How one designs a web business fit for Royalty April 17, 2011 IN an era when the Queen is on Facebook and Clarence House has a Twitter feed, it is unsurprising that the royal wedding needs an official website. And, of course, that means that someone needed to design it – literally, designing a website fit for a king to be. The people behind it must, therefore, [...]
BEST OF THE BROKERS December 8, 2011 ANTOFAGASTA Nomura rates the miner a “buy” with a £16.50 target price as it sees the firm as a high-quality, long-life, low-cost copper pure-play. Its flagship operation, Los Pelambres, has relatively low costs and could double capacity by 2020, while its Esperanza copper-gold project could be expanded by 2016 to nearly triple production. Its Chile-focused [...]
ANALYST VIEWS: CAN EASYJET MAINTAIN ITS UPWARD MOMENTUM? November 15, 2011 GERT ZONNEVELD | PANMURE GORDON Forward bookings indicate a mid-single digit increase in seat revenue, but we are doubtful whether revenue increases can fully offset anticipated cost increases in the current year. But based on earnings forecasts we retain our “buy” recommendation and 450p target price. PETER HYDE | LIBERUM CAPITAL The Stelios situation should [...]
Gammell gets £5m windfall in Cairn sale December 8, 2011 VEDANTA Resources yesterday completed its $8.7bn (£5.5bn) purchase of a majority stake in Cairn Energy that will see Cairn chairman Sir Bill Gammell receiving a windfall of at least £5m. London-listed Vedanta now holds 58.5 per cent of Cairn India, of which 20 per cent is held through its Sesa Goa unit. Cairn Energy, which [...]
Virgin in tie up with Israel’s Strauss water November 20, 2011 ISRAELI food and beverage maker Strauss Group is setting up a joint venture with Virgin Group’s Virgin Green Fund to sell Strauss Water products in England and Ireland and later on in France, Australia and South Africa. The joint venture, in which Virgin Green Fund will initially invest $7.5m (£4.8m) and Strauss Water $2.5m, will [...]
IPOs set for November rebound in the US November 8, 2011 THE IPO machine is set to roar back into life this month with 16 floats due in the US. The 11 deals scheduled for next week will make it the busiest seven day period since November 2007, according to US investment advisor Renaissance Capital. The US listings include consumer reviews website Angie’s List, which wants to [...]
Spotify has the music world gripped – but it won’t be a panacea for squeezed artists November 13, 2011 SPOTIFY is taking over the world, wrapping its tentacles around the music industry like the alien flora from HG Wells’s War of the Worlds. Over the summer it finally announced its long (very, very long) awaited expansion into the US. Then came a transformative deal with Facebook, allowing users to log in and share music [...]
ARM results buck gloomy sector trend October 25, 2011 THE firm behind more than 95 per cent of smartphone chips yesterday reported a surge in profits, bucking the industry trend. ARM Holdings saw its third quarter sales rise 20 per cent to £120.2m, with profits jumping 44 per cent to £55.8m. It sold a greater than expected 28 licenses in the quarter, with new [...]
DOWNTON LORD LANDS IN THE LAP OF LUXURY November 14, 2011 HE SURVIVED the Great War and Spanish flu and yesterday Lord Grantham – aka the actor Hugh Bonneville – made his first public appearance since the end of series two of Downton Abbey to present the Walpole awards for excellence. No austerity measures at the luxury body’s annual gathering, held in association with Coutts – [...]
DOWNTON LORD LANDS IN THE LAP OF LUXURY November 14, 2011 HE SURVIVED the Great War and Spanish flu and yesterday Lord Grantham – aka the actor Hugh Bonneville – made his first public appearance since the end of series two of Downton Abbey to present the Walpole awards for excellence. No austerity measures at the luxury body’s annual gathering, held in association with Coutts – [...]