Visteon to exit bankruptcy

first_img Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofTortilla Mango Cups: Recipes Worth CookingFamily ProofNew England Patriots’ Cam Newton says no extra motivation from Mac Jones’SportsnautBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family Proof KCS-content Tuesday 31 August 2010 7:58 pm Former Ford unit Visteon yesterday received court approval for its bankruptcy reorganisation, ending a 15-month fight among hedge funds, lenders and an industry giant for a piece of the revived auto parts maker. Visteon overcame objections about the treatment of retiree benefits and the way big-money shareholders, but not individual shareholders, were given the right to buy stock in the reorganised company. The former Ford unit that makes air conditioning and electronics systems exits bankruptcy under the control of bondholders, who were owed about $870m (£567.4m). Share whatsappcenter_img Tags: NULL Visteon to exit bankruptcy whatsapp by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeNoteabley25 Funny Notes Written By StrangersNoteableyTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBetterBe20 Stunning Female AthletesBetterBemoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comLuxury SUVs | Search AdsThese Cars Are So Loaded It’s Hard to Believe They’re So CheapLuxury SUVs | Search AdsAll Things Auto | Search AdsNew Cadillac’s Finally On SaleAll Things Auto | Search Adsautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.com Show Comments ▼last_img read more

Read More →

Goldman leads M&A tables

first_img KCS-content Share More From Our Partners I blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.org GOLDMAN Sachs is the most sought after financial adviser globally on merger and acquisitions, after landing a role on three mammoth takeover deals last month. The Wall Street giant pushed its way to the top of Thomson Reuters’ M&A adviser rankings after taking a pole position on the highest valued deals since January.In that period, Goldmans advised on the lion’s share of mega-value deals after snapping up roles on 234 transactions worth $373.6bn (£242.5bn).Goldman, along with rivals JP Morgan, advised on BHP Billiton’s $43bn takeover of Canadian owned PotashCorp, which was last month’s largest deal.JP Morgan also pushed up the rankings into second place as the bank advised on 202 deals valued at $336.1bn during the first eight months of the year. Both firms scored top roles on Power International’s $25bn merger with GDF Suez Energy and Sanofi-Aventis’ $18bn bid for Genzyme, edging the two banks past rival Morgan Stanley for the top global spot.Despite advising on 23 more deals than Goldmans, Morgan Stanley fell from the top spot for the first time in seven months to third place after advising on 257 transactions worth $316.8bn.Meanwhile, August marked a record month for high value deals after worldwide M&A activity totalled $267.2bn, the biggest since 1999 when $274.9bn in deals were completed.During the same period last year, roughly $127bn in deals were penned as the financial crisis took its toll on confidence amongst the world’s top companies. Tags: NULL Thursday 2 September 2010 8:38 pm Goldman leads M&A tables Show Comments ▼ whatsapp whatsapplast_img read more

Read More →

Government retirement ideas slated

first_img whatsapp whatsapp Sunday 26 September 2010 10:01 pm KCS-content by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastNoteabley25 Funny Notes Written By StrangersNoteableyMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBemoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.com Share THE Institute of Directors (IoD) has criticised government proposals to abolish the default retirement age (DRA) of 65 saying the proposals will make it harder to create jobs.The government is currently consulting on plans to scrap the DRA in October 2011 arguing many older people are forced into retirement. But the IoD said yesterday a better option would be to raise the DRA progressively in line with both the rise in life expectancy and the national state pension age. It said if the DRA were abolished, employers would be forced to sack underperforming staff rather than let them retire leading to a lengthy and expensive dismissal process. It would also mean management time was diverted away from growing businesses and jobs into fighting claims of unfair dismissal. Small firms without a human resources (HR) department would feel under pressure to live with underperforming staff over the age of 65, it added, which would have a damaging effect on business performance and deny promotion opportunities to higher performing staff. Moreover, bigger companies knowing they could no longer rely on the DRA to retire staff at 65 would instead concentrate on removing them by means of performance critieria earlier, meaning most people would effectively be retired at the age of 60.Miles Templeman, director-general of the IoD said the government’s proposal to abolish the DRA showed ministers were not interested in supporting the business community. “Removing the DRA, which gives employers flexibility in managing employees, is incompatible with the government’s stated desire to boost enterprise and create new jobs. In this era of high unemployment the government should be making it easier for businesses to employ people, not harder,” Templeton added.But pensions expert Dr Ros Altman accused the IoD of “living in the dark ages.” She said: “We all know age discrimination is a real problem in the workplace. In this day and age people are not old at 50 or 60 anymore. All the proposals mean is that if employers want to get rid of their older employees they will have to justify doing so on the basis of their performance in the same way as they would have to a 40-year old. It’s not a good enough reason to simply get rid of someone because they have reached the age of 65.” Show Comments ▼ Government retirement ideas slated Tags: NULLlast_img read more

