Mobile firm WIN bullish after it returns to profit March 16, 2010 MOBILE technology firm WIN yesterday announced a 10 per cent increase in year-on-year revenue. Chief executive Graham Rivers told City A.M. the firm will focus on developing its existing product range in the first half of 2010 with a view to launching new products at the end of the year. WIN provides mobile solutions for [...]
EMI suitors circle embattled music group ahead of mid-June plan deadline March 16, 2010 EMI’s efforts to put in place a new business plan by mid-June could be overtaken by rival bidders contemplating bids although suitors must negotiate a complicated legal spat around the British music company. Warner Music Group executives are understood to be talking with a private-equity backed joint venture, KKR/Bertelsmann, about forming a joint bid for [...]
BEST OF THE BROKERS March 16, 2010 UBS JP Morgan reiterates it’s “overweight” stance on UBS. It highlights strong trading during the first half of January due to a significant pent up of demand from December with prearranged trades from clients. Together with a market correction for the second half, it believes UBS is in a strong position compared to rivals. ALLIED [...]
CITY MOVES | WHO’S SWITCHING JOBS March 16, 2010 Serco Alastair Lyons has been appointed by international services company Serco as non-executive chairman. He joins the board with immediate effect before taking up his new post at the annual meeting on 11 May, when he will succeed Ken Beeston who is retiring. Lyons, 56, has been non-executive chairman of insurer Admiral since 2000 and [...]
Jackson deal earns $200m March 16, 2010 MICHAEL Jackson’s estate has sealed a record deal worth at least $200m (£133m). The seven-year contract includes ten albums and Jackson recordings which have never been released. Some albums could also see previously released hits being re-worked. The contract with Sony could be worth as much as $250m if a computer game or DVD compilation [...]
BBC retains its popularity in spite of cost cuts March 16, 2010 BRANDINDEX’S “Buzz” score is calculated by taking the number of respondents who have heard something positive about a brand in the last week, and taking away those who have heard something negative. The BBC’s Buzz scores took a significant downturn after the broadcaster announced it was planning to axe BBC 6 Music and the BBC [...]
James Fisher reports profit rise March 16, 2010 Marine services provider James Fisher and Sons yesterday reported a five per cent rise in full-year pre-tax profit on strong growth from its specialist technical division and said trading so far in 2010 was as expected. The company, whose services include ship-to-ship oil transfer at sea, submarine rescue and lifting equipment rentals, raised its final [...]
Kalahari King all set to shake up Master Minded March 16, 2010 THERE have been plenty of dual winners of this prestigious jewel in the crown for two-milers, but only Michael Dickinson’s Badsworth Boy managed to win three on the spin, so Master Minded will be attempting to join the elite. However, he has had an injury interrupted season and I’m prepared to take him on with [...]
IN-RUNNING TRADING HINTS March 16, 2010 Betdaq are only charging 2% commission on all winning bets placed in-running during all UK and Irish races, so make sure you log on and trade your positions during this week’s Cheltenham Festival. Master Minded showed all his old zest at Newbury last time and would have won by much more than the 13 length [...]
8/1 Weapon’s Amnesty may be RSA Chase value March 16, 2010 TWENTY runners go to post for the opening contest of the second day of the Cheltenham Festival and I’m backing two at massive prices to cause an upset. Firstly, legendary Irish trainer Mouse Morris doesn’t bring horses over for the sake of it and he runs TINAKELLYLAD. The horse has moderate form in his native [...]
