Rewarding deductions at Baker Street June 15, 2011 FROM their offices in Baker Street, Richard Hallett and his colleagues at Hargreave Hale are successfully detecting the right companies to bring in considerable returns. Alongside Giles Hargreave, Hallett manages the Marlborough Leading Companies fund. Although he is concerned about the macroeconomic outlook – particularly in Europe – he sees plenty of companies that offer [...]
Rewarding deductions at Baker Street June 15, 2011 FROM their offices in Baker Street, Richard Hallett and his colleagues at Hargreave Hale are successfully detecting the right companies to bring in considerable returns. Alongside Giles Hargreave, Hallett manages the Marlborough Leading Companies fund. Although he is concerned about the macroeconomic outlook – particularly in Europe – he sees plenty of companies that offer [...]
Hugh Osmond snaps up power firm APR in deal worth £527m June 13, 2011 HUGH Osmond, the entrepreneur behind Pizza Express and Punch Taverns, is to buy US temporary power provider APR energy in an $855m (£527m) deal. Horizon Acquisition, a cash shell that Osmond floated on the alternative investment market in February 2010, announced yesterday that it will pay $395m cash and $495m in shares for a 59 [...]
Hugh Osmond snaps up power firm APR in deal worth £527m June 13, 2011 HUGH Osmond, the entrepreneur behind Pizza Express and Punch Taverns, is to buy US temporary power provider APR energy in an $855m (£527m) deal. Horizon Acquisition, a cash shell that Osmond floated on the alternative investment market in February 2010, announced yesterday that it will pay $395m cash and $495m in shares for a 59 [...]
BEST OF THE BROKERS April 14, 2011 ASOS JP Morgan rates the online retailer “neutral” but has raised its target price from £13.20 to £19. The broker was pleasantly surprised by ASOS’s sale growth in the last three months of the financial year, which more than offset extra investment in promotional offers. JP Morgan thinks the rise in expenditure is already paying [...]
Asos jumps on overseas sales October 14, 2010 ONLINE fashion retailer Asos said it was on track to meet full-year profit forecasts after a 47 per cent jump in second-quarter sales, led by demand from abroad and sales of aviator jackets and capes. Asos shares, which have more than doubled this year, fell around six percent as analysts worried about a slowdown in [...]
City honoured in the Queen’s birthday list June 12, 2011 BANK of England governor Mervyn King has topped a list of City figures recognised for their services to British business, banking and finance in the Queen’s birthday honours list. This year’s honours list is weighted heavily towards recognising the contribution of the City. This is partly due to it being seen as politically unpalatable for [...]
Summer glow essentials April 18, 2011 Get the look 1 YSL Volupte Sheer Candy Glossy Lip Balms, £21 at Harrods. www.harrods.com 2 Nars Velvet Gloss Lip Pencils, £17.50 each at John Lewis, House of Fraser and Selfridges 3 Urban Decay stardust eyeshadow in Griffith, £15, www.asos.com 4 Benefit Bella Bamba blush, £23.50, www.benefitcosmetics.co.uk 5 Clinique Chubby stick in chunky cherry, £14.00, [...]
Asos sees sales surge by 47 per cent October 14, 2010 Online fashion retailer ASOS said it was on track to meet full-year profit forecasts after a 47 per cent surge in second-quarter sales. ASOS, which launched a US website last month, also said it expected to launch French and German versions by the end of the month. Retail sales jumped to £69.7m in the three [...]
RISING STAR OF THE YEAR | THE SHORTLIST DAY 2 June 20, 2011 LUCKILY for all of us the City is full of rising stars, people we all think will make it to the top. This year’s selection includes Sam Smith, who has been making waves as head of the small cap broker finnCap. We’ve chosen two high-flying lawyers, one investment analyst and a fast rising star from [...]