CITY MOVES | WHO’S SWITCHING JOBS June 30, 2011 Penningtons Penningtons Solicitors has boosted its corporate practice by appointing James Klein as a partner. Klein, who was previously a partner with Berwin Leighton Paisner, will lead the corporate team at Penningtons’ City office, bringing the number of partners at the firm to 63. Klein has a strong track record of corporate finance transactions, including [...]
BEST OF THE BROKERS June 30, 2011 PIRELLI Citi initiates coverage of the auto parts manufacturer as a “buy” at medium risk, and with a target price of €9 (£8.14). The brokers sees Pirelli as a good access point to the premium tyre space at a time when demand for replacement tyres has lessened in the NAFTA region (US, Canada and Mexico). [...]
Banks take FTSE 100 to its fifth straight day of gains… June 30, 2011 BRITAIN’S top shares rose sharply yesterday after the Greek parliament passed a second austerity bill to secure emergency funds, with riskier assets such as oil stocks, banks and miners leading the charge higher. The FTSE 100 index closed up 89.76 points, or 1.5 per cent, at 5,945.71, its fifth consecutive day of gains, managing to [...]
…as Wall St keeps up its winning run June 30, 2011 US stocks ended a volatile quarter yesterday with their biggest four-day rally since September as positive economic data and a temporary resolution of Greece’s debt crisis indicated further gains in July. Midwest business activity showed surprising strength this month, lifted by a jump in new orders, the Institute for Supply Management-Chicago said. That helped calm [...]
OTHER PRIZE SPONSORS BY CATEGORY FOR THIS YEAR’S CITY A.M. AWARDS June 30, 2011 Saxo Bank is a global investment bank specialising in online trading and investment across the international financial markets. Saxo Bank enables private investors and institutional clients to trade forex, contracts for difference, exchange-traded funds, stocks, futures, options and other derivatives via multi-award winning online trading platforms, as well as offering professional portfolio and fund management. [...]
BARRED: MOBILE BOSS TALKS HIS WAY INTO HIS OWN GLASTO PARTY June 30, 2011 IF YOUR name’s not down, you’re coming in – not even if your name is Tom Alexander, chief executive of Everything Everywhere, and you are trying to get in to your own party at Glastonbury. As the other partygoers got stuck in to the free drinks inside the VIP farmhouse rented by the mobile phone [...]
THE GAME OF HIS LIFE June 30, 2011 Murray knows he’ll have to go through the pain barrier to beat Nadal and reach the final BRITISH No1 Andy Murray is confident he can produce the performance of a lifetime to dethrone world No1 Rafael Nadal and end a 73-year wait for a home Wimbledon finalist. Nadal, who has beaten the Scot on their [...]
Sharapova delighted by final return June 30, 2011 FORMER champion Maria Sharapova recovered from a dreadful start to beat Sabine Lisicki and reach her first Wimbledon final since she won the title in 2004. The fifth-seeded Russian will play Petra Kvitova tomorrow after winning 6-4 6-3 in an hour and 26 minutes. “It’s amazing to be back in the final, it’s been a [...]
City close in on Clichy June 30, 2011 MANCHESTER CITY look set to begin their traditional summer spending spree with the £7m purchase of Arsenal left-back Gael Clichy. The France international is entering the final year of his contract and is ready to end his eight-year association with the north London club. But he is unlikely to be joined at Eastlands by Samir [...]
Lennox fears Haye faces an uphill battle June 30, 2011 FORMER undisputed heavyweight champion of the world Lennox Lewis believes Wladimir Klitschko’s size advantage will prove crucial when he finally locks horns with David Haye in tomorrow’s eagerly anticipated unification grudge match. Klitschko will enjoy a major size and weight advantage and Lewis also feels Wladimir will benefit from the expert advice offered by his [...]
