Blick

Article Abstract:

Blick supplies timing and security equipment, and the company's chief executive aims to develop its core area following a difficult period when sales slowed. Chief executive, Michael Lee, was appointed in Jun 1999 and the company has been awarded a contract by South African Breweries since his appointment. Other contracts involve Nissan, Goodyear and Air Canada, and the company sees potential sales from a rise in part-time work and job sharing in Britain. Blick is also benefiting from digital TV contracts, though there are problems with the communications division and operations in Benelux countries.

Blick PLC

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Centurion marches off

Article Abstract:

Jan Timmer is leaving Philips, and Cor Boonstra will take over a chief executive and chairman. Timmer is seen as having saved Philips through a restructuring program. He was the key element in Operation Centurion which involved major job shedding after the company reported losses. The company's share price has revived, but Grundig and other subsidiaries are still reporting losses, and some products like CDi systems have not sold as well as was hoped.

Philips Gloeilampenfabrieken N.V.

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No time for box tickers

Article Abstract:

AF Bulgin has asked stockholders to vote against seven resolutions of eight at an EGM. Specialist Holdings, with a 16% stake in the company, has sought 3 EGMs over an 18 month period. Keith Daley, director of Specialist Holdings, is seeking the appointment of a chief executive for AF Bulgin, and a corporate broker for the company. He also wants an explanation for loans made to Clifford and Toby Bulgin. The voting stocks of AF Bulgin are still controlled by the Bulgins.

A.F. Bulgin and Company PLC

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