Topic filter : First Quarter

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....". Meanwhile, investors got a taste for McDonald's shares after the fast food chain reported better-than-expected profits in the first quarter. ... [Read full article on BBC ]
Tuesday 25th of April 2017 02:58:27 PM
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. Troubled Royal Bank of Scotland has reported its first quarterly profit since the third quarter of 2015. ... [Read full article on BBC ]
Friday 28th of April 2017 06:26:06 AM
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....5% thanks to a jump in motor vehicle output, while agriculture growth eased to 0. 3% in the first quarter from 1% in the final quarter of 2016. ... [Read full article on BBC ]
Friday 28th of April 2017 08:32:58 AM
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....GDP expanded at an annual rate of 0. 7% in the first quarter - the slowest rate since the first quarter of 2014. ... [Read full article on BBC ]
Friday 28th of April 2017 12:40:39 PM
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....Barclays says its profits more than doubled in the first three months of the year, boosted by better performance across the board. Pre-tax profit for the first quarter was £1. ... [Read full article on BBC ]
Friday 28th of April 2017 06:36:15 AM
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....The decree said the pay cuts for ministers and government employees - the first in the country, where about two-thirds of working Saudis are employed in the public sector - had been in response to falling oil prices, which sank to a low of $28 (£21) a barrel last January. The price of oil has since risen to about $52 a barrel and ministers said budgetary performance had been better than expected in the first quarter of this year. ... [Read full article on BBC ]
Sunday 23rd of April 2017 06:39:53 AM
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. The number of profit warnings posted by publicly listed companies reached 75 in the first quarter of 2017, according to business consultants EY. ... [Read full article on BBC ]
Sunday 23rd of April 2017 08:23:22 AM
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.... The two companies accounted for 99% of the industry growth in digital advertising in 2016, Pivotal Research said in a report this week, demonstrating market power that some advertisers complain amounts to a duopoly. Amazon, the world’s largest online retailer, saw its shares rise to their highest ever level after it said net income rose 41% in the first quarter of the year. ... [Read full article on Guardian ]
Friday 28th of April 2017 03:03:31 AM
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....It said pre-tax profits doubled from a year ago to £1. 3bn in the first quarter, although last year's figure included a hefty one-off cost. ... [Read full article on BBC ]
Thursday 27th of April 2017 06:33:36 AM
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....4% between January and March. This would be the weakest performance since the first quarter of 2016, when the economy grew by 0. ... [Read full article on Guardian ]
Monday 24th of April 2017 06:00:04 AM
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....“We should expect the consumer slowdown to dominate the growth picture over the course of this year . GDP growth figures for the first quarter released at the end of this week are likely to confirm that the UK economy is already slowing. ... [Read full article on Guardian ]
Tuesday 25th of April 2017 10:38:58 AM
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.... Meanwhile, profits are nowhere to be seen. In the first quarter, the company lost $62m, an $18m improvement on a year ago, thanks to cost cutting, but hardly justification for a stock market value of $11bn – less than it was, yet still substantial. ... [Read full article on Guardian ]
Wednesday 26th of April 2017 06:37:04 PM
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.... Some income from licensing deals increased. The 11-year old company made a net quarterly loss of $62m, an improvement on the $80m it lost in the first quarter of 2016 and much less than the $167m it lost in the previous quarter. ... [Read full article on Guardian ]
Wednesday 26th of April 2017 01:48:14 PM
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. Toy-maker Hasbro said revenues in the first quarter increased 2%, prompting a surge in share value on Monday. ... [Read full article on BBC ]
Monday 24th of April 2017 03:00:22 PM
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....Shares in Royal Bank of Scotland rose 4. 7%, after it reported its first quarterly profit since third quarter of 2015. ... [Read full article on BBC ]
Friday 28th of April 2017 11:29:13 AM
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....14bn) from shareholders in an effort to strengthen its capital base. The Swiss lender put on hold a plan to sell shares in its domestic banking business and posted a first quarter profit of 596m Swiss francs. ... [Read full article on BBC ]
Wednesday 26th of April 2017 06:27:10 AM
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....87bn euros (£1. 59bn) in the first quarter, boosted by its Brazilian business. ... [Read full article on BBC ]
