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6:55pm
5:19pm
Greggs to propose alternative to VAT move
Ken McMeikan, chief executive, to make formal response to Treasury
From
LEX
8:03pm
JC Penney: underwhelming overhaul
Switch from constantly changing promotions appears to have overlooked a fondness for disorder
TRAVEL & LEISURE
6:07pm
Dalglish contract terminated by FSG
Liverpool’s poor league form and race row force owners’ hands
From
LEX
5:29pm
Richemont: glittering prizes
With emerging market demand driving sales, the challenge is to maintain high earnings momentum
From
LUXURY 360
4:14pm
Asia and the Americas boost Richemont
Luxury goods group issues outlook of ‘cautious optimism’
- Lex Richemont
- Video Luxury doing nicely
RETAIL
2:54pm
Target sales increase beats expectations
Retailer’s earnings rise despite cost of Canada expansion
From
UK
11:25pm
‘Fat tax’ proposed to cut obesity
Minimum 20% levy on unhealthy food necessary to tackle problem
FOOD & BEVERAGE
11:16pm
Activist investor makes move on PepsiCo
Relational to push on spin-off of US beverages
From
MARKETS
May 15, 2012
US retail credit defaults drop to 2008 levels
Delinquency rates ease as lenders tighten standards
From
LEX
May 15, 2012
Coty / Avon: slap dash
End of limp bid for cosmetics seller raises the question of which company made itself look worse
RETAIL
May 15, 2012
Tesco to slash bonuses after poor results
Payouts for 5,000 managers face being cut to 17% of maximum
May 15, 2012
Greek coins boost Noble Investments
Coin dealer’s results supported by $25m auction of ancient Greek currency
From
MARKETS
May 15, 2012
Corn and soya battle for US acreage
Jump in soyabean prices may prompt switch to the oilseed
From
UK
May 15, 2012
Food sector accused over migrant workers
Study highlights exploitation and poor working conditions
From
FINANCIALS
May 14, 2012
Herbalife faces rising Einhorn pressure
Fund chief tipped to renew his focus on company
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Tobacco companies versus the plain truth
The state has the right to regulate smoking