Prezzo revenue rises as its new outlets pay off September 8, 2010 PIZZA restaurant chain Prezzo yesterday reported a 21 per cent rise in first-half adjusted pre-tax profit, helped by new restaurant launches and improved margins, and said it was confident for the rest of the year. The company, which opened seven new restaurants during the first half, said current trading was in line with expectations. January [...]
BEST OF THE BROKERS September 8, 2010 STHREE Seymour Pierce upgraded the recruiter to a “buy” from “outperform” ahead of tomorrow’s trading update, with a target price of 330p. The broker notes SThree’s peers have indicated the jobs market is improving. OCADO Shore Capital maintains a “sell” rating on the grocer, with a target selling price of 157p. The broker says Ocado’s [...]
BEST OF THE BROKERS April 5, 2010 VODAFONE Collins Stewart has issued a “sell” recommendation on Vodafone after Ofcom’s mobile termination rate (MTR) proposals to bring down rates. Collins Stewart said that it could have a 20 per cent drag on Vodafone’s UK revenue by 2015. Over the four years Collins Stewart expect it will have a £330m impact on Vodafone profits. [...]
Prezzo posts profits falls as yield on cash tumbles September 9, 2009 PIZZA restaurant chain Prezzo posted a marginal fall in first-half pre-tax profits yesterday, mainly due to a sharply reduced yield on cash assets, but said it was currently trading in line with expectations. The company said it completed the first restaurant opening of the year and confirmed there were several more in the pipeline. For [...]
New York comes to Docklands October 12, 2009 Lower East Liquor Bar28 Westferry Circus, E14 8RRTel: 020 7536 2862 FOODSERVICEATMOSPHERECost in restaurant per person without wine: £25 THE Docklands’ great trump card, when it comes to leisure and lifestyle, is the river. Residents have access to the best views in town, immaculate riverside running paths and access to water transport (how jolly). Now [...]
New York comes to Docklands October 12, 2009 Lower East Liquor Bar28 Westferry Circus, E14 8RRTel: 020 7536 2862 FOODSERVICEATMOSPHERECost in restaurant per person without wine: £25 THE Docklands’ great trump card, when it comes to leisure and lifestyle, is the river. Residents have access to the best views in town, immaculate riverside running paths and access to water transport (how jolly). Now [...]