Aftermath of Langbar's $800M fraud - Ottawa Citizen
Sat, 16 Jul 2011 06:53During his civil trial, Rybak maintained he had no reason to doubt the authenticity of the financial assets that underpinned Langbar's share price. He had hired many advisers and auditors, none of whom spotted the fraud. Rybak advanced the theory at ...
Enter the bull - can New York save the London Stock Exchange? - Telegraph.co.uk
Sun, 03 Jul 2011 06:00Not July 2011, but December 2006, when Nasdaq was in what would turn out to be the final throes of its abortive £2.7bn offer for what was once the jewel in the City of London's crown. Much has changed since then. The LSE bought Borsa Italiana, ...
Thomas Cook vulnerable as shares fall again - Travel Weekly UK
Fri, 15 Jul 2011 07:35Shares in Thomas Cook fell further on the London Stock Exchange yesterday following Tuesday's profit warning. Europe's second largest travel group saw the value of its shares drop by 15.57% to 71.30p. The fall left Thomas Cook valued at below £700 ...
Investment Column: Barratt subsides despite sturdy update - The Independent
Thu, 14 Jul 2011 23:00Another highlight was the refinancing package that has been put in place, "providing the group with circa £1bn of committed facilities for 4 years". So, why did the stock fall back? As some in the City noted, we suspect that at least some of the ...
News Corp pulls out of BSkyB bid - The Guardian
Wed, 13 Jul 2011 13:44After falling sharply following the announcement that the deal was off, BSkyB's share price then rallied strongly. The shares closed nearly 2% higher at 705.5p – above the 700p level at which News Corp originally tabled its bid. City traders said there ...