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Sainsbury's reports record Christmas sales of more than £1bn image
Source : BBC [Read Article] Wednesday 11th of January 2017 07:30:30 AM
....Mr Coupe said Argos concessions had been "performing well as awareness of the convenience of shopping at both Sainsbury's and Argos under one roof grows among our customers". Sales growth in the concessions climbed nearly 40% in the run-up to Christmas, Mr Coupe said on a conference call. ...
Smell the difference image
Source : BBC [Read Article] Wednesday 28th of December 2016 11:12:09 PM
....The morning of the opening did not go according to plan. "Basically there were 100 students in front of, and inside the branch, hanging out and taking selfies," he told a conference called Branch Transformation earlier this month. ...
Nike's basketball business leads profit rebound image
Source : BBC [Read Article] Wednesday 21st of December 2016 01:47:55 AM
....Nike's basketball category and the Jordan brand accounted for about 15% of Nike's wholesale revenue in 2016. "Basketball is back," Nike president Trevor Edwards told analysts on a conference call. ...
Starbucks CEO Howard Schultz will resign from position for second time image
Source : Guardian [Read Article] Thursday 1st of December 2016 10:55:14 PM
.... “We cannot know what the precise impact will be on our country and the rest of the world,” Schultz wrote, though he said he was “hopeful that we will overcome the vitriol and division” of the season. On the conference call, Schultz was more upbeat: “These are exciting times for us all,” he said. ...
Starbucks boss Howard Schultz to step down image
Source : BBC [Read Article] Thursday 1st of December 2016 10:35:13 PM
.... . Mr Schultz has complained that the popularity of online shopping is keeping people at home and away from main shopping streets or malls, a point he underlined in a conference call to discuss his decision to stand down. ...
Stock markets defy predictions of slump after Trump victory image
Source : Guardian [Read Article] Wednesday 9th of November 2016 06:17:44 PM
....”. David Kelly, chief global strategist at JPMorgan Asset Management, told investors on a conference call: “This is a pretty muddled playbook and that is why the market reaction is muted,” adding that “people shouldn’t overreact here”. ...
Mobile and Youtube boost Google parent Alphabet profits image
Source : BBC [Read Article] Thursday 27th of October 2016 10:14:27 PM
.... . "We feel well positioned as we transition to a new era of computing," Mr Pichai said in a conference call. ...
Tesla's Elon Musk says new car battery is a milestone image
Source : BBC [Read Article] Tuesday 23rd of August 2016 09:10:44 PM
.... He said there were faster cars on the market, but these were limited-run vehicles, while the Tesla is aimed at the mass market, he said. "These are very profound milestones and I think will help convince people around the world that electric is the future," he said on a conference call with journalists. ...

First evidence of legendary China flood may rewrite history
 image
Source : Telegraph [Read Article] Friday 5th of August 2016 05:56:46 AM
Bands and fans declare war on online ticket touts image
Source : Guardian [Read Article] Saturday 16th of July 2016 05:59:04 AM
....A well-placed source in the touting world told Guardian Money that inside information on Ticketmaster sales was regularly passed on to touts who sell tickets on Get Me In, one of two UK secondary market websites owned by Ticketmaster (the other is Seatwave). The information was gleaned from the company’s “on-sale call”, a conference call that takes place on the morning that tickets for major gigs go on sale – usually on a Friday. ...
Online fashion firm Asos confident as sales jump image
Source : BBC [Read Article] Tuesday 12th of July 2016 07:29:22 AM
....Chief executive Nick Beighton said the company now expected full-year sales growth "at the upper end of the 20-25% (guided) range," and was "confident" of hitting pre-tax profit targets. In a conference call, he said that there would be a medium-term benefit to the company from the weaker pound. ...
Brexit to hit eurozone growth, says IMF image
Source : BBC [Read Article] Friday 8th of July 2016 03:21:05 PM
....Mahmood Pradhan, deputy director of the IMF's European Department, said the outlook could worsen if drawn-out negotiations between the UK and the EU led to a continuation of recent trends in financial markets - where investors have shunned riskier assets. "If that risk aversion is prolonged, we think the growth impact could be larger and at this point, it is very difficult to tell how long that period lasts," he said in a conference call. ...
