Rumor Mill

Add Terra-Citi tensions

September 8, 2010

SOW’S EAR TO SILK PURSE: Despite the acrimony between Terra and Citi, EMI’s earnings are improving, with revenues for the last year up by more than 5% year-over-year to £1.65 billion ($2.55 billion) and EBITDA up by 14% to £334 million ($517 million) before restructuring costs. (9/8a)