A&O senior management make £14.2m

first_img Show Comments ▼ Tags: NULL SENIOR ANAGEMENT at legal giant Allen & Overy (A&O) collectively took home £4m more last year, according to the firm’s financial statements.In the year ending 30 April 2010, management, including senior partner David Morley and managing partner Wim Dejonghe, made £14.2m last year, marking a rise from 2009 when that figure came in at £9.9m.The salary pot was also shared with partners who head up the firm’s main practice areas and supporting directors. whatsapp KCS-content whatsapp More From Our Partners Russell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comKiller drone ‘hunted down a human target’ without being told tonypost.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.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.org A&O’s balance sheet also showed that during the year, the firm’s partners injected £34.9m of capital into the business, marking a rise from 2009 when £15.9m was contributed by partners. A spokesperson for A&O said the figure was not a cash call but was the result of an increase in the number of new partners. The business said these came from promotions and a raft of new hires.The Magic Circle firm, however, saw revenue fall by four per cent during the 2009-10 year to £1.05bn as markets continued to struggle.Staff headcount fell by nine per cent during the year to 4,608, after the firm finalised a radical restructuring, which cost £19.6m.But Morley remains confident about the prospects for the legal outfit next year.“We’ve been through a huge economic dislocation. We’ve survived that, and, in many ways, thrived. That’s because we are flexible and… we can adapt quickly to a change,” said Morley. Monday 13 September 2010 7:36 pm Share 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 A&O senior management make £14.2m last_img read more

UK output expands in August

first_img BRITISH manufacturing output surged in August continuing a four-month upward trend and breaking a 16-year record, official data showed yesterday, easing fears the economy is on the verge of a sharp downturn.The Office of National Statistics (ONS) said output increased 0.3 per cent in August taking the annual growth rate to six per cent, the strongest annual rate since the end of 1994. Ten out of the 13 manufacturing sectors reported growth. Industrial production, which includes mining and utilities, rose 0.3 per cent in August, taking the annual growth rate to 4.2 per cent – a rate of increase also not seen since 1994. The largest increases in output were in the machinery and equipment industries, where output rose by 16 per cent year-on-year and the food, drink and tobacco industries which saw a year-on-year increase in output of 7.7 per cent. The ONS data showed only electricity, gas and water output as declining slightly by 0.2 per cent.But economists were cautious about the significance of the figures for interpreting the strength of the economy.“These are good readings to be honest, but still it’s going to take a long time for output more generally in the UK to get back to its peak level,” said George Buckley, economist at Deutsche Bank.Peter Dixon, economist at Commerzbank added: “The figures are slightly ahead of the consensus view now because they are somewhat backward looking.”“How strong output activity will look in the future will depend on how well the global economy recovers. There’s a lot of concern it is losing momentum,” added Dixon. Share KCS-content whatsapp UK output expands in August Tags: NULL Read This Next’Kevin Can F**k Himself’: Here’s Why Only Allison and Patty Are SeenThe Wrap20 Stars Who’ve Posted Nude Selfies, From Lizzo to John Legend (Photos)The Wrap’Batwoman’: Wallis Day on Circe’s ‘Deranged’ Warpath and the Key to SavingThe Wrap’Godzilla vs Kong’ Reaches $100 Million in US After Grossing $250,000 inThe WrapJoin a Conversation on ‘Cancel Culture in Comedy’ with Maz Jobrani, SkyeThe WrapAnya Taylor-Joy, Ralph Fiennes Join Searchlight’s Dark Comedy ‘The Menu’The WrapAfter ‘Black Widow,’ Kevin Feige Leaves Open the Possibility of OtherThe Wrap’Pose’ Creator Steven Canals on Life After His Groundbreaking Show: ‘I’mThe Wrap’The Boys’ Star Aya Cash Took Inspiration From YouTube, TikTok and SteveThe Wrap Show Comments ▼ Thursday 7 October 2010 7:56 pm whatsapplast_img read more

