Vodafone and BSkyB lifted by deal rumours December 27, 2013 BSkyB is one of the FTSE 100's biggest risers this morning, up by over 1.6 per cent on reports of a possible deal with Vodafone to offer a quad play deal – internet, television, landline, and mobile provision. Vodafone is also trading higher, with shares up by around 0.4 per cent. Marc Kimsey, senior trader [...]
Advisers Royalty Pharma February 25, 2013 HENRY GOSEBRUCH JP MORGAN CAZENOVE MANAGING DIRECTOR JP Morgan Cazenove is advising Royalty Pharma on its proposed purchase of Elan, led by Henry Gosebruch, who is a managing director in the firm’s mergers and acquisition group. Gosebruch’s focus is on the pharmaceutical and industrial sectors and he has worked on M&A transactions worth over $100bn [...]
How social trading levels the field April 7, 2014 The wisdom of crowds looks set to bridge the gap between retail and institutional investors TRADING is no longer a matter of just staying on top of major data prints and corporate releases. As this year’s emerging market crisis demonstrated, economic ripples in far-flung corners of the globe can quickly become market tsunamis. And when [...]
Watch the first footage of TV hit ’24’ filmed in the City February 3, 2014 It's the stuff of dreams. A. The next series of 24 is on its way. B. Part of it has been filmed in London. Film crews were spotted on Cobb Street in Aldgate back on 22 January and now Fox has released the footage, titled "Street Chaos | 24: Live Another Day". Cobb Street, [...]
LondonMetric makes first buy January 31, 2013 LondonMetric Property has snapped up six retail warehouses for £92.4m, its first acquisition since the company was created through the merger of London & Stamford Property and Metric Property Investments this month. The retail parks, all near London, are 98 per cent let to tenants including B&Q and Halfords, it said yesterday.
Murdoch takes control of Sky Deutschland January 14, 2013 RUPERT Murdoch’s News Corp tightened its grip on Sky Deutschland yesterday, saying it would raise its stake in the German pay-TV company to 54.5 per cent from just under half, buying up €347m (£288.6m) of new stock in a capital increase. The move comes as media conglomerate News Corp separates its publishing and entertainment assets [...]
Where can you find London’s most expensive cocktails? February 4, 2014 So apparently the world’s most expensive cocktail has been served and, we’d like to hope, enjoyed, in Russia’s Reka restaurant. The drink was created to celebrate the opening of Moscow’s first ever “ice terrace” (is that actually a novelty in Russia?) and went for $50,000 (£30,660) to Revka regular and entrepreneur Andrey Melnikov. Michel [...]
Lancaster: Clark is changed man January 9, 2013 ENGLAND head coach Stuart Lancaster insists Calum Clark has learned from his 32-week ban for breaking an opponent’s elbow, after handing the Northampton forward a Six Nations call-up. Uncapped Clark, who can play in the second row and back row, scuppered his hopes of a Test debut at last year’s championship when he hyper-extended Leicester [...]
Lira just got smashed by Turkey’s central bank January 21, 2014 As widely expected, the Central Bank of the Republic of Turkey has elected to hold rates. All three main rates have been left held, and that's seen the lira slide against the dollar. CBRT: lets hold rates, TRY will be fine pic.twitter.com/Lr1b38kMPg — econhedge (@econhedge) January 21, 2014 The central bank has been under [...]
BlackRock makes $55m punt on Manchester United shares January 30, 2013 INVESTMENT giant BlackRock yesterday bought eight per cent of the available shares in Manchester United football club, worth around $55m (£34.8m) at yesterday’s closing price. A filing with the US Securities and Exchange Commission reveals the New York-based company has snapped up 3.3m shares in the Old Trafford-based business. The football club completed its IPO [...]