BEST OF THE BROKERS February 10, 2011 ARM HOLDINGS RBS rates the technology company “buy” with a target price of 625p. Hewlett Packard’s introduction of the Palm operating system on its PCs later this year could help ARM penetrate the notebook PC market, moving its market share from one per cent in 2011 to 20 per cent by 2015. RBS estimates that [...]
BEST OF THE BROKERS February 10, 2011 ARM HOLDINGS RBS rates the technology company “buy” with a target price of 625p. Hewlett Packard’s introduction of the Palm operating system on its PCs later this year could help ARM penetrate the notebook PC market, moving its market share from one per cent in 2011 to 20 per cent by 2015. RBS estimates that [...]
WHAT THE OTHER PAPERS SAY THIS MORNING March 29, 2011 FINANCIAL TIMES NETWORK RAIL AIMS TO TAKE TRACTION OUT OF BONUS ISSUE Network Rail will seek to allay long-standing concerns about its executive bonuses by putting a new system to the vote of its 100 members tomorrow. But the scheme, intended to provide a longer term solution to the issue, has been criticised by the [...]
BA and Iberia fly into FTSE January 23, 2011 THE COMPANY formed following the merger of British Airways with Spanish carrier Iberia will today join a small handful of foreign incorporated firms on the London Stock Exchange as a FTSE100 firm. International Consolidated Airlines Group (IAG) will fly into the FTSE100 as one of the UK’s top companies, despite its official status as a Spanish firm. [...]
Broughton’s new company is through to final Tote round January 31, 2011 A new sports investment group formed by Sir Martin Broughton, the former British Airways and Liverpool Football Club chairman, has made it through to the final round of bidding to take over the Tote, the government’s bookmaker. Broughton’s son Michael, of Sports Investment Partners said yesterday: “Sports Investment Partners is very pleased to have been [...]
Wetherspoon’s Down to be Go-Ahead’s finance head January 24, 2011 THE FORMER JD Wetherspoon finance chief who shocked the pubs sector by quitting in October was yesterday unveiled as transport group Go-Ahead’s new finance director. Go-Ahead, which runs a fifth of London’s buses as well as the Southern and South Eastern rail franchises, is listed in the FTSE 250. He will replace Go-Ahead’s Nick Swift [...]
Desert dreaming: a second home in the sun March 31, 2011 BUSTLING markets, scorching heat, exotic dress and fantastic food. It is hard to believe that the almost otherworldliness of Marrakesh is just three and 35 minutes away from London. Charl Ackerman, a London-based property developer with Aylesford International, uses his home in Marrakesh like many do their country home: “I often fly out on weekends. [...]
Why jet-setting employees are a legal headache March 29, 2011 SUPPOSE an employee – let’s call her Snow White – works in Paris but lives in London. How much “home” or “train” work does White need to do to be covered by English laws? In the recent case of British Airways v Mak, the Court of Appeal decided that English tribunals have jurisdiction to hear [...]
Oil surges on Libyan crisis February 23, 2011 THE PRICE of oil continued to surge yesterday, after at least half of Libya’s production ground to a halt amid escalating violence. Brent crude for delivery in April soared six per cent to race to more than $112.12 a barrel, its highest level in two-and-a-half years. West Texas Intermediate crude for March delivery jumped 3.9 per [...]
Airlines are wary over NATS plan February 6, 2011 AIRLINES do not want the government to reduce its dominant stake in the country’s air-traffic control system below 25 per cent, it is understood. The government is considering reducing its 49 per cent stake in the air-traffic control system NATS as part of measures to pay off the ballooning public debt. But the Airline Group, [...]