US stock market and Brexit: a toxic blend of uncertainty and complacency image
.... We’re in uncharted territory, and the unknowns are multiplying like rabbits. “Anyone who tells you where the S&P is going to bottom or isn’t really going to bottom isn’t really being honest,” argued Scott Wren, senior global equity strategist at Wells Fargo Investment Institute, during a conference call to discuss the post-Brexit investment climate on Friday. ...
Regulator knew I wanted to sell BHS, says Sir Philip Green image
Source : Guardian [Read Article] Wednesday 11th of May 2016 02:15:47 PM
....In a separate letter to MPs designed to “clarify facts” that were “misrepresented” by Titcomb, Martin said: “I would like to make clear to the committee that the trustees notified and kept the regulator appraised of developments relating to the sale of the company and shared information with the regulator at all stages of the sale process including joining a meeting on 4 March 2015 with representatives of both TPR and Arcadia at which the sale of BHS was discussed. “The trustees and their advisers also kept TPR updated in subsequent conference calls and emails - including an email of 10 March 2015 - in the days leading up to the announcement of the sale. ...
San Bernardino iPhone: US ends Apple case after accessing data without assistance image
.... It then asked the court to vacate a 16 February court order demanding Apple create software that weakened iPhone security settings to aid government investigators. On a conference call with reporters that the Department of Justice organized, a law enforcement official declined to offer details on the technique other than to say that it came from outside the government. ...
Is it time to stop giving so much of a damn at work? image
Source : Guardian [Read Article] Wednesday 9th of March 2016 07:36:16 AM
.... But everyone’s list will be different. Knight advocates ducking out of professional life’s more pointless rituals, like conference calls. ...
ITV shares slide on disappointing viewing figures image
Source : Guardian [Read Article] Wednesday 2nd of March 2016 05:38:01 PM
....He added that the UK market was “unfinished business” for Malone, despite his £15bn takeover of Virgin Media in 2013. Crozier, speaking on a conference call with analysts, said ITV was more focused on continuing an acquisition spree that has helped fuel the growth of ITV Studios. ...
Judge backs Apple in new access fight image
Source : BBC [Read Article] Monday 29th of February 2016 11:55:28 PM
....But Apple feels the decision in New York gives added strength to its position. A senior Apple spokesman told reporters in a conference call that he was confident the San Bernardino judge would carefully analyse the New York ruling. ...
Slater & Gordon targeted by aggrieved investors for potential class action image
Source : Guardian [Read Article] Monday 29th of February 2016 02:20:33 PM
....Slater & Gordon, which has 3,800 employees in the UK, has reported a AUS$958m (£494m) net loss for the six months, due primarily to the large writedown in the value of its UK business. It emerged during a conference call with analysts that Andrew Grech, the group’s chief executive, offered to resign. ...
Weight Watchers not feeling the Oprah 'effect' as membership continues to fall image
....”. Winfrey also hosted a conference call with 4,000 subscribers, which was later listened to on replay by another 8,000 subscribers, said Chambers. ...
The future is in code and I want women to write it image
Source : Guardian [Read Article] Friday 26th of February 2016 07:20:16 AM
.... A bit like the web really. Most of the time my days are really very random and fun; I could be suddenly on a plane to San Francisco, conference calling with Australia at midnight or heading to a meeting at Number 10 to discuss how to help start-up businesses grown in the UK. ...
Santos sinks to A$2.7bn annual loss image
Source : BBC [Read Article] Friday 19th of February 2016 06:20:32 AM
.... . He said on a conference call on Friday that the firm had to do better. ...
British Gas profits jump by 31% image
Source : BBC [Read Article] Thursday 18th of February 2016 07:25:52 AM
....And he added that if wholesale prices remain low, there may be room for further price reductions this year. The average annual British Gas profit has been £584m in recent years, Mr Conn said on a conference call. ...
Man Utd still on track to earn £500m image
Source : BBC [Read Article] Thursday 11th of February 2016 12:30:35 PM
....5m. "Leicester is a fantastic reference point for everybody this year," said Woodward in a conference call with investors on Thursday. ...
