CITY MOVES | WHO’S SWITCHING JOBS

first_img Show Comments ▼ Share KCS-content by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailZen HeraldThe Truth About Why ’40s Actor John Wayne Didn’t Serve In WWII Has Come To LightZen HeraldBetterBe20 Stunning Female AthletesBetterBeautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comAtlantic MirrorA Kilimanjaro Discovery Has Proved This About The BibleAtlantic MirrorTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastTrading BlvdThis Picture of Prince Harry & Father at The Same Age Will Shock YouTrading BlvdTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island Farmmoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.com Mayer BrownThe law firm has appointed Dominic Griffiths as the new head of its banking and finance group in London.Griffiths joined the firm five years ago and has been instrumental in building its securitisation and leveraged finance groups in London.He takes over from Bruce Bloomingdale, who will now focus on increasing synergies between the firm’s European and US finance practices.Morgan StanleyThe bank’s investment management arm has appointed Jack O’Connor to head up its US institutional sales unit.O’Connor was previously head of US institutional sales at Pioneer Investments.Morgan Stanley Investment Management has also hired as its new chief financial officer Paul Julius, formerly chief administrative officer at Credit Suisse Private Banking.CBREThe property services company has appointed Jonathan Steel as a senior director in transaction management in its global corporate services business, based in London.Steel joins from Cushman & Wakefield, where he was a partner within the global client solutions department. In his new role, he will manage a number of CBRE’s key corporate relationships and help grow the transaction management and portfolio strategy operations.Bank Hapoalim InternationalThe Israeli bank has appointed Paul Mann to lead its private banking business in the UK, effective immediately.Mann joins from UBS Wealth Management, where he was executive director and head of the Israel team in London. Prior to that, he had worked at Credit Suisse since 1997. CITY MOVES | WHO’S SWITCHING JOBS whatsappcenter_img whatsapp Sunday 22 August 2010 10:03 pm More From Our Partners Florida woman allegedly crashes children’s birthday party, rapes teennypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgMark Eaton, former NBA All-Star, dead at 64nypost.comFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comConnecticut man dies after crashing Harley into live bearnypost.comKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.com Tags: NULLlast_img read more

WPP could buy own shares after upturn

first_img Show Comments ▼ Tags: NULL KCS-content Sunday 22 August 2010 9:53 pm WPP, the advertising and media research conglomerate, could surprise investors by announcing a fresh share buyback programme starting next year, analysts at investment bank UBS believe.With the group expected to announce a reduction of debt at its interim results tomorrow, UBS said management could restart the share repurchasing scaled back last year. “Although the impact on numbers would not be hugely significant, this would be hugely positive for sentiment as a signal of improving balance sheet strength and a lack of intention to do large acquisitions,” UBS analyst Alastair Reid wrote in a note.The City has pencilled in a strong first-half performance from Martin Sorrell’s organisation on the back of the South African World Cup and rising advertising spend in Asia. Following a bullish trading update in May, the consensus view among analysts sees revenues staying flat at £4.3bn, but pre-tax profit hitting around £350m from last year’s £179.3m.Investors will be particularly keen to hear Sorrell’s outlook for the second half of the year given the prospect of stuttering US growth. But Deutsche Bank analyst Patrick Kirby said WPP remained “a balanced way” of playing the gradual advertising recovery. WPP could buy own shares after upturn center_img Share More From Our Partners I blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.com‘The Love Boat’ captain Gavin MacLeod dies at 90nypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comBill Gates reportedly hoped Jeffrey Epstein would help him win a Nobelnypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.com whatsapp by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailNoteabley25 Funny Notes Written By StrangersNoteableyZen HeraldThe Truth About Why ’40s Actor John Wayne Didn’t Serve In WWII Has Come To LightZen HeraldBetterBe20 Stunning Female AthletesBetterBeautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comAtlantic MirrorA Kilimanjaro Discovery Has Proved This About The BibleAtlantic MirrorTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastElite HeraldKate Middleton Dropped An Unexpected Baby BombshellElite HeraldTrading BlvdThis Picture of Prince Harry & Father at The Same Age Will Shock YouTrading Blvd whatsapplast_img read more

