WHAT THE OTHER PAPERS SAY THIS MORNING June 7, 2010 FINANCIAL TIMES ROCKHOPPER set for $40m CASh CALL Rockhopper, the first explorer to find oil on the Falkland Islands, is priming a £40m cash call that could be launched this week. The Aim-quoted oil company, one of three small UK wildcat explorers drilling for Falklands oil, has been working with broker Canaccord Adams to sound [...]
How to have the perfect World Cup at home June 2, 2010 1 Slingbox Pro With World Cup viewing forecast to cost businesses £11.6m this year as matches collide with the working day, make sure you can skive with the best of them. The Slingbox Pro enables you to channel your TV through the internet to your computer or mobile device, wherever you are. Simply set up [...]
Regus profits fall but bright outlook ahead March 22, 2010 SERVICED office provider Regus yesterday said full-year pre-tax profits fell 42 per cent as the recession took its toll on small business, and warned its outlook remained unclear. Regus said the UK workspace picture remains hazy as it posted a fall in turnover from £1.077bn to £1.055bn with pre-tax profits of £86.9m compared with £149.2m [...]
Liberty unveils demerger as profits tumble March 9, 2010 LIBERTY International will split its retail and commercial property businesses in a bid to “achieve greater value for shareholders.” The shopping centres arm of the business will become a real estate investment trust (REIT) called Capital Shopping Centres (CSC) with a market cap of around £2bn. And its London based portfolio will become Capital & [...]
You should shop elsewhere March 9, 2010 LIBERTY didn’t suffer as much as rivals during the recession, which is why it isn’t bouncing back quite so energetically. Consensus forecast for net asset value (NAV) per share was between 480p and 500p, but those expectations were always too high. That said, even the bears were disappointed by the actual NAV per share of [...]
SMEs survive the recession November 8, 2009 SMALL and medium enterprises (SMEs) have proved more resilient to the recession than previously thought, according to new research published today by Kingston University. As a result of their greater flexibility and ability to adapt to changing conditions, the research found that nearly half of all SMEs were able to either maintain or increase their [...]
CAREERS CLINIC November 4, 2009 RICHARD REID, PINNACLE PROACTIVE I’m stuck in a rut in my job, but don’t want to leave my company at the moment. What can I do to feel more enthusiastic about my working life? THE most important thing you can do is to speak to someone – your manager, an HR person, even colleagues. Suffering [...]
REVEALED: HUGE COST OF BBC MOVE August 5, 2009 THE BBC’s controversial decision to move part of its operations to Salford will cost a staggering £876m, City A.M. can reveal, provoking outrage among the state-funded broadcaster’s commercial rivals. And according to confidential documents leaked to this newspaper, moving the five divisions – which include sports and children’s – to Salford’s Media City development near [...]
BEST OF THE BROKERS June 15, 2009 WORKSPACE GROUPPanmure Gordon upgraded its 2010 estimated dividend per share and net asset value for Workspace Group. The broker was encouraged by Workspace’s final results and feels it is de-risked following its rights issue, debt restructuring and ongoing disposal programme. The analysts rate the stock as a “buy” with a target of 20p. BRITISH AIRWAYSBA’s [...]
Workspace rises on higher NAV June 8, 2009 Workspace Group, the small business landlord, reported a wider full-year pre-tax loss on a decline in commercial property values, but shares of the company rose as its net asset value per share came in ahead of market estimates. The firm posted a pre-tax loss of £360.4m for the year to the end of March, compared [...]