Hints and tips:
...“Clearly you’re not going to turn all 2.5bn people playing games today into console owners . . . You need to look at the devices that people already have.”...
...“Everything old in the US exchange industry is new again,” says Spencer Mindlin, an analyst at Aite Group....
...Yields on 10-year US Treasuries were down 2 basis points at 2.535 per cent on Thursday....
...Its current share price of $2 would imply that Canaccord Genuity can issue 46.5m of additional shares ATM....
...Quicksilver Resources, a Texas-based gas producer, went into Chapter 11 bankruptcy protection last year with about $2.4bn of debt....
...At lunchtime Hong Kong’s Hang Seng was up 0.3 per cent, Australia’s S&P/ASX 200 was down 0.2 per cent and Japan’s Nikkei 225 was down 2.3 per cent....
...This all happened by 10am local time… At lunchtime Hong Kong’s Hang Seng was down 2.4 per cent, Australia’s S&P/ASX 200 was down 2.2 per cent and Japan’s Nikkei 225 was down 1.7 per cent....
...Phil Spencer: In a slight change from last year’s format, in this new series we are helping banks find their dream homes....
...“I think it will be political suicide for them to oppose it but they need to save face,” says Spencer Mindlin, an analyst at Aite Group, a financial markets consultancy....
...Although it boasts only a modest 2 per cent share of daily US equity trading, IEX, headed by Brad Katsuyama, is making good on its vow to shake up the status quo and challenge the business model that underpins...
...Both Apollo and Capita have until November 2 to make a firm offer for Xchanging under UK takeover rules....
...Credit Suisse estimated that the intraday volume on the main NYSE exchange dwindles to less than 2 per cent of the overall market....
...Marks and Spencer added 2.2 per cent to 480.6p, Sports Direct gained 1.9 per cent to 698p and Next rose 1.4 per cent to £63.20. The BRC said Furniture and Flooring was the best performing category....
...Weekend headlines from the FT and other UK media:* From The FT, - Marks and Spencer will next week seek to put recent poor trading and management turmoil behind it, when it unveils one of its biggest and...
...It sold the business to Albertsons for $2.5bn in 2004, as it sought to turn round the fortunes of the core UK chain....
...The search process, being run by Spencer Stuart, should conclude before the year-end and a replacement is expected to start before then....
...Shares in Carrefour closed up 1.2 per cent at €17 on Friday....
...Morgan Commodity ETF Services LLC originally lodged its Physical Copper Trust prospectus in October and has refiled amended versions a further five times, the last in July....
...Premier, which has appointed headhunters Spencer Stuart to lead the search that will be launched both externally and internally, has spent much of the past year de-leveraging its balance sheet and is now...
...“The board feels that we have been very responsive,’’ said Spencer Abraham, chairman of the compensation committee....
...The last options expiry of the year meant volumes across the wider market were up on recent levels, but the FTSE still ended down 0.2 per cent, or 9.37 points, to 5,871.75....
...Marks and Spencer recently started selling branded products in its food stores after sales of its own-label goods declined....
...Marks and Spencer was down 0.7 per cent to 399p, while Debenhams fell 2.8 per cent at 81¾p....
...However, sales of chilled ready meals, of which Marks and Spencer is a significant customer for Premier, had weakened as the recession worsened....
...Liberty International was off 5.4 per cent to 655p and Land Securities fell 2.5 per cent to £11.04. Hammerson slid 2.2 per cent to 699p....
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