Month: September 2021

Disney gets its fairytale ending with $1.3bn profit

first_img whatsapp whatsapp Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofTortilla Mango Cups: Recipes Worth CookingFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family ProofThe Truth About Bottled Water – Get the Facts on Drinking Bottled WaterGayot Show Comments ▼ HIT movies like Toy Story 3 and higher advertising sales have lifted quarterly profit at Walt Disney by 40 per cent, the firm said yesterday. Pre-tax profit for the three months to 3 July rose to $1.3bn (£820m), from $954m a year ago, while revenue beat analyst forecasts by rising 16 per cent to $10bn.Spin offs from blockbuster films boosted sales in the consumer product division, which advanced 19 per cent to $606m. Revenue at the firm’s media arm, which houses sports network ESPN and broadcaster ABC, rose 19 per cent to $4.6bn, benefiting from $344m in turnover held over from last year. However, the theme parks arm saw turnover slide eight per cent to $477m, as holidaymakers spent time at cheaper resorts following price rises at Disney destinations. KCS-content Tuesday 10 August 2010 8:50 pmcenter_img Share Disney gets its fairytale ending with $1.3bn profit by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailNoteabley25 Funny Notes Written By StrangersNoteableyZen HeraldThe Truth About Why ’40s Actor John Wayne Didn’t Serve In WWII Has Come To LightZen HeraldCrowdy FanShe Didn’t Know Why Everyone Was Staring At Her Hilarious T-ShirtCrowdy FanBetterBe20 Stunning Female AthletesBetterBeAtlantic MirrorA Kilimanjaro Discovery Has Proved This About The BibleAtlantic Mirrorautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastElite HeraldKate Middleton Dropped An Unexpected Baby BombshellElite Herald Tags: NULLlast_img read more

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Vedanta seals £5bn buyout of Cairn India

first_imgSunday 15 August 2010 10:49 pm whatsapp KCS-content Share CAIRN ENERGY is this morning poised to announce the sale of a majority stake in its Indian venture to Vedanta Resources, the precious metals miner, for around £5bn.Lawyers were last night scrambling to finalise the paperwork for Vedanta’s purchase of 51 per cent of Cairn India. Cairn is expected to retain an 11 per cent stake, with the rest held by the Indian government and Malaysia’s Petronas. Cairn shareholders are in for a multi-billion pound windfall, most likely through a special dividend. The remainder of the transaction cash will be used to fund Cairn’s drilling project off the coast of Greenland.The deal marks the first foray into energy for Vedanta’s billionaire controller Anil Agarwal. Vedanta specialises in aluminium, copper and zinc extraction but will now gain access to Cairn’s lucrative oil and gas fields in Rajasthan.Shares in the companies, both FTSE 100 constituents, moved in opposite directions on Friday as Cairn investors hoped for a payout and Vedanta holders fretted about its balance sheet. Cairn stock rose 3.4 per cent to 468.3p while Vedanta stock fell 5.9 per cent to £20.53.However, India’s authorities will scrutinise the proposal closely. The government owns a stake through state-controlled Oil and Natural Gas Corp and is irked at Vedanta’s lack of direct experience in the sector, according to local media reports. More From Our Partners Russell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comKiller drone ‘hunted down a human target’ without being told tonypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgUK teen died on school trip after teachers allegedly refused her pleasnypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comPuffer fish snaps a selfie with lucky divernypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comcenter_img whatsapp Vedanta seals £5bn buyout of Cairn India Show Comments ▼ by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailBetterBe20 Stunning Female AthletesBetterBeautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island FarmHero WarsBig Boss of internet games!Hero Warsmoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.cominvesting.comCanceled TV Shows Announced: Full Updated Listinvesting.comElite HeraldKate Middleton Just Dropped An Unexpected Baby BombshellElite Herald Tags: NULLlast_img read more

