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Sale of Au Naturale stores secures 550 jobs in Scotland

Invensys 'BB' Rating Placed On Watch Positive On Strengthening Business And Financial Risk

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May 18 2008

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Sale of Au Naturale stores secures 550 jobs in Scotland
Graham Martin, Ian Green and Jeremy Webb, joint administrators of Au Nat Limited and partners at PricewaterhouseCoopers LLP are pleased to announce the sale of the business and assets of 46 of the remaining Au Naturale stores preserving in >>>> [Full Story]

[May 16 2008 - 6:13:27 PM, by John Arnold]

Invensys 'BB' Rating Placed On Watch Positive On Strengthening Business And Financial Risk
Standard & Poor's Ratings Services said today it placed its 'BB' long-term corporate credit rating on U.K. based engineering company Invensys PLC on CreditWatch with positive implications, reflecting the company's strengthening business>>>> [Full Story]

[May 16 2008 - 6:08:46 PM, by John Arnold]

High Commodity Prices To Continue Driving Africa’s Economic Growth, S&P Says
JOHANNESBURG, May 15 2008 - High commodity prices coupled with the long-term benefits derived from progress made in recent years toward economic stability and structural reforms, will sustain Sub Saharan Africa’s economic growth in the fore>>>> [Full Story]

[May 16 2008 - 8:56:49 AM, by John Arnold]

3i Ratings Unchanged By Increased Leverage; Modest Scope For Ratings To Withstand Further Rise
Standard & Poor's Ratings Services said yesterday that its ratings on 3i Group PLC (A+/Stable/A-1) are unaffected by the announcement of 3i's annual results for the year to March 31, 2008. Overall the results were good, as expected, but>>>> [Full Story]

[May 16 2008 - 8:52:51 AM, by John Arnold]

Tesco Ratings Lowered To 'A' On Deterioration Of Financial Profile; Outlook Negative
Standard & Poor's Ratings Services said yesterday it had lowered to 'A' from 'A+' its long-term corporate credit and senior unsecured debt ratings on U.K. based retailer Tesco PLC. At the same time, the 'A-1' short-term corporate credit>>>> [Full Story]

[May 16 2008 - 8:49:33 AM, by John Arnold]

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