Brit athletes came of age August 12, 2012 HOPES were high in sporting circles that Great Britain would enjoy a vintage Olympics; after all, host nations typically experience a spike in performance. But few imagined the last two weeks could go as well as they did, with records tumbling like dominoes, new talent emerging and a few stars ascending to true greatness. Mo [...]
Domino’s on track thanks to new ranges September 28, 2011 Pizza delivery firm Domino’s Pizza said it was on track to meet full year expectations after sales growth accelerated, benefiting from the launch of new stuffed crust and ‘Gourmet’ ranges. The company, which runs the British and Irish franchises of the global delivery brand, said its stuffed crust range had proved popular after being launched [...]
US stocks drop on pessimism over EU talks June 25, 2012 US stocks fell sharply yesterday, putting the S&P 500 near break-even for June so far, as investors saw little reason to be optimistic about a European Union summit this week. Markets remain sensitive to European headlines as the region’s spiraling debt crisis could wreak further havoc on a slowing global economy. Financial and energy stocks [...]
Pain in Spain will continue to reign June 11, 2012 AFTER opening to a flurry of optimism – following this weekend’s agreement to bail out Spanish banks – stock markets had sunk back down by the end of yesterday. It’s business as usual for Europe, and business is usually pretty bad right now. “Friday’s late price action on the Ibex 35 was indicative – traders [...]
RAPID responses May 20, 2012 Don’t forget Cyprus For obvious reasons, we are most interested in the west European dimensions to the euro crisis, but why is so little attention given to the possibility of Cyprus leaving the euro simultaneously with Greece (or very nearly so)? In an interview on Tuesday’s Today programme, Vince Cable more or less conceded that [...]
Domino’s in sales lift on new ranges September 28, 2011 DOMINO’S Pizza has hailed the success of a new gourmet range and online ordering growth for a rise in sales. However, the firm’s shares fell almost 10 per cent as its growth missed targets. The delivery firm has promoted its new gourmet pizzas via sponsorship of ITV game show Red or Black. Domino’s increased advertising [...]
UK restaurant sector to strike £13bn by 2015 April 29, 2012 WHILE Britons continue to tighten their belts in hard economic times, one luxury that few of us seem to be prepared to give up is eating out. A new report by Allegra Strategies and Barclays forecasts that sales across the UK’s branded restaurants are set to grow by 22 per cent to £13.6bn by 2015 [...]
THE TIPSTER BELLWAY HOPES TO BUILD ON BOVIS GAINS March 26, 2012 WHEN Bellway Homes brings its trading update to the market today, shareholders will be looking for any cracks in the brickwork. The recent figures release from its peer Bovis should give guidance as to what’s to be expected, and positive coverage across the sector from Credit Suisse will only add to the hope that the [...]
BEST OF THE BROKERS February 12, 2012 DIAGEO Nomura raises its price target from 1,470p to 1,520p, and kept its rating as “neutral” after the world’s biggest spirits group posted a seven per cent rise in first-half operating profits last week to £1.87bn. Nomura said top and bottom line growth was marginally better than expected and raised its target price to reflect [...]
Domino’s to treble spend on marketing July 25, 2011 DOMINO’S Pizza yesterday forecast stronger sales growth in the second half of the year after reporting a 15 per cent rise in first-half profit. The company, which runs the British and Irish franchises of the global delivery brand, is planning to treble marketing spend in the second half compared with the same period last year, [...]