Morrisons’ share price falls 2.5 per cent as dividend is cut on sales and profits decline March 10, 2016 Sales and profits at Morrisons have fallen again – but the supermarket management is talking confidently about progress made so far, and guided on future dividends in an effort to woo shareholders. Morrisons' share price was down 2.5 per cent in mid-morning trading, however, as investors digested the news that this year's dividend was being slashed [...]
Amazon figures lifted by North American sales April 23, 2015 AMAZON.COM reported higher-than-expected revenue in the first quarter as sales jumped in North America, the e-commerce giant’s biggest market. Revenue rose 15 per cent to $22.7bn (£15.08bn), the company said yesterday. Analysts had, on average, expected revenue of $22.39bn. Sales from North America climbed 24 per cent to $13.4bn in the first quarter ended 31 [...]
It’s time to celebrate consultants’ contributions May 10, 2016 The public and thousands of organisations benefit hugely each year from the skills and innovation provided by the UK’s world-class consulting firms. For example, partnerships between management consultancies, the private sector and government are improving the management of long-term health conditions, delivering reductions in crime and greater public safety, introducing new digital services, and helping [...]
Picking up the Slack: CMO Bill Macaitis on why word-of-mouth is central to the unicorn’s success June 6, 2016 "We're selling organisational transformation," says Bill Macaitis, chief marketing officer of Slack – Silicon Valley darling and contender for the fastest growing B2B software-as-a-service company in history. Slack is more than a workplace messenger. It is a communication and collaboration tool which facilitates meetings, provides access to shared documents, and breaks down silos between apps by integrating Twitter, [...]
What will Brexit mean for the City? June 27, 2016 Online protest-petitions aside, the people have spoken and the UK is now facing an exit from the European Union. What might this mean for the City, and Britain’s businesses more broadly? The short term We are already in the midst of extreme political uncertainty, and thus it is unsurprising to see panic and volatility in the [...]
Netflix and other binge-watching might be making you unhappy and unwell according to new study March 10, 2016 Self-confessed binge-watcher? All those hours sat in front of House of Cards, Breaking Bad and Orange is the New Black could be making you ill, a new study has warned. The addictive way we watch Netflix, box-sets, stacked series linked shows is being linked to poorer mental and physical health. It is, according to researchers from the [...]
Before the bell: What you need to know before the US market open April 28, 2016 The futures market is pointing to a weaker open on Wall Street after the Bank of Japan decided not to issue further stimulus measures, taking the market by surprise. Earlier the Dow Jones Industrial Average and S&P 500 futures were down 0.8 per cent, while Nasdaq futures were 0.6 per cent lower. The Bank of Japan left its [...]
Apple will have to pay millions over ebook price-fixing after supreme court declines to hear case March 7, 2016 Apple will have to pay out $450m in a settlement over ebook price-fixing after losing a battle in the US courts. The supreme court declined to hear Apple's challenge to a previous ruling which found that the tech giant conspired with publishers to increase the price of ebooks. A New York court ruled in June last year that it [...]
BHS administration: Who has blood on their hands as yet another retailer falls into administration? April 25, 2016 The loss of a UK retailing stalwart from our high streets is always a sad affair. There is, of course, a sense of nostalgia as old photos of where we once shopped appear. And the human tragedy of those losing their livelihoods – in the case of BHS that’s 10,000 current employees, and thousands more [...]
As Jack Ma goes on a US charm offensive, does Alibaba pose a real threat to Amazon and Ebay? June 10, 2015 Mike van Dulken, head of research at Accendo Markets, says Yes In terms of sheer size, accounting for 80 per cent of all Chinese online shopping, with volume growth easily outstripping rival internet retailers thanks to 1bn items on offer to 350m buyers, and with 30m shipments made per day, fast-growing behemoth Alibaba represents a [...]