Wednesday 26th of April 2017 10:31:49 AM
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....”. On Wednesday, the energy retail and generation businesses of Scottish Power, owned by Spain’s Iberdrola, posted a 73% fall in earnings before interest and tax to £47m in the first quarter. ... [Read full article on Guardian ]
Wednesday 26th of April 2017 02:52:40 PM
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....”. At 59%, individual voluntary arrangements accounted for the majority of personal insolvencies in the first quarter, while debt relief orders made up a further 25% and bankruptcies accounted for 16%. ... [Read full article on Guardian ]
Friday 28th of April 2017 02:34:07 PM
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.... Now they have hit reverse again. Last week’s report showed sales to UK buyers for the first quarter of 2017 down from 2,800 last year to 2,000. ... [Read full article on Guardian ]
Friday 28th of April 2017 04:03:49 PM
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....But she said a "volatile" international environment suggests that military spending may increase, including in the US. Lockheed sales in the first quarter were up 6. ... [Read full article on BBC ]
Tuesday 25th of April 2017 05:20:59 PM
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....GDP growth fell more than expected to 0. 3% in the first quarter from 0. ... [Read full article on Guardian ]
Friday 28th of April 2017 02:33:56 PM
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....Millions of Royal Bank of Scotland and Lloyds Banking Group customers have had difficulty accessing their accounts after the banks suffered IT meltdowns before the long weekend. On Friday, when RBS was trying to focus on its first quarterly profit since the third quarter of 2015 and Lloyds on the news that the taxpayer’s shareholding had fallen to less than 1%, both banks instead faced questions about their digital operations. ... [Read full article on Guardian ]
Friday 28th of April 2017 03:24:55 PM
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....But Paul Pester, chief executive of TSB, which was spun out of Lloyds three years ago, was more cautious, questioning the practice in the credit card industry to tout zero interest offers on balance transfers. TSB, now owned by Spanish bank Sabadell, reported a 40% drop in first quarter profits t0 £32m after a £30m increase in fees it pays to Lloyds following the split. ... [Read full article on Guardian ]
Thursday 27th of April 2017 06:33:22 AM
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....The downbeat tone of the poll chimes with signs the economy has lost momentum in recent months as the post-referendum resilience in consumer spending wanes. Official figures on Friday morning are expected to show UK economic growth slowed markedly in the first quarter of this year. ... [Read full article on Guardian ]
Friday 28th of April 2017 06:01:03 AM
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....The Commerce Department says the gross domestic product, the total output of goods and services, grew by just 0. 7% in the first quarter following a gain of 2. ... [Read full article on Guardian ]
Friday 28th of April 2017 12:54:36 PM
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. Royal Bank of Scotland has reported its first quarterly profit since 2015, as it looks to turn a corner after nine years of losses since its £45bn bailout during the financial crisis. ... [Read full article on Guardian ]
Friday 28th of April 2017 06:57:09 AM
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Latest Finance News related to First Quarter

Weak pound melts the British dream of a place in the sun image
Source : Guardian [Read Article] Friday 28th of April 2017 04:03:49 PM
.... Now they have hit reverse again. Last week’s report showed sales to UK buyers for the first quarter of 2017 down from 2,800 last year to 2,000. ...
RBS and Lloyds IT faults cause online banking frustrations image
Source : Guardian [Read Article] Friday 28th of April 2017 03:24:55 PM
....Millions of Royal Bank of Scotland and Lloyds Banking Group customers have had difficulty accessing their accounts after the banks suffered IT meltdowns before the long weekend. On Friday, when RBS was trying to focus on its first quarterly profit since the third quarter of 2015 and Lloyds on the news that the taxpayer’s shareholding had fallen to less than 1%, both banks instead faced questions about their digital operations. ...
Personal insolvencies soar to highest level in three years image
Source : Guardian [Read Article] Friday 28th of April 2017 02:34:07 PM
....”. At 59%, individual voluntary arrangements accounted for the majority of personal insolvencies in the first quarter, while debt relief orders made up a further 25% and bankruptcies accounted for 16%. ...
US economy turns in weakest quarterly performance in three years image
Source : Guardian [Read Article] Friday 28th of April 2017 12:54:36 PM
....The Commerce Department says the gross domestic product, the total output of goods and services, grew by just 0. 7% in the first quarter following a gain of 2. ...
