Endurance International hits back at Gotham City claims April 29, 2015 Endurance International Group – the Nasdaq-listed firm that was targeted yesterday by short seller Gotham City – has dismissed its claims as “baseless and not rooted in reality”. Yesterday the shadowy analyst firm identified EIGI as a company “that gets us as excited as Quindell and Gowex did”, putting a zero-dollar price target on [...]
Endurance International Group’s share price is tanking after Gotham City compared it to Quindell, Gowex April 28, 2015 Gotham City Research has got investors' attention with a note about Endurance International Group (EIGI), with a target share price of “$0.00 per share”. The shadowy analyst firm posted an intriguing tweet earlier today saying it had found a company “that gets us just as excited as Quindell and Gowex did”. https://twitter.com/GothamResearch/status/593045486216425472 [...]
Apple breaks another record as share price surges above $134.5, market cap rises to $775bn April 28, 2015 Apple's share price just won't quit. Shares in the iPhone maker have reached another new high – this time the share price peaked at $134.54 during early trading. That gave it a market cap of more than $775bn. It has slipped back down now to around $131.5 – and its market cap has [...]
TfL wants businesses to pitch “something exceptional” to transform its disused Down Street Tube station April 28, 2015 Transport for London is calling on businesses to come up “something exceptional” to take on the lease of its disused Down Street Tube station. Down Street Tube, on a quiet residential street just off Piccadilly, opened in March 1907 on the Great Northern Piccadilly and Brompton Railway. It closed in May 1932 because of [...]
“Flash crash” trader Navinder Sarao expected to return to London court tomorrow after failing to pay bail April 28, 2015 So-called “flash crash” trader Navinder Sarao is expected to appear in court tomorrow after failing to raise the bail needed to secure his release from custody. Sarao was arrested last week for allegedly manipulating the markets and contributing to the flash crash of May 6, 2010, which wiped billions off the value of US [...]
London commuting is more stressful than moving house, going to the dentist or dealing with money matters April 28, 2015 Commuting in London is more stressful than moving house, going to the dentist or dealing with money matters. Our daily journey to and from work is even more infuriating than the job itself. For those of us who have had to put up with months of stress at London Bridge, the Farringdon flood, [...]
RBS spin-off Williams & Glyn loses chief executive John Maltby ahead of IPO April 28, 2015 Williams & Glyn, the challenger bank being carved out from RBS as a condition of the latter's bailout during the financial crisis, has lost its chief executive before it has even launched. John Maltby will be replaced by Jim Brown, currently chief executive of Ulster Bank. Maltby will take up his former role [...]
General Election 2015: David Cameron dismisses Russell Brand as “a joke” ahead of Ed Miliband interview April 28, 2015 David Cameron has called comedian-turned-political activist Russell Brand “a joke” and said the public should ignore his stance on not voting. Speaking at an event in North London, Cameron said he "profoundly disagreed" with Brand. "He says don't vote, it only encourages them. That's funny, right, it's funny. But politics and life and elections and [...]
Happy #EdBallsDay: It’s the fourth anniversary of *that* tweet April 28, 2015 Update: Ed Balls has made everyone's Ed Balls Day the best yet. https://twitter.com/edballsmp/status/593072495395282944 Crack open the champagne and settle down for hours of social media lolz. It's Ed Balls Day again. Ed Balls It's the fourth anniversary of what has become one of the finest tweets the political world has ever seen. Back [...]
Ex Morrisons chief Dalton Philips pockets £1m bonus April 28, 2015 Former Morrisons chief executive Dalton Philips, whose last year in the role saw the supermarket cut its dividend amid large losses, is being given a £1m bonus for 2014/15. This comes on top of his base salary of £850,000, and other benefits including his pension. In total, Philips will take home almost £2.1m. [...]
