Robert Wiseman bullish after milk contract wins July 9, 2009 SCOTTISH dairy group Robert Wiseman said yesterday performance for the first quarter rose 8.5 per cent on the same period last year, thanks to a number of new contract wins. The firm took on three large milk supply contracts with the Co-op and two Spar wholesalers, Cappers and Blakemore. Robert Wiseman plans to increase capacity [...]
Robert Wiseman bullish after milk contract wins July 9, 2009 SCOTTISH dairy group Robert Wiseman said yesterday performance for the first quarter rose 8.5 per cent on the same period last year, thanks to a number of new contract wins. The firm took on three large milk supply contracts with the Co-op and two Spar wholesalers, Cappers and Blakemore. Robert Wiseman plans to increase capacity [...]
CITY MOVES WHO’S SWITCHING JOBS July 2, 2009 FSSCThe Financial Services Skills Council has appointed Simon Ellis to lead an independent review of its future role and strategy. Ellis joins from Fidelity’s multi-manager business, where he was a managing director. He was also previously head of UK retail at AXA Investment Managers and was until recently a board director of the Investment Managers [...]
CITY MOVES WHO’S SWITCHING JOBS July 2, 2009 FSSCThe Financial Services Skills Council has appointed Simon Ellis to lead an independent review of its future role and strategy. Ellis joins from Fidelity’s multi-manager business, where he was a managing director. He was also previously head of UK retail at AXA Investment Managers and was until recently a board director of the Investment Managers [...]
BEST OF THE BROKERS July 1, 2009 CRANSWICKKBC peel Hunt say that Cranswick’s success story this year is “more than just a BBQ boost” – although the hot weather has provided a boost to the sale of sausages – but also because of new business and the consumer switchover to beef and lamb products. After meeting the firm for an update, the [...]
Monitise signs 8m deal with Visa International June 30, 2009 SHARES in mobile banking and payments service provider Monitise lifted by 28 per cent to 6.75p yesterday, after it said that it had signed a five-year strategic agreement with Visa International worth $13m (£7.9m). Monitise said Visa International, the world’s largest retail electronic payments network, would also subscribe to a rights issue of 73.2m new [...]
HORSES FOR COURSES FOR CITY RACING SET September 22, 2009 IT SEEMS barely a moment since the end of the horseracing season, but the City is already gearing up for the bevy of racehorse auction sales coming up over the next few weeks, starting with the Goffs Orby Sale in Ireland next week. Racing buffs might recall that sellers at the spring sales teamed up [...]
HORSES FOR COURSES FOR CITY RACING SET September 22, 2009 IT SEEMS barely a moment since the end of the horseracing season, but the City is already gearing up for the bevy of racehorse auction sales coming up over the next few weeks, starting with the Goffs Orby Sale in Ireland next week. Racing buffs might recall that sellers at the spring sales teamed up [...]
BEST OF THE BROKERS July 9, 2009 ADMIRALAdmiral’s recent underperformance makes them an attractive prospect, according to Bank of America Merrill Lynch, who upgraded it to a “buy” recommendation. Admiral’s stock has underperformed the sector by 11 per cent over the past three months, but Merrill Lynch believe Admiral’s near term trading outlook appears robust, and the insurance firm’s returns should be [...]
CAN KESA ELECTRICALS RECOVER FROM ITS NOSEDIVE INTO THE RED? June 24, 2009 DAVID JEARY INVESTECIt is clear that trading conditions remain challenging. The company has already announced cost cutting measures for Comet and its Spanish division, and cost reduction is to remain a key focus. Much will depend on the continued resilience of the key Darty division, which has performed solidly.” MATTHEW MCEACHRAN SINGER CAPITALThese results look [...]