Newspaper article The Evening Standard (London, England)

Taking Stock; Your At-a-Glance Guide

Newspaper article The Evening Standard (London, England)

Taking Stock; Your At-a-Glance Guide

Article excerpt

Bollywood producer Eros International has struck a formal deal with video website YouTube to take a share of YouTube ad revenues in return for running trailers, videos, footage of film premieres and interviews with its film stars on the site.

April's dire profit warning means investors have already lowered their expectations for telephone directories group Yell. The consensus on tomorrow's full-year results now stands at pre-tax profits of [pounds sterling]399 million, on sales of [pounds sterling]2.08 billion.

Property firm Hammerson today paid [pounds sterling]71.4 million for Stockley House next to Victoria Station, paving the way for the 1985 office block to be knocked down and redeveloped.

Leases to three tenants expire by 2011.

Panmure Gordon advises clients to take profits from Cookson on Thursday after what it expects to be a positive AGM statement. It has replaced its buy call of the past two years with a hold, arguing that the restructuring is now priced in.

Pfizer's chief financial officer Alan Levin has resigned to take a new job, while global research president John LaMattina is to retire.

Pfizer ousted chief executive Hank McKinnell last July after disappointment over new drugs.

Sugar producer Tate & Lyle may give investors hints about the size and timing of future cash returns to shareholders when it unveils final figures on Wednesday. Funding will come from the imminent sale of its European starch operations.

Mothercare's full-year results on Thursday will need to reassure investors that the core initiatives in its recovery plan are bearing fruit - particularly in relation to distribution, availability and sourcing - and that margins are improving.

BP is joining forces with Rio Tinto to build a [pounds sterling]750 million clean coal power station in Australia, the first project in their Hydrogen Energy partnership.

It is also considering hydrogen power projects at Peterhead in Scotland and in California.

The world's largest inter-dealer broker Icap is expected to report fullyear profits of [pounds sterling]250 million on Wednesday but its exposure to the dollar will concern investors. …

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