Read More →

Murdoch hails spending cuts

first_img whatsapp whatsapp Murdoch hails spending cuts Media magnate Rupert Murdoch last night called for Britain’s coalition government to press ahead with deep cuts in public spending, saying the financial crisis should not lead to an assault on economic liberalism.Delivering a lecture in honour of Margaret Thatcher, the News Corp chief executive exhorted the government to follow the example set by the former British Prime Minister to ensure British businesses could compete on the global stage.His lecture came a day after the coalition government, made up of Prime Minister David Cameron’s centre-right Conservatives and centrist Liberal Democrats, announced £81bn of spending cuts to address a budget deficit of 11 per cent of GDP. “So, like the lady, the coalition must not be for turning,”Murdoch said, echoing a famous speech made by Thatcher who led Britain for 11 years from 1979. “The financial crisis was a shock to the system. While the effects linger, it must not be used as an excuse by governments to roll back economic freedom.”Thatcher, unable to attend the event herself as she was in hospital after a bout of flu, advocated free market policies, private enterprise, thrift and self-reliance. Share Thursday 21 October 2010 9:10 pmcenter_img Tags: NULL Video Carousel – cityam_native_carousel – 426 00:00/00:50 LIVERead More Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryUndoTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastUndoNoteabley25 Funny Notes Written By StrangersNoteableyUndoMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUndoSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesUndoBrake For ItThe Most Worthless Cars Ever MadeBrake For ItUndoBetterBe20 Stunning Female AthletesBetterBeUndomoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comUndoMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesUndo Show Comments ▼ Read This NextThe Truth About Bottled Water – Get the Facts on Drinking Bottled WaterGayotRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe WrapNewsmax Rejected Matt Gaetz When Congressman ‘Reached Out’ for a JobThe Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The Wrap KCS-content last_img read more

Read More →

Train ticket prices to rise in 2011

first_img whatsapp Tuesday 23 November 2010 9:09 pm by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesNoteabley25 Funny Notes Written By StrangersNoteableyWanderoamIdentical Twins Marry Identical Twins – But Then The Doctor Says, “STOP”WanderoamZen HeraldNASA’s Voyager 2 Has Entered Deep Space – And It Brought Scientists To Their KneesZen HeraldMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesElite HeraldExperts Discover Girl Born From Two Different SpeciesElite Herald whatsapp More From Our Partners A ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgWhy people are finding dryer sheets in their mailboxesnypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.com KCS-content Show Comments ▼center_img Tags: NULL Rail companies said fares will rise by an average of 6.2 per cent in January, nearly twice the rate of inflation. Passengers using Southeastern and Southern trains will be hardest hit, with a 7.8 per cent average fare rise. Unions were quick to denounce the price jump, with TSSA leader Gerry Doherty calling the rises “simply outrageous”. However Association of Train Operating Companies chief executive Michael Roberts said the taxpayer would still foot the bill for around half the cost of running the UK rail network. Train ticket prices to rise in 2011 Share last_img read more

Read More →

Rio Tinto in £2.2bn move for Riversdale

first_img Rio Tinto in £2.2bn move for Riversdale whatsapp Show Comments ▼ Monday 6 December 2010 4:46 am Anglo-Australian miner Rio Tinto made a $3.5bn (£2.2bn) bid approach for Africa-focussed Riversdale Mining, sending the target firm’s shares surging 16 per cent and setting up a potential takeover battle.Rio’s move on Australia’s Riversdale is likely to spark a bidding war, as the company has hard coking-coal projects in Mozambique that could eventually supply 5-10 per cent of the global market for the key steel-making material.Brazil’s Vale is seen by analysts as the most likely rival bidder, as it already has coal mines nearby in Mozambique. India’s Tata Steel, Riversdale’s top shareholder, was also seen as a potential bidder.Xstrata, Anglo American and Peabody Energy could also be interested. Top coking-coal exporter BHP Billiton is seen as a less likely contender, as it has its own growth options in Australia.The company’s fourth-biggest shareholder, Australian investment firm LinQ Management, expects Riversdale to be hotly contested, given the scarcity of good quality coking-coal assets and booming demand from China and India for the commodity.“It’s in a good part of the world for accessibility, and we think there’s plenty of further upside for whoever’s interested in buying it. Hopefully there will be other interested suitors coming to the table,” LinQ Managing Director Clive Donner said.Riversdale confirmed media reports that Rio was talking about an offer around A$15 a share for Riversdale, which would value the group at A$3.5bn (£2.2bn), only a six per cent premium on Riversdale’s close on 3 December. Riversdale also hinted that it was talking to others.“While discussions with Rio Tinto are ongoing, there is no certainty that Rio Tinto or any other party will proceed with any proposal for the acquisition of Riversdale,” Riversdale said.Rio Tinto declined to comment on Riversdale’s statement. The smaller miner’s shares hit a high of A$16.41 on Monday, its biggest one-day gain in more than two years. They ended up 15.7 per cent at A$16.31.UBS is advising Riversdale, and Macquarie is advising Rio Tinto.A deal would mark Rio Tinto’s first significant acquisition since its badly timed $38 billion takeover of Alcan at the height of the commodities boom in 2007, which forced it to sell more than $13 billion worth of assets to help slash debt. whatsappcenter_img John Dunne Share Tags: NULLlast_img read more

