Best of the Brokers January 1, 2013 HANSTEEN HOLDINGS Peel Hunt rates the real estate investment trust “buy” and has a 79p target. The broker sees last week’s £60m industrial property acquisition as a classic deal for the firm, with low capital values and high yields coupled with asset management opportunities. VOLVO Morgan Stanley rates the carmaker “overweight” with a target of [...]
FTSE 100 weighed by financial shares February 4, 2013 The benchmark index edged down this morning, as Chancellor George Osborne’s plans to electrify the ring fence between banks’ retail and investment banking operations was in the spotlight. UK banking shares fell as a result. HSBC dropped 0.13 per cent, RBS was down 0.6 per cent, Barclays shed 0.07 per cent and Lloyds Banking Group [...]
Allianz Park will take Sarries to a whole new level, says Strettle February 14, 2013 SARACENS winger David Strettle believes the official opening of the club’s new £20m Allianz Park home tomorrow marks the dawning of a new era for one of English rugby’s biggest clubs. After 15 years of sharing a ground with Watford at Vicarage Road, Sarries have relocated to their new development on the site of the [...]
Hartley to miss Ulster trip with ban December 13, 2012 RUGBY UNION: Northampton and England hooker Dylan Hartley has been banned for two weeks after being cited for foul play during the 25-6 Heineken Cup defeat to Ulster last week. The Saints captain was reported for striking Rory Best and will now miss tomorrow’s return trip to Ulster along with Northampton’s Aviva Premiership clash with [...]
FTSE surges to highest level in over five years February 21, 2013 THE FTSE 100 benchmark equity index edged up yesterday to touch fresh five-year highs but its failure to close above a key technical level led some traders to expect a minor, near-term sell-off. The blue-chip FTSE 100 index closed up 0.3 per cent, or 16.30 points higher, at 6,395.37 points – its highest level since [...]
City Moves for 29 January 2013 | Who’s switching jobs January 28, 2013 Arbuthnot Latham The private bank has appointed Dan Saxby as director, private banking. He joins from Coutts & Co, where he was an executive director and wealth manager. Saxby has 24 years’ experience in the industry. BDO The accountancy firm has appointed Kevin Cummings as a tax partner. He joins from Berwin Leighton Paisner, where [...]
Ansbro comeback from horror injury hands London Irish lift November 22, 2012 LONDON Irish No8 Alex Gray insists the return of Joe Ansbro after a broken neck has given them a timely boost as they look to kick-start their Aviva Premiership campaign against Exeter Chiefs on Sunday. The Exiles have struggled without the Scotland centre, who suffered the injury in August, winning just two of their opening [...]
Will you christmas shop this saturday? December 19, 2012 ELLA JENKINS | ACCENTURE No, I will be drinking mulled wine with my friends. I bought all my presents online this year to avoid the last minute shopping. In fact, the last one just arrived with the mail. JUDE AWANI | AVIVA Yes, I am late and still have to buy presents for my nephews [...]
THE TIPSTER Aviva shedding profits and chief execs May 14, 2012 TO lose a chief executive is always rather unfortunate, but Aviva’s long-suffering shareholders must be hoping that Andrew Moss’s departure will allow the company to begin a recovery operation, but any effort will be long and involved. A possible sale of the non-life insurance operations might help shore up the capital base, but the group’s [...]
Aviva will take rest of year to find new CEO May 17, 2012 AVIVA yesterday admitted it will take the rest of 2012 to find a new chief executive, as it announced it had seen a five per cent drop in life insurance sales for the first quarter. Andrew Moss, the insurer’s former boss, last week became the highest-profile casualty of the shareholder spring when he quit after [...]