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....The latest offer is critical of AkzoNobel's own plan, announced on 19 April, to split the Netherlands-based group into two: one part concentrating on paint and the other on chemicals. PPG said: "As evidenced by the decline in AkzoNobel's stock price since its investor update, the capital markets have not recognized any additional value from its new standalone plan, including the enhanced regular dividend and special dividend that AkzoNobel has proposed for 2017. ... [Read full article on BBC ]
Monday 24th of April 2017 11:08:17 AM
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.... . But JAB, also an investor in Krispy Kreme doughnuts and household goods giant Reckitt Benckiser, added there was "no certainty that a sale" would take place. ... [Read full article on BBC ]
Monday 24th of April 2017 06:35:35 AM
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....Miles Shipside, director of Rightmove, said there were signs of a “strong spring market”, which should help to offset any jitters in the market before the general election on 8 June. The first-time buyer sector was driving the price increases, Rightmove said, after changes to previously generous tax rules deterred buy-to-let investors from competing for similar homes. ... [Read full article on Guardian ]
Monday 24th of April 2017 06:00:04 AM
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Monday 24th of April 2017 07:27:54 AM
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....Jimmy Wales's interest in news media is nothing new. For years he has expressed concern about how to guarantee the future of quality journalism, and even been talked of as a potential investor in existing media companies. ... [Read full article on BBC ]
Monday 24th of April 2017 11:50:10 PM
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.... . The company is due to report its first-quarter earnings to investors on Friday. ... [Read full article on BBC ]
Monday 24th of April 2017 09:06:53 PM
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....Stock markets surged and the euro jumped sharply after centrist candidate Emmanuel Macron won the first round of the weekend’s French presidential election, easing fears of a victory by the far-right Front National. France’s Cac index climbed more than 4% to a nine-year high, its best daily performance since August 2015, as investors bet that Macron would defeat the other runoff candidate, the FN’s Marine Le Pen on 7 May. ... [Read full article on Guardian ]
Monday 24th of April 2017 09:34:27 AM
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....The rise in shares follows news that centrist Emmanuel Macron topped the voting in France on Sunday, going through to the final round with far-right candidate Marine Le Pen. Markets now expect Mr Macron to beat Ms Le Pen in the second round of the vote, installing a French president seen by investors as pro-Europe and pro-business. ... [Read full article on BBC ]
Monday 24th of April 2017 07:55:14 AM
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....Many of Genel’s problems came from outside, notably the arrival of Isis fighters in the region, which required the Kurdish regional government to prioritise spending on defence over paying western oil companies. But there is a fair argument that those pressures are easing and that Genel has the potential to recover value for investors, especially if its Kurdish gas assets live up to the hype. ... [Read full article on Guardian ]
Monday 24th of April 2017 06:58:33 PM
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Latest Finance News related to Investor

Wikipedia's Jimmy Wales creates news service Wikitribune image
Source : BBC [Read Article] Monday 24th of April 2017 11:50:10 PM
....Jimmy Wales's interest in news media is nothing new. For years he has expressed concern about how to guarantee the future of quality journalism, and even been talked of as a potential investor in existing media companies. ...
General Motors loses Supreme Court appeal over car faults image
Source : BBC [Read Article] Monday 24th of April 2017 09:06:53 PM
.... . The company is due to report its first-quarter earnings to investors on Friday. ...
Nicking Labour's energy price cap is not enough – the Tories need specifics | Nils Pratley image
....Many of Genel’s problems came from outside, notably the arrival of Isis fighters in the region, which required the Kurdish regional government to prioritise spending on defence over paying western oil companies. But there is a fair argument that those pressures are easing and that Genel has the potential to recover value for investors, especially if its Kurdish gas assets live up to the hype. ...
Offer for Dulux owner AkzoNobel raised again image
Source : BBC [Read Article] Monday 24th of April 2017 11:08:17 AM
....The latest offer is critical of AkzoNobel's own plan, announced on 19 April, to split the Netherlands-based group into two: one part concentrating on paint and the other on chemicals. PPG said: "As evidenced by the decline in AkzoNobel's stock price since its investor update, the capital markets have not recognized any additional value from its new standalone plan, including the enhanced regular dividend and special dividend that AkzoNobel has proposed for 2017. ...
