New releases keep Bloomsbury sales strong
14th Jan 2010 09:17
Harry Potter publisher Bloomsbury said trading over 2009 matched expectations as it reaped the benefits of a host of new titles. New releases included books by the TV chefs Hugh Fearnley-Whittingstall and Heston Blumenthal and novels by William Boyd and Kate Summerscale. Sales of the box set of t
Read moreChristmas key for Bloomsbury
15th Oct 2009 08:27
Harry Potter publisher Bloomsbury said trading overall is in line with management expectations, although full year results are still dependent on demand levels between now and the end of the year. In the publisher's update from 1 July 2009 to date, it said whilst it continues to focus on managing
Read moreFriday newspaper round-up: Lloyds, ITV, National Express
28th Aug 2009 06:05
Lloyds Banking Group is weighing up several alternatives to joining the government's asset protection scheme (APS), which may include a rights issue as well as the sale of Scottish Widows, says the FT. Tony Ball has become an unlikely frontrunner for the chief executive's job at ITV, as doubts emer
Read moreBloomsbury still looking to bulk up
27th Aug 2009 11:52
The absence of a new Harry Potter book this year contributed to a slide in profits at Bloomsbury but the books publisher claimed underlying growth was strong. Profit before taxation in the first half of 2009 tumbled to £1.8m from £5.4m a year earlier on revenue that declined to £35.3m from £42.1m.
Read moreBloomsbury to buy Tottel for £9.96m
1st Jul 2009 16:06
Book publisher Bloomsbury has agreed to buy Tottel Publishing for £9.96m in cash on a debt free basis. Tottel, an independent professional and academic publisher in the UK and Ireland, will be renamed Bloomsbury Professional upon completion. For the 12 month period ended 28 February, Tottel genera
Read moreLondon close: Triple digit fall for Footsie
15th Jun 2009 17:09
Footsie suffered a triple digit fall today with virtually all blue-chip stocks except defensive favourites such as utilities having their foot jammed hard down on the reverse pedal. Resource stocks led the decline as metals and oil prices moved lower. Platinum miner Lonmin was the weakest stock in
Read moreLondon afternoon: Prices steady at lower levels
15th Jun 2009 14:32
The market moved sideways over the lunch-time session, with the Footsie remaining deep on the red, despite a more upbeat assessment of the economy's prospects from the CBI. The employers' organisation reckons the UK could be out of recession by the end of the year, but any better sentiment was almo
Read moreBloomsbury sued in Harry Potter copyright claim
15th Jun 2009 12:35
Publisher Bloomsbury is being sued by the estate of English children's writer Adrian Jacobs over claims that JK Rowling copied his work in one of her Harry Potter books. It believes Rowling used "substantial parts" of Jacobs' "The Adventures of Willy the Wizard-No 1 Livid Land" in "Harry Potter and
Read moreLondon close: Footsie ends on low note
15th May 2009 16:29
London closed lower after a lacklustre afternoon session with losses on properties and travel companies outweighing gains on miners. Shocking figures from property giant Land Securities on Wednesday still cast a shadow over the real estate investment trusts (REITs). LandSecs leads the sector lowe
Read moreLondon afternoon: Travel companies trip Footsie
15th May 2009 14:10
London continues its gentle downward drift, with losses on properties and travel companies outweighing gains on miners. The market seems unlikely to get any sort of lift from Wall Street which is expected to open moderately weaker. Shocking figures from property giant Land Securities on Wednesday
Read moreLondon midday: Rally stalls
15th May 2009 12:15
Weak properties and oils have pitched the Footsie into the red, despite the continued strength of banks and miners. Shocking figures from property giant Land Securities on Wednesday are still casting a shadow over the real estate investment trusts (REITs). LandSecs leads the sector lower but Hammer
Read moreLondon open: Banks give Footsie a boost
15th May 2009 08:48
Banks have helped Footsie make a bright start with reports that Barclays is considering new offers for its iShares arm boosting the whole sector. Barclays may backtrack on a deal to sell its iShares unit to CVC, the private equity group, and instead offload its entire asset management division for
Read moreBloomsbury trading mixed
15th May 2009 07:04
Book publisher Bloomsbury has issued a mixed trading statement, with the UK and US trading well but German operations experiencing difficulties. The company said that, while UK retailers are returning more books than anticipated trading is in line with expectations. The US business is in line with
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