Read More →

BEST OF THE BROKERS

first_img EASYJETMorgan Stanley rates the airline “equal-weight” with a target price of 510p. The broker hopes to see evidence of the firm’s recent operational shake-up for the rest of the financial year, starting with an interim management statement on 20 January. It believes EasyJet can double its earnings per share in 2011 simply by removing one-off costs.ROLLS ROYCECitigroup rates the engineering firm “buy” with an upgraded target price of 760p following recent share underperformance. The broker has raised its earnings per share estimates, excluding the effect of the Trent 900 engine problems, to reflect a faster-than-expected recovery in civil aerospace. It expects 2012 earnings per share of 54.14p.LADBROKESGoldman Sachs rates the gambling group “sell” with a six-month target price of 125p. The broker believes that a reported transaction with 888 would increase Ladbrokes’ scale online and would broaden its geographical exposure, but would not deliver an improvement in its key sportsbook sales. It remains bearish on the firm in light of the uncertain outlook for UK retail. BEST OF THE BROKERS Show Comments ▼ whatsapp Tuesday 21 December 2010 8:16 pm Share by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBeMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldHealthyGem”My 600-lb Life” Star Dropped 420 Pounds, See Her NowHealthyGemcenter_img whatsapp KCS-content Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofChicken Bao: Delicious Recipes Worth CookingFamily ProofCheese Crostini: Delicious Recipes Worth CookingFamily ProofHomemade Tomato Soup: Delicious Recipes Worth CookingFamily Proof Tags: NULLlast_img read more

Read More →

CITY MOVES | WHO’S SWITCHING JOBS

first_img Share Show Comments ▼ whatsapp whatsapp Tags: NULL Tuesday 4 January 2011 7:15 pmcenter_img KCS-content by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeDirect HealthyAfter Weight Loss: Take A Look At Kevin James NowDirect HealthyalldelishHere is what happens to your body when you start eating 2 eggs every dayalldelishElite HeraldJoe DiMaggio’s Mob Ties Will Totally Transform Your Opinion Of The StarElite HeraldBridesBlush14 Of The Most Beautiful Women In HistoryBridesBlushParenting FactorLily From The AT&T Ads Is Causing A Stir For One ReasonParenting FactorIkaria BeautyThe Best Lifting Face Method At Home (Only 20 Seconds)Ikaria BeautySee What Full Mouth Dental Implants May Cost You | Sponsored ListingsSee what full mouth dental implants may cost you in ScottsdaleSee What Full Mouth Dental Implants May Cost You | Sponsored ListingsLuxury SUVs | Search AdsThese Cars Are So Loaded It’s Hard to Believe They’re So CheapLuxury SUVs | Search AdsArticles VallyTom Selleck’s Life After Magnum P.I. RevealedArticles Vally PricewaterhouseCoopersPwC has appointed a new technology leader in the UK: Jass Sarai. He will be replacing Barry Murphy, who has been the company’s technology leader in Britain for the last two years. Sarai has worked on the technology sector for the last decade, having joined PwC straight from university, and will now be responsible for leading the analysis of new opportunities in the sector for the company’s clients. He has worked in Birmingham, the US and now London.RBC Capital MarketsThe corporate and investment banking arm of the Royal Bank of Canada has made a new appointment, hiring Carlo Mareels as a director and senior financials credit analyst in its European credit research team. He will report to Roger Appleyard and will be based on London. He joins the company with over a decade’s experience in the financials industry. Most recently, he has worked at HSBC, covering European banks and previously he worked at Morgan Stanley.J O Hambro Capital ManagementThe boutique investment firm has added two new European equity fund managers, Trygve Toraasen and Carlos Moreno, ahead of the launch of its European dynamic growth fund next month. Both recruits come from Thams River Capital, where they were managing an equivalent fund focused on dynamic growth in European region. Toraasen has also worked at Fidelity for 14 years, while Moreno worked there for 15 years, rising from research analyst to fund manager.Electra Private EquityElectra has appointed a new non-executive director: Geoffrey Cullinan. He has previously been a director at Bain & Company from 1997 to 2005 and founded their private equity business in Europe. Cullinan has also been a chief executive of Hamleys and a non-exec of Datamonitor. He also co-founded OC&C Strategy Consultants in 1986.National Institute of Economic and Social ResearchThe NIESR has appointed a new director: Jonathan Portes, currently chief economist at the Cabinet Office. He will take over on 1 February. He replaces Martin Weale, who has been appointed to the Bank of England’s Monetary Policy Committee.Ascent ResourcesThe AIM-listed oil and gas firm has appointed Scott Richardson Brown as a full-time executive finance director. He replaces Simon Cunningham, who is moving to Australia. CITY MOVES | WHO’S SWITCHING JOBS More From Our Partners Police Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgLA news reporter doesn’t seem to recognize actor Mark Currythegrio.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgMan on bail for murder arrested after pet tiger escapes Houston homethegrio.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgFort Bragg soldier accused of killing another servicewoman over exthegrio.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comPorsha Williams engaged to ex-husband of ‘RHOA’ co-star Falynn Guobadiathegrio.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comColin Kaepernick to publish book on abolishing the policethegrio.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comFans call out hypocrisy as Tebow returns to NFL while Kaepernick is still outthegrio.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comKansas coach fired for using N-word toward Black playerthegrio.comSidney Crosby, Alex Ovechkin are graying and frayingnypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comlast_img read more

