Business

PPG abandons pursuit of Dulux firm AkzoNobel

PPG abandons pursuit of Dulux firm AkzoNobel

Akzo shares were trading 1.7 percent lower at 73.20 euros by 0955 GMT (5:55 a.m. ET). The maker of Dulux paints cited "risks and uncertainties inherent in PPG's proposal" as it rejected the takeover offer, concluding that its own strategy offered a "superior route to growth and long-term value creation".



Ford tops GM in US vehicle sales in May, driven by fleets

Some buy side analysts are also providing their Analysis on General Electric Company, where 5 analysts have rated the stock as Strong buy, 4 analysts have given a Buy signal, 6 said it's a HOLD, 1 reported it as Underperform and 1 analysts rated the stock as Sell.


BlackBerry up nearly 11% after report says it's a likely acquisition target

BlackBerry up nearly 11% after report says it's a likely acquisition target

BlackBerry Ltd's Wall Street analysts see 100.00 % negative EPS growth, taking into account the $-0.01 EPS reproted in the previous quarter, About 8.31 million shares traded or 2.21% up from the average. BlackBerry had a negative net margin of 93.19% and a negative return on equity of 3.62%. During the same period a year ago, the business posted ($0.03) EPS.



Future to be decided after FA Cup final

ARSENE Wenger's future as Arsenal manager will be decided at a Gunners board meeting after the FA Cup final against Chelsea on May 27. Sanchez is an injury doubt for Saturday after limping off in the final Premier League game of the season, Sunday's victory over Everton , with a thigh problem.



British pound in thrall to election projections as market jitters rise

But a shock new projection in The Times newspaper forecast that the Conservatives could lose their majority in the 650-seat House of Commons. Sterling GBP=D3 traded half a percent lower against the U.S. The Electoral Calculus website, which predicts the results based on polls and electoral geography, said May would win 371 seats and Labour 205 seats.



British PM May looks 9 seats short of parliament majority - YouGov

The latest model has been met with scepticism by both the Tories and Labour. Labour appears to be hoovering up Lib Dem votes - as Tim Farron's pro-Brexit party is down two points, putting them level with UKIP on 7%. "The movement in the polls over this campaign is bigger than in any election I've covered since 1945", veteran poll watcher David Butler said on Twitter.