Tom Frew

Operators of Stanlow refinery, the UK’s second largest Essar Oil (UK) Ltd have appointed Janet Ashdown and Neville Chamberlain as independent non-executive directors of the company. Janet Ashdown was until the end of 2012 Chief Executive Officer of Harvest Energy Limited and Blue Ocean Oil Trading Limited, she previously worked for BP for 29 years […]

Return on average ordinary shareholders’ equity up 12.0% HSBC made a reported profit before tax of US$14.1bn, an increase of US$1.3bn, or 10%, compared with the first half of 2012, the company has reported. Profit attributable to ordinary shareholders was US$10.0bn, an increase of US$1.8bn or 23% compared with the first half of 2012. Return […]

Mr McEwan will replace out going CEO Stephen Hester. The Royal Bank of Scotland Group plc (RBS) announces today that Ross McEwan has been appointed as a Director and Group Chief Executive with effect from 1 October 2013. Mr McEwan joined RBS as the UK Retail CEO in September 2012. Philip Hampton, RBS Chairman said […]

Research by part of the Lloyds Banking Group The number of first time buyers in the first six months of 2013 was 19% higher than in the same period last year, according to the half-year Halifax First Time Buyer Review. There were an estimated 120,000 first time buyers (FTBs) during January-June 2013, up from 101,000 […]

Step forward for British Gas owner. Centrica Energy’s Lincs offshore wind farm has been officially opened by the Deputy Prime Minister Nick Clegg. The last of the wind farm’s 75 wind turbines was connected to the National Grid on Wednesday 24 July, bringing the 270MW project up to full strength for the first time. Lincs […]

Provides “as much as $470 million” of increased value The Special Committee of the Board of Dell Inc. (NASDAQ: DELL) has announced that it has entered into a revised definitive merger agreement with Michael Dell and Silver Lake Partners that increases the aggregate value to unaffiliated shareholders by at least $350 million, as follows: Increases […]

Home 4 Rent – will it be a Stock 4 Profit? Agoura Hills, CA based American Homes 4 Rent, a real estate investment trust specializing in single-family rental, opened for trading today on the New York Stock Exchange (NYSE) under the ticker symbol “AMH” after its initial public offering.  Barclays is the Designated Market Maker […]

Index will “will allow investors to take advantage of price fluctuations before the market opens” NYSE Euronext has announced an addition to its range of indices with the addition of the AEX Ext index. The new index tracks the market’s benchmark AEX-Index, but with extended calculation and distribution hours, from 8.00 am to 6.30 pm […]

Was he notified by telephone? It would have been fitting. BT has announced the appointment of Joris van Oers to head its Benelux operations. Mr van Oers will be in charge of BT’s business in the Netherlands, Belgium and Luxembourg. In a statement the telecommunications giant said that “Joris van Oers has a strong background […]

Full details revealed. NYSE Euronext has today reported net income of $173 million, or $0.71 per diluted share on a GAAP basis, for the second quarter of 2013, compared to net income of $125 million, or $0.49 per diluted share, for the second quarter of 2012. Results for the second quarter of 2013 and 2012 […]