FT 12/12/19 | Vox Markets

FT 12/12/19

De La Rue (DLAR) can print money but struggles to make it. After losing UK passport contract, company is more reliant on exotic currency customers

M&C Saatchi (SAA) implosion sparked by accounting woes dispute. Directors quit after pressing for change at top of advertising group and questioning bonuses

Lex – JD Sports Fashion (JD.)/Pentland: right royal Rubin. Foreign expansion is driving growth but becoming the US ‘king of trainers’ will be a stretch

Lex – Stagecoach Group (SGC)/Brian Souter: a driven man. A new administration may make the transport group’s path even trickier to navigate

Saga (SAGA) hires former Superdry boss as chief executive. Shares at over-50s specialist have shed three-quarters of their value in five years

Stagecoach Group (SGC) co-founder Brian Souter to step down. Management shake-up at group follows loss of three big contracts in past 18 months

twitter_share

Mentioned in this post

DLAR
De La Rue
JD.
JD Sports Fashion
SAA
M&C Saatchi
SAGA
Saga
SGC
Stagecoach Group