UK sees surge in number of patents filed March 26, 2012 THE NUMBER of new patented inventions in the UK rose by 29 per cent last year – the biggest leap in a decade – as 2,992 patents were granted. The figures, set out in a report from law firm Reynolds Porter Chamberlain, will come as good news for chancellor George Osborne, who in last week’s [...]
BEST OF THE BROKERS December 1, 2011 RPC GROUP JP Morgan rates the plastic packaging group as “overweight” and raises its target price to 410p from 394p, after the company reported more than 100 per cent growth in interim adjusted operating profit to £45.4m – seven per cent above the broker’s estimate. JP Morgan increases its operating profit estimates in 2012 and 2013 by [...]
CITY MOVES | WHO’S SWITCHING JOBS July 28, 2011 Cisco Systems One of the world’s largest global IT companies has appointed Phil Read as operations director for its finance and professional services business. Read rejoins Cisco after a four-year stint as a sales and marketing director at BT. In his new role, he will be responsible for the sales and engineering teams responsible for [...]
CITY MOVES | WHO’S SWITCHING JOBS July 28, 2011 Cisco Systems One of the world’s largest global IT companies has appointed Phil Read as operations director for its finance and professional services business. Read rejoins Cisco after a four-year stint as a sales and marketing director at BT. In his new role, he will be responsible for the sales and engineering teams responsible for [...]
RPC Group beats expectations as Superfos buy lifts turnover June 21, 2011 Europe’s leading plastic-packaging supplier RPC Group announced their full-year results, which where better than expected strengthened by the acquisition of its peer and cost cuts. The results for the year ended 31 March 2011 showed that sales increased by £99.3m to £819.2m due to nine per cent growth on a like-for-like basis and the inclusion [...]
RPC Group beats expectations as Superfos buy lifts turnover June 21, 2011 Europe’s leading plastic-packaging supplier RPC Group announced their full-year results, which where better than expected strengthened by the acquisition of its peer and cost cuts. The results for the year ended 31 March 2011 showed that sales increased by £99.3m to £819.2m due to nine per cent growth on a like-for-like basis and the inclusion [...]
CITY MOVES | WHO’S SWITCHING JOBS June 5, 2011 Merchant Securities Lindsey Hamilton, formerly head of wealth management at WH Ireland Group, has been appointed as sales director of Merchant Securities Wealth Management. In addition, Chris Theis will join Merchant Securities Limited in August as head of institutional sales and research, moving from Daniel Stewart & Co. AXA Real Estate The real estate manager [...]
RPC Group to buy rival firm Superfos December 16, 2010 PLASTIC packaging maker RPC Group said yesterday it planned to buy its Danish rival Superfos for €240m (£204.7m) in a deal likely to boost its market share and expand its operations into new countries. RPC said it would fund the acquisition through a rights issue and debt in the form of a new €130m term [...]
RPC Group to buy rival firm Superfos December 16, 2010 PLASTIC packaging maker RPC Group said yesterday it planned to buy its Danish rival Superfos for €240m (£204.7m) in a deal likely to boost its market share and expand its operations into new countries. RPC said it would fund the acquisition through a rights issue and debt in the form of a new €130m term [...]
FSA keeps business waiting for approval October 10, 2010 BUSINESSES looking to receive authorisation from the Financial Services Authority (FSA) are now waiting longer for approval, finds new research. Financial services firms looking to receive authorisation from the FSA had to wait up to 21.1 weeks during the second quarter to get the regulatory nod. This marks an eight per cent rise on the [...]