Asia chief is new top banana at Wal-Mart July 24, 2014 Wal-Mart Stores has replaced its US head Bill Simon with Asia chief Greg Foran (pictured) as it seeks to restore the fortunes of its largest business after a year of sluggish sales. A 35-year retail veteran who started out as a teenager stocking shelves, Foran is being moved to the US just two months after [...]
Best of the Brokers for 25 July 2014 July 24, 2014 To appear in Best of the Brokers, email your research to notes@cityam.com KAZAKHMYS Deutsche Bank has upped to “hold” from “sell”, also raising the target price to 310p from 201p. The broker believes the planned disposal of its mature assets will create significant value for the group, and will lead to a higher margin, higher [...]
London Report: Reed rise offsets Kingfisher crash as FTSE ends up July 24, 2014 THE FTSE yesterday rose, as gains at media company Reed Elsevier helped offset a slump in home improvements retailer Kingfisher. Britain’s main index closed up 0.3 per cent, or 23.31 points, at 6,821.46. Anglo-Dutch publisher Reed Elsevier climbed 4.37 per cent to 980p, after reporting first-half earnings that beat market expectations. British Airways and Iberia [...]
New York Report: Quiet day for Wall Street but S&P hits record July 24, 2014 WALL Street yesterday ended a quiet session as earnings painted a mixed picture of the economy, though the S&P 500 set another record high. The Dow Jones industrial average dipped 2.83 points or 0.02 per cent, to end at 17,083.80. The S&P 500 gained 0.97 of a point or 0.05 per cent to 1,987.98. The [...]
Authenticity is the secret of all strong leaders July 24, 2014 Authenticity is crucial for leaders. If you don’t believe what you’re saying, you won’t convince anyone. Worse, people may see your lack of conviction, realise the falsity of your words and mistrust your motives. When trust goes, cynicism sets in – it’s incredibly difficult to influence cynical people, or people who are sceptical about your [...]
England toast double gold for Brownlee and Stimpson July 24, 2014 OLYMPIC champion Alistair Brownlee added the Commonwealth title to his extensive list of accolades as England won double triathlon gold on the opening day of the Games. World No2 Jodie Stimpson scooped the women’s title and the first gold of Glasgow 2014, and a trio of judo successes followed in the evening. The elder Brownlee [...]
Flower back in coaching role July 24, 2014 FORMER England cricket coach Andy Flower will take charge of the Lions in next month’s limited-overs triangular series against New Zealand A and Sri Lanka A. Flower was appointed England’s technical director of elite coaching after his resignation following the disastrous winter Ashes tour and is expected to play a key role in developing players. [...]
Nibali close to first Tour title July 24, 2014 ITALY’S Vincenzo Nibali won the summit finish at Hautacam to claim victory in stage 18 and all but seal his first Tour de France crown. It was a fourth stage victory for the Astana rider with Nibali now a commanding seven minutes and 10 seconds clear of second-placed Frenchman Thibaut Pinot in the overall Tour [...]
India ready to pile pressure on wilting England July 24, 2014 AN ALL too familiar batting collapse after lunch at Lord’s on Monday leaves England 1-0 down in the five-match series with India. The tourists’ 95-run victory was a brutal blow for the hosts’ dissipating confidence at a time when the elements all played into England’s favour. Unibet have India as short as 4/6 to take [...]
Glorious Goodwood July 24, 2014 TUESDAY 29 JULY – SATURDAY 2 AUGUST GLORIOUS Goodwood is one of the highlights of the racing calendar and there is just one jockey who punters have come to adore at the Sussex course: Richard Hughes. Last year Hughes rode nine Glorious Goodwood winners – the second time he has achieved that feat in the [...]
