Online fashion retailer Asos has turned to Marks & Spencer for again by hiring former finance director Ian Dyson.
Punch Taverns Plc
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Saturday 07 February 2009
Thursday 15 January 2009
Tuesday 30 December 2008
Yule Catto, the chemical group, is the latest UK company to scrap its dividend in the face of economic uncertainty and the need to conserve cash.
Tuesday 23 December 2008
Home Retail Group, the owner of the Homebase home improvement chain, slumped to the bottom of the Footsie last night as the retail sector turned lower amid growing concern about the impact of the flood of discounts on the high street.
Tuesday 02 December 2008
Punch Taverns closed down more than 15 per cent after it was suggested that a sharp fall in profits and the resulting covenant breaches might trigger a major restructuring that could leave the stock, worth 106.25p last night, trading at 10p.
Saturday 01 November 2008
In these bleak, uncertain times, some of the traditional rules that govern investment decisions should be unceremoniously tossed out of the window. What were once regarded as invaluable guidelines, such as dividend yields and price earnings ratios, are now often completely useless.
Thursday 23 October 2008
The pick 'n' mix retailer Woolworths has shaken up its management structure with a string of senior departures and new hiring, in an attempt to turn around its ailing retail operation under its newly appointed chief executive.
Wednesday 08 October 2008
Short-sellers barred from betting against financial services companies have instead stepped up their targeting of the UK's biggest pub companies and retailers as they try to cash in on the deteriorating consumer outlook.
Thursday 04 September 2008
Punch Taverns scrapped its final dividend yesterday "to conserve cash" in the face of ongoing economic uncertainty, putting stocks across the sector on the skids.
Monday 01 September 2008
Hays, the FTSE 250-listed recruitment group, is due to publish full-year results tomorrow. Following a positive fourth-quarter update last month, Panmure Gordon is anticipating evidence of a "solid" performance in the year to June, forecasting adjusted pre-tax profits of £237.9m. The broker has also pencilled in a full-year dividend of 5.9p, up from the 5p per share paid last year.
Monday 04 August 2008
The FTSE 100 was down 5.3 points at 5,349.4 at 11:51 am today.
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