Â£4-a-share pledge from M&S chief
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Stuart Rose, chief executive of retailer Marks & Spencer, vows to return the firm's share price to Â£4 - or admit failure.
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Shares in the retailer (UK:HMV: news, chart, profile) were last up 3 percent to 253.5 pence in London trade. HMV said it will invest around 10 million pounds to launch and market the online digital music store
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Renders to be realised next spring, firm pledges
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Vodafone Group Plc plans to hand 6.0  billion pounds ($11.12 billion) back to shareholders this year  after doubling half-year and full-year dividends and boosting a  multi-billion pound share buy-back program.
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Marks &amp; Spencer today set the price for its record share buyback above market expectations, at 362p per share. The retailer said demand for the Â£2.
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Business & money: Proposed Â£10.6bn takeover of supermarket group moves a step closer.
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Marks &amp; Spencer, whose sales have dropped for the fourth straight quarter, has priced a 2.3 billion pound share buyback offer in a 332-380 pence per share range.
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AMSTERDAM -- Steel tycoon Lakshmi N. Mittal yesterday said he would pay $4.5 billion in cash and stock for US steelmaker International Steel Group Inc., which had been cobbled together by onetime investment banker Wilbur L. Ross Jr. from mills whose parents landed in bankruptcy court.
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British billionaire adds to stake even after a big-fourth-quarter loss.
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Multiplex Group, Westfield Group and the billionaire brothers Simon and David Reuben lodged a formal 585 million-pound ($1.05 billion) cash offer for Chelsfield Plc, meeting a deadline to win support from the company&#39;s owners.
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Vodafone Group Plc plans to hand 6.0 billion pounds (&#36;11.12 billion) back to shareholders this year after doubling half-year and full-year dividends and boosting a multi-billion pound share buy-back program.
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The billionaire owner of retail group Arcadia today earned himself a massive Â£460m bonus, after the company repaid its entire Â£808m debt, four years ahead of schedule.
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Billionaire gives beleaguered European reinsurer and peers a vote of confidence with 3% investment.
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With news that the London Stock Exchange (LSE) has knocked back a Â£1.35bn offer from its German rival Deutsche Boerse, the ordinary shareholder may be wondering what lies ahead.
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John Stanhope, chief financial officer of Telstra Corp., speaks at a news conference from Melbourne about the company&#39;s offer to buy back shares for as much as A$4.
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Business & money: Â· Store group challenges Tesco view on pricesÂ· Pledge to give a better deal to smaller suppliers
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M&S chief executive believes UK is divided: between rich who live inside the M25 - and the rest