TSB Banking Group 230.3p. Questor says SELL. Winning new customers. TSB is winning plenty of new customers and profits are rising sharply, but the shares should be given a wide berth by long-term investors.
Tesco shares fell to their lowest level in more than 11 years on Friday after the retailer's credit rating was downgraded and news emerged that an institutional shareholder had sold off his stake.
Monarch Airlines has agreed a rescue deal which will see an investment firm pumping more than �100 million into the company, but also involves pay cuts of up to 30 per cent for staff and hundreds of redundancies.
Shire PLC Chief Executive Officer Flemming Ornskov was preparing for a meeting in Chicago on the integration of his company with AbbVie Inc. when he got the news that AbbVie was reconsidering the $52 billion takeover.
Dublin-based C&C Group plc suffered an 11% fall in its share price after the English pub and restaurant firm Spirit Pub Company plc rejected its �760 million takeover bid on Friday.