New products help PZ Cussons lather up sales September 25, 2013 PRODUCT launches and flat costs have helped consumer goods group PZ Cussons trade in line with forecasts since June, the firm said in an update yesterday. The firm, which relaunched Imperial Leather over the summer, said the appointment of Kate Moss as a brand ambassador had also given a boost to its St Tropez fake [...]
Canadian entertainment group boosted by media acquisition September 25, 2013 ENTERTAINMENT One yesterday reported that its revenues are significantly higher for the year so far, compared to 2012, on the back of its purchase of Alliance Films in January. In the trading statement the Canadian entertainment company said its full-year earnings are expected to be in line with management expectations. “Digital revenues in the division [...]
Analyst Views: Are you impressed by PZ Cussons’ trading update? September 25, 2013 DARREN SHIRLEY SHORE CAPITAL“There’s a similar sort of momentum to this update as there was at the end of the [financial] year. There is some robust commentary about the performance in the UK. But particularly in the Nigerian business, the important period will be the next quarter. I would be surprised if there were any [...]
HBO swoops for Sky Living comedy series September 25, 2013 US NETWORK HBO yesterday snapped up the North American broadcast rights for a new Sky Living comedy series, written by and starring The Newsroom’s Emily Mortimer (right). Doll & Em, a six-part series produced by Mortimer and Alessandro Nivola’s King Bee Productions, will air on Sky this year.
Daily Mail owner warns of falling revenues after London Olympics September 25, 2013 DAILY Mail and General Trust, the British group that owns newspaper and media titles including the Daily Mail and Metro, warned yesterday that revenues for the group are down eight per cent during the 11 months to August 2013. “During July, August and September 2013, year-on-year advertising comparisons were adversely impacted by the Olympics and [...]
Amazon unveils new Kindle Fire tablet collection September 25, 2013 ONLINE retail giant Amazon has introduced a new line up of Kindle Fire HDX tablets as the online retail giant gears up for the holiday season. The new Kindle Fire HDX tablet includes Amazon’s new Mayday feature, which allows customers to bring up a video chat with tech-support directly from the device, as well as [...]
Bottom Line: Mass appeal keeps tablet on fire September 25, 2013 AMAZON’S new range of tablets give customers a lot of bang for their buck – twice the amount of memory of predecessors, three times the processing power, and access to tech support at the touch of a button on their 323 pixels per inch screens. It’s an impressive set of upgrades for a product that [...]
Barclays wins Amec as latest broking client September 25, 2013 BARCLAYS continued the growth of its corporate broking business by winning the mandate to act as joint broker to Amec, the FTSE 100 listed engineering group, alongside Bank of America Merrill Lynch (BofAML). The appointment comes just days after Amec abandoned plans to make a £700m bid for Kentz, the oil services group. Amec was [...]
HellermannTyton owner cuts stake September 25, 2013 CABLE equipment maker HellermannTyton’s private equity owner is to sell 20 per cent of the company in a share placing. Doughty Hanson is to place around 45m shares – valued at £126.9m at yesterday’s closing share price – in HellermannTyton, equating to about 21 per cent of the firm, Goldman Sachs, which is joint bookrunner [...]
Reed’s finance chief to leave September 25, 2013 ANGLO-DUTCH information group Reed Elsevier said yesterday its finance director Duncan Palmer would step down in September 2014 due to family circumstances. Reed, which competes with Thomson Reuters and Wolters Kluwer NV, said Palmer would resign from the board in 12 months or on a date chosen by the company. “Duncan has made an important [...]
