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News for companies in your portfolios
Ex-Daigeo chief executive Paul Walsh is Compass Group's chairman
Jun 20 2013 08:53 BST
Paul Walsh is poised to switch his attentions from the drinks cabinet to catering, after the former chief executive of Diageo on Thursday took up a new role as chairman of Compass Group. Mr Walsh, who headed the maker of Guinness stout and Tanqueray gin for more than a dozen...
Fab.com value tops $1bn
Jun 19 2013 23:47 BST
Fab.com, an online design store, has raised $150m in financing, making it the latest start-up to join an elite selection of technology companies valued at more than $1bn. The New York-based, two-year old ecommerce company joins Instagram, Tumblr and Waze, which were each valued at $1bn when they were acquired...
Microsoft to scrap Xbox One restrictions
Jun 19 2013 23:42 BST
Microsoft will remove unpopular restrictions on use of its forthcoming Xbox One games console in another embarrassing climbdown after its Windows 8 debacle. Don Mattrick, president of Microsoft's Interactive Entertainment Business, said in a blog post that it was removing a requirement for a frequent internet connection and restrictions on...
Innovation: Pharmaceutical groups become victims of their own success
Jun 19 2013 22:11 BST
Every few months, the Hever Group - an informal gathering of the heads of research and development at the large pharmaceutical companies - comes together for what Jan Lundberg of Eli Lilly jokes is a collective crying session. After the burst of productivity in drug development that followed the second...
Lombard: FTSE 100 chair shortage provides chance to diversify
Jun 19 2013 21:22 BST
If you could buy futures on wise old owls qualified to become FTSE 100 chairmen, prices would be trending higher. At least nine posts are vacant or could be due for a change of incumbent. Sir Roger Carr's switch to BAE Systems from Centrica will leave the energy business with...
|Gainers||Today's Market Change|
Prothena Corporation PLC
|Losers||Today's Market Change|
Canadian Pacific Railway Ltd
Eaton Vance Tax-Advantaged Bond and Option Strategies Fund
Reynolds American Inc
Altria Group Inc