After the Nvidelity comes the Huangover. Jensen Huang joins long list who confused boardroom and bedroom
Timing the first US rate hike: What traders need to know March 9, 2015 The Fed could well be about to end its policy of patience. The US economy’s ability to create astonishing numbers of jobs is showing little sign of changing. On Friday, the US Bureau of Labor Statistics (BLS) reported that total US non-farm payroll employment rose by 295,000 in February, exceeding expectations of 240,000. The US [...]
Urban Outfitters sales have risen at last, with earnings per share ahead of expectations March 9, 2015 Better late than never – Urban Outfitters sales increased in the fourth quarter after a series of quarterly declines. The figures During the three months to 31 January, Urban Outfitters comparable sales went up by six per cent – the first increase in 2014. The US fashion company, whose brands include Urban Outfitters, Free [...]
Everything you need to know about the Apple Watch: Share price, spec, features, UK release date and what the analysts say March 9, 2015 Apple chief executive Tim Cook has revealed details of the highly anticipated Apple Watch, including the price and release date. The tech giant's first wearable device will go on sale on 24 April with a starting price of $349 (£299). There will also be an 18 carat gold version priced at between $10,000 and $17,000 with more limited [...]
Apple boss Tim Cook to unveil smartwatch March 9, 2015 APPLE boss Tim Cook will today show off the Apple Watch – the firm’s much-awaited version the smartwatch. Almost all analysts have called 2015 the year of wearables and predict Apple will dominate the market. The tech giant will sell more Apple Watches than the rest of the market combined, according to Strategy Analytics, grabbing [...]
John Lewis Partnership poised to reduce bonus payout to staff March 9, 2015 THE JOHN Lewis Partnership will this week seek to cut its bonus pot for staff for a second year in a row after the supermarket price war took its toll on sales at its upmarket grocery chain Waitrose. Waitrose has grown sales and market share faster than its traditional supermarket rivals in recent years, thanks [...]
Britons splash out on holidays in February after confidence boost March 9, 2015 Consumer spending power hit a seven-month high in February as higher wage growth, falling inflation and lower petrol costs helped boost confidence. Britons spent 4.1 per cent more last month than at the same time a year earlier thanks to people spending more on travel and leisure activities around the February half-term, according to figures [...]
Small investors offered Prime London market March 9, 2015 A PROPERTY crowdfunding start-up that aims to make prime UK property accessible to retail investors has launched a £1m offer today for a luxury flat in south west London. Property Crowd’s chief executive Scott Trapnell co-founded the company with a private investor in 2013 after first coming up with the idea while studying for an [...]
Shoppers likely to be pausing after 2014 spree – London Report March 9, 2015 BRITISH Retail Consortium (BRC) retail sales figures for February are likely to show shoppers took a pause after a spending spree in the fourth quarter of last year. The figures, due out overnight tonight, are forecast to follow similar data from the Confederation of British Industry, which showed softer spending in February. The CBI data [...]
US investors braced for sign of rates hike – The week ahead on Wall St March 9, 2015 US STOCK investors may be bracing for further signs this week that the Federal Reserve could increase interest rates sooner rather than later, with retail sales expected to rebound after two straight months of declines. A pickup in retail sales could show consumers are benefiting from sharply lower oil prices, but analysts say spending in [...]
Apple Watch: How many smartwatches will Apple sell? This is what analysts are predicting March 8, 2015 The countdown is nearly over and in just a few hours time Tim Cook will be revealing all there is to know about the Apple Watch. Fresh from record-breaking numbers – from a valuation of $700bn, to selling an iPhone every nine seconds last quarter – can we expect more of the same from the [...]