Farage predicts a political earthquake April 22, 2014 Ukip’s leader Nigel Farage is predicting a political “earthquake” if his party does well in the European elections next month. Speaking at the launch of his party’s campaign in Sheffield yesterday, Farage said: “If Ukip win these elections, a referendum and an opportunity for us to get back control of our country will be one [...]
Brand Index: Users take time to get the message on Facebook changes April 22, 2014 IN A recent interview, Facebook boss Mark Zuckerberg revealed that a major plank of the company’s growth strategy is to diversify its offering into many smartphone apps. The aim is to create different programmes to serve users’ needs, rather than trying to make the main Facebook platform all things to all people. Users were given [...]
Old Mutual ups Boohoo stake April 22, 2014 FTSE 100 listed finance group Old Mutual, home of top investor Richard Buxton, has upped its stake in online fashion retailer Boohoo, helping it become one of the firm’s biggest institutional shareholders. The company yesterday revealed it had amassed a 9.4 per cent stake in the Manchester-based company, which floated on the London stock market [...]
Stock exchange ditches auditor April 22, 2014 THE LONDON Stock Exchange has picked EY as its new auditor, becoming the latest blue-chip company to shake up its accounting relationship. PwC has audited the LSE’s books since the accounting group was formed in 1998 from the merger of Price Waterhouse and Coopers & Lybrand. EY, formerly known as Ernst & Young, will take on [...]
Pets at Home hit by lower target price from bank April 22, 2014 GOLDMAN Sachs, one of the banks that advised on the recent £1.23bn flotation of Pets at Home, initiated research on the company yesterday with a target price for the stock of 242p – or 3p below the 245p flotation price. The research note from Goldman will inevitably anger some of the original investors in the [...]
AT&T dials up strong revenue as wireless contract sales increase April 22, 2014 AT&T last night reported a strong first quarter, with its best revenue growth in more than two years. America’s second largest telecoms company said last night that its results had been boosted by increased sales of wireless plans. Randall Stephenson, AT&T chairman and chief executive, said: “Customers really like the new mobility value proposition and [...]
Profits soar at Comcast helped by NBC strength April 22, 2014 BROADCAST network Comcast has posted healthy first-quarter results, helped by advertising revenue income from the NBC network. America’s largest cable operator revealed net income in the quarter of $1.87bn, up from $1.44bn a year ago. Revenue grew 14 per cent to $17.4bn. The results beat analyst expectations, and shares were trading up as markets closed [...]
Ukraine peace deal unravelling fast as violence flares in the east April 22, 2014 A FRAGILE peace deal, agreed between Russia and Ukraine last Thursday, looks to be unravelling after reports that two pro-Ukrainian supporters, one a politician, were tortured and killed emerged yesterday. Acting Ukrainian President Oleksandr Turchynov called for counter-terrorist operations, suspended last week as part of the peace deal, to resume in eastern Ukraine. “The terrorists [...]
Harley-Davidson roars to bumper profits April 22, 2014 HARLEY-DAVIDSON posted a stronger-than-expected quarterly profit yesterday, lifted by strong sales growth outside its core North American market, sending its shares more than seven per cent higher. The Milwaukee-based bike company reported first-quarter net income of $265.9m, or $1.21 a share, up from $224.1m, or 99 cents a share, a year earlier.
By George! Cam wants us to give our saint a party April 22, 2014 HAVE you been prepping for your St George’s Day celebrations? It’s 23 April today, so surely you’ve had this evening planned for weeks? No, us neither, but the Prime Minister has rolled up his tweeds, settled into a cup of Yorkshire and launched an effort to make St George’s Day more of a, erm, day. [...]