|Pretty Girls and Railroads||+0.09%|
|Widows and Orphans||-0.03%|
|Climbers and Dogs||-0.34%|
Twitter hands over data to French prosecutors
Jul 12 2013 14:54 BST
Twitter has handed over user data to French prosecutors to help them identify the authors of a spate of anti-semitic and other racist and homophobic messages in a move to settle a bitter legal dispute. The US company, which habitually resists demands to reveal information about its users, said on...
Letter from Lex: not OK computer
Jul 12 2013 14:30 BST
In 1943, IBM's chairman allegedly made a bold prediction that the world market for computers would reach a grand total of five machines. He was off by a few hundred million, but the market is now slowly shrinking. That is bad news for the likes of Microsoft, Lenovo, Seagate and...
Lack of size and focus put Invensys in play
Jul 12 2013 13:20 BST
Slightly too small, lacking in focus and constrained by its pension deficit to develop a long-term strategy. These are the reasons, analysts say, why engineering group Invensys has long been the subject of acquisition rumours. Yet the latest approach by Schneider Electric, giving the company an enterprise value of £3.3bn,...
Invensys: a change in controls
Jul 12 2013 12:31 BST
Le moment est tout. And France's Schneider Electric has picked its timing nicely with its bid approach to Invensys. The UK company is now shorn of its former rail division, sold to Siemens in November for £1.7bn. That deal went a long way to resolving Invensys' historic pension problems, seen...
JPMorgan withstands slowdown concerns
Jul 12 2013 12:24 BST
JPMorgan Chase reported net income of $6.5bn in the second quarter, beating analysts' estimates and surpassing its performance in the same period last year. The largest US bank by assets kicked off Wall Street's second-quarter earnings season, with what Jamie Dimon, chief executive, celebrated as a "strong performance across our...
|Gainers||Today's Market Change|
Walter Investment Management Corp
Prothena Corporation PLC
|Losers||Today's Market Change|
Och-Ziff Capital Management Group LLC
Verizon Communications Inc
General Electric Co
Resource Capital Corp