Twitter shakes up timeline feeds image
Source : BBC [Read Article] Wednesday 10th of February 2016 12:40:04 PM
....". The firm's chief executive Jack Dorsey is expected to be quizzed about the expected impact of both the new changes during a conference call with analysts following its earnings announcement. ...
Rural businesses are struggling to recruit young people image
Source : Guardian [Read Article] Tuesday 9th of February 2016 07:30:14 AM
.... I get broadband speeds of about 4. 4 Mbps, which makes downloading large documents really slow and holding a video conference call challenging (you need about 10Mbps). ...
Market Report: Homebuilders battered by global gloom image
Source : Telegraph [Read Article] Monday 8th of February 2016 07:46:05 PM
FTSE's slide continues while ITV hit by sell note image
Source : Guardian [Read Article] Monday 8th of February 2016 11:18:12 AM
....As markets continue to slide, ITV is among the biggest fallers after a sell note from Deutsche Bank. After hosting a conference call with four UK media buyers, the bank said the UK market had started the year strongly but ITV was lagging:. ...
Google's Alphabet set to overtake Apple as world's most valuable company image
Source : Guardian [Read Article] Monday 1st of February 2016 09:58:49 PM
....Ruth Porat, the company’s chief financial officer, said Alphabet was keeping a close eye on spending. “We remain on a journey, and it is still early days,” she told analysts on a conference call. ...
James Murdoch returns as Sky chairman image
Source : Guardian [Read Article] Friday 29th of January 2016 07:40:43 AM
....The Sky chief executive, Jeremy Darroch, brushed off any assertion that Murdoch should not be Sky chairman. “Without a doubt he is the right man for the job,” he said, in a conference call with media on Friday morning. ...
Will you like Facebook's new Reactions? image
Source : BBC [Read Article] Thursday 28th of January 2016 01:34:34 PM
....The social networking giant is about to roll out emoji-style Reactions, which will allow you to express your feelings in a more nuanced fashion. In the conference call with analysts after Facebook's blockbuster financial results, Mark Zuckerberg confirmed that Reactions - which are being tested in Spain, Ireland and a few other places - would be shown everywhere "pretty soon". ...
How would London's next mayor pedestrianise Oxford Street? image
Source : Guardian [Read Article] Thursday 28th of January 2016 11:36:40 AM
.... The key questions now are how he or she will go about it and exactly how pedestrianised Oxford Street will end up being. Last summer, the influential New London Architecture think tank held a conference called Streets Are Places Too. ...
RBS 'clean-up' to push it into 2015 loss image
Source : BBC [Read Article] Wednesday 27th of January 2016 07:41:14 AM
....Clean up, yes, but investors will need to see an improved performance from the bank before that share price starts rising again. On a conference call Mr McEwan refused to answer questions about what the measures meant for the sale of the government's stake in the bank. ...
Why firms limit how much you can buy image
Source : BBC [Read Article] Thursday 14th of January 2016 12:00:24 AM
....So LVMH started to watch its customers more closely. Speaking on a conference call earlier last year, Jean-Jacques Guiony, chief financial officer at LVMH, said: "We've placed strict retail restrictions for the amount of products that people can buy. ...
Marks and Spencer chief to step down image
Source : BBC [Read Article] Thursday 7th of January 2016 07:31:31 AM
....Investors reacted positively, with Marks and Spencer shares rising more than 1% in morning trading. There was no pressure on Mr Bolland to leave from shareholders or the board, Marks and Spencer chairman Robert Swannell said on a conference call with reporters. ...
Value of gun manufacturers' stocks almost doubled in 2015 image
Source : Guardian [Read Article] Thursday 31st of December 2015 09:33:28 PM
.... That’s 24% more than last year. On a conference call with analyst following the 8 December earnings report, Smith & Wesson’s president and CEO, James Debney, mentioned Black Friday numbers four times. ...
FTSE edges higher ahead of Fed with Pearson leading the way image
Source : Guardian [Read Article] Wednesday 16th of December 2015 10:02:55 AM
.... It said it hoped new management would refocus the company and look at acquisitions and share buybacks. Meanwhile Bernstein, after a conference call with Pearson chief executive John Fallon, issued an outperform rating and said it expected further restructuring charges in 2016, with IT and general and administrative costs likely to be cut. ...
