Impax Asian Environmental Markets plc announces that as at the close of business on 21 May 2012 its unaudited net asset value ("NAV") per ordinary share ("Share") was as follows: ...

NEW YORK (Reuters) - Shares of Facebook fell again at the open on Tuesday as doubts about the company's valuation increased after Reuters reported that underwriters cut their revenue forecasts for the ...

* Says has started preparing for IPO * Needs certainty around valuation of India business (Adds quotes, details and background) MUMBAI, May 22 (Reuters) - British mobile operatorVodafone's Indian unit ...

* Fitch cuts Japan debt rating, outlook negative * OECD sees euro crisis threatening world recovery * Facebook shares down more than 3 pct in premarket trade * Futures: S&P down 0.2 pt, Dow off 7 pts, ...

Thomas Cook, the struggling package tour operator, has sold its 77% stake in Thomas Cook India to a subsidiary of the financial services firm Fairfax Financial Holdings. The sales will net Thomas Cook ...

-IIF estimates Spanish banks will need €55bn in worst scenario. -Spiraling Europe crisis could hurt world economy -OECD -OECD raises US 2012 GDP forecast -OECD lowers 2012 Eurozone forecast to -0.1% from ...

KUALA LUMPUR, May 22 (Reuters) - Malaysian Airline System said on Tuesday it planned a 10-year, 2.5 billionringgit ($798 million) sukuk programme to shore up its capitalbase under a three-pronged funding ...

By Dhanya Skariachan NEW YORK (Reuters) - Best Buy Co Inc reported better-than-expected quarterly results and maintained its outlook for the year as a turnaround plan started to take hold, sending shares ...

* Best Buy shares jump 7 pct following results * Fitch cuts Japan debt rating, outlook negative * OECD sees euro crisis threatening world recovery * Futures up: S&P 4.1 pts, Dow 13 pts, Nasdaq 9.5 pts ...

By Abhishek Vishnoi MUMBAI (Reuters) - The BSE Sensex fell on Tuesday, snapping three sessions of gains, as the rupee dropped to a new record low while global risk aversion also weighed on sentiment after ...

 RELEASE 22.05.2012 Board of Directors address Gazprom's annual General Shareholders Meeting related issues The Gazprom Board of Directors addressed the issues associated with arranging and holding the ...

A trader at work at the German DAX index in Frankfurt. European stocks rose, building on the previous day's recovery from recent sharp losses, in the hope that EU leaders will firm up action on tackling ...

LONDON, May 22 (IFR) - Alternative asset managerIntermediate Capital Group posted stronger-than-expected profitsin its key funds on Tuesday, and announced a strong anddiversified pipeline despite tough ...

By Kate Holton LONDON (Reuters) - Mobile operator Vodafone (VOD.L) made a writedown of 4 billion pounds and cut its medium-term sales target as the debt crisis squeezed customers in southern Europe, forcing ...

This file photo shows visitors to Global Gaming Expo checking out gambling wares at a gaming exhibition in Macau, in 2011. Casino industry leaders have gathered in the world's gambling capital Macau once ...

* Lowers medium term revenue target * Takes 4 billion pound impairment on southern Europe * Meets 2012 forecasts due to growth in emerging markets * Shares up 1.5 percent (Adds further details, reaction) ...

 Artemis Alpha Trust plc (the "Company") As at close of business on 21 May 2012 , the Net Asset Value ("NAV") per ordinary 1p share of the Company (calculated excluding current year ...

* Russia's No. 3 oil producer proposes $6.6 bln dividend * Company was rebuked by govt for generous dividend policy * Dividends will reach shareholders in months-analyst (Adds context) MOSCOW, May 22 (Reuters) ...

* Year adjusted pretax profit up 8 pct to 126 mln pounds * Year revenue up 14 pct to 535 mln pounds * FSA to investigate sales, complaints, governance issues * Plans to reduce UK arm * Shares down 23 percent ...

Telecoms companies are becoming pretty strong dividend payers these days, with BT Group and Vodafone offering around the 5-8% range. But both have very high debts amounting to a significant portion of ...

This morning, iconic retailer Marks & Spencer released its full-year results. Alas, despite rising sales and steady earnings, M&S failed to lift its dividend payout. Despite this, its shares offer value, ...

REUTERS - Tata Communications(TATA.NS) reported a wider fourth-quarter consolidated loss, hit by higher costs and dragged by its South African unit, keeping the international telecoms carrier in the red ...

By Melanie Lee SHANGHAI (Reuters) - China's Alibaba Group could command a Facebook-rivalling (FB.O) valuation of $100 billion when it comes to list its shares, possibly by 2015 - but its more immediate ...

Mobile phone networks giant Vodafone is expecting underlying growth in adjusted operating profit and stability in free cash flow in the current financial year.

Britain's biggest mobile company, Vodafone, is finding life tough in southern Europe but the cash keeps rolling in from the US.

It's now the biggest dividend payer in the FTSE 100, and Vodafone duly delivered on its promise of 7% dividend growth in its results for the year to 31 March 2012.The numbers were pretty much what the ...

* CEO Clarke declines annual bonus * Top 5,000 managers to get reduced annual bonus (Adds details) LONDON, May 22 (Reuters) - Tesco boss Philip Clarkehas opted not to take an annual bonus of about 372,000 ...

By Melanie Lee SHANGHAI (Reuters) - China's Alibaba Group could command a Facebook-rivalling valuation of $100 billion when it comes to list its shares, possibly by 2015 - but its more immediate challenge ...

Although mega-cap blue-chip companies like HSBC , Vodafone and SSE provide the safest and most reliable way to generate a decent dividend income, it can be more rewarding for keen investors to seek out ...

British clothing-to-food retailer Marks & Spencer announced a drop in annual profits in a "challenging economic environment," forcing it to slash the group's revenue growth target.

* Sees sales uplift of 1.1-1.7 bln stg, prev 1.5-2.5 bln stg * Cuts UK space spend by 200 mln stg * Year underlying profit 705.9 mln stg vs forecast 694 mlnstg * Says Q1 trading is tough due to weather ...

KUALA LUMPUR, May 22 (Reuters) - Malaysian Airline Systems(MAS) said in a filing to the local stock exchange onTuesday: *Q1 ended March 31 showed a loss after tax of 171 millionMalaysian ringgit ($54.57 ...

Reuters Market Eye - Tata Power (TTPW.NS) shares drop 4.4 percent ahead of its quarterly results later in the day as traders brace for negative numbers. The stock had surged 5 percent on Monday because ...