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 [...]
FOREX ANALYST PICKS November 2, 2010 FOREX STRATEGIST JOEL KRUGER My pick: Buy dollar-yen at ¥79.50 Expertise: Classic technical analysis Average time frame of trades: 1 month-12 months This market has been under intense pressure for several months, with the price dropping to fresh multi-year lows and now quickly closing in on a retest of the 1995 record lows by ¥79.75. [...]
FOREX ANALYST PICKS November 2, 2010 FOREX STRATEGIST JOEL KRUGER My pick: Buy dollar-yen at ¥79.50 Expertise: Classic technical analysis Average time frame of trades: 1 month-12 months This market has been under intense pressure for several months, with the price dropping to fresh multi-year lows and now quickly closing in on a retest of the 1995 record lows by ¥79.75. [...]
Hernandez proves United saviour again October 26, 2010 MANCHESTER UTD(3) vs WOLVES(2) DELIGHTED Manchester United boss Sir Alex Ferguson lavished praise on new hero Javier Hernandez after the Mexican grabbed the winning goal for the second time in three days. The summer signing struck in the 90th minute to book United’s place in the Carling Cup quarter-finals and shatter Wolves, who had twice [...]
CITY PUBLIC AFFAIRS LANDSCAPE DUE FOR A SHAKE-UP AS TIM BURT LEAVES BRUNSWICK December 1, 2010 TIME for some fresh blood in City public affairs, it seems, with the founding of a brand new financial PR firm by Brunswick partner Tim Burt. Burt is set to launch Stockwell Group along with the former chief executive of Maitland Philip Gawith and Financial Dynamics co-founder Julian Hanson-Smith, both of whom will be on [...]
OFT puts off decision on Travis Perkins September 27, 2010 BUILDING merchant Travis Perkins said yesterday its £558m purchase of BSS Group has been delayed after the Office of Fair Trading (OFT) said it needed more time to examine the deal. Travis Perkins, which also runs the Wickes DIY chain, told the stock market the OFT had extended the decision date on whether to approve [...]
WHAT THE OTHER PAPERS SAY THIS MORNING November 14, 2010 FINANCIAL TIMES LLOYDS TO SPIN OFF BUY-OUT ARM The private equity arm of Lloyds Banking Group has for the first time outlined plans for the UK’s most prolific buy-out investor to spin off from its banking parent. Darryl Eales, chief executive of Lloyds TSB Development Capital, said it was expected to start raising money from [...]
Ruling the theatre roost November 11, 2010 OF all the areas you might expect a canny private equity firm to invest serious bucks, the theatre business – with its reputation for volatile actors and directors, no less volatile audiences, and millions poured into shows that can fold almost immediately – might not be top of the list. However, London firm Exponent has [...]
FOCUS ON: HAMPTON August 12, 2010 CHURCH STREET £750,000 A pretty, three-bedroom cottage in Hampton’s old village quarter, close to Hampton Court Palace and the Thames. Contact Tredinnick &?Bower on 020 8979 9922 or visit www.tredinnickandbower.co.uk MARLBOROUGH ROAD £1.25m A characterful detached house built in the 1930s in the Arts and Crafts style within half a mile of the area’s most [...]
Reckitt profit up but warns over growth July 26, 2010 CONSUMER goods maker Reckitt Benckiser warned of shrinking European growth and posted its first ever quarter-on-quarter underlying sales dip in the region yesterday. The British group, which makes nearly half its sales in Europe, said growth had virtually disappeared in its markets there. However, Reckitt saw a 21 per cent rise in second quarter overall [...]