New York and fuel trim FTSE – London Report October 2, 2015 UK SHARES outperformed their European counterparts yesterday as mining and oil and gas companies rose, although weakness on Wall Street trimmed the gains. The blue-chip FTSE 100 index closed just 10.86 points higher, up 0.2 per cent at 6,072.47 points, having been up by more than one per cent for most of the session. Mining [...]
Best of the Brokers for 2 October 2015 October 2, 2015 To appear in Best of the Brokers, email your research to notes@cityam.com REDROW Housebuilder Redrow “is the most growth-focused UK housebuilder,” Jefferies follows, with “virtually all the available cash is being used to buy land”. So the broker is not at all alarmed by the low dividend (lowest in the sector) announced with the company’s full-year [...]
How you can secure a partnership role: Find a mentor and have a list of contacts in every specialism October 2, 2015 You don’t just wake up one morning and decide you want to become an equity partner. It may seem daunting, but you must take your professional development in your own hands. Ambition will really set you apart from your colleagues, and you may even have been spotted by your employer as potential partner material, but [...]
T-Mobile boss ‘incredibly angry’ as data from 15m customers is leaked in Experian data breach October 2, 2015 T-Mobile boss John Legere said last night that he was "incredibly angry" about news that 15m of the company's US subscribers could have been affected by a data breach at Experian. Experian processes the mobile network operator's credit applications. The hacked data includes customers' names, dates of birth, addresses and Social Security numbers, as well as [...]
TV wars: Amazon banishes Google Chromecast and Apple TV to “avoid confusion” as it focuses on Prime October 1, 2015 Is this the new war of the smartphones? Amazon, which has increasingly placed a focus on its Prime Instant Video TV offering, has banished Apple and Google's TV streaming offerings from its shelves. Businessweek reported today that the company has decided to stop stocking both the Apple TV (a new version of which is due [...]
This MBA student bought Google’s domain name for $12 October 1, 2015 We knew Google was rebranding as Alphabet – but this is ridiculous. An MBA student from Boston has told the curious tale of how he ended up as the proud owner of the Google.com domain name – for several minutes, anyway. Sanmay Ved was experimenting with Google's new Domains site, which allows users to register [...]
Financial watchdog tells banks to sort out current accounts as complaints soar October 1, 2015 The financial watchdog has called on banks to take action as the number of people complaining about their current accounts to banks soared 31.2 per cent over the past six months. The Financial Conduct Authority (FCA) released figures showing there has also been an 11.1 per cent increase in the number of customers complaining about [...]
City Moves for 02 October 2015 | Who’s switching jobs October 1, 2015 BAKER & MCKENZIE The law firm has appointed Dyann Heward-Mills as a partner to its data protection and privacy practice in London. The qualified barrister joins from GE Capital, where she was global senior privacy counsel. Prior to joining GE Capital, Heward-Mills spent five years at Linklaters as their senior privacy and communications lawyer. She [...]
Why middle age is the unhappiest time of your life (but things get better after 65) October 1, 2015 They say school years are the best of a person's life – but what about the worst? A researcher has suggested people are at their lowest ebb during middle age – although there is a light at the end of the tunnel. Dr Ioana Ramia, a researcher at the University of New South Wales, said [...]
Seesaw day for Wall Street – New York Report October 1, 2015 US STOCKS had a mixed session yesterday, attempting to put a steady start to the fourth quarter, as investors weighed soft manufacturing data and looked ahead to today’s jobs report. The Dow Jones industrial average fell 12.69 points, or 0.08 per cent, to 16,272.01, the S&P 500 gained 3.79 points, or 0.2 per cent, to [...]