LSE slaps ERT for recklessness November 23, 2009 HYDER CONSULTING has boosted its international business to nearly three-quarters of total revenues, a move that has insulated it from the worst of the recession in the UK, the company said. Hyder, which specialises in design for infrastructure and engineering projects, yesterday said it would meet annual profit targets as it reported first-half results in [...]
Cost cuts keep profits on the boil at Campbell Soup November 23, 2009 CAMPBELL Soup reported a higher-than-expected quarterly profit yesterday, helped by price increases and easing costs for ingredients such as grain that offset a drop in sales. The world’s largest soup maker also raised its sales and profit expectations for the fiscal year. Sales fell 2.1 per cent to $2.2bn (£1.3bn) from a year ago. Campbell [...]
International focus drives Hyder higher November 23, 2009 CAMPBELL Soup reported a higher-than-expected quarterly profit yesterday, helped by price increases and easing costs for ingredients such as grain that offset a drop in sales. The world’s largest soup maker also raised its sales and profit expectations for the fiscal year. Sales fell 2.1 per cent to $2.2bn (£1.3bn) from a year ago. Campbell [...]
BEST OF THE BROKERS November 23, 2009 KINGFISHERCredit Suisse yesterday said it was upgrading its forecasts for Kingfisher in anticipation of its third quarter results on 3 December. The broker said that Kingfisher’s increased forecasts at the company’s interims has sparked a 23 per cent rise in its target price to 270p. The broker also noted the group’s short term margin recovery. [...]
Shell’s gas production is hit by a ten month delay in middle eastern project November 23, 2009 ROYAL Dutch Shell said yesterday it had delayed one of its largest schemes by almost a year, with the start-up for the $8bn (£4.8bn) Qatargas 4 liquefied natural gas project now planned for late 2010. The delay, which a Shell spokeswoman said was due to contractors struggling to keep up with the pace of developments [...]
Strauss reins in Trott hype November 23, 2009 ENGLAND skipper Andrew Strauss has attempted to ease the pressure on batsman Jonathan Trott to replicate his eye-catching performances each time he steps up to the crease. Trott’s latest impressive display came in Sunday’s seven-wicket victory over South Africa, when the Warwickshire man bludgeoned 87 in only his second one-day international. That followed an equally [...]
IRB to ponder rule changes November 23, 2009 ENGLAND chiefs insist they would support changes in the rules to make the game safer, following a litany of injuries to Test stars. National team boss Martin Johnson was deprived of a host of regulars ahead of the autumn internationals, while at any one time around a quarter of Premiership players are in the treatment [...]
Nadal rocked by early loss November 23, 2009 WORLD No2 Rafael Nadal’s ATP World Tour Finals in London got off to the worst possible start with a straight-sets loss to Sweden’s Robin Soderling. The Spaniard, who has not won a tournament since May following a series of injuries, went down 6-4, 6-4 in the Group B match at the O2 Arena. Defeat was [...]
