Whitbread’s chief weighs up options for expansion plan August 3, 2009 WHITBREAD chief executive Alan Parker yesterday revealed he will be launching an extensive international and domestic expansion plan and took City analysts by surprise by hinting he might be prepared to tap shareholders for funds before Christmas. Whitbread, which owns budget hotel chain Premier Inn and Costa Coffee, has been eyeing up prospects in the [...]
Reed share placing to be unveiled July 29, 2009 BUSINESS and scientific magazine publisher Reed Elsevier is today expected to announce plans for a huge rights issue, as it attempts to reduce its $8.3bn (£5.1bn) debt-pile. The Anglo-Dutch company’s new chief executive, Ian Smith, will unveil plans to raise up to 10 per cent of its value through a share placing, as he announces [...]
Reed share placing to be unveiled July 29, 2009 BUSINESS and scientific magazine publisher Reed Elsevier is today expected to announce plans for a huge rights issue, as it attempts to reduce its $8.3bn (£5.1bn) debt-pile. The Anglo-Dutch company’s new chief executive, Ian Smith, will unveil plans to raise up to 10 per cent of its value through a share placing, as he announces [...]
Apple to launch tablet computer July 27, 2009 Apple is set to unveil a portable tablet-sized computer that can surf the web and may also serve as an electronic book reader in time for the Christmas shopping season. The device will be able to connect to the internet and, like the iPod Touch, will have the ability to play movies. But it will [...]
SPREAD BETTING PREMIER LEAGUE PREVIEW July 23, 2009 THE BIG question for any football punter prior to this season is ‘can Man City break into the Big Four?’. Mark Hughes has spent millions and although it looks like he’s been unsuccessful in his bid for John Terry, people are starting to sit up and take notice. Sporting Index are predicting that City will [...]
Traders seek to lock in prices as they fight volatile market July 14, 2009 RECORD volatility and unpredictability in the foreign exchange markets during the financial crisis may have seen volumes soar and day traders profit handsomely, but if you are a longer-term positional trader dipping into the forex markets or looking to hedge your trading, whether it be in the currency markets or another asset class, then volatility [...]
Traders seek to lock in prices as they fight volatile market July 14, 2009 RECORD volatility and unpredictability in the foreign exchange markets during the financial crisis may have seen volumes soar and day traders profit handsomely, but if you are a longer-term positional trader dipping into the forex markets or looking to hedge your trading, whether it be in the currency markets or another asset class, then volatility [...]
Battle of Canary Wharf and City is unimportant July 12, 2009 THIS newspaper can justifiably claim to have “scooped” the news of Nomura’s plan to base its European HQ in the Square Mile – confirmed last week but trailed, I believe, in City A.M sometime before Christmas. Many commentators have characterised the news that Nomura will take up residence in Lower Thames Street as a “victory” for [...]
Battle of Canary Wharf and City is unimportant July 12, 2009 THIS newspaper can justifiably claim to have “scooped” the news of Nomura’s plan to base its European HQ in the Square Mile – confirmed last week but trailed, I believe, in City A.M sometime before Christmas. Many commentators have characterised the news that Nomura will take up residence in Lower Thames Street as a “victory” for [...]
Telefonica connects with Palm’s rival to the iPhone July 7, 2009 TELEFONICA’S O2 and Movistar said yesterday that they have won an exclusive deal to sell Palm’s new Pre smartphone – regarded as the closest rival to Apple’s iPhone – in the UK, Ireland, Germany and Spain. Palm said that O2 would have initial exclusivity in the UK, Ireland and Germany, while Movistar would have an exclusive deal [...]