FTSE shored up by strong blue chip results May 2, 2012 The FTSE 100 was flat in early trading as better than expected US manufacturing figures were offset by the bleak picture in the Eurozone. US manufacturing expanded at its fastest pace for 10 months fuelling confidence in the recovery of the world’s largest economy. However, the Eurozone’s manufacturing sector slipped further into decline last month, [...]
Premiership rights may spark bid war March 11, 2012 PREMIER league football clubs could rake in three times as much if “a real bidding war between broadcasting giants” breaks out when the sale of the broadcast rights to the football premiership kicks off next month. Having already entered the French market, Al Jazeera has been touted as a serious challenger to the supremacy of [...]
CAR TALK February 21, 2012 FORD’S FIESTA-SIZED B-MAX Will Ford’s new B-MAX be the cleverest little car this year? The new Fiesta-sized MPV has its central body B-pillars incorporated into the doors so there’s a 1.5m long opening on either side of the car. Easy to get in and out of and you should be able to load large items [...]
Olympic Media Buzz LONDON 2012 PARTNERS March 18, 2012 IN ASSOCIATION with Repskan.com, City A.M. is measuring the relative Olympic media buzz around the London 2012 Olympic and Paralympic Games partners, week by week. The leaderboard, right, reflects their ranking over the past week, in this case from Wednesday 7 March to Wednesday 14 March. News that Coca-Cola is considering acquiring the post-Games naming [...]
B&Q owner sees profits surge March 22, 2012 KINGFISHER, the owner of B&Q, yesterday announced it had beaten forecasts with a 20 per cent rise in annual profit to £807m as it set out plans for further growth. Sales at the group, which also controls Castorama and Brico Depot in France, rose 3.6 per cent to £10.8bn, while the full-year dividend was lifted [...]
FTSE closes above 5,800 mark after good US data boosts world outlook May 1, 2012 B RITAIN’S top share index jumped more than one per cent yesterday after stronger-than-expected US manufacturing data gave a lift to global growth hopes, pulling commodity stocks higher. Banks were also in demand as investor risk appetite returned. Shares of Lloyds rallied more than eight per cent after the part state-owned lender reported a £288m [...]
FTSE closes above 5,800 mark after good US data boosts world outlook May 1, 2012 B RITAIN’S top share index jumped more than one per cent yesterday after stronger-than-expected US manufacturing data gave a lift to global growth hopes, pulling commodity stocks higher. Banks were also in demand as investor risk appetite returned. Shares of Lloyds rallied more than eight per cent after the part state-owned lender reported a £288m [...]
US jobs blow dents markets April 10, 2012 The FTSE 100 tracked losses in Asia this morning as bleak US jobs data took its toll on investor sentiment with miners and banks hit. On Friday the US Labour Department reported that the number of unemployed workers was almost 13m and hiring slowed, raising the alarm over the state of the country’s economic recovery. [...]
US jobs blow dents markets April 10, 2012 The FTSE 100 tracked losses in Asia this morning as bleak US jobs data took its toll on investor sentiment with miners and banks hit. On Friday the US Labour Department reported that the number of unemployed workers was almost 13m and hiring slowed, raising the alarm over the state of the country’s economic recovery. [...]
Kingfisher unveils growth plan as profits top forecasts March 22, 2012 Kingfisher, Europe’s biggest home improvements retailer, said new stores and a drive to improve profit margins would help it to cope against a tough economic backdrop, as it beat forecasts with a 20 percent rise in annual profit. The British group, detailing its new “Creating the Leader” growth programme, said on Thursday it would open [...]