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  • Compass buys UK cleaning firm

    Monday 24 Oct 2011

    Catering and support services giant Compass has expanded its "multi-service capability" with the acquisition of cleaning services firm, Integrated Cleaning Management (ICM).

  • First reaction in currency markets to Eurozone plan seems positive

    Monday 24 Oct 2011

    This past weekend´s Eurozone summit seems to have achieved some progress but it remains to be seen if enough to content markets, with almost all decisions having been deferred until Wedndesay.

  • London pre-open: Thumbs up for Brussels meeting

    Monday 24 Oct 2011

    Continued progress towards a resolution to the Eurozone debt crisis has put traders in a happy frame of mind at the start of the week, and City sources predict the FTSE 100 will open up 50 points or so from Friday's close of 5,489.

  • IHG fills more rooms in third quarter

    Monday 24 Oct 2011

    Holiday Inn and Crowne Plaza owner InterContinental Hotels Group (IHG) has revealed details of its third quarter performance in the Americas, showing that it was able to fill more rooms in the three months to 30 September.

  • Commodities: Crude rises ahead of EU summit

    Monday 24 Oct 2011

    Crude oil futures rose 1.6% on Friday on optimism ahead of a weekend summit of European leaders with the aim of resolving the euro debt crisis.

  • FX round-up: Euro bounces in eve of EU talks

    Monday 24 Oct 2011

    The dollar turned sharply lower against the euro and the yen on Friday as investors unwound positions ahead of the weekend's EU summit.

  • Sunday tips round-up: Go-Ahead, Aggreko, and Regenersis

    Monday 24 Oct 2011

    “There was some disappointing news last week for bus and train operator Go-Ahead Group – but it was not a major disaster. The company failed to win the Greater Anglia franchise, which runs out of Liverpool Street station in London. (...) However, the contract is only for 17 months. This is a sure sign that the coalition Government has not got its transport policy fully formulated as of yet. At

  • Monday newspaper round-up: Greece, Italy, Google...

    Monday 24 Oct 2011

    Leading banks are at loggerheads with European leaders after lenders offered to accept losses of up to 40pc on their Greek debt holdings, a proposal seen as insufficient by politicians. The offer – an increase on the banks' previous proposal of a 21pc 'haircut' – is set to trigger a tense period of negotiations and could determine the success of a crucial European summit on Wednesday. The IMF is

  • US close: Strong finish ahead of EU meeting

    Friday 21 Oct 2011

    US stocks surged on Friday, with both the S&P 500 and the Dow hitting levels not seen since early August, as markets finished the week in an optimistic mood ahead of a crucial meeting in Europe.

  • Europe close: Strong finish, all eyes on Brussels

    Friday 21 Oct 2011

    A late surge cemented gains on European markets, with the major benchmarks finishing the day between 2.8% and 3.5% higher, as investors headed into the weekend with optimism that Eurozone leaders can bring some much-needed good news when markets re-open on Monday. After an already strong start on the continent, the bullish mood was helped by an impressive morning on Wall Street, with the Dow

  • London close: Strong finish ahead of EU summit

    Friday 21 Oct 2011

    London's blue chip index soared higher on Friday, with an extra boost being given by a decent start on Wall Street, as investors headed into the weekend with optimism that Eurozone leaders can bring some much-needed good news when markets re-open on Monday.

  • Broker snap: Thomas Cook bank deal gives breathing space, says Peel Hunt

    Friday 21 Oct 2011

    Thomas Cook's shares rocketed on Friday after the travel group revealed a new bank deal, which Peel Hunt says gives the company a little "breathing space".

  • Verizon beats estimates in third quarter

    Friday 21 Oct 2011

    Broadband and telecoms giant Verizon Communications revealed that adjusted earnings per share (EPS) were $0.56 in the third quarter, narrowly beating the $0.55 expected by consensus.

  • Sector movers: Petrofac leads oil services sector higher

    Friday 21 Oct 2011

    Every sector was flat or making gains on Friday, as investors headed into the weekend with hopes that Eurozone leaders will begin drafting out plans to battle the ongoing debt crisis in the region.

  • Sector movers: Petrofac leads oil services sector higher

    Friday 21 Oct 2011

    Every sector was flat or making gains on Friday, as investors headed into the weekend with hopes that Eurozone leaders will begin drafting out plans to battle the ongoing debt crisis in the region.

  • Sector movers: Petrofac leads oil services sector higher

    Friday 21 Oct 2011

    Every sector was flat or making gains on Friday, as investors headed into the weekend with hopes that Eurozone leaders will begin drafting out plans to battle the ongoing debt crisis in the region.

  • UPDATE: Eurozone to merge both rescue funds?

    Friday 21 Oct 2011

    instead of substituting the €440bn European Financial Stability Fund in mid-2013 with the €500bn European Stability Mechasnism, a consensus is emerging on merging the two funds, according to Bloomberg News.

  • US open: Shares up on euro hopes

    Friday 21 Oct 2011

    Shares in the US are up on hopes the Eurozone will finally find a solution to its debt crisis.

  • FTSE 100 Movers: Intercontinental Hotels leads the rise

    Friday 21 Oct 2011

    Crowne Plaza and Holiday Inn owner Intercontinental Hotels was top of the leader board after Morgan Stanley included the stock in its list of "high conviction shares".

  • Halosource lowers revenue guidance

    Friday 21 Oct 2011

    HaloSource, the clean water and antimicrobial technology company, has revised its previously provided revenue guidance for the full 2011 year to a range of $12-13m.

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