City&FinanceBriefing READER OFFER TOP PRICE TICKETS FOR 27.50* TO BOOK TICKETS CALL 0844 847 1775AND QUOTE LITE TERMS & CONDITIONS: Valid for Monday - Friday performances at 7.30pm and Wednesday and Saturday matinees at 2.30pm until 23 October 2009. Offer is subject to availability and not valid in conjunction with any other offer. A processing fee per transaction of up to 3.50 applies. Best Available tickets for 27.50 (usually up to 55) *(30 on Friday night and Saturday matinee) Best Available tickets for 27.50 (usually up to 55) *(30 on Friday night and Saturday matinee) PLAY THE GAME Available for iPhone and iPod Touch visit wewillrockyou.co.uk London Lite Wednesday, 30 September 2009 49 Inbrief Takeover in the wind for Clipper l BRITAINS only listed wind turbine maker today said it could be bought. The US AIM-listed company has more than doubled in value this year to a market worth of 225million despite losses of hundreds of millions of pounds. In a statement, it said: The company is in advanced negotiations with a number of companies to provide capital to strengthen its balance sheet. Slump brightens the CCTV picture l A ReceSSIoN-fuelled surge in shoplifting and fraud was good news for ccTV maker IndigoVision, which today posted a 43% rise in full-year revenue to 26.4 million as firms ranging from John Lewis to G20 summit organisers splashed out on security. operating profit soared by almost two thirds to 3.26 million. The maiden dividend is p. Assets of Man Group on rise l BRITAINS biggest stock market- quoted hedge fund manager, Man Groups assets under management rose in the second quarter of the year for the first time since Lehman Brothers collapsed. The shares jumped 7% on the news as investors hoped the worst may be over for Man. Redemptions from dissatisfied punters fell to their lowest level in three years. Six recruiters are fined 40m l SIx recruitment agencies supplying the construction industry with labourers and managers were today fined a total of almost 40 million by the office of Fair Trading for price-fixing and forming a cartel to boycott a new rival. Hays received the largest fine of 30 million after two of its offshoots conspired in the cartel. Australia Dollars 1.7217 Canada Dollars 1.6393 Denmark Kroner 7.7037 Eurozone Euro 1.0381 Hong Kong Dollars 11.7000 Japan Yen 136.1400 New Zealand Dollars 2.0498 South Africa Rand 10.9900 Sweden Kronor 10.5900 Switzerland Francs 1.5654 UAE Dirham 5.4829 United States Dollars 1.5192 TouriST rATeS UP 9.69 at 5169.41 fTSe 100 dow joneS nikkei -$ DOWN 47.16 at 9742.20 UP 33.03 at 10,133.23 UP 1.11c at $1.6072 >>for all the latest City share prices, call 0905 817 1694* or visit thisismoney.co.uk * Calls cost 75p/min from a BT landline & last approx 1 min per quote. not all stocks are available Late show bonanza for Cook Thomas Cook saw a surge in late summer bookings, particularly to middle-haul places such as Egypt and Turkey, helping it to end the season at almost full capacity. Today it said from may to august it had sold 96% of its summer offerings, which was similar to the level in 2008. Winter bookings are also picking up, although the tour operator said it expects the trend for people leaving their holiday booking late to continue. Asos pinning its hopes on foreign customers Top of the Klass: Myleene Klass has helped boost M&Ss image M&S sales rise is blooming good for rosemaRKs & spencer chairman sir stuart Rose gave evidence today that he has dragged the retailer through one of the toughest periods in its 125-year history. The retailer has seen its position as a staple of the UK high street attacked by online start-ups, powerful supermarkets and a swirling recession. Today m&s said sales across the group are up 2.7% in the last quarter, the 13 weeks to 26 september. although like-for-like sales, which strip out the effect of new store space, were down 0.5%, that was at the top end of City expectations. That fall in like-for-likes is the eighth quarterly drop in a row but is still the best performance for two years. Rose said: We are pleased to report continu- ing improvement, although he added: We expect 2010 to be a tough year and we will continue to run the business accordingly. The internet arm, m&s Direct, is having a particularly strong run with sales climbing 30%. Clothing sales are up 2.7% and food sales rose 1.7%. m&s risked upsetting customers last week when it slashed its famed 90-day returns policy to 35 days. BY simon english INTERNET shopping sensation Asos indicated today that it will increasingly look overseas to fuel growth. Chief executive Nick Robertson also said he hopes to gain older customers as youth unemployment in the UK has proved a problem for the Asos customer base. The company, formerly called As Seen On Screen, unveiled a 47% rise in sales for the six months to the end of September. Although thats a pace of growth few retailers can match, it is still much slower than Asos has been used to delivering. Robertson said: Retailers across the board are going to have to work a lot harder. We all know the situation. He added: I absolutely get that 16- to 24-year-olds are having a torrid time. We are looking more at 25- to 34-year-olds who are still in work and still benefit from lower mortgages. International sales in the first half rose 110%, and this arm accounts for a quarter of total sales. Asos has 1.2 million active customers, up from 890,000 a year ago. The shares have tripled in value over the past two years, though the shine has come off them. They were today standing at 354p. Smart: a recent Asos offering index.html2.html3.html4.html5.html6.html7.html8.html9.html10.html11.html12.html13.html14.html15.html16.html17.html18.html19.html20.html21.html22.html23.html24.html25.html26.html27.html28.html29.html30.html31.html32.html33.html34.html35.html36.html37.html38.html39.html40.html41.html42.html43.html44.html45.html46.html47.html48.html49.html50.html51.html52.html53.html54.html55.html