|Pretty Girls and Railroads||-0.03%|
|Widows and Orphans||-0.11%|
|Climbers and Dogs||-0.59%|
Perrigo / Elan: tax shopping
Jul 29 2013 16:34 BST
Remember the quaint old days, when mergers aimed for cost savings? Ah, the deals of yesteryear. It is all about taxes now. When Actavisbought Ireland-based Warner Chilcott earlier this year, the lower tax rate in the target's domicile was a key attraction. Perrigo, a US generic drugmaker, is also moving....
Mortgage Reits suffer on rate rise fears
Jul 29 2013 15:57 BST
Deteriorating prices for US agency mortgage-backed securities are driving steep declines in real estate investment trusts that invest in the bonds, even as the broad market for fixed income and equities has rallied after a May sell-off. Shares in the two largest mortgage Reits by market capitalisation, Annaly Capital Management...
BAT is first tobacco company to enter UK's e-cigarette market
Jul 29 2013 15:48 BST
British American Tobacco will become the first tobacco company to launch an e-cigarette in the UK, as City analysts debate the likely effect of the new category on the UK's $24bn cigarette industry. The UK's largest tobacco company by market capitalisation will start selling "Vype" from a dedicated website on...
Cash call fears knock Barclays shares
Jul 29 2013 09:48 BST
Shares in Barclays made the biggest single loss on the FTSE 100 on Monday amid reports the UK bank will outline a plan to boost its capital strength - potentially including a £4bn rights issue. Barclays is under pressure to disclose how it will address a capital shortfall of as...
Apple supplier accused of labour violations
Jul 29 2013 09:28 BST
A China labour watchdog has accused Pegatron, a big supplier to Apple, of employing underage workers and pressuring employees to work illegal overtime in its factories. In a new report, New York-based China Labor Watch said Pegatron's factories were "violating a great number of international and Chinese laws and standards...
|Gainers||Today's Market Change|
Elan Corporation PLC
Alaska Communications Systems Group Inc
Cellcom Israel Ltd
|Losers||Today's Market Change|
Reynolds American Inc
Minnesota Municipal Income Portfolio
Canadian Pacific Railway Ltd
Hatteras Financial Corp