Tube strike causes gridlock and costs economy £48m

first_img John Dunne Tube strike causes gridlock and costs economy £48m Tuesday 7 September 2010 5:24 am whatsapp Millions of commuters across London struggled to get to work on Tuesday as a 24-hour strike by workers on the underground rail system crippled much of the network, hurting the city’s convalescent economy.Passengers took to bikes, buses, walked, or made use of extra boat services on the Thames that runs through the city in a bid to beat the stoppage, called in protest at 800 job cuts driven by austerity measures.The London Chamber of Commerce estimates each day the underground is shut will cost the capital’s economy £48m.The Rail Maritime and Transport union said every underground line was suspended or running a skeleton service after “rock solid” support for the walkouts in protest at staffing cuts.The RMT said the job cuts were just “the tip of the iceberg” as the centre-right coalition government prepares 25 percent cuts in spending to tackle a record budget deficit.However, Mayor Boris Johnson said: “Almost 40 per cent of lines have some services running.”Governments across Europe face labour unrest as they take unpopular measures to curb state spending that soared in the 2008-09 global financial crisis.Rail and air transport, schools and postal services were severely disrupted across France by strikes and demonstrations against plans to raise the retirement age to curb a swollen public deficit.Britain, which had to bail out its giant financial sector, is planning the harshest austerity drive in decades, with pay, job and spending cuts and pension reform looming. Ministries have been ordered to make average cuts of about 25 per cent and told to suggest budget savings of up to 40 per cent.Thousands of members of the RMT and the Transport Salaried Staffs Association walked out on Monday evening in protest at plans to axe jobs in stations on the publicly-funded network.Underground operator Transport for London (TFL) said, however, that services were running on a number of Tube lines and that contingency plans put in place to beat the industrial action were working.Mike Brown, London Underground’s managing director, said: “Londoners will face some disruption, but the city is not paralysed – and people will still be able to get around.”TFL said a good service was operating on DockLands Light Railway which serves the financial district in the east of the city, while the Northern Line was also largely unaffected.Transport chiefs said additional bus services had been provided, along with extra capacity on river boat services, marshalled taxi ranks, and guided cycle rides.Volunteers have also been stationed at bus, underground and rail stations to aid passengers and distribute walking maps. by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastNoteabley25 Funny Notes Written By StrangersNoteableyMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBetterBe20 Stunning Female AthletesBetterBemoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comElite HeraldExperts Discover Girl Born From Two Different SpeciesElite Heraldautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comZen HeraldThe Truth About Why ’40s Actor John Wayne Didn’t Serve In WWII Has Come To LightZen Herald Share Show Comments ▼ whatsapp Tags: NULLlast_img read more

EURO DISNEY EXPANDS IN FRANCE

first_img THEME park operator Euro Disney has won permission to build a third theme park, a new housing development and a holiday village in France. The company has negotiated with the French government to alter its founding agreement and extend its perimeter. Euro Disney is 47 per cent owned by the Walt Disney Company and has recently struggled financially after attendance figures dropped. EURO DISNEY EXPANDS IN FRANCE More From Our Partners A ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgMark Eaton, former NBA All-Star, dead at 64nypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.org Tuesday 14 September 2010 8:55 pm Share Show Comments ▼ center_img whatsapp whatsapp KCS-content by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastBetterBe20 Stunning Female AthletesBetterBemoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island FarmZen HeraldNASA’s Voyager 2 Has Entered Deep Space – And It Brought Scientists To Their KneesZen Heraldthedelite.comNetflix Cancellations And Renewals: The Full List For 2021thedelite.cominvesting.comCanceled TV Shows Announced: Full Updated Listinvesting.comWorld LifestyleCouple Has No Idea Why Photo Goes Viral, Then They Notice This In The CornerWorld Lifestyle Tags: NULLlast_img read more

Government to try again to sell off the Tote bookmakers

first_img Tags: NULL whatsapp KCS-content Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofTortilla Mango Cups: Recipes Worth CookingFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family ProofCheese Crostini: Delicious Recipes Worth CookingFamily Proof whatsapp Share Wednesday 15 September 2010 8:11 pm Government to try again to sell off the Tote bookmakers THE GOVERNMENT will launch the sale of the state-owned Tote bookmakers in the late autumn, a minister confirmed yesterday. The disposal of the Tote, which takes bets on horse racing, football and other sports, forms part of a wider sale of government assets as the country aims to deal with a yawning budget deficit.“This process will be open to all organisations who have an interest in the Tote and the government expects to be in a position to update the House early in the new year,” said minister for tourism and heritage John Penrose in a statement to parliament yesterday. “The government will continue to liaise closely with the board of the Tote and with racing interests as this process unfolds.”Private-sector rivals such as Paddy Power and Ladbrokes have previously said they could be interested.The Labour government’s attempts to sell Tote were cancelled in 2008 due to poor market conditions. The company was thought to be worth upwards of £300m at the time. Current chancellor George Osborne announced in his June emergency Budget that he planned a future for Tote that “secures value for the taxpayers”. It will now be put onto the open market. The High Speed 1 rail link, air traffic control and the student loan book are among the other assets that the coalition government hopes to sell off to pump billions of pounds into the public purse. Show Comments ▼last_img read more

