http://www.ft.com/lexhttp://www.ft.com/rss/lexFT.com - Lexen© Copyright The Financial Times Ltd 2008. "FT" and "Financial Times" are trademarks of the Financial Times.support@ft.comThu, 15 May 2008 22:01 BSTThu, 15 May 2008 22:02:33 BSTNewspapers60http://news.ft.com/cms/d1f3ce1a-6bbe-11da-bb53-0000779e2340.gifhttp://www.ft.com/lex(PICS-1.1 "http://www.classify.org/safesurf/" L gen true for "http://www.ft.com/" r (SS~~000 1))http://www.ft.com/cms/s/2/acc620d2-2284-11dd-93a9-000077b07658.htmlhttp://www.ft.com/cms/s/2/acc620d2-2284-11dd-93a9-000077b07658.htmlCarl Icahn, the activist investor, has launched a proxy fight against Yahoo. Does he also have any chance of forcing the internet group into the hands of Microsoft? Thu, 15 May 2008 22:01 BSThttp://www.ft.com/cms/s/1/bea101c6-2259-11dd-93a9-000077b07658.htmlhttp://www.ft.com/cms/s/1/bea101c6-2259-11dd-93a9-000077b07658.htmlFew companies can make investment bankers wince purely at the mention of their name. Parmalat even prompts a desire to consult lawyers and compliance officersThu, 15 May 2008 14:33 BSThttp://www.ft.com/cms/s/1/0a68eba0-225a-11dd-93a9-000077b07658.htmlhttp://www.ft.com/cms/s/1/0a68eba0-225a-11dd-93a9-000077b07658.htmlIn response to a fragile balance sheet – and its global peers scrambling for capital – the UK bank has decided to do, er, nothingThu, 15 May 2008 19:58 BSThttp://www.ft.com/cms/s/1/0c04df1a-2254-11dd-93a9-000077b07658.htmlhttp://www.ft.com/cms/s/1/0c04df1a-2254-11dd-93a9-000077b07658.htmlThe struggling mortgage business which is part of GMAC (owned by Cerberus and General Motors) is hoping its lenders will accept a haircutThu, 15 May 2008 19:54 BSThttp://www.ft.com/cms/s/1/536c141a-220c-11dd-a50a-000077b07658.htmlhttp://www.ft.com/cms/s/1/536c141a-220c-11dd-a50a-000077b07658.htmlIf you can't stand the heat, sell off what's in the kitchen. General Electric, having watched its shares dive after some shocking first quarter results, plans to ditch its fridges and toasters to regain some momentumThu, 15 May 2008 20:47 BSThttp://www.ft.com/cms/s/1/b79ad172-21b9-11dd-a50a-000077b07658.htmlhttp://www.ft.com/cms/s/1/b79ad172-21b9-11dd-a50a-000077b07658.htmlNews that the buyers of Clear Channel and banks financing the deal had agreed new terms rather than face off in a Texan court caused shares in Canadian telecoms company BCE to jump 3 per centWed, 14 May 2008 20:37 BSThttp://www.ft.com/cms/s/1/945e8e24-2191-11dd-a50a-000077b07658.htmlhttp://www.ft.com/cms/s/1/945e8e24-2191-11dd-a50a-000077b07658.htmlIn its first quarter results on Wednesday, order levels at Airbus were again phenomenal. Unfortunately, the airlines are flaky customersWed, 14 May 2008 21:02 BSThttp://www.ft.com/cms/s/1/03466d7a-2192-11dd-a50a-000077b07658.htmlhttp://www.ft.com/cms/s/1/03466d7a-2192-11dd-a50a-000077b07658.htmlSainsbury's investors should feel Mr King has fully justified the £3.5m worth of shares he will be awarded this month for achieving his targets. Or should they? Wed, 14 May 2008 19:39 BSThttp://www.ft.com/cms/s/1/4a267052-2190-11dd-a50a-000077b07658.htmlhttp://www.ft.com/cms/s/1/4a267052-2190-11dd-a50a-000077b07658.htmlHousebuilders and builders merchants on both sides of the Atlantic have been subject to steadily falling expectations, but the cement makers have proved more resilientWed, 14 May 2008 19:45 BSThttp://www.ft.com/cms/s/1/cfb77800-2191-11dd-a50a-000077b07658.htmlhttp://www.ft.com/cms/s/1/cfb77800-2191-11dd-a50a-000077b07658.htmlWith bank stocks trashed around Europe, it is tempting to picture the McKinsey-trained chief executives of UniCredit and Intesa Sanpaolo, the biggest Italian banks, running takeover simulations late into the nightWed, 14 May 2008 19:42 BSThttp://www.ft.com/cms/s/2/c93dd562-213e-11dd-a0e6-000077b07658.htmlhttp://www.ft.com/cms/s/2/c93dd562-213e-11dd-a0e6-000077b07658.htmlThe day talks between Microsoft and Jerry Yang collapsed, the Chief Yahoo may as well have painted a target on his back. Mr Yang is now rumoured to be in the sights of Carl Icahn, the activist investorWed, 14 May 2008 22:23 BST