Walmart launches its own mobile payment system as turf war heats up image
Source : Guardian [Read Article] Thursday 10th of December 2015 03:20:38 PM
....The move signals that Walmart believes it is best to build its own system to better serve its customers, even as it backs an industrywide mobile payment program that it is testing with 10 other major retailers. “We are creating a seamless shopping experience that includes payment,” Neil Ashe, president and CEO of Walmart’s global e-commerce, told reporters on a conference call. ...
Electrolux's US expansion drive stalls after GE deal fails image
Source : Guardian [Read Article] Monday 7th of December 2015 05:35:44 PM
....However, McLoughlin said he remained committed to Electrolux and would continue as CEO. “We’re disappointed but we’re certainly not defeated,” McLoughlin told a conference call. ...
'I secured an investment deal for my business while nine months pregnant' image
....However, Burnford has no doubts that returning to work early was the right decision: “Things were moving fast, plus I could work from home. I had conference calls while breastfeeding and worked while my son was napping. ...
What are the UK's highest paid jobs of 2015? image
Source : Guardian [Read Article] Wednesday 2nd of December 2015 08:27:12 AM
....2%. Why are CEOs worth their salary? “I am absolutely accountable for the success and failure of the business – it can be a very lonely job on occasions [with] a swift and painful exit for failure,” says Jason Downes, CEO of conference calls service provider Powwownow. ...
Citi criticised by investors over Abengoa collapse image
Source : Guardian [Read Article] Wednesday 25th of November 2015 02:00:47 PM
....5bn into the company, Reuters sources told the news agency late on Tuesday. The group held a three-hour long conference call with investors after the publication of its results. ...
Whole Foods hopes 'food-conscious' shoppers save company as sales slip image
Source : Guardian [Read Article] Thursday 5th of November 2015 12:10:25 AM
....“The impact was really felt across the whole country, not [just] in New York City. This was national news,” Glenda Flanagan, the company’s chief financial officer, said on a conference call with analysts after the investigation was announced. ...
BMW profits rise on European sales image
Source : BBC [Read Article] Tuesday 3rd of November 2015 11:48:54 AM
....A spokesman for BMW said the company had not been asked to talk to the US regulator that caught rival carmaker Volkswagen cheating emissions tests. "We have made our vehicles available," the spokesman said when executives were asked on a conference call about BMW's own test results. ...
Clothing sales fall leaves M&S revival looking a little ragged image
Source : Telegraph [Read Article] Saturday 31st of October 2015 07:00:35 PM
.... . Marks & Spencer's Q4 figures weren't pretty, despite Marc Bolland's rambling attempts to explain them on a marathon conference call  Photo: AFP. ...
Valeant cuts ties with Philidor image
Source : BBC [Read Article] Friday 30th of October 2015 12:40:08 PM
.... . In a conference call on Monday Mr Person sought to calm investors. ...
Volkswagen embarks on its humble journey down to earth image
Source : Guardian [Read Article] Wednesday 28th of October 2015 08:26:31 PM
....Volkswagen’s attempt at being more open and transparent is off to a mixed start. Matthias Müller, the new chief executive, left a conference call for investors after just 30 minutes without answering many of their questions about the diesel emissions scandal. ...
What Twitter must do to save itself image
Source : BBC [Read Article] Wednesday 28th of October 2015 03:55:26 AM
....Dave Lee, BBC North America technology reporter, San Francisco. During his conference call with investors, Jack Dorsey cited a punishing statistic about Twitter. ...
Twitter fails to add any new users in US for second straight quarter image
Source : Guardian [Read Article] Tuesday 27th of October 2015 09:33:14 PM
.... Instagram now has 400 million users and is growing at a faster pace than Twitter. During the conference call with investors, co-founder and newly appointed CEO Jack Dorsey emphasized that Twitter was focusing on becoming more disciplined and efficient, simplifying its services and better communicating its values. ...
Drug maker gets key investor support image
Source : BBC [Read Article] Tuesday 27th of October 2015 06:06:51 PM
.... . On Monday Valeant also held a conference call with its investors to address claims raised in the report published by Citron Research, a short-seller and financial research company. ...
