Virgin Mobile close to agreeing to NTL's revised offer
Cable operator NTL Inc.'s take over offer of Virgin Mobile is expected to progress with Sir Richard Branson proposing a 930- million-pound deal, and Virgin Mobile's board becoming responsive to the offer, according to reports.
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Sat, 14 Jan 2006 20:25 GMT |
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Crisp maker Golden Wonder placed in administration
Golden Wonder Ltd., Britain's renowned crisps maker, has filed for bankruptcy and its management has been handed over to administrators, restructuring firm Kroll.
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Wed, 11 Jan 2006 07:55 GMT |
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BA reports improvement in passenger traffic
British Airways said its passenger traffic in December rose 4.7 per cent compared to December 2004. The airline, Europe's third-largest, said in a statement to the stock exchange Thursday its load factor rose to 74.2 per cent from 72.7 per cent.
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Sat, 07 Jan 2006 08:10 GMT |
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John Lewis reports strong sales in Christmas period
LONDON - Employee owned retailer, John Lewis Partnership has announced that the same-store sales in its department stores have increased by 4 percent in the first week of the end-of-the-year sale.
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Fri, 06 Jan 2006 20:05 GMT |
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Next expects better profits, but cautious about 2006
High street fashion retailer Next Plc said it expects to better its annual profit forecasts. The company said new stores it added and a good holiday season sales have helped it and it hopes to have full-year profit before tax in the range of 435 million to 450 million pounds, compared with analysts' prediction of 420 million pounds.
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Thu, 05 Jan 2006 08:05 GMT |
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Cookson sells its SCS unit, meets divestment target a year earlier
Industrial materials company Cookson Group Plc. sold its electronics business SCS for 32.3 million pounds, beating a deadline for divesting its non-core assets by nearly a year. The company had said last year that it intended to raise 100 million pounds by exiting such businesses by end-2006.
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Wed, 04 Jan 2006 08:00 GMT |
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Royal Mail loses 350-year monopoly status
The 350-year-old monopoly that Royal Mail had on Britain's postal system ended 1 January, when the new rules allowed a set of private operators to compete with the government department in the multi-million pound market.
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Tue, 03 Jan 2006 08:10 GMT |
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