Jupiter shares rise in the grey market June 16, 2010 UNOFFICIAL dealings in the fund manager Jupiter saw the shares peak at 190p, well above the 165p price at which new shares were issued in the group’s flotation. Sources said 25m shares were traded and the closing price came in at 188.5p. It also emerged yesterday that the fund management group BlackRock has emerged as [...]
This may be news to some, but Murdoch’s move is a good one June 16, 2010 Not all of News Corp’s shareholders jumped with joy at news of controlling shareholder Rupert Murdoch’s plan to buy the 61 per cent of BSkyB’s shares it doesn’t already own. Some may feel it is a convoluted attempt to serve Murdoch interests rather than those of the minority holders in News Corp. Others may think [...]
Buy her an engagement ring she’ll love June 16, 2010 IT’S not just the cost that can make buying an engagement ring a daunting process. Once you’ve passed the man-mountain of a security guard and entered the museum-like atmosphere of a shop overflowing with rare, sparkling objects, it’s hardly the easiest environment in which to speak up and admit that, actually, you haven’t a clue [...]
Fannie, Freddie delist June 16, 2010 FANNIE MAE and Freddie Mac, the largest US home funding companies, will delist their shares on the New York Stock Exchange after Fannie Mae fell below and Freddie Mac held near minimum price requirements, the companies’ regulator said yesterday. The companies, each taken under government control in September 2008, said they no longer met NYSE [...]
OUT OF OFFICE June 16, 2010 BRAZIL! BRAZIL! AT UDDERBELLY The comedy and performance festival at the Southbank’s inflatable, inverted cow-shaped tent is into its second vibrant year, and the show setting the place alight is a Brazilian mix of samba, capoeira, carnival music, acrobatics and football – a perfect backdrop to World Cup fever. Until 18 July, Udderbelly, Southbank. www.udderbelly.co.uk. [...]
GM scraps Opel aid request June 16, 2010 OPEL yesterday turned its back on state assistance for its restructuring drive, abandoning months of talks with European governments and leaving parent General Motors to fund the programme. GM’s European arm said while its cash requirements were unchanged, the process of obtaining state aid was too slow and complex. “We cannot afford to have uncertain [...]
BA and Unite deadlocked as cabin crew talks collapse June 16, 2010 BRITISH Airways cabin staff are likely to be balloted for more walkouts in July after talks between the carrier and Unite the Union broke down yesterday. Acas, the reconciliation service, said the parties were “regrettably… unable to move closer to an agreement” following discussions over whether striking staff would have their travel perks reinstated. Industrial [...]
Apple sells over 600,000 units of iPhone 4 as pre-orders surge June 16, 2010 APPLE yesterday sold more than 600,000 units of its newest iPhone after just a day of pre-orders, surpassing analysts’ expectations and sending its shares up nearly three per cent yesterday. The maker of the iPad and iPod said it and carrier partner AT&T Inc had been forced to turn away “many” potential customers after the [...]
Spanish raider Bannaby can cause Gold Cup upset at a massive 25/1 June 16, 2010 SADLY there is no Yeats in this afternoon’s Ascot Gold Cup which means that there will be a new name engraved on the base of the trophy for the first time in five years. Aidan O’Brien will be hoping that Age Of Aquarius can fill the hoof prints left by his former stablemate, but he [...]
BUFFETT AND GATES CAMPAIGN FOR CHARITY June 16, 2010 INVESTOR Warren Buffett (top left) and Microsoft founder Bill Gates yesterday set-up a Giving Pledge campaign asking hundreds of billionaire Americans to give away at least 50 per cent of their wealth to charity.
