BP. has
settled its Alaskan tax dispute for $379m. Alliance & Leicester (AL.) has emerged as Santander's aborted bid target from early December, but the FT says they
might yet come back to the table.
RAB Capital (RAB) have increased their stake in Northern Rock (NRK) to 7.59%.
Among the small-caps, a director of Chinese solar-cell manufacturer Jetion Holdings (JHL) has been buying stock after a five-month long slide, putting her holding up to almost 59% of the company.
FTSE is currently being called down 43 at 6414 by CMC. Dow futures are down 55 at 13,210 after their 101 point on Monday.