TRANSFORMATIONAL TOYS BOOST HASBRO July 18, 2011 HASBRO, the toy company said strong demand for its Transformers action figures helped boost its second quarter profits by 33 per cent. For the three months ending June 26, the maker of the Monopoly board said net income rose to $58.1m (£36m) compared with $43.6m in the same quarter a year earlier. Its boys’ line [...]
Keeping the flag flying for boozers July 18, 2011 The Surprise 6 Christchurch Terrace, W3 4AJ Tel: 020 7351 6954 www.geronimo-inns.co.uk/thesurprise FOOD SERVICE ATMOSPHERE Cost per person without wine: £23 THE Surprise (named after a warship) is a pub in Chelsea and the latest project from Geronimo Inns, the company with a slew of beautiful gastropubs across London. So good is Geronimo at turning [...]
Episode 19: A visit from the parents sees Dad in a less than supportive mood July 18, 2011 MY mother hobbles into our living room, a walking stick in each hand. Breathless, she asks, “How is she darling?” Before I can answer my father bursts into the room, laden with bags. “I hope you’re pleased with yourself David. She should be at home, resting. Not…” “Lawrence, please. We’re here to see Emma.” “No, [...]
FOOD & BOOZE NEWS July 18, 2011 SHEEKEY’S TURNS SPEAKEASY J Sheekey Oyster Bar, the baby brother of the famous J Sheekey seafood restaurant that sits next door, is running a season of monthly Sunday performances. Lively music, theatre, comedy and improv performances are the order of the day, inspired by speakeasy cabarets of the prohibition era. Tickets are £30 and include [...]
POACHERS TURNED GAMEKEEPERS SNARE GOLDMAN WITH BEST BREW July 18, 2011 SHARP-suited, discerning of taste and with a generous disposable income they can easily take elsewhere. Yes, the Goldman crew are a tough crowd – but even the investment bank’s most hard-nosed deal-makers are being won over by the new Italian opposite the Goldman Sachs fortress on Fleet Street, which is gaining a reputation for the [...]
Man Group buys Lehman estate claims July 18, 2011 HEDGE fund giant Man Group yesterday paid $355m (£220m) to take over all residual exposure to Lehman Brothers from funds acquired when it bought GLG last year. Man will take over unresolved legal claims on the estate of the failed US investment bank dating from when Lehman was prime broker to a number of GLG [...]
Audits still fail to challenge firms, FRC says July 18, 2011 AUDITORS of major UK companies are still failing to challenge the information given to them with sufficient scepticism, a new report today shows. Less than half the audits reviewed by the Financial Reporting Council in the past year were rated good, while 13.5 per cent required significant improvement. The FRC’s Audit Inspection Unit (AIU) also [...]
A cash outlay now that opens up its funds to new flows for the long term July 18, 2011 MAN Group is determined to up the pace of its fund inflows and this is a calculated move to make that happen. By quantifying the risk associated with to date unresolved claims on the Lehman estate, the deal makes good sense, but the consequences will be still better. While there is a chance the settlement [...]
Care landlord NHP to run its homes itself July 18, 2011 THE owner of a third of Southern Cross’ care homes is to take control of their operations and run them through a newly-formed management company, it said yesterday. NHP, a property investor, had been expected to hire a care provider to continue running its 249 homes following the decision to break up Southern Cross’ estate. [...]
Rockhopper Exploration spuds third Sea Lion appraisal well in Falklands July 18, 2011 ROCKHOPPER Exploration, the oil and gas explorer, pressed ahead with its hunt for oil in the North Falklands, after drilling its third appraisal well on the Sea Lion Discovery feature last week. The group told investors yesterday that it had spudded the well on 15 July and expected to complete the drilling within five weeks. [...]
