BEST OF THE BROKERS January 12, 2010 GREENE KING Collins Stewart believes Greene King is under valued and recommends investors “buy”. It says both growth and resilience are built into its business model and thinks its estimates are achievable. The availability of efficient debt allows the pub company continued investment when other firms are likely to struggle, it says. SABMILLER Evolution Securities [...]
Saints left to fly the flag for England January 24, 2010 NORTHAMPTON will lock horns with old foes Munster again after being left to carry the English flag alone in the Heineken Cup quarter-finals. The Saints qualified for the last eight as one of the best runners up after finishing behind the two-time champions in the Pool stages. But Jim Mallinder’s men are back on the [...]
SocGen picks footie trades February 8, 2010 HERE’S something to take England manager Fabio Capello’s mind off John Terry’s alleged misdemeanours. Countries hosting the World Cup enjoy a boost to economic growth and stockmarket performance not experienced by winners, according to Société Générale. Ahead of this summer’s tournament in South Africa, the French bank has put together a note advising investors on [...]
SPORT | IN BRIEF January 27, 2010 Ospreys face ‘extra man’ hearing RUGBY UNION: Leicester will discover tomorrow if their bid to be reinstated into the Heineken Cup is successful. The Tigers lodged a complaint to European Rugby Cup officials after Ospreys full-back Lee Byrne come on as a 16th man in their 17-12 victory last Saturday. The Ospreys have been called to [...]
Credit Suisse: February 2, 2010 AS might be expected for the largest retail float since Debenhams in 2006, a raft of investment banks have been brought in to guide New Look. Credit Suisse, Deutsche Bank and JPMorgan Cazenove are joint sponsors and bookrunners. Lazard is in on the bookrunning action, while Barclays, Lloyds TSB and RBS Hoare Govett are co-lead [...]
Injury crisis for Gatland as Phillips and Peel miss out January 18, 2010 WALES coach Warren Gatland has been left with a scrum-half injury crisis after Mike Phillips and Dwayne Peel failed to make the 35-man squad for the Six Nations squad. Phillips, the British and Irish Lions star, is Gatland’s first-choice No9 but has been out since October after injuring his foot playing for Ospreys against Clermont [...]
Borthwick gets nod to stay as England captain January 25, 2010 STEVE BORTHWICK has been confirmed as England’s captain for the Six Nations Championship. The Saracens lock has captained England in every Test since Martin Johnson took charge of the team in 2008, but came under fire for his performances in the autumn internationals. Johnson initially named his 32-man elite performance squad without identifying a captain, [...]
Cadbury deal is first in an M&A boom for 2010 January 20, 2010 KRAFT’S takeover of Cadbury will not change our love of Dairy Milks and Creme Eggs, but it will take time before we start thinking of Cadbury as an American, rather than a British, institution. Before the year is out, though, we might have to get used to other much-loved businesses going the same way. Market-watchers [...]
WHAT THE OTHER PAPERS SAY THIS MORNING March 25, 2010 FINANCIAL TIMES CHINESE COMPANIES DEBATE LINKS WITH GOOGLE A wave of Chinese businesses are reconsidering their ties with Google in the wake of the US internet company’s move to confront their government over internet censorship. The decision for companies like Sina, the web portal, or China Mobile, the telecoms operator, on whether to stay with [...]
Byrne cleared of ban and free to fire the Dragons February 2, 2010 WALES full-back Lee Byrne was last night cleared to take on England at Twickenham on Saturday after having his two-match ban overturned by European Rugby Cup chiefs. The 29-year-old was initially ruled out of the Six Nations opener following his brief appearance as an illegal 16th man in the Ospreys’ Heineken Cup victory over Leicester. [...]