Global business: Netflix shares hit by growth concerns, Third Point s...


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Financial Times
Global Business
Tuesday July 23 2013

Companies News
 
Netflix shares hit by growth concerns
Although the shares fell 6.6% to $244.60, they have surged more than 230% in the past 12 months, amid enthusiasm for the company's original series
http://link.ft.com/r/4RNQTT/EKT5Q7/LQ05NB/7ZVOUZ/T1Y5PR/AZ/h?a1=2013&a2=7&a3=23
 
Third Point sells down Yahoo holding
The activist investment group run by Dan Loeb has sold the majority of its shares in Yahoo after more than doubling its investment
http://link.ft.com/r/4RNQTT/EKT5Q7/LQ05NB/7ZVOUZ/EKOTWS/AZ/h?a1=2013&a2=7&a3=23
 
SAP's drift to US spelt the end for Snabe
The two chief executives of German group SAP had worked 'fabulously' together but a drift towards the US augured badly for the Europe-based Jim Snabe
http://link.ft.com/r/4RNQTT/EKT5Q7/LQ05NB/7ZVOUZ/9MH37M/AZ/h?a1=2013&a2=7&a3=23
 
Kay review chimes with spirit of the times
Of the 17 recommendations in Professor John Kay's report, most have been addressed by regulators or the industry itself one year on from its publication
http://link.ft.com/r/4RNQTT/EKT5Q7/LQ05NB/7ZVOUZ/3C39OL/AZ/h?a1=2013&a2=7&a3=23
 
EU telcos pressured on regulatory worries
European telecom shares came under selling pressure on Monday as investors worried about the impact of Brussels' push to eliminate roaming fees
http://link.ft.com/r/4RNQTT/EKT5Q7/LQ05NB/7ZVOUZ/1OFE8G/AZ/h?a1=2013&a2=7&a3=23
 
Audit remedies fail to please Big Four's critics
Critics say the UK Competition Commission has not gone far enough in its package of remedies for the audit industry announced on Monday
http://link.ft.com/r/4RNQTT/EKT5Q7/LQ05NB/7ZVOUZ/4VPSCM/AZ/h?a1=2013&a2=7&a3=23
 
Telefónica in talks to buy KPN's E-Plus
Shares in the two groups rise after they confirm negotiations for the acquisition of KPN's German unit that could value the combined entity at €16bn
http://link.ft.com/r/4RNQTT/EKT5Q7/LQ05NB/7ZVOUZ/A5BP7X/AZ/h?a1=2013&a2=7&a3=23
 
GSK admits wrongdoing in China
UK drugs group admits for the first time that some of its employees appear to have violated the law and issues a pledge to cut prices in the country
http://link.ft.com/r/4RNQTT/EKT5Q7/LQ05NB/7ZVOUZ/GYCBKD/AZ/h?a1=2013&a2=7&a3=23
 
Eurotunnel and Eurostar clash over costs
Clash illustrates tensions between the two as Eurotunnel faces pressure to lower fees it charges operators and Eurostar is threatened with competition
http://link.ft.com/r/4RNQTT/EKT5Q7/LQ05NB/7ZVOUZ/PNWAR0/AZ/h?a1=2013&a2=7&a3=23
 
Acquittals after iSoft retrial collapses
Former directors of iSoft software group go free as financial regulator abandons case following seven-year investigation and two criminal trials
http://link.ft.com/r/4RNQTT/EKT5Q7/LQ05NB/7ZVOUZ/3C39ON/AZ/h?a1=2013&a2=7&a3=23
 
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