Video streaming site Hulu sounds out $2bn flotation

first_img More From Our Partners Brave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.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.orgI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comMark Eaton, former NBA All-Star, dead at 64nypost.com‘The Love Boat’ captain Gavin MacLeod dies at 90nypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.com Video streaming site Hulu sounds out $2bn flotation KCS-content Monday 16 August 2010 8:38 pm whatsapp ONLINE video site Hulu could become the biggest internet IPO of the year after its owners began sounding out the market for a potential $2bn (£1.3bn) listing yesterday.The joint venture between Disney, News Corp, NBC Universal, who all own 27 per cent of the firm, and Providence Equity Partners, was launched to combat the prevalence of piracy on sites such as YouTube. The US-based firm is a rival to video screening sites such as Apple TV and Netflix. Industry sources say the media giants are raising the cash to further extend the reaches of the site, which is known for screening hit shows such as Family Guy and Glee before its rivals. A Hulu spokesman told City A.M.: “We do not comment on market rumour or speculation.”Hulu is second only to YouTube in terms of unique users in the US but still trails far behind its Google-owned rival. However, it pushes almost twice the number of adverts and reportedly hit revenues of around $100m last year.The video streaming industry is rapidly expanding as studios seek alternative revenue streams in the face of internet piracy. center_img whatsapp Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUndoNoteabley25 Funny Notes Written By StrangersNoteableyUndoCrowdy FanShe Didn’t Know Why Everyone Was Staring At Her Hilarious T-ShirtCrowdy FanUndoBetterBe20 Stunning Female AthletesBetterBeUndoautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comUndoAtlantic MirrorA Kilimanjaro Discovery Has Proved This About The BibleAtlantic MirrorUndoTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastUndoElite HeraldKate Middleton Dropped An Unexpected Baby BombshellElite HeraldUndoTrading BlvdThis Picture of Prince Harry & Father at The Same Age Will Shock YouTrading BlvdUndo Tags: NULL Show Comments ▼ Sharelast_img read more

Markets fall as fears over economic recovery mount

first_img whatsapp Show Comments ▼ Share The FTSE 100 dropped today (Tuesday) led by falls in risk sensitive assets such as banks and commodity stocks as fears intensified over the sustainability of the global recovery.The index shed 61.37 points, or 1.2 per cent at 5,140.19, erasing the 0.9 per cent gain on Friday, as traders returned after the Bank Holiday break.Concerns about the pace of economic recovery dented investor sentiment. Wall Street .DJI slid 1.3 percent as a statement from President Barack Obama fell short of addressing worries the recovery is faltering, while investors looked ahead with caution to important economic data coming this week.Tokyo stocks shed 3.6 per cent, their worst daily drop in three months, after the Bank of Japan’s emergency moves the day before failed to curb the yen’s strength and disheartened investors bailed out of the market.“There has been a concern for some time now that central banks have been running out of ammunition in term of ways of being able to stimulate the economy,” Richard Hunter, head of UK Equities at Hargreaves Lansdown Stockbrokers said.In London, the banking sector led on the slide, with Barclays off three per cent.Weakness was also seen in energy and mining stocks, which fell in tandem with commodity prices as the outlook for global demand clouded over.Outsourcing company Serco was a top faller, down 2.9 per cent as BofA Merrill Lynch cut its rating to “neutral” from “buy” ahead of the UK spending review in October Markets fall as fears over economic recovery mount John Dunne center_img whatsapp 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 Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeNoteabley25 Funny Notes Written By StrangersNoteableyUndoTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastUndoMoneyPailShe Was Famous, Now She Works In {State}MoneyPailUndoSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesUndoBetterBe20 Stunning Female AthletesBetterBeUndomoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comUndoLuxury SUVs | Search AdsThese Cars Are So Loaded It’s Hard to Believe They’re So CheapLuxury SUVs | Search AdsUndoDrivepedia20 Of The Most Underrated Vintage CarsDrivepediaUndoautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comUndo Tuesday 31 August 2010 4:31 amlast_img read more

