CITY MOVES WHO’S SWITCHING JOBS May 10, 2012 McGuireWoods Philip Newhouse has been appointed managing partner of the international law firm’s London office. He replaces Anders Grundberg, who will continue as partner in the firm’s international transactions and private wealth services practice. Newhouse has previously served as managing partner at Taylor Wessing Bucharest’s office and at Haarman Hemmelrath. Coutts The wealth division of [...]
BEST of the BROKERS May 10, 2012 INTERCONTINENTAL HOTELS GROUP Goldman Sachs retains its “buy” rating on the hotel chain and has raised its target price from £17.25 to £17.70 following first quarter results. The broker has also lifted its earnings forecasts and is expecting higher revenues per room, particularly in China and Europe. Goldman also notes that IHG trades at a [...]
FTSE lurches higher after a volatile day of bank and commodity swings May 10, 2012 A BOUNCE back by risk-sensitive banks and commodity stocks hauled Britain’s stock index higher yesterday after a roller-coaster session, with worries over the global growth outlook easing following benign US jobless claims. At the close, the FTSE 100 index was up 13.90 points, or 0.3 per cent at 5,543.95, holding above key technical support at [...]
Cisco’s outlook weighs on US stocks recovery May 10, 2012 THE DOW and the S&P 500 eked out a modest gain yesterday as investors dipped back into the market after a weak stretch, but a disappointing outlook from tech bellwether Cisco Systems and caution about Europe limited gains. In a positive development, Eurozone officials said the bloc’s countries are prepared to keep financing Greece until [...]
GOING OUT May 10, 2012 FILM DARK SHADOWS Cert 12A | By Steve Dinneen ** The Tim Burton/Johnny Depp/Helena Bonham-Carter professional ménage à trois has been rumbling on for some time now. Since 2005, they have collaborated on five movies. Depp and Burton have worked together eight times since Edward Scissorhands in 1990, while Helena Bonham Carter has appeared in [...]
Coach Lancaster faces inevitable difficult spell, admits Andrew May 10, 2012 RUGBY Football Union chief Rob Andrew is predicting some “difficult moments” over the coming months for England manager Stuart Lancaster, but has vowed the organisation will not lose faith with the inexperienced coach. Andrew spoke to City A.M. after Lancaster named his 42-man squad for next month’s tour to South Africa, his first since being [...]
Murray has work cut out to win Olympic gold, warns Rusedski May 10, 2012 FORMER tennis star Greg Rusedski has warned Britain’s Andy Murray he faces a huge task to win gold at London 2012, in what he expects to be the most special and meaningful Olympic tournament yet. Hopes are high that Scot Murray will provide some home cheer in the men’s singles competition, to be held on [...]
South Africa tours excites Lancaster May 10, 2012 ENGLAND coach Stuart Lancaster has revealed his “excitement” after including 13 uncapped players, and recalling James Haskell and Danny Care, to the squad for this summer’s tour to South Africa. Following an impressive Six Nations campaign, Lancaster’s intent to continue introducing young talented players to his elite squad is clear. Newly-crowned Premiership player of the [...]
Chelsea delay decision on Di Matteo future May 10, 2012 CHELSEA interim boss Roberto di Matteo remains in the running to land the job permanently, despite suggestions the Italian is resigned to missing out at the end of the season, say club chiefs. The Blues could yet make history by winning the Champions League for the first time and chief executive Ron Gourlay is adamant [...]
Wenger: Arsenal not interested in landing France star M’Vila May 10, 2012 ARSENAL manager Arsene Wenger has rubbished suggestions he is poised to sign Yann M’Vila, saying he has not made an offer for the sought-after France midfielder. Rennes star M’Vila has been tipped to become Wenger’s second early summer purchase, following the £10m acquisition of Germany and Cologne forward Lukas Podolski. But he said: “It is [...]
