Playtech posts dip in revenue May 13, 2009 Shares in Aim-listed gambling software developer Playtech dipped sharply yesterday after a first quarter trading update revealed the firm’s underlying growth fell by one per cent on a like for like basis compared to the fourth quarter of 2008. Broker Evolution Securities reiterated its “sell” rating, saying it was “something of a surprise” that underlying [...]
How comics can teach you to be a better communicator May 13, 2009 WHAT’S the difference between a pizza and a banker? Now, you might say that now is not the time for joking in the City, and indeed some might argue that the Square Mile already has more than its fair share of comedians. But I say that there are not enough. One of the keys for [...]
VT is building a great warchest so get ready for a spending spree May 13, 2009 For a man with cash burning a hole in his back pocket, VT Group’s chief executive Paul Lester looks surprisingly unruffled. He sits in the airy second floor boardroom of the defence and support services firm’s London offices in the Blue Fin Building and is happy to tell City A.M. what he plans to do [...]
VT is building a great warchest so get ready for a spending spree May 13, 2009 “Government can’t afford its current spending rate. But tough cuts will be made after the next election.” “There are lots of distressed firms out there that are running out of cash. There is nothing we want so far.”
VT is building a great warchest so get ready for a spending spree May 13, 2009 “Government can’t afford its current spending rate. But tough cuts will be made after the next election.” “There are lots of distressed firms out there that are running out of cash. There is nothing we want so far.”
VT is building a great warchest so get ready for a spending spree May 13, 2009 Age: 59 Work: 1968 – joins Dowty Fuel Systems as a student apprentice. 1980 – group general manager for energy services group Schlumberger. 1987 – managing director, Dowty Aerospace & Defence. 1990 – chief executive of instruments specialist Graseby. 1997 – group managing director, Balfour Beatty. 2002 – CEO at VT Group Education: Studied mechanical [...]
VT is building a great warchest so get ready for a spending spree May 13, 2009 Age: 59 Work: 1968 – joins Dowty Fuel Systems as a student apprentice. 1980 – group general manager for energy services group Schlumberger. 1987 – managing director, Dowty Aerospace & Defence. 1990 – chief executive of instruments specialist Graseby. 1997 – group managing director, Balfour Beatty. 2002 – CEO at VT Group Education: Studied mechanical [...]
MoD offloads Qinetiq September 10, 2008 QinetiQ shares took a nosedive yesterday after the Ministry of Defence announced it would sell the 18.9 per cent stake it retained after the defence technology company was floated two years ago. The government said that its 124.9m shares would be sold via an “accelerated bookbuild offering to be launched immediately”. However, it will retain [...]
Tullow finds crude again September 10, 2008 Tullow Oil, the Africa-focused explorer, said yesterday it had made another crude discovery at its Kigogole-1 well in the Butiaba region of Uganda. Tullow, which holds more exploration licences than any other British firm in Africa, said that the well was drilled to a total depth of 616 metres and found two oil zones. The [...]
BG concedes defeat over deal with Australia’s Origin September 10, 2008 BG group said yesterday it would not increase its hostile takeover bid for Australian Origin Energy after the company agreed to a joint venture with American oil giant ConocoPhillips. BG’s offer of A$15.50 (£7.08) a share, which expires on 26 September, will not be extended and is expected to lapse, BG said in a statement. [...]