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Markets poised for AOL profit warning
News Glen Britt, CEO of Time Warner Cable, told Bloomberg he wants new services, such as video on demand, to quadruple revenues from its current customer base. At the end of last year AOL lost a bidding war with Comcast for... [04 Jan 2002]
Cap Gemini sinking as CEO jumps ship
News IT consultancy Cap Gemini Ernst & Young watched its share price sink for the fourth day in a row following the decision of CEO Geoff Unwin to retire next year.he consultancy's shares have gone down by 53 per cent... [13 Dec 2001]
Baltimore faces more job cuts
News He told Bloomberg that the company may need to cut an additional 250 staff if it is to stay afloat. Van Aelst predicted the jobs would probably have to go in the sales and marketing departments, as losses in... [04 Jul 2001]
Model Management: Tighter belts, dented morale
Comment Bloomberg News reports that the investment bank CSFB has set a $10,000 ceiling on the banquets that bankers hold to celebrate completed deals. It is reminiscent of former British Prime Minister Harold Macmillan... [17 Apr 2001]
Microsoft accused of dumping software
News According to reports on Bloomberg, H&C has reported the software giant to the fair trade commission for offering its software to educational users for as little as 10 per cent of the standard price. [21 May 1999]
Schroder customers get online reports from Multex
News The reports will be distributed through Bloomberg, Reuters and Dow Jones as well as Multex's own Web site. US investment bank Schroder & Co has signed up with Multex, a distributor of investment... [11 Jan 1999]
BT and AT&T to face full EU probe
News The planned $10bn alliance between BT and AT&T is to face a full EC anti-trust investigation, according to Bloomberg reports. The EC was expected to make a preliminary ruling early in December.... [25 Nov 1998]
BT and AT&T to face EU probe
News According to Bloomberg reports, an unnamed EU official has admitted that the investigation into the $10bn venture will centre on the high proportion of transatlantic call capacity owned by the two companies. [07 Oct 1998]
