Freesat reaches 1.8m households February 3, 2014 Freesat added 31,000 new homes during its fourth quarter bringing total installed base to over 1.8m households. Freesat, which offers subscription free satellite TV, is a joint venture between the BBC and ITV. “We’re pleased to say that our strong momentum has continued into the New Year with continued growth in household penetration and the [...]
Daisy wins Virgin Media contract February 3, 2014 Business communications provider, Daisy Group, yesterday signed a five-year agreement with Virgin Media to provide professional services and engineering support to the cable business. “Over the last year the group has acquired businesses that have represented a strong strategic fit, with particular emphasis on bolstering Daisy’s partner services offering and a continued move away from [...]
Creston sees advertising growth February 3, 2014 Communications group Creston reported increases in revenue and headline profit during the three months to 31 December yesterday. “We remain cautious with regard to the ongoing impact of the volatility in some of our clients’ marketing budgets but are reassured by the successful pitching for new business in the period,” said Creston in a management [...]
City Moves for 4 February 2014 | Who’s switching jobs February 3, 2014 Baker & McKenzie The law firm has announced the appointment of Julian Thurston as a consultant in its global pharmaceutical and healthcare industry group. He was most recently at Morrison & Foerster, where he was a consultant and partner specialising in commercial life sciences transactions. Deutsche Asset & Wealth Management Barbara Rupf Bee has joined DeAWM as head of [...]
Best of the Brokers for 4 February 2014 February 3, 2014 To appear in Best of the Brokers, email your research to notes@cityam.com SUPERGROUP Cantor Fitzgerald has raised its target price for the owner of the Superdry fashion label to 1,650p from 1,400p and kepts its “buy” recommendation. The broker expects the retailer to report third quarter like-for-like sales growth of three per cent and retail [...]
London Report: Lloyds PPI news leads the FTSE to six-week low February 3, 2014 BRITAIN’S top shares extended a recent slide yesterday, slipping firmly into negative territory after disappointing US data, with Lloyds leading banks lower after its latest update. The FTSE 100 was down 44.78 points at 6,465.66 by the close, a fall of 0.7 per cent, dropping to new six-week lows after last week’s 2.3 per cent [...]
New York Report: US stocks dive as new factory orders dry up February 3, 2014 US STOCKS slumped yesterday, with the S&P 500 suffering its worst drop since June, after weaker-than-expected data on the factory sector in the world’s largest economy provided investors with the latest reason to move away from riskier assets. US manufacturing grew at a slower pace in January as new order growth plunged by the most [...]
Premier League: Chelsea halt City’s title charge February 3, 2014 MANCHESTER CITY 0 vs CHELSEA 1 Mourinho credits club masseur for inspiring victory CHELSEA manager Jose Mourinho revealed a team-talk from masseur Billy McCulloch inspired last night’s victory against their title rivals. Branislav Ivanovic’s first-half strike was enough to move Chelsea level on points with second-placed City, and two behind leaders Arsenal, as Manuel Pellegrini [...]
Defeat just a small setback, says Pellegrini February 3, 2014 MANCHESTER City boss Manuel Pellegrini feels his team’s title chances have not suffered despite defeat to Chelsea in last night’s top of the table clash. City, without injured stalwarts Sergio Aguero and Fernandinho, missed the chance to return to the top of the Premier League as Branislav Ivanovic’s first-half goal ended an eight-match winning run. [...]
May back to boost England ahead of meeting with the Auld Enemy February 3, 2014 ENGLAND wing Jonny May last night handed head coach Stuart Lancaster a boost, when declared fit to take on Scotland on Saturday. May was replaced in the early stages of last weekend’s Six Nations opening day defeat to France with a broken nose. But the 23-year-old has been cleared for an immediate return to action [...]
