Corus to anounce £2 billion loss...a huge amount but is expected...but the axing of more jobs and the company losing capacity will be the bone shaker again....is the price a fair reflection of the business or will it fall even from here?....and could this mean the company spplitting itself up to...
BP and the other oil majors were all downgraded yesterday because of the oil prices having reached their spike and companies valuations at historical highs.
So says JP Morgan.
But they discovered yesterday in the US that oil inventories are rapidly evaporating and oil by the close has now risen...
The market here and across the atlantic will be waiting to hear what has happened in the class action being taken against the largest tobacco company in the world on Monday as smokers seek to claim a collosal $7 billion from them.
Might see some further crashing if it goes against them...but...
The oldest insurer in the world is again back down could they be heading towards the grave?
The bears will say yes but a new era is coming for them as a new CEO takes charge and now that all the horrible truth is out,there was no gapping 1.5 billion pound hole in their pension fund just a half...
Britannic gave the news that the market was expecting and all the losses were seen but the massive bounce back is on a possible bid and brokers saying that valuations are attractive.
Is this just the big guys just tarting up the share so they can dump it or could there be a genuine interest from...