US growth rate hits three-year low image
Source : BBC [Read Article] Friday 28th of April 2017 12:40:39 PM
....GDP expanded at an annual rate of 0. 7% in the first quarter - the slowest rate since the first quarter of 2014. ...
Barclays pulls FTSE 100 lower image
Source : BBC [Read Article] Friday 28th of April 2017 11:29:13 AM
....Shares in Royal Bank of Scotland rose 4. 7%, after it reported its first quarterly profit since third quarter of 2015. ...
RBS reports first quarterly profit since 2015 image
Source : Guardian [Read Article] Friday 28th of April 2017 06:57:09 AM
. Royal Bank of Scotland has reported its first quarterly profit since 2015, as it looks to turn a corner after nine years of losses since its £45bn bailout during the financial crisis. ...
Barclays profits more than double image
Source : BBC [Read Article] Friday 28th of April 2017 06:36:15 AM
....Barclays says its profits more than doubled in the first three months of the year, boosted by better performance across the board. Pre-tax profit for the first quarter was £1. ...
RBS reports first quarter profit as turnaround continues image
Source : BBC [Read Article] Friday 28th of April 2017 06:26:06 AM
. Troubled Royal Bank of Scotland has reported its first quarterly profit since the third quarter of 2015. ...
British consumers' confidence slumps as inflation grows image
Source : Guardian [Read Article] Friday 28th of April 2017 06:01:03 AM
....The downbeat tone of the poll chimes with signs the economy has lost momentum in recent months as the post-referendum resilience in consumer spending wanes. Official figures on Friday morning are expected to show UK economic growth slowed markedly in the first quarter of this year. ...
Nasdaq surge expected to continue after strong Alphabet and Amazon results image
.... The two companies accounted for 99% of the industry growth in digital advertising in 2016, Pivotal Research said in a report this week, demonstrating market power that some advertisers complain amounts to a duopoly. Amazon, the world’s largest online retailer, saw its shares rise to their highest ever level after it said net income rose 41% in the first quarter of the year. ...
Lloyds profits double to £1.3bn despite PPI and fraud payouts image
Source : Guardian [Read Article] Thursday 27th of April 2017 06:33:22 AM
....But Paul Pester, chief executive of TSB, which was spun out of Lloyds three years ago, was more cautious, questioning the practice in the credit card industry to tout zero interest offers on balance transfers. TSB, now owned by Spanish bank Sabadell, reported a 40% drop in first quarter profits t0 £32m after a £30m increase in fees it pays to Lloyds following the split. ...
Even Trump's Twitter binges aren't enough to make it worth $11bn | Nils Pratley image
.... Meanwhile, profits are nowhere to be seen. In the first quarter, the company lost $62m, an $18m improvement on a year ago, thanks to cost cutting, but hardly justification for a stock market value of $11bn – less than it was, yet still substantial. ...
Car insurance model will not help energy market, says charity image
Source : Guardian [Read Article] Wednesday 26th of April 2017 02:52:40 PM
....”. On Wednesday, the energy retail and generation businesses of Scottish Power, owned by Spain’s Iberdrola, posted a 73% fall in earnings before interest and tax to £47m in the first quarter. ...
Twitter revenues decline for first time as advertising falls away image
Source : Guardian [Read Article] Wednesday 26th of April 2017 01:48:14 PM
.... Some income from licensing deals increased. The 11-year old company made a net quarterly loss of $62m, an improvement on the $80m it lost in the first quarter of 2016 and much less than the $167m it lost in the previous quarter. ...
Credit Suisse plans £3bn fundraising to boost capital image
Source : BBC [Read Article] Wednesday 26th of April 2017 06:27:10 AM
....14bn) from shareholders in an effort to strengthen its capital base. The Swiss lender put on hold a plan to sell shares in its domestic banking business and posted a first quarter profit of 596m Swiss francs. ...
Lockheed Martin profits take fall, despite sales increase image
Source : BBC [Read Article] Tuesday 25th of April 2017 05:20:59 PM
....But she said a "volatile" international environment suggests that military spending may increase, including in the US. Lockheed sales in the first quarter were up 6. ...