Moment in the sun for corporate governance is not coming too soon image
Source : Telegraph [Read Article] Saturday 24th of October 2015 03:17:57 PM
.... Never has the subject had higher profile. Speaking on a recent conference call on VW, I was told that no less than 300 people had signed in. ...
Carillion bounces back as analysts predict recovery in construction market image
Source : Telegraph [Read Article] Friday 23rd of October 2015 05:25:22 PM
....2p to 370. 8p, after Amazon gave no hint of entering the UK market during a second-quarter conference call on Thursday night. ...
FTSE 100 fades ahead of ECB meeting, while Travis Perkins drops 7% image
Source : Guardian [Read Article] Thursday 22nd of October 2015 08:46:47 AM
.... Santa may bring an early Christmas present, but we are not holding our breath. We will be reviewing our (previously broadly consensus) forecasts following the conference call. ...
Casino firm Wynn hit by Macau slowdown image
Source : BBC [Read Article] Friday 16th of October 2015 01:11:13 AM
....Its shares fell in after-hours US trading. The head of Wynn Resorts, Steve Wynn, told reporters on a conference call: "In my 45 years of experience, I've never seen anything like this before. ...
JP Morgan profit misses expectations image
Source : BBC [Read Article] Tuesday 13th of October 2015 10:26:21 PM
....". In a conference call, the firm pointed to the higher cost of regulation as a factor that would "tap down profit for a while". ...
Luxury goods group LVMH says slowdown in China has affected sales image
Source : Guardian [Read Article] Tuesday 13th of October 2015 05:11:29 PM
....The world’s biggest luxury group, which owns more than 70 brands including the jeweller Bulgari and the fashion labels Fendi and Celine, said on Tuesday that it had seen spending growth rates by Chinese buyers slow down more abroad than at home. Jean-Jacques Guiony, the chief financial officer, told an investor conference call on third-quarter sales: “The Chinese stock market collapse has taken its toll and we expect this to have an impact only for a few months. ...
Dell makes $67bn bet on EMC in tech history's largest acquisition image
Source : Guardian [Read Article] Monday 12th of October 2015 11:45:02 AM
....“EMC’s board and I have worked tirelessly over the last few years exploring a variety of options for EMC, and I truly believe this is the best way forward for us,” said Joe Tucci, chairman and CEO of EMC. The combined company, he told investors on a conference call on Monday, would have hubs in Boston, Massachusetts; Austin, Texas; and the San Francisco Bay area. ...
Lying awake at 3am? Perhaps you should try biphasic sleeping image
Source : Guardian [Read Article] Friday 9th of October 2015 06:00:14 AM
....Kaan Aydogmus, founder of London-based design and communication agency Magnetic, gets just five to six hours sleep a night – if he’s lucky. The demands of running a global business that operates across different time zones means he is often jet lagged from travel or waking up at the crack of dawn for international conference calls. ...
SABMiller calls in Takeover Panel amid battle with AB InBev image
Source : Telegraph [Read Article] Wednesday 7th of October 2015 07:28:17 PM
.... . SABMiller, the owner of Peroni and Foster’s, is believed to have been angered after Carlos Brito, the boss of Budweiser and Stella Artois brewer AB InBev, used a conference call to claim that he expected to receive the support of Colombia’s Santo Domingo family. ...
5 reasons to keep Daylight Saving Time all year round image
Source : Telegraph [Read Article] Monday 5th of October 2015 10:35:50 AM
.... Moving clocks forward by an hour would bring the UK in line with Central European Time, which means London would work the same business hours as Brussels, Paris, Frankfurt and Milan. For business that operate internationally, this could cut down staff overtime costs - not to mention any confusion over scheduling, from conference calls to deliveries. ...
Insurance business will stay turbulent for a while yet, warns RSA chairman image
Source : Telegraph [Read Article] Saturday 26th of September 2015 06:03:54 PM
.... RSA chief executive Stephen Hester  Photo: GETTY. The news came as a shock to Scicluna and RSA chief executive Stephen Hester last Sunday evening, when they received a request to hastily arrange a conference call with Zurich chairman Tom de Swaan and chief executive Martin Senn. ...
