Financial Times: Global business: IBM vows action following rare miss, Twitter launche...

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Global Business
Friday April 19 2013

Companies news and analysis - FT.com

IBM vows action following rare miss

Chief executive Ginni Rometty admitted the IT bellwether 'did not achieve all of our goals' in the three months ending on March 31
http://link.ft.com/r/EB8122/WHZ864/TPM8L0/R394WG/DXTIOL/N9/h?a1=2013&a2=4&a3=19

Twitter launches app to find new music

Social network takes on its rivals for entertainment followers with standalone app that offers links to iTunes and streaming services
http://link.ft.com/r/EB8122/WHZ864/TPM8L0/R394WG/ULWGER/N9/h?a1=2013&a2=4&a3=19

Mixed bag for Google as revenues disappoint

Search company is counting on a new tool to help advertisers buy ads on mobile devices and desktop computers in one streamlined process
http://link.ft.com/r/EB8122/WHZ864/TPM8L0/R394WG/GYG9CZ/N9/h?a1=2013&a2=4&a3=19

Barclays draws line under Diamond era

Investment bank chief Ricci, closely associated with former chief executive, is to be replaced by Eric Bommensath and Tom King
http://link.ft.com/r/EB8122/WHZ864/TPM8L0/R394WG/RPMTDK/N9/h?a1=2013&a2=4&a3=19

Brazil cement maker seeks $5.4bn via IPO

Votorantim Cimentos to raise funds by listing in Sao Paulo and in an American Depositary Shares offering in NY that could be world's biggest this year
http://link.ft.com/r/EB8122/WHZ864/TPM8L0/R394WG/VTX8QG/N9/h?a1=2013&a2=4&a3=19

Slow Windows 8 uptake hits Microsoft

Figures underline slow start to the new operating system, which is central to group's attempts to make its software more competitive on tablets
http://link.ft.com/r/EB8122/WHZ864/TPM8L0/R394WG/YGY0RH/N9/h?a1=2013&a2=4&a3=19

Nokia shares slide as revenues disappoint

Investors take fright after first-quarter results fall below consensus estimates despite a further modest pick-up for its flagship Lumia smartphones
http://link.ft.com/r/EB8122/WHZ864/TPM8L0/R394WG/873WTC/N9/h?a1=2013&a2=4&a3=19

JPMorgan offices raided in MPS inquiry

Police seeking documents relating to time that US bank was involved deals for lender including hybrid equity raising used to fund Antonveneta deal
http://link.ft.com/r/EB8122/WHZ864/TPM8L0/R394WG/Q37LKN/N9/h?a1=2013&a2=4&a3=19

Aviva plan to axe 2,000 jobs criticised

Insurer's decision on job cuts part of plans by new managers to reduce costs by at least £400m and will involve loss of posts in UK, Europe and Asia
http://link.ft.com/r/EB8122/WHZ864/TPM8L0/R394WG/A5UKBQ/N9/h?a1=2013&a2=4&a3=19

CVC buys back German metering group

UK private equity group makes an unexpected bid to buy stake it does not already own in Ista from co-owner Charterhouse
http://link.ft.com/r/EB8122/WHZ864/TPM8L0/R394WG/4VJ7UY/N9/h?a1=2013&a2=4&a3=19

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