McDonald's to offer all UK staff fixed hour contracts image
Source : BBC [Read Article] Tuesday 25th of April 2017 02:58:27 PM
....". Meanwhile, investors got a taste for McDonald's shares after the fast food chain reported better-than-expected profits in the first quarter. ...
Brexit economy: living standards are falling as the snap election looms image
Source : Guardian [Read Article] Tuesday 25th of April 2017 10:38:58 AM
....“We should expect the consumer slowdown to dominate the growth picture over the course of this year . GDP growth figures for the first quarter released at the end of this week are likely to confirm that the UK economy is already slowing. ...
Toy-maker Hasbro revenues boosted by Monopoly sales image
Source : BBC [Read Article] Monday 24th of April 2017 03:00:22 PM
. Toy-maker Hasbro said revenues in the first quarter increased 2%, prompting a surge in share value on Monday. ...
Company profit warnings increase on previous quarter image
Source : BBC [Read Article] Sunday 23rd of April 2017 08:23:22 AM
. The number of profit warnings posted by publicly listed companies reached 75 in the first quarter of 2017, according to business consultants EY. ...
Saudi Arabia's King Salman reverses public sector pay cuts image
Source : BBC [Read Article] Sunday 23rd of April 2017 06:39:53 AM
....The decree said the pay cuts for ministers and government employees - the first in the country, where about two-thirds of working Saudis are employed in the public sector - had been in response to falling oil prices, which sank to a low of $28 (£21) a barrel last January. The price of oil has since risen to about $52 a barrel and ministers said budgetary performance had been better than expected in the first quarter of this year. ...
BHS crash sets trend for a chain of closures on UK high streets image
Source : Guardian [Read Article] Saturday 22nd of April 2017 03:00:17 PM
.... “The number of stores M&S is going to close is peanuts,” says Hopkinson. UK store chiefs are facing tough decisions at a time when trading patterns are being upset by uncertainty surrounding Brexit, with retail sales figures for the first quarter of 2017 showing the biggest drop in purchases in the last seven years. ...
UK retail surge since Brexit vote comes to an end image
Source : Guardian [Read Article] Friday 21st of April 2017 01:11:30 PM
. The strong recovery on Britain’s high streets after last year’s Brexit vote appears to be over, with retail sales figures for the first quarter showing the biggest drop in purchases in the last seven years. ...
Biggest fall in UK retail sales in seven years image
Source : BBC [Read Article] Friday 21st of April 2017 09:24:52 AM
....UK retail sales posted their biggest quarterly fall in seven years in March, as the prices of everyday goods continued to climb. By volume, sales in the first quarter of this year were down 1. ...
M&S share rise fails to lift FTSE 100 image
Source : BBC [Read Article] Friday 21st of April 2017 08:12:14 AM
....9% after losing 1. 7% earlier following its report of flat first quarter sales. ...
Reckitt Benckiser says Mead Johnson takeover on track image
Source : BBC [Read Article] Friday 21st of April 2017 07:17:50 AM
....Consumer goods giant Reckitt Benckiser has confirmed its acquisition of baby formula firm Mead Johnson should be completed by the end of September. The announcement came as the company, whose brands include Dettol, Durex, and French's ketchup and mustard, reported flat first quarter sales. ...
Barbie out of fashion as Mattel slumps image
Source : BBC [Read Article] Thursday 20th of April 2017 10:30:59 PM
. Barbie sales fell 13% in the first quarter, adding to a much worse-than-expected slump for Mattel, the world's largest toy company. ...
Trump signs order to assess whether steel imports threaten national security image
....Speaking ahead of the signing Wilbur Ross, secretary of commerce, said a 19. 6% increase in steel imports in the first quarter has had “a very serious impact on the domestic industry”. ...
BMW profits boosted by Intel map investment image
Source : BBC [Read Article] Thursday 20th of April 2017 12:56:17 PM
. BMW's first quarter profits rose more than expected after the value of its stake in the mapping service Here was boosted by an investment by Intel. ...
