Stocks across Europe fell as weak corporate growth and profitability were forecast in the USA by a survey at the Philadelphia Federal Reserve. Wall Street extended losses overnight, affecting confidence of global markets as the worlds largest consumer country stuttered.The FTSE 100 fell near 1 percent mid morning on worries about that a global...
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Comparisons between the recent activity at Hewlett Packard and the Watergate affair are almost too tempting to resist. Late yesterday it became apparent that investigation into the bugging of fellow board members, staff and journalists was leading straight to the top. The Washington Post reported that Mark Hurd, CEO of Hewlett Packard was implicated...
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BAE Systems PLC has had its outlook raised to stable from negative by ratings agency Moody’s. The change in outlook reflects a combination of reduced debt, positive prospects for increased cash flow in light of recent contract awards, and reduced uncertainty regarding the impact of BAE’s recommendation to its shareholders to approve the sale...
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