DELAWARE COMPANIES - Reckitt 2008 profit rise puts a shine on shares - Reuters - Guardian Unlimited DELAWARE COMPANIES - Reckitt 2008 profit rise puts a shine on shares - Reuters - Guardian Unlimited

Wednesday, February 11, 2009

DELAWARE COMPANIES - Reckitt 2008 profit rise puts a shine on shares - Reuters - Guardian Unlimited

LONDON, Feb 11 (Reuters) - Britain's Reckitt Benckiser topped forecasts with a 26 percent rise in 2008 profits on Wednesday and despite the global slowdown set ambitious 2009 sales and profit targets, which helped to boost its shares. The household in Dow Jones News >

LONDON, Feb 11 (Reuters) - European shares opened 1 percent lower early on Wednesday, joining a global sell-off as investors feared a $2 trillion U.S. bank rescue plan would not be enough to prop up the troubled financial system. The FTSEurofirst 300 in Dow Jones News >

Chinese shares were mixed Wednesday as investors took profits after a four-day rally and a plunge in exports dampened optimism about a nascent economic recovery. The benchmark Shanghai Composite Index closed down 0.2 percent, or 4.34 points, at 2260 in Dow Jones News >

CAIRO, Feb 11 (Reuters) - Commercial International Bank (CIB) ( COMI.CA ) ( COMIq.L ), Egypt's largest publicly traded lender, reported a weaker-than-expected 6.5 percent rise in 2008 net profit, hitting its shares. Shares in CIB, Egypt's largest in Dow Jones News >

Anglo Irish Bank losts 5pc in yesterday's trading. Photo: Julian Herbert/Getty Images BANK shares came under renewed pressure yesterday after international broker Credit Suisse predicted that Irish house prices could fall a further 30pc. The dire in Dow Jones News >

European markets Wednesday tracked Wall Street's sharp overnight losses, with financial stocks leading the declines. The pan-European Dow Jones Stoxx 600 declined 0.9%. Of national indexes, London's FTSE 100 Index lost 0.4%, Frankfurt's DAX shed 0.6 in Dow Jones News >

SHARE prices on Bursa Malaysia closed slightly lower today as mild bargain hunting managed to cap further losses on the local bourse with sustained concerns over the United States stimulus plan, dealers said. At the closing bell, the benchmark Kuala in Dow Jones News >

LONDON (MarketWatch) - European shares lost ground for the second straight session on Wednesday as details about a plan to shore up the U.S. banking system remained thin on the ground and investors eyed a mixed bag of corporate updates. The pan in Dow Jones News >

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