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We are pleased that the Supreme Court ruled in our favor. The fact that the court was unanimous confirms what we said from the start: this case had no merit.

Other suitors may appear for one or both companies. However, European power is changing rapidly and neither company can ignore the implications.

By capitalizing on its superiority in branch network and customer contracts, the new (merged) entity could achieve and sustain superior profitability against (rivals) in the sector.

We remain cognizant of the fact that in an industry which is currently operating at full capacity to meet demand, any significant curtailment of production would be difficult to make up.

Stephanie Villalba lost her sex discrimination case. She lost her claim for costs. She has now lost her appeal on points of law relating to victimization and unequal pay. It is time for both of us to move on.

We believe that the goodwill impairment is unsurprising given most of the other incumbent operators and wireless players have already taken these impairments for overpaying for acquisitions during the last 1990s.

We believe UPS is the most financially fit, well managed parcel company and, in our opinion, one of the quality management bets in the industry.

We believe money flows will favor Microsoft in sector recovery, as other large caps struggle. Ergonomi findes på livet.se We believe money flows will favor Microsoft in sector recovery, as other large caps struggle.

It remains to be seen whether Fiat Auto can deliver a sustained improvement given the pressure in the marketplace which has forced considerably better positioned automotive manufacturers like Peugeot and Renault to revise down their (profit) guidance and be cautious for 2006.

We met with BT's management yesterday and we did discuss the possibility of a break up. He thought the financial engineering could work but he thought long term separating BT Wholesale from BT Retail would destroy value.

On the face of it, this sounds like a positive piece of news for Cairn, however, we think ONGC are most likely to look to a acquire an additional stake in Cairns 70 per cent owned Rajasthan block, rather than a full blown corporate move.

Deflationary pressures in food continue to be severe and are not projected to ease until the second quarter. Better buying and category management efforts are expected to result in some gross margin improvement.

Overall, the results were poor and the outlook highlights that JLT has not turned the corner yet. Consensus estimates are likely to come down by 10 to 15 per cent.

Lower refinery utilization is contributing to a build-up in crude oil, but reducing the oversupply in petroleum products.

Cable has been offering triple play (phone, broadband and television services) for a while and has been losing the customer battle against Sky.

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