Coleen Rooney launches debut clothes line November 18, 2010 COLEEN Rooney yesterday launched her debut fashion collection with the online and home shopping retailer Littlewoods. Rooney’s collection goes on sale in December and is “inspired by fashion icons including Jackie Onassis”. Floor-sweeping maxi dresses, neat shifts and strapless prom-style dresses feature in the range. Rooney said: “I am often asked about the clothes that [...]
Local bragging rights can go to the Gunners November 18, 2010 ARSENAL vs TOTTENHAM TOMORROW, 12.45PM, SKY SPORTS EVERYONE was writing off Arsenal’s title credentials when they lost at home against Newcastle a fortnight ago, but two consecutive away wins and some dropped points by their rivals have seen them close the gap on Chelsea to just two points. They are normally very strong at the [...]
iPhone users to see adverts inside apps November 18, 2010 iPhone users in the UK will soon find adverts inside apps they download as Apple rolls out its iAds platform outside the US. The platform allows application developers – and Apple itself – to make money from advertising contained within apps. It is set to launch in the UK and France in December after attracting [...]
BlackBerry claims Playbook is more powerful than iPad November 18, 2010 BLACKBERRY maker Research in Motion (RIM) yesterday fired a warning shot to Apple when it released a video claiming to show the superiority of its tablet computer. RIM is set to launch its rival to the all-conquering iPad in the second quarter next year. Named the Playbook, it will attempt to lure users with its [...]
Reed Elsevier confirms gloomy outlook as subscriptions remain weak November 18, 2010 REED Elsevier yesterday reaffirmed its outlook for a slightly lower operating profit margin this year as subscriptions to its scientific and legal publications remained weak. The Anglo-Dutch company has been slow to respond to economic recovery as corporate subscriptions come up for renewal only periodically, and are worth less as firms employ fewer staff – [...]
Crozier cool on restarting ITV dividend November 18, 2010 BROADCASTER ITV will keep considering the possibility of paying a dividend given its newly strong balance sheet, but investing in programmes is more urgent, its chief executive said yesterday. Adam Crozier, who took over in April, said ITV needed to make more of its own content and technology to profit from coming web distribution channels [...]
Red Rose set to continue momentum November 18, 2010 ENGLAND vs SAMOA TOMORROW, 2.30PM, SKY SPORTS DARE we say that Martin Johnson’s grand plans to mould England into contenders for the 2011 World Cup are finally taking shape? The scintillating attacking display against the Aussies last weekend suggests so, but we must wait until after tomorrow’s match against Samoa to gauge if that was [...]
Private equity battle looms for Danish ISS November 18, 2010 A BLACKSTONE-led quartet and two rival teams are readying bids for ISS, the $7bn (£4.4bn) Danish cleaning giant as Europe’s biggest post-crisis buyout heats up. The owners of ISS – Goldman Sachs Capital Partners and Sweden’s EQT – are exploring an initial public offering (IPO) of the company or a sale of it. Blackstone Group, [...]
SEC probes Citi on mortgage securities deal November 18, 2010 THE US Securities and Exchange Commission (SEC) is investigating Citigroup’s role in a $1bn mortgage-backed securities deal in 2007. Citigroup “improperly pushed an independent manager to put specific assets” in a collateralised debt obligation (CDO) it created in February 2007. The deal, which was backed by other CDOs that were backed by slices of subprime [...]
BEST OF THE BROKERS November 18, 2010 MARKS & SPENCER Execution Noble has upgraded the supermarket to “buy” with an upgraded fair value price of 475p, following its research on M&S customers. The broker sees the firm’s new strategy as a real driver for sales growth, with the food business as a particularly strong opportunity. It adds that the brand could also [...]
