Bostock to lead Santander into UK flotation September 29, 2014 FORMER RBS finance boss Nathan Bostock will lead Santander UK into its stock market flotation after he was yesterday appointed as chief executive on a permanent basis. He took the reins earlier this month when Ana Botin moved to become executive chairman of the global Santander group, taking the role after the death of her [...]
Eircom boss out after pulled IPO September 29, 2014 HERB Hribar, chief executive of Irish telecom company eircom, is stepping down from his position, it was announced yesterday. His decision comes just two weeks after the company announced it would not proceed with a stock market listing due to shareholder opposition. Hribar decided not to renew his contract with the company. Eircom’s finance chief, [...]
Merged Endemol, Shine and Core led by Laing September 29, 2014 Sky’s former director of content, Sophie Turner Laing, is in line to score the top job at the merged Endemol, Shine and Core Media group, if the deal to create world’s largest independent television production group is signed off by owners 21st Century Fox and Apollo Global Management.
Best of the Brokers for 30 September 2014 September 29, 2014 To appear in Best of the Brokers, email your research to notes@cityam.com MICRO FOCUS INTERNATIONAL UBS has upgraded from “Neutral” to “Buy”, and raised the target price from 900p to 1,140p. The broker believes the deal with Attachmate may be transformational, and there is a good chance of management coming through on the cost side [...]
FTSE flat as Hong Kong protests hits Asia-exposed firms – London Report September 29, 2014 Britain’s top share index ended flat yesterday as unrest in Hong Kong kept a lid on Asia-exposed stocks and concern over demand for metals hit miners. The blue-chip FTSE 100 index closed down 2.79 points – flat in percentage terms – at 6,646.60 points. The index, which dropped 2.8 per cent last week, is down [...]
Ford forecast lowers stocks – New York Report September 29, 2014 US stocks ended lower yesterday following protests in Hong Kong that added to worries about Chinese growth and after a disappointing forecast from Ford. The S&P consumer discretionary sector, down 0.6 per cent, had the most losses. Ford shares fell 7.5 per cent and the stock was the S&P’s biggest percentage decliner after it lowered [...]
Gimme 5: Upcoming events for entrepreneurs September 29, 2014 Pitch Workshop for Startups Run by 2Pears, the workshop provides pitch training for new startups. You’ll learn how to successfully pitch your business in three minutes. 14 October, morning and afternoon sessions £27.95. ‘CITYAM’ gives 15 per cent discount tinyurl.com/nnebmpk The Mobile Academy UCL Advance’s ten-week course starts tomorrow, and offers workshops, surgeries and [...]
Ineos targets 2018 for £2.5bn shale payout September 28, 2014 INEOS hopes to begin its £2.5bn shale gas payout in 2018, following chairman Jim Ratcliffe’s pledge to give back six per cent of revenues from its shale gas business to homeowners, landowners and local communities The chemical company intends to establish so called Ineos shale gas communities – 100 square km areas each boasting 200 [...]
Towry turns to art with Turk and Gormley September 28, 2014 WEALTH advisor Towry enjoyed a reason to celebrate last week. It is the sponsor of the National Open Art Exhibition, which announced its winner, an artist called Mackie, on Thursday with a series of events including a prize giving ceremony on Friday at Somerset House. L-R: Neil Lawson Baker (CEO National Open Art Exhibition), Gavin [...]
Three things you didn’t know about… September 28, 2014 CEO of Metro Bank Craig Donaldson 1 While living in Kenya for almost two years, Donaldson was held up by a gunman, but that didn’t stop him falling in love with both the country and continent. 2 He has sat with gorillas in Zaire (now the Republic of Congo), chimpanzees in the Rwenzori Mountains of [...]
