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M&S staff mutiny over cuts to...
Sir Stuart Rose has tackled Jeremy Paxman on pants and confronted the biggest
institutional investors in the City, yet the Marks & Spencer executive
chairman is facing his...
M&S aims to cut maximum...
Retail giant Marks & Spencer today confirmed plans to cut back redundancy benefits for its 70,000 UK staff.
Woolworths may plunge into a retail...
If Steve Johnson wondered what he had let himself in for by agreeing to be the
new chief executive of Woolworths, it was laid bare yesterday. According to
one City analyst, he...
Renault's Symbol Of Change
Its new emerging-markets sedan could steal a march on Fiat's Linea model.
Boral profit slumps on US downturn
Boral reports a 19% fall in full year profit, due to a sharp slowdown in US home-building, and warns of further challenges ahead.
Marks & Spencer proposal to cut...
Graphic:
Marks &
Spencer redundancy terms trashed
M&S staff mutiny over cuts to redundancy plan
August 20, 2008
Sir Stuart Rose has tackled Jeremy Paxman on pants and confronted the biggest
institutional investors in the City, yet the Marks & Spencer executive
chairman is facing his biggest test of the year - a mutiny among his own
workforce.
Here comes the wave of profit warnings
IT is not just Bradford & Bingley, the mortgage bank, that is going to have to issue a profit warning. Just about every quoted company that has benefited from the last property boom — from housebuilders and estate agents to financial services and developers — is seeing profits go into freefall.
Woolworths shares crash to seven-year low after profit warning
Shares in Woolworths crashed this morning to a seven-year low after the retailer issued a profit warning, saying that sales declined in the first half.
Sharp rise in UK profit warnings
The number of profit warnings issued between April and the end of June rises 11% to the highest level since 2001.
M&S profit warning leaves retail...
Marks & Spencer sent shockwaves through the retail sector yesterday when it unveiled a profit warning and parted company with the head of its food business.
UBS Likely to Issue Profit Warning
UBS is expected to issue a profit warning amid continued deterioration in the mortgage-backed-securities market.
UBS Likely to Issue Profit Warning
UBS is expected to issue a profit warning amid continued deterioration in the mortgage-backed-securities market.
Sony Ericsson issues second profit...
Although Sony Ericsson just churned out a rather impressive array of new handsets this month, it seems the outfit is still having trouble securing record-setting profits....
Merrill shares fall on rumors of...
Reuters - Merrill Lynch & Co shares fell
5.5 percent Friday on rumors that the investment bank may issue
a profit warning and take additional write-downs on its
mortgage...
Boss of B&B quits with heart problem...
Bradford & Bingley shares were set to plunge this morning after the company revealed the shock departure of its chief executive and an expected profit warning.
Bradford & Bingley to issue profit...
BRITAIN’s biggest lender of buy-to-let mortgages, Bradford &
Bingley, which is in the middle of a rights-issue roadshow, will stun the
City this week with a profit warning...
British Airways boss Willie Walsh...
The pressure on Willie Walsh, chief executive of British Airways, is set to
intensify as he announces a further profit warning today and faces a pilots’
strike within ten...
Bovis sets out new profit warning
The housebuilder Bovis Homes has issued another profit warning, as credit for borrowers remains tight.