Financial News

Get Airmiles With Your Mortgage ( Fool.co.uk ) Sun 11 May, 03:02 PM
Lloyds TSB has launched an 'airmiles mortgage.' Is it a gimmick or a genuinely good deal?

Use This Credit Card To Beat The Crunch ( Fool.co.uk ) Sun 11 May, 02:45 PM
Are you paying too much interest on your debts? This credit card could help you through the hard times ahead.

More Women Becoming Entrepreneurs ( Sky News ) Sat 10 May, 10:11 AM
More and more women are setting up in business in order to get more flexibility between work and home life, a new survey reveals.

Chain Recalls Eggs Over Lead Fears ( Sky News ) Sat 10 May, 09:47 AM
Supermarket chain Waitrose has recalled batches of organic eggs over fears that they may have been contaminated with lead.

Sweet Comeback For An Old Favourite ( Sky News ) Sat 10 May, 08:31 AM
No longer just a sweet memory, an old British favourite is back after a decade away.

Telecom Italia Q1 net slips to 501 mln euros as operating profits worsen UPDATE ( AFP ) Fri 09 May, 05:50 PM
(Updates with clarification that company wants to remain present in Germany)

Sotheby's swings to surprise 1Q loss on fall in auction commissions ( AFP ) Fri 09 May, 12:46 PM
LONDON (Thomson Financial) - Sotheby's Inc. said Friday it swung to a first-quarter loss of $12.4 million, or 19 cents a share from a profit of $24.3 million, or 37 cents a share in the same quarter a year ago.

Cinemark Holdings 1Q net income misses Wall Street estimates ( AFP ) Fri 09 May, 12:20 PM
LONDON (Thomson Financial) - Cinemark Holdings Inc. said Friday first-quarter net income fell to $5.3 million, or 5 cents a share from $118.2 million, or $1.28 a share in the same quarter a year ago.

GateHouse Media posts much wider-than-expected 1Q loss ( AFP ) Fri 09 May, 11:36 AM
LONDON (Thomson Financial) - GateHouse Media Inc (NYSE: GHS - news) . said on Friday that its first-quarter net loss widened to $28.8 million, or 50 cents a share, from a loss of $6.08 million, or 16 cents a share in the same quarter a year ago.

India's Kotak Mahindra Bank FY net profit up 84 pct on 76 pct rise in revenue ( AFP ) Fri 09 May, 10:47 AM
MUMBAI (Thomson Financial) - India's Kotak Mahindra Bank Ltd. posted an 84 percent rise in full-year net profit on a 76 percent rise in total revenue and said, as at May 8, its customers had negative marked-to-market exposures of about 6.12 billion rupees due to forex derivatives transactions.

Friday tips round-up: Diageo, Lonmin, RSA ( ShareCast ) Fri 09 May, 07:00 AM
Spirits giant Diageo does not want to be regarded as a defensive stock (a good reputation for now, but not racy enough in a bull market). However, broker Merrill Lynch reckons that is exactly why investors should pile in. A prolonged financial crisis would kybosh the group's defensive qualities, but others will suffer long before Diageo does. Buy says the Independent.

Thursday tips round-up: British American Tobacco, BHP Billiton, International Power ( ShareCast ) Thu 08 May, 05:56 AM
In the satirical movie Thank You For Smoking the boss of a tobacco lobbyist sums up by saying: "We don't sell tic tacs, we sell cigarettes. And they're cool, available, and 'addictive'. The job is almost done for us." British American Tobacco (BAT) will always have a market and good cash generation, and should rise out a consumer slowdown in the wider market. Buy, says the Independent.