Simon tries to charm Capital shareholders December 19, 2010 SIMON Property will begin an international push to lure Capital Shopping Centres’ shareholders into accepting a takeover this week, after regulators imposed a 12 January deadline for a formal offer. Simon’s advisers on the deal – Citigroup, Lazard and Evercore – are set to meet with CSC shareholders in the UK and South Africa to [...]
ECONOMIST VIEWS: WHEN MIGHT THE MPC INCREASE RATES, IF AT ALL? December 5, 2010 PHILIP SHAW | INVESTEC BANK “I expect that we will begin to see rates go up in next year’s fourth quarter. It is likely that we will see evidence of a self-sustaining recovery, so the need for interest rates at very low emergency levels will fade. However, we are unlikely to be in for any [...]
FTSE sticks above 6,000 after volatile day February 2, 2011 The FTSE’s mainstay miners and banks pushed the benchmark index to close just above 6,000 points – but profit taking and uncertainty over violent clashes in Egypt caused a turbulent day’s trading. The FTSE 100 closed up 42.25 points, or 0.7 per cent, at 6000.07, extending Tuesday’s 1.6 per cent rise. The index has recovered [...]
FTSE sticks above 6,000 after volatile day February 2, 2011 The FTSE’s mainstay miners and banks pushed the benchmark index to close just above 6,000 points – but profit taking and uncertainty over violent clashes in Egypt caused a turbulent day’s trading. The FTSE 100 closed up 42.25 points, or 0.7 per cent, at 6000.07, extending Tuesday’s 1.6 per cent rise. The index has recovered [...]
The boss of the UK’s largest broker sees a long road back to recovery March 28, 2011 The chief executive of the UK’s largest independent stockbroker Collins Stewart takes a deep breath and thinks for a moment. After a pause, Mark Brown, who is sitting in his large modern office with floor-to-ceiling views of the City, says: “I think we are about halfway towards getting the firm back to where it should [...]
Flybe gears up for a stock market debut November 14, 2010 BUDGET airline Flybe is close to announcing an initial public offering (IPO) on the London stock market, sources familiar with the matter confirmed yesterday. Europe’s largest domestic airline by passenger numbers has hired Investec and Merrill Lynch to advise on the float, which could value the company at £200m according to a Sunday newspaper. Flybe [...]
FTSE closes the week on a high January 21, 2011 ENERGY stocks led the FTSE into a rebound today following the sharp sell-offs seen in the past two days’ sessions. The FTSE 100 closed up 28.34 points, or 0.5 per cent, at 5,896.25, having hit a five-week closing low on Thursday. Royal Bank of Scotland was by far the biggest riser, up 6.5 per cent [...]
Mourad worth Big Buck’s in World Hurdle January 20, 2011 WITH just under two months to go until the start of the Cheltenham Festival, the time is right to start building our ante-post portfolio. The purpose of any bet placed such a long way in advance of the event itself is to take a price about a horse that will supposedly be a lot shorter [...]
Mourad worth Big Buck’s in World Hurdle January 20, 2011 WITH just under two months to go until the start of the Cheltenham Festival, the time is right to start building our ante-post portfolio. The purpose of any bet placed such a long way in advance of the event itself is to take a price about a horse that will supposedly be a lot shorter [...]
JPMorgan tops brokers poll December 13, 2010 JPMORGAN Cazenove has proved its worth as a broker, banker and adviser over the past five years, new analysis showed yesterday. The bank has stayed in pole position from its 2005 ranking to lead the November 2010 table of stockbrokers and advisers, as well as stockbroking rankings for FTSE100, FTSE250 and small cap clients produced [...]