Pearson buys CTI Education in £31m deal

first_img whatsapp Monday 22 November 2010 7:24 pm More From Our Partners UK teen died on school trip after teachers allegedly refused her pleasnypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comMark Eaton, former NBA All-Star, dead at 64nypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.org EDUCATIONAL publisher Pearson will acquire CTI Education Group for £31m as it continues its expansion in South Africa.The Financial Times publisher will buy 75 per cent of the firm, which is among the leading private higher education providers in South Africa with more than 9,000 students.Pearson says it expects the transaction to enhance its adjusted earnings per share and return on invested capital from 2011.The agreement includes a provision under which Pearson may acquire the remaining 25 per cent of CTI in three years. The transaction is subject to regulatory approval and is expected to close in the first quarter of 2011.Pearson says it plans to recruit more students from throughout southern Africa to CTI’s campuses, as well as expanding its distance learning facilities.John Fallon, chief executive of Pearson’s International Education business, said: “We are excited to bring our global resources to bear on the higher education sector in South Africa, to help meet a growing demand for high-quality, career-advancing higher education.“We are deeply impressed by the quality of CTI’s business and the commitment of its management and staff to produce excellent outcomes for students.”Pearson has a growing presence in southern Africa, with a network of companies including Maskew Miller Longman, Heinemann South Africa and the South African operations of Edexcel.The firm has a strategy of moving away from traditional book publishing to educational technology. Sales in its International Education division are up eight per cent year-on-year for the nine months of 2010. Share whatsapp Pearson buys CTI Education in £31m deal center_img Show Comments ▼ Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryUndoTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastUndoMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUndoPeople TodayNewborn’s Strange Behavior Troubles Mom, 40 Years Later She Finds The Reason Behind ItPeople TodayUndoWanderoamIdentical Twins Marry Identical Twins – But Then The Doctor Says, “STOP”WanderoamUndoZen HeraldNASA’s Voyager 2 Has Entered Deep Space – And It Brought Scientists To Their KneesZen HeraldUndoHealthyGem”My 600-lb Life” Star Dropped 420 Pounds, See Her NowHealthyGemUndoAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteUndoTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island FarmUndo KCS-content Tags: NULLlast_img read more

African Barrick strikes gold

first_img whatsapp African Barrick strikes gold whatsapp KCS-content Thursday 2 December 2010 7:09 pm Share African Barrick Gold aims to build an underground operation beneath existing open pits after finding more gold at its North Mara mine in Tanzania. The London-listed FTSE 100 firm declared an initial resource of 370,000 ounces beneath two open pit operations at North Mara, it said in a statement yesterday. The discovery provides “the potential to develop a substantial underground operation at the Gokona and Nyabigena deposits with an attractive grade profile”, the firm said. Further drilling early next year is expected to boost the underground resource to more than one million ounces. North Mara, is one of four mines run by African Barrick in northwest Tanzania. The stock closed up 2.3 per cent at 552p yesterday. Show Comments ▼ Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofNew England Patriots’ Cam Newton says no extra motivation from Mac Jones’SportsnautHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofTortilla Mango Cups: Recipes Worth CookingFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family Proof Tags: NULLlast_img read more

