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Fishing Republic – The Competition Fights Back as CEO Departs

Fishing Republic FISH Gone has all the hype of just a couple of months ago when Fish appears to have expected that its major competitors and independents would just roll over and let it take their business. How wrong could they be. Well so wrong that the CEO is departing today without notice after having […]

UK High Street – Not In Good Health ?

Sainsbury SBRY hs been forced to cut  its interim dividend by 14% to 3.1p. Despite all the hype about outperforming this and growing market share in challenging conditions etc etc, in the end it was forced to choose between sticking to its strict policy of paying an interim dividend  equal to 30% of the prior […]

M&S – Decline In All Sectors Produces Rise of 2%

Marks & Spencer MKS CEO Steve Rowe comes out of his corner fighting  with claims that in the half year to the end of September, good progress has been made on the immediate burning issues which he faced a year ago, and that Marks is now a robust and profitable business. Only in Food are […]

ABF – Sugar And Primark Lead The Success

Associated British Foods ABF reports another highly successful year with a rise of 51% in profit before tax and 47% in earnings per share, including profits resulting from the sale of businesses. Without that bonus  and after growth of 6% in revenue for the year to the 16th September, the adjusted rises in profit before […]

easyJet Still Flying High

easyJet EZJ October passenger statistics showed a rise of 9.9% in passengers carried and load factor increased yet again to 92.5pp up by 2.3%. On a rolling 12 months basis the figures were 10% and 1.5pp. Ortac Resources OTC is to acquire an additional 33.82% of Casa Mining Ltd and will be making an offer […]

Quoted Micro 6 November 2017

NEX EXCHANGE Chapel Down Group (CDGP) says that the 2017 harvest was second best in the company’s history. There was a 10% volume increase on the previous year. The quality was also good. There had been fears for the harvest because of the frost in April but Chapel Down sources from a wide range of […]

The master of ‘big reveals’ – Moneyweek November 3rd 2017

The master of “big reveals” When The Shard skyscraper was unveiled to crowds in London with a mesmerising laser show in 2012, there was no one in the capital scurrying around faster than Anton Jerges, says Alex Lawson in the Evening Standard. The marketing entrepreneur had also arranged a VIP dinner a few miles away […]

Smith & Nephew Expects Full Year at Lower End Of Guidance

Smith & Nephew SN does not have much to say for itself in its third quarter update except that after a rise in revenue of only 3%, the outlook for the full year is that it will now be at the lower end of  guidance range. TP ICAP plc TCAP admits that it is not […]