HMV shares dive as profit warning hits January 5, 2011 SHARES in HMV Group plunged by more than a fifth at one stage yesterday as it issued a profit warning while admitting that it was struggling to meet the terms of a loan covenant. The music and DVD retailer – which also owns Waterstone’s bookshops and a string of live venues – plans to close [...]
HMV shares dive as profit warning hits January 5, 2011 SHARES in HMV Group plunged by more than a fifth at one stage yesterday as it issued a profit warning while admitting that it was struggling to meet the terms of a loan covenant. The music and DVD retailer – which also owns Waterstone’s bookshops and a string of live venues – plans to close [...]
Morrisons sees slim Xmas lift January 10, 2011 WM MORRISON Supermarkets posted a modest rise in Christmas sales yesterday, held back by disruption from severe weather and a tough consumer backdrop. Britain’s fourth-biggest grocer behind market leaders Tesco, Asda and J Sainsbury said sales at stores open at least a year rose one per cent, excluding fuel and VAT, in the six weeks [...]
Weld’s Concorde looks Majestic National bet each-way at 33/1 April 7, 2011 The John Smith’s Grand National really is the race of dreams; the stuff of legend. Anyone who witnessed Tony McCoy’s post-race reaction to finally landing the world’s most famous race at the 15th attempt last year, will know how much it means to a jockey to have this race on his CV. However, trying to [...]
TRADERS GO BANANAS AT ICAP DAY OF DONATIONS December 8, 2010 IT was that time of year again, yesterday – the time for ICAP to unleash the creative instincts of its traders in a four-floor extravaganza of frenzied fancy dress, Flintstone toy cars and beer bottles. The annual ICAP charity day is by now something of a global institution, a day on which the firm’s thousands [...]
TRADERS GO BANANAS AT ICAP DAY OF DONATIONS December 8, 2010 IT was that time of year again, yesterday – the time for ICAP to unleash the creative instincts of its traders in a four-floor extravaganza of frenzied fancy dress, Flintstone toy cars and beer bottles. The annual ICAP charity day is by now something of a global institution, a day on which the firm’s thousands [...]
Northern Foods still open to other takeover bids says CEO January 13, 2011 NORTHERN Foods reported in line Christmas trading yesterday, as its acting chief executive said the door was open for tycoon Ranjit Boparan to make a counter bid that could derail its merger plans. Northern Foods is set to put its £1.7bn merger with Irish food manufacturer Greencore to a shareholder vote on 31 January, but [...]
Delay could prove fatal for Gartmore December 20, 2010 HENDERSON is unlikely to agree an acceptable offer for Gartmore before the Christmas break, sources close to Henderson say, raising the risk that the embattled fund manager could collapse before a deal is done. Henderson confirmed yesterday it is in negotiations to snap up its stalling rival and is said to have offered 95p per [...]
Delay could prove fatal for Gartmore December 20, 2010 HENDERSON is unlikely to agree an acceptable offer for Gartmore before the Christmas break, sources close to Henderson say, raising the risk that the embattled fund manager could collapse before a deal is done. Henderson confirmed yesterday it is in negotiations to snap up its stalling rival and is said to have offered 95p per [...]
Lib Dems gear up for a bumpy ride with Cable on the ropes December 21, 2010 EVEN as the story of business secretary Vince Cable’s indiscretions broke late on Monday, campaigners linked with the the office of Liberal Democrat deputy leader Simon Hughes were frantically sending out press releases. Surely an example of an impressive scale-up of the famously scatty Lib Dem media operation? Er, not quite. “Don’t use King’s Stairs [...]