Chemical reaction: ICI pretties up image

Article Abstract:

Imperial Chemical Industries PLC (ICI) has shifted its concentration from chemicals to paint and perfume. In 1999, The British company had a market cap a little less than its $7 billion of debt, but now ICI's luck may be changing. In April, the firm agreed to sell off some of its chemicals businesses, and in October, it sold its acrylics unit. Meanwhile, ICI's debt fell to roughly $3.5 billion, and ICI said it would cut home-office personnel from 900 down to 300. Finally, the company's shares are beginning to rise.

United Kingdom, Asset sales & divestitures, Labor force information, Chemicals & Allied Products, Chemical Manufacturing, Toilet Preparation Manufacturing, Paint and Coating Manufacturing, Paint Additives, Perfumes, Management, Chemicals, Chemical industry, Imperial Chemical Industries PLC, Specialty chemicals industry, Perfumes industry

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Viva to fund expansion plan with flotation

Article Abstract:

Article discussing the flotation plans of Viva, the German music channel, whose shareholders include music companies EMI Group PLC, Universal Music Group, and Time Warner Inc. Viva decided to float the channel in 2000 to obtain funding for expansion plans in Poland and other areas of Europe.

Germany, Television Broadcasting, Europe, Finance, Television broadcasting industry, Brief Article, VIVA

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Industrials find backing as solid investment bet: sector has performed strongly despite woes in the credit markets

Article Abstract:

Worldwide credit woes, a strong euro, and increasing interest rates are prompting investors to shift their money to sectors such as industrial equipment, power infrastructure, and construction. These sectors have hardy balance sheets and strong demand due to their emerging markets exposure.

Manufacturing industry, Manufacturing industries, Planning, Economic aspects, Company investment, Investments, Industrial productivity, Company business planning, Productivity

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