Bigotgate overshadows fiscal crisis April 28, 2010 SO FAR during this election campaign, only two events, both televised, have had a real effect, capturing the public’s imagination. The first leaders’ debate triggered the vertiginous rise of Nick Clegg, whose LibDem party gained over ten percentage points in the polls in just 90 minutes without him needing to say anything new; and then [...]
Buybacks are back in vogue and stocks will feel the effect April 25, 2010 ONE of the few miracles of this recession is just how well corporate balance sheets have held up. While economic growth has chugged back to life, firms have paid down debt and boosted their cash reserves. So the question is, what will companies do with all of this extra cash? Well, they have already increased [...]
Merlin’s magical results mean IPO could happen March 9, 2010 Merlin Entertainments is ready to make a sensational U-turn and resurrect its shelved flotation plans. The change of heart follows the release of tub thumping results by the London Eye owner, with Ebitda shooting up 16.6 per cent last year to £238.6m. Merlin’s revenue for 2009 rose 16.1 per cent to £769m, translating to 9.4 [...]
Domino’s eyes further gains July 20, 2009 DOMINO’S , the pizza delivery chain, yesterday showed it was slicing its way through the downturn, reporting a 25.2 per cent jump in pre-tax profit to £13.6m from £10.9m a year earlier, as the trend for dining at home shows no signs of abating. Sales at the pizza chain are booming, with like-for-like sales up [...]
Domino’s eyes further gains July 20, 2009 DOMINO’S , the pizza delivery chain, yesterday showed it was slicing its way through the downturn, reporting a 25.2 per cent jump in pre-tax profit to £13.6m from £10.9m a year earlier, as the trend for dining at home shows no signs of abating. Sales at the pizza chain are booming, with like-for-like sales up [...]
Lloyds boss Daniels to waive bonus February 22, 2010 LLOYDS Banking Group chief executive Eric Daniels yesterday bowed to populist acrimony over City remuneration by becoming the fourth major bank boss in a week to surrender his contractual bonus for the year. Daniels had been entitled to a potential maximum payout of £6.5m for the 2009 financial year, of which just £1.04m represents his [...]
THE TIPSTER PROFIT FROM THE SELL-OFF AND BUY CHEAP February 14, 2010 A STRONGER dollar and concerns about the global economic outlook have caused a pullback in commodity prices in recent weeks. This has put downward pressure on the shares of oil majors such as BP and Shell, which have both fallen 10 per cent since 12 January. By buying these at current levels, you are getting [...]
DOMINO’S TAKES A SLICE FROM DRESDNER July 2, 2009 TAKEAWAY pizza firm, Domino’s Pizza, yesterday bought an equipment leasing business from Dresdner Kleinwort Leasing. The pizza chain is acquiring the entire issued share capital of Dresdner Kleinwort Leasing for an initial consideration of £26,000 and a deferred consideration of up to £15m to be paid from £2011 until £2016, depending on undisclosed conditions.
DOMINO’S TAKES A SLICE FROM DRESDNER July 2, 2009 TAKEAWAY pizza firm, Domino’s Pizza, yesterday bought an equipment leasing business from Dresdner Kleinwort Leasing. The pizza chain is acquiring the entire issued share capital of Dresdner Kleinwort Leasing for an initial consideration of £26,000 and a deferred consideration of up to £15m to be paid from £2011 until £2016, depending on undisclosed conditions.
From Russia with love – and money January 24, 2010 THE OLIGARCH’S WIFE By ANNA BLUNDY Preface, £12.99 Anna Blundy, an impossibly glamorous-looking journalist and daughter of the late foreign correspondent Peter Blundy, knows her subject well. A graduate of a Russian at Oxford, she lived in Russia first as a translator, then a blues singer and then as foreign correspondent for a national newspaper. [...]