HSBC sells its distribution arm

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.comautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.com Monday 20 September 2010 8:52 pm HSBC sells its distribution arm 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 ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofTortilla Mango Cups: Recipes Worth CookingFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family ProofCheese Crostini: Delicious Recipes Worth CookingFamily Proof Share whatsapp HSBC has sold its Asian banknote distribution business for $15m (£9.6m) to United Overseas Bank. The banking group has closed the remaining 60 per cent of its global distribution branch. HSBC said in June it would dispose of the arm as a non-core operation.Its role as a banknote producer in Hong Kong will be unaffected by the sale, which is expected to close in the fourth quarter of 2010.“This largely standalone business was not core to [the bank’s] strategy,” the firm said yesterday. center_img KCS-content Show Comments ▼ whatsapp Tags: NULLlast_img read more

Betfair

first_img Tags: NULL whatsapp KCS-content whatsapp Share 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 PastMoneyPailShe 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.comPeople-TodayWoman Files For Divorce After Seeing This PhotoPeople-TodayTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island Farm Show Comments ▼center_img Betfair may be getting all the press at the moment with its upcoming float and its threats to leave the UK, but Ladbrokes reminded us it is still here yesterday when it announced a whopping 128 per cent hike in operating profit. This is obviously to be taken strictly within the context of incredibly weak comparatives and the World Cup boost but still represents good progress. It has kept costs at 2009 levels and its slimmed down debt pile (now at £490m) looks manageable compared to cash generation. With a valuation of 7.5 times Ebitda, it appears a snip compared to Betfair’s 13.5 times. However, it will struggle to compete with its online rival’s higher margin potential.Worryingly its average stake declined five per cent year-on-year and William Hill still looks preferable thanks to its more highly developed online strategy. If you’re a betting man it’s worth a punt but keep a closer eye on its rivals. Betfair 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 Wrap’Sex and the City’ Sequel Series at HBO Max Adds 4 More ReturningThe 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 Monday 11 October 2010 9:04 pmlast_img read more

CITY MOVES | WHO’S SWITCHING JOBS

first_img Show Comments ▼ whatsapp Tags: NULL Matrix GroupMatrix, the financial services firm, has announced the appointment of a new chief operating officer for asset management: Paul Bramley. Bramley has worked in financial services for more than 20 years, including occupying previous COO and chief financial officer roles. He is also a qualified chartered accountant and has worked at NatWest Markets, Kidder, Peabody and Merrill Lynch International.BoA Merrill LynchBank of America Merrill Lynch Global Research has appointed Athanasios Vamvakidis to be head of European G10 forex strategy, reporting to David Wood. Vamvakidis will be responsible for leading the G10 forex marketing effort as well as covering the subject and will be based in London. He joins the company from the International Monetary Fund where has spent the last 13 years, most recently as a deputy division chief. GleedsManagement consultancy Gleeds has appointed Peter Kelland as a director in Gleeds Advisory. He will be building on 32 years’ experience in tax advice, having worked at Crosher & James. He will now be responsible for several client portfolios and for developing relationships and drumming up new business. SEIFormer Barclays Wealth head of UK asset management David Simpson has moved over to SEI to be senior business development director. The position is newly created in order to enable the firm to react to interest from global businesses and insurance companies. Simpson has spent 22 years in financial services, having been responsible for the management and development of retail services for Barclays Wealth in the UK and Europe.American Century InvestmentsSimon Chester has joined American Century Investments as VP and senior corporate analyst. He will be responsible for providing credit analysis on European and UK issuers and will be based in the London office. Formerly, Chester has spent nine years as a senior credit analyst as Western Asset Management Company, specialising in Europe. Previously, he has worked at ABN AMRO Bank, NatWest and First National Bank of South Africa. whatsapp Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofNew England Patriots’ Cam Newton says no extra motivation from Mac Jones’SportsnautTortilla Mango Cups: Recipes Worth CookingFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family Proof Sharecenter_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 PastMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailWanderoamIdentical Twins Marry Identical Twins – But Then The Doctor Says, “STOP”WanderoamSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesZen HeraldNASA’s Voyager 2 Has Entered Deep Space – And It Brought Scientists To Their KneesZen HeraldHistorical GeniusHe Was The Smartest Man Who Ever Lived – But He Led A Miserable LifeHistorical GeniusMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesElite HeraldExperts Discover Girl Born From Two Different SpeciesElite Herald CITY MOVES | WHO’S SWITCHING JOBS Monday 22 November 2010 7:14 pm KCS-content last_img read more

