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European sales boost Hornby profits by 50%

11/11/2011

European sales have helped model maker Hornby boost sales by 50% over the past six months, compared with the same time last year.


 

Disney profits swelled by increase in theme park spending

11/11/2011

An increase in visitor spending at theme parks has helped to boost Walt Disney quarterly profits.


 

Italian debt causes more concern for investors

10/11/2011

European markets remain unstable after news of Italy’s borrowing hit a record high of 7%, which reintroduced fears over the debt crisis.


 

UK: 0.5% interest rate maintained; no further quantitative easing

10/11/2011

The Bank of England’s Monetary Policy Committee today voted to maintain the historically low 0.5% interest rate for another month, and to retain the quantitative easing programme at £275bn.


 

Crédit Agricole's profits hit by Greek government bonds

10/11/2011

Crédit Agricole's Board of Directors, chaired by Jean-Marie Sander, met on 9 November 2011 to review the accounts for the third quarter and first nine months of 2011.


 

Olympus facing Tokyo Stock Exchange delisting

10/11/2011

Japanese camera maker Olympus has been threatened with delisting from the Tokyo Stock Exchange unless they present financial earnings by December 14th.


 

No large scale tax cuts in Autumn Statement, Cable says

10/11/2011

Business Minister Vince Cable has said that the government is not about to introduce large scale tax cuts or big increases in public spending to boost growth.


 

Friends Life creates new asset management business

09/11/2011

Friends Life today (Wednesday) announced the creation of Friends Life Investments - a new in-house asset management business - which will launch in the second half of 2012.


 

Lloyds face potential downgrading from Moody's

09/11/2011

Credit ratings agency Moody's have confirmed that they are considering downgrading Lloyds' rating following the illness of chief executive Antonio Horta-Osorio.


 

HSBC shares dip as profits fall

09/11/2011

Shares in HSBC have fallen today after the bank revealed a decrease in underlying profits.