recommendations on the companies.
Alitalia SpA, Italys state-owned airline, and Telecom
Italia SpA, the countrys largest telephone company, advanced.
The [...]
Kuwaiti Shares Offer Gulfs Best Value on Tax Cuts, HSBC Says
By Will McSheehy and Zainab Fattah
Jan. 8 (Bloomberg) — Kuwaiti shares offer the best value in
the six Gulf Cooperation Council states after the emirates
parliament agreed to abolish capital gains taxes on stock market
investments for foreigners, HSBC Holdings Plc said.
“Kuwait is the [...]
