THE WEEK AHEAD February 6, 2011 COMPANY NEWS ● FTSE 100 gold miner Rangold Resources releases its fourth quarter results today. ● Natural gas group BG Group releases its fourth quarter results tomorrow. ● Steel manufacturer Arcelor-Mittal also releases its full year results tomorrow. ● French food company Danone releases its full year results tomorrow ● Airline Air France-KLM releases its [...]
Apple should look to Nintendo’s past February 6, 2011 THOSE who say Steve Jobs’ eventual departure from Apple could start a terminal decline at the company are wrong. In fact, a glance at the history of another great innovator of the technology world, Nintendo, suggests his exit, whenever it may be, could turn out to be its salvation. Jobs’ strategy with Apple has been [...]
ALSO OUT THIS WEEKEND February 3, 2011 FILM BRIGHTON ROCK Remake of the classic 1930s film based on the book by Graham Greene. Hot stuff. NEW YORK, I LOVE YOU An anthology of love stories in the Big Apple. With Natalie Portman. A LITTLE BIT OF HEAVEN A woman dying of cancer finds the threat of falling in love is scarier than [...]
MAIDSTONE February 3, 2011 ASHFORD ROAD Price: £100,000 Get your foot on the housing ladder in style with this elegant one bedroom apartment, which is part of a Grade II listed building. High ceilings generate a luxurious sense of spaciousness. The Maidstone East railway station is within walking distance, making this an ideal starter property for commuters. Contact: Geering [...]
TASTING NOTES February 2, 2011 I’LL be honest, I wasn’t terrifically enthused with the idea of cocktails combining booze with, er, root vegetables. Actually not just root vegetables, a variety of veg, though with parsnip and beetroot playing a couple of starring roles. I was picturing gloopy veggie soup with gin stirred in as I climbed the stairs to Roast, [...]
Amazon to compete with Netflix February 2, 2011 Amazon is developing a film streaming service that would see it compete directly with firms such as Netflix, according to industry sources. It is understood Amazon is planning to bundle access to the streaming service with Amazon Prime, a scheme that guarantees Amazon customers unlimited free next-day shipping of books and other items sold by [...]
Panasonic will cut costs as earnings fall in third quarter February 2, 2011 PANASONIC is planning further cost cuts to compete with South Korean rivals including Samsung, after stiff price competition in televisions and a stronger yen hurt its quarterly profit. Panasonic reported an operating profit of 95.36bn yen (£700m) for October to December, lagging an average forecast of 109.1bn yen. The maker of Viera TVs and Lumix [...]
What the other papers say this morning February 1, 2011 FINANCIAL TIMES INVESTORS WARN OVER DEEP WATER DRILLING RISKS Oil companies operating in deep water must do much more to reassure shareholders that they are not taking excessive risks that could put them out of business, representatives of investors with $2,500bn under management have warned. US and European share holders, including state employees’ pension funds [...]
Chip producer ARM boosted by results February 1, 2011 SHARES in British chip manufacturer ARM Holdings, the firm behind Apple’s iPad, rose following a 72 per cent increase in full-year profits, despite warnings of a dot com bubble from analysts. Profits for the FTSE 100 chipmaker rose to £167.4m before tax in the year to 31 December, up from £96.8m the year before. Revenues [...]
Arm beats forecasts with 47pc profit jump February 1, 2011 Chip designer ARM beat expectations with a 47 per cent rise in fourth-quarter profit on , helped by booming growth in smartphones and tablet computers, and said it was well placed for 2011. The company, whose architecture is licensed to chipmakers like Infineon , Qualcomm and Samsung, reported pre-tax profit of 47.6 million pounds on [...]