Go commando: Military tactics for businesses August 5, 2015 Invest in onboard training and establish a dynamic of trust While the aggressive nature of business is often wryly compared with armed conflict, commerce might do well to adopt some military practices. According to a working paper by the US National Bureau of Economic Research, chief executives with military experience were found to be [...]
Tax-free savings: Double up your pension relief August 5, 2015 Transitional rules mean savers could have twice their annual allowance before April Higher earners may have a golden opportunity to lock away more money tax-free in their pensions this year, before pension tax relief is cut next April. Currently, people can put £40,000 of their earnings into a pension each year, without paying [...]
Best of the Brokers for 05 August 2015 August 5, 2015 To appear in Best of the Brokers, email your research to notes@cityam.com Coca-Cola Hellenic Shore Capital expects Coca-Cola Hellenic to post strong volume growth but be hit by foreign exchange headwinds in its first-half results, due out next week. The broker kept its “sell” rating and 1,306p target price, but said a tough environment in [...]
FTSE treads water as a mixed bag of results peg market – London Report August 5, 2015 Top UK shares ended yesterday on a flat note, with the market pegged back by a mixed bag of corporate earnings and a $30bn (£19bn) bid from drugmaker Shire to buy rival Baxalta. The FTSE 100 lost 2.05 points, 0.03 per cent, on the day, closing at 6,686.57 points. The index’s skew towards mining and [...]
Ribena and Capri Sun fall victim to Tesco health drive – Brand Index August 5, 2015 Ribena and Capri Sun have become Tesco’s first victims of the retail chain’s decision to help customers make healthier choices and to tackle the serious issue of childhood health. So the high street giant has removed small, lunchbox sized versions of the children’s – and some parents’ – favourite. Although health campaigns reacted positively to [...]
Maggie’s midnight stroll is a cake walk August 5, 2015 If you were around St Paul’s yesterday, you may have spotted the team at cancer charity Maggie’s handing out treats. They’ve been whipping up support for their midnight Culture Crawl in September. City teams (including City A.M.) will take a walking tour of London’s most historic landmarks in the dead of night. Come along!
Lewis hopes to recover from his bad hair day August 5, 2015 FOLLOWING his chaotic drive at the Hungarian Grand Prix, we expect Lewis Hamilton is getting his head down to train hard during the mid-season break. But some folks have been paying more attention to his head than the next race. Since the grand reveal of Hamilton’s interesting braids, the bookies are offering odds on what [...]
Insurer Direct Line pushes profit up by 50pc in first half of 2015 August 5, 2015 SHARES in insurance group Direct Line were up yesterday by 2.68 per cent, after the firm, which owns the Churchill brand, posted an increase in profit for the six months to 30 June. Pre-tax profit from ongoing operations jumped to £315m from £212m in the same period of last year. Gross written premium increased slightly [...]
Chinese tourists help Hugo boss the market August 5, 2015 German fashion house Hugo Boss said Chinese tourists flocking to Europe helped sales rise more than expected in the second quarter. Sales rose 16 per cent to €647m (£454m), ahead of average analyst forecasts, while net profit rose 13 per cent to €71m.
Avengers come to the aid of Disney August 5, 2015 Walt Disney’s revenue missed Wall Street expectations for the first time in eight quarters, mainly due to lower attendance and occupied room nights at its Paris and Hong Kong resorts. However, its studio business recorded a profit of $472m, (£303m) up from $411m a year earlier, aided by the success of Avengers: Age of Ultron.
