London midday: Good day in light trading
16th Jul 2010 12:16
London's blue chips are having a good day, largely on the back of BP shares' enthusiastic response to the better news coming out of the Gulf of Mexico. BP yesterday succeeded in stopping the flow of oil pouring into the Gulf of Mexico for the first time in three months. The shutdown is part of an "
Read moreLondon open: BP leads market higher
16th Jul 2010 08:51
London's top stocks have opened higher as BP again leads the way on optimism over its efforts to cap the well in the Gulf of Mexico. BP yesterday succeeded in stopping the flow of oil pouring into the Gulf of Mexico for the first time in three months. The shutdown is part of an "integrity test" to
Read moreMARKET TALK: Sage's NEW CEO Signals Static Strategy
16th Jul 2010 08:09
0709 GMT [Dow Jones] Sage's (SGE.LN) promotion of its Europe and Asia boss, Guy Berruyer to the position of CEO, is a "strong appointment," and signals an unchanged strategy, Piper Jaffray says. "He brings significant experience, with a strong track record and we believe this confirms our existing v
Read moreUK MARKET TALK ROUNDUP: BROKERS COMMENTS
16th Jul 2010 08:09
Broker comments in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 0709 GMT [Dow Jones] Sage's (SGE.LN) promotion of its Europe and Asia boss, Guy Berruyer to the position of CEO, is a "strong
Read moreUPDATE: Sage Appoints European, Asian Boss Berruyer As CEO
16th Jul 2010 08:00
(Adds analyst comments) By Lilly Vitorovich Of DOW JONES NEWSWIRES LONDON (Dow Jones)--Sage Group PLC (SGE.LN) Friday appointed its European and Asian boss Guy Berruyer as its new chief executive to succeed Paul Walker, who has been at the helm of the U.K.'s biggest software firm for 16
Read moreMARKET TALK: New Sage CEO Has International Expertise
16th Jul 2010 07:41
0641 GMT [Dow Jones] Sage's (SGE.LN) appointment of its European and Asia boss Guy Berruyer as its new CEO is good news, with Panmure Gordon analyst George O'Connor noting he has "international expertise, an industry background, has built an impressive business in Europe and is steeped in the Sage a
Read moreUK MARKET TALK ROUNDUP: BROKERS COMMENTS
16th Jul 2010 07:41
Broker comments in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 0641 GMT [Dow Jones] Sage's (SGE.LN) appointment of its European and Asia boss Guy Berruyer as its new CEO is good news, with
Read moreLondon pre-open: Gains ahead
16th Jul 2010 07:32
London's top stocks look set to open slightly higher, with traders expecting Footsie to add about 15 points early on. Talks to sell Candover to a Candian pension fund have collapsed, leaving the future of the struggling private equity group even more uncertain. Alberta Investment Management approac
Read moreSage Appoints European, Asian Boss Berruyer As CEO
16th Jul 2010 07:27
By Lilly Vitorovich Of DOW JONES NEWSWIRES LONDON (Dow Jones)--Sage Group PLC (SGE.LN) Friday appointed its European and Asian boss Guy Berruyer as its new chief executive to succeed Paul Walker, who has been at the helm of the U.K.'s biggest software firm for 16 years. Berruyer, 59, jo
Read moreSage promotes Berruyer to top job
16th Jul 2010 07:01
Accountancy software provider Sage has named Guy Berruyer, currently head of its mainland Europe & Asia operations, as the man to take over from chief executive Paul Walker. The 59-year-old Frenchman has spent 13 years at the firm, joining to run its operations in France in 1997. He made it to the
Read moreFriday newspaper round-up: Goldman Sachs, BP, Sage
16th Jul 2010 06:39
Goldman Sachs has agreed to pay $550 million to settle charges that the Wall Street bank tricked investors into buying a toxic mortgage product during the housing boom. The payout includes $100 million to Royal Bank of Scotland, the Times reports. As part of the settlement, Goldman acknowledged tha
Read moreSage To Appoint Guy Berruyer As New CEO - Financial Times
16th Jul 2010 06:31
LONDON (Dow Jones)--Sage PLC (SGE.LN), one of the U.K.'s largest software companies, is poised to appoint Guy Berruyer as chief executive to replace Paul Walker, who is stepping down after 16 years, reports the Financial Times Friday, without citing sources. Berruyer, a 59-year-old French nation
Read moreUPDATE: Advent Out Of Bain Capital's TeamSystem Auction -Source
15th Jul 2010 17:29
(Adds detail) By Marietta Cauchi and Jessica Hodgson Of DOW JONES NEWSWIRES LONDON (Dow Jones)--Advent International is out of the auction for TeamSystem SpA, the Italian software company being sold by U.S. private equity firm Bain Capital LLC, a person familiar with the company told Dow J
Read moreAdvent Out Of Auction For Bain Capital's TeamSystem - Source
15th Jul 2010 12:52
By Marietta Cauchi and Jessica Hodgson Of DOW JONES NEWSWIRES LONDON (Dow Jones)--Advent International is out of the auction for TeamSystem SpA, the Italian software company being sold by U.S. private equity firm Bain Capital LLC, a person familiar with the company told Dow Jones Newswires
Read moreMARKET TALK: WestLB Upgrades Sage To Buy From Add
7th Jul 2010 09:16
0816 GMT [Dow Jones] WestLB upgrades Sage Group (SGE.LN) to buy from add, "to reflect greater mathematical upside but also to highlight the fact that we believe this company to be defensive and cheap." Notes cash flow has been excellent, with a free cash flow yield of nearly 10%. Says with a change
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