Latest News for: Profits warnings

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Brexit costs clobber TK Maxx

The Times/The Sunday Times 05 Dec 2021
The warning comes in accounts just filed in the Companies Office which show that the retailer’s profits fell by 96 per cent in the year to the end of ...
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CBP seizes $30 million shipment of fake handbags and clothing ahead of holidays

Henry Herald 05 Dec 2021
"Counterfeit goods are a problem all year long, but the increased demand for gifts, household products, virtual learning tools, and even health products means that the holiday season is an especially busy time for crooks who are looking to make a profit by selling knock off goods to unsuspecting consumers," it warned.
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Thefts, always a problem for retailers, become more brazen

Las Vegas Sun 05 Dec 2021
Theft is an ever-present issue for retailers ... Best Buy warned last week that theft was lowering profit margins and said it was using QR codes for checkout in some areas so employees did not need to unlock items right away ... A big priority, they say, should be breaking up the criminal organizations directing and profiting the most from the thefts ... Tags.
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82 shopkeepers fined over profiteering

Urdu Point 04 Dec 2021
The price control magistrates Saturday imposed fine of Rs 98,000 on 82 shopkeepers on the charge of profiteering in the district during the past 24 ...
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MIDAS SHARE TIPS UPDATE: Irn-Bru maker AG Barr gaining strength

This is Money 04 Dec 2021
A profit warning sent the price tumbling, the pandemic compounded investor concerns and today shares in the Irn-Bru maker are just �5.20.� ... so sales and profits fell in the year to January 2021.�.
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Keep your chin up: Inflation to go down, promises Shaukat Tarin

The News International 04 Dec 2021
He said that some banks were also involved in jacking up forward booking for earning lofty profits on depreciation of exchange rate, and he had informed the Governor State Bank of Pakistan about it alongside data. He warned that those involved in earning lofty profits would have to bear losses by end of the day ... .
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High gas and coal prices keep renewable-energy rollout on track

Live Mint 04 Dec 2021
Higher energy prices are a worry for consumers and central bankers this winter, but they have the odd benefit. Case in point. fueling the renewable-energy revolution ... About 290 gigawatts of generating capacity is expected to be installed, up 3% on an exceptionally strong 2020 ... Turbine manufacturer Siemens Gamesa issued two profit warnings this year ... .
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Thefts, Always an Issue for Retailers, Become More Brazen

Standard-Speaker 04 Dec 2021
Theft is an ever-present issue for retailers ... Best Buy warned last week that theft was lowering profit margins and said it was using QR codes for checkout in some areas so employees did not need to unlock items right away ... A big priority, they say, should be breaking up the criminal organizations directing and profiting the most from the thefts ... ....
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Now US raider builds Taylor Wimpey stake: Activist investor Elliott targets £6bn construction giant after ...

The Daily Mail 04 Dec 2021
The world's most powerful activist investor has secretly bought a stake in Taylor Wimpey raising speculation that the FTSE100-listed housebuilder could become a £6billion takeover target ... On the radar ... This year, Elliott also bought a 5 per cent stake in AIM-listed Clinigen, a drugs distribution company that issued a profit warning over the summer ... .
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Community systems offer alternative paths for solar growth

Niagara Gazette 04 Dec 2021
MINNEAPOLIS — Strolling his church's rooftop among 630 solar panels, Bishop Richard Howell Jr ... They warn of disasters such as last winter's deadly blackout in Texas. “You've got lots of individual profit-motivated actors trying to make a buck,” said Brandon Hofmeister, a senior vice president with Consumers Energy ... GROWING PAINS ... A bill by State Rep ... .
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Allianz sets out plan to generate €12bn of excess capital

The Irish Times 03 Dec 2021
Europe’s biggest insurer Allianz has set out a series of measures intended to generate €12 billion of excess capital as it seeks to reverse a fall in its share price after a profit warning in August ... Allianz announced tougher profit targets for the next three years, including ...
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£1bn takeover talks for pharmaceutical group

The Business Desk 03 Dec 2021
Register ... Despite the jump in the share price, which closed at 741p, it is still some way below its year-high of 892p – before it issued a profit warning in the summer – or its levels in the weeks before the first lockdown when it traded close to 1000p ... Related Articles ... Previous Article. Next Article. .
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Omicron Cure: GlaxoSmithKline says early data shows its Covid antibody drug effective against new variant

International Business Times 03 Dec 2021
British drugmaker GlaxoSmithKline has claimed that early laboratory tests show that its antibody drug against Covid-19 is effective against the new super mutant Omicron variant ... Also Read ... The Healing Power of Healthcare Tech ... GlaxoSmithKline Pharma net profit surges 76% in Q3 ... WHO warns India, Japan, Malaysia, Singapore and other Asia-Pacific nations.
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Private equity in £1bn swoop on drugs firm: AIM-listed Clinigen soars

This is Money 02 Dec 2021
The firm – founded by industry veteran Andrew Leaver in 2007 – has been seen as vulnerable since it issued a shock profit warning in ...
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Kellogg reaches tentative deal with union after 2 months of strike

Reuters 02 Dec 2021
Register ... Employees at Kellogg's cereal plants including Michigan, Nebraska, Pennsylvania and Tennessee went on strike on Oct ... read more ... During lengthy negotiations with union members, Kellogg had hired permanent replacements for some of its plant workers on strike, and also warned of a dent to its annual profit due to the disruption. read more.
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