Signet fails to shine as sales slump bites September 4, 2008 The World’s biggest speciality jewellery retailer, Signet, has announced a 7.8 per cent fall in first half pre-tax profit, slightly better than analysts had feared. Signet warned that the consumer environment in both the US and the UK remained “very challenging”. Investec had forecast profits of $75.3m (£42.3m), five per cent lower than those reported. [...]
Signet moves share listing to New York July 11, 2008 Jewellery giant Signet Group yesterday announced it would move its primary listing to the New York Stock Exchange, as part of a raft of changes to focus its business on the American market. The jeweller, which owns the H Samuel and Ernest Jones chains in the UK, said it hoped to complete the move – [...]
There’s no business like l’eau business, but is it all just an expensive con? July 3, 2008 As more bottled water comes on the market, can anyone tell the difference? A time comes in the life of any product that it goes from being naff, to being promoted by a Beckham. Last week a story emerged – was it leaked, perhaps? – that David B, the model and sometime footballer, is to [...]
Bad news as poor growth hits Reuters October 28, 2005 Shares in Reuters fell by more than 5 per cent yesterday as City followers were unimpressed with the media company’s failure to raise its second half growth forecasts. The company’s stock fell as much as 20p to 346p in early trading before recovering slightly. The data and news provider reported an underlying 1 per cent [...]
Killing the cure October 28, 2005 Some say British drugs companies should be able to profit in order to reinvest in newer drugs for the greater good. Some say their profits come on the back of scientific fraud. It is perhaps one of the great puzzles of British business. As a nation we spend less on medicines than our European neighbours, [...]
Advisers in all night Refco talks October 17, 2005 Refco held a second day of weekend meetings yesterday as a group of about 50 advisers gathered in New York in an effort to salvage the disgraced group’s regulated futures brokerage arm and determine the fate of its ailing operations. The advisers had begun emergency meetings on Saturday that stretched late into the night to [...]