1 Kizfpand the ext below and match questions (main ideas) 1-8 with paragraphs A-E.One paragraph can be matched with MORE THAN ONE question.
A. Paragraph A
B. Paragraph B C. Paragraph C
D. Paragraph D
A.Habgood
E. Paragraph E
Habgood, the pharmaceutical company, saw its share price plummet yesterday,following a cut in its corporate credit rating. Investors were unnerved by the group's shrinking access to capital and its wish to fund ambitious expansion plans. Although the sector as a whole has been weak for some time, Habgood is looking particularly vulnerable, and may well prove to be a target for takeover from within the industry. Analysts would not be surprised if Jerry Greenway, the company's chief executive, and architect of its strategy of expansion, were to step down.
B.KK Leyton
Truck manufacturer KK Leyton has said that its unit sales rose by a modest 1.3 percent in the last six months, compared with 1.7 percent in the same period last year. The company blames the economic downturn in its main markets and increasing pressure from larger competitors. However, grounds for guarded optimism came in the form of an announcement that the company is about to roll out a cost-cutting programme which should help to protect its profit margins.
Analysts believe this will strengthen KK Leyton's position until conditions improve.C.MeadowsweetDiscount clothing retailer Meadowsweet, whose 240 stores are mostly in Scotland and northern England, is set to merge with rival Marika Clothing, with slightly fewer stores in the south of England. Making the announcement, Elaine
Tungate Meadowsweet's chief executive said that the two brands would be kent
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