PennyStockPayCheck.com Rss

Featured Posts

Chase Bank Limits Cash Withdrawals, Bans International... Before you read this report, remember to sign up to http://pennystockpaycheck.com for 100% free stock alerts Chase Bank has moved to limit cash withdrawals while banning business customers from sending...

Read more

Richemont chairman Johann Rupert to take 'grey gap... Billionaire 62-year-old to take 12 months off from Cartier and Montblanc luxury goods groupRichemont's chairman and founder Johann Rupert is to take a year off from September, leaving management of the...

Read more

Cambodia: aftermath of fatal shoe factory collapse... Workers clear rubble following the collapse of a shoe factory in Kampong Speu, Cambodia, on Thursday

Read more

Spate of recent shock departures by 50-something CEOs While the rising financial rewards of running a modern multinational have been well publicised, executive recruiters say the pressures of the job have also been ratcheted upOn approaching his 60th birthday...

Read more

UK Uncut loses legal challenge over Goldman Sachs tax... While judge agreed the deal was 'not a glorious episode in the history of the Revenue', he ruled it was not unlawfulCampaign group UK Uncut Legal Action has lost its high court challenge over the legality...

Read more

Burberry’s perfume deal should smell sweeter with time

Category : Business

Fashion group will exercise an option to pay €181m (£144m) to licensee Interparfums to get full control from next April – does this deal make sense?

Burberry could have taken back the licence to make its own perfumes for free on the last day of 2017. Instead, it will exercise an option to pay €181m (£144m) to licensee Interparfums to get full control from next April. Does this deal, causing an ugly accounting scar in Burberry’s half-year numbers, make sense?

At face value, the fashion group will have to sell an awful lot more of the smelly stuff to justify that outlay. Indeed, in the first year of control there won’t be any benefit whatsover in financial terms: the expected operating profit of £25m will merely replace lost licence revenue of the same amount.

From the second year, however, life should get better. Wednesday’s statement was short on hard forecasts and long on vague ideas like the “halo effect” on brand but Burberry watchers have learned not to be too dismissive of the latter.

The revitalisation of the brand over the past decade has relied in part on wresting control from licensees and distributors and managing more in-house. In a world of big advertising budgets, there should be significant advantages in running perfumes directly. In short, by 2017, the Burberry perfume business ought to be much more valuable than the one that would have arrived for free. Despite the accounting hit, this looks a smart piece of business.

More on MIPS Technologies (MIPS): FQ4 earnings beat on the bottom line, but come up slightly short on the top line, in spite of a big jump in total revenue. Revenue from royalties was $10.6M, license revenue $27.8M, including its Broadcom license….

Category : World News

More on MIPS Technologies (MIPS): FQ4 earnings beat on the bottom line, but come up slightly short on the top line, in spite of a big jump in total revenue. Revenue from royalties was $10.6M, license revenue $27.8M, including its Broadcom license. Licensee royalty units grew to 708M units from 656M units in FY’11. Shares +1.7% AH. Post your comment!

Read this article: More on MIPS Technologies (MIPS): FQ4 earnings beat on the bottom line, but come up slightly short on the top line, in spite of a big jump in total revenue. Revenue from royalties was $10.6M, license revenue $27.8M, including its Broadcom license….

Post to Twitter

WiLAN Signs New Digital TV and Display Licensee

Category : Stocks, World News

OTTAWA, CANADA–(Marketwire – July 26, 2012) - Wi-LAN Inc. (“WiLAN” or the “Company”) (TSX:WIN)(NASDAQ:WILN) today announced that the Company has signed a multi-year running royalty agreement for a number of the Company’s digital TV and display patents with UPSTAR USA Inc. (“UPSTAR”), WiLAN’s 263rd licensee. Terms of the agreement are confidential.

Read more: WiLAN Signs New Digital TV and Display Licensee

Post to Twitter