The darkest place is just below the candle, said a Korean proverb. It is precisely because, even under fire from the spotlight of Wall Street, the financial situation of Lehman Brothers remains opaque that a State of Korea in South Bank, Korea Development Bank, reluctant to wear to the rescue at any price. For four months, rumors swell on American health of small business bank. Speculators bet on the repetition of a virtual scenario that carried off his sister Bear Stearns are every day more. This part of liar poker gives rise to all the blows of bluff, but must not leave guess his game. But the pattern of Lehman Brothers, the tenacious Richard Fuld, leaves indicate a worrying contradiction between stubbornness to Asian investors to claim a ticket to enter high, equivalent to three times the course of current scholarship, and his willingness to find any solution to replenish its own funds, up to sale of a family jewel, asset managementwhich he has yet provided a quarter of its half-year revenues. KDB declaring always interested in Lehman, investors sought momentarily believe the illusion of a rescue by the country of the morning calm, by bringing back the fall of the title to 78 since January. Forgetting that the rescuer is four and a half times smaller than the wounded.
Is it because that it does not escape its image Still, is it that Rentokil, sanitary hygiene specialist, displays as little glamour as its activity results. From scouring its balance sheet, the British group of diverse services, replacement of paper toilet companies maintenance of tropical plants, rather simply shower the illusions of its shareholders. Its results are even worse expected, with quarterly profits fall of 68, less than EUR 17 million. What do still dive of 6 a title that was one of the only spots of the London index at the weekend. Laundry continues for an action which has plummeted by 60 in one year. Last spring, the new leaders of the world's leading pest control frustrated shareholders announced the first decline in their dividend for nineteen years. They come to bolster the message stating that the return to profitability in two digits may request up to five years. This is the time to the "dream team" three managers from here they have proven their expertise by selling the English chemist at the fort price to receive the 7.5 million shares which have been promised to them. A condition that stock market has at least doubled to here here. To do this, the King of rats hunting must eliminate his own demons, ten years of approximate management.
The closing of the Olympics rings not so the end of the competition. As the athletes sponsored by its customers, WPP, number 2 global advertising, knows that he must not release training despite its good performance in the first half. Its Director General, Sir Martin Sorrell, has also not spared investors famous mental preparation by the Secretary of State for Sports, Bernard Laporte, in warning that the 2009 season seemed labored. Between the Euro 2008 games in Beijing and the campaign us election to ensure revenues this year for the whole of the sector, and the World Cup of football, the Olympics of winter in Vancouver, and the Universal Exposition in Shanghai who will take the relay in 2010, a year ago white, potentially turn red if the growth of emerging countries is slowing. Five times faster than in the United States and three times larger than in continental Europe, it has helped for the moment the British to mitigate the lightweight global slowdown since May. Otherwise, the acquisition of German GfK, WPP is always the seat, could be office of replenishing.