“We suspect that the shares will probably mark time until either another bidder emerges, which seems unlikely, or the merger gets through the competition authorities.”
“MVC has always been one of the weaker players in the market, so it is dangerous to draw too many conclusions from this specific situation, but it does back up our view that these markets are becoming increasingly difficult.”
“Our store visits suggested that the company's various fascias were discounting earlier and more heavily than the competition and that is rarely a good sign at this time of year.”
“We look forward to building on our own demanding high standards and our excellent working relationship with Shell to deliver this new MEG plant safely and successfully. This award further confirms Foster Wheeler's position as one of the leading engineering, procurement and construction contractors in Singapore.”
“Outside its two major markets, Kingfisher reported very strong growth in Poland (against weak comparatives) and good performances in Italy and China.”
“There may be some short-term disappointment today that investors are going to have to wait until the end of 2006 at the earliest for this separation to take place.”