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Clayton Dubilier snaps up stake in Univar from CVC

first_imgThursday 2 September 2010 7:58 pm Clayton Dubilier snaps up stake in Univar from CVC KCS-content Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofTortilla Mango Cups: Recipes Worth CookingFamily ProofNew England Patriots’ Cam Newton says no extra motivation from Mac Jones’SportsnautBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family Proof Tags: NULL Share by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastNoteabley25 Funny Notes Written By StrangersNoteableyMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBetterBe20 Stunning Female AthletesBetterBemoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comElite HeraldExperts Discover Girl Born From Two Different SpeciesElite Heraldautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comZen HeraldThe Truth About Why ’40s Actor John Wayne Didn’t Serve In WWII Has Come To LightZen Heraldcenter_img whatsapp whatsapp Show Comments ▼ PRIVATE equity firm Clayton, Dubilier & Rice said yesterday it had acquired a large minority interest in Univar, a large chemical distribution business, from the buyout firm CVC Capital Partners.Clayton Dubilier and CVC each now own 42.5 per cent of Univar, which is valued at about $4.2bn (£2.7bn) including debt. Clayton Dubilier paid $760m for its stake, according to people briefed on the transaction. CVC Capital Partners took the Rotterdam-based chemicals group private in a €1.5bn deal three years ago and is retaining a 42.5 per cent stake in the company.The company’s management, led by its president and chief executive John Zillmer, will keep a stake of about five per cent. Goldman Sachs and Parcom Capital will own the rest.Univar will postpone an initial public offering for which CVC had announced plans in June. Univar, which had $7.2bn of revenues in 2009, is the market leader in the US and Canada. last_img read more

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City law firms upbeat about next 12 months

first_img whatsapp Share More From Our Partners A ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.org980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comSidney Crosby, Alex Ovechkin are graying and frayingnypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.com City law firms upbeat about next 12 months Tuesday 14 September 2010 8:34 pm THREE out of four law firms based in London are upbeat about the next 12 months while regional counterparts continue to remain cautious.Annual figures assembled by accountancy firm Smith & Williamson show that three quarters of the firms polled with a head office in London are “reasonably confident” about the next year.Sixty-eight per cent of firms located in the South East felt confident about the coming 12 months, while just under half of the firms polled in the rest of the UK remained upbeat. Overall, however, sector wide confidence has returned to 2006 and 2007 levels with 63 per cent of the UK’s top 100 firms are not worried about the next year.“As the financial services industry centred around London rebounds from the recession, it appears that those law firms based in the capital are the most positive about the future, whereas, regional firms are more concerned about the wider economy,” said Giles Murphy, head of professional practices group at Smith & Williamson. This is the 16th year that the accountancy and professional services firm has conducted the legal confidence survey. whatsapp Tags: NULL Show Comments ▼ KCS-content last_img read more

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ENRC faces legal action

first_img KCS-content whatsapp by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastPeople TodayNewborn’s Strange Behavior Troubles Mom, 40 Years Later She Finds The Reason Behind ItPeople TodayNoteabley25 Funny Notes Written By StrangersNoteableyMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBemoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.com Share Show Comments ▼ More From Our Partners 980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.org First Quantum Minerals is suing units of Eurasian Natural Resources Corp which bought rights to Kolwezi, a disputed copper project, after Democratic Republic of Congo withdrew First Quantum’s licence.First Quantum will also inititate international arbitration proceedings shortly over Frontier, a second project in the DRC, as the miner fights for the return of assets in the country, the group’s president, Clive Newall said.The miner suspended operations at Frontier last month after being stripped of its exploration permit, a move it said was retribution for entering into arbitration over Kolwezi.A spokeswoman for FTSE 100 miner ENRC reiterated comments made last week that the miner would vigorously defend any legal action. Newall said the amount of compensation First Quantum was seeking over Kolwezi would emerge during the proceedings. “We are claiming for essentially the fair value of the project which will be in the billions, but just how much depends on prevailing metal prices,” he said. center_img whatsapp Wednesday 15 September 2010 8:48 pm ENRC faces legal action Tags: NULLlast_img read more

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Ireland finds that less bad isn’t good enough

