Reckitt earnings boosted by Suboxone drug July 25, 2011 Consumer goods group Reckitt Benckiser posted a 10 per cent rise in second-quarter earnings on Monday helped by last year’s SSL acquisition and the success of the film version of its Suboxone drug. The British group said it was well positioned to achieve its 2011 targets of a 12 per cent rise in net revenue [...]
Reckitt earnings boosted by Suboxone drug July 25, 2011 Consumer goods group Reckitt Benckiser posted a 10 per cent rise in second-quarter earnings on Monday helped by last year’s SSL acquisition and the success of the film version of its Suboxone drug. The British group said it was well positioned to achieve its 2011 targets of a 12 per cent rise in net revenue [...]
FTSE buoyed by energy stocks February 24, 2012 Upbeat economic data across the Atlantic and strong energy stocks helped to keep the FTSE 100 on track today despite relative weakness in Europe. US blue chips added 0.4 per cent overnight after weekly jobless data showed the US labour market remained on the mend, with the Dow approaching levels not seen since before the [...]
FTSE buoyed by energy stocks February 24, 2012 Upbeat economic data across the Atlantic and strong energy stocks helped to keep the FTSE 100 on track today despite relative weakness in Europe. US blue chips added 0.4 per cent overnight after weekly jobless data showed the US labour market remained on the mend, with the Dow approaching levels not seen since before the [...]
Women now make up a quarter of new FTSE board members March 12, 2012 A QUARTER of new FTSE 100 board hires made in 2011 were female, research will reveal this morning, in a new record that highlights a dramatic change at the top of Britain’s largest companies. Of the 190 appointments made to FTSE 100 boards during 2011, 47 were women, boosting the total number of female-held directorships [...]
Reckitt’s Becht joins plane firm June 28, 2011 Bart Becht, the outgoing chief of Cillit Bang maker Reckitt Benckiser, said yesterday that he will join the board of ICON Aircraft, a US sports plane company in which he became a key investor earlier in the year. The company aims to make its first plane models in 2012. Becht retires as Reckitt chief executive [...]
Miners buoy FTSE as Greece remains on knife edge February 8, 2012 The FTSE 100 opened on the front foot this morning as investors continued to cling onto hopes that Greece could be steered away from financial meltdown. Greek party leaders were set to meet again today to hammer out a reform deal in return for the new €130bn rescue from the IMF and EU. Leaders of [...]
FTSE hits six-month high fuelled by Greek deal February 13, 2012 The FTSE 100 climbed 0.9 per cent to a six-month high of 5,905.7 as investors’ confidence was buoyed by Greek politicians finally approving a new set of austerity measures. However, the move triggered civil unrest on the streets of Athens with the most violent clashes since the country’s disastrous financial situation was laid bare. The [...]
FTSE down as investors look again at weak Eurozone data February 22, 2012 BRITAIN’S leading share index edged lower yesterday as investors refocused on fundamentals, specifically weaker-than-expected Eurozone data, with the Greek debt restructuring theatricals out of the way for now. Recession concerns increased after data showed the Eurozone’s service sector unexpectedly shrank in February, with Europe being Britain’s main market for its goods. “The FTSE ends the [...]
DS Smith in £1.3bn deal for packager January 17, 2012 DS Smith is buying the recycled packaging operations of Svenska Cellulosa Aktiebolaget for €1.6bn (£1.3bn) in a move to secure more business from the world’s top consumer goods companies. The company said the acquisition, which excludes two mills in Sweden that use virgin pulp, would be financed by a combination of debt and £466m from [...]