WHAT THE OTHER PAPERS SAY THIS MORNING

first_img Tags: NULL Share More From Our Partners Native American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.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.orgKiller drone ‘hunted down a human target’ without being told tonypost.com by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryNoteabley25 Funny Notes Written By StrangersNoteableyTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBemoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan Times whatsapp Sunday 10 October 2010 11:59 pmcenter_img whatsapp KCS-content Show Comments ▼ WHAT THE OTHER PAPERS SAY THIS MORNING FINANCIAL TIMESEUROZONE BOND INVESTORS ACCUSED OF OVERREACTINGInvestors in Eurozone bond markets stand accused of letting “animal spirits” affect their judgment on the risk of a European debt default, creating a situation where financial markets could force weaker countries into excessive budget cutting. A senior official at the Organisation for Economic Co-operation and Development criticised the behaviour of some investors that has led to sharp swings in the yields on government bonds issued by Greece, Ireland, Portugal and Spain.HOMESCHEME’S END LEAVES £400M BILLThe termination of government support for homebuyers has left taxpayers holding £400m of mortgage debt considered too high risk to be taken on by banks. EU CLAIMS VICTORY IN AIRLINE EMISSIONS WRANGLEA new global aviation deal will weaken the hand of US airlines to resist inclusion in Europe’s emissions trading system, the European Union’s transport chief has said. “The ETS is valid, and [the Americans] will come under it like everyone else,” said Siim Kallas, the EU transport commissioner, claiming a diplomatic victory in a long-running dispute between the EU and US over how to curb airline greenhouse gas emissions.KLEINWORT BENSON NAMES CHIEFKleinwort Benson has hired a top executive from on of its rivals ina management shake-up that is part of efforts to rebuild its 200-year-old brand. Sally Tennant, chief executive of the UK arm of Swiss private bank Lombard Odier Darier Hentsch, will join Kleinwort Benson early next year as chief executive, the bank will announce today. Kleinwort hopes to strengthen its private banking arm.THE TIMESTRADE SUMMIT EXPOSES FRICTION AS LEADERS “PUT RECOVERY AT RISK”The world is shifting into a “dangerous” phase of unilateralism in currency and trade relations, the world’s leading banks have warned after a fractious summit of ministers in Washington. Josef Ackermann, chairman of the Institute of International Finance and chief executive of Deutsche Bank, said that some leaders were pursuing narrow national or regional interests that could damage a “fragile” world recovery.THERE’S MORE THAN A STORM BREWING AT SEA…One of the world’s biggest brewers is considering building large floating breweries. SABMiller, which owns such brands as Pilsner Urquell, Grolsch and Peroni Nastro Azzurro, is looking into the concept of ship-borne breweries.The Daily TelegraphAFRICA IS SAVING LIVES BY TURNING MOBILE PHONES INTO HOSPITALSMobile phone manufacturers, networks and software developers have joined forces with the United Nations to place the mobiles at the heart of a multi-million pound drive to tackle HIV/AIDS, malaria and deaths during childbirth. CHILEAN MINERS DRAW UP CONTRACT TO SHARE PROCEEDSThe 33 trapped Chilean miners have moved to stop any individual from profiting at the expense of the group, drawing up a legal contract to share the proceeds from the story of their ordeal. The men have called in a lawyer to draw up a contract ensuring they will equally profit from the lucrative media deals they expect to secure for sharing the story of their two month survival in the hope that they never have to work again.THE WALL STREET JOURNALEUROPENEWS FOR NEWS MAKERSCONSTELLATION ENERGY NUCLEAR PROJECT SNAGSConstellation Energy Group has pulled out of a government program essential to its plans to build a new nuclear reactor in Maryland, all but killing the project and further straining relations with its French partner, Electricité de France. The Baltimore power and utility company said it won’t move forward with an application for a federal loan guarantee, finding the government’s terms unworkable.STEERING FAULT PROMPTS MERCEDES RECALLMercedes-Benz said it is recalling about 85,000 of its cars because of potential steering problems. The German luxury-car maker told US federal regulators that the steering systems in the cars “may fail due to the loss of power steering fluid”. last_img read more

Diageo says Europe is weak

first_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 ScottsdaleMoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBemoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesZen HeraldThe Truth About Why ’40s Actor John Wayne Didn’t Serve In WWII Has Come To LightZen Herald DIAGEO, the world’s biggest spirits group, said trading in Europe was weaker as it met forecasts with a five per cent rise in first-quarter underlying sales driven by growth in emerging markets.The maker of Smirnoff vodka, Captain Morgan rum and Guinness also stuck to its forecast to see higher profit growth this year than last as Russia, Latin America, Africa and Asia help offset difficult conditions in Europe. Chief executive Paul Walsh said the group faced tough trading in Greece, and Spanish net sales were down markedly year-on-year, reflecting the debt crisis crippling these southern European economies.“The consumer environment in Europe is slightly weaker than we expected in the prior year,” Walsh said in a trading update for its July-September first quarter and ahead of its annual general meeting. The European region produces nearly a third of the group’s profit. Spain is one of Diageo’s three key markets in Europe along with Britain and Ireland, which together make up over half of the group’s European sales. The group reported a strong performance from operations in Latin America, Africa and Asia Pacific, while North America posted stronger growth than in the previous year.“The company is seeing a slightly improved growth trend in the US market which in very encouraging… However the European consumer environment has deteriorated versus last year driven by weakness in Greece and Spain,” said analyst Anthony Bucalo at brokers Credit Suisse. whatsapp Diageo says Europe is weak Thursday 14 October 2010 8:26 pm Sharecenter_img KCS-content Show Comments ▼ More From Our Partners Russell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.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.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.com Tags: NULLlast_img read more