China to launch national cap-and-trade plan in 2017, US announces image
Source : Guardian [Read Article] Friday 25th of September 2015 12:00:03 AM
....White House officials said the new national scheme would cover power generation, iron and steel, chemicals, building materials including cement, paper-making and nonferrous metals which together account for a large share of China’s carbon pollution. The White House acknowledged in a conference call with reporters that the Chinese actions were helpful to Obama’s efforts to fight climate change by neutralising Republican arguments that the US was acting alone. ...
What the Fed's game of chicken means for your money image
Source : Guardian [Read Article] Sunday 20th of September 2015 11:30:04 AM
....The biggest disappointment, for many investors and Fed watchers, was the lack of guidance and transparency in the announcement. The result? “A lot of uncertainty; more so than in recent memory,” groused Brian Rehling, co-head of global fixed income strategy at Wells Fargo Investment Institute, on a conference call with clients on Thursday afternoon. ...
Source : Independent [Read Article] Sunday 13th of September 2015 06:30:58 PM
.... . The seven companies issuing trading updates last Thursday led to a rapid succession of conference calls, two of which clashed. ...
'Super Thursday' for retail analysts shows the City at its silliest image
Source : Independent [Read Article] Friday 11th of September 2015 12:00:57 AM
....Nick Bubb, in his ever-readable Daily Retailer blog, said “spare a thought for the hard-working retail analysts” as his former colleagues prepared for their equivalent of hell. That was “Super Thursday”, although brokers would probably have used another word beginning with S  to describe it because Morrison’s, Next, Dunelm, Home Retail, Dixons Carphone, Darty and the John Lewis Partnership all contrived to put out updates or results on that day, inevitably followed by conference calls, of which there were seven – one after the other. ...
EasyJet brought to earth by a spot of Ryanair turbulence  image
Source : Telegraph [Read Article] Wednesday 9th of September 2015 05:53:36 PM
.... . During a conference call on Wednesday, Ryanair said it was expecting fare reductions, leading traders in the City to believe these remarks were the primary cause of the stock’s decline. ...
United Airlines chief executive steps down amid corruption investigation image
Source : Guardian [Read Article] Tuesday 8th of September 2015 09:34:45 PM
....United is cooperating with the government’s investigation, it added. During the Q&A portion of a conference call with investors Monday afternoon, executive vice president and general counsel for United Brett Hart reiterated that the company would not answer any questions on the topic. ...
In defence of the office image
Source : BBC [Read Article] Thursday 3rd of September 2015 11:07:05 PM
.... So if your cunning plan is to stay at home and avoid doing much work, give it up now. And if you think you'll get more done thanks to skyping Japan at 3am before your tai chi, and talking part in a conference call over dinner with the kids, also think again. ...
Flying in Mary Poppins won’t fix work for parents image
Source : Guardian [Read Article] Thursday 27th of August 2015 06:23:19 AM
.... It occurred to me that if the situation had been reversed and she’d been stuck in the UK rather than able to attend her meeting, we would all have accepted it as just one of those things. The meeting would have been moved or a conference call suggested; after all if you can’t fly, you can’t fly. ...
Paddy Power and Betfair agree to merge image
Source : Guardian [Read Article] Wednesday 26th of August 2015 07:09:29 AM
....Alongside its core exchange product, Betfair is also targeting a larger share of the broader sports betting market. The companies gave out little detail about where costs would be cut or how extra revenues would be achieved, prompting analysts to ask Paddy Power on a conference call why it had announced the deal now. ...
Amlin raises dividend and says it's not for sale image
Source : Telegraph [Read Article] Monday 24th of August 2015 10:15:00 AM
.... . “We are not for sale, we are not running a sale process,” Charles Philipps, chief executive of Amlin, said on a conference call. ...
Did big personalities worsen the financial crash? image
Source : BBC [Read Article] Monday 24th of August 2015 09:13:33 AM
....But on 17 July that year, Federal Reserve Chairman Ben Bernanke delivered a speech designed to draw confidence back to the markets. At the same moment a hedge fund named FrontPoint hosted an open conference call to warn of exactly the opposite. ...

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