Ian Livingston: the turnaround king November 3, 2011 THE TURNAROUND of BT Group under Ian Livingston has been nothing short of remarkable. When he became chief executive in 2008, its IT services arm Global Services was a basket case that threatened the very survival of the entire group. In an attempt to steal a share of big contracts from established rivals such as [...]
CITY MOVES | WHO’S SWITCHING JOBS November 28, 2011 Northgate Information Solutions The outsourcing group has appointed Adel Al-Saleh as chief executive to replace Chris Stone, who is leaving the firm. Al-Saleh previously spent five years at IMS Health, a technology-based analytics and services company for the healthcare industry, where his roles included president of EMEA and senior vice president of global pharma solutions. [...]
Fear gauge up as US stocks plunge October 17, 2011 US stocks suffered their worst loss in two weeks yesterday after comments from Germany’s finance minister caused investors to fear Europe’s solution to its debt crisis may not come fast enough. The S&P index had risen for two straight weeks for the first time since July, riding a wave of euphoria built on optimism that [...]
IBM stocks hit a lifetime high March 9, 2011 SHARES of International Business Machines (IBM) hit a lifetime high yesterday as analysts welcomed the tech giant’s commitment to double its profit by 2015. IBM shares rose as much as 3.3 per cent to $167.72 (£103.50), their highest level on record adjusted for stock splits, as analysts raised their target price on the company, the [...]
A chance to build Britain’s answer to Luxembourg September 25, 2011 IT IS clear that one of the things the UK needs most right now is new jobs. Real, private sector jobs. And above all in the regions away from the southeast of England. This month, the ONS has reported the largest increase in unemployment in nearly two years, as the number of people unemployed in [...]
keep one eye on any move in the dax October 24, 2011 EQUITIES staged a strong rally towards the end of last week. The move took a number of stock indices back up through significant resistance levels. The FTSE 100 broke above its 100-day moving average, around the 5,500 mark, while the major US indices behaved with even greater bullish conviction. A few pieces of better-than-expected economic [...]
keep one eye on any move in the dax October 24, 2011 EQUITIES staged a strong rally towards the end of last week. The move took a number of stock indices back up through significant resistance levels. The FTSE 100 broke above its 100-day moving average, around the 5,500 mark, while the major US indices behaved with even greater bullish conviction. A few pieces of better-than-expected economic [...]
G20 and US earnings set to be positive catalysts October 16, 2011 AREVIVAL in hopes that the Eurozone crisis can and will be contained will continue to spur stocks higher this morning. The mood of the market certainly seems to be leaning towards the positive, and that will likely be reinforced by news from Paris at the weekend that the G20 have agreed that the IMF should [...]
G20 and US earnings set to be positive catalysts October 16, 2011 AREVIVAL in hopes that the Eurozone crisis can and will be contained will continue to spur stocks higher this morning. The mood of the market certainly seems to be leaning towards the positive, and that will likely be reinforced by news from Paris at the weekend that the G20 have agreed that the IMF should [...]
CITY MOVES | WHO’S SWITCHING JOBS October 3, 2011 Palamon Capital Partners The private equity firm has appointed Julian Carreras as a principal in its pan-European team, which comprises professionals from eight countries. The move marks a return to the company for Carreras, who previously worked at Palamon Capital Partners between 2003 and 2006, joining from Goldman Sachs. Between 2006 and 2011, Carreras held [...]