Old handsets hit profits at Sony Ericsson January 20, 2011 WORLD NUMBER five mobile phone maker Sony Ericsson posted lower than expected fourth-quarter pre-tax profit yesterday, and said it saw only modest growth in the handset market this year. Sony Ericsson posted pre-tax profit of €35m (£29.7m) on sales of €1.53bn. Analysts had forecast a pre-tax profit of €79.7m and sales of €1.82bn. Sony Ericsson [...]
Old handsets hit profits at Sony Ericsson January 20, 2011 WORLD NUMBER five mobile phone maker Sony Ericsson posted lower than expected fourth-quarter pre-tax profit yesterday, and said it saw only modest growth in the handset market this year. Sony Ericsson posted pre-tax profit of €35m (£29.7m) on sales of €1.53bn. Analysts had forecast a pre-tax profit of €79.7m and sales of €1.82bn. Sony Ericsson [...]
Kesa profit is up but Comet falling behind December 8, 2010 ELECTRICALS group Kesa yesterday reported a 52 per cent rise in profit – helped by sales of televisions for the World Cup in the summer. But losses at its UK arm Comet increased to £5.4m from £1.5m, as the bill for store revamps and tough trading conditions took their toll. The company said it would [...]
Kesa profit is up but Comet falling behind December 8, 2010 ELECTRICALS group Kesa yesterday reported a 52 per cent rise in profit – helped by sales of televisions for the World Cup in the summer. But losses at its UK arm Comet increased to £5.4m from £1.5m, as the bill for store revamps and tough trading conditions took their toll. The company said it would [...]
A CHANCE TO DRESS UP: NOW THAT’S WORTH CELEBRATING November 28, 2010 WOMEN come into their own during Christmas party season – it’s a non-stop party and that means a non-stop fashion parade. There’s something about wearing a frock that makes you feel good, in the mood, flirty and pretty. Dressing up, especially at Christmas, gives you that sense of occasion and makes you feel “Christmassy”. Wearing [...]
Next sees snow knock £22m off Xmas sales January 5, 2011 NEXT posted a slightly-worse-than-expected fall in underlying store sales at Christmas, blaming the hit to trade from snow in December. It said that even though it lost an estimated £22m of sales because of the snow it was still in line to hit forecasts. The group, which runs over 500 stores in Britain and Ireland, [...]
FTSE hits 31-month high on first close of 2011 January 4, 2011 LONDON saw a storming start to 2011 as the FTSE moved above the 6,000 level in the year’s first trading session to close at a 31-month high. The FTSE 100 moved up 1.9 per cent or 113.93 points to close at 6,013.87, its highest level since June 2008, buoyed by rises on US and European [...]
A disappointing bonus should be a call to action December 1, 2010 HOW did you feel when Santa failed to come for the first time? Of course, you know that Father Christmas is a fiction; you are even warned that he isn’t coming this year. But the reality that he has gone forever only really hits home when you wake up on Christmas morning and find there’s [...]
A disappointing bonus should be a call to action December 1, 2010 HOW did you feel when Santa failed to come for the first time? Of course, you know that Father Christmas is a fiction; you are even warned that he isn’t coming this year. But the reality that he has gone forever only really hits home when you wake up on Christmas morning and find there’s [...]
UK sales help eBay results top forecasts January 19, 2011 ONLINE retailer eBay beat Wall Street estimates during Christmas trading, posting a five per cent rise in quarterly revenue to $2.495bn (£1.56bn). Net revenue dropped 59 per cent year on year to $559.2m, the firm said yesterday, following massive gains from selling internet phone service Skype in the same quarter last year. Underlying earnings rose [...]