FTSE rally continues despite earnings woes for retailers March 30, 2011 THE FTSE 100 closed higher for a sixth consecutive session yesterday, its best run since August 2010, as investors ditched retailers over earnings worries in favour of growth sectors such as industrials and mining. Dixons issued a profit warning and gloomy outlook as a survey from the CBI showed the underlying trend for retail sales [...]
WHAT THE OTHER PAPERS SAY THIS MORNING February 15, 2011 FINANCIAL TIMES JERSEY AND ISLE OF MAN OFFER TAX SOP TO BRUSSELS Jersey and the Isle of Man have announced changes to their corporate tax regimes in an effort to neutralise criticism from Brussels. Both crown dependencies said they were withdrawing laws that aim to stop local shareholders from avoiding personal income tax by rolling [...]
Domino’s drops its Britain’s Got Talent sponsorship as it reports a profit rise February 15, 2011 DOMINOS Pizza has seen its profit surge by 27 per cent – but sales started to slow in January. The company, which operates the British and Irish franchises of the global delivery brand, said sales growth at shops open more than a year slowed to 4.7 per cent in the first seven weeks of [...]
THE TIPSTER February 13, 2011 HAVING lost 98 per cent of their value over the last four years, shares in directory listings company Yell are clearly struggling. The landscape has shifted beyond recognition as online search services proliferate and there is little reason to expect any fundamental change. With earnings due for release on Tuesday of next week, any insights [...]
THE TIPSTER February 13, 2011 HAVING lost 98 per cent of their value over the last four years, shares in directory listings company Yell are clearly struggling. The landscape has shifted beyond recognition as online search services proliferate and there is little reason to expect any fundamental change. With earnings due for release on Tuesday of next week, any insights [...]
A NIGHT TO CELEBRATE SUCCESS January 26, 2011 THERE’S little that cheers the soul better after a lingering recession than a roomful of entrepreneurs, and last night’s Quoted Company Awards were no exception, as banks and brokerages gathered to cheer on their new and growing clients. Companies in attendance ranged from a bevy of smart media startups, including nine-month-old Digital Theatre and acquisition-hungry [...]
A NIGHT TO CELEBRATE SUCCESS January 26, 2011 THERE’S little that cheers the soul better after a lingering recession than a roomful of entrepreneurs, and last night’s Quoted Company Awards were no exception, as banks and brokerages gathered to cheer on their new and growing clients. Companies in attendance ranged from a bevy of smart media startups, including nine-month-old Digital Theatre and acquisition-hungry [...]
BEST OF THE BROKERS January 23, 2011 ASSOCIATED BRITISH FOODS Deutsche Bank rates the consumer group “sell” with a target price of 950p. The broker has downgraded its earnings per share forecast by two per cent thanks to falling sugar yields after the snow and margin pressure in some divisions. It also warns that Primark’s sales growth is continuing its slow-down. MAN [...]
Domino’s sales top forecasts January 5, 2011 THE country’s biggest pizza delivery firm Domino’s Pizza yesterday said it expected its 2010 pre-tax profit to beat market forecasts following a strong finish to the year, sending its shares to an all-time high. Domino’s, which operates the British and Irish franchises of the global delivery brand, has excelled through challenging economic conditions as cash-strapped [...]
THE TIPSTER January 5, 2011 After hitting 28-month highs earlier this week, the Dow Jones Industrial Average fell back slightly on Tuesday to lows of 11,636.88 in intra-day trading. However, yesterday’s rally showed traders are positive about the index, which has rallied hard since trading below 10,000 as recently as 31 August. With analysts predicting a positive year ahead, traders [...]