Restaurant Group profit surges

first_img Restaurant Group profit surges More From Our Partners Russell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.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.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgMark Eaton, former NBA All-Star, dead at 64nypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.com‘The Love Boat’ captain Gavin MacLeod dies at 90nypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comWhy people are finding dryer sheets in their mailboxesnypost.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.com KCS-content whatsapp Share 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 A Star, Now She Works In ScottsdaleMoneyPailUndoSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesUndoBetterBe20 Stunning Female AthletesBetterBeUndomoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comUndoautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comUndoZen HeraldThe Truth About Why ’40s Actor John Wayne Didn’t Serve In WWII Has Come To LightZen HeraldUndoDrivepedia20 Of The Most Underrated Vintage CarsDrivepediaUndo whatsappcenter_img The Restaurant Group – which owns Garfunkel’s, Chiquito, Frankie & Benny’s – yesterday reported an upturn in profit despite the ash cloud crisis which hit its airport concessions. It saw its pre-tax profit rise 13 per cent to £24.6m in the six months to July. The company raised its interim dividend ten per cent to 1.54p per share on the strength of the results. Chief executive Andrew Page said: “The ash cloud hit us hard, costing us around £500,000. The World Cup also hit our numbers as fewer people were going to cinemas and that’s where we have restaurants as well. However, we were helped by a great performance at our London restaurants with tourists and day-trippers from across the UK using us.”He said the company would be opening 25 more restaurants, including several in London over the coming year. Show Comments ▼ Thursday 2 September 2010 7:32 pm Tags: NULLlast_img read more

Beazley move for Hardy rejected

first_imgMonday 18 October 2010 5:28 am Beazley move for Hardy rejected John Dunne Share whatsapp Show Comments ▼ Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryUndoTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastUndoSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesUndoBrake For ItThe Most Worthless Cars Ever MadeBrake For ItUndoBetterBe20 Stunning Female AthletesBetterBeUndomoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comUndoTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island FarmUndothedelite.comNetflix Cancellations And Renewals: The Full List For 2021thedelite.comUndoZen HeraldNASA’s Voyager 2 Has Entered Deep Space – And It Brought Scientists To Their KneesZen HeraldUndocenter_img Read This NextThe Truth About Bottled Water – Get the Facts on Drinking Bottled WaterGayotRicky 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 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 Tags: NULL whatsapp Lloyd’s of London insurer Beazley said smaller peer Hardy Underwriting had rejected a takeover approach made earlier this month but that it still hoped to clinch a deal.Dublin-based Beazley said that on 6 October it had proposed paying 300 pence per share in cash for Hardy, valuing the company at about £155m.The approach, which represented a 36 per cent premium to Hardy’s closing share price on 5 October, was rejected by the Bermuda-based insurer in a letter dated 8 October.Consolidation amongst the Lloyd’s insurers, which offer cover against large-scale risks such as natural disasters, has long been mooted, especially among the smaller players, but deals are difficult to secure. Beazley, which in July reported that its first half profit nearly quadrupled, said it will continue talks with Hardy’s board and shareholders “with the intention of agreeing a recommended transaction”. “Beazley believes that the two groups are highly compatible. Both have well-regarded underwriting teams, renowned track records of profitability and a shared objective to develop a diverse speciality insurance franchise,” the insurer said in a statement. last_img read more

QE3 is a real possibility, says Fed chairman Ben Bernanke

first_img Tags: NULL AMERICA may need a third dose of quantitative easing (QE) to avoid its economy slumping back into recession, Federal Reserve chairman Ben Bernanke predicted as he reported a gloomy outlook for the economy.America’s recovery would suffer deflation and fail to become “self sustaining” without the Fed’s interventions, he claimed in a rare television interview broadcast on Sunday.“It could be four or five years before we are back to a more normal unemployment rate,” he said.Bernanke appeared keen to use his appearance on 60 Minutes to hammer home the message that America’s recovery is fragile. But further QE was cautioned against by Federal Reserve Bank of Richmond President Jeffrey Lacker yesterday evening. Unemployment fears must not steer monetary policy, he said. QE3 is a real possibility, says Fed chairman Ben Bernanke Monday 6 December 2010 8:36 pm Show Comments ▼ More From Our Partners Police Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comWhy people are finding dryer sheets in their mailboxesnypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.com Sharecenter_img KCS-content 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 ScottsdaleMoneyPailNoteabley25 Funny Notes Written By StrangersNoteableySerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBetterBe20 Stunning Female AthletesBetterBeHistorical 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 whatsapp whatsapplast_img read more

