M&S profits fall by 10pc November 8, 2011 Marks & Spencer posted a 10 per cent drop in first-half profit after second-quarter underlying sales fell for the first time in two years, underscoring the pressure on UK consumers. The 127-year-old group, Britain’s biggest clothing retailer which also sells homewares and upmarket food, said on Tuesday it made a profit before tax and one-off [...]
Aquarius posts a loss as prices and output fall April 30, 2012 MINER Aquarius Platinum yesterday posted a net loss for the third quarter, hit by weaker prices and a drop in production on the back of poor ground conditions, continuing safety stoppages and worse than usual absenteeism after the Christmas holidays. The company, which has been hit along with the rest of the sector by a [...]
Aquarius posts a loss as prices and output fall April 30, 2012 MINER Aquarius Platinum yesterday posted a net loss for the third quarter, hit by weaker prices and a drop in production on the back of poor ground conditions, continuing safety stoppages and worse than usual absenteeism after the Christmas holidays. The company, which has been hit along with the rest of the sector by a [...]
Shaky United are going to struggle against City January 5, 2012 MANCHESTER CITY vs MANCHESTER UNITED SUNDAY – 1.00PM ITV1 THE city of Manchester dominated the early rounds in this year’s Premier League fight, but it’s been a difficult Christmas period for both clubs. Manchester City only picked up a point from their two away trips to West Brom and Sunderland, while Manchester United have lost [...]
Marston’s up despite fears over Budget March 14, 2012 PUB operator Marston’s reported solid trading yesterday despite a tough period for the leisure sector and said it was looking ahead to a strong 2012. Like for like sales over the last 23 weeks were up 3.5 per cent on last year at the British brewer – which has 2,150 outlets across the country – [...]
CHANGING OF THE GUARD AT BANK OF AMERICA MERRILL LYNCH March 22, 2012 ANDREA ORCEL Andrea Orcel’s departure will leave a big gap at Bank of America Merrill Lynch. In a world where contacts and relationships matter so much, the suave late 40s banker had it all. His contacts include Santander, Danske Bank, Unicredit (where he helped BoAML take a lead role in the rights issue earlier this [...]
CHANGING OF THE GUARD AT BANK OF AMERICA MERRILL LYNCH March 22, 2012 ANDREA ORCEL Andrea Orcel’s departure will leave a big gap at Bank of America Merrill Lynch. In a world where contacts and relationships matter so much, the suave late 40s banker had it all. His contacts include Santander, Danske Bank, Unicredit (where he helped BoAML take a lead role in the rights issue earlier this [...]
HMV hopeful for its survival as sales fall January 9, 2012 EMBATTLED music retailer HMV said sales of consumer gadgets such as headphones and tablet computers had helped improve its sales over the crucial Christmas trading period as the group attempted to offset the long-term decline in CDs and DVDs. Sales at stores open over a year fell 8.2 per cent in the five weeks to [...]
Rising footfall boost for shops February 20, 2012 BRITAIN’S shops have drawn strong crowds over the winter period, according to new data released this morning. Footfall across the UK was up 1.8 per cent across November, December and January, compared to the same period one year earlier. “For the first time in five years December saw footfall up on the previous year as [...]
Rising footfall boost for shops February 20, 2012 BRITAIN’S shops have drawn strong crowds over the winter period, according to new data released this morning. Footfall across the UK was up 1.8 per cent across November, December and January, compared to the same period one year earlier. “For the first time in five years December saw footfall up on the previous year as [...]