Business Services Industry
Evening Standard, London, Business Briefs Column.
Knight Ridder/Tribune Business News, January, 2004
Evening Standard, London Knight Ridder/Tribune Business News
Jan. 23--MORGAN HALTS ITS LVMH COVERAGE: Investment bank Morgan Stanley has suspended coverage of LVMH after a Paris court found it guilty of defaming the luxury goods group. Morgan Stanley, which is appealing against the court's decision, said that it was impossible for it to express its true convictions on the company.
US BRIGHT BUT ULTRAFRAME STILL UNDER CLOUD IN BRITAIN: Conservatories maker Ultraframe lifted sales by 3 percent in the first quarter of its financial year beginning in October, thanks to gains by its US business, but a gloom still hangs over its British operations, where sales fell by 8 percent against the same period last year. The shares lost 112 pence to 22412...
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