Pearson fights takeover talk »Scardino, who turns 60 on Wednesday, said the group had made record profits in 2006 and told City analysts that earnings would be at the top end of their expectations.
She refused to comment on the growing bid rumours, which saw Pearson shares hit a four-and-a-half year high last week on reports that US private-equity group KKR was lining up a 7bn bid for the Penguin and Financial Times group.
City earnings-per-share forecasts had until today ranged from 36.1p to 40p. In headline profit terms,...
Posted in shopping | Wednesday, February 28th, 2007 | Trackback
Furnace and stove oil went up by 4.5 cents per litre at midnight on P.E.I. in the end of month price adjustment by the Island Regulatory and Appeals Commission.
That puts furnace oil at an average 69.5 cents per litre. IRAC notes says the price of a barrel of crude oil has increased by $6 since the mid-month price adjustment.
The price of gasoline remains the same, however, and propane prices are down by 2.0 cents per litre.
NEW YORK (AP) - The Energy Information Administration on Wednesday reported a larger-than-expected draw on stocks of heating oil and diesel fuel, while inventories of crude oil continued to rise.
The EIA reported crude inventories rose by 1.4 million barrels to 329 million barrels for the week ending Feb. 23 — roughly in line with the market forecast. Analysts expected crude stocks to rise by 1.2 million barrels, according to a Dow Jones Newswires survey.
Crude inventories are at the...
Whose Video Is It, Anyway? »When YouTube Inc. was sued on July 14 for copyright infringement, the shock wasn’t that the video-sharing service was being yanked into court. Questions had been swirling for months about whether the upstart, which now dishes up 100 million daily videos, was crossing copyright boundaries by letting its members upload videos with little oversight. What was surprising was that it was an individual who fired the first shot — Robert Tur, an independent photographer famous for filming the...
Posted in | Friday, February 2nd, 2007 | Trackback
Furnace and stove oil went up by 4.5 cents per litre at midnight on P.E.I. in the end of month price adjustment by the Island Regulatory and Appeals Commission.
That puts furnace oil at an average 69.5 cents per litre. IRAC notes says the price of a barrel of crude oil has increased by $6 since the mid-month price adjustment.
The price of gasoline remains the same, however, and propane prices are down by 2.0 cents per litre.
European Union legislators are due to meet with national authorities and consumer groups to discuss a proposed continentwide ban on smoking in restaurants, bars and public spaces.
EU Health Commissioner Markos Kyprianoupresented a discussion paper Tuesday calling for the ban. As of Thursday, smoking in offices and public buildings will be banned in France. The country expects to extend the ban to restaurants, hotels and casinos by 2008.
(Francois Mori/Associated Press)
“Smoke-free...