WI-FI HITS UNDERGROUND

first_img Tags: NULL 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 PastUndoSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesUndomoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comUndoTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island FarmUndoAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteUndothedelite.comNetflix Cancellations And Renewals: The Full List For 2021thedelite.comUndoReporter CenterBrenda Lee: What Is She Doing Now At 76 Years of Age?Reporter CenterUndoGloriousaCouple Wins Lottery, 5 Years Later, Their House Had To Be DemolishedGloriousaUndo whatsapp Show Comments ▼ CUSTOMERS will be able to log on to the internet from their laptops or mobile phones at Charing Cross Tube Station from 1 November through BT Openzone. The trial, which will test how the service works and look at customer take up, will include live Transport for London service updates available to all wi-fi users including non-BT customers. whatsappcenter_img Share KCS-content Thursday 28 October 2010 8:17 pm Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe WrapNewsmax Rejected Matt Gaetz When Congressman ‘Reached Out’ for a JobThe Wrap’Sex and the City’ Sequel Series at HBO Max Adds 4 More ReturningThe Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The Wrap WI-FI HITS UNDERGROUND last_img read more

Halfords refinances as earnings drive forward

first_imgThursday 18 November 2010 7:44 pm More From Our Partners Biden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comKiller drone ‘hunted down a human target’ without being told tonypost.comWhy people are finding dryer sheets in their mailboxesnypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.com Show Comments ▼ 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 Famous, Now She Works In {State}MoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesZen HeraldNASA’s Voyager 2 Has Entered Deep Space – And It Brought Scientists To Their KneesZen HeraldWanderoamIdentical Twins Marry Identical Twins – But Then The Doctor Says, “STOP”WanderoamMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldHealthyGem”My 600-lb Life” Star Dropped 420 Pounds, See Her NowHealthyGem Halfords refinances as earnings drive forward whatsappcenter_img KCS-content HALFORDS said yesterday it had refinanced its debt arrangements as it posted a rise in first half profit.The cycle and car parts retailer saw pre-tax profit rise 12.8 per cent in the six months to 1 October. Halfords said it had grown its market share in its more expensive cycles range as more people invest in bikes to ride to work.The company also said it had seen a slight bounce in satnav sales after they had plummeted earlier in the year. Halfords said its Autocentre development plan was on track with rebranding of all centres to be completed by early 2011.Meanwhile net debt stood at £109m at the end of the period with a new debt facility agreed with the company’s banks.Chief executive David Wild said: “We are pleased that we have had an agreement with our banks that is positive for us.“This has been a big period of change for the company with new distribution arrangements and the re-branding of our servicing Autocentres. We think we have the right stock for Christmas which should give us another boost.” Tags: NULL Sharelast_img read more

Hands looks for next deal

first_img Tags: NULL Hands looks for next deal Thursday 18 November 2010 8:55 pm Show Comments ▼ KCS-content PRIVATE equity tycoon Guy Hands said yesterday he was focused on “the next deal” following his attempts to sue Citigroup over his purchase of struggling music label EMI. He said his firm would “look like geniuses” if it hadn’t bought EMI, but refused to discuss his recent legal battle against Citigroup. “EMI is where EMI is,” he told the Super Investor conference in Paris yesterday. It was the Terra Firma owner’s first public appearance since losing a $2bn (£1.25bn) fraud case against the investment bank over the purchase of EMI. Hands unsuccessfully claimed Citigroup had tricked him into paying $6.8bn for the debt-laden firm in May 2007. He told conference delegates that private equity needed to accept lower returns in the future. “2004 to 2007 was an anomaly…the Woodstock years. We have to accept reality and stop chasing ghosts. We are back where we were,” Hands said. Buyout funds should return to basics, he said. Private equity would have to invest in good businesses and hold on to them long-term rather than selling out after three years.Investors should expect returns of eight or nine per cent rather than the 20 per cent seen at the height of the market, he added. Share whatsapp More From Our Partners Brave 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.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgMark 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.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.com whatsapplast_img read more

