Global business: Fears over weak earnings hit Apple, Mackenzie makes ...


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Financial Times
Global Business
Thursday April 18 2013

Companies news and analysis - FT.com
 
Fears over weak earnings hit Apple
Apple's shares touched a fresh 12-month low, as investors weighed up reports that suggested the company's shipments of new products were slowing
http://link.ft.com/r/5F39HH/K9TQPO/6VJWZD/081EED/CWLK0U/KI/h?a1=2013&a2=4&a3=18
 
Mackenzie makes his mark on BHP
The new chief executive makes changes at the top designed to remove a layer of management at BHP and centralise control
http://link.ft.com/r/5F39HH/K9TQPO/6VJWZD/081EED/CWLK0J/KI/h?a1=2013&a2=4&a3=18
 
US court forbids foreign abuse claims
The ruling will come as a relief to Shell, the Anglo-Dutch oil company, as well as to other companies accused of wrongdoing overseas
http://link.ft.com/r/5F39HH/K9TQPO/6VJWZD/081EED/FDBI2S/KI/h?a1=2013&a2=4&a3=18
 
BP responsible for critical Macondo test
Executive who was in charge of drilling wells in the gulf said company's supervisors on rig made final decision on whether test had been passed
http://link.ft.com/r/5F39HH/K9TQPO/6VJWZD/081EED/FDBI2D/KI/h?a1=2013&a2=4&a3=18
 
Cerberus founder looks at bid for Freedom
Private equity firm's founder considers bid for maker of gun in Newtown shooting, as political controversy deters buyers and banks
http://link.ft.com/r/5F39HH/K9TQPO/6VJWZD/081EED/FDBIVC/KI/h?a1=2013&a2=4&a3=18
 
BofA struggles to recover from bad loans
Second-biggest US bank reports decline in revenue in consumer, mortgage and investment banking divisions and further bad loan costs
http://link.ft.com/r/5F39HH/K9TQPO/6VJWZD/081EED/8735G1/KI/h?a1=2013&a2=4&a3=18
 
Nokia plans 'phablet' in new handset range
Finnish group set to launch several high-end smartphones this year to add momentum to the slow growth of the Lumia handset that uses Windows software
http://link.ft.com/r/5F39HH/K9TQPO/6VJWZD/081EED/8735BY/KI/h?a1=2013&a2=4&a3=18
 
Ebay shares fall on revenue near miss
The company posted revenues of $3.75bn, just shy of the $3.76bn analysts had predicted, while issuing second-quarter guidance below expectations
http://link.ft.com/r/5F39HH/K9TQPO/6VJWZD/081EED/A5UW8V/KI/h?a1=2013&a2=4&a3=18
 
Deutsche Bank to cap pay for co-chiefs
Maximum payouts of €9.85m each for Jain and Fitschen will be put to shareholders next month in a bid to head off criticism of excessive corporate salaries
http://link.ft.com/r/5F39HH/K9TQPO/6VJWZD/081EED/9MP4BL/KI/h?a1=2013&a2=4&a3=18
 
Changing times see Tesco shelve landbanks
Chief executive ascribes £804m writedown down to changing face of retailing with growth in online shopping curbing the need for bigger stores
http://link.ft.com/r/5F39HH/K9TQPO/6VJWZD/081EED/8735BN/KI/h?a1=2013&a2=4&a3=18
 
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