STV sees its advertising revenue soar

first_img KCS-content whatsapp Tags: NULL Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofTortilla Mango Cups: Recipes Worth CookingFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family ProofCheese Crostini: Delicious Recipes Worth CookingFamily Proof STV sees its advertising revenue soar by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailNoteabley25 Funny Notes Written By StrangersNoteableyBetterBe20 Stunning Female AthletesBetterBeautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comAtlantic MirrorA Kilimanjaro Discovery Has Proved This About The BibleAtlantic MirrorTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastElite HeraldKate Middleton Dropped An Unexpected Baby BombshellElite HeraldTrading BlvdThis Picture of Prince Harry & Father at The Same Age Will Shock YouTrading BlvdTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island Farmcenter_img Share Thursday 26 August 2010 7:54 pm Show Comments ▼ Scottish media group STV expects its advertising revenue to be up 10 per cent in the third quarter, below the overall TV market, due to weakness in its regional business.The group says it expects the overall TV market to be up 17 per cent in the third quarter but that it was hampered by its regional business which will be down.Turnover in the period was up 20 per cent year-on-year at £50m, while pre-tax profits rose to reach £6m.It is now branching into new markets, including a recent deal with YouTube that will see its content syndicated in exchange for a share of the ad revenue.It will also launch a network of hyper-local news websites in Scotland.Chief executive Rob Woodward told City A.M.: “We’ve been through a turnaround. We are a new company with a clear focus and a new sense of purpose. It has been a very positive beginning to the year. We have a very clear organic strategy mapped out.”ITV said earlier this month that first-half ad revenue was up 18 per cent due to a boost from the World Cup and it is expected to be up around 15 per cent in the third quarter before comparatives with 2009 toughen, making the firm more cautious for the future. whatsapplast_img read more

Continue reading »

Unilever in £2.3bn deal for US hair care group

first_img Consumer goods giant Unilever has agreed to buy United States based hair care group Alberto Culver Co for $3.7bn (£2.3bn) in cash.The Anglo Dutch group’s acquisition will add brands such as V05, TRESemme and Nexxus, and make Unilever the world’s leading company in hair conditioning, the second largest in shampoo, and the third largest in styling.“Personal care is a strategic category for Unilever and growing rapidly. Ten years ago it represented 20 percent of our turnover; strong organic growth has driven it to now reach over 30 percent, with strong positions in many of the emerging markets,” said Unilever Chief Executive Paul Polman in a statement. by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesPeople TodayNewborn’s Strange Behavior Troubles Mom, 40 Years Later She Finds The Reason Behind ItPeople TodayBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBemoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.com Share John Dunne Show Comments ▼ whatsappcenter_img Unilever in £2.3bn deal for US hair care group Tags: NULL More From Our Partners Russell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comKiller drone ‘hunted down a human target’ without being told tonypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgPuffer fish snaps a selfie with lucky divernypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.org whatsapp Monday 27 September 2010 3:05 amlast_img read more

Continue reading »

Labour makes tax promise

first_img whatsapp KCS-content Show Comments ▼ Monday 11 October 2010 12:05 am whatsapp Labour makes tax promise ED Miliband yesterday promised there would be no new personal tax rises if Labour wins the next election.His pledge, which has echoes of Tony Blair’s famous promise not to hike income tax, comes as the new Labour leader tries to appeal to thecentre ground.“I’m not proposing rises in personal taxation beyond those set out by Alistair Darling, certainly not” he said in an interview yesterday.Miliband also confirmed he would oppose government plans to scrap child benefit for those paying the higher rate of income tax.He said: “I think we have a mix of universal benefits that go to everybody, in the case of child benefit to recognise the importance of the family.”Asked if he thought a millionaire should receive child benefit, hereplied: “I’m in favour of that, yes.”Although Miliband said there would be no rise in personal taxation, he has said the 50p top rate should become a permanent feature of the tax code. And yesterday he repeated calls for an additional bank levy to help reduce the deficit. He said: “If we can get more from the banks in a higher bank levy to protect ordinary families… we should do.” Read This Next’Kevin Can F**k Himself’: Here’s Why Only Allison and Patty Are SeenThe Wrap20 Stars Who’ve Posted Nude Selfies, From Lizzo to John Legend (Photos)The Wrap’Batwoman’: Wallis Day on Circe’s ‘Deranged’ Warpath and the Key to SavingThe Wrap’Godzilla vs Kong’ Reaches $100 Million in US After Grossing $250,000 inThe WrapJoin a Conversation on ‘Cancel Culture in Comedy’ with Maz Jobrani, SkyeThe WrapAnya Taylor-Joy, Ralph Fiennes Join Searchlight’s Dark Comedy ‘The Menu’The WrapAfter ‘Black Widow,’ Kevin Feige Leaves Open the Possibility of OtherThe Wrap’Pose’ Creator Steven Canals on Life After His Groundbreaking Show: ‘I’mThe Wrap’The Boys’ Star Aya Cash Took Inspiration From YouTube, TikTok and SteveThe Wrap Share Tags: NULLlast_img read more

