Bodycote to meet expectations November 8, 2011 Metals and alloys treatment company Bodycote has said it saw strong trading over the past four months, and remained on track to meet full-year forecasts. Revenues for the ten months to 31 October were up 15.1 per cent on last year, the company said yesterday, though it warned that year-on-year comparatives had been getting more [...]
AZ Electronic revenue up 15pc November 8, 2011 AZ Electronic Materials, a supplier of chemicals used in Apple’s iPad, said it was continuing to perform well, shrugging off weakness in some end markets for electronic products such as flat panels. The group posted 15 per cent higher revenue of $202m (£125.6m) in the third quarter, broadly in line with market forecasts and keeping [...]
BEST OF THE BROKERS November 8, 2011 GLAXOSMITHKLINE Morgan Stanley upgrades the pharmaceutical group to “equal weight” with a target price of 1,500p, and says the risks it outlined to support the previous underweight rating have either played out or been reduced. The broker says the stock now offers a compound annual growth rate of nine per cent on earnings per share [...]
Creating Jobs: The story of his supreme trials November 8, 2011 STEVE Jobs was unrivalled in his ability to channel the zeitgeist of a generation. Through his myopic attention to perfection and grand visions, directed under his iron grip, Jobs took Apple – after being previously pushed out – from the verge of bankruptcy to become the biggest company in the world. If you crave to [...]
The Japanese disease: How its corporate culture turns disasters into catastrophes November 8, 2011 IT HAS not been a good few years for Japan PLC. In 2009, its car industry was plunged into crisis after Toyota was forced to recall 6m vehicles following a series of fatal accidents in the US. Then came the tragic Japanese earthquake, which had a chilling effect on businesses. A few months later, Sony [...]
Here is the Next step for Marks & Spencer to take November 8, 2011 TWENTY years ago, the UK was in recession and Marks & Spencer had just changed its boss: some things never change. Under Rick Greenbury, M&S went on to have a good 1990s, before over-expansion led to the inevitable and painful correction, under a new management team. Twenty years on, the competition is much tougher and [...]
Unhappy about your looks? You should be November 8, 2011 IVIAN Sarcos from Venezuela was crowned Miss World on Saturday. Outside the event, protesters waved placards condemning the event. “Look… what society expects from young women,” protester Jo Robinson beseeched a journalist. “There is terrible pressure put on them to look a certain way. I wear make-up, I want to look nice, but to go [...]
RAPID RESPONSES November 8, 2011 Marx out of tent Allister Heath’s editorial in City A.M. yesterday [We need reform – but that does not make Marx right] appears to be under a misconception that Occupation of the London Stock Exchange is in relation to the socialist philosopher Karl Marx. Rather like the Arab Spring, the occupation is a reaction to [...]
A Playboy queen in chef’s whites November 8, 2011 IMAGINE, for a moment, the head chef at a Playboy Club. Whatever image just sprang to your mind, I am fairly certain it is not Judy Joo. A Korean-American former Wall Street banker (she was a sales-trader on the fixed income floor of Morgan Stanley; her husband works for a hedge fund in London), Joo [...]
Nail-biting times call for nail-saving measures, boys November 8, 2011 I have never given cuticles much thought. I tend to consider them a neutral part of the body; neither good nor bad, like the bladder or the spleen. Not so. My cuticles are “outrageous,” according to The Refinery’s nail expert Christine. Outrageously bad, to be precise. The Refinery on Mayfair’s Brook Street is a vast, [...]