INTEL UNVEILS ULTRA-THIN NOTEBOOK May 31, 2011 INTEL yesterday invented a category of ultra-thin, affordable notebooks. They will be powered by its second generation Sandy Bridge and Ivy Bridge processors, as the firm looks to take on Apple chipmaker ARM in the portable computing stakes. Intel plans to price the devices – which it is calling the Ultrabook – at under $1,000 [...]
Peppa Pig toys to hit US shelves May 31, 2011 ENTERTAINMENT One (ETO) has signed a deal with Fisher Price to develop a toy line based on the Peppa Pig animated children’s TV series to sell in the US. ETO, which owns the distribution rights for the show in the US, said it hoped to replicate the success of Peppa Pig toys in the UK, [...]
Krispy Kreme UK sales on the rise May 31, 2011 Doughnut maker Krispy Kreme saw UK sales of £33.4m over the past 12 months, it said yesterday. Like-for-like figures showed a same-store sales increase of 1.4 per cent. Revenue was up 12.6 per cent. The company said it plans to double its presence in the UK in the next five years. Over the past 12 [...]
Asia Digital in new clients boost May 31, 2011 Cash flow has been better than anticipated in the first two quarters of the year, according to online marketing group Asia Digital. The China-focused company, which also operates in southeast Asia and India, said it has seen a healthy pipeline of new business. Things have improved steadily in Singapore and in India, and “despite an [...]
Eros in Bollywood boost May 31, 2011 Indian movie distributor Eros International said its full-year profit rose, boosted by the box office success of Bollywood films “Dabangg” (Dauntless) and “Housefull”. The company, which recently listed its unit Eros International Media on the Bombay Stock Exchange in India, also gave a positive outlook for the year ahead. Eros boasts of a strong slate [...]
Brewin Dolphin buys Irish fund manager Tilman May 31, 2011 INVESTMENT manager Brewin Dolphin is buying Irish fund manager Tilman Asset Management for €20.8m (£18.2m) in a deal aimed at tapping rising demand for private wealth management advice in Ireland. Brewin Dolphin, which runs around £25bn of assets on behalf of 130,000 private clients, will issue shares to finance the takeover, which reflects a price [...]
New chairman Leighton signals change of Pace May 31, 2011 ALLAN Leighton, who was confirmed as the successor to Mike McTighe at the struggling TV set-top box maker Pace yesterday, is planning to launch a strategic review of the Yorkshire-based company. Leighton, who has led the boards of the Post Office and supermarket chain ASDA, said: “I’ve watched the Pace business develop with both its [...]
ANALYST VIEWS: IS THE APPOINTMENT OF ALLAN LEIGHTON POSITIVE FOR PACE? May 31, 2011 IAN ROBERTSON | SEYMOUR PIERCE Allan Leighton has an impressive track record. That said, we are concerned as to whether he will have enough time given his extensive other commitment. We hope he doesn’t enter the company under the impression that the most important thing is technology … The key factor is delivering the product [...]
PRINCE TO ADDRESS ARK GALA’S 900 GUESTS May 31, 2011 DETAILS of this year’s Ark dinner, the annual hedge fund extravaganza attended by the biggest names from the City, the arts and politics, have been harder to obtain than a banker’s super injunction. But The Capitalist can now reveal that the celebrity-filled affair will take place next Thursday 9 June at Perks Field near Kensington [...]
Tullow plans public share sale in Ghana May 31, 2011 TULLOW OIL yesterday laid out plans to float 4m shares in Ghana, where last year it was instrumental in producing the country’s first oil. Tullow said it hopes to demonstrate its commitment to Ghana by allowing the public to buy the shares, which would be worth £53.9m at yesterday’s London price of £13.47. The firm [...]