Premier Farnell optimistic despite tumbling profits September 3, 2009 ELECTRICAL components distributor Premier Farnell posted a 10 per cent drop in second-quarter profit yesterday although it said it saw signs of improvement in August sales. Premier Farnell distributes items from batteries to microchips to companies such as Philips and Microsoft and also counts Nokia and Eriksson among its customers. Profit before tax fell 10 [...]
BEST OF THE BROKERS September 3, 2009 INMARSATGoldman Sachs said that Inmarsat’s recent underperformance has created an opportunity to invest in the shares. It believes there is 38 per cent potential upside to its 712p 12-month price target and has now added the stock as an “outperform” to its UK relative value list. DSG INTERNATIONALDSGI’s good sales figures deserved a better share [...]
Hays buoyed by public sector September 3, 2009 RECRUITMENTgroup Hays said yesterday that it has experienced the most challenging year on record, but that demand for workers in the pubic sector had helped support its earnings. The recruiter said that net fees from the public sector – which accounts for a third of its UK business – had risen by five per cent [...]
Shire’s Intuniv gets the nod in US September 3, 2009 Pharmaceutical firm Shire has received approval from US regulators for its extended-release hyperactivity drug Intuniv, and expects it to be available in US pharmacies in November. The company, which is Britain’s third largest drugmaker, is also pinning its hopes on a new human genetic therapies division that makes medicines to treat a range of rare [...]
Recession boosts McBride September 3, 2009 McBride, Europe’s biggest maker of retailer own-brand household products, posted a 34 per cent rise in annual profit yesterday as cash-strapped consumers downgrade in the downturn. The firm, which supplies supermarkets like Tesco and Carrefour with own-label goods ranging from dishwasher tablets to deodorant, said it made operating profit before one-off items and goodwill of [...]
Pound stores pull posh punters September 3, 2009 The number of pound stores has risen by 60 per cent in the last two years as posh shoppers have developed an eye for a bargain in the downturn. According to new research by the Local Data Company, just under half of the 1,423 discount stores are in London and the South East and, for [...]
Fearless Fallon to mark return to the saddle with Sprint Cup win September 3, 2009 THE NEXT chapter in the incredible Kieren Fallon story will be written at Haydock Park tomorrow when he takes his first Group One ride after serving out his latest suspension. The controversial, yet undeniably brilliant jockey is set to ride Royal Ascot winner HIGH STANDING for Willie Haggas in the Betfred Sprint Cup. There are [...]
the INSIDER September 3, 2009 THIS WEEK the focus has been on jockeys and specifically Kieren Fallon. Having K Fallon ‘Airfixed’ next to a runner is definitely a massive plus, the former champ has a great feel for race riding and a list of strategies longer than an NFL play book. The other jockey in the news is Christophe Soumillon, [...]
Back hero Broad in ODI September 3, 2009 ENGLAND vs AUSTRALIA1ST ODI, TODAY 1PM, SKY SPORTS 1 THE JUBILATION of England’s Ashes victory soon gave way to the fiasco that was the aborted Twenty20 series. With those two games brushed under the proverbial carpet, the upcoming exhaustive seven-match one day series gives Australia the chance to return home with a little pride, even [...]
Expect goals in Slovenia’s debut against sharp-shooting England September 3, 2009 ENGLAND vs SLOVENIATOMORROW 5.30PM, ITV1 INTERNATIONAL friendlies do not often prove to be fertile ground for a worthwhile bet, especially when one of the world’s best footballing nations is taking on a comparative minnow. The outcome is usually only just short of certain, but there is little money to be made, as is the case [...]
