Chemring sees trading rise March 17, 2010 Military-goods maker Chemring said yesterday trade in the first four months of its fiscal year was five per cent up on the same period a year ago, despite deliveries being hit by extreme winter weather. Chemring, whose countermeasures products help fighter planes avoid missile attacks, said adverse weather conditions in the first few weeks of [...]
CITY MOVES | WHO’S SWITCHING JOBS March 17, 2010 CB Richard Ellis Jonathan De Mello is to join the property group as head of its retail consultancy team, effective from April. De Mello is one of the most respected analysts in the retail sector and joins from the Experian Property Consultancy. His consultancy clients have included the likes of Blackstone Private Equity, Henderson Global [...]
UniCredit ups payout as its results cheer March 17, 2010 UNICREDIT, Italy’s largest bank, returned to a cash dividend yesterday as it battles to win round politically-connected shareholders who have been fighting a revamp plan by the lender’s boss. Shares in the eurozone’s third-largest lender by market value jumped to a seven-week high in early trade in response to the higher than expected payout on [...]
Google prepares to fight on regulatory front March 17, 2010 GOOGLE is a company of contradictions. It claims to be open, but guards its secrets fiercely. It presents itself as a green company, but owns the world’s largest cluster of computers, using huge amounts of power to keep them cool. It is a quintessentially modern company that is run by like a feudal kingdom, with [...]
Playtech profits up by a quarter March 17, 2010 Playtech, the world’s biggest provider of online gaming software, reported a 25 per cent increase in 2009 earnings, boosted by new products and a joint venture with William Hill. The firm, which is the biggest company on AIM, said its earnings were £84m, up from £67m. Playtech, whose licensees include Paddy Power, Bet 365, BetFred [...]
Miller Group eases losses March 17, 2010 Miller Group, the UK’s largest privately-owned housebuilder, reported reduced full-year pre-tax losses yesterday in another sign that the housing market is picking up. The Edinburgh-based group saw its pre-tax losses for 2009 decline to £72.4m, from a £170m loss in 2008. The firm saw its sales fall 25 per cent to £783m. Miller’s house-building business [...]
Wilkinson critics placated as Johnson abandons No10 March 17, 2010 ENGLAND fly-half Jonny Wilkinson has paid the price for a series of underwhelming displays and been dropped for only the third time in his long and distinguished international career. Wilkinson, who kicked England to World Cup glory in 2003 and has scored more points at Test level than any other player, is the most eye-catching [...]
European exit could shatter Blues’ season March 17, 2010 IT could take a game or two before the full extent of the damage manifests itself, but I think defeat to Inter Milan will prove to be a huge blow for Chelsea. More than just ending their Champions League campaign, the impact threatens to derail their challenge for two other trophies. After Tuesday’s deserved loss, [...]
Terry crash probe after man injured March 17, 2010 CHELSEA captain John Terry was breathalysed and quizzed by police after his car collided with a club employee following Tuesday night’s defeat to Inter Milan. Terry’s Range Rover struck deputy security manager Steve Rowley at low speed as the England star drove out of Stamford Bridge through a crowd following the Champions League last-16 match. [...]
Masterful Big Zeb triumphs in Chase March 17, 2010 TRAINER Colm Murphy hailed Big Zeb’s improvement after the 10-1 shot left hot favourite Master Minded trailing in his wake to land the Queen Mother Champion Chase, the highlight on day two of the Cheltenham Festival. All the pre-race talk at Prestbury Park had been of whether Master Minded, ridden by Ruby Walsh, could match [...]