Sir David Attenborough to become 3D hologram for Sky VR documentary image
Source : Guardian [Read Article] Thursday 20th of April 2017 11:15:04 AM
.... Stripping out currency effects Sky’s revenues rose by 5% year on year for the nine-month period. The company said it had battled a tough UK ad market, which fell by 8% in the first quarter of this year, outperforming the conditions with its ad revenues down by just 3% in its home market. ...
Unilever sales rise on higher prices image
Source : BBC [Read Article] Thursday 20th of April 2017 08:45:55 AM
....Unilever: Profile of a consumer goods giant. Chief executive Paul Polman said: "The first quarter shows growth once more ahead of our markets. ...
London shares stagnate in shade of UK election campaign image
Source : BBC [Read Article] Thursday 20th of April 2017 07:38:55 AM
....54p after updating investors on its big turnaround plan, which includes both store closures and new store openings. Unilever, one of the world's leading maker of groceries and household goods, said sales rose 3% in its first quarter, which was stronger growth than had been expected. ...
IMF says global financial stability has improved image
Source : BBC [Read Article] Wednesday 19th of April 2017 12:31:28 PM
....There is also a specific concern about rising debt levels in China. Earlier this week there was news that economic growth in China had strengthened in the first quarter of this year. ...
Morgan Stanley profits jump on bond trading growth image
Source : BBC [Read Article] Wednesday 19th of April 2017 12:27:31 PM
. Morgan Stanley profits rose sharply in the first quarter as the Wall Street giant became the latest bank to see growth in the period. ...
Dulux owner reports 'record performance' image
Source : BBC [Read Article] Wednesday 19th of April 2017 07:04:29 AM
. Dulux paint-owner AkzoNobel has reported a "record performance" for its first quarter as it continues to resist a hostile takeover attempt by a US rival. ...
IMF says pace of global economic growth is picking up image
Source : BBC [Read Article] Tuesday 18th of April 2017 01:01:41 PM
....Even Brazil and Russia, two countries that have suffered from the fallout of international and domestic political difficulties, are forecast to see growth this year, although it's not particularly strong. China first quarter growth hits 6. ...
Goldman Sachs and Bank of America see profits jump image
Source : BBC [Read Article] Tuesday 18th of April 2017 11:54:29 AM
. Two major US banks have reported increased profits for the first quarter of the year, amid higher interest rates and an energy sector rebound. ...
Food and fuel inflation 'hitting UK supply chain' image
Source : BBC [Read Article] Tuesday 18th of April 2017 11:00:38 AM
....The pound has fallen by about 16% against the dollar since the Brexit vote last June, pushing up the cost of imported goods. According to the research, industrial transportation and logistics businesses experienced the largest increase in significant financial distress in the first quarter of 2017 - up 46% year-on-year - largely due to rising fuel costs. ...
Netflix says opportunity 'gigantic' despite slowing growth image
Source : BBC [Read Article] Monday 17th of April 2017 09:40:50 PM
....Netflix blamed the drop partly on shifting some of its popular shows to the second quarter of the year. The firm said its House of Cards series, which last year debuted in the first quarter but for this year has been pushed into the second quarter, was the main reason for the lower-than-expected subscriber growth. ...
China's first quarter growth beats expectations at 6.9% image
Source : BBC [Read Article] Monday 17th of April 2017 02:36:03 AM
....China's economy grew by 6. 9% in the first quarter of 2017, according to official figures. ...
Average UK house price falls £1,000 since start of year image
Source : Guardian [Read Article] Saturday 15th of April 2017 07:01:18 AM
....Zoopla’s analysis of its property values data showed prices in England dropped 0. 4% over the first quarter of the year but were little changed in Scotland, dipping by less than 0. ...
Falling US retail sales cast doubt on further Fed interest rate rise image
Source : Guardian [Read Article] Friday 14th of April 2017 04:34:01 PM
....”. He said the retail sales figures suggested real consumption “barely increased at all over the first quarter” but noted that the underlying picture was still fairly robust. ...
JPMorgan and Citi quarterly profit helped by higher rates image
Source : BBC [Read Article] Thursday 13th of April 2017 11:11:57 AM
. Profits at two of the biggest US banks jumped in the first quarter, buoyed by higher interest rates. ...
