Murray wants to start fast August 1, 2012 BRITISH No1 Andy Murray fears another slow start against Nicolas Almagro today will end his chance of winning an Olympics medal. Murray yesterday defeated Marcos Baghdatis 4-6, 6-1, 6-4 and today faces Almagro in the tournament’s quarter-finals before combining with Laura Robson in the first round of the mixed doubles. “He’s playing the best tennis [...]
TODAY AT THE GAMES August 1, 2012 Rowing ■ Team GB’s men are among the favourites in the lightweight four final at 12:10. Bill Lucas and Sam Townsend also feature in the men’s double sculls final at 11:50, while the British women’s eight compete in their final at 12:30. Canoe Slalom ■ British canoeists David Florence and Richard Hounslow and Tim Baillie [...]
Nibs heading in here August 1, 2012 ■ FOOTBALL: West Ham have re-signed defender James Collins for £2.5m, with Feyenoord’s Ron Vlaar set to move to Villa to replace him. Hammers transfer target Andy Carroll, meanwhile, has not travelled with Liverpool to tonight’s Europa League qualifier against FC Gomel in Belarus. ■ CRICKET: England captain Andrew Strauss has described the second Test [...]
Jupiter shares rise on back of solid fund flow August 1, 2012 MARKETS cheered a resilient set of results from Jupiter Fund Management yesterday after the UK equity specialist revealed a £600m increase in assets under management and strong mutual fund inflows. Shares in the firm shot up three per cent in the first 90 minutes of trading after its half year results showed £210m of quarterly [...]
F&C adds £3m more cuts as optimism rises August 1, 2012 F&C ASSET Management said yesterday it would increase its radical cost cutting regime by a further £3m as interim results hinted management was starting to turn the business around. The asset manager, which has seen its share price rise around 20 per cent since June, said it would increase its cost cutting target to £48.8m, [...]
Baring Asset Management snaps up Korean asset firm August 1, 2012 LONDON-based asset manager Baring Asset Management is set to buy SEI Asset Korea (SEIAK) in a deal that will boost the 250 year-old firm’s assets under management by $6.3bn (£4bn). The firm, which this year celebrates the anniversary of its founding in 1762, said the acquisition will boost its presence in Asia as South Korea [...]
Shares in Shire rise as it calms generics fears August 1, 2012 SHIRE said yesterday that cheap, copycat competition would have only a limited impact on sales of its hyperactivity drugs in the key back-to-school period, reassuring investors that earnings would still rise by a double-digit percentage this year. Shares in the pharmaceutical company, which fell as much as 13 per cent in June when US regulators [...]
Ad firms cash in on Aegis deal August 1, 2012 ADVERTISING giant Aegis snapped up two London digital ad firms yesterday, netting their owners an estimated £25m. Search ad firm I Spy Marketing and analysis group Data2Decisions were bought for around £15m and £10m, and will be integrated into Aegis’s subsidiary iProspect, which deals with adverts on Google and other search engines. I Spy’s chief [...]
Boost from beverage cans helps Rexam offset healthcare woes August 1, 2012 REXAM, which makes packaging for everything from fizzy drinks cans to lipstick containers, reported a slight rise in first half profit after its beverage cans business helped to offset a weak performance at its healthcare arm. The company, which makes about 57bn cans a year for brands like Red Bull and Carlsberg, said pre-tax profits [...]
Jump in Taylor Wimpey profit August 1, 2012 TAYLOR WIMPEY yesterday revealed it had doubled its profits in the first half of the year after the company shrugged off wider economic concerns and constraints in mortgage lending. The housebuilder posted operating profits of £100.9m for the six months to 6 July up from £67.2m last year on revenues up to £906.2m from £817.8m. [...]