Google in talks with Filmyard

first_img whatsapp Google in talks with Filmyard Monday 22 November 2010 8:44 pm Share KCS-content whatsappcenter_img More From Our Partners Police Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comKiller drone ‘hunted down a human target’ without being told tonypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comConnecticut man dies after crashing Harley into live bearnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comSidney Crosby, Alex Ovechkin are graying and frayingnypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comMark Eaton, former NBA All-Star, dead at 64nypost.com Show Comments ▼ 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 PastUndoSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesUndoZen HeraldNASA’s Voyager 2 Has Entered Deep Space – And It Brought Scientists To Their KneesZen HeraldUndomoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comUndoAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteUndoTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island FarmUndoReporter CenterBrenda Lee: What Is She Doing Now At 76 Years of Age?Reporter CenterUndothedelite.comNetflix Cancellations And Renewals: The Full List For 2021thedelite.comUndo Google is in talks with Filmyard Holdings to gain digital rights to film studio Miramax’s archives to boost its efforts to turn YouTube into a destination with longer-form content, the New York Post said, citing people close to the situation.The current deal may include rights for more than 700 films. Google may have to compete with streaming and mail-in rental company Netflix, which has also shown interest in Miramax’s film library. Google was unavailable for comment. Tags: NULLlast_img read more

Troubled De La Rue rejects French bid

first_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 The Dream Girl In The 90s, This Is Her NowMoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBetterBe20 Stunning Female AthletesBetterBemoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comZen HeraldNASA’s Voyager 2 Has Entered Deep Space – And It Brought Scientists To Their KneesZen HeraldAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteDefinitionDesi Arnaz Kept This Hidden Throughout The Filming of ‘I Love Lucy’Definition Sunday 5 December 2010 11:40 pm BANKNOTE printer De La Rue has been the subject of a rejected takeover bid from French rival Oberthur Technologies, it emerged yesterday.The troubled currency printer received an all cash secret takeover bid from privately-owned Oberthur a few weeks ago, which reportedly values De La Rue at about £750m.The deal was rejected on the grounds that it undervalued De La Rue, which has seen its share price slump this year amid a production crisis that shook customer’s confidence in the company and cost its chief executive, James Hussey, his job in August.Oberthur is now understood to be considering whether to increase its offer, according to Sky News. De La Rue declined to comment.If Oberthur were to go ahead with a second offer it could reignite debate about the foreign ownership of British companies, with the production of sterling and biometric passports being a particularly sensitive issue that the government would be likely to take a significant interest in.On Friday, De La Rue shares closed at 647.5p, valuing the group at around £640m.. The deal speculation follows the recent revelation that De La Rue is in the final stages of negotiations with Tim Cobbold, the head of the industrial group Chloride, to take over the vacant position of chief executive. The firm is keen to transform its fortunes after a disastrous admission in the summer that there had been printing irregularities at its factory in Overton, Hampshire. The admission threatened the company’s relationship with its biggest client, thought to be the Bank of India. Read This NextFresh Fruit Sushi: Recipes Worth CookingFamily ProofCreamy Pumpkin Soup: Delicious Recipes Worth CookingFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofChicken Bao: Delicious Recipes Worth CookingFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily Proof’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofA Once in 17 Years Cicada Event in Princeton, New JerseyFamily Proof Troubled De La Rue rejects French bid Show Comments ▼center_img KCS-content Share whatsapp Tags: NULLlast_img read more

BEST OF THE BROKERS

first_img 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 PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBetterBe20 Stunning Female AthletesBetterBemoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comZen HeraldNASA’s Voyager 2 Has Entered Deep Space – And It Brought Scientists To Their KneesZen HeraldAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteDefinitionDesi Arnaz Kept This Hidden Throughout The Filming of ‘I Love Lucy’DefinitionTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island Farm Tags: NULL KCS-content BEST OF THE BROKERS HSBCSeymour Pierce rates HSBC a “buy” with a target price of 800p. Its buy case is built on the value of customer deposits and revenues from the circulation of global trade flows. It says the group has a competitive advantage in its international retail banking customer proposition and should benefit from trends in global trade.BRITVICEvolution Securities said Britvic’s profit was in line with its forecasts when the drinks maker announced results last week. The broker notes that management was cautious on 2011, but remains a bullish buyer with a target price of 525p. It says the firm’s “growth defensive attractions” are being underpriced.BETFAIRNumis rates Betfair a “buy” with a target price of 1600p, after the US?state of New Jersey approved the introduction of exchange horse race betting. The broker says Betfair accounts for the majority of online horse race betting in the UK, and sees no reason why it couldn’t become a major player in the US. 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.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgSidney Crosby, Alex Ovechkin are graying and frayingnypost.com whatsappcenter_img whatsapp Show Comments ▼ Share Monday 6 December 2010 7:28 pmlast_img read more