City Moves for 09 September 2014 | Who’s switching jobs September 8, 2014 Lloyds Bank Madeleine McDougall has been appointed head of origination within Lloyds Bank Commercial Banking’s global corporate real estate business. She joins from Deutsche Pfandbriefbank, where she led its international client team in the UK. McDougall has also held roles at Eurohypo and Westimmo. EY Jason Lester has been appointed UK & Ireland managing partner [...]
Best of the Brokers for 09 September 2014 September 8, 2014 To appear in Best of the Brokers, email your research to notes@cityam.com JUPITER FUND MANAGEMENT Numis has upgraded to “Buy” from “Add”, with the target price upped to 480p from 475p. The broker thinks the recent share price fall was unwarranted, as while short term earnings growth is likely to be low, the broker believes [...]
London Report: Rise of support for Scottish Yes vote knocks FTSE shares September 8, 2014 BRITAIN’S top shares fell further from last week’s 14-year high yesterday, hurt by firms with exposure to Scotland after a poll unexpectedly showed a lead for supporters of Scottish independence before the 18 September referendum. The YouGov survey for the Sunday Times newspaper was the first this year to give the Yes campaign a lead, [...]
New York Report: Energy leads stocks down September 8, 2014 THE Dow and S&P 500 ended lower yesterday after a drop in energy shares, while the Nasdaq edged higher with Yahoo. The S&P 500’s decline followed a record close on Friday. Energy led the day’s decline, with the S&P energy index off 1.6 pervcent. Shares of Exxon Mobil fell 1.5 pervcent and Schlumberger’s were down [...]
Apple iPhone 6 preview: The A to Z of what to expect ahead of the big launch event September 8, 2014 We’re finally here. It’s less than 24 hours before the not-so-secret but kind-of-secret launch of what everyone expects to be the iPhone 6 and Apple’s first wearable device. It’s going to be a big surprise if it turns out Tim Cook has something else up his sleeve considering the healthy doses of rumour and speculation [...]
Virgin on ridiculous: Four businesses showing how Richard Branson likes to “fail fast” September 8, 2014 It was only a year ago that Richard Branson was prancing around in a red kilt during the opening of Little Red, his domestic airline for the UK, which was designed to provide competition after British Airways owner International Airline Group acquired BMI. Since its launch, though, Little Red has been dogged by rumours [...]
US Open: Kei Nishikori vs Marin Cilic marks end to years of Nike and Adidas dominance September 8, 2014 When Kei Nishikori and Marin Cilic go head-to-head in tonight's (22:00 BST) US Open men's singles final, it will mark an end to years of Nike and Adidas' sponsorship dominance of grand slam finals. For the first time since the 2003 French Open final, neither sportswear brand will have a sponsored player in a [...]
Protalix share price slumps on Ebola vaccine doubts September 8, 2014 Shares in Israeli pharmaceutical company Protalix fell on the Tel Aviv Stock Exchange (TASE) yesterday, after comments made by the company's chief executive cast doubts on its ability to develop an anti-Ebola drug quickly and effectively. On Saturday, Israel's Channel 2 reported that the company's facility in the north of the country was one [...]
Amazon Fire smartphone now available in Europe with O2 tie-up in the UK September 8, 2014 Amazon Fire phone, the internet retailer’s first smartphone, will go on sale in the UK on 30 September after launching in the US in June. Amazon has partnered with O2 to offer the phone exclusively on the network. It will also launch in Germany exclusively on Deutsche Telekom network. The handset is available to pre-order from [...]
Battersea retail search: This gorgeous image shows how the South Bank will look in 2023 September 8, 2014 Battersea Power Station began the hunt for businesses to fill the redeveloped version of its 42-acre site last week, launching a global tour taking in Kuala Lumpur, New York, Dubai, Paris, Los Angeles, Milan, Tokyo, Beijing, Singapore, Hong Kong, Shanghai and Doha to find the right businesses. The scale of Battersea itself is already massive: [...]