Peterson faces 313m claim May 17, 2009 Administrators of collapsed hedge fund group Weavering Capital are pursuing its disgraced former manager, Magnus Peterson, for £313m. The massive size of the claim has been revealed after Peterson’s home was raided by investigators from the Serious Fraud Office last Friday. His flagship Macro Fixed Income fund was liquidated in February.
Diageo firm on late payments May 17, 2009 Drinks company Diageo has imposed harsher payment terms on its suppliers, risking a backlash from business secretary Lord Mandelson who had appealed for better treatment of small businesses. The Smirnoff owner has increased the number of days in which it commits to pay its suppliers to 30 days, from 45, saying the changes are necessary [...]
Diageo firm on late payments May 17, 2009 Drinks company Diageo has imposed harsher payment terms on its suppliers, risking a backlash from business secretary Lord Mandelson who had appealed for better treatment of small businesses. The Smirnoff owner has increased the number of days in which it commits to pay its suppliers to 30 days, from 45, saying the changes are necessary [...]
Carluccio’s bidder outed May 17, 2009 THE mystery bidder for the Italian restaurant and retail chain Carluccio’s is believed to be investment firm Hutton Collins. At the beginning of May, the group founded by chef Antonio Carluccio confirmed that it had received a preliminary approach but did not provide any details on the possible bidder. The group’s shares have recently jumped 25 [...]
Carluccio’s bidder outed May 17, 2009 THE mystery bidder for the Italian restaurant and retail chain Carluccio’s is believed to be investment firm Hutton Collins. At the beginning of May, the group founded by chef Antonio Carluccio confirmed that it had received a preliminary approach but did not provide any details on the possible bidder. The group’s shares have recently jumped 25 [...]
We don’t know whether the equity rally is over May 17, 2009 IS the equity rally over? It’s the question on everybody’s lips and one we still don’t have the answer to. However, the balance of probability is that we may have already seen the best from this push higher. Indeed, I would go as far to suggest that this was just the warm up and that [...]
We don’t know whether the equity rally is over May 17, 2009 IS the equity rally over? It’s the question on everybody’s lips and one we still don’t have the answer to. However, the balance of probability is that we may have already seen the best from this push higher. Indeed, I would go as far to suggest that this was just the warm up and that [...]
Strong results expected at SSL May 17, 2009 Condom maker SSL is expected to announce a strong set of full year results tomorrow. Analysts expect a 20 per cent increase in revenue to £636m and a 33 per cent jump in profit before tax to £76m. Shareholders are waiting with interest to hear how the company’s £90m investment last month into two eastern [...]
Strong results expected at SSL May 17, 2009 Condom maker SSL is expected to announce a strong set of full year results tomorrow. Analysts expect a 20 per cent increase in revenue to £636m and a 33 per cent jump in profit before tax to £76m. Shareholders are waiting with interest to hear how the company’s £90m investment last month into two eastern [...]
OMV and MOL in Iraqi fuel deal May 17, 2009 Two European energy companies helping build a pipeline which will cut the continent’s dependence on Russian gas said yesterday they will team up with Mideast producers to feed the route with Iraqi fuel. In a consortium announced in the United Arab Emirates, Austria’s OMV AG and Hungary’s MOL Nyrt said they will each take a [...]