Shareholders seize the day
Article Abstract:
Shareholder activism is beginning to become a significant feature of UK investing. Most recently, this trend has been reflected in the departure of Mirror Group Chief Executive David Montgomery. Factors fuelling the growth of shareholder activism include the increasing influence of large US investors and the decline in the economy, which has revealed weaker companies. Most fund managers believe that a more proactive approach to equity investment will become a permanent feature.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 1999
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Casket eyes Raleigh's yellow jersey
Article Abstract:
Casket, of Leeds, England, is the second largest bicycle manufacturer in Britain and wishes to become the largest. Its rival, Raleigh, part of Derby International, has 35% of the market compared to Casket's 20%. Joe Smith, Chief Exec, turned the company around from losing millions in 1989 and bought Townsend, British Eagle and Falcon Cycles. Production and retail availability need increasing to match Raleigh.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 1992
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Six months after launch, AIM is well on target
Article Abstract:
The UK's Alternative Investment Market (AIM), launched in Jun 1995, now has 117 companies with a total market capitalisation of 2.2 billion pounds sterling. The Stock Exchange has expressed satisfaction at the exchange's performance, especially as many observers felt that a new exchange for smaller, growing companies might not be successful. So far, total funds raised have reached 76 million pounds sterling.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 1996
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