US inflation up but home building increases October 19, 2011 Inflation in the US has risen to an annual 3.9 per cent in September with little sign of slowing, data has shown, as energy and food prices jumped over the past month. Consumer price inflation rose at 0.3 per cent, its lowest pace since June, but that masked a two per cent increase in energy [...]
3i in dividend sweetener for shareholders November 10, 2011 PRIVATE equity house 3i Group faces an anxious wait to see if a doubling of its dividend and a wave of job cuts will pacify its unhappy shareholders. Last night serial critic Laxey Partners dismissed the dividend rise as pointless while other key investors Blackrock, Schroders, Scottish Widows and Legal & General all declined to put [...]
3i in dividend sweetener for shareholders November 10, 2011 PRIVATE equity house 3i Group faces an anxious wait to see if a doubling of its dividend and a wave of job cuts will pacify its unhappy shareholders. Last night serial critic Laxey Partners dismissed the dividend rise as pointless while other key investors Blackrock, Schroders, Scottish Widows and Legal & General all declined to put [...]
UK HOME-BUYERS NOT PUT OFF BY DOWNTURN September 27, 2011 ECONOMIC gloom might be hitting retail sales, but bigger spending plans are still on track, according to a report from Santander out today. Eight per cent of Londoners intend to buy a house in the next year, while 31 per cent – the highest proportion in the country – plan to buy in the next [...]
A Bajan palace with Bali twist October 13, 2011 A BAJAN dream house – complete with home cinema, gym and several pavilions – would really be something to show your friends. Well – providing you have the dough ($27m) – your showstopper has arrived, in the form of Alang Alang Bay on the beachfront of St James (45 minutes from the airport), for sale [...]
A Bajan palace with Bali twist October 13, 2011 A BAJAN dream house – complete with home cinema, gym and several pavilions – would really be something to show your friends. Well – providing you have the dough ($27m) – your showstopper has arrived, in the form of Alang Alang Bay on the beachfront of St James (45 minutes from the airport), for sale [...]
Doughty Hanson in deal for global oil and gas firm Asco November 27, 2011 THE private equity house best known for its investments in LK Bennett and Jimmy Choo has sold Asco, its oil and gas business. Phoenix Equity Partners sold the fast-growing oil and gas logistics firm, based in Aberdeen, to Doughty Hanson & Co, five years after paying £134m for it. The value of the latest sale [...]
Doughty Hanson in deal for global oil and gas firm Asco November 27, 2011 THE private equity house best known for its investments in LK Bennett and Jimmy Choo has sold Asco, its oil and gas business. Phoenix Equity Partners sold the fast-growing oil and gas logistics firm, based in Aberdeen, to Doughty Hanson & Co, five years after paying £134m for it. The value of the latest sale [...]
HOLDING NO STOCK IN EURO DELIVERANCE November 21, 2011 INVESTOR sentiment has turned decidedly bearish over the past week. As usual, the primary concern is the slow motion train wreck that is the European debt crisis. This means that Eurozone sovereign bond yields remain in focus, with the spreads of Spanish, Italian and even French debt over German bunds under intense scrutiny. Once again, [...]
HOLDING NO STOCK IN EURO DELIVERANCE November 21, 2011 INVESTOR sentiment has turned decidedly bearish over the past week. As usual, the primary concern is the slow motion train wreck that is the European debt crisis. This means that Eurozone sovereign bond yields remain in focus, with the spreads of Spanish, Italian and even French debt over German bunds under intense scrutiny. Once again, [...]