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Profit Warning
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Hornby to Reduce Number of Product Lines by 40 Per Cent After 'disappointing Financial Results'
Jun 27, 2016Hornby is attempting to make the business profitable again following a loss of £13.5 million in what it has said was a "difficult and disappointing year". Hornby has revealed its plans to cut the number of toys it makes in an effort ...
Tags: pre-tax loss, Hornby
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Most of The Traditional January or Boxing Day Sales Now Start Online Before Christmas
Dec 28, 2014Most of the traditional January or Boxing Day sales now start online before Christmas, even before you've had a chance to pull a cracker. Retailers are not obliged to give you a refund or an exchange if you simply decide you don??t want ...
Tags: Boxing Day, Christmas
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Shares in De La Rue Have Plunged Following a Profits Warning
Sep 30, 2014Shares in De La Rue, the company responsible for printing banknotes in England, have plunged following a profits warning. Profits for this year are now expected to be 20m lower than in 2013/14, and the company has cut its dividend. On ...
Tags: De La Rue, Profit Warning, Printing
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Goodman Fielder Expects Its EBIT in The 2014 Financial Year
Apr 3, 2014Bread and snack food manufacturer Goodman Fielder has announced it expects its earnings before interest and tax (EBIT) in the 2014 financial year to be approximately 10 to 15 per cent lower than the previously expected $180 million. The ...
Tags: Agriculture, Food
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Mothercare Is in Discussions to Sell Its Pre-School Toys and Products Business
Feb 11, 2014The mother and baby specialist retailer has hired Lazard to advise on'cut-price'sale of pre-school business Mothercare is in discussions to sell its pre-school toys and products business,Early Learninag Centre. The mother and ...
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Tesco Has Revealed That It Experienced Weak Trading Over The Crucial Christmas Period
Jan 13, 2014Tesco's UK like for like sales drop 2.4 per cent, while Morrisons sees a 5.6 per cent fall in sales Tesco has revealed that it experienced weak trading over the crucial Christmas period. Britain's biggest supermarket chain announced ...
Tags: Tesco, weak trading, Christmas sales, Morrisons, Marks, Spencer, grocer
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Raute Posted Very Low Order Intake of Just €7m in The Third Quarter
Nov 5, 2013The Finnish machinery and plant manufacturer Raute posted very low order intake of just €7m in the third quarter after a very weak first quarter and a minor recovery between April and June. The Technology Services division again ...
Tags: Construction, Decoration
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Raditional Chinese Footwear Makers Performed Not Well in The First Half of This Year
Aug 19, 2013Almost all traditional Chinese footwear makers performed not well in the first half of this year due to an economic slowdown. 361 Degrees International Ltd. (SEHK: 1361), a Fujian-based sportswear maker, released operating data for the ...
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Sharemarket Rebounded as The Dollar Tumbled Again and Government Bond Yields Also Fell
May 20, 2013The sharemarket rebounded yesterday after two days of losses, as the dollar tumbled again and government bond yields also fell. The benchmark S&P/ASX 200 closed up 0.3 per cent at 5180.8 after hitting an intraday high of 5194.9. However, ...
Tags: Stocks, Dollar, Bond Yields
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Virtus Health Raised $339 Million in The Biggest Private Equity Float
May 17, 2013The stalled initial public offering market has shown signs of life after Virtus Health was priced at the top of the range, raising $339 million in the biggest private equity float since KFC franchisor Collins Foods in 2011. After strong ...
Tags: IPO Market, Virtu, Health&Medicine
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Cutting Back Subsidies to LED Sector
May 15, 2013The Chinese government has been cutting back on subsidies to manufacturers of LED chips, a reason some companies are blaming for their poor first quarter results. This points to a change in approach to policies over the once-hyped sector ...
Tags: LED industry, LED Sector, LED
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Bad Weather and The Pressures of The High Street Have Hit Greggs' Sales
May 2, 2013Bad weather and the pressures of the high street have hit Greggs’ sales, leading the retail baker to issue a profits warning. Like-for-like sales in Greggs' shops were down In its Interim Management statement issued to the ...
Tags: Greggs Issues, Food
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QBE Insurance Tapped US Debt Market for $US600 Million
Apr 27, 2013QBE Insurance has tapped the US debt market for $US600 million to help buy back convertible securities next month, within days of being downgraded by credit ratings agency Moody's. Highlighting the strength of international debt markets, ...
Tags: QBE Insurance, US debt market
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Shares in Commonwealth Bank Soared Above $70 to a New Record
Mar 12, 2013Shares in Commonwealth Bank soared above $70 to a new record yesterday as the local stocks hit a 4 1/2-year high after encouraging US non-farm payrolls data suggested the world's biggest economy was recovering. Strength in defensive and ...
Tags: Shares, stocks, sharemarket
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$36 Billion Was Wiped From The Value of Australian Shares
Feb 22, 2013The benchmark S&P/ASX 200 has closed down 2.3 per cent at 4980.1, its biggest fall in nine months. More than $36 billion was wiped from the value of Australian shares in the market's largest one-day decline since May 18, pulling back from ...
Tags: Stocks, benchmark, Australian shares