Read More →

ECONOMISTS’ VIEWS: WILL THE BANK RAISE INTEREST RATES THIS WEEK?

first_img Show Comments ▼ Tags: NULL by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryPeople TodayNewborn’s Strange Behavior Troubles Mom, 40 Years Later She Finds The Reason Behind ItPeople TodayMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastZen HeraldNASA’s Voyager 2 Has Entered Deep Space – And It Brought Scientists To Their KneesZen HeraldSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItWanderoamIdentical Twins Marry Identical Twins – But Then The Doctor Says, “STOP”WanderoamBetterBe20 Stunning Female AthletesBetterBe Share PHILIP SHAW | INVESTEC“A rate rise is possible, but unlikely. For rates to rise, the two existing ‘hawks’ would need to be joined by Tucker, Dale and Miles. This is possible, but it seems more likely that the Bank rate will remain at 0.5 per cent this time.”GEOFFREY WOOD | CASS BUSINESS SCHOOL“The MPC should have raised interest rates a long time ago, but inflation has become far too high and vulnerable to price shocks. A modest increase would tackle inflation expectations. The Bank’s credibility is seriously at risk.”HOWARD ARCHER | IHS GLOBAL INSIGHT“The odds still significantly favour the Bank holding fire on interest rates in the very near term. Nevertheless, it is far from inconceivable that they could raise interest rates at the February meeting this Thursday.” More From Our Partners A ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgUK teen died on school trip after teachers allegedly refused her pleasnypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.org980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgMark Eaton, former NBA All-Star, dead at 64nypost.com Sunday 6 February 2011 10:26 pmcenter_img whatsapp whatsapp ECONOMISTS’ VIEWS: WILL THE BANK RAISE INTEREST RATES THIS WEEK? KCS-content last_img read more

Read More →

St Modwen returns to profit on rising rents in regional properties

first_img Share ST MODWEN Properties swung back into annual profit and net asset growth yesterday, and pledged to pay shareholders their first final dividend in two years. Pre-tax profit at the firm, which specialises in brownfield sites around England, was £37.5m for the year, compared to a £119.4m loss in 2009. St Modwen’s property values rose three per cent to £1.1bn in the year to 30 November. Vacancy levels in the firm’s properties have also dropped from 17 to 12 per cent. “Despite some of the gloomier forecasts to the contrary, we have also continued to benefit from the relative resilience of our occupier markets, underpinned by our own focus on specific active asset management initiatives,” the company said. KCS-content More From Our Partners Astounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.com‘The Love Boat’ captain Gavin MacLeod dies at 90nypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comMark Eaton, former NBA All-Star, dead at 64nypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.com by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastZen HeraldNASA’s Voyager 2 Has Entered Deep Space – And It Brought Scientists To Their KneesZen HeraldSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItWanderoamIdentical Twins Marry Identical Twins – But Then The Doctor Says, “STOP”WanderoamBetterBe20 Stunning Female AthletesBetterBeautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.com whatsappcenter_img Show Comments ▼ Monday 7 February 2011 9:02 pm St Modwen returns to profit on rising rents in regional properties whatsapp Tags: NULLlast_img read more

Read More →