Reckitt Benckiser Agrees GBP2.54B Offer For Durex Maker SSL
21st Jul 2010 07:11
LONDON (Dow Jones)--Household products maker Reckitt Benckiser Group PLC (RB.LN) Wednesday said it agreed a 1,163 pence offer for SSL International PLC (SSL.LN), valuing the Durex maker at GBP2.54 billion. Reckitt said the acquisition of SSL would add Durex and School footcare products to its st
Read moreReckitt snaps up SSL for £2.5bn
21st Jul 2010 07:09
After years of rumour and speculation, one of the market's most widely tipped takeovers is about to come to fruition after condom and footcare group SSL agreed an all-cash bid from Reckitt Benckiser. Reckitt is to pay SSL shareholders 1,163p per share with a final dividend taking the total up to 1,
Read moreReckitt Benckiser Gp Offer For Ssl International Plc
21st Jul 2010 07:00
earnings per share for the year to 31 December 2010 and subsequent reporting periods will necessarily be greater than Reckitt Benckiser's earnings per share reported for the year ended 31 December 2009. This information is provided by RNS The company news service from the London Stock E
Read moreUK MARKET TALK ROUNDUP: SHARES GAINING
16th Jul 2010 09:53
Stocks on the rise in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 0853 GMT [Dow Jones] Investec upgrades Reckitt Benckiser Group (RB.LN) to buy from hold. Is surprised by the share price w
Read moreMARKET TALK: Investec Upgrades Reckitt Benckiser To Buy
16th Jul 2010 09:53
0853 GMT [Dow Jones] Investec upgrades Reckitt Benckiser Group (RB.LN) to buy from hold. Is surprised by the share price weakness since the 1Q results and says the de-rating presents a buy opportunity for investors. Says Reckitt continues to deliver organic growth in its base business, and its super
Read moreMARKET TALK: ABB, Credit Suisse Among Top Execution Nobel Picks
6th Jul 2010 11:18
1018 GMT [Dow Jones] Execution Nobel's top European picks going into the third quarter are ABB (ABB), Aviva (AV.LN), Cable & Wireless (CWC.LN), Centrica (CNA.LN), Credit Suisse (CS), Finmeccanica (FNC.MI), H&M (HM-B.SK), Lloyds (LYG), Mitchell & Butlers (MAB.LN), Prysmian (PRY.MI), Reed Elsevier (EN
Read moreMARKET TALK: ING Upgrades Reckitt Benckiser To Buy From Hold
29th Jun 2010 07:01
0601 GMT [Dow Jones] ING upgrades Reckitt Benckiser (RB.LN) to buy from hold, and raises its price target to 3700p from 3400p. Thinks the recent contraction in the price to earnings ratio offers an excellent long-term entry point. Thinks at a '11 PER of 15x, Reckitt is more than discounting potentia
Read moreUK MARKET TALK ROUNDUP: BROKERS COMMENTS
29th Jun 2010 07:01
Broker comments in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 0601 GMT [Dow Jones] ING upgrades Reckitt Benckiser (RB.LN) to buy from hold, and raises its price target to 3700p from 3400p
Read moreinside-analytics.com / Weekly Top 10 European Insider Transactions
21st Jun 2010 08:07
inside-analytics.com / Roundup for the largest European Directors' Dealings for the reporting week from 13 to 20-June-2010 Top 10 Largest Directors' Purchases: 1) ATLANTIA SPA Insider: SINTONIA S.A. Insider Relation: Legal Person Transaction Date: 14 - 31-May-2010 Transaction Volume: 58.519 mln e
Read moreUK MARKET TALK ROUNDUP: BROKERS COMMENTS
17th Jun 2010 07:15
Broker comments in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 0615 GMT [Dow Jones] Royal Bank of Scotland upgrades Reckitt Benckiser (RB.LN) to buy from hold, and raises its price target
Read moreMARKET TALK: RBS Upgrades Reckitt Benckiser To Buy From Hold
17th Jun 2010 07:15
0615 GMT [Dow Jones] Royal Bank of Scotland upgrades Reckitt Benckiser (RB.LN) to buy from hold, and raises its price target to 3600p from 3375p. Notes the continued absence of generic competition for Suboxone as well as more favorable forex rates. Expects 2Q to show continued good progress in the b
Read moreWetherspoon chief exec sells
14th Jun 2010 16:36
John Hutson, the chief executive of pub operator JD Wetherspoon, has sold nearly one-third of his shareholding in the company. Hutson sold 30,000 shares at 429p each, which leaves him with 61,628 shares. This is the second sale in less than three months. He sold 20,000 shares at 516.8p a share e
Read moreFriday newspaper round-up: Hung parliament predicted, Labour talking to LibDems
7th May 2010 06:30
In the UK election, the Tories are on course to be largest party but set to fall short of majority, as David Cameron's party fails to take many key target seats. Labour is pushing to form coalition with Lib Dems. The latest polls (at 6.00am) suggest the Tories will end up with 309 seats, Labour on 2
Read moreLondon close: Footsie slumps on eventful day
27th Apr 2010 16:31
Footsie was deep in the red at trading's close after credit rating downgrades for Greece and Portugal added to already substantial losses, with miners among the stocks posting heavy falls. With oil and metals prices in retreat as fears grow about potential delays in financial aid reaching Greece re
Read moreFTSE 100 movers: Reckitt leads market down
27th Apr 2010 15:10
Disappointing results from household products supplier Reckitt Benckiser make it one of the poorest performers on the day. Only hedge fund firm Man Group has fallen further. Reckitt reported a rise in earnings and sales for the first quarter. The firm said operating profits rose by 14% to £461m. R
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