News: Inmarsat plc (ISA.L)

ISA.L on London Stock Exchange

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Thu, Nov 12 2009

PRESS DIGEST - British business - Nov CORRECTION

British Airways and Iberia have agreed a merger deal that will create Europe's largest airline. The deal is expected to trigger cost saving measures at both airlines with job losses at head offices in London and Madrid, maintenance facilities and among sales staff. The value of the combined airline will be 4.5 billion pounds ($7.46 billion). BA shareholders will control 56 percent of the new group and Iberia the rest. Under the terms of the deal, BA will be incorpor

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PRESS DIGEST - British business - Nov 13

British Airways and Iberia have agreed a merger deal that will create Europe's largest airline. The deal is expected to trigger cost saving measures at both airlines with job losses at head offices in London and Madrid, maintenance facilities and among sales staff. The value of the combined airline will be 4.5 billion pounds ($7.46 billion). BA shareholders will control 56 percent of the new group and Iberia the rest. Under the terms of the deal, BA will be incorpor

PRESS DIGEST - British business - Nov CORRECTION

British Airways and Iberia have agreed a merger deal that will create Europe's largest airline. The deal is expected to trigger cost saving measures at both airlines with job losses at head offices in London and Madrid, maintenance facilities and among sales staff. The value of the combined airline will be 4.5 billion pounds ($7.46 billion). BA shareholders will control 56 percent of the new group and Iberia the rest. Under the terms of the deal, BA will be incorpor

New Issue-Inmarsat Finance sells $650 mln in 8-yr notes

Nov 12 (Reuters) - Inmarsat Finance on Thursday sold $650 million of senior unsecured notes in the 144a private placement market, said IFR, a Thomson Reuters service.

FTSE closes at three week high

LONDON (Reuters) - The FTSE 100 hit its highest close in three weeks on Thursday as British Airways soared with investors cheered as a merger with Iberia looked imminent, while gains were also powered by strength in banks. | Video

FTSE closes at 3 week high, BA soars

* FTSE closes up 0.2 percent, retreats from 13 month high

STOCKS NEWS EUROPE-Immoeast up after MSCI add

Austria's Immoeast rises 5.4 percent to 4.65 euros in high volumes after it is added to the MSCI Standard Index Europe.

STOCKS NEWS EUROPE-Shares pare gains as Wall St opens down

European shares pare gains as stocks on Wall Street fall in early trade following a weak holiday quarter forecast from retail giant Wal-Mart Stores , sparking concerns about consumer spending.

European shares briefly extend gains after US data

LONDON, Nov 12 (Reuters) - European shares briefly extended gains in afternoon trading on Thursday after data showed the number of U.S. workers filing new claims for jobless insurance fell for the second week in a row.

STOCKS NEWS EUROPE-Inmarsat climbs on MSCI reweighting

Shares in Inmarsat rise 4.8 percent, outpacing a falling FTSE 100 , on heavy buying as the satellite communications firm enters the MSCI world index after a reweighting of the index.

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