Autonomy shares rocked by cut in profits forecast October 6, 2010 software firm Autonomy said it would cut its full-year revenue guidance by about three per cent after weaker-than-expected demand, sending its stock sharply lower. Shares in the group, whose meaning-based search software is used by multinationals and governments, plunged as much as 21 per cent to an eight-month low of 1,464p, the largest FTSE 100 [...]
More merger mania as NYSE enters talks February 9, 2011 EXCHANGES worldwide are being swept up in an accelerating wave of consolidation after Deutsche Börse yesterday afternoon revealed it was in advanced talks with NYSE Euronext to create the world’s largest exchanges operator by revenues. Coming just hours after the London Stock Exchange (LSE) and Canada’s TMX Group said they would join forces to create [...]
More merger mania as NYSE enters talks February 9, 2011 EXCHANGES worldwide are being swept up in an accelerating wave of consolidation after Deutsche Börse yesterday afternoon revealed it was in advanced talks with NYSE Euronext to create the world’s largest exchanges operator by revenues. Coming just hours after the London Stock Exchange (LSE) and Canada’s TMX Group said they would join forces to create [...]
Autonomy sees revenues rise 7pc as market picks up July 22, 2010 BRITISH software firm Autonomy posted a seven per cent rise in earnings in the second quarter, after seeing a “gentle” improvement in the market, giving it confidence about the year ahead. Chief Executive Mike Lynch said that the group’s customers, which include multinationals and governments, were positive but still cautious. “Overall we face the rest [...]
CITY MOVES | WHO’S SWITCHING JOBS December 7, 2010 Aviva Investors Aviva Investors has appointed a new client portfolio manager for fixed income, Raphaelle Moysan (pictured). She will be responsible for liaising with potential clients with a focus on fixed income and absolute return. She will be based in London and report to Anne-Sophie Girault, while also working with the fixed income teams globally. [...]
CITY MOVES | WHO’S SWITCHING JOBS December 13, 2010 Logica Seamus Keating, currently Logica’s chief operations and finance officer, has been announced as the firm’s chief executive for the Benelux countries. He will take up his new job as soon as a successor for his role as CFO has been found, replacing Wilbert Kieboom, who has decided to leave the group. Kieboom will, however, stay [...]
BoA Merrill to rejig European finance team September 14, 2010 BANK of America Merrill Lynch yesterday unveiled changes in its team covering Europe’s financial firms, following similar announcements from two other banks ahead of an expected increase in equity raisings and deals. Bank of America Merrill Lynch hired four financial institutions group (FIG) bankers and said it was rejigging its Europe, Middle East and Africa [...]
BoA Merrill to rejig European finance team September 14, 2010 BANK of America Merrill Lynch yesterday unveiled changes in its team covering Europe’s financial firms, following similar announcements from two other banks ahead of an expected increase in equity raisings and deals. Bank of America Merrill Lynch hired four financial institutions group (FIG) bankers and said it was rejigging its Europe, Middle East and Africa [...]
CITY SUPER WOMAN BEATS THE BIG BOYS November 3, 2010 CITY SUPER WOMAN BEATS THE BIG BOYS THIS past year hasn’t exactly been a walk in the park for corporate financiers, with company IPOs dropping like flies – particularly in the first half of the year – as nervous investors quaked in their boots. But in that kind of climate, of course, the best really [...]
Autonomy revenues rise 50 per cent April 21, 2010 AUTONOMY reported a sharp rise in profits and earnings yesterday bolstering investor hopes that the worst of the downturn is behind it. The software firm announced revenue of $194.2m (£126m), up 50 per cent year-on-year, and adjusted net profit of $61.7m, up 44 per cent from $40.2m the year before. The results were slightly above [...]