Stock markets surge after French election result image
Source : Guardian [Read Article] Monday 24th of April 2017 09:34:27 AM
....Stock markets surged and the euro jumped sharply after centrist candidate Emmanuel Macron won the first round of the weekend’s French presidential election, easing fears of a victory by the far-right Front National. France’s Cac index climbed more than 4% to a nine-year high, its best daily performance since August 2015, as investors bet that Macron would defeat the other runoff candidate, the FN’s Marine Le Pen on 7 May. ...
FTSE 100 up 2% as European stocks rally after French vote image
Source : BBC [Read Article] Monday 24th of April 2017 07:55:14 AM
....The rise in shares follows news that centrist Emmanuel Macron topped the voting in France on Sunday, going through to the final round with far-right candidate Marine Le Pen. Markets now expect Mr Macron to beat Ms Le Pen in the second round of the vote, installing a French president seen by investors as pro-Europe and pro-business. ...
Jimmy Choo seeks well-heeled buyer image
Source : BBC [Read Article] Monday 24th of April 2017 06:35:35 AM
.... . But JAB, also an investor in Krispy Kreme doughnuts and household goods giant Reckitt Benckiser, added there was "no certainty that a sale" would take place. ...
Asking prices for homes rise to record average of £313,655 image
Source : Guardian [Read Article] Monday 24th of April 2017 06:00:04 AM
....Miles Shipside, director of Rightmove, said there were signs of a “strong spring market”, which should help to offset any jitters in the market before the general election on 8 June. The first-time buyer sector was driving the price increases, Rightmove said, after changes to previously generous tax rules deterred buy-to-let investors from competing for similar homes. ...
French elections: Wall Street joins European relief rally image
Source : BBC [Read Article] Sunday 23rd of April 2017 09:16:09 PM
....Europe's main markets jumped at least 2% and the euro hit a five-month high as fears over the election eased. "Markets are taking the news out of France very positively," said David Levy, US-based investor at Republic Wealth Advisors. ...
Packing a punch image
Source : BBC [Read Article] Sunday 23rd of April 2017 06:58:24 AM
....Elliott Management, which oversees about $30bn (£23. 5bn) worth of assets, has earned a reputation over 40 years as a no-holds-barred activist investor, with an unusually large appetite for public face-offs. ...
BHS crash sets trend for a chain of closures on UK high streets image
Source : Guardian [Read Article] Saturday 22nd of April 2017 03:00:17 PM
Lloyds: Taxpayers get all their money back after rescue image
Source : BBC [Read Article] Friday 21st of April 2017 05:01:52 PM
....4bn - back. The government began selling off its stake to investors in 2013, with the final 2% likely to be sold this year. ...
Sports Direct's £78m move into US retail stuns analysts image
Source : Guardian [Read Article] Friday 21st of April 2017 03:41:12 PM
....The retailer said on Friday it had received approval from Delaware bankruptcy court to buy 50 stores trading as Bob’s Stores and Eastern Mountain Sports through the bankruptcy process of Eastern Outfitters, the chains’ parent company. Sports Direct, majority owned by its chief executive Mike Ashley, is under pressure after a Guardian investigation in 2015 into its working conditions and investor criticism of its corporate governance standards. ...
Electric flying car that takes off vertically could be future of transport image
....The once fanciful concept of flying cars appears to be a step closer to reality, after a German company completed successful test flights of a “flying taxi”. Munich-based Lilium, backed by investors who include Skype co-founder Niklas Zennström, said the planned five-seater jet, which will be capable of vertical take-off and landing, could be used for urban air-taxi and ride-sharing services. ...