BEST OF THE BROKERS

first_img Show Comments ▼ whatsapp BEST OF THE BROKERS Tags: NULL Monday 20 December 2010 7:16 pm Sharecenter_img 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 PastMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailNoteabley25 Funny Notes Written By StrangersNoteableySerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBeHistorical 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 Times KCS-content LLOYDS BANKING GROUPRBS rates the bank “buy” but has reduced its target price to 105p from 120p, after Lloyds last week revealed a larger than expected impairment to its portfolio in Ireland. The broker adds that the bank’s underlying earnings power generation remains unaffected, but that it has downgraded some profit estimates up to 2012 because of the exposure to Ireland. SUPERGROUPExecution Noble maintains its “sell” rating with a reduced fair value price of £10, down from £11.65. The broker believes the negative reaction to the firm’s interim results last week is the start of a longer-term price correction, on the back of significant risks within the Supergroup growth model. The broker has cut its earnings per share estimate for 2011 by 18.6 per cent. RESEARCH IN MOTIONNomura rates the owner of Blackberry “neutral” with a raised target price of $65 (£41.90) following last week’s results. The broker has upgraded its earnings per share estimates for the quarter by 12 per cent thanks to higher sales and better margins. It expects new product announcements in the new year, including the launch of the PlayBook tablet computer, to drive the share price further. 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 ProofNew England Patriots’ Cam Newton says no extra motivation from Mac Jones’SportsnautChicken Bao: Delicious Recipes Worth CookingFamily ProofCheese Crostini: Delicious Recipes Worth CookingFamily Prooflast_img read more

Copper prices jump to new record high

first_imgMonday 3 January 2011 11:13 pm 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 AthletesBetterBeHistorical GeniusHe Was The Smartest Man Who Ever Lived – But He Led A Miserable LifeHistorical GeniusElite HeraldExperts Discover Girl Born From Two Different SpeciesElite Heraldmoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.com whatsapp Copper futures rose to record levels on the first day of the year’s trading, yesterday.Prices rallied to almost $4.50 (£2.90) a pound on the Comex in New York. Last year saw a 33 per cent increase in copper prices, including a 16 per cent jump last month.Continued demand from China is partly causing the rise, analysts said. And the rise is a positive sign according to Matthew Zeman of LaSalle Futures Group. “People are getting the message that the global recovery is gathering steam. Supply is not going to keep up with demand. China will be back in the market for additional copper,” he said.Some analysts expect global shortfalls in the coming year. Show Comments ▼ Share Copper prices jump to new record high center_img KCS-content Tags: NULL More From Our Partners Police Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgKansas coach fired for using N-word toward Black playerthegrio.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgLA news reporter doesn’t seem to recognize actor Mark Currythegrio.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgFort Bragg soldier accused of killing another servicewoman over exthegrio.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgFans call out hypocrisy as Tebow returns to NFL while Kaepernick is still outthegrio.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.com whatsapplast_img read more

ABI warns on bail-in capital

first_imgTuesday 11 January 2011 8:52 pm 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 Share 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 HeraldZen HeraldThe Truth About Why ’40s Actor John Wayne Didn’t Serve In WWII Has Come To LightZen HeraldAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCute ABI warns on bail-in capital KCS-content FORCING bank bondholders to absorb losses from a bank crisis is risky and will impose heavy losses on Europe’s pensioners, the Association of British Insurers warned yesterday.Turning bank debt into contingent capital would prevent investors matching it against long-term products such as annuities, while failing to respect existing debt contracts may destabilise secondary markets, the ABI said.“Fixed income investors have limited appetite for contingent capital or bail-in bonds,” its submission to the EU said, adding that the measures could restrict banks’ access to finance. center_img whatsapp whatsapp Show Comments ▼ Tags: NULLlast_img read more

Qantas warns on airfare hike

first_imgThursday 20 January 2011 7:16 pm whatsapp Share Show Comments ▼ Tags: NULL whatsapp Australia’s largest airline Qantas Airways flagged an industry-wide rise in airfares to help offset soaring oil prices that threaten to stall the global aviation sector’s recovery. Qantas may raise prices and fuel surcharges if global competitors did the same thing, Joyce said. Qantas chief executive Alan Joyce also reiterated he was still seeking an out-of-court settlement with Rolls-Royce after a mid-air engine explosion in an A380 last year grounded Qantas’ fleet of the superjumbos and shook confidence in the airline. KCS-content More From Our Partners Astounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.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.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.com Qantas warns on airfare hike last_img read more

