City Moves for 19 December 2013 | Who’s switching jobs December 18, 2013 KPMG The professional services firm has hired Stephen Frost as head of diversity. He was formerly head of diversity and inclusion at the London Organising Committee of the Olympic and Paralympic Games from 2008 to 2012. Prior to that, Frost worked at Stonewall. Mizuho The securities and investment banking arm of the Mizuho Financial Group [...]
Best of the Brokers for 19 December 2013 December 18, 2013 To appear in Best of the Brokers, email your research to notes@cityam.com MERLIN ENTERTAINMENTS Barclays has initiated coverage of the entertainment company with an “overweight’ rating and a 390p price target. Past growth secured by strong brands in an expanding segment convinced the analysts that the company could deliver long-lasting results. PETROPAVLOVSK Cannacord Genuity reiterates [...]
London Report: Supermarkets help to push FTSE down amid thin trading December 18, 2013 THE UK’s main equity index steadied in thin trade yesterday, with investors cautious before what is seen as a tight policy decision by the US Federal Reserve, and with a sell-off in retailers putting a lid on any gains. Strong US data, including yesterday’s forecast-beating housing starts, has fuelled expectations that the Fed could scale [...]
New York Report: Wall St surges on Fed move December 18, 2013 US stocks staged an explosive rally yesterday, driving the Dow and the S&P 500 to all-time closing highs after the Federal Reserve announced it would start to unwind its historic stimulus. While the Fed’s move came as a surprise to many in the market, it confirmed that the US economy was on firmer footing and [...]
Capital One Cup: Maiga inflicts debut disaster on Sherwood December 18, 2013 TOTTENHAM HOTSPUR 1 vs WEST HAM UNITED 2 INTERIM Tottenham boss Tim Sherwood admits he is the dark over his future after his tenure started in disaster last night with a Capital One Cup defeat at home to London rivals West Ham. Spurs led until 11 minutes from time, through a ferocious volley from striker [...]
Storm delays United victory December 18, 2013 A HAILSTORM stopped Manchester United’s Capital One Cup quarter-final at Stoke last night before goals from Ashley Young and Patrice Evra set up a last-four clash against Sunderland. Players were called off for 10 minutes when the downpour prompted referee Mark Clattenburg to halt play half an hour into the match, with the score 0-0. [...]
Djokovic hires Becker as coach December 18, 2013 TENNIS world No2 Novak Djokovic has joined forces with six-time grand slam champion Boris Becker in a bid to reclaim top spot in the rankings from Rafael Nadal. Djokovic has hired the German as his head coach, following the path taken by Britain’s Andy Murray, who has made his major-winning breakthrough after teaming up with [...]
Moores doubts England coach Flower has hunger to continue December 18, 2013 FORMER England cricket coach Peter Moores admits he is unsure whether his successor Andy Flower still has the motivation to continue in his role beyond the current doomed Ashes tour. But Moores insists that Flower, who has refused to commit beyond the end of the Test series, is the right man to inspire a response [...]
Northampton cop North fine December 18, 2013 NORTHAMPTON have been fined £60,000 for releasing wing George North to play in Wales’s 30-26 defeat to Australia last month. Premiership Rugby rules forbid clubs from allowing non-English players to take part in Test matches outside the International Rugby Board’s designated window. Saints have admitted the breach and will not appeal the fine. They have [...]
Ex-Team Sky rider fails drug test December 18, 2013 CYCLING: Former Team Sky rider Michael Rogers has been suspended after the Australian tested positive for banned substance clenbuterol in October, while competing for new team Saxo-Tinkoff. It comes after Team Sky’s Jonathan Tiernan-Locke was charged with an anti-doping violation relating to 2012, before he joined the British outfit.
