Deng upbeat on Olympic chances January 25, 2012 OLYMPICS: Chicago Bulls star and Great Britain forward Luol Deng insists he is determined to overcome a ligament injury in his wrist in time this summer’s London Games. “It could always be worse. Injuries happen,” said the 6ft 9in 26-year-old. “But I’m very confident that I’ll be fine. And I feel like without the surgery [...]
Hammers bid £7m for Jelavic January 25, 2012 FOOTBALL: Championship leaders West Ham have underlined their determination to make an instant return to the Premier League by making a £7m bid for Glasgow Rangers striker Nikica Jelavic. The Croatia international, who has scored 30 goals for Rangers, made the switch to Glasgow from Rapid Vienna in 2010 and is also being tracked by [...]
Wasps sign Russia duo January 25, 2012 RUGBY UNION : Wasps have signed Russia international hooker Vladislav Korshunov and No8 Victor Gresev until the end of the season.
Pepsi adds fizz to Britvic after Irish drink sales decline January 25, 2012 BRITVIC shares enjoyed a 3.44 per cent rise yesterday after the soft drinks maker and distributor reported a rise in revenues and big market share gains for Pepsi, which it makes and distributes under licence in the UK. The maker of Robinsons, Tango and J2O said first quarter revenue rose 2.5 per cent at constant [...]
Strong food shop performance has boosted jobs, retailers say January 25, 2012 RETAIL employment rose in the final quarter of 2011 as food shops prospered, reversing declines seen in the previous six months, figures from the British Retail Consortium (BRC) showed yesterday. The final three months of the year saw a 0.5 per cent rise in retail employment compared with the same quarter of 2010 – equivalent [...]
Shop slump fails to faze WH Smith January 25, 2012 WH SMITH cheered investors yesterday after the books and stationery retailer posted an improvement in profit margins despite sales continuing to fall. Chief executive Kate Swann said the group had delivered a “resilient” performance in a challenging market after like-for-like sales fell five per cent for the 21 weeks to 21 January. The FTSE 250 [...]
Asda takes George brand to Middle East January 25, 2012 ASDA, the British arm of US retailer Wal-Mart, has signed a franchise deal with a Lebanon-based firm to take its George budget fashion brand to the Middle East. The UK’s second largest supermarket said in a statement yesterday that the Azadea Group, headquartered in Beirut, would explore options for its George label in the Middle [...]
ANALYST VIEWS: DID WH SMITH’S RESULTS MARK AN IMPROVEMENT? January 25, 2012 PHILIP DORGAN | PANMURE GORDON Management has now successfully shifted the seasonality of the business, but a break up looks unlikely in the short run and top line momentum is likely to remain subdued. We think shares currently lack a catalyst. JOHN STEVENSON | PEEL HUNT WH Smith delivered Christmas trading in line with subdued [...]
Netflix survives disastrous year January 25, 2012 ONLINE streaming service Netflix exceeded expectations for 2011 despite its market value crashing by more than two thirds in October as up to a million customers left the service in protest to hiked fees. While fourth-quarter net income slid 13 per cent to $41m (£26.1m), quarterly revenues were up by a third on the previous [...]
Boeing upbeat over plane sales January 25, 2012 BOEING said yesterday that a pension expense larger than Wall Street had anticipated would weigh on its 2012 earnings, but it handed investors good news with expectations for increased aircraft deliveries this year. The world’s largest aerospace and defence company reported fourth-quarter net profit of $1.4bn, compared with $1.2bn a year earlier. The company, which [...]
