I recreated all my favourite TV tropes, from crawling through pipes to being two kids in a trenchcoat
European lawmakers eyeing tougher regulations for dark pool trading venues April 26, 2010 Dark pool trading venues may need more regulation to avoid harming public share prices for investors, European Union lawmakers said yesterday. Dark pools are trading venues that allow buyers and sellers of large stock orders to avoid revealing pre-trade information and signalling their intentions to the rest of the market. “The question is at what [...]
CITY VIEWS: WHAT WILL HAPPEN TO HOUSE PRICES OVER THE NEXT YEAR? April 26, 2010 GREG KERSCH | INVESCO PERPETUAL “House prices will rise gradually over the next year, although a lot depends on the election. Anything could happen if there is a hung parliament. Bankers’ bonuses are likely to have an effect on London’s house prices continuing to rise.” MATTHEW ROBSON | PREQIN “There’s certainly a lot of hope [...]
House price recovery set to continue April 26, 2010 ECONOMISTS are awaiting the latest data on house prices from Nationwide due this Thursday after property data company Hometrack yesterday said prices in England and Wales rose by an annual 1.8 per cent in April – their fastest pace of increase since January 2008. The City is watching for further signs of a strengthening housing [...]
US priority on protecting trade April 26, 2010 American officials yesterday welcomed a new study showing the importance of innovation to US economic growth and promised vigorous action to curb the huge international trade in fake and pirated goods. “The United States has long been acknowledged as a global leader in fostering innovation and improvements in technology,” deputy US trade representative Miriam Sapiro. [...]
Caterpillar beats expectations April 26, 2010 Caterpillar yesterday reported a stronger-than-expected quarterly profit and raised its full-year profit and sales forecasts, citing an improving global economy, especially in Asia and Latin America. The world’s largest maker of earth-moving equipment said it was seeing particularly robust orders from mining and energy companies.
Whirlpool sales create a stir April 26, 2010 Leading household appliance maker Whirlpool’s quarterly profit and full-year forecast trumped Wall Street estimates on strong sales in Brazil, Asia and North America, boosting its shares to an all-time high. Whirlpool, maker of Maytag and KitchenAid appliances, has benefited from its presence in fast-growing Latin American and Asian markets, fuelled by a growing middle class.
Law firms up headcount outside UK April 26, 2010 LINKLATERS has become the latest commercial law firm to announce partner promotions, as the City’s top law firms boost foreign office numbers. The UK’s largest law firm by revenue promoted 14 associates to the partnership rank, with the number of promotions marking a decrease on the previous year when 18 made the grade. “These promotions [...]
Spice telecoms unit snapped up in £33m Gresham-backed management buyout April 26, 2010 Utility support services firm Spice will sell its telecoms business for £32.8m, it said yesterday. Private equity firm Gresham has backed a management buyout to snap up the firm’s Team Telecom Group (TTG) unit. Mike Norfield, chief executive of TTG said: “This is a very exciting time for TTG. We have invested heavily over the [...]
Canaccord ties up £185m acquisition of Genuity April 26, 2010 CANACCORD Financial yesterday completed its $285.9m (£185m) acquisition of Canadian advisory firm Genuity Capital Markets, a move the firm expects will boost its business across Canada, North America and the UK. Canaccord, which operates London-based broking subsidiary Canaccord Adams, has paid 26.5m of its own shares for Genuity, in addition to $30m of cash and [...]
BEST OF THE BROKERS April 26, 2010 SKANSKA Standard & Poor’s Equity Research (S&P) has lowered a recommendation of Skanska to “hold” from “buy” ahead of the construction group’s first quarter results. S&P says their 2010-11 estimates are lower following consensus downgrades, based on a harsh winter. S&P says Skanska provides the best value among its Nordic peers. BBVA Evolution Securities reiterates [...]