Spencer sells £31m of his ICAP shares

first_img KCS-content Spencer sells £31m of his ICAP shares Share ICAP founder and Tory party treasurer Michael Spencer has offloaded £31m worth of his shares in ICAP, which he holds through IPGL, a company run by his family trusts.IPGL also owns City Index, the spread betting firm, and the sale will enable IPGL to pay down some of its £130m loan from HSBC.The 6m shares were sold at 512p yesterday and take Spencer’s stake to 16.5 per cent, from 17.4 per cent previously. IPGL also owns Exotix, a distressed debt trader, Origin Asset Management and rents out his yacht.This is the second big sale of ICAP shares by Spencer’s family company since January, when IPGL sold £45m’s worth of stock at 440p per share. IPGL is now left with 103m shares.Overall, ICAP has risen over 25 per cent this year despite having mixed results.ICAP shares closed up yesterday from Spencer’s sale price but down overall by 1.7 per cent at 519p. Tags: NULL More From Our Partners A ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comKiller drone ‘hunted down a human target’ without being told tonypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgMark Eaton, former NBA All-Star, dead at 64nypost.comFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.comWhy people are finding dryer sheets in their mailboxesnypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comcenter_img whatsapp by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailNoteabley25 Funny Notes Written By StrangersNoteableySerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBetterBe20 Stunning Female AthletesBetterBeHistorical GeniusHe Was The Smartest Man Who Ever Lived – But He Led A Miserable LifeHistorical GeniusMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesElite HeraldExperts Discover Girl Born From Two Different SpeciesElite Herald whatsapp Show Comments ▼ Tuesday 7 December 2010 8:55 pmlast_img read more

Panmure sees a recovery in Britain and US

first_img Show Comments ▼ Panmure sees a recovery in Britain and US whatsapp Share Tags: NULL KCS-content Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofThe Truth About Bottled Water – Get the Facts on Drinking Bottled WaterGayotBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofChicken Bao: Delicious Recipes Worth CookingFamily ProofCheese Crostini: Delicious Recipes Worth CookingFamily Proof whatsapp Wednesday 5 January 2011 7:58 pm STOCKBROKER Panmure Gordon has drawn a line under a tough first six months of 2010 to report a “significant improvement” in trading in the second half, it said yesterday.Its businesses on both sides of the Atlantic had reported operating profits despite “continued challenging trading conditions”, it said.The update will hearten investors after a torrid first half in which total income shrank to £17.1m, from £28.4m the previous year, and it posted a £6.05m pre-tax loss.It also vindicates Panmure’s rebuttal of an unsolicited takeover bid from larger rival Evolution Securities last September on the grounds that it was independently successful.Panmure chief executive Tim Linacre said that while he felt the results could still improve, Panmure “had a better end to 2010 than we had expected or feared” and “ended the year with more momentum than expected.”Linacre said the year had been “a long hard slog” and he anticipated a further slow start to 2011 as a spike in corporate debt refinancing and the effect of the government’s austerity measures hold back the market. The US business performance was “encouraging” but “we hope to see a much better performance in 2011,” he added.Panmure’s UK second-half performance bounced as it completed a number of client fundraising, M&A advisory and restructuring transactions. It also won 22 new corporate clients over the year, taking its total roster to 73. Its US investment banking business also took off, generating full-year revenue of more than five times that recorded in the first half of the year.“Both the UK and the US investment banking businesses have a good pipeline of deals for 2011,” it said. last_img read more

Dixons sees trade dented as the dire weather claims another retail victim

first_img Share Dixons sees trade dented as the dire weather claims another retail victim KCS-content whatsapp whatsapp Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryUndoMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUndoTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastUndoSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesUndoBrake For ItThe Most Worthless Cars Ever MadeBrake For ItUndoBetterBe20 Stunning Female AthletesBetterBeUndoElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldUndoAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteUndoDefinitionDesi Arnaz Kept This Hidden Throughout The Filming of ‘I Love Lucy’DefinitionUndo More From Our Partners Native American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgConnecticut man dies after crashing Harley into live bearnypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgcenter_img DIXONS Retail yesterday forecast full-year profit around the bottom end of market expectations after Christmas sales were hit by December’s adverse weather.The company, which runs the Currys and PC World chains in Britain, UniEuro in Italy, Elkjop in Nordic countries and Kotsovolos in Greece, said it expected underlying profit before tax in the range of £100m to £110m in 2011.Dixons said sales at stores open over a year fell two per cent in the 12 weeks to 8 January – its fiscal third quarter. That compares with analyst forecasts for a fall of two to nine per cent, according to a Reuters poll, and with a second-quarter fall of one per cent.“We remain cautious about the economic outlook across our markets,” the firm said.Dixons, which makes all its profit in the second half, is two and a half years into a turnaround plan that has focused on selling underperforming businesses, cutting costs, revamping stores, opening larger stores and improving product ranges and service. The programme has generally been well received by analysts, but Dixons’ share price has fallen by 40 per cent over the last year. Competition from US electricals giant BestBuy – which has launched into the UK market – has not helped. Austerity measures have also seen shoppers tightening their belts. Thursday 13 January 2011 8:01 pm Show Comments ▼ Tags: NULLlast_img read more