Borussia Dortmund bombs: Part of an elaborate scam? image
Source : BBC [Read Article] Friday 21st of April 2017 11:10:46 AM
....Police initially believed the bombing - which left Spanish footballer Marc Bartra needing surgery - was the work of terrorists, helped to that conclusion by a number of letters purportedly written by Islamic extremists left near the site. But they soon concluded something was amiss, and turned their attentions to a 28-year-old investor named only as Sergej W, whom they have now charged with attempted murder. ...
Trump launches investigation into steel dumping image
Source : BBC [Read Article] Friday 21st of April 2017 07:41:27 AM
....The news caused shares in US steelmakers to rise sharply. However, Asian steelmakers also climbed as investors appeared to shrug off the news. ...
Juicero: Juicing boss defends $400 machine image
Source : BBC [Read Article] Friday 21st of April 2017 07:26:05 AM
....The San Francisco firm raised around $120m in funding ahead of its launch last March. It said it was hoping to tackle nutrition and obesity problems, with investors also inspired by the success of businesses like Nespresso which blend a one-time sale of hardware with repeat sales of consumables. ...
Green Investment Bank sell-off: only time will tell how green it is | Nils Pratley image
.... The £1bn-a-year figure for investment by GIB is a target that may or may not be met. The problem is partly mitigated by the fact that other investors, notably the Universities Superannuation Scheme, have arrived and will hold stakes in assets directly. ...
Green Investment Bank sell-off described as a disaster by critics image
Source : Guardian [Read Article] Thursday 20th of April 2017 03:22:54 PM
....A government spokeswoman said it had always aimed to sell the GIB by the spring. Macquarie said it was committed to the GIB’s target of investing £3bn in green energy projects over the next three years, either directly or by arranging capital from other investors. ...
Presidential challenge image
Source : BBC [Read Article] Thursday 20th of April 2017 03:10:40 PM
.... . In fact, for some shorter term borrowing the French Treasury has to raise the money at a rate of below zero, which means that financial market investors have to pay the state to take their money. ...
Bank of Cyprus UK launches competitive online account paying 1.05% image
Source : Guardian [Read Article] Thursday 20th of April 2017 12:15:27 PM
....Deposits with peer-to-peer lenders are not covered by the FSCS should the worst happen and the lender stops trading. So far firms like RateSetter have proudly claimed that no investor has lost out. ...
Green Investment Bank sold to Australian firm Macquarie image
Source : BBC [Read Article] Thursday 20th of April 2017 09:25:36 AM
...."We are excited by a business that will take a leading role in the green economy, using the specialist knowledge of our teams in Edinburgh and London," he said. Lord Smith of Kelvin, chairman of the GIB, said the sale decision had been supported by the board as it believed that attracting new investors was the "best available route" to securing the long-term future of the business. ...
London shares stagnate in shade of UK election campaign image
Source : BBC [Read Article] Thursday 20th of April 2017 07:38:55 AM
....3% to £3. 54p after updating investors on its big turnaround plan, which includes both store closures and new store openings. ...
Green Investment Bank to be sold off in £2.3bn deal image
Source : Guardian [Read Article] Wednesday 19th of April 2017 08:54:43 PM
....The Green Investment Bank has stakes – either directly or via funds managed by third parties – in 85 projects that vary from an energy efficient street lighting project in Barking and Dagenham and windfarm in Dumfries and Galloway, to a biomass plant at Port Talbot and an energy-from-waste plant in Belfast. The bank also manages the world’s first offshore wind fund, which is comprised private capital from a sovereign wealth fund, European institutional investors and a number of UK pension funds. ...
Burberry's sales growth slows despite 'exceptional' UK performance image
Source : Guardian [Read Article] Wednesday 19th of April 2017 05:23:32 PM
....Shares in Burberry have slumped after the luxury brand revealed that strong sales in the UK and China had failed to offset a slowdown in the US and Hong Kong. Burberry’s share price slid nearly 8% on Wednesday amid investor disappointment that the British label had not echoed the bullish performance of Louis Vuitton owner LVMH last week which had appeared to herald a turnaround in the luxury market. ...
