Best of the Brokers September 9, 2012 DIXONS Kate Calvert at Seymour Pierce has upgraded Dixons, owner of the Currys and PC World electronics chains, from “Hold” to “Buy” with a target price of 24p. The move is to reflect strong momentum in its core UK and Scandinavian businesses driven by “market consolidation and a strong innovation pipeline”. She says the firm [...]
Domino’s sales speed up January 4, 2012 Britain’s biggest pizza delivery firm Domino’s Pizza said its sales growth had accelerated in the fourth quarter and its 2011 profit would be in line with market expectations. Domino’s, which operates the British and Irish franchises of the global delivery brand, said sales at its 604 shops open more than a year were up 3.6 [...]
Portillo to reveal shortlist for prize held by Bad Government September 24, 2012 LAST year’s winner was the imaginatively titled Bad Government by Henrietta Simpson. And tonight Michael Portillo will announce the shortlisted artworks for the 2012 annual Threadneedle Prize for Painting and Sculpture. The prize, sponsored by the London-based investment manager Threadneedle Investments, has been increased this year to £30,000, making the accolade the country’s most valuable [...]
City Moves | Who’s switching Jobs August 15, 2012 Troika Dialog The investment banking division of Sberbank has appointed Dean Tyler as managing director, head of international fixed income sales. He joins its London office from VTB Capital, where he was head of its fixed income sales team. Tyler has also held senior roles at ING Bank and F&C Asset Management. Scottish Widows Investment [...]
Domino’s sales growth fuelled by a rise in online ordering habits January 4, 2012 BRITAIN’S biggest pizza delivery firm Domino’s Pizza said its sales growth had accelerated in the fourth quarter and its 2011 profits would be in line with market expectations. Domino’s, which operates the British and Irish franchises of the global delivery brand, said sales at its 604 shops open more than a year were up 3.6 [...]
Domino’s sales growth fuelled by a rise in online ordering habits January 4, 2012 BRITAIN’S biggest pizza delivery firm Domino’s Pizza said its sales growth had accelerated in the fourth quarter and its 2011 profits would be in line with market expectations. Domino’s, which operates the British and Irish franchises of the global delivery brand, said sales at its 604 shops open more than a year were up 3.6 [...]
Rudderless ship turns to Agius in hunt for CEO July 3, 2012 AS BARCLAYS’ top management continued to fall like dominoes yesterday, the bank was forced to turn to outgoing chairman Marcus Agius to lead its hunt for a successor to Bob Diamond. Agius, the first scalp to be claimed as a result of the Libor scandal, announced his intention to leave the bank on Monday morning. [...]
German Domino’s bids to go large November 28, 2011 The fledgling German operation of Domino’s Pizza UK & IRL could grow to be twice as big as the UK business, incoming chief executive Lance Batchelor said yesterday. Domino’s, which operates the British and Irish franchises of the global delivery brand and opened its first stores in Germany this year, believes the German market could [...]
German Domino’s bids to go large November 28, 2011 The fledgling German operation of Domino’s Pizza UK & IRL could grow to be twice as big as the UK business, incoming chief executive Lance Batchelor said yesterday. Domino’s, which operates the British and Irish franchises of the global delivery brand and opened its first stores in Germany this year, believes the German market could [...]
BEST of the BROKERS May 22, 2012 DOMINO’S PIZZA Liberum Capital has upgraded the pizza delivery company from “sell” to “hold” with a target price of 414p, and raises its full-year earnings per share by five per cent. The broker says Domino’s should benefit from the recent bad weather, and expects a strong trading update on 23 July. INVESTEC Numis rates the [...]