FSA publishes new code on bank bonuses

first_img whatsapp FSA publishes new code on bank bonuses whatsapp Share Friday 17 December 2010 9:12 am The new code on awarding bank bonuses is closely aligned to European Union rules agreed last week and will apply to 2,700 financial firms in the UK, the Financial Services Authority (FSA) has said.The code outlines four tiers of firms, saying that those in tiers three and four – small banks and building societies, and firms that do not put their balance sheets at risk – may be exempt from many of the stricter rules set out by the EU’s Committee of European Banking Supervisors (CEBS) last week.“The most significant of these are the requirement to have a UK-based remuneration committee, deferral, and the proportion of variable remuneration paid in shares. For other rules, the FSA will apply a discretionary approach that is likely to result in less-onerous requirements,” the FSA said. center_img John Dunne More From Our Partners A ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgMark Eaton, former NBA All-Star, dead at 64nypost.com Show Comments ▼ 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 PastMoneyPailShe 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 AthletesBetterBeMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesElite HeraldExperts Discover Girl Born From Two Different SpeciesElite Heraldmoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.com Tags: NULLlast_img read more

City should teach personal finance

first_img City should teach personal finance by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBeElite HeraldExperts Discover Girl Born From Two Different SpeciesElite Heraldmoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comZen HeraldThe Truth About Why ’40s Actor John Wayne Didn’t Serve In WWII Has Come To LightZen Herald Share Tags: NULL KCS-content whatsappcenter_img Show Comments ▼ Tuesday 11 January 2011 8:20 pm whatsapp Read This Next’Pose’ Creator Steven Canals on Life After His Groundbreaking Show: ‘I’mThe Wrap’The Boys’ Star Aya Cash Took Inspiration From YouTube, TikTok and SteveThe WrapHow HGTV’s ‘Renovation Island’ Changed Bryan and Sarah Baeumler’sThe Wrap’Bridgerton’ Stars Phoebe Dynevor and Nicola Coughlan on Daphne andThe WrapBest Wine Gifts & Wine Accessories at Every PriceGayot’Hitman’s Bodyguard’s Wife’ Earns $17 Million 5-Day Opening as Box OfficeThe WrapFox News’ Mark Levin Says Capitol Riot Suspects ‘Would Be Treated Better’The WrapEverything We Know, or Think We Know, About the Time-Keepers on ‘Loki’The Wrap’The Crown’: What Went Into Finding Princess Diana and Margaret ThatcherThe Wrap CITY A.M. is today launching a campaign to increase financial literacy in the UK, and calling on City companies to provide significant financial support for an educational fund. A report into UK financial literacy by the Financial Services Authority (FSA) in 2005 found that only 19 per cent of people stay informed of financial products and specific financial information sources, and that most still rely on general newspaper, television and radio content. Although 81 per cent of those heading for retirement did not think a state pension could provide them with the standard of living they hope for when they give up work, 37 per cent had made no additional provisions for a private pension plan.The campaign has been welcomed by Conservative MP Sajid Javid and, as our City Views prove, has the weight of the workforce behind it.But it’s not just the general public that have a knowledge shortfall – financial education needs to target all sectors of society, and to start with the basics. “I’ve found that even in the Houses of Parliament there are some MPs that struggle with the difference between the debt and the deficit,” said Javid. “I’m convinced that increasing financial literacy is a great cause and City A.M. can run an interesting debate on a matter that deserves to be looked into.”The establishment of the Consumer Financial Education Body last year is a step in the right direction, but it currently raises all funding through FSA contributions, rather than voluntary donations. A much larger source of money is needed, and it should be provided by those who have both the motivation and the means to make an investment in the country’s financial future. last_img read more