Continue reading »

Investment bank loss hits profits at UBS

first_imgTuesday 26 October 2010 8:28 pm Investment bank loss hits profits at UBS More From Our Partners A ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgMark Eaton, former NBA All-Star, dead at 64nypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comConnecticut man dies after crashing Harley into live bearnypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.com‘The Love Boat’ captain Gavin MacLeod dies at 90nypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.com whatsapp KCS-content whatsappcenter_img Show Comments ▼ SWISS bank UBS yesterday shocked the City with the worst set of third quarter numbers from the banking sector so far, with muted client activity in the wealth management division compounded by a spectacularly poor investment bank performance.Pre-tax profit crumbled by over two thirds quarter-on-quarter to SwFr818m (£524m), 45 per cent below consensus analyst forecasts of SwFr 1.5bn.UBS’ investment bank was the main drag on the results, reporting a pre-tax loss of SwFr406m compared to a profit of SwFr1.3bn in the second quarter, due to subdued client activity levels and low market volumes. Fixed income, currencies and commodities were particularly weak, the bank said, while it was also hit by subdued investor demand for equities.UBS’ core wealth management business put in a strong performance, attracting net inflows of SwFr1bn. But the bank admitted that the gross margin on invested assets had decreased six basis points to 89 basis points, prompting a 25 per cent fall in the division’s pre-tax profit to SwFr492m.Execution Noble analyst Fiona Swaffield said the inflow of new money in wealth management was a “significant positive”. But she said the rest of the numbers were disappointing and highlighted a wider concern that compensation costs across the investment banking sector can no longer adequately accommodate wide fluctuations in profitability in the wake of regulatory changes. Share by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity Timesmoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island FarmAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCutethedelite.comNetflix Cancellations And Renewals: The Full List For 2021thedelite.comReporter CenterBrenda Lee: What Is She Doing Now At 76 Years of Age?Reporter CenterZen HeraldNASA’s Voyager 2 Has Entered Deep Space – And It Brought Scientists To Their KneesZen Herald Tags: NULLlast_img read more

Continue reading »

Intel on track to launch new tablet chips

first_imgMonday 1 November 2010 9:09 pm Intel on track to launch new tablet chips whatsapp Intel is on track to launch an improved chip platform aimed at the fast-expanding tablet market, where so far it has trailed nimble competitors that specialise in cheap low-power processors. Code-named Oak Trail and due to begin shipping in early 2011, the chips have much-improved energy efficiency and hold their own compared to processors made by rivals, marketing director Anil Nanduri said. Sales of tablet computers have exploded since Apple launched its iPad in January and Intel is anxious to stake a claim in the market as rival manufacturers such as Samsung Electronics, Hewlett-Packard and Dell launch competing products. More From Our Partners Russell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comKiller drone ‘hunted down a human target’ without being told tonypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgMark Eaton, former NBA All-Star, dead at 64nypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgPuffer fish snaps a selfie with lucky divernypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comSidney Crosby, Alex Ovechkin are graying and frayingnypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comWhy people are finding dryer sheets in their mailboxesnypost.com KCS-content Tags: NULL Show Comments ▼ whatsapp Sharelast_img read more

Continue reading »