Sanofi-Aventis extends offer for Genzyme again

first_img Tags: NULL Monday 24 January 2011 7:10 pm whatsapp 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 PastMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStorySerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBeautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comElite HeraldExperts Discover Girl Born From Two Different SpeciesElite Heraldmoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.com Sharecenter_img Sanofi-Aventis extends offer for Genzyme again FRENCH drugmaker Sanofi-Aventis extended its $18.5bn (£11.6bn) tender offer for US biotech Genzyme yesterday for a second time, as the companies continued talks.Sanofi said 0.4 per cent of Genzyme’s shares were tendered by a Friday deadline, and that its $69 per share offer, which has been rejected by Genzyme, would now run until 15 February.Genzyme said Sanofi’s bid was too low given it has been recovering from a manufacturing crisis. Show Comments ▼ More From Our Partners Police Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.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.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.com KCS-content last_img read more

Colgate and P&G report sluggish sales

first_img Procter & Gamble (P&G) and smaller rival Colgate-Palmolive were both hurt by sluggish sales in the US and Western Europe.P&G says it remains confident and expects shoppers to buy new, higher-priced products as the year progresses. Chief executive Bob McDonald said: “We believe that we’re in the midst of a recovery”.Profits at both companies topped Wall Street’s expectations, propped up by lower tax rates. However, sales at both companies came in weaker than analysts expected. P&G’s sales climbed two per cent to $21.3bn (£13.4bn), while analysts were looking for $21.58bn. The volume of goods sold rose six per cent. Organic sales, which strip out the impact of acquisitions, divestitures and foreign exchange fluctuations, rose three per cent, at the low end of the firm’s forecast.Colgate earned $624m in the fourth quarter, compared with $631m a year earlier. Its sales fell 2.5 per cent to $3.98bn. Analysts forecasted $4.06bn. The toothpaste manufacturer’s organic sales rose one per cent.Household product makers are banking on growth in developing markets such as India and China, as growth in developed markets such as the US and Western Europe has stagnated.However, P&G says it is gaining market share at home and abroad and maintained its sales and profit expectations for the year. Demand for high-end items has bounced back strongly, with P&G struggling to meet demand for items including its Gillette Fusion ProGlide razors.Tim Hoyle, director of research at Haverford Investments said: “I would call this a low-quality quarter.“They’re in a tough spot, really, to grow earnings anywhere close to what most investors would want to give them a premium valuation.” Colgate and P&G report sluggish sales KCS-content Thursday 27 January 2011 9:00 pm whatsapp Share 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 whatsapp Tags: NULL Show Comments ▼last_img read more

BEST OF THE BROKERS

first_imgThursday 3 March 2011 7:09 pm 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 WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The Wrap’Black Widow’ First Reactions: ‘This Is Like the MCU’s Bond Movie’The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe WrapKatt Williams Explains Why He Believes There ‘Is No Cancel Culture’ inThe Wrap whatsapp ITVUBS rates the media company “buy” with a 12-month target price of 115p. The broker says that the firm’s strong results on Wednesday benefited from cost-cutting and a strong advertising environment, and forecasts five per cent growth in the second half of 2011. UBS adds that while the firm is focused on organic investment, an acquisition in production would complete ITV’s turnaround story.STANDARD CHARTEREDNomura has upgraded the Asian-focused bank to “neutral” and has lifted its target price from £16.90 to £17.70. The broker believes that Standard Chartered’s double-digit revenue growth is sustainable this year, but notes the risk of monetary tightening that could weaken growth. Nomura has trimmed its 2011 full-year pre-tax profit forecast slightly to £6.955bn, and expects 11 per cent cost growth during the year.WHITBREADStandard & Poor’s rates the restaurant and hotel group “hold” with a target price of £17.90. The broker believes that the firm’s focus on value for money positions it well to take on government work as well as business customers. However, continued concerns about UK consumer spending is likely to weigh on the share price, S&P adds, despite slightly better than expected fourth-quarter results this week. KCS-content whatsapp Show Comments ▼ BEST OF THE BROKERS Share Tags: NULLlast_img read more