CITY MOVES WHO’S SWITCHING JOBS November 2, 2009 Close Brothers Corporate FinanceThe independent corporate finance advisory firm has appointed Will Thompson to head up its support services sector team. Thompson joined the firm in March this year to lead the European healthcare services team, having previously been at Morgan Stanley. He has also worked at Lazard and Barings. He has advised on numerous [...]
M&S and ITV brighten up dull day of trading for FTSE November 18, 2009 THE UK’s main market ticked down slightly yesterday, as an unexpected drop in US housing figures spooked investors and weakness in food retailers and tobacco firms outpaced gains in miners and energy companies. The FTSE100 closed 0.1 per cent lower at 5,342.13 with Cable & Wireless, Unilever, Vodafone and HSBC going ex-dividend. Marks & Spencer [...]
WHAT THE OTHER PAPERS SAY THIS MORNING December 1, 2009 FINANCIAL TIMES HIT HAMSTER RANGE LIFTS CHARACTER GROUPToymaker and distributor The Character Group has predicted Christmas shortages of its most popular lines of children’s gifts, including Go Go Pets, based on a range of battery-powered interactive hamsters. John Lewis, the department store chain, has already imposed a limit of one order per customer for the [...]
Valencia seals victory for a patient United October 21, 2009 CSKA MOSCOW (0) vs MANCHESTER UTD (1) SIR ALEX FERGUSON hailed a job well done after his Manchester United side put themselves on the brink of qualifying for the Champions League knockout stages with a hard-fought victory over CSKA Moscow. Antonio Valencia’s strike four minutes from time maintained United’s 100 per cent record in the [...]
WHAT THE OTHER PAPERS SAY THIS MORNING November 19, 2009 FINANCIAL TIMES VODAFONE?VEXED BY VERIZON STANCEThe chief executive of Vodafone yesterday said that the question of dividend payments from Verizon Wireless, its US joint venture, was one of the most pressing items on the company’s agenda. Speaking at a MorganStanley investor conference in Barcelona, Vittorio Colao said: “We need to solve the US situation.” EUROPEAN [...]
SPORT IN BRIEF October 6, 2009 Khan faces Salita in title defenceBOXING: Amir Khan will make the first defence of his WBA light-welterweight title against Dmitriy Salita at the Metro Radio Arena, Newcastle, on Saturday 5 December. Khan, who won the title after out-pointing Andreas Kotelnik in July, takes on the American, who has won 30 and drawn one of his [...]
WHAT THE OTHER PAPERS SAY THIS MORNING November 17, 2009 FINANCIAL TIMES BARCLAYS RETAIL CHIEF WARNS NEW ENTRANTSThe new head of global retail banking at Barclays has joined the backlash of traditional bankers against the entry into banking of supermarkets and other consumer companies. Antony Jenkins said the new competitors may be under-estimating the difficulties of breaking into the market. APOLLO SETS SIGHTS ON NYSE [...]
Deripaska in HK flotation September 27, 2009 ALUMINIUM giant Rusal, the group controlled by Russian billionaire Oleg Deripaska, is set to announce one of the biggest floats of the year this week, in Hong Kong. The $30bn (£19bn) flotation, which will see 10 per cent of the group’s shares put on the Asian market, is snubbing the London Stock Exchange (LSE) because [...]
Deripaska in HK flotation September 27, 2009 ALUMINIUM giant Rusal, the group controlled by Russian billionaire Oleg Deripaska, is set to announce one of the biggest floats of the year this week, in Hong Kong. The $30bn (£19bn) flotation, which will see 10 per cent of the group’s shares put on the Asian market, is snubbing the London Stock Exchange (LSE) because [...]
Kroenke one step closer to Arsenal goal September 30, 2009 US SPORTS tycoon Stan Kroenke yesterday inched closer to his dream of taking over Arsenal Football Club, after its board confirmed that he had upped his stake to 28.7 per cent. The owner of the Denver Nuggets basketball team bought a further 80 shares in the Premiership club for £680,000, nudging him closer to the [...]