City Moves for 12 September 2013 | Who’s switching jobs September 11, 2013 Davenport Lyons The law firm has announced the appointment of Colin Sawdy as a partner in its intellectual property team. Sawdy specialises in trademarks, design and copyright. He was most recently at Edwards Wildman Palmer, where he was an associate. Prior to that, he was a solicitor at Field Fisher Waterhouse. Deloitte Real Estate The [...]
Entrepreneur of the year September 11, 2013 The City A.M. Entrepreneur of the Year award recognises those individuals or groups who set up a successful new venture and are now growing it as a profitable business. With close to 400,000 new businesses launched in 2013 so far, the spirit for entrepreneurship in Britain is alive and well. From entertainment to retail, our [...]
Innovative company of the year September 11, 2013 CITY A.M.’s Innovation of the Year category salutes businesses that are frontrunners in their industry, from gaming to finance. This year’s shortlist includes insurance, Big Data and wealth management. The winner will have shown a genuinely innovative approach to business, be disruptive in their industry, and have achieved key milestones this year. CONFUSED.COM The insurance [...]
Best of the brokers for 12 September 2013 September 11, 2013 ADVANCED MEDICAL SOLUTIONS Numis stuck with its “hold” rating and 84p target for Advanced Medical Solutions, following results yesterday that were in line with estimates. The outlook for Advanced Medical Solutions remains positive with progress expected in the company’s Bulk business and US LiquiBand. MARKS & SPENCER Shore Capital reiterated its “buy” rating for Marks [...]
London Report: Arm’s advance helps to steady FTSE 100 index September 11, 2013 BRITAIN’S blue-chip equity index ended flat yesterday as chip-maker Arm Holdings, boosted by the launch of Apple’s latest iPhone, helped offset profit-taking on DIY retailer Kingfisher after its results. Shares in Arm rose 4.8 per cent in volume one-and-a-half times its 90-day average a day after partner Apple unveiled a new smartphone using the Cambridge-based [...]
New York Report: Wall St rises as Obama helps calm Syria fears September 11, 2013 US stocks closed higher yesterday, with the S&P 500 up for a seventh straight day, as geopolitical fears eased amid diplomatic efforts to allow Syria to surrender its chemical weapons, averting a US military strike. The Nasdaq composite index ended slightly lower on a sell-off of Apple shares. Market nervousness abated as US President Barack [...]
Crisis in Syria: The US has no room for error in a new world of many powers September 11, 2013 TWO NOTABLE failures – US Secretary of State John Kerry and Russia – have dramatically transformed the Syria crisis in recent days. Kerry, who could not beat George W Bush despite the Iraq War, may have committed one of the more beneficial rhetorical stumbles of all time. Living up to his reputation for intellectual overconfidence [...]
The unlawful EU financial transaction tax should rightfully be abandoned September 11, 2013 YOU DON’T often hear people praising lawyers. But this week, many across Europe will be singing from their hymn sheet, following a leaked opinion by the Legal Service of the Council of the EU (CLS). A CLS report has concluded that key elements of the proposed EU financial transaction tax (FTT) are unlawful. The question [...]
German elections will not prompt new wave of Eurozone integration September 11, 2013 THE WORLD is looking to Germany, as its 22 September elections fast approach. The question on everyone’s lips is whether the next German government – the principle paymaster of Europe – will commit to a decisive deepening of the Eurozone. This, some believe, could haul the continent out of crisis. The answer, however, is no. [...]
Letters to the editor – 12/09 – Tesco in the US, Pensions crisis, Best of Twitter September 11, 2013 Tesco in the US [Re: What Tesco’s US debacle tells us about the wisdom of markets, yesterday] Few UK companies can stand up to the price competition and, significantly, service levels of US retail. Even new car dealerships are open up until 10:30pm at night in America. Where else in the world could you find [...]
