Apple's disappointing update this week sent shares in most of its suppliers tumbling, but smartphone parts maker Laird got City approval after its strategy update yesterday.
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Sunday 30 November 2008
The private equity backers of Biffa, the waste management group, are restructuring the group's key collection unit with a raft of middle-management redundancies and the creation of two call centres with 70 new jobs.
Wednesday 26 November 2008
Monday 24 November 2008
DSG International, the retailing group that owns Currys and PC World, is due to publish interim results on Thursday. It finished last week strongly with its shares spiking by nearly 21 per cent to 13p after analysts at Credit Suisse issued a positive update. The watchers, in something of a volte face, said that the group is likely to outperform the sector, adding: "In our view the market has overreacted to concerns about the group's sustainability in the medium term. After our long-term negative stance on the stock, we move to outperform with a target of 25p."
Monday 22 September 2008
Nervous investors will have their fingers crossed for Wolseley, the construction materials group, which is due to publish its final results today.
Tuesday 09 September 2008
A small number of water companies were responsible for an 11 per cent overall increase in complaints last year, the Consumer Council for Water said.
Friday 29 August 2008
Late rumours propelled J Sainsbury to pole position on the FTSE 100 yesterday, boosting the stock by almost 8 per cent or 25.25p to 344p in the final hours of trading.
Tuesday 12 August 2008
Consumers face year after year of inflation busting rises in water bills after companies submitted plans for increases of up to 22 per cent over a five-year period to 2015.
Monday 11 August 2008
Households today learned of proposed above-inflation water bill hikes after firms submitted their draft business plans to regulator Ofwat.
Wednesday 23 July 2008
Severn Trent warned yesterday that Britons would find it increasingly hard to pay their water bills as the credit crunch heaps pressure on consumers.
Wednesday 02 July 2008
Severn Trent Water escaped with a lower-than-expected fine of £2m yesterday after it pleaded guilty at the Old Bailey to lying about leakage information for two years.
Tuesday 01 July 2008
Severn Trent Water, Britain's second-biggest water company, was fined £2 million at the Old Bailey today for lying about water leaks.
Tuesday 03 June 2008
Executives, current and former, at Severn Trent Water have been hastily distancing themselves from accusations of dishonesty, as sentencing on convictions for deliberate falsification of leak statistics was adjourned until next month.
Monday 02 June 2008
The supermarket chain WM Morrison is due to publish a first-quarter trading statement on Thursday and analysts are expecting a positive update.
Sunday 13 April 2008
Severn Trent Water is facing a £35.8m fine for deliberately providing false information to a regulator and offering a poor service to its customers.
Wednesday 09 April 2008
Severn Trent, the Midlands water company, is to pay a record £36m fine and pledged to cut customer bills after it pleaded guilty yesterday to orchestrating one of the largest customer overcharging scandals ever perpetrated in the UK.
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