Monday, 24th November 2014

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News & Reports

Galliard Homes forms JV with group of US businessmen

Sun 23rd Nov 14, 15:05:07

A group of US businessmen has formed a joint venture with London developer Galliard Homes to build 1bn-worth of residential properties across the suburbs of the capital.

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Today's Market Reports

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Sunday newspaper round-up: Aviva-Friends Life, Coutts, Quindell

Clive Cowdery, whose Resolution acquisition vehicle bought Friends Provident in 2009, will make about 160m from Aviva's takeover of Friends Life, the Sunday Times said. The roles of chairman, chief executive and finance director at the combined company will go to the Aviva incumbents, according to the Sunday Telegraph. Aviva is trying to persuade its own shareholders about the wisdom of the deal, the Mail on Sunday said. 7 hours ago

Savoy sales and profits drop nearly 3%

The Savoy hotel in London saw sales and profits plummet last year by almost 3% to 58.5m. 8 hours ago

Four Seasons considers options as debt mounts and earnings fall

UK care home group Four Seasons has appointed Blackstone Advisory Partners to assess its options amid reports the company's owner, Terra Firma, is looking at new avenues to tackle sliding earnings and mounting debts. 7 hours ago

Telecom group to launch attack on BT broadband 'monopoly'

A group of telecom firms have reportedly banded together to denounce the market "monopoly" held by BT. 9 hours ago

Sunday share tips: Centrica, Concha, UDG Healthcare

Investors should avoid Centrica shares, Questor advised in the Sunday Telegraph. The British Gas owner has been hit by political uncertainty following Labour leader Ed Miliband's pledge to freeze energy prices, as well as warmer weather and falling oil prices at its exploration business. After three profit warnings in the past year the dividend is starting to look shaky, especially as political pressure makes it hard to cut capital spending. Shareholders are exposed to dividend cuts, a falling share price and the prospect of debt costs rising. 8 hours ago

UK has tried and failed to reduce immigration to 'tens of thousands', says home secretary

The government has failed to reduce net migration down to the targeted tens of thousands despite best efforts, according to Home Secretary Theresa May. 9 hours ago

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Disclaimer: This news feed is provided by Digital Look Ltd. BullBearings Ltd do not necessarily share the views expressed within the stories. The stories are for general information purposes only and not a solicitation or personal reccomendation to deal. BullBearings Ltd accepts no liability or responsibility for any of the content contained in the information provided by Digital Look Ltd.

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