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Ladbrokes CFO Ian Bull to step down in February 2016

Wed, 16th Sep 2015 07:36

(ShareCast News) - Ladbrokes' chief financial officer, Ian Bull, is leaving the company ahead of its merger with Gala Coral.Ladbrokes said Bull, who joined the business as CFO in July 2011, has agreed to stay on until the announcement of the 2015 full-year results scheduled for the end of February.If Ladbrokes' planned merger with the Coral Group completes before this date, it has been agreed that Bull would leave shortly after completion and if the merger completes after this date then the board will put in place appropriate arrangements.Chairman Peter Erskine said: "At the time of announcement of the proposed merger with Coral, we announced that Ian would be stepping down as Ladbrokes CFO and Ian has recently informed the board that he wished to leave Ladbrokes on completion of the annual accounts, in order to pursue other potential opportunities. "In accepting his request we are pleased that Ian has reiterated his commitment to delivering our organic strategy and in leading the current refinancing of the group in preparation for the proposed merger. I am delighted that we will continue to benefit from Ian's energy and experience during this important time."
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21 Apr 2016 07:34

London pre-open: Stocks seen higher as investors eye UK retail sales

(ShareCast News) - London stocks were expected to open in the black on Thursday, taking their cue from positive US and Asian sessions as oil prices edged higher. The FTSE 100 was seen starting 12 points higher than Wednesday's close at 6,422. Investors in the UK will eye the release of retail sales

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21 Apr 2016 07:05

Ladbrokes gets off to a flier in first quarter

(ShareCast News) - Unlike some of its rivals, Ladbrokes got off to a flier in the first quarter, with encouraging sales growth indicating new chief executive Jim Mullen's turnaround plan is working but also helped by a tailwind of favourable sporting results. As the bookmaker refurbished 73 betting

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21 Apr 2016 07:02

Ladbrokes Net Revenue Up In Quarter Despite "Worst" Ever Cheltenham

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20 Apr 2016 14:30

Credit Suisse starts Paddy Power Betfair at 'underperform'

(ShareCast News) - Credit Suisse initiated coverage of Paddy Power Betfair at 'underperform' with a 8,650p price target, saying the merger benefits were being overplayed, with the cost synergies and scale failing to justify the share price. "We feel that cost synergies alone are a poor rationale for

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17 Apr 2016 16:53

Sunday newspaper round-up: AstraZeneca, Monarch Airlines, HSBC, Opec deal

(ShareCast News) - AstraZeneca has held talks with US-based rival Medivation that could see it make a $10bn (£7bn) takeover bid, where it will battle France's Sanofi, which had a bid rejected last week, and others. Although oncology drug maker Medivation has been criticised for "price gouging" by Am

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14 Apr 2016 15:10

Earnings, Trading Statements Calendar - Week Ahead

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5 Apr 2016 08:32

BROKER RATINGS SUMMARY: Liberum Upgrades Babcock To Hold From Sell

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3 Apr 2016 16:33

Sunday newspaper round-up: Interest rates, Tata, Premier Foods, G4S, Centrica

(ShareCast News) - The Bank of England will hold interest rates at their current historic low for three more years, according to the market's current predictions. Judging by the overnight deposit rates that banks are charged to hold their cash at the central bank, which indicates market predictions

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30 Mar 2016 08:41

BROKER RATINGS SUMMARY: Jefferies Adjusts Ratings On Retailers

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23 Mar 2016 17:17

LONDON MARKET CLOSE: US Crude Build-Up Weighs On Oil Prices And Stocks

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23 Mar 2016 14:37

UPDATE 2-William Hill warns on full-year profit, shares slump

* Cites regulatory changes and Cheltenham festival * Online profit seen falling by up to 25 mln stg * Shares down 11 pct (Adds CEO, analyst comments, detail) By Aastha Agnihotri March 23 (Reuters) - British bookmaker William Hill warned on full-year profit on Wednesday,

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23 Mar 2016 12:09

LONDON MARKET MIDDAY: Betting Stocks Back Of The Pack In Flat Trade

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23 Mar 2016 10:34

WINNERS & LOSERS SUMMARY: William Hill Warning Drags Down Bookmakers

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23 Mar 2016 08:40

LONDON MARKET OPEN: Kingfisher And Sky Lead Firm FTSE 100

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21 Mar 2016 09:38

BROKER RATINGS SUMMARY: Goldman Sachs Starts Ascential With Buy Rating

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