No drama at RSA AGM
14th May 2012 14:21
All resolutions were passed at the annual general meeting (AGMs) of the insurance group RSA, including the vote on the remuneration report. Around 6.4% of the votes cast were opposed to the remuneration report which, in the light of recent protest votes at AGMs, counts as a relatively mild protest.
Read moreAlmost half of UBM shareholders refuse to back director pay
14th May 2012 08:10
A third of UBM shareholders have voted against plans for executive pay at the firm, making it the latest in a growing list of big firms to suffer backlashes against their remuneration reports. At the global media company's annual general meeting 36% of shareholders, representing 55.5m shares, voted
Read moreBritish Gas owner Centrica feels cold blast from critics
11th May 2012 15:28
Although the City pages of Saturday's papers may focus on Centrica's trading patterns, outlined in a statement issued on Friday, the front page news is likely to be the energy provider's thinly veiled warning that fuel bills are set to go up later this year. Centrica, which provides energy under th
Read moreShareholder spring slays Pendragon
11th May 2012 09:16
Inspired by the courageous revolutions in North Africa and the Middle East, British investors have been casting off the shackles of domination and casting votes against excessive executive pay awards Well, that's the idea anyway, although it is worth noting that votes on remuneration reports are on
Read moreTrinity Mirror rockets on possible route to salvation
10th May 2012 11:35
Trinity Mirror surged in morning trading after revealing progress in ending its dependence on the 'burning platform' of newspapers - even as Chief Executive Sly Bailey prepares to leave. On the surface, its latest update looks like bad news with advertising revenue from its network of national and
Read moreTrinity Mirror boss leaves on the sly
4th May 2012 09:52
Sly Bailey, one of the highest profile British Chief Executives of the last decade, is to leave her post as boss of Trinity Mirror after bearing the brunt of shareholder anger over pay. In a statement released on Thursday night after the stock market had closed Trinity said Bailey had handed in her
Read moreFriday newspaper round-up: RBS, Horizon, Italy
4th May 2012 07:01
Royal Bank of Scotland will on Friday confirm it has all but repaid the £163bn in emergency loans it received from British and US taxpayers during the financial crisis. The part-nationalised lender, which is 82pc state-owned following a £45bn taxpayer bailout, will complete the loan repayments next
Read moreExperian Chairman sells shares and donates proceeds to charity
29th Mar 2012 15:38
Sir John Peace, the Chairman of Experian, the FTSE 100 information services firm, sold 12,633 shares in the firm and gave the proceeds to charity. Peace sold the shares at 990p each for a total of £125,067. "In addition, Sir John made an off-market gift of 5,015 Shares to charity for nil considera
Read moreSmall caps round-up: HMV, Corero, ANGLE ...
15th Mar 2012 12:06
HMV Group, the struggling entertainment media seller, has confirmed that it is still pondering what to do with its live music business. HMV added that a number of parties have indicated an interest in acquiring the business. There has been press speculation recently about who might be interested in
Read moreMonday newspaper round-up: GKN, IAG, Trinity Mirror
12th Mar 2012 06:29
Britain's manufacturing industry could receive a shot in the arm if the British engineering group GKN succeeds in a planned swoop on Sweden's largest aerospace company that could value it at up to £800m. Although sources close to the talks say a deal is not imminent, GKN is now the clear frontrunner
Read moreWednesday broker round-up - UPDATE
16th Nov 2011 09:44
Michael Page: HSBC upgrades to overweight from neutral. Reckitt Banckiser: Citi reiterates buy. Cairn Energy: Societe Generale initiates at buy. Royal Bank of Scotland: AlphaValue downgraded to add from buy yesterday and lowered the price target to £24.60from £29.80. ARM Holdings: UBS raises t
Read moreLondon close: Stocks soar as outlook brightens
12th Aug 2011 16:40
Stocks were posting meaty gains heading into the weekend after four Eurozone countries banned short-selling banking stocks and strong retail sales in the US. France, Italy, Spain and Belgium have banned short-selling of financial stocks in an attempt to prevent further slides in banking stocks' sha
Read moreBroker tips: Shire, Premier Oil, Trinity Mirror
12th Aug 2011 12:58
UBS has upgraded its rating on pharmaceutical firm Shire from neutral to buy, saying that the recent retreat in the share price is an "ideal buying opportunity". "We upgrade to buy from neutral, as we believe consensus 2013E EPS [earnings per share] is too low, mostly on overly cautious prospects
Read moreBroker snap: Prime Markets maintains buy on Trinity Mirror
12th Aug 2011 12:57
Prime Markets has reiterated its buy rating on newspaper publisher Trinity Mirror after the News of the World demise boosted Sunday paper sales. The publisher of the Sunday Mirror and the People revealed its half-year results on Friday that revealed that it has benefited from the decision by rival
Read moreLondon midday: Stocks give up weak start
12th Aug 2011 12:25
London's leading share index is posting strong gains now, in line with mainland European bourses following the short selling ban. France, Italy, Spain and Belgium have banned short-selling of financial stocks in an attempt to prevent further slides in banking stocks' share prices. Barclays and oth
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