Gandhi stamps sell for £500,000 image
Source : BBC [Read Article] Wednesday 19th of April 2017 12:56:41 PM
....Only 13 of the 1948 Gandhi 10-rupee Purple Brown and Lake 'Service' stamps are in circulation. The block of four was sold to a private collector-investor in Australia for the highest ever price for Indian stamps, said dealer Stanley Gibbons. ...
Burberry shares dive despite sales rise image
Source : BBC [Read Article] Wednesday 19th of April 2017 09:32:28 AM
.... . In the wake of last year's Brexit vote, chairman John Peace told investors at the company's annual meeting that the opening of the new facility might be delayed, as the company considered the implications of the referendum. ...
FTSE 100 stumbles as Burberry tumbles image
Source : BBC [Read Article] Wednesday 19th of April 2017 07:46:07 AM
. (Noon): London's leading shares dipped in Wednesday morning trading but sterling was steady as investors continued to digest the consequences of the UK's snap election call. ...
Services matter image
Source : BBC [Read Article] Tuesday 18th of April 2017 11:13:46 PM
Investors think the election means a softer Brexit – are they right? image
Source : Guardian [Read Article] Tuesday 18th of April 2017 06:40:16 PM
.... The real question is why sterling, which hit a six-month high, reacted so strongly to an early general election. It was because investors calculated – counter-intuitively at first glance – that a bigger Tory majority in the Commons, if that’s what follows, will mean a softer form of Brexit. ...
Next slashes Wolfson's pay by half after profits slide image
Source : BBC [Read Article] Tuesday 18th of April 2017 06:35:51 PM
...."It has been a challenging year for Next and the remuneration outcomes for the directors have reflected this," she said. Companies are coming under increasing pressure from institutional investors to limit executive pay - particularly when profits have disappointed or the share price has underperformed. ...
How much uncertainty can business take? image
Source : BBC [Read Article] Tuesday 18th of April 2017 01:57:40 PM
.... . "A snap election does potentially open the door to some market volatility in the coming months, though investors shouldn't let their investment decisions be dictated by swaying polls," he explained. ...
Goldman Sachs and Bank of America see profits jump image
Source : BBC [Read Article] Tuesday 18th of April 2017 11:54:29 AM
Pound soars and FTSE 100 tumbles after election announcement image
Source : BBC [Read Article] Tuesday 18th of April 2017 07:58:19 AM
...."That would be welcomed by financial markets," he added. However, Neil Wilson, of ETX Capital, said: "For investors [the snap election] adds another layer of complexity to an already uncertain picture for UK and European assets. ...
Netflix says opportunity 'gigantic' despite slowing growth image
Source : BBC [Read Article] Monday 17th of April 2017 09:40:50 PM
....As ever, Wall Street is obsessed with user growth above almost any other metric a technology company can offer. Netflix didn't add as many new users in the last quarter as investors had been expecting, both in the US and internationally. ...
Netflix looks beyond US as competition mounts image
Source : BBC [Read Article] Monday 17th of April 2017 01:51:31 PM
.... . Analysts and investors will closely watch its subscriber growth when results for the most recent quarter are released later on Monday. ...
Should you resist Lisa … out to lure you into saving for a property or retirement? image
.... This isn’t just the government taking back the bonus, but a bigger slice of your savings. “The fact that both the exit charge and bonus are set at 25% could disguise the penalty – there needs to be clear warnings to investors to spell this out,” says Kerry Nelson of independent financial advisers Nexus. ...
China's first quarter growth beats expectations at 6.9% image
Source : BBC [Read Article] Monday 17th of April 2017 02:36:03 AM
.... . China is a key driver of the global economy and its performance is closely watched by investors around the world. ...
TUC chief calls for changes to post-Brexit trade dispute court image
Source : Guardian [Read Article] Sunday 16th of April 2017 12:09:48 PM
....Frances O’Grady said Britain and the EU had a chance to take a different approach to arbitration courts that make judgments on trade disputes. The investor-state dispute settlement (ISDS), a little-known system for resolving trade disputes that has existed since the 1960s, underpins thousands of European contracts. ...