UK retail sales fall again as rising living costs bite image
Source : Guardian [Read Article] Monday 10th of April 2017 11:01:12 PM
.... Their labour costs have risen with an increase in the national living wage, transport costs are up on higher oil prices and imported goods are more expensive because of the pound’s sharp fall since the Brexit vote last June. Paul Martin, the UK head of retail at the report’s co-authors KPMG, described the sales drop in March as a disappointing end to the first quarter for retailers. ...
Tesla surpasses GM to become most valuable car company in US image
Source : Guardian [Read Article] Monday 10th of April 2017 04:37:58 PM
....While its share price may be soaring, there are roadblocks to Tesla’s further success – including the fact that the company has never made a profit – but the stock benefits from enthusiasm for the manufacturer’s design-conscious approach to electric vehicles and its emphasis on futuristic automating software, such as Autopilot and Summon. The company has far fewer vehicles on the road than GM – billionaire founder Elon Musk promised to ramp up production to 500,000 cars in 2018, while GM sold 546,838 at US retail alone in the first quarter of 2016. ...
UK industrial output falls in February image
Source : BBC [Read Article] Friday 7th of April 2017 09:27:16 AM
.... . He added: "We suspect UK GDP growth in the first quarter of 2017 slowed to 0. ...
£100MILLION - that's how much Lloyds expects to pay out in fraud compensation image
....". Lloyds said the £100 million provision will be included in its first quarter results later this month. ...
UK services sector expands at fastest rate this year image
Source : Guardian [Read Article] Wednesday 5th of April 2017 11:24:50 AM
....“The relative weakness of the PMI survey data compared to that seen at the turn of the year suggests the economy will have grown by 0. 4% in the first quarter, markedly lower than the 0. ...
UK services sector beats forecasts buoyed by new work image
Source : BBC [Read Article] Wednesday 5th of April 2017 09:28:30 AM
....However, the Office for National Statistics said the rate remained below the pre-financial crisis average. Chris Williamson, chief business economist at IHS Markit, believed that economic growth for the first quarter of 2017 would slow. ...
Tesla closes in on General Motors as most valuable US carmaker image
Source : BBC [Read Article] Tuesday 4th of April 2017 05:33:05 PM
....Electric car maker Tesla is vying with General Motors to become the most valuable auto company in the US. On Monday, Tesla's market value passed Ford's after the firm's shares rose on news it had delivered a record number of cars in the first quarter of 2017. ...
Tesla's market value overtakes Ford image
Source : BBC [Read Article] Monday 3rd of April 2017 09:20:03 PM
....Tesla's shares rose on Monday after the company announced record vehicle deliveries in the first three months of the year. The firm delivered more than 25,000 cars in the first quarter, up 70% on the same quarter last year. ...
Tesla reports record car deliveries image
Source : BBC [Read Article] Sunday 2nd of April 2017 11:56:21 PM
....That would be significantly cheaper than Tesla's current models - the Model X, an SUV, and the Model S, a sporty saloon, both priced at more than $70,000 (£56,000). In the first quarter Tesla delivered 13,450 Model S cars and 11,550 of the Model X. ...
UK house prices slide for first time in almost two years, says Nationwide image
....”. Nationwide said that over the first quarter, there was the least variation in regional house price performance in almost 40 years. ...
H&M to launch new 'more upmarket' fashion brand in London image
Source : BBC [Read Article] Thursday 30th of March 2017 02:45:31 PM
....4% drop in net profit to 2. 45bn kronor ($275m; £220m) for the December to February period, the first quarter of the company's financial year. ...
Johnston Press announces £300m pre-tax loss image
Source : BBC [Read Article] Thursday 30th of March 2017 07:28:23 AM
...."Circulation figures of key titles are improving, the 'i' has bucked the trend of declining national newspaper sales". He said digital advertising had returned to growth in the first quarter of this year, and argued that advertisers would be attracted to more conventional news publishers, following controversies around advert placing next to unacceptable material and fake news. ...
Johnston Press reports £300m loss after huge newspaper writedown image
Source : Guardian [Read Article] Wednesday 29th of March 2017 08:59:13 AM
....”. The company said trading had picked up since last summer with total revenues up 1% in the fourth quarter; digital advertising rose 2% in the first quarter this year, or 10% stripping out classified ad income. ...
