THE DAILY BRIEFING
MARKETING DEAL
Digital voucher firm Eagle Eye has won a three-year contract with John Lewis for an undisclosed sum. This is aimed at improving digital customer marketing. Shares jumped 2.5pc or 5.5p to 222p.
TOP SUPPORT
Support services and construction group Interserve said in a trading update that performance would be in line with expectations. It said international markets were gaining good momentum, and there was yet to be a noticeable slowdown in work from the Government. Shares rose 1.55pc or 3.75p to 245.75p.
STEPPING DOWN
Ivan Fallon, nonexecutive director at Jacamo-owner
NBrown Group, will retire from the board after 23 years. The group also announced that Fiona Laird will step down from the board of Sharpie-owner Newell Brands.
PROPERTY JOB
The finance boss of EasyJet, Andrew Findlay, has been appointed as a non-executive director at property firm Rightmove. Findlay will be a member of Rightmove’s audit and nomination committees.
BOSS QUITS
Broker Cenkos has announced that chief executive Jim Durkin will retire from the company after five years in the role. He will remain at Cenkos, where he has worked for 12 years, until his replacement has been appointed.
BOARD ROLES
The chief executive of electronics firm Ultra, Rakesh Sharma, has been appointed to the board of Paypoint. Sharma will take up the roles of independent non-executive director, chairman of the remuneration committee, and member of the audit and nomination committees from May.
STORE TROUBLE
US department store JC Penney posted weak first quarter results, stoking fears of a sector slowdown. Sales across stores open for more than a year dropped 3.5pc, sending shares down as much 12pc. Rivals Macy’s and Kohl’s also reported disappointing sales in the first quarter, as customers shift to online shopping.