Philip Morris International hikes its dividend after strong quarter September 10, 2014 TOBACCO giant Philip Morris International yesterday announced a 6.4 per cent boost in its dividend and the appointment of three new directors to its board. Philip Morris reported second quarter profits that beat forecasts in July due to strong European sales. The maker of Marlboro cigarettes said the increase to its quarterly dividend would result [...]
Apple lifts the lid on its Watch and iPhone 6 September 9, 2014 APPLE last night unveiled a new smartwatch, two larger iPhones and a mobile payments service, as chief executive Tim Cook set a bold new direction for the technology giant taking it into a host of new markets. At an event in San Francisco, the company took the wraps off a larger, 4.7-inch iPhone 6 and [...]
As it launches the new iPhone 6, just Watch that Apple grow – Bottom Line September 9, 2014 Apple is truly a creature of habit. You could almost set a watch (no pun intended) to the regular tick tock of its annual product cycles. But every so often, Apple must change its pattern, breaking with tradition to launch a new product or set a new direction for the company. The first iMac in [...]
Quindell buoyed by libel case win against Gotham September 9, 2014 QUINDELL has won its libel claim against mysterious US short seller Gotham City Research, sending shares in the company rising as much as 11 per cent in reaction to the news yesterday morning. The British insurance outsourcer issued libel proceedings against Gotham in April, after it had posted a critical note on Quindell, describing it [...]
Investors cheer Blur’s booming revenue despite widening losses September 9, 2014 Online services group Blur saw its revenues soar 303 per cent during the first half of the year to £5.69m, on the back of the growing number and value of projects it handles. Shares in the group were up 6.79 per cent at 86.50p following the results. Meanwhile, underlying losses at the group grew by [...]
BBC Trust nominee grilled by MPs September 9, 2014 RONA Fairhead, the preferred candidate for chairmanship of the BBC Trust, faced a grilling by MPs yesterday morning, including questions over her role during the HSBC Mexico money laundering scandal and her Pearson pay off. Fairhead was the chair of HSBC’s risk committee at the time of the case, which resulted in the bank being [...]
Apple Watch is the start of a whole new era of growth for Apple under Tim Cook September 9, 2014 Apple is truly a creature of habit. You could almost set a watch (no pun intended) to the regular tick tock of its annual product cycles. But every so often, Apple must change its pattern, breaking with tradition to launch a new product or set a new direction for the company. The first iMac in [...]
ITV ups the ante with call for Sky and Virgin to pay to broadcast its shows September 8, 2014 ITV chief executive Adam Crozier yesterday upped the ante on BSkyB and Virgin Media as he called for the government and its regulator Ofcom to force the pay TV firms to pay to broadcast ITV’s shows. Under the current model pay TV operators Sky, Virgin Media, BT and TalkTalk all broadcast the UK’s so-called Public [...]
UKTV blames profit dip on new channel launch as revenues rise September 8, 2014 UKTV, the broadcaster behind the Dave television channel, saw its profits slide seven per cent last year following the costs of launching its eleventh channel. Drama, which launched in July 2013, showcases British drama with series including Sharpe and Sense and Sensibility. Meanwhile, UKTV’s share of the TV advertising market hit a record 9.1 per [...]
Tonight Apple’s Cook will face his make or break moment with the world watching – Bottom Line September 8, 2014 The world will be watching tonight as Tim Cook walks on stage to an audience of some 2,000 journalists in San Francisco, and millions of eager fans watching his every move online, as Cook shows off Apple’s latest creation. Tonight is truly a make-or-break moment for Cook. Critics have panned his safe and steady steering [...]
