JET SHOWROOM LANDS IN LONDON March 5, 2012 The childhood dream is to sit in the cockpit of an aeroplane; the corporate dream is to own one. And now you can do both. The world’s first corporate aviation showroom, The Jet Business, has just opened on your doorstep, based in one of London’s greenest areas (and we mean dollars, not just Hyde Park). [...]
Imagination knows no bounds December 13, 2011 Imagination Technologies, software creator for the graphics chips used in smartphones, yesterday reported a half-year revenue of £56.3m, an increase of 28 per cent on the same period last year. Royalties for the six months were up 26 per cent while licensing revenue rose 65 per cent. Pre-tax profit jumped 35 per cent to £10.4m.
GENERATING A BUSINESS OUT OF GOOD IDEAS March 11, 2012 PEOPLE have brilliant ideas every day. That eureka moment that makes you stop and think, if I could invent a solution to this problem, I would make millions. But where do you go from there? Unsurprisingly, most people grind to a halt once they have had that all important light bulb moment and do not [...]
Ebooks lead to growth at Bloomsbury January 16, 2012 THE CHRISTMAS boost in e-reader sales led to a strong quarter for Bloomsbury, the London-based publisher, which reported significant growth in its digital department. For the September to December period inclusive, Bloomsbury saw a 38 per cent increase in ebook sales compared to the same quarter the previous year. Over a million electronic reading devices [...]
Cairn launches its $3.5bn payout plan January 10, 2012 OIL explorer Cairn Energy yesterday said it would return £1.60 per share in cash to investors as it activated its plan to distribute $3.5bn (£2.26bn) from the proceeds of the part sale of its Indian oil business. Cairn announced that shareholders could opt to receive the cash as income, capital or a combination of both. [...]
Cairn launches its $3.5bn payout plan January 10, 2012 OIL explorer Cairn Energy yesterday said it would return £1.60 per share in cash to investors as it activated its plan to distribute $3.5bn (£2.26bn) from the proceeds of the part sale of its Indian oil business. Cairn announced that shareholders could opt to receive the cash as income, capital or a combination of both. [...]
BEST OF THE BROKERS January 9, 2012 ARM HOLDINGS FinnCap rates the Cambridge-based chipmaker as a “hold” with a target price of 575p, saying the company is at the heart of the mobile revolution, with its low power products ubiquitous in smartphone and tablet processors. The broker says the shares are “worth picking up on a bad day”, with plenty of upside [...]
THE TIPSTER OMAHA’S ORACLE FEASTS AT THE BARGAIN BUFFET January 30, 2012 THE shares of Tesco plunged in mid-January after the retail giant announced an unexpected fall in Christmas sales. The sell-off took the price down through support at 350p and also broke the long-term up-trend. News that Warren Buffett increased his holding to 5 per cent from 3.2 per cent helped to lift the shares, but [...]
BEST OF THE BROKERS December 22, 2011 BEAZLEY Nomura rates the insurance group as “neutral” with a target price of 135p, after it confirmed its interest in fellow Lloyd’s insurer Hardy on Wednesday. The broker notes that Beazley will probably need external financing if it pushes ahead with the deal, as an improving rate outlook and interest from other parties could push [...]
High time for creating rooms fit for Royalty April 14, 2011 THE Royal Wedding is just two weeks away. Come on, be honest, you are kind of interested and a bit curious. The truth is that there is something fascinating about the lives of the English aristocracy. Perhaps it is the Jane Austen we read as teenagers or the English heritage sites we were dragged round [...]