first_img Show Comments ▼ Ireland finds that less bad isn’t good enough KCS-content whatsapp THE Irish parliament reconvenes today after its summer recess under distinctly chilly conditions. The markets have spent the week growing ever more anxious about tomorrow’s news on the costs of restructuring Anglo Irish Bank. The coalition government has a ruling majority of just six seats, and must hope that tomorrow’s numbers will restore some calm if a tough budget promising further public sector cuts in December is to remain on track.With the yield spread between 10-year Irish government bonds and German bunds reaching 4.5 percentage points yesterday, what can we see in Ireland’s fundamentals to help separate uncertainty feeding on uncertainty from justified caution?Some of the fears already seem a little overdone. Moody’s decision to downgrade Anglo Irish senior subordinated debt by three notches on Monday was a rejection of finance minister Brian Lenihan’s comment last week that a default on senior debt was “unthinkable”. But the Irish Independent reported yesterday that it had learned senior bondholders would see their debt honoured, contradicting Moody’s take. We shall soon find out who is right.Either way, Ireland’s problems are straightforward. David Haugh, Patrice Ollivaud and David Turner, in a 2009 working paper for the OECD, find that a main driver of Ireland’s bond spread against the bund was the sharp relative deterioration of Ireland’s fiscal position from June 2007 to June 2009. They note “an increase in expected fiscal deficits is likely playing a large role in the increase in spreads across all countries and particularly Ireland”. Hardly surprising, but powerful nonetheless.It’s certainly true that whatever the figures announced tomorrow the Anglo Irish bill will help push the Irish deficit higher, up to around a quarter of GDP. Still, it is worth bearing in mind that Ireland’s weaknesses have much to do with the brutal impact of the financial crisis and less to do with persistent economic failings. Carlos Caceres, Vincenzo Guzzo and Miguel Segoviano, in a 2010 IMF working paper, point out that countries hit hard by the crisis like Ireland were replaced as the greater source of contagion and default risk by countries like Portugal, Greece and Spain, where long-term fiscal sustainability remains in greater question. According to the European Economy Statistical Annex, Ireland’s deficit may be high but its debt to GDP ratio in spring 2010 was 77.3 per cent, lower than the UK’s at 79.1 per cent and utterly different from the Greek ratio of 124.9 per cent or the Italian ratio of 118.2 per cent.Still, as Haugh, Ollivaud and Turner also point out, the relationship between fiscal performance and bond yield spreads appears to be non-linear, with incremental deteriorations in fiscal performance bringing ever larger increases in the spread. Financial market reaction constrains fiscal policy more than ever, a lesson that all economies need to remember, not just Ireland. whatsapp Tags: NULL by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryFinanceChatterViewers Had To Look Away When This Happened On Live TVFinanceChatterTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastNoteabley25 Funny Notes Written By StrangersNoteableyMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItPeople TodayNewborn’s Strange Behavior Troubles Mom, 40 Years Later She Finds The Reason Behind ItPeople TodayBetterBe20 Stunning Female AthletesBetterBe Share Tuesday 28 September 2010 11:18 pm last_img read more

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Alliance Boots to cut 900 jobs

first_imgMonday 4 October 2010 11:07 am whatsapp by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryNoteabley25 Funny Notes Written By StrangersNoteableyMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailBetterBe20 Stunning Female AthletesBetterBeBridesBlushThis Is Why The Royal Family Kept Quiet About Prince Harry’s Sister BridesBlushTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island Farmthedelite.comNetflix Cancellations And Renewals: The Full List For 2021thedelite.comAtlantic MirrorA Kilimanjaro Discovery Has Proved This About The BibleAtlantic MirrorElite HeraldKate Middleton Just Dropped An Unexpected Baby BombshellElite Herald Alliance Boots has announced plans to cut 900 non-retail jobs as part of a programme to save £56m.The cuts will be made mainly at the firm’s health and beauty division Nottingham.The firm said the cuts will not hit staff in shops and will be made through staff turnover where possible.Alex Gourlay, chief executive of the firm’s health and beauty division, said: “Since 2007, we have undertaken a number of steps to make our business more robust, investing significantly in our stores and commercial offering.“This latest phase will enable us to have a stronger and more agile support infrastructure fit for the long-term future.” whatsapp Alliance Boots to cut 900 jobs center_img Show Comments ▼ Tags: NULL John Dunne Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe Wrap’Sex and the City’ Sequel Series at HBO Max Adds 4 More ReturningThe WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe WrapNewsmax Rejected Matt Gaetz When Congressman ‘Reached Out’ for a JobThe Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The Wrap Sharelast_img read more

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The UK bank levy risks tarring banks as toxic