Brexit economy: UK faces squeeze on living standards image
Source : Guardian [Read Article] Friday 24th of March 2017 10:30:30 AM
.... A better performance in the smaller construction sector was not enough to offset that weakness and the compilers of the reports – the Markit/CIPS purchasing managers’ indices – said GDP growth looked to have shifted down a gear to 0. 4% in the first quarter from the relatively strong 0. ...
UK households most downbeat about finances since 2013 image
Source : Guardian [Read Article] Wednesday 22nd of March 2017 12:35:41 PM
....Tim Moore, a senior economist at IHS Markit, said: “UK households reported greater pressure on their financial well-being in March, as rising inflation has started to erode incomes and reduce cash available to spend. On average in the first quarter of 2017 survey respondents have reported the sharpest increase in their everyday living costs for three-and-a-half years. ...
US interest rate rise signals end of ultra-low borrowing costs image
Source : Guardian [Read Article] Wednesday 15th of March 2017 07:31:25 PM
....But the economic news has not all been upbeat. US growth was modest in the final three months of 2016 and the early evidence is that the first quarter of 2017 was no great shakes either. ...
Lloyds Banking Group sets aside an extra £350m for PPI image
Source : BBC [Read Article] Friday 10th of March 2017 02:05:39 PM
....Anyone who has had complaints rejected will receive a letter explaining that they could have new grounds for a claim. In a filing to the US Securities and Exchange Commission, Lloyds said the additional £350m provision will be reflected in the its results for the first quarter which will be announced on 27 April, and has no impact on guidance. ...
Warren Buffett, 'Oracle of Omaha', criticises Wall Street and praises immigrants image
....66 closing price. Berkshire became one of the top 10 Apple investors, taking a stake of more than 9m shares in the first quarter of 2016 and then accelerating purchases in the last three months of the year. ...
'The economy looks set to be slowing again' – experts debate Brexit watch data image
....All this suggests the consumer will be much less supportive of growth this year than last, and this will add to the impact of increased uncertainty on investment spending. We could well see the first clear signs of this slowdown in the GDP figures for the first quarter of this year when they are available in a few months. ...
Made in the UK goods could cost more as import prices rise image
Source : Guardian [Read Article] Monday 20th of February 2017 01:17:41 PM
....Gregory said: “Admittedly, the drop in the pound is having a clear impact on price pressures, with the price expectations balance rising to its highest in nearly six years. “But the sector looks on course to provide a positive contribution to GDP growth in the first quarter. ...
Twitter loses ad revenue despite gaining 2 million users and Trump 'boost' image
Source : Guardian [Read Article] Thursday 9th of February 2017 12:50:28 PM
.... “Making Twitter safer is a primary focus in 2017, and we are approaching safety with a greater sense of urgency,” it said. “We’ve rolled out a number of product changes already in the first quarter, and this focus will continue until we’ve made a significant impact. ...
UK inflation warnings intensify as service sector costs rise image
Source : Guardian [Read Article] Friday 3rd of February 2017 01:43:13 PM
....“The PMI surveys are collectively signalling that GDP will increase by a robust 0. 5% in the first quarter, if current growth is sustained in coming months,” said Williamson. ...
UK industry is on a roll – but inflation could send it on the slide | Larry Elliott image
.... Rising domestic demand is prompting firms to increase output. On the basis of the findings manufacturing output could rise by 2% in the first quarter. ...
Pokémon Go and no sign of stopping: Apple’s App Store sales boom image
Source : Guardian [Read Article] Saturday 28th of January 2017 03:59:04 PM
.... It is little wonder that Apple thanked developers recently while gently reminding them that “our products” – an ecosystem of phones, tablets and the store itself – make it all possible. In the first quarter of last year, sales of the iPhone suffered their first ever decline, leading some analysts to speculate that the world may have reached “peak Apple” and prompting the company to ensure its content operation continues to run like clockwork. ...
Tesco hails turnaround as festive sales increase image
Source : Guardian [Read Article] Thursday 12th of January 2017 09:18:49 AM
....2bn of operating profit this year “and maybe slightly more”, as the sales rise had been achieved alongside improvements in efficiency. Tesco won back market share in the UK for the first quarterly period in five years before Christmas as shoppers responded to price cuts and investment in customer service. ...

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