UKsecurity firm to float in New York October 11, 2009 SOPHOS, the security software business founded in Britain, is expected to float in New York next year. When the company goes on to the Nasdaq stock market it is likely to achieve a valuation of about $1bn (£626m). This figure is based on the highly valued growth prospects which companies such as Sophos, as well [...]
UKsecurity firm to float in New York October 11, 2009 SOPHOS, the security software business founded in Britain, is expected to float in New York next year. When the company goes on to the Nasdaq stock market it is likely to achieve a valuation of about $1bn (£626m). This figure is based on the highly valued growth prospects which companies such as Sophos, as well [...]
BEST OF THE BROKERS September 23, 2009 MOTHERCARENoble initiated coverage on Mothercare with a “neutral” rating and a 600p target price, saying the stock offers one of the best longer-term growth stories in the retail sector. In the short-term, the broker thinks that synergies from the Early Learning Centre and property restructuring benefits will help to withstand macro headwinds.CARNIVALCharles Stanley upgraded Carnival [...]
JPMorgan arm ups EcoSecurities offer September 23, 2009 JPMORGAN Chase vehicle Carbon Acquisition Company (CAC) yesterday hiked a cash offer for the carbon offset aggregator EcoSecurities, in a bid to win round shareholders. CAC increased its initial offer of 100p per share to 105p, valuing EcoSecurities at £129m and also bought a further 18.3m shares in the company, taking its stake to nearly [...]
What to read this Christmas December 16, 2009 Thrillers THE GIRL WHO KICKED THE HORNET’S NEST BY STIEG LARSSON Maclehose, £18.99 The third and final novel in the late Swedish crime writer’s hugely popular Millennium Trilogy – all three books have been published posthumously. Computer hacker and investigator Lisbeth Salander’s third outing is no less electrifying than the previous two, as she tries [...]
DELOITTE CONSULTANT DUSTS OFF DANCING SHOES IN CINEMA DEBUT November 1, 2009 HERE at City A.M., we like to champion the interests of our dear parishioners, and there’s nothing The Capitalist likes better than hearing about one of the flock with aspirations in the glitzy world of showbiz. Step forward Sanjay Shah, a consultant at Deloitte, whose debut on the silver screen was shown across London for [...]
DELOITTE CONSULTANT DUSTS OFF DANCING SHOES IN CINEMA DEBUT November 1, 2009 HERE at City A.M., we like to champion the interests of our dear parishioners, and there’s nothing The Capitalist likes better than hearing about one of the flock with aspirations in the glitzy world of showbiz. Step forward Sanjay Shah, a consultant at Deloitte, whose debut on the silver screen was shown across London for [...]
Builders tap the market September 23, 2009 HOUSEBUILDER Barratt yesterday unveiled its widely tipped £750m fundraising through a rights issue and share placing in a bid to repair its battered balance sheet. The group said it would raise £545.5m in a rights issues and £175m through a placing. Chief executive Mark Clare said the 1.3 for one rights issue would be priced [...]
Tax credits boost profit at Deutsche October 21, 2009 DEUTSCHE Bank yesterday said it expects third-quarter profit to triple after a boost from tax credits, though analysts said the market had been anticipating an even better performance from the bank. Germany’s biggest bank said pre-tax profit for the three months to September would be in the range of €1.3bn (£1.17bn), with net profit coming [...]
Tax credits boost profit at Deutsche October 21, 2009 DEUTSCHE Bank yesterday said it expects third-quarter profit to triple after a boost from tax credits, though analysts said the market had been anticipating an even better performance from the bank. Germany’s biggest bank said pre-tax profit for the three months to September would be in the range of €1.3bn (£1.17bn), with net profit coming [...]