…but well-known bosses fail to make it this year September 13, 2009 SOME prominent women who appeared in last year’s Financial News 100 Women list have not been included in this year’s edition. Clara Furse stepped down earlier this year after eight years as chief executive of the London Stock Exchange and as a result exits the list. Investment fund manager Nicola Horlick has also lost her [...]
Post strikes will do most damage to Royal Mail October 18, 2009 IF THIS week’s postal strike goes ahead from Thursday, as expected, the Square Mile will not come to a grinding halt. The rise of the internet, email and electronic trading platforms mean that the Royal Mail’s integral role of facilitating business between City firms are long gone. I suspect that more damage will be caused [...]
Miners gain the most in 2009 so far September 22, 2009 MINING stocks have seen the biggest recovery in value of all FTSE 100 constituents so far this year, according to Thomson Reuters Datastream figures. An increased demand from the construction sector and improved confidence in a global economic recovery have driven mining shares higher, meaning that seven companies from within the sector are in the [...]
WHAT THE OTHER PAPERS SAY THIS MORNING March 28, 2010 THE SUNDAYS The Sunday Telegraph OCADO TO HIT PROFIT IN TWO YEARS Ocado’s imminent plans for a £1bn stock market flotation have been given a boost after a detailed research note from an expert retail analyst firm said that the online retailer would be making pre-tax profits within “a two-year time frame”. The note said [...]
Chi-X follows LSE in speedy IT overhaul September 16, 2009 AN ARMS race has broken out between the world’s top stock exchanges as they rush to revamp their computer systems in a bid to improve performance and win back business from their newer rivals. Chi-X, which launched in March 2007, will today announce an agreement with IBM to use the IT giant’s high-speed messaging technology [...]
FuturaGene in link to FSA insider probe March 24, 2010 TWO major shareholders in biotech firm FuturaGene are at the centre of the massive insider trading investigation being undertaken by the Financial Services Authority (FSA). Iranian national Iraj Parvizi, who owns a 15.7 per cent stake in the firm was arrested on Tuesday. He had taken his holding in the Israeli company to 15.7 per [...]
Rolet plans to take LSE on the offensive September 24, 2009 THE LONDON Stock Exchange’s new chief executive Xavier Rolet yesterday said that he would consider acquisitions as part of an aggressive push to regain market share. Rolet, who was facing analysts for the first time since taking over the role in May, said that the LSE intended to be “offensive, not defensive” in the fight [...]
LSE launches a bid to snap up Turquoise October 1, 2009 THE LONDON Stock Exchange said yesterday that it has entered into exclusive talks with trading platform Turquoise, as its new chief executive Xavier Rolet continues his drive to regain market share. The LSE said that the discussions “may lead to a transaction”, but declined to elaborate on the details of the potential deal. Analysts have [...]
Now there is a new way for traders to play forex markets November 18, 2009 WITH more than $3 trillion traded in the volatile foreign exchange markets every day, private investors have increasingly been angling for a slice of the action. And last week, exchange-traded funds (ETFs) provider ETF Securities launched a new way for individuals to gain exposure to the world’s most liquid market. The ETF-provider has launched Europe’s [...]
Aim market on the road to recovery September 20, 2009 ACTIVITY on the Aim market is picking up after a year of lingering in the doldrums, new research has shown. Companies on the London Stock Exchange’s junior market will have raised around £3.6bn by the end of the year if the steady flow of fundraisings continues, a survey of institutional investors by stockbroking firm Arbuthnot [...]