Collins Stewart raises Â£55m to help funding of Prebon buy
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The London-based brokerage Collins Stewart Tullett placed Â£55m of new shares yesterday to help fund the Â£69.5m purchase of the money and futures broker Prebon.
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Sport: After securing Â£350m refinancing package, Liverpool's owners finally offer support to BenÃ­tez
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Deka's property fund arm is selling the building for close to 375m ($502m) as part of an emergency 700m programme to stabilise its property fund operations after a mass outflow of funds, including 1.7bn from ...
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Barclays Bank announces a record pre-tax profit of Â£7.14bn in 2006 - up by 35% on the previous year.
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Ford Motor Co.  plans to raise the amount of a borrowing plan to roughly $22 billion to $23 billion from an original $18 billion, as it increases the size of a revolving credit line and a convertible note sale.
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NEW YORK Martha Stewart is asking the company she founded to cover her three-point-seven (m) million-dollar legal bill. Martha Stewart Living Omnimedia Incorporated disclosed the request yesterday in a regulatory filing.
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Gallaher Group, the maker of the Benson & Hedges brand in Europe, said it had received an offer of Â£7.5 billion ($14.7 billion).
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Lloyds TSB reports an 11% rise in pre-tax profits to Â£4.25bn for 2006, but predicts a "challenging" 2007.
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Winners of April's Boston Marathon will go home a little richer this year, as chief sponsor John Hancock Financial Services yesterday announced an increase in prize money.
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The pound gained some support Friday after manufacturing PMI data for the UK beat expectations with a rise to 54.9, from April&#39;s revised 54.1, sources said.
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Barclays Bank announces a pre-tax profit of Â£7.14bn in 2006 - up by 35% on the previous year.
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Bear Stearns Cos. Inc.  on Friday said it would provide up to $3.2 billion in financing for a struggling hedge fund it manages, raising concern about other funds that invested in bonds linked to subprime mortgages.
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Plans for a massive offshore deep water wind farm gain Â£6m support in government funding.
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Staff at retailer John Lewis are to share a Â£155m bonus pot after it reports a  27% rise in pre-tax profits.
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Japan's Nomura Holdings Inc  is in talks with Collins Stewart Plc  about a takeover that could value the British broker at more than 700 million pounds ($1.41 billion), Britain's Sunday Telegraph newspaper reported on Sunday.
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News of Archstone-Smith Trust's buyout has given the entire industry a needed boost.
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The Royal Bank of Scotland (RBS) reports a pre-tax profit of Â£9.2bn for 2006 - 11% up on the previous year.