Late England charge can dent strong Irish record February 25, 2010 ENGLAND v/s IRELAND Tomorrow – 4.00pm BBC1 Martin Johnson leapt to the defence of his usually dependable fly-half, as much of the criticism for England’s stale performance against Italy a fortnight ago was levelled at Jonny Wilkinson. Some are surprised that Johnno has decided to stick with the same starting line-up to face Ireland tomorrow [...]
Blacks head for talks with shareholder Sports Direct February 24, 2010 BLACKS Leisure’s financial advisers were yesterday in talks with their counterparts at Sports Leisure in an attempt to strike a funding deal for the company that will prove attractive to both sides and prevent a damaging clash amongst shareholders of the outdoor sports clothing group. The talks commenced immediately after yesterday’s shareholders meeting at Blacks [...]
Blacks tries to keep £22m deal on track February 23, 2010 LAST MINUTE negotiations were taking place yesterday in an attempt to avoid a bitter clash between shareholders at today’s meeting of outdoor clothing specialist group Blacks. Blacks shareholders are due to vote on a £22m refinancing of the group – but the whole exercise has been thrown into jeopardy because of a surprise purchase from an [...]
WHAT THE OTHER PAPERS SAY THIS MORNING February 22, 2010 FINANCIAL TIMES NORTEL AIMS TO BLOCK PENSIONS CLAIM Nortel Networks and its creditors are seeking to block the UK pensions regulator from pursuing a claim worth as much as £2.1bn ($3.3bn) against the company’s worldwide assets to cover the shortfall in its UK scheme. The Canadian telecommunications equipment maker and its UK subsidiary filed for [...]
Sports Direct in share swoop February 22, 2010 RETAILER Sports Direct is trying to win a disputed 29 per cent stake in Blacks Leisure and potentially use its muscle to oppose its troubled rival’s rescue plans. Sports Direct’s subsidiary Sportsdirect.com is looking to acquire the shares as well as an 11 per cent holding in JD Sports Fashion from the administrators of collapsed [...]
Sports Direct in swoop for stake in Blacks February 22, 2010 RETAILER Sports Direct is circling for a disputed 29 per cent stake in rival Blacks Leisure. Sports Direct’s subsidiary Sportsdirect.com is looking to acquire the rights as well as an 11 per cent holding in JD Sports Fashion from the administrators of collapsed bank Kaupthing Singer & Friedlander. The move would allow the FTSE 250 [...]
DIAMOND TAKES HARD LINE ON BONUS ROW February 16, 2010 AS AN investment banking doyen continually under the cosh these days with regard to bonus payments, it must be tough to keep a calm and unruffled façade at all times. Bob Diamond, the president of Barclays and head of its money-spinning investment bank Barclays Capital – yesterday kept mostly schtum at the group’s annual results [...]
Sports Direct celebrates a double victory February 11, 2010 SPORTS Direct has seen a surge in sales and been cleared by a competition commission investigation. Britain’s largest sports retailer raised its full-year profit guidance yesterday after the sales jump for the 13 weeks to 24 January. Retail sales rose 9.4 per cent to £326m – lifting gross profit to £136m. Sports Direct – which [...]
Sports Direct wins the double February 11, 2010 SPORTS Direct has seen a surge in sales and been cleared by a competition commission investigation. Britain’s largest sports retailer raised its full-year profit guidance after the sales jump for the 13 weeks to 24 January. Retail sales rose 9.4 per cent to £326m – lifting gross profit to £136m. Sports Direct – which is [...]
Products set to boost ITV February 9, 2010 EMBATTLED broadcaster ITV could boost its revenues by £50m a year, after the government lifted a ban on product placement. Culture secretary Ben Bradshaw yesterday said commercial broadcasters would be allowed to accept payment for displaying branded products in most shows. ITV insiders think the firm will earn around £50m-a-year from product placement deals by [...]