Walking dead image
Source : BBC [Read Article] Sunday 16th of April 2017 08:34:11 AM
Higher interest rates. Great idea. Here’s why it won’t happen image
Source : Guardian [Read Article] Saturday 15th of April 2017 04:00:06 PM
....A higher return on lending will strengthen the banking sector’s financial standing and give them the funds to spur investment and help in the all-important task of improving the nation’s output and productivity. At the same time, higher interest rates will benefit ordinary investors. ...
Sparks fly on Wall Street over Tesla’s current valuation image
Source : Guardian [Read Article] Saturday 15th of April 2017 03:00:05 PM
....The punchy valuation for a loss-making manufacturer has divided the investment community and sparked some head-scratching among car-sector stalwarts. Tesla’s elevated profile with investors has brought both acclaim and a new level of scrutiny. ...
Netflix nudges 100m subscribers but what next for the streaming giant? image
Source : Guardian [Read Article] Saturday 15th of April 2017 09:00:21 AM
.... Ampere estimates that at its “current trajectory”, Netflix’s subscriber growth could plateau at 160m in six years without an overhaul of its business model. Netflix is in a constant race to produce significant subscriber growth – which is the almost singular focus of investor and analyst attention – in order to produce the revenues to re-invest in shows that will draw new customers. ...
How the beery vision of brewing a small fortune can fall flat image
Source : Guardian [Read Article] Saturday 15th of April 2017 08:59:21 AM
.... But if you want to set up a commercial enterprise straight away, that sort of cash won’t get you very far. We asked industry experts to estimate start-up costs for a brewery capable of producing 6 barrels (982 litres) on a budget, as well as a 20 barrel brewery for a big business or rich investor wanting to pull out all the stops. ...
Credit Suisse bosses slash bonuses 40 percent image
Source : Guardian [Read Article] Friday 14th of April 2017 03:10:01 PM
....2bn) by the US authorities for its role in the subprime mortgage crisis. Institutional investors and Swiss politicians had publicly criticised the bumper payouts – including a total of SFr12m for Thiam - and vowed to vote against the awards at the bank’s AGM later this month. ...
Credit Suisse bosses offer to cut their own bonuses by 40% image
Source : BBC [Read Article] Friday 14th of April 2017 01:30:19 AM
....". Credit Suisse investors are set to meet on 28 April. ...
Drax investors rebel on bosses' pay image
Source : BBC [Read Article] Thursday 13th of April 2017 04:07:48 PM
. A third of investors in Drax have voted against its remuneration report after its finance chief was awarded a bonus of almost £500,000. ...
AC Milan: Silvio Berlusconi sells Italian giants to Chinese investors image
. Chinese investor Rossoneri Sport Investment Lux has completed its £628m (740m euro) takeover of AC Milan, promising "significant capital increases". ...
Is business starting to get spooked about Donald Trump? | Larry Elliott image
Source : Guardian [Read Article] Thursday 13th of April 2017 12:36:22 PM
.... The failure to get Congress to agree to a repeal of Obamacare was the first sign of trouble, since it raised questions about whether the White House would be able to pass an economic stimulus package. But there has been more to unsettle investors since then – much more. ...
Pound to euro rate: Sterling rises to seven-week high in Easter boost for holidaymakers image
....Sterling reached 1. 179 ahead of the four-day weekend, as the looming French election prompts investors to sell off the European currency. ...
UK technology firms turn to Silicon Valley to ward off Brexit blues image
Source : Guardian [Read Article] Thursday 13th of April 2017 06:00:19 AM
....Northern tech businesses received a further boost recently when Virgin Atlantic launched its inaugural flight from Manchester to San Francisco, the first direct UK route outside London. Entrepreneurs hope it will tempt US investors to look outside the capital, where tech companies received £1. ...
Tesla board 'too close to Elon Musk' image
Source : BBC [Read Article] Wednesday 12th of April 2017 09:01:58 PM
....They urged it to re-elect members annually and to add two new independent directors to the board. In a tweet Mr Musk said the investors "should buy Ford stock" instead. ...
