THE TIPSTER AVOID THE DASH FOR TRASH May 31, 2009 AN economic recovery still remains uncertain so avoid the “dash for trash” and look for stocks that have intrinsic value. The banks have been having a tough time but one that’s stood out is Standard Chartered, which has been making a series of senior appointments to its capital markets team in recent months. The bank’s [...]
Value lines lift Northern Food’s sales May 27, 2009 A SURGE in demand for value lines helped Northern Foods beat market expectations for full year sales yesterday. But the group’s pre-tax profit still fell 5.4 per cent to £47.5m from £50.1m the year before due to restructuring costs. And it warned on future trading due to the rising price of ingredients and pressure from [...]
J Sainsbury in bullish mood May 13, 2009 J SAINSBURY has pledged to dominate the grocery sector over the next decade, after reporting a stellar 11.3 per cent pre-tax profit hike to £543m in the year to 21 March. Chief executive Justin King said the group now has “the greatest growth potential of any grocery retailer in the next ten years”. Sainsbury’s has [...]
The firms the credit crunch has favoured August 11, 2008 The news about the worsening economy seems relentless and yet it is not all bad. As the credit crunch celebrates its first birthday, it’s clear that some companies are benefiting from a trend towards trading down. Consumers might be feeling the the pinch but budget options are becoming more appealing and companies such as Dominos, [...]