Hints and tips:
...It was Elizabeth Taylor who is credited with jump-starting the celebrity fragrance category — her 1991 White Diamonds fragrance has generated more than $1.5bn in sales for Elizabeth Arden since its launch...
...Lady Mary Arden, a justice of the Supreme Court, who gave the court’s ruling said this was a “very substantial case for Asda”....
...● J Sainsbury received a number of downgrades on the back of Wednesday’s announcement from the Competition and Markets Authority raising serious concerns about its proposed merger with Asda....
...Nielsen market share data showed Tesco’s sales growing 3.1 per cent in the 12 weeks to late February, compared with just 0.8 per cent growth for sector laggard J Sainsbury....
...Shares in Elizabeth Arden fell 23 per cent at $15.05 after announcing a worse than expected sales decline in the fourth quarter....
...However, the key US market was weak with revenues dropping to $382m from $431m as its nail polish business struggled, a trend highlighted by peer Elizabeth Arden this week....
...companies picked out by the screen were estate agents’ portal Rightmove, financial services group Hargreaves Lansdown, support services firm Interserve, wholesaler Booker, fashion chain Next, supermarket J...
...- Corporate: Shire, Rolls-Royce, Misys, Easyjet, Arden Partners, Prezzo,...
...“The core UK retail market is clearly tough, but the word of the day for retailers was newness,” said Nick Bubb, retail analyst at Arden Partners....
...The company said its chief executive, Ajay Kalsi, had sold almost 20m shares at 650p via an institutional placing organised by Arden Partners, unchanged at 54p, that was oversubscribed....
...- Corporate: ABB, African Barrick Gold, Arden Partners, BP, Imagination Technologies, Laura Ashley, SThree, BAA, Queen’s Walk Investment....
...The company was left on a forward earnings ratio of 10 times compared with a sector average of 12, according to Arden Partners....
...Supergroup , the clothing retailer that was floated in March at 500p a share, rose 2.1 per cent to 785p on the back of “buy” advice from Arden Partners....
...“Buy” advice from Arden Partners helped, as did an upgrade to “add” from Numis Securities....
...Among grocers, J Sainsbury lost 0.2 per cent to 329¾p even after HSBC revived theories that the Qatar Investment Authority, its 26 per cent shareholder, may eventually bid....
...Ramius Fund of Funds has hired Vikas Kapoor, a former managing director at Arden Asset Management, as head of risk management....
...He noted that interim debt levels had grown “significantly” by £110m to £150m and had further risen following the £65m convertible bond issued in July to buy rival Retail-J....
...“The current rating fails to recognise Headlam’s unique position within the UK floorcovering market which should provide outperformance over coming years,” said Ben Thefaut of Arden Partners....
...A bid from J&J would certainly impress as Oxford told the market last week it was in discussions about a potential merger, indicating the bidder was of comparable size....
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