Final salary pension warning: Savers risk ruining retirement with transfers image
Source : Daily Express [Read Article] Wednesday 12th of April 2017 03:24:00 PM
....Final salary pension members should take four important steps before transferring out of a final salary scheme, according to Tom McPhail, head of policy at Hargreaves Lansdown. An investor could leave the scheme if it is preventing flexibility around death benefits or flexible income withdrawals for tax planning. ...
How Uber conquers a city in seven steps image
Source : Guardian [Read Article] Wednesday 12th of April 2017 03:19:57 PM
....The tides are turning for the poster child of the gig economy. Uber’s “disruptive” approach has up until now attracted investors like flies, leading to its valuation snowballing to $69bn. ...
London 'not the best place' for fintech start-ups image
Source : BBC [Read Article] Wednesday 12th of April 2017 12:57:56 PM
....". He was speaking at the government's International Fintech Conference in London, where Chancellor Philip Hammond told investors and entrepreneurs: "We need to continue to attract the brightest and the best from around the world to these shores - and we will. ...
Employment is high, skills are in demand. So why is pay still not rising? | Larry Elliott image
....Rather, the share price reflects concern that this might be as good as it gets, at least for a while. One source of anxiety is the proposed takeover of the cash-and-carry company Booker, which some of Tesco’s investors are clearly unhappy about. ...
Students face sharp rise in interest on tuition loans image
Source : BBC [Read Article] Wednesday 12th of April 2017 11:02:18 AM
....It will come in the autumn alongside an increase in tuition fees to £9,250 for universities in England. The Department for Education is also trying to sell off more student loan debt to private investors. ...
Akzo Nobel faces call to axe chairman amid takeover battle image
Source : BBC [Read Article] Wednesday 12th of April 2017 10:42:40 AM
. An activist investor in Akzo Nobel has increased the pressure on the Dulux paint owner by calling for its chairman to be removed. ...
Tesco shares tumble despite first UK growth in seven years image
Source : Guardian [Read Article] Wednesday 12th of April 2017 06:26:58 AM
....Last month Schroders and Artisan Partners, which between them own 9% of Tesco, revealed they had both written to Tesco’s chairman, John Allan, to ask him to pull out of the deal. But Lewis insisted that overall investors had been “positive” about the takeover. ...
Asda reignites row over 'farm' brands by relaunching value range image
Source : Guardian [Read Article] Wednesday 12th of April 2017 05:30:26 AM
.... Some of the foods were imported from overseas and given British names to make them sound local. Tesco will on Wednesday reassure investors that its crisis years are over by reporting a larger-than-expected jump in annual profits. ...
The money machine: how a high-profile corruption investigation fell apart image
Source : Guardian [Read Article] Wednesday 12th of April 2017 05:00:26 AM
.... Some lawyers involved in asset-recovery cases estimate the volume of money embezzled globally at around $1tn a year, which makes the tiny amount of money recovered look even feebler. As both a financial centre that launders an estimated £100bn a year and a prime real estate market for the investors of crooked cash, London has a special responsibility in the fight against corruption – one that it has rarely accepted. ...
The early bird Isa investor catches the best returns image
Source : Daily Express [Read Article] Wednesday 12th of April 2017 12:01:00 AM
....The sooner you invest the more time your money has to blossom and grow, so it pays to get in early. New research suggests early bird investors could be £8,500 better off than those who left it until the last possible minute, as too many do. ...
REVEALED: Map shows where in Britian has seen the BIGGEST house price growth image
Source : Daily Express [Read Article] Tuesday 11th of April 2017 03:39:00 PM
.... . "Despite currently standing in eighth place in the growth stakes, London’s global safe haven status means that its appeal among investors will continue to endure in the long term, and the recent adjustment in values means that it now offers better value for money than in previous years. ...
