BEST OF THE BROKERS July 22, 2009 BSKYBJP Morgan upgraded BSkyB to “neutral” from “underweight”, saying that the regulatory overhang has been removed in the short-term – with Ofcom unlikely to publish its next consultation document until the end of the year – and the focus can shift to operating performance and capital structure. But some factors stop the broker from being [...]
TV rights deal sends Arena shares racing July 22, 2009 SHARES in Arena Leisure, the largest racecourse operator in Britain, soared by over 30 per cent yesterday after it announced a deal with Satellite Information Services (SIS) for the provision of horse racing coverage to licensed betting offices in the UK and Ireland. Arena said that it will receive total revenues of around £106m over [...]
Euromoney expects drop in revenues to continue July 22, 2009 Financial publishing and events group Euromoney said yesterday that revenues for the quarter to end-June fell 22 per cent at constant currencies, and predicted further declines in subscription revenues for the rest of the year. The company, majority-owned by Daily Mail & General Trust (DMGT) – which is due to report today – highlighted customer [...]
GM upbeat despite poor sales July 22, 2009 General Motors (GM) yesterday announced a 22 per cent year-on-year global sales drop for the first six months of 2009, amid the economic slowdown and the company’s slide into bankruptcy. But GM global sales improved in the second quarter compared with the first quarter and its chief sales analyst said the US economy has been [...]
ECB scrap Twenty20 plans July 22, 2009 CRICKET: The England and Wales Cricket Board has opted to scrap plans for a second Twenty20 competition next season. The ECB was considering launching a P20 Championship as well as the current Twenty20 Cup to rival the Indian Premier League, but decided against it after meeting with county chiefs.
Four banned in betting probe July 22, 2009 FOOTBALL: Four players have been banned for up to a year for breaching betting rules following a Football Association investigation. The probe centred around the League Two clash between Accrington Stanley and Bury in May 2008 which generated unusual betting activity. Ex-Accrington player Jay Harris was banned for a year and fined £5,000, while team-mates [...]
Malmo course the longest yet July 22, 2009 GOLF: The SAS Masters in Sweden will create history this morning when golfers take on the longest course ever on the European Tour. The Barseback course, near Malmo, measures up at a massive 7,665 yards – 22 yards longer than the previous record-holder, Torrey Pines. Just one of the par fours is under 400 yards, [...]
Contador consolidates lead July 22, 2009 CYCLING: Spain’s Alberto Contador edged closer to victory in the Tour de France after finishing second in a gruelling 17th stage, from Bourg St Maurice to Le Grand Bornand. The Astana rider, 26, finished second, in between the Schleck brothers, Frank and Andy, who now lie third and second respectively in the overall standings. Lance [...]
Champion Tom dreams of more gold in London July 22, 2009 NEW British hero Tom Daley has set his sights on London 2012 after his unexpected World Championship success. Daley became Britain’s first world diving champion by winning the 10m platform title in Rome on Tuesday at the age of just 15. He said: “This is great practice for London 2012 because there is going to [...]
Home favourite Torrance has Watson in his sights July 22, 2009 FORMER Ryder Cup captain Sam Torrance insists the niceties towards Open hero Tom Watson will stop this morning when the pair go head-to-head in the Senior Open Championship. Watson shocked the golfing world by coming within a six-foot putt of a sensational victory in the Open – a performance described by BBC commentator Torrance as [...]
