financial times: Global business: Skechers executive tells of KPMG shock, FCA launches...

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Global Business
Wednesday April 10 2013

Companies news and analysis - FT.com

Skechers executive tells of KPMG shock

Mark Hutchins, managing partner of KPMG's Los Angeles office, and Patrick Ford, another partner, were resigning as Skechers' auditor
http://link.ft.com/r/19JYUU/87ESY8/NSVWP8/C42D2P/FDHOSH/MQ/h?a1=2013&a2=4&a3=10

FCA launches probe into RBS glitches

IT failure could result in huge fines for the UK lender, as the new regulator takes the unusual step of announcing an enforcement investigation
http://link.ft.com/r/19JYUU/87ESY8/NSVWP8/C42D2P/B4UBIN/MQ/h?a1=2013&a2=4&a3=10

Google favours 'in-house' search results

Alongside widely expected concessions on labelling own services, the US group will also need to offer solutions that give more prominence to rivals
http://link.ft.com/r/19JYUU/87ESY8/NSVWP8/C42D2P/Q3ZWHW/MQ/h?a1=2013&a2=4&a3=10

Investor says Dell buyout offer is 'unfair'

Southeastern says that the $24.4bn management buyout is unfair to long-term shareholders, giving them no opportunity to participate in any turnround
http://link.ft.com/r/19JYUU/87ESY8/NSVWP8/C42D2P/XBKQCD/MQ/h?a1=2013&a2=4&a3=10

Swap traders' morning fix under scrutiny

Regulators turn their attention to the ISDAfix process, where 16 banks provide the rates at which they would buy and sell a benchmark swap
http://link.ft.com/r/19JYUU/87ESY8/NSVWP8/C42D2P/Z8YS2R/MQ/h?a1=2013&a2=4&a3=10

Activist fund fails to gain Agrium seats

Agrium's annual meeting brought an acrimonious campaign by the dissident shareholder to an end without Jana winning a single board seat
http://link.ft.com/r/19JYUU/87ESY8/NSVWP8/C42D2P/RP7XBK/MQ/h?a1=2013&a2=4&a3=10

Sports interests kick IMG plans into play

India venture is core to emerging market growth story that Forstmann Little will pitch to potential buyers as it considers sale of marketing agency
http://link.ft.com/r/19JYUU/87ESY8/NSVWP8/C42D2P/Z8YS2D/MQ/h?a1=2013&a2=4&a3=10

Silicon Valley lobby group draws critics

The new organisation marks the first major super-Pac to emerge from the tech industry, taking on immigration reform as its first issue
http://link.ft.com/r/19JYUU/87ESY8/NSVWP8/C42D2P/UL4Y6D/MQ/h?a1=2013&a2=4&a3=10

AT&T and Google in fibre showdown

Both companies announce plans to build fibre optic broadband networks in Austin capable of delivering 1GB per second download speeds
http://link.ft.com/r/19JYUU/87ESY8/NSVWP8/C42D2P/JQ62N0/MQ/h?a1=2013&a2=4&a3=10

Ullman faces tough task at JC Penney

Mike Ullman's task is to stabilise a business that alienated shoppers and lost $4bn in the past year, setting off alarm bells over its ability to pay its bills and survive
http://link.ft.com/r/19JYUU/87ESY8/NSVWP8/C42D2P/VTWIO5/MQ/h?a1=2013&a2=4&a3=10

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