Trinity Mirror appoints two new board members starting in 2014 December 19, 2013 TRINITY Mirror, publisher of the Daily Mirror and more than 100 regional titles, yesterday appointed two new non-executive directors to its board. Helen Stevenson and Lee Ginsberg will join the Trinity Mirror’s board from 1 January 2014. Stevenson was previously marketing chief at Yell and Lloyds TSB, and currently serves as a non-executive director at [...]
City Moves for 20 December 2013 | Who’s switching jobs December 19, 2013 Herbert Smith Freehills The law firm has announced the appointments of Sonya Leydecker (right) and Mark Rigotti as joint chief executives. Leydecker joined the firm in 1984 and was promoted to partner in 1991. Rigotti joined in 1988, and has since held senior roles including head of banking and head of corporate. KPMG The professional [...]
Best of the Brokers for 20 December 2013 December 19, 2013 To appear in Best of the Brokers, email your research to notes@cityam.com XCHANGING Panmure Gordon has picked the IT and outsourcing firm as one of its top picks for 2014, with a buy rating and 190p target, up from 160p. The broker thinks Xchanging will start to show underlying growth next year after several years of [...]
London Report: Pharma giants and Fed move lift FTSE to a two-week high December 19, 2013 BRITAIN’S main share index rose to a two-week high yesterday, helped by gains in pharmaceutical stocks and by a pledge from the US Federal Reserve to keep interest rates low. Some investors expect the blue-chip FTSE 100 index to rally into the end of 2013, forecasting gains of roughly 50-150 points between now and the [...]
New York Report: Stocks flat in Christmas lull December 19, 2013 US STOCKS finished mostly flat last night as investors paused after a rally in the previous session, though the Dow Jones Industrial Index closed at its second record high in a row. The Nasdaq declined slightly on weakness in tech shares, though its loss was limited by a rally in Oracle shares a day after [...]
Any Other Business – 20/12 December 19, 2013 Need help getting home after that Xmas party? Apple announced its top apps of 2013 this week and one of the editor’s picks was London-born travel app Citymapper. For those who haven’t already used the app – it takes your destination and gives a range of options for getting there. For giggles, it also includes [...]
UAE pulls out of BAE Typhoon aircraft deal December 19, 2013 The UAE government has decided not to proceed with a BAE deal for the supply of defence and security services, including the supply of Typhoon aircraft. The deal would have been worth around £6bn. BAE had not "built this prospect into its planning assumptions." The company says that a timely agreement in 2014 would be [...]
Exclusive: It’s a miracle – Netflix releases Christmas Eve viewing figures December 19, 2013 It’s a minor Christmas miracle: Netflix has released some viewing figures. Sort of. The online TV service, notoriously quiet about its subscriber base or their viewing habits, issued a press release this morning about Britain’s festive telly plans. The release, from an external PR agency, contains statistical insights including “a quarter of us (23%) Brits… [...]
Hackers launch assault against Chinese central bank December 19, 2013 The People's Bank of China was hacked on Wednesday in possible retaliation for the country's crack down on the crypto currency Bitcoin. The attack made the Chinese central bank's website temporarily inaccessible. The website was disabled through a Distribute Denial of Service attack. The online Bitcoin exchange BTC China was also hacked. The attack follows [...]
What it’s like to get your secret santa from the world’s richest man December 19, 2013 Reddit's Secret Santa gift exchange took an interesting turn this year when 24 year old Reddit user Rachel received a gift from a surprising secret santa. Her secret santa was no less than the billionaire founder of Microsoft, Bill Gates. The world's richest man, according to Bloomberg's Billionaires, gave Rachel a stuffed cow representing a [...]