Aviva distances itself from Irish closure leaks November 23, 2011 INSURANCE giant Aviva sought to play down leaked documents suggesting that it could close its network of 26 branches in Ireland with the loss of about 120 more jobs than previously announced. Aviva last month unveiled plans to dramatically scale back its Irish business and move its European headquarters back to London with the loss [...]
JOE LEWIS CLAN BEARS HIS FOURTH GENERATION November 22, 2011 The Capitalist is pleased to reveal that Joe Lewis’s first great-granddaughter has arrived into the world. The name of the currency billionaire’s new clan member is Charlotte, born in London to Joanna, the daughter of Lewis’s daughter Vivienne Silverton, who runs the family’s Isleworth Foundation. Lewis scuttled back to the Bahamas shortly after Charlotte arrived [...]
EXPANDED MAREX SPECTRON CALLS ON BORIS FOR BISHOPSGATE MOVE November 16, 2011 WE ARE positive about the outlook for our business, said broker Marex Spectron when it unveiled its 83 per cent boost in operating profits on Tuesday night. No charitable donations were paid out during the year to 31 March – just dividends to shareholders of £5.3m – but all that changed as of yesterday, when [...]
Veteran Duff celebrates as Ireland end 10-year wait for tournament football November 15, 2011 REP OF IRELAND 1 vs ESTONIA 1 (REP OF IRELAND WIN 5-1 ON AGGREGATE) REPUBLIC of Ireland stalwart Damien Duff hailed last night’s qualification for Euro 2012 as one of the finest accomplishments of his career. Leading 4-0 from the first leg in Tallinn, Stephen Ward’s 34th minute goal eliminated any lingering doubts over the [...]
BEST OF THE BROKERS November 15, 2011 AVIVA Morgan Stanley rates the insurance group as “equal weight” with a target price of 445p, after the company’s third quarter metrics for 2011 showed continued progress, particularly in its non-life operations. However, the broker says Aviva’s IGD coverage was surprisingly weak, especially after the recent hybrid bond call. While it sees Aviva’s capital position [...]
Colfax gets yes vote to buy Charter November 14, 2011 SHAREHOLDERS in engineering group Charter International accepted the £1.5bn takeover offer from US rival Colfax yesterday in two votes showing majority support for the cash and shares deal. More than 91 per cent of shareholders equivalent to nearly 88 per cent of all voting rights voted to accept a 910p per share offer from Colfax, [...]
FTSE falls as Italian bond yields take toll November 14, 2011 European markets were jittery as investors watched a radical overhaul of the political hierarchies in Italy and Greece aimed at ushering in a new economic dawn in the Eurozone. Italy’s president asked former European commissioner Mario Monti on Sunday to form a government, while Greece’s new Prime Minister Lucas Papademos, a former central banker who [...]
England can’t afford to overlook Farrell November 13, 2011 IT’S BEEN a terrific start to the season here at Saracens and I was delighted to see the side carry their domestic form into the Heineken Cup yesterday. Treviso are a powerful side with a finely tuned set-piece, so to run in five tries and gain a bonus point was a marvellous achievement. Owen Farrell [...]
Given seeks a career highlight with Dublin win November 10, 2011 IRELAND goalkeeper Shay Given hopes to celebrate the greatest moment of his illustrious career by sealing qualification for Euro 2012 in front of a home crowd in Dublin next week. Giovanni Trapattoni’s men face Estonia in the first leg of their play-off in Tallin tonight before the return at the Aviva Stadium on Tuesday. Given [...]
CITY MOVES | WHO’S SWITCHING JOBS November 8, 2011 Cushman & Wakefield The property consultant has appointed business consulting real estate executive Neil McLocklin as a partner and head of its EMEA business consulting group, based in London. He joins from Capita Symonds, where he was director of consultancy and advisory services. In addition, Elizaveta Shaforostova will transfer to the London team from C&M’s [...]