Toshiba warns over its survival as it forecasts £7bn losses image
Source : Guardian [Read Article] Tuesday 11th of April 2017 03:36:52 PM
....“The importance of Moorside can’t be underestimated as it is expected to generate 20,000 highly skilled jobs during its construction and when it is up and running – and also supply 7% of the UK’s electricity needs from 2025,” he said. A spokesperson for the Department for Business, Energy and Industrial Strategy said the government was talking to potential investors. ...
Government launches ‘market-leading’ savings account image
Source : Guardian [Read Article] Tuesday 11th of April 2017 03:25:30 PM
....That said, it will no doubt prove popular, particularly as some of the high-interest current accounts have had their rates slashed or conditions imposed. For example, Tesco Bank’s account pays an attractive 3% on balances of up to £3,000 and reopened to new applicants last week, but investors are now required to pay at least £750 into their account each month and have at least three direct debits paid out of the account. ...
United Airlines shares fall after passenger removal image
Source : BBC [Read Article] Tuesday 11th of April 2017 03:04:37 PM
....The recovery in the United share price came as US stocks narrowed their losses in afternoon trading. Wall Street shares were hit by investor nerves over geopolitical tensions between the US and Russia over Syria. ...
FTSE 100 takes flight after airline shares rise image
Source : BBC [Read Article] Tuesday 11th of April 2017 07:39:41 AM
High court approves £129m fine for Tesco over accounting scandal image
Source : Guardian [Read Article] Monday 10th of April 2017 06:18:16 PM
.... The ruling means that Tesco will pay out £235m to settle investigations into the 2014 accounting scandal. As well as the £129m, it has separately agreed with the Financial Conduct Authority to pay about £85m in compensation to investors affected by a trading statement on 29 August 2014 that overstated profits. ...
The new age of Ayn Rand: how she won over Trump and Silicon Valley image
Source : Guardian [Read Article] Monday 10th of April 2017 05:49:09 PM
.... When the CEO of Uber, Travis Kalanick, had to choose an avatar for his Twitter account in 2015, he opted for the cover of The Fountainhead. Peter Thiel, Facebook’s first major investor and a rare example of a man who straddles both Silicon Valley and Trumpworld, is a Randian. ...
Tesla surpasses GM to become most valuable car company in US image
Source : Guardian [Read Article] Monday 10th of April 2017 04:37:58 PM
....22bn after an upgrade by analysts at Piper Jaffray. “We have driven a Tesla for seven months in preparation for this report, and after conducting investor meetings with the company last week, we’re finally ready to take a stand,” the firm’s analysts, led by Alexander Potter, wrote in a note to investors published Monday morning. ...
Rocket launch firm blasts onto Milan stock market image
Source : BBC [Read Article] Monday 10th of April 2017 01:05:19 PM
.... . US-based SpaceX, perhaps the best known operator, has raised more than $1bn from investors. ...
FTSE 250 sets record closing high image
Source : BBC [Read Article] Monday 10th of April 2017 07:46:23 AM
....3% after hedge fund Elliott Advisors said it had sent the plan to the firm's directors. It would involve demerging BHP's US oil business and returning more money to investors. ...
BrewDog toasts £213m US private equity investment image
Source : BBC [Read Article] Sunday 9th of April 2017 02:08:58 PM
....3% stake. The deal will see about £100m paid out to the brewer's co-founders, a further £100m go into the business and the rest used to buy shares from early investors. ...
'Punk' beer maker BrewDog sells 22% of firm to private equity house image
Source : Guardian [Read Article] Sunday 9th of April 2017 01:40:17 PM
. Early investors in “punk” beer firm BrewDog will be able to bank a hefty profit this week. ...
Tesco looks to draw a line under accounting scandal image
Source : Guardian [Read Article] Sunday 9th of April 2017 06:00:00 AM
....It used to be said that Tesco was so popular that one in every eight pounds spent in the UK retail sector ended up in the supermarket’s jingling tills. Some £214m of that hard-earned money could soon be weighing down the pockets of the Serious Fraud Office, and of investors affected by its 2014 accounting scandal, in the form of fines and compensation, after a settlement agreement last month. ...

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