Best of the Brokers for 27 November 2013 November 26, 2013 To appear in Best of the Brokers, email your research to notes@cityam.com HALFORDS UBS has a “buy” recommendation on the bike and car parts retailer and has raised its price target to 530p from 435p. The broker said that Halfords is beginning to improve its specialist credentials but the majority of the turnaround plan is [...]
Young wants Wasps response after surrendering home run November 24, 2013 LONDON Wasps director of rugby Dai Young admits he will be looking for an immediate response after Bath Rugby ended his side’s 100 per cent Aviva Premiership home record yesterday with a 28-5 victory. Two Semesa Rokoduguni tries and the boot of George Ford saw the visitors build a 21-0 lead. And even when Jonah [...]
Haskell targets regular place in Wasps’ line-up November 21, 2013 WATCHING rather than playing for England has been tough for James Haskell, who is determined to avoid a repeat at London Wasps. The back row has been plagued with tendinitis for more than a decade, but having featured for Wasps in the LV= Cup recently is desperate to win back his place, starting with Sunday’s [...]
City Moves for 21 November 2013 | Who’s switching jobs November 20, 2013 Barclays The bank has announced the appointment of James Brincat to its Beyond Benefits business. He has over 12 years’ experience working in financial services. Brincat was most recently at Thomsons Online Benefits, where he was an account director and head of partnerships. ING The financial services group has hired Leo Greve as head of [...]
Analyst Views: Are you pleased with Easyjet’s results? November 19, 2013 TREVOR GREEN AVIVA INVESTORS As shareholders in EasyJet, the final results and outlook statement provided us with further evidence that the strategy being implemented by Carolyn McCall is succeeding. She is also proving to be adept at balancing shareholder returns via a special dividend announcement along with a long term growth strategy. GERT ZONNEVELD PANMURE [...]
City Moves for 20 November 2013 | Who’s switching jobs November 19, 2013 Aviva The insurance company has announced the appointment of Colm Holmes as chief financial officer of its UK and Ireland general insurance business. He was most recently at Zurich Insurance Group, where he was group treasurer and head of capital management. UBS Wealth Management The wealth management business has recruited six specialists to its strategic partnership team. [...]
Aviva-derci to Italian life insurance group November 18, 2013 AVIVA has sold off its stake in Italian life insurance group Eurovita as part of an overhaul of the business. The firm will net €33m (£27.7m) by selling its 39 per cent holding in Eurovita to JC Flowers. Its partner Banco Popolare, which owns the rest, is also selling out to the private equity firm. [...]
Aviva to sell Italian insurer stake to JC Flowers November 18, 2013 Aviva has announced this morning that its reached a conditional agreement to sell all of its 39 per cent stake in Italian insurer Eurovita Assicurazioni to private equity firm JC Flowers, for €33m. (Release) Proceeds, said the insurance group, will be used for general corporate purposes. Two weeks ago, Aviva said that there "remains much work [...]
Length of lay-off still unknown for injured Hartley November 17, 2013 INJURED hooker Dylan Hartley faces an anxious wait to discover how long he will be sidelined for after suffering a bruised lung in England’s 30-22 defeat to New Zealand at Twickenham on Saturday. The 27-year-old, who won his 50th cap against the All Blacks, was forced off early in the second half and replaced by [...]
Wasps prop switches focus from bomb disposal to Dragon slaying November 14, 2013 LONDON Wasps prop Ricky Reeves is no stranger to the heat of battle but admits temperatures were through the roof on his home debut – and he loved every minute of it. Lance Corporal Reeves, who served in Afghanistan in a bomb disposal unit, made his bow off the bench in the 90-17 LV= Cup [...]