P&G plans to cut prices in bid for growth September 10, 2009 CONSUMER goods giant Procter & Gamble said yesterday that it plans to cut prices and increase promotions, and that it expects to return to organic sales growth by the end of the year. P&G shares rose after its chief financial officer Jon Moeller said the company expects organic sales to rise one per cent to [...]
CITY MOVES Who’s switching jobs September 21, 2009 Matrix Corporate CapitalThe broking and corporate advisory firm has appointed Oliver Hoare as head of pan-European large cap equity sales. Hoare, who will begin with full coverage of the UK market and then roll out his team’s service to continental Europe, brings over 20 years of experience to the role. He was most recently at [...]
CITY MOVES Who’s switching jobs September 21, 2009 Matrix Corporate CapitalThe broking and corporate advisory firm has appointed Oliver Hoare as head of pan-European large cap equity sales. Hoare, who will begin with full coverage of the UK market and then roll out his team’s service to continental Europe, brings over 20 years of experience to the role. He was most recently at [...]
Obama has made American brands more popular October 13, 2009 ACCORDING to the Nobel citation, President Obama deserved the Nobel Prize for Peace because of his “extraordinary efforts to strengthen international diplomacy and cooperation between peoples”. Was it an absurd award, or a prescient one? Has Obama made America more popular? We have in the past used BrandIndex as a subliminal measure of America’s popularity [...]
SEE YOU IN McCOURT September 8, 2009 MCDONALD’S yesterday lost an eight year legal battle to prevent a Malaysian restaurant calling itself McCurry. The Kuala Lumpur eatery, which sells biryani rice and fish head curry, won the case on the grounds that there was no evidence to show it was trying to pass itself off as part of the McDonald’s empire. McCurry [...]
NEW YORK REPORT October 22, 2009 US stocks rose yesterday after quarterly results from insurer Travelers and regional bank PNC Financial gave a boost to financial stocks. Financials were among the top gainers after insurer Travelers posted gains after it raised its full-year outlook and regional bank PNC Financial Services Group shares jumped 12.7 per cent to $50.65 on far better-than-expected [...]
NEW YORK REPORT October 22, 2009 US stocks rose yesterday after quarterly results from insurer Travelers and regional bank PNC Financial gave a boost to financial stocks. Financials were among the top gainers after insurer Travelers posted gains after it raised its full-year outlook and regional bank PNC Financial Services Group shares jumped 12.7 per cent to $50.65 on far better-than-expected [...]
Another see-saw week ahead in US October 18, 2009 AFTER a week in which we saw US earnings good and not so good stimulate the Dow to both push through the 10,000 level and then close below it, this week could well see the see-saws continue as the corporate results keep on coming. Expect to be swamped with almost half of all the stocks [...]
Another see-saw week ahead in US October 18, 2009 AFTER a week in which we saw US earnings good and not so good stimulate the Dow to both push through the 10,000 level and then close below it, this week could well see the see-saws continue as the corporate results keep on coming. Expect to be swamped with almost half of all the stocks [...]
Switzerland ticks the boxes for bankers with a taste for nature October 1, 2009 EARLIER this year, the local governments of Geneva and Zug hosted an event called Make the Move at a Mayfair club, where they explained to hedge fund managers why they should move to Switzerland. The main reason they were willing to listen, of course, is the looming 50 per cent top rate of tax. Compare [...]