WILL INTEREST RATES BE RAISED THIS YEAR?

first_img WILL INTEREST RATES BE RAISED THIS YEAR? Wednesday 26 January 2011 7:19 pm Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofChicken Bao: Delicious Recipes Worth CookingFamily ProofNew England Patriots’ Cam Newton says no extra motivation from Mac Jones’SportsnautCheese Crostini: Delicious Recipes Worth CookingFamily Proof JAIMIE FERNANDEZ | LDN UNDERWRITING“Yes. It probably should happen but I wouldn’t want them to. They perhaps need to go up to get us back into a good position.”ANTHONY BURKE | WSI CORPORATE“Yes, in this economic climate. It should happen to keep inflation under control and it’ll probably happen towards the end of the year.”DANIEL WARD | KELWAY“Yes, a little bit to control inflation, but not much is needed. I don’t think it will make much difference based on the current drivers.” Share whatsapp KCS-content Show Comments ▼ whatsapp Tags: NULLlast_img read more

JJB fined for lack of deal disclosure

first_img whatsapp by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryBetterBe20 Stunning Female AthletesBetterBeSenior Living | Search AdsNew Senior Apartments Coming to Scottsdale (Take A Look at The Prices)Senior Living | Search Adsautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comElite HeraldExperts Discover Girl Born From Two Different SpeciesElite Herald Tags: NULL JJB fined for lack of deal disclosure whatsapp Share center_img More From Our Partners Police Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comSidney Crosby, Alex Ovechkin are graying and frayingnypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.comMark Eaton, former NBA All-Star, dead at 64nypost.com Show Comments ▼ Wednesday 26 January 2011 7:31 pm SPORTS retailer JJB was fined nearly £500,000 yesterday for failing to give investors the full picture about two acquisitions.The Financial Services Authority imposed the fine after JJB said in 2007 that it had bought the Original Shoe Company for £5m, without disclosing it paid an extra £10.04m to buy all the shoe chain’s stock. In 2008, JJB told the market it bought Qubefootwear for £1, but did not mention it had paid a further £6.47m to settle the company’s overdraft.The information inflated JJB’s share price for nine months before the extent of its indebtedness was exposed in its interim 2008 results. Its share price dived 49.5 per cent that day. The FSA said the failure “showed a lack of regard for the market.” KCS-content last_img read more

Arena bags Olympic contract

first_img Show Comments ▼ whatsapp whatsapp by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryPeople TodayNewborn’s Strange Behavior Troubles Mom, 40 Years Later She Finds The Reason Behind ItPeople TodayMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItZen HeraldNASA’s Voyager 2 Has Entered Deep Space – And It Brought Scientists To Their KneesZen HeraldBetterBe20 Stunning Female AthletesBetterBeWanderoamIdentical Twins Marry Identical Twins – But Then The Doctor Says, “STOP”Wanderoam The UK’s largest racecourse operator Arena Leisure said yesterday it had won a catering contract for the 2012 London Olympics, which was expected to boost its profit. The company, which would provide catering services at two venues for the Olympic and Paralympic Games in 2012, said its 2012 net profit contribution from the contract would be up to £1m. For the six months ended June, the company had posted an adjusted pre-tax profit of £1.2m. Arena, which supplies catering services across each of its seven racecourse venues, established its own catering business in 2007. Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily 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 ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofChicken Bao: Delicious Recipes Worth CookingFamily ProofCheese Crostini: Delicious Recipes Worth CookingFamily ProofNew England Patriots’ Cam Newton says no extra motivation from Mac Jones’Sportsnautcenter_img KCS-content Share Arena bags Olympic contract Tags: NULL Thursday 10 February 2011 8:32 pmlast_img read more