|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||13.70 - 13.70|
|52-week range||13.70 - 13.70|
|PE ratio (TTM)||N/A|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
Walt Disney Co shareholders rejected an executive compensation plan that could reward Chief (Taiwan OTC: 3345.TWO - news) Executive Officer Bob Iger with up to $48.5 million a year over four years plus an equity grant worth about $100 million, in a non-binding vote on Thursday. The total compensation is tied to the closing of Disney's planned $52.4 billion