Hints and tips:
...Dressed in a white suit with the “Om” symbol embroidered on the lapels, he was joined by a 15-piece band and horn section, plus six backing vocalists....
...Those concerns have weighed om indices around the world, with European stocks headed lower for a second day on Friday following a weak day in Asian markets....
...Yet the proportion of women on corporate boards and in the C-suite remains distressingly low. When Emma Walmsley takes over at GlaxoSmithKline, the FTSE 100 will have seven female chief executives....
...Old Mutual added US asset management and UK retail savings to South African bancassurance to create a structure few investors understood and fewer wanted to invest in....
...The stadium’s snack bars and club merchandise weren’t entirely under OM’s control. Tapie made his plan: “Give them pleasure. If you have results at OM, you are adored....
...The merger “significantly undervalued” Samsung C&T and was “not in the best interests of shareholders”, said Elliott....
...• Andrew Jones has moved to F&C Investments as director of consultant relations. He joined F&C, part of BMO Global Asset Management, from Insight Investments....
...Ms Chan joins from Oppenheimer, the US financial services group....
...● Steve Ilot, formerly a partner at Alignment Investors, has joined F&C Investments as head of multi-strategy investments in its institutional business....
...Rig services group Hunting eased 4.5 per cent to 792½p as the weakness in US gas prices led Liberum Securities to downgrade it....
...National Grid was among the top performers on Wednesday amid renewed talk that it could sell or spin off its US division....
...Harbinger has hired outside expertise in the form of Leland C. Launer Jr, former chief investment officer of MetLife, to run the business....
...Spin-offs are also anticipated at Fiat Auto, ING investment management, Santander’s UK business, the US asset management arm of Old Mutual, Pirelli Real Estate and Taylor Wimpey’s US business....
...Among the mid-caps, Game Group rose 3.5 per cent to 100p as Collins Stewart issued “buy” advice based on results from US peer Gamestop....
...Javier Cabrerizo, Madrid OM: The US will likely need to adopt a combination of restrained consumption and increased net exports....
...Henderson Group rose 3.6 per cent to 132p and F&C Asset Management took on 1.5 per cent to 63½p ahead of results due this morning....
...Deutsche Bank, after hosting C&W’s US investor tour, said plans to demerge the group’s Worldwide division were “highly advanced” last autumn and could be restarted at short notice....
...But F&C Asset Management tumbled 21.1 per cent to 60¾p. Traders pinned the move on profit taking after a recent strong run. F&C shares started the month at 54p....
...Autonomy was among the casualties on Friday as doubts about the US bail-out plan sent the London market into reverse....
...“It’s a cocktail,” says C.B. Upasani, of the Jyoti Om Chemical Research Centre as he surveys the shimmering, chimney-lined horizon from the top of a landfill site on the edge of the estate....
...radio show This Week in Tech or TWIT is one of the biggest podcast downloads on iTunes and enjoys its success thanks to the banter of tech hacks that are real characters – people like Leo Laporte and John C....
...C&W will also seek £50m of cost reductions by reducing network costs....
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