Cable & Wireless ended its chase for residential broadband business by refocusing its Bulldog bulldog, breed of thick-set nonsporting dog developed in the British Isles many centuries ago. It stands from 13 to 15 in. (33–38.1 cm) high at the shoulder and weighs from 40 to 50 lb (18.1–22.7 kg). arm on services for major internet providers.
The company said current home and small-business customers would still be supported, but it would cease marketing, with the expected loss of 150 London jobs.
The group, which acquired Bulldog for pounds 18m in 2004, will look to pass on the benefits of its work freeing con-nections from 411 phone exchanges, known as local loop unbundling Local loop unbundling (LLU) is the regulatory process of allowing multiple telecommunications operators use of connections from the telephone exchange's central office to the customer's premises. .
CATERING equipment maker Enodis has rejected an pounds 850m takeover from US food equipment group Manitowoc. The London firm, which supplies fryers and grills to restaurants including McDonald's, met representatives from Manitowoc but said the conditional proposal undervalued Undervalued
A stock or other security that is trading below its true value.
The difficulty is knowing what the "true" value actually is. Analysts will usually recommend an undervalued stock with a strong buy rating. the company.