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FTSE 100 movers: RBS leads financials lower

Mon, 20th Jun 2011 16:01

Financials are among the fallers over concerns of a possible Greek default, as Europe's finance ministers remain at loggerheads over dishing out a chunk of the €110bn bailout money agreed last year for the country. RBS, Man Group, Hargreaves Lansdown and Schroders were the worst four performers as of Monday afternoon. Lloyds and Barclays are also heading lower.Temporary power and temperature control provide Aggreko is also providing a drag despite seeing an acceleration in the rate of underlying growth in the second quarter.Packaging giant Rexam is unwanted after agreeing to sell its closures business for $360m (£222m) as it seeks to pay back its debts. Power systems colossus Rolls-Royce is lower after bagging the contract to provide engines for an enhanced version of the Airbus A350-1000 aircraft. Also underwhelming after a contract win is business services group Capita, after signing a £100m contract with the Driver and Vehicle Licensing Agency (DVLA).Inmarsat, the satellite engineer is the highest riser of the day, gaining 4.6%. Airline IAG and telecoms titan Vodafone are also wanted.InterContinental Hotels Group is edging higher after selling - but still agreeing to manage - its 210-room Hotel Indigo San Diego to Chesapeake Lodging Trust for $55.5m (around £34.2m), in line with its strategy to grow its management and franchise businesses whilst reducing capital intensity. ---BC
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19 Feb 2015 08:20

Rexam agrees to £5.4bn takeover, predicts tough year ahead

The board of drinks packaging group Rexam has agreed a £5.4bn takeover by US rival Ball Corporation, a much larger higher valuation than had been expected by the market. Rexam's management has unanimously recommended the 628p-per-share offer by New York-listed Ball, made up of 407p in cash and 0.045

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19 Feb 2015 07:16

Can maker Rexam gets $6.85 bln offer from US rival Ball

Feb 19 (Reuters) - British drinks can maker Rexam Plc said U.S. rival Ball Corp had made a cash-and-stock offer that valued the company at about 4.43 billion pounds ($6.85 billion). Rexam, which makes cans for Coca-Cola and RedBull, said under the 628 pence per share offer, its shareholder

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19 Feb 2015 06:23

UK Earnings, Trading Statements Calendar - Week Ahead

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18 Feb 2015 19:31

Ball closes in on Rexam deal

US packaging giant Ball is closing in on a deal to buy sector peer Rexam, in a move that would give see it become the world's largest can maker. According to sources cited by MarketWatch, the Colorado-based company and Rexam could be announced by the end of the week. Earlier in February, the group

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18 Feb 2015 18:44

Ball Corp, Rexam deal likely this week - WSJ

Feb 18 (Reuters) - Beverage can maker Ball Corp is close to a deal to buy UK-based Rexam Plc this week, according to people familiar with the matter, the Wall Street Journal reported. Rexam said on Feb. 5 it was in talks with Ball Corp for a cash-and-stock deal that valued Rexam at 610 penc

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18 Feb 2015 18:18

MEDIA-Ball nearing a deal to buy Rexam - WSJ

-- Source link: (http://on.wsj.com/1AlI6cQ) -- Note: Reuters has not verified this story and does not vouch for its accuracy

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18 Feb 2015 16:18

UK Earnings, Trading Statements Calendar - Week Ahead

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18 Feb 2015 12:39

UK MIDDAY BRIEFING: UK Jobless Rate Falls Even As Inflation Weakens

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18 Feb 2015 06:16

UK Earnings, Trading Statements Calendar - Week Ahead

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17 Feb 2015 16:06

UK Earnings, Trading Statements Calendar - Week Ahead

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17 Feb 2015 06:16

UK Earnings, Trading Statements Calendar - Week Ahead

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16 Feb 2015 16:00

UK Earnings, Trading Statements Calendar - Week Ahead

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16 Feb 2015 06:16

UK Earnings, Trading Statements Calendar - Week Ahead

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13 Feb 2015 15:54

UK Earnings, Trading Statements Calendar - Week Ahead

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13 Feb 2015 06:15

UK Earnings, Trading Statements Calendar - Week Ahead

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