Remembering Photoshop’s flops February 19, 2015 TURNING 25 isn’t easy, that first grey hair pokes through, eye cream is now a thing, and hangovers just got a whole lot worse. But for over two decades now Photoshop has worked its socks off hiding these blemishes from the pages of glossy magazines, tabloid newspapers and celebrity photo albums. The chief executive of [...]
City A.M. walks (and walks and walks) the walk February 19, 2015 We at City A.M. love a charity do as much as the next person. Although the effort required is usually us just digging into our wallets to see what coins are jangling to add to our feel-good factor of the day. But not anymore – we are stepping up our efforts, quite literally. City A.M. [...]
Worldview row with Petroceltic rages on February 19, 2015 IRISH oil firm Petroceltic yesterday hit back at claims it had refused a request from shareholder Worldview Capital for its representatives to attend an extraordinary general meeting in Dublin next week. The meeting, requested by Worldview, is being held to vote on resolutions to remove Petroceltic chief executive Brian O’Cathain, as well as new appointments [...]
Food deliveries roll out at Uber and Burger King February 19, 2015 CONTROVERSIAL ride hire firm Uber yesterday launched its latest experiment in delivering more than just people with UberEATS in Barcelona. UberEATS works with local restaurants in the Spanish city to put together a daily selection of meals that can be ordered to arrive in under 10 minutes. Meanwhile, US fast food chain Burger King has [...]
Imperial soars on launch of cell therapy group February 19, 2015 IMPERIAL Innovations yesterday said its portfolio company Cell Medica had begun commercial cell therapy manufacturing in Germany. Shares in the Aim-listed commercialisation firm founded by Imperial College London rose as much as 3.3 per cent in early trading yesterday following the news. “Cell Medica is one of the very first companies of its type to [...]
City Moves for 20 February 2015 | Who’s switching jobs February 19, 2015 Hausfeld The law firm has appointed Ed Coulson (pictured) as partner in its London office. He joins from Berwin Leighton Paisner (BLP), where he worked on complex competition and commercial litigation. His appointment follows that of James Henson, who joined in January from BLP, and Shirley Clarke, who recently joined Hausfeld’s financial services litigation practice [...]
Best of the Brokers for 20 February 2015 February 19, 2015 To appear in Best of the Brokers, email your research to notes@cityam.com GO-AHEAD GROUP Panmure Gordon reiterated its “buy” rating for the UK passenger transport company. The broker noted that interim results were solid and said the outlook statement suggests the company continues to perform in line with management expectations. Target price is 2900p. PEARSON Numis [...]
Energy giants stall FTSE’s rise – London Report February 19, 2015 BRITAIN’S top equity index yesterday edged down from multi-year highs, with utility Centrica weighing on the market after cutting its dividend. The blue chip FTSE 100 index, which had risen to a 15-year high of 6,921.32 points on Wednesday, fell 0.1 per cent to 6,888.90 points. British Gas owner Centrica was the worst-performing FTSE 100 [...]
Wal-Mart pulls down Wall St – New York Report February 19, 2015 THE DOW and S&P 500 eased yesterday following declines in energy shares and a disappointing outlook from Wal-Mart, while the Nasdaq hit another 15-year high as Priceline shares jumped. The Dow Jones industrial average fell 44.08 points, or 0.24 per cent, to 17,985.77, the S&P 500 lost 2.23 points, or 0.11 per cent, to 2,097.45 and [...]
How the dark arts of advertising are shaping the UK’s election campaign February 19, 2015 You have been warned (Source: Conservatives, Facebook) “Your worst nightmare just got worse,” warns the headline on one of the latest Conservative Party election posters, painting a picture of Ed Miliband and Alex Salmond united in guffawing victory on the steps of Number 10. A Labour/SNP coalition would mean “chaos” for the UK, say the [...]