first_img by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastNoteabley25 Funny Notes Written By StrangersNoteableyMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBemoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan Times KCS-content Show Comments ▼ THE Treasury’s consultation on the introduction of a UK bank levy closes today. Draft legislation will be published in the autumn for further comment and the final draft will be published towards the end of the year. The levy will be introduced from 1 January 2011. As that hurried timetable suggests, the consultation is concerned only with working out the finest of details, rather than providing an opportunity to challenge the advisability of the levy itself.The Treasury consultation document is clear on what the bank levy is not intended to be: it is not a fund for future bailouts. Instead, the UK’s bank levy has two stated purposes: firstly, “to encourage banks to move away from riskier funding”; and secondly, to tax large banks for being a lasting danger to the economy. The first is presented with little argument, while the second is alarming.The consultation response by the Institute of Directors (IoD) addresses the first rationale in detail. As the IoD points out, in principle pricing risky behaviour to account for its costs is preferable to a ban. But we cannot assume the levy will achieve this. An effective levy in this sense might require an internationally uncompetitive and therefore impractical rate. The IoD concludes: “full computations of appropriate levels, linked to the costs that need to be priced in, should be published for public scrutiny”. Without data, this claim lacks substance.We are left with only one real justification for the levy. In the consultation document’s own words: “It is fair and it is right that banks should make an appropriate contribution, which reflects the many risks they generate.” The banking industry understands that it has to reform itself and win back the public’s trust: many City representatives met yesterday at Mansion House to discuss this very problem. Can it really be helpful as part of that process to have the government expressly target banks as a hazardous, costly presence in the UK?Note too the slippery nature of that word “appropriate”. Many were pleased that George Osborne did not set the UK levy far higher. But there is no guarantee that it will stay where it is. Ed Miliband has implied he would like to see it higher still. The Liberal Democrats wanted it higher as well. Osborne will not always be chancellor.This levy is an uncompetitive policy that has more to do with feeding public resentment than with preventing another crisis. In leaving the banks at the mercy of future political calculations, it has the potential to help create one instead. Monday 4 October 2010 9:02 pm More From Our Partners Native American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comKiller drone ‘hunted down a human target’ without being told tonypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.org980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comMark Eaton, former NBA All-Star, dead at 64nypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comBill Gates reportedly hoped Jeffrey Epstein would help him win a Nobelnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comWhy people are finding dryer sheets in their mailboxesnypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comConnecticut man dies after crashing Harley into live bearnypost.comcenter_img Share whatsapp whatsapp The UK bank levy risks tarring banks as toxic Tags: NULLlast_img read more

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Hovis advert collects major industry award

first_img Share Monday 1 November 2010 9:04 pm Advertising agency MCBD last night scooped the top award at the prestigious IPA Effectiveness Awards.TV spot advertising for the campaign featured a young boy carrying a loaf of bread through northern streets at the time of historical events including the sinking of the titanic, suffragette marches, the first and second world wars and the miners’ strikes. The campaign featured the slogan “As good today as it’s always been”. It ran between 2008 and May this year and is credited with reviving one of Britain’s oldest brands and generating £90m profits.Hovis has bucked the trend at struggling Premier Foods by recording sales growth of 1.8 per cent.Premier Foods describes the strategy as “a mixture of innovation, advertising and promotional intensity”.The UK’s largest food producer last week reported its sales dropped 4.2 per cent year-on-year. Hovis advert collects major industry award whatsapp Show Comments ▼center_img whatsapp by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStorySerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity Timesmoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island FarmAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCutethedelite.comNetflix Cancellations And Renewals: The Full List For 2021thedelite.comReporter CenterBrenda Lee: What Is She Doing Now At 76 Years of Age?Reporter CenterBeach RaiderSee The Woman Bradley Walsh Is Dating At 61Beach Raider Tags: NULL Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe WrapNewsmax Rejected Matt Gaetz When Congressman ‘Reached Out’ for a JobThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe Wrap’Sex and the City’ Sequel Series at HBO Max Adds 4 More ReturningThe Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The Wrap KCS-content last_img read more

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BEST OF THE BROKERS

first_imgThursday 4 November 2010 9:35 pm BTUBS rates the telecoms group a “sell” with a 12-month target price of 120p. The broker forecasts a four per cent fall in revenue when BT announces its quarterly results next Thursday, and believes the company’s huge pension deficit will remain the primary focus. It also predicts that the firm will have made moderate cost cuts.BABCOCKBrewin Dolphin rates the support services group a “buy” with a 12-month target price of 710p. The broker believes Babcock has underperformed in the last month, and that its interim results due on Tuesday should reassure shareholders that the investment case is intact. Brewin adds that the weakening of peer Serco will aid the firm.NEXTArden Partners rates the retailer an “add” with a reduced target price of £23.50. Despite the firm’s disappointing results earlier in the week, the broker sees encouraging signs in its earnings per share growth record and current modest rating. However, Arden expects M&S to impress more when it brings out interim results next week. Show Comments ▼ Share BEST OF THE BROKERS whatsapp Tags: NULL whatsapp KCS-content More From Our Partners Supermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orglast_img read more

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