Sunday, 17 June 2007
Sunday Business Review - 17/6/07
10 of the most interesting stories from today's news. I would expect things to start calming down for the summer. The uber-rich executives often take a month off in July/August and hire an archipelago in the Caribbean; deals still get done, but the pace slows down alot to accommodate the 'season.'
Private Equity Backlash - As I suggested earlier in the week, the pressure is on the PE industry, with even heavyweight KKR having difficulties trying to float.
Jon Moulton agrees - Good article on the above from someone who knows.
I am always Wrong - Markets at a 7 year high...what goes up..
T5 slating starts - It was only a matter of time before what reached this phase. The Terminal 5 project has gone so well, the press had to turn, these are the first assaults...
Fallen giant rises? - ICI staves off a bid for now. Might well be affected by the Caribbean facot
Return of the Dome - A puff piece to suggest the Dome will finally become profitable; err..it was given away for nothing and is still on polluted land. if someone gave me a £750 million investment for free then I am sure I could do something with it....
Wounded Jaguar - Lots of press about this topic this week. As much as Private Equity has something to answer for, I bet only they can save the group. But I think John Towers clones will be back with fantasy promises a la Rover.
Sainsbury's still a target - This time of a Qatari company. Sitting on valuable assets in the UK corporate environment at the moment is a sure way to boost your companies share price.
Pushing the market - a new clever idea to make money and boost liquidity in the AIM market.
Darling times - Government backed report says country is very competitive. I can't see the report was likely to report otherwise given its paymaster...
Posted by CityUnslicker