Bottom Line: Ocado profits set to come in the nick of time February 4, 2014 OCADO’S detractors are starting to wear a little thin. For three-and-a-half years – since its market debut in July 2010 at 180p – investors have mostly stuck around as the price fluctuated between 54p to recent record highs close to 10 times that. For the most part, the upward trajectory has been uninterrupted since Sir [...]
How creative destruction is sweeping through Britain’s high streets December 12, 2013 2013 has been a year of rapid change for the UK's high streets, with Blockbuster announcing today that a buyer can't be found for its ailing outlets. Many commentators have bemoaned the shifting landscape of the high street, and mourned the loss of the old and familiar. These complaints are nothing new. The disruption of [...]
Gifts for her December 10, 2013 Your guide to what to buy the ladies in your life this Christmas ◆ Technology ◆ Accessories ◆ Drinks ◆ Toys ◆ Food Great gadgets… Our pick of the tech must-haves this festive season Cuisinart ice cream and gelato maker £250.00 cuisinart.co.uk Frends white leather and gold Taylor headphones £170.00 avenue32.com iBed £12.00 sciencemuseumshop.co.uk Xbox [...]
Domino’s CEO resigns for new role in private equity backed firm December 6, 2013 The chief executive of Domino's Pizza Group, Lance Batchelor has resigned and will be leaving for a new job from 30 April 2014. Chairman of Domino's Pizza Group, Stephen Hemsley commented: Lance has been offered a new role in a significant private equity backed company and as a result has tendered his resignation. His new [...]
Inmarsat launches satellite in £1bn mobile broadband project December 8, 2013 INMARSAT yesterday launched Britain’s biggest commercial space project as the first of its three satellites took off. The London-based firm has invested £1bn in the Global Xpress fleet, to create the world’s first high-speed, worldwide mobile broadband service. Inmarsat aims to launch all three satellites by the end of next year to deliver broadband services [...]
Saga puts retail investor at heart of London float April 30, 2014 SAGA, the over-50s holidays-to-insurance provider, yesterday unveiled plans for the biggest flotation in London this year, as a stampede of silver haired savers registered to snap up shares in the listing. The business, which was founded by east end hotelier Sidney De Haan in 1950, said it would raise £550m in an initial public offering [...]
The Long View: Bill Gates is gone and the dot-com era is over: It’s only the end of the beginning February 6, 2014 AS FACEBOOK turns ten, and with Bill Gates stepping down as Microsoft chairman, it feels like something is drawing to an end. But if so, it is only the end of the technological revolution’s beginning. It is extraordinary to look back now and think how visionary both Gates and Facebook’s Mark Zuckerberg were: Gates saw [...]
Sales of Nelson Mandela’s memoirs are up by nearly 15,000pc as the world remembers South Africa’s greatest leader December 6, 2013 After the passing of South Africa's first black President, sales of his autobiography are soaring on Amazon UK. His works occupy all of the top three spots on the site's "Movers and Shakers" index. Nelson Mandela passed away on 5 December at his Johannesburg home, where he had been receiving intensive medical care for a [...]
10 energy efficiency gadgets November 13, 2013 Never mind the price hikes with these nifty gizmos British Gas App Free The British Gas App for iOS and Android makes it easy to keep on top of your energy consumption and payments. It’s never been simpler to submit your meter readings, view your balance, track your energy usage or book an engineer. play.google.com [...]
Best of the Brokers for 29 November 2013 November 28, 2013 To appear in Best of the Brokers, email your research to notes@cityam.com BETFAIR Betfair’s odds are looking good according to Numis analysts’ report ahead of interim results next week. The broker has a buy rating and 1,200p target price, and believes Betfair will give hints about where its strategy is heading, along with a four [...]