28 Aug 2014 10:36
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Fri, 02nd Jan 2015 07:40
Irish bookmaker Paddy Power has a new chief executive after former boss Patrick Kennedy stepped down.Paddy Power said Andy McCue, formerly managing director of the group's retail UK & Ireland business, had taken up the role on Friday.Kennedy announced his intention to step down as chief executive at the company's annual meeting in May last year.The bookie said in September that McCue, who led the group's online and retail multi-channel strategy, was "the ideal leader to drive Paddy Power's next phase of growth."
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13 May 2014 09:00
Football Results Go Against Paddy Power; CEO Kennedy To Step Down
LONDON (Alliance News) - Betting and gaming company Paddy Power PLC Tuesday said it experienced its "worst two weekends ever for football profitability" in January and March, after football results went heavily against it. Paddy Power also announced that Chief Executive Patrick Kennedy will
Read more13 May 2014 07:29
UK MORNING BRIEFING: Taylor Wimpey Leads Strong FTSE 250
LONDON (Alliance News) - Mid-cap stocks are leading London equities higher at the open Tuesday, following a strong lead in from the US and Asia, particularly Tokyo.
Taylor Wimpey is leading the mid-cap FTSE 250, up 5.7%, after saying it expects to deliver a big incr
27 Apr 2014 10:08
Sunday newspaper round-up: Premier Oil, Bookmakers, Friends Life
Premier Oil has rejected two takeover approaches from Ophir Energy, the Sunday Times reported. The most recent proposal by Ophir was an all-share deal that was unanimously rejected by Premier's board two weeks ago. The companies are likely to inform the market about the talks on April 28th following
Read more27 Apr 2014 08:35
Sunday share tips: Severn Trent, Ladbrokes, Lloyds Banking
Severn Trent investors have reasons to be annoyed after the water company's performance since rejecting a takeover bid, Danny Fortson argued in the Sunday Times. In his Inside the City column, Fortson said Severn's shares are almost a fifth lower than the 22 pounds offered by overseas investors a ye
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