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EMI Posts $2.4 Billion Loss as Terra Firma Weighs Raising Cash - Bloomberg.com

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Hands’s Terra Firma Capital Partners Ltd. may add as much as 120 million pounds into EMI to prevent the London-based music company from breaching debt covenants with Citigroup Inc., two people with knowledge of the matter said today. EMI’s liabilities exceeded assets by 408 million pounds
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Vodafone Shares Jump on Increased Full-Year Cash-Flow Forecast - Bloomberg.com

Vodafone rose as much as 5.4 percent. Cash before license and spectrum payments in the year to the end of March will be between 6.5 billion pounds ($10.3 billion) and 7 billion pounds, the Newbury, England-based company said in a statement today. In November, Vodafone had forecast cash to be