Gala Coral changes board as new chief is appointed

first_img Tags: NULL KCS-content Gala Coral changes board as new chief is appointed whatsapp CASINO group Gala Coral yesterday announced the appointment of former Marks & Spencer director Carl Leaver as its new chief executive, to replace interim CEO and chairman Neil Goulden, who is leaving the company.Leaver was the high street retailer’s director of international, home and direct businesses until 2009, having previously worked for De Vere and Whitbread. The appointment came as Goulden also stepped aside as chairman. He is being replaced by retail veteran Rob Templeman, the Debenhams chief executive who was previously at Halfords and Homebase.In a note to clients, Seymour Pierce said: “Given recent speculation that he was leaving Debenhams, the fact that this is a non-executive role may reassure and confirm Mr Templeman’s commitment to Debenhams.The appointments will bring some much needed stability to Gala Coral after a period which has also included a financial restructuring. The company was acquired in January by a consortium of private equity groups including Apollo, Cerberus, Park Square and York Capital Management, which finished restructuring its £2.5bn debt during the summer – including a £200m cash injection from its new owners.Goulden took over the reins as interim chief executive abruptly in July when Dominic Harrison announced was leaving the group after six years to “seek new career opportunities”. Leaver’s arrival means all three of the UK’s leading bookmakers – Gala Coral, Ladbrokes and William Hill – have changed chief executive in the past two years.Goulden, who is being retained by the company in a consultancy role for the next three years, said: “I feel the time is now right to step down from the group. Having successfully led the group through its recent financial restructuring and helped to recruit a top-notch Chairman and CEO to work alongside our CFO, Gary Hughes, I know that I am leaving the company in good shape and in very capable hands.“I have been with Gala Coral for 10 years and have seen it grow from being Britain’s number two bingo operator into Britain’s number one gambling company, with 10 per cent of the UK market and over 3.5m active customers.” Show Comments ▼ Share whatsapp Monday 8 November 2010 9:10 pm More From Our Partners Man on bail for murder arrested after pet tiger escapes Houston homethegrio.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgFans call out hypocrisy as Tebow returns to NFL while Kaepernick is still outthegrio.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comFort Bragg soldier accused of killing another servicewoman over exthegrio.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgKansas coach fired for using N-word toward Black playerthegrio.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgLA news reporter doesn’t seem to recognize actor Mark Currythegrio.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comColin Kaepernick to publish book on abolishing the policethegrio.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comPorsha Williams engaged to ex-husband of ‘RHOA’ co-star Falynn Guobadiathegrio.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comMark Eaton, former NBA All-Star, dead at 64nypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.com last_img read more

Continue reading »

M&S pledges to launch new lines as profit rises

first_img whatsapp Share Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe Wrap’Sex and the City’ Sequel Series at HBO Max Adds 4 More ReturningThe WrapNewsmax Rejected Matt Gaetz When Congressman ‘Reached Out’ for a JobThe Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The Wrap whatsapp by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity Timesmoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island FarmAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStorythedelite.comNetflix Cancellations And Renewals: The Full List For 2021thedelite.comReporter CenterBrenda Lee: What Is She Doing Now At 76 Years of Age?Reporter CenterBlood Pressure Solution4 Worst Blood Pressure MedsBlood Pressure Solution KCS-content center_img Show Comments ▼ M&S pledges to launch new lines as profit rises MARKS & SPENCER will launch hundreds of new lines as it relies on its “special” image to fuel profit over the next three years, its new chief executive said yesterday.Marc Bolland unveiled his blueprint for the retailer while also announcing a 17 per cent rise in half-year pre-tax profit to £348.8m. Bolland, who took over from Sir Stuart Rose earlier this year, said: “We are going to offer 1,000 new lines, making sure people can do a fuller shop. There will also be more clothing lines. We want to keep M&S innovative.” He said his focus would be on the UK market with international expansion put on the back burner. He rejected suggestions that the company was in advanced negotiations over a move into Spain – possible through a deal with the El Corte Ingles chain. He said the retailer was targeting total revenue of £11.5bn to £12.5bn by 2013/14 – while also triggering an £850m investment plan to spruce up the business. Two thirds of the investment is to be used on the UK, he said.“These changes will not be radical. We want to build on the good work already done. The (profit) figures are good, this is a business to build on.” ANALYST VIEWS: IS BOLLAND’S PLAN LIKELY TO PROPEL PROFIT AT M&S?KEITH BOWMAN | HARGREAVES LANSDOWNIn all, the new strategy does come with risks. The M&S brand has relied on an ageing customer base for some time, so trying to attract the young is a risk.FREDDIE GEORGE | SEYMOUR PIERCEOverall, we believe the market will like these plans, which are focused on strengthening the M&S brand. We expect consensus projections to be upgraded.SAM HART | CHARLES STANLEYTrading conditions are likely to be tough in 2011 and a slowdown in sales momentum is almost inevitable, but we think M&S can continue to make steady progress. Tuesday 9 November 2010 8:25 pm Tags: NULLlast_img read more

Continue reading »

IMI promoted to FTSE 100 as Cobham falls

first_img whatsapp IMI promoted to FTSE 100 as Cobham falls Read This NextFresh Fruit Sushi: Recipes Worth CookingFamily ProofCreamy Pumpkin Soup: Delicious Recipes Worth CookingFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofChicken Bao: Delicious Recipes Worth CookingFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily Proof’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofA Once in 17 Years Cicada Event in Princeton, New JerseyFamily Proof Tags: NULL ENGINEERING group IMI has been promoted to the blue-chip FTSE 100 index after the latest review, indexes complier FTSE Group said yesterday.IMI will replace defence contractor Cobham which has been demoted to the FTSE 250 index.Companies outside the FTSE 100 that grow to rank among the 90 largest by market capitalisation are promoted into the index, while FTSE 100 companies with the lowest value or that fall to 111th spot or below drop into the FTSE Midcap 250 index.Four other changes were made to the FTSE 250 index, with three recent new issues gaining automatic entry and one company promoted from the FTSE Small Cap index.Internet betting exchange Betfair, and specialty chemicals company AZ Electronic Materials, both of which floated in October, will join the mid caps.Real estate investment trust London & Stamford Property, which stepped up from the AIM to the London Stock Exchange’s Official list on 1 October, also gained automatic entry to the FTSE 250.And Russian-focused oil company Exillon Energy was promoted from the FTSE small cap index.Milk producer Robert Wiseman Dairies, outsourcing group Xchanging, oil explorer Melrose Resources, and directories company Yell Group were all demoted to the FTSE small cap index from the FTSE 250. The index changes will take effect from 20 December.FAST FACTS | FTSE RESHUFFLEEngineer IMI joins FTSE 100, as defence contractor Cobham is relegated to FTSE 250.Betfair, AZ Electronic Materials, London & Stamford Property and Exillon Energy are being promoted to the FTSE 250. Robert Wiseman Dairies, Xchanging, Melrose Resources and Yell Group are being demoted from the FTSE 250 to the FTSE small-cap index. KCS-content whatsapp Show Comments ▼ Wednesday 8 December 2010 8:36 pm Share last_img read more

Continue reading »

All-round positive outlook for 2011 worrying

first_img Show Comments ▼ Tags: NULL whatsapp KCS-content Sunday 12 December 2010 10:31 pm This is it – the last meaningful trading week of the year. This is the final opportunity for anyone wanting to move around a decent amount of stock or trying to place an order without sending prices haywire. The week when the futures and options expire and we all settle in to the two-week lull before P&Ls go back to zero and we all have to start again.So as we kick back and look forward to the seasonal re-run of The Italian Job, tins of Quality Street in the office and thrashing the Aussies in the Third Test, what market joys will 2011 bring us?No doubt the big themes of 2010 will once again dominate and continue to fray the nerves. Sovereign debt woes, Chinese economic bubbles and US Government balance sheets will be high on the list of worries as ever but, let’s face it, we rallied on equity markets this year with acute concerns on all these fronts. So why not next year?The analysts, and this may be a worry to many of you and to the analysts themselves, seem to be in accord. In accord that stocks and shares can rally nicely regardless of macro issues.“We forecast a 13 per cent gain for European equities in 2011,” say the European strategy chaps over at Nomura.The Credit Suisse team agree: “We forecast a 13 per cent rise in the global markets in 2011.”And over at Goldman Sachs? “Our portfolio strategy team’s end-2011 index targets envisage 14-29 per cent returns across the major equity markets…”So far in 2010 the FTSE 100 has produced a respectable rally of around 7 per cent, and an uptick of over 20 per cent from the July wobble. The argument for a continuation of the rally in the UK and across equities generally is based on several assumptions.HSBC sees UK earnings growth of 16 per cent in 2011. Nomura points to a more proactive deployment of cash flows with CEOs likely to increase organic investment as well as M&A. Nomura’s Ian Scott adds: “Crucially the market is starting to give the green light to more proactive uses of company cash flows.”Elsewhere, Goldman says a combination of better-than-expected growth and moderate inflation at a global level will be positive for risky assets. GS though believes the greatest risk to the positive scenario comes from the post-crisis fiscal overhang.So there you have it. One very unscientific sampling of 2011 expectations. One straw poll which clearly points to a bullish outlook for equities despite the questionable economic fundamentals.I for one am heartened people are looking on the bright side. I just wish it wasn’t across the board positivity. Markets have a nasty habit of making us all look a little stupid every time we get carried away. Anyone remember Marconi circa 2000?Steve Sedgwick is a presenter on Squawk Box Europe each weekday morning on CNBC. http://europe.cnbc.com Share whatsapp All-round positive outlook for 2011 worrying Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryUndoMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUndoTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastUndoSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesUndoBetterBe20 Stunning Female AthletesBetterBeUndoPeople TodayNewborn’s Strange Behavior Troubles Mom, 40 Years Later She Finds The Reason Behind ItPeople TodayUndomoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comUndoAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteUndoDefinitionDesi Arnaz Kept This Hidden Throughout The Filming of ‘I Love Lucy’DefinitionUndolast_img read more

Continue reading »

Next update set to show snow losses

first_img SEVERAL consumer bellwethers are due to reveal Christmas trading figures this week, with Next, Domino’s Pizza and Clinton Cards kicking off the first reporting season of the year. Clothing retailer Next is due to reveal in a trading update on Wednesday how snow disruption and consumer spending pressures have affected sales over the 24 weeks to Christmas Eve. The firm said in September it expected like-for-like retail sales to shed between 1.5 and 4.5 per cent in the second half of the year, pointing to a steep rise in cotton prices as a catalyst for further drops in 2011. The firm declined to comment yesterday on its performance over the holidays. Analysts at UBS have predicted a 4.5 per cent decline in like-for-like sales, while Seymour Pierce has forecast a 3.3 per cent drop in store sales.Next has previously released guidance predicting annual profit of between £535m and £560m. Also on Wednesday, pizza group Domino’s is expected to announce a strong fourth quarter following a £7m advertising campaign. Analysts at Numis have forecast a pre-tax profit of £36.5m for 2010 on the back of revenues of £185m.The pizza delivery firm has historically fared well during periods of bad weather, with jumps in sales in January 2010 and February 2009, according to analysts at Seymour Pierce. Clinton Cards is up next on Thursday, with the high street greetings card seller hoping to improve on the three per cent drop in like-for-like sales reported in its November interim statement. Waitrose has already revealed its Christmas sales figures were the best ever, despite the icy weather. The supermarket said December sales rose 5.4 per cent on last year, with strong demand for luxury Christmas goods. Parent company John Lewis has said sales at its department stores jumped 26.2 per cent in the first week of its post-Christmas clearance sale. However, market research company Synovate found that shopper numbers between 22 and 26 December were down 6.1 per cent this year. by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBeHistorical GeniusHe Was The Smartest Man Who Ever Lived – But He Led A Miserable LifeHistorical GeniusElite HeraldExperts Discover Girl Born From Two Different SpeciesElite Heraldmoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.com KCS-content Monday 3 January 2011 10:47 pm Next update set to show snow losses whatsappcenter_img whatsapp Share Show Comments ▼ More From Our Partners Fans call out hypocrisy as Tebow returns to NFL while Kaepernick is still outthegrio.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgColin Kaepernick to publish book on abolishing the policethegrio.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgKansas coach fired for using N-word toward Black playerthegrio.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comPorsha Williams engaged to ex-husband of ‘RHOA’ co-star Falynn Guobadiathegrio.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comLA news reporter doesn’t seem to recognize actor Mark Currythegrio.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comMan on bail for murder arrested after pet tiger escapes Houston homethegrio.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comFort Bragg soldier accused of killing another servicewoman over exthegrio.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.com Tags: NULLlast_img read more

Continue reading »