Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.
Breaking pre-market news on Thursday:
- Tesco says UK sales down for a fourth month in a row — statement.
- Imperial Leather soap maker PZ Cussons warns on profits — statement.
- Mulberry says half year profits up 231 per cent — statement.
- Standard Chartered expects double digit growth in pre-tax profits this year; implying profits of at least $6.7bn; impairments expected to be below 2010 level — statement.
- Guyenne et Gascogne in talks with Carrefour over business combination; Carrefour looking to buy Beau’s family 21.3 per cent stake – statement.
- Tullett Prebon says chief operating officer has resigned — statement.
- TomTom to cut 10 per cent of its workforce — statement.
- GE Asset Management to sell 50m shares in London & Stamford — statement.
- Caretech ends strategic review; MBO team unable to table offer — statement.
- Envelope containing explosive powder sent to Josef Ackermann — report.
- Corporate: AstraZeneca, Cairn Energy, Premier Farnell, Marwyn Capital II, Bango, Rockhopper Exploration, Beacon Hill Resources, Sutton Harbour, OAO Severstal, Ashtead, Evraz, Bumi.
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