Rentokil profits up on cost cuts
Date: Sat, 31 Jul 2010 03:22:13 +0100
A restructuring of its City Link parcel delivery service and savings on procurement proved beneficial to the support services group which reported a jump in pre-tax profits from £8.2m to £30.9m
|
TalkTalk to offer mobile service with Vodafone
Date: Sat, 31 Jul 2010 02:36:25 +0100
After agreeing a deal with the British mobile operator, the recently demerged fixed-line telecoms group will offer contract mobile voice and data tariffs to existing customers from the autumn
|
Wellstream in frame as takeover talk swirls
Date: Fri, 30 Jul 2010 20:39:16 +0100
London's oil services companies were in focus as Royal Bank of Scotland raised the prospect of renewed takeover activity in the sector
|
ITV pursues foothold in pay-TV
Date: Fri, 30 Jul 2010 23:19:52 +0100
Adam Crozier's first reporting of results as chief executive of the group will be accompanied by signs of a pay-TV deal with BSkyB and an aggressive approach to making money online
|
Reshaped UBM hails resilience
Date: Fri, 30 Jul 2010 23:03:31 +0100
The business-to-business media company has returned solid half-year results and an assured move away from vulnerable print revenues
|
Sage quits €600m TeamSystem takeover battle
Date: Fri, 30 Jul 2010 23:01:09 +0100
The surprise decision by the accounting software group has left the door open to HgCapital and Cinven, the remaining private equity bidders
|
KPMG to advise on possible Connaught shake-up
Date: Fri, 30 Jul 2010 22:45:58 +0100
Bankers to Connaught have drafted in specialists from KPMG to advise on a possible restructuring of the troubled social housing maintenance group's estimated £200m of debts
|
Hotels chief sees plenty of room to grow
Date: Fri, 30 Jul 2010 19:57:55 +0100
China is clearly at the top of InterContinental Hotels Group's agenda, which has no plans to reduce exposure to the US, where it is in the middle of a $1bn relaunch of the Holiday Inn
|
Rival grocers eye Carrefour's Asian stores
Date: Fri, 30 Jul 2010 18:32:56 +0100
Carrefour's plan to sell stores in Thailand, Malaysia and Singapore is attracting interest from rival supermarket groups including Tesco of the UK and France's Casino
|
IASB proposes accounting overhaul for insurers
Date: Thu, 29 Jul 2010 23:57:47 +0100
Insurers face a radical shake-up in how they account for their business as the international accounting rule maker proposes new rules that investors say could reduce the insurance industry's cost of capital and boost stock prices
|
KNOC set to complete bid package for Dana
Date: Thu, 29 Jul 2010 23:51:07 +0100
Korea National Oil Corporation is close to arranging the loans needed to launch a formal £1.7bn offer for Dana Petroleum as the UK oil explorer battles to convince its shareholders to push for a higher offer
|
Tech and consumer stocks weigh on Wall St
Date: Thu, 29 Jul 2010 21:38:09 +0100
US equities closed down after a choppy day where early gains were erased by plummeting technology and consumer staples stocks
|
Rolls-Royce lifts guidance as order book expands
Date: Thu, 29 Jul 2010 21:25:27 +0100
Order activity in many markets remained subdued but Rolls-Royce still secured orders worth £5.9bn in the first half, increasing its total order book to £58.4bn. About £17.9bn of the order book related to service contracts
|
Upbeat GKN breaks new ground
Date: Thu, 29 Jul 2010 20:41:45 +0100
In the third of a series of interviews with UK corporate leaders, Sir Kevin Smith, chief executive of GKN, tells Michael Kavanagh that the engineering group is back on the acquisition trail after the recession took its toll
|
Prudential gains amid talk of strategic review
Date: Thu, 29 Jul 2010 20:39:09 +0100
Weak earnings news from the US countered strong figures from UK companies to send the FTSE 100 slightly lower
|