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CNBC Power Lunch July 10, 2013

To log up a fifth straight session of gains. Bern bernanke getting ready for a q a on fed policy. The economy, will we help or hurt the markets . 23 will fine out. I think this is also a feds minutes day, ladies and gentlemen, that is always an exciting one. My partner sue at nyse. Sue. Hi, ty. For the first time, hedge funds will be allowed to advertise to the general public under a rulet with them. Kate kelly is here with the details. Its been a long time since they changed any of these rules, and i noted, kate, that it was pretty much a unanimous decision with one very vigorous dissent. What do you make of it . Thats right, sue. It was a 41 ruling on that piece of the issues that they took up today, so this was a much expected but long delayed vote really. The commission agreed to lift just to remind people a longstanding ban on general advertising for hedge funds and other companies that engage in private offerings. That could theoretically be anything from s. A. C. Capital to the ....

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Investegate |CEPS PLC Announcements | CEPS PLC: Merger of Davies Odell with Vale Brothers


Merger of Davies Odell with Vale Brothers
The Board of CEPS is pleased to announce that its subsidiary company, Davies Odell Limited ( Davies Odell ), has undertaken a merger with Vale Brothers Limited ( Vale Brothers ).  This merger has been achieved by the incorporation of a new company, Vale Brothers Holdings Limited ( VBH ), which has acquired 100% of the share capital of both Davies Odell and Vale Brothers.
Davies Odell has of late been loss-making and despite much effort and investment has been unable, to date, to move into sustained profitability.
Vale Brothers is larger in terms of turnover than Davies Odell (for the year ending 31 December 2019 turnover was £4.6m and £3.6m respectively) and manufactures and supplies a range of branded products for the equestrian market. In this respect there is an interesting overlap with Davies Odell which has a complementary range of products addressing the same markets. ....

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