Identity and security: The price we must pay to keep our information safe – and the companies helping us do it May 17, 2016 In ancient Roman mythology, Janus, the god of boundaries, is usually depicted as having two faces. Skip a few thousand years to today’s modern world, and many of us still wear more than one mask: there’s the one we present at work, one we wear in front of family, and others we wear in front [...]
Deadpool? 21st Century Fox earnings miss expectations on weak film revenues February 8, 2016 21st Century Fox earnings were more Deadpool than Eddie the Eagle in the three months to the end of December – with film revenues dragging it down. In a statement this evening, the company said quarterly earnings fell one per cent, or $49m (£33.9m), to $7.38bn, against analyst expectations of $7.53bn. Earnings per share fell to $0.44, down from $0.53 last year. [...]
Mike Ashley adds MegaValue.com high street store to Sports Direct business June 1, 2015 Mike Ashley rarely sits still. With his ownership of the beleaguered Newcastle United dominating the headlines, the Sports Direct owner has quietly added a new high street business to his interests. Read more: Rangers and Sports Direct boss Mike Ashley has too much power, says IoD The subtly-titled MegaValue.com is a new discount store that recently appeared [...]
Moet Hennessy chief executive Christophe Navarre invests in Vivino wine networking app January 13, 2016 Christophe Navarre, the president Moet Hennessy – the wines and spirits division of luxury giant LVMH – is one of several investors involved in wine app Vivino's $25m (£17.3m) series B fundraising. Vivino's site and app is a networking site for wine lovers, and the most downloaded mobile wine app, allowing users to recommend and rate wines, and identify wines from restaurants around the world. [...]
AkzoNobel merger with PPG needs to be considered, even as a Plan B, urge investors March 29, 2017 Investors have pleaded with the management of AkzoNobel to listen to them and engage in takeover talks with US rival PPG. Activist investor Elliott, one of the leading voices calling for the Dulux-owner to engage with PPG, released research that indicated nearly all respondents want AkzoNobel sit down with its would-be suitor. Shareholders have been [...]
Hammerson sells Sheffield’s biggest retail park for £62m April 23, 2015 HAMMERSON said yesterday it has sold Drakehouse Retail in Sheffield as it looks to focus on its other major developments in Croydon and Brent Cross. The FTSE 100 property group has sold the 21,000 square metre retail park located to the south east of Sheffield city centre to 90 North Real Estate Partners for £61.7m. [...]
Disney, Expedia, Cisco and Tripadvisor: Four US stocks bucking the global selloff trend (for now) February 11, 2016 With global shares plummeting and a sheen of sweat starting to form on bankers' brows, you'd think the end was nigh. But it's not all doom and gloom. Check out these US stocks bucking the trend – and proving it isn't the end for the markets (yet). 1. Tripadvisor – up 12.2 per cent Why's it winning? It [...]
Ted Baker buys Ugly Brown Building headquarters for £55m December 17, 2015 Ted Baker's founder Ray Kelvin and his staff have become very attached to their quirky King’s Cross offices they call the Ugly Brown Building. So much so, the fashion brand has bought the freehold to the property, formally known as Block B, Canal Reach on St Pancras Way, for £55.25m through its subsidiary, Big Lobster, after [...]
A Royal Marine is transforming abandoned Welsh mining quarries into adventure themeparks for grown-ups July 29, 2016 A t the end of the nineteenth century, Penrhyn Slate Quarry in North Wales was the largest of its kind in the world. A mile long and 1,200ft deep, more than 3,000 quarrymen toiled in its depths. The number of miners in Wales went on to peak at over 270,000 in 1920, with prosperous coal, [...]
Poundland agrees to probe by authorities into 99p Stores deal May 6, 2015 POUNDLAND said yesterday it has agreed to proceed with a full-scale investigation by the competition watchdog over its proposed £55m tie-up with 99p Stores. The bargain chain said last month that it was considering whether to continue to pursue the deal or walk away after the Competition and Markets Authority (CMA) raise concerns over 92 [...]