first_img VW to make Browning US boss whatsapp Tags: NULL Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily 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 ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofTortilla Mango Cups: Recipes Worth CookingFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family ProofCheese Crostini: Delicious Recipes Worth CookingFamily Proof whatsapp Automaker Volkswagen (VW) will name former General Motors and Ford manager Jonathan Browning to head its US operations as early as today, a company source said. Browning joined VW in June and is in charge of the car manufacturer’s national sales companies worldwide. Sunday 12 September 2010 10:20 pmcenter_img Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUndoNoteabley25 Funny Notes Written By StrangersNoteableyUndoThe Sports DropForgotten College Basketball Stars: Where Are They Now?The Sports DropUndoBetterBe20 Stunning Female AthletesBetterBeUndomoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comUndoMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesUndoautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comUndoElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldUndoTaco RelishOnly People With An IQ Of 130 Can Name These ItemsTaco RelishUndo Share Show Comments ▼ KCS-content last_img read more

Court drama over EMI deal

first_img Show Comments ▼ 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 Famous, Now She Works In {State}MoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldZen HeraldThe Truth About Why ’40s Actor John Wayne Didn’t Serve In WWII Has Come To LightZen Heraldmoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island Farm KCS-content Tuesday 26 October 2010 8:49 pm Court drama over EMI deal whatsapp center_img whatsapp Read This NextRicky 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 Wrap’Sex and the City’ Sequel Series at HBO Max Adds 4 More ReturningThe Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The Wrap CITIGROUP banker David Wormsley yesterday testified that he could not remember specifics of any of the phone calls that are at the heart of a civil fraud trial over Terra Firma private equity chief Guy Hands’s $6.4bn (£4.2bn) purchase of EMI in 2007.In the first full day of court battle between the two former friends, Wormsley also told the US District Court jury that Hands had misrepresented him to EMI during the bidding for the music company.The banker also denied advising Hands to bid high, an assertion made by Terra Firma in suing the bank in December 2009 for fraud and seeking up to $8bn in damages.“I don’t remember any of the calls specifically,” soft-spoken Wormsley said. “I remember speaking to him over the weekend on the subject of financing.”Hands has testified that Wormsley, 50, had lied to him in three phone calls on the weekend of May 18-20, 2007 about a rival bid for EMI from Cerberus Capital Management at 262p per share. In fact, there was no rival bid, and Terra Firma’s bid of 265 pence per share was the only one at auction on May 21.]The label, known for musicians like the Beatles and Pink Floyd, is struggling under the weight of its debt. Tags: NULL Sharelast_img read more

Ireland takes tough medicine

first_img 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 PastUndoMoneyPailShe Was Famous, Now She Works In {State}MoneyPailUndoSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesUndoBetterBe20 Stunning Female AthletesBetterBeUndoMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesUndoElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldUndoHealthyGem”My 600-lb Life” Star Dropped 420 Pounds, See Her NowHealthyGemUndomoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comUndo whatsapp Share Tags: NULL Tuesday 7 December 2010 9:18 pm KCS-content center_img EUROZONE leaders breathed a sigh of relief yesterday as the Irish parliament narrowly elected to swallow the bitter pill of fiscal austerity in return for its €85bn (£72bn) bailout. Eighty-two MPs voted in favour and 77 against the plan to deliver €6bn of budget cuts next year.Finance minister Brian Lenihan said the budget, which is just the first part of a four-year programme to deliver a further €9bn of budget cuts, was “a down-payment on the journey back to economic health”.There are still three more votes that could potentially derail the plan, which parliament must pass in order to qualify for the rescue funds, but it is unlikely that MPs will change their positions between now and today.However, Lenihan’s Fianna Fáil party, languishing in the polls, is not expected to be in power to implement the plan after a promised election in January. Shadow finance minister, Michael Noonan, who could take over from Lenihan, called the bill “the budget of a puppet government who are doing what they have been told to do by the IMF, the EU Commission and the European Central Bank”.In order to get the budget through the razor-thin vote, the governing coalition had to rely on the votes of several independent MPs, which it courted in part by promising support for local constituency initiatives. The emergency budget comes on top of €14.6bn in cuts already made during the government’s failed efforts to avoid a bailout. It consists of €4.5bn of spending reductions and €1.5bn in tax rises, with social welfare bearing the brunt of the cuts.Benefits are to be trimmed by four per cent, while jobseekers’, carers’ and disability allowances will drop by €8 per week. Child benefit is to be reduced by €10 per month for each child and public sector pay will be capped at €250,000.Ireland’s all-important low corporation tax is to remain at 12.5 per cent and air passenger tax will be temporarily cut from €10 per person to €3 for next year, with Lenihan saying that keeping business taxes down will encourage economic growth. Even so, many view his growth forecasts of an average 2.75 per cent per year until 2014 as drastically over-optimistic.Individuals will see taxes rise however: the value of tax bands and credits is to be reduced 10 per cent to yield an estimated €395m and €435m extra respectively. Stamp duty relief will be abolished entirely and petrol tax will also rise by four cents per litre and diesel by two cents. Ministers will see their salaries drop by €10,000 per year and the prime minister’s will be cut by €14,000. Ireland takes tough medicine Show Comments ▼ More From Our Partners Astounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgMark Eaton, former NBA All-Star, dead at 64nypost.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.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgI 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.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.org‘The Love Boat’ captain Gavin MacLeod dies at 90nypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comWhy people are finding dryer sheets in their mailboxesnypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.com whatsapplast_img read more

Economic growth revised down

first_img whatsapp John Dunne 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 Wednesday 22 December 2010 4:49 am Show Comments ▼ Share The economy grew less quickly than previously thought in the third quarter, and growth in the second quarter was also revised down, according to official data.The Office for National Statistics (ONS) said GDP grew 0.7 per cent on the quarter, down from the 0.8 percent previously estimated. On the year, growth was revised down to 2.7 per cent from 2.8 per cent. Economists had expected growth to be unrevised at 0.8 percent on the quarter and 2.8 per cent on the year.The ONS blamed the revision on weaker performances i production industries, construction and business services and finance.Growth in the second quarter was also revised down to 1.1 per cent from the 1.2 per cent previously reported following data which showed the construction sector grew less quickly than initially thought.The figures suggest the recovery is less robust than some hoped and will reinforce fears of a sharp slowdown early next year when public spending cuts increasingly start to bite.Balance of payments data released at the same time showed Britain’s deficit with the rest of the world widened to £9.568bn in the third quarter from £5.22bn in the second.Economists had expected the current account gap to widen to £8.55bn. Tags: NULL Economic growth revised down whatsapp last_img read more

How to ensure investors get the best advice

first_imgMonday 17 January 2011 9:26 pm How to ensure investors get the best advice whatsapp Tags: NULL A NATIONALLY recognised Diploma in Investment Planning was launched yesterday by the National Skills Academy for Financial Services, to help ensure that financial advisers are giving the best guidance possible to consumers. The qualification, known as Experience Counts, has been included in a Financial Services Authority (FSA) consultation to fulfil assessment requirements under the regulators new retail distribution review (RDR) proposals. The RDR was launched in 2006 to increase consumer protection in the retail products market, and to encourage firms to provide clear customer guidance that is not influenced by adviser remuneration. Written or verbal exams have been the traditional method of assessment for financial advisers, but the new qualification will be work-based, allowing advisers to achieve RDR standards through practical experience.The diploma has been launched by the National Skills Academy for Financial Services, and developed with its affiliate, Corporate Training Partnerships. Share whatsapp Read This NextRicky 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 WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The Wrap’Sex and the City’ Sequel Series at HBO Max Adds 4 More ReturningThe WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe WrapThe Truth About Bottled Water – Get the Facts on Drinking Bottled WaterGayot’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe Wrap’Black Widow’ First Reactions: ‘This Is Like the MCU’s Bond Movie’The Wrap Show Comments ▼ KCS-content last_img read more

Property aids profit surge at Blackstone

first_imgThursday 3 February 2011 8:03 pm whatsapp Property aids profit surge at Blackstone whatsapp Share Tags: NULL Show Comments ▼center_img by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailHero WarsThis game will keep you up all night!Hero WarsTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastBlood Pressure Solution4 Worst Blood Pressure MedsBlood Pressure SolutionThe No Cost Solar ProgramGet Paid To Install Solar + Tesla Battery For No Cost At Install and Save Thousands.The No Cost Solar ProgramOne-N-Done | 7-Minute Workout7 Minutes a Day To a Flat Stomach By Using This 1 Easy ExerciseOne-N-Done | 7-Minute WorkoutLuxury SUVs | Search AdsThese Cars Are So Loaded It’s Hard to Believe They’re So CheapLuxury SUVs | Search AdsBlood Pressure For LifeWhy Doctors May No Longer Prescribe Blood Pressure MedsBlood Pressure For LifeBrake For ItThe Most Worthless Cars Ever MadeBrake For It More From Our Partners A ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.org PRIVATE equity and real estate investor Blackstone Group said it will start fundraising for its next real estate fund this year, expected to be the same size as its $10bn (£6.2bn) 2008 fund.Blackstone said the value of its real estate funds rose 19 per cent for the quarter and 69 per cent for the year, while its private equity portfolio rose three per cent for the quarter and 29 per cent for the full-year.The firm also just started investing its latest private equity fund — called BCP VI – which reached nearly $15bn as of 7 January. In total, it has about $30bn of capital to invest.Blackstone said that the value of its investments increased sharply in the fourth quarter, boosting quarterly earnings and beating analysts’ forecasts. Fourth-quarter economic net income (ENI) was $513m, up from $329m a year earlier. Adjusted ENI was 46 cents per share, up from 29 cents a year ago. The company is paying a quarterly distribution to shareholders of 32 cents a share, bringing its full-year distribution for 2010 to 62 cents a share. KCS-content last_img read more

Dyson expected to split Punch Taverns into two

first_img 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 Famous, Now She Works In {State}MoneyPailPeople TodayNewborn’s Strange Behavior Troubles Mom, 40 Years Later She Finds The Reason Behind ItPeople TodaySerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBetterBe20 Stunning Female AthletesBetterBeDrivepedia20 Of The Most Underrated Vintage CarsDrivepediaZen HeraldThe Truth About Why ’40s Actor John Wayne Didn’t Serve In WWII Has Come To LightZen HeraldElite HeraldExperts Discover Girl Born From Two Different SpeciesElite Herald Show Comments ▼ DEBT-SADDLED pub chain Punch Taverns will announce plans to splinter off its best-performing ventures tomorrow, a person familiar with the company said yesterday. Chief executive Ian Dyson’s long-awaited review of the firm is said to have considered several options, including spinning off the directly managed pubs under the Spirit Group banner into a separate listed company. This would leave Punch with around 6,000 leased pubs, which could then be closed or sold off to help tackle its £3bn debt pile.Punch’s bondholders and their adviser Rothschild are also lining up buyers in case Dyson decides to simply default on the loans and hand over the securitised pubs. Spokespeople for the bank and Punch both declined to comment yesterday. whatsapp Sunday 20 March 2011 11:15 pmcenter_img whatsapp KCS-content Dyson expected to split Punch Taverns into two More From Our Partners Astounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.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.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comMark Eaton, former NBA All-Star, dead at 64nypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgBill Gates reportedly hoped Jeffrey Epstein would help him win a Nobelnypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comPuffer fish snaps a selfie with lucky divernypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.com Tags: NULLlast_img read more

Nasdaq bid for NYSE sweetened

first_img Share Nasdaq bid for NYSE sweetened Tuesday 19 April 2011 9:26 pm KCS-content US STOCK exchanges Nasdaq OMX and IntercontinentalExchange raised the heat on NYSE Euronext yesterday, tabling an aggressive revised bid to derail its planned link-up with Deutsche Boerse.Nasdaq-ICE, whose $11.3bn (£7bn) bid to merge with NYSE Euronext was rejected this month, offered to pay a $350m reverse break fee should US competition authorities veto its bid.In a bullish letter arguing against NYSE’s reasons for rejecting their bid, the exchanges said they had $3.8bn in committed bank funding ready to pay the cash element of the merger. They added that they were already in talks with US antitrust officials to gain support for a merger that would control 52 per cent of US equity trades.“This should eliminate any concerns that the NYSE Euronext board has about engaging in discussions with us,” said Nasdaq chief executive Robert Greifeld. The letter attacked NYSE Euronext’s $9.5bn plan to merge with Deutsche Boerse to create a transatlantic trading platform. It said the Nasdaq/ICE offer would avoid a lengthy EU competition investigation. Nasdaq and ICE’s rival bid offered cash and stock worth $2bn more, leaving NYSE investors reportedly angry when the board dismissed it. But the Deutsche merger would retain both US and German executives, while a Nasdaq-ICE merger would likely leave the NYSE board without roles in the new entity.Sources close to Deutsche Boerse told City A.M. it would not raise its offer in response as both exchanges would have to propose the new price to shareholders. NYSE Euronext’s board said it would review the bid. Show Comments ▼ Tags: NULLcenter_img Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The Wrap’Small Axe’: Behind the Music Everyone Grooved On in Steve McQueen’sThe WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe Wrap’Black Widow’ First Reactions: ‘This Is Like the MCU’s Bond Movie’The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe Wrap whatsapp whatsapp by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesMoneyPailShe Was An Actress, Now She Works In ScottsdaleMoneyPailMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryLuxury SUVs | Search AdsThese Cars Are So Loaded It’s Hard to Believe They’re So CheapLuxury SUVs | Search AdsDrivepedia20 Of The Most Underrated Vintage CarsDrivepediaBetterBeDrones Capture Images No One Was Suppose to SeeBetterBeZen HeraldThe Truth About Why ’40s Actor John Wayne Didn’t Serve In WWII Has Come To LightZen Heraldautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comlast_img read more

ARM rides smartphone wave

first_img KCS-content Share ARM rides smartphone wave 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.comMark Eaton, former NBA All-Star, dead at 64nypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.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.orgNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.org by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastHero WarsThis game will keep you up all night!Hero WarsLuxury SUVs | Search AdsThese Cars Are So Loaded It’s Hard to Believe They’re So CheapLuxury SUVs | Search AdsBrake For ItThe Most Worthless Cars Ever MadeBrake For ItGundry MD Total Restore SupplementWhat Rice Does to the Human BodyGundry MD Total Restore SupplementFilm OracleHer Love Triangle Inspired 3 Of The Most Popular Songs Ever WrittenFilm OracleBlood Pressure For LifeWhy Doctors May No Longer Prescribe Blood Pressure MedsBlood Pressure For LifeThe No Cost Solar ProgramGet Paid To Install Solar + Tesla Battery For No Cost At Install and Save Thousands.The No Cost Solar ProgramSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity Times Chip designer ARM Holdings rode the crest of the smartphone boom to smash analyst forecasts with a 35 per cent rise in first quarter profits.The Cambridge-based company, whose designs are in Apple’s iPad and iPhone, also said it will meet its full-year targets in spite of the Japanese earthquake’s impact on the supply-chain.Its pre-tax profits hit £51m on revenues up 26 per cent at £116m.The firm said it has signed a string of licencing deals with manufacturers including LG and Broadcom that will drive future growth.In the quarter 1.15bn ARM-processor based chips were shipped into mobile devices, including smartphones and tablets, with the smartphone market expected to continue its ballooning growth for years to come.ARM, whose designs are used by chip makers such as Samsung, Qualcomm and Texas Instruments, reports royalties a quarter in arrears, so the impact of the earthquake will not be fully apparent until its third quarter.ARM shares rocketed this month after Microsoft unveiled its latest round of software running on its processors. It showcased the new version of its Internet Explorer browser running on an ARM chip. center_img Tags: NULL Wednesday 27 April 2011 8:14 pm Show Comments ▼ whatsapp whatsapplast_img read more

Cherry CEO arrested over insider trading claims

first_img Regions: Europe Nordics Sweden AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Cherry CEO arrested over insider trading claims Email Address 23rd May 2018 | By contenteditor Legal & compliance Topics: Legal & compliance People Strategy Anders Holmgren, chief executive of Cherry AB, has been arrested on suspicion of insider trading. The Swedish Economic Crime Authority carried out a raid of Cherry’s offices yesterday (Tuesday) and the arrest took place shortly after. Gunnar Lind, chairman of the audit committee at Cherry, will take on the role of acting chief executive while the investigation continues.In a statement, Cherry said: “Cherry has been informed that the Swedish Economic Crime Authority has initiated an investigation for insider crime as a result of share trading by Cherry’s CEO, Anders Holmgren.“Cherry will fully cooperate with the Economic Crime Authority in the investigation.”Holmgren took on the role of chief executive at Cherry in February 2017 after serving in the position on an interim basis for more than a year following the departure of Fredrik Burvall.Prior to this, Holmgren served in various executive roles for Betsson between 2000-2011.Holmgren joined Cherry’s board in 2015, serving as a key adviser for the firm’s ongoing growth strategy.Related article: Cherry praises business model as key financials climb Anders Holmgren, chief executive of Cherry AB, has been arrested on suspicion of insider trading Subscribe to the iGaming newsletter Tags: Mobile Online Gamblinglast_img read more