Bovis moves back into profit March 8, 2010 HOUSEBUILDER Bovis is steaming ahead with plans to invest in new land after returning to profit in 2009. The FTSE 250 group says it has restarted its land acquisition scheme with four sites with planning consent snapped up in the fourth quarter of 2009 and terms agreed on another 15. It had £122m net cash [...]
CITY MOVES | WHO’S SWITCHING JOBS August 26, 2010 McGrigors The law firm’s London office has appointed Karl Woolley as a partner in its finance practice. He is tasked with strengthening the firm’s relationship with the City’s banks and his experience in acquisition and funds finance is expected to aid this expansion. Woolley joins from SJ Berwin, where he is currently a partner. Prior [...]
Warner Bros Warner Bros snaps up Shed for £100m snaps up Shed for £100m August 5, 2010 SHED MEDIA, the UKTV production company behind programmes such as Supernanny and Footballers Wives, has been bought by America’s Warner Bros for £100m. The deal, which has already received approval from 73 per cent of Shed shareholders, sees Warner Bros offer 115p for every share investors hold. Under the agreement, Warner Bros will retain a [...]
Warner Bros Warner Bros snaps up Shed for £100m snaps up Shed for £100m August 5, 2010 SHED MEDIA, the UKTV production company behind programmes such as Supernanny and Footballers Wives, has been bought by America’s Warner Bros for £100m. The deal, which has already received approval from 73 per cent of Shed shareholders, sees Warner Bros offer 115p for every share investors hold. Under the agreement, Warner Bros will retain a [...]
Dormant bank cash will fund charity work July 18, 2010 THE Prime Minister will today announce plans to fund charitable projects using hundreds of millions of pounds that is lying dormant in unclaimed bank accounts. David Cameron will detail proposals to siphon off money from accounts that haven’t been used in the last 15 years or more, and use the cash to fund schemes in [...]
Dormant bank cash will fund charity work July 18, 2010 THE Prime Minister will today announce plans to fund charitable projects using hundreds of millions of pounds that is lying dormant in unclaimed bank accounts. David Cameron will detail proposals to siphon off money from accounts that haven’t been used in the last 15 years or more, and use the cash to fund schemes in [...]
Weak housing data drag equities down August 24, 2010 US stocks slumped, with the Dow and S&P 500 on track for a fourth day of declines as an unexpectedly large drop in home sales ratcheted up concerns about the economic recovery. Sales of US existing homes in July plummeted 27 percent to their slowest pace in 15 years, an industry group reported. The drop [...]
Weak housing data drag equities down August 24, 2010 US stocks slumped, with the Dow and S&P 500 on track for a fourth day of declines as an unexpectedly large drop in home sales ratcheted up concerns about the economic recovery. Sales of US existing homes in July plummeted 27 percent to their slowest pace in 15 years, an industry group reported. The drop [...]
Kier loses Mattar but still bullish July 12, 2010 CIVIL engineering and building specialists Kier said yesterday record net cash balances and strong order books will push it towards the upper end of market expectations when it reports full year underlying profit before tax. The update came as the group announced finance director Deena Mattar is to leave the company, with Haydn Mursell of [...]
Kier loses Mattar but still bullish July 12, 2010 CIVIL engineering and building specialists Kier said yesterday record net cash balances and strong order books will push it towards the upper end of market expectations when it reports full year underlying profit before tax. The update came as the group announced finance director Deena Mattar is to leave the company, with Haydn Mursell of [...]