Synthomer CEO will stand down July 1, 2014 Synthomer, the FTSE 250 listed chemical company, announced yesterday that group chief executive Adrian Whitfield will step down in June 2015 after eight years with the company. Chairman Neil Johnson said that Whitfield had overseen Synthomer’s transformation into a leading producer of aqueous polymers, with revenues having doubled to over £1bn during his tenure.
Best of the Brokers for 02 July 2014 July 1, 2014 To appear in Best of the Brokers, email your research to notes@cityam.com HENDERSON Citi has lifted its rating on the investment group to “buy” from “neutral”, keeping the target price at 268p. The broker thinks the acquisition of Geneva Capital Management fills a strategic gap, and will provide a much enhanced US equities capability. DUNELM [...]
London Report: Miners lead way as second half kicks off with a jump July 1, 2014 LONDON’S leading shares yester-day kicked off the month and the second half of the year on a positive note, as investors looked to a mixed bag of global manufacturing surveys. The FTSE 100 ended up 0.87 per cent at 6,802.92. The FTSE 100 is still 1.3 percent off its 2014 peak of 6,894.88 in May, [...]
New York Report: Dow just short of 17,000 mark July 1, 2014 WALL Street yesterday came within a whisker of 17,000 points and the S&P 500 broke yet another record, as manufacturing activity picked up in the US and Asia. The Dow Jones industrial average rose 169.24 points or 1.01 per cent, to 16,995.84 and the S&P 500 gained 17.89 points or 0.91 per cent, to 1,978.12. [...]
Letters to the Editor – 02/07 – Flexible working, EU reform failures, Best of Twitter July 1, 2014 Flexible working [Re: Firms fear a backlash over flexible work, Monday] City A.M.’s reporting on the new flexible working regulations omits the crucial point that staff can request flexibility in work location, not just hours. This reflects a common misconception among employers that flexible working is synonymous with flexi-time. In fact, multi-location working (usually involving [...]
World Cup in brief July 1, 2014 Barca happy with humble Suarez BARCELONA sporting director Andoni Zubizarreta believes disgraced Uruguay striker Luis Suarez showed his softer side by apologising to Giorgio Chiellini, seemingly smoothing the way for a possible summer switch from Liverpool to Camp Nou. He said: “Suarez has shown he is humble enough to admit an error, which is very [...]
Shamed Vincent banned for life July 1, 2014 CRICKET: Former New Zealand batsman Lou Vincent has been given a lifetime worldwide ban from the sport after admitting 18 counts of fixing. The charges relate to his spells at Lancashire and Sussex and mean the 35-year-old cannot play, coach or participate in organised cricket. He said: “I could not live with my wrongdoing any [...]
Govt hand Ainslie project £7.5m July 1, 2014 SAILING: Ben Ainslie’s America’s Cup team project has been granted a £7.5m injection form the government. Britain’s most decorated competitive sailor is aiming to raise £80m to enter the contest in 2017, and the public money is set to go towards a team base in Portsmouth.
Orient drop Olympic dispute July 1, 2014 FOOTBALL: Leyton Orient have dropped their legal bid to prevent West Ham moving to the Olympic Stadium. The League One club is on the verge of being taken over by Italian businessman Francesco Becchetti, who is thought keen to remain at the Matchroom Stadium.
Keane is new Villa assistant July 1, 2014 FOOTBALL: Aston Villa have appointed Roy Keane assistant to manager Paul Lambert. The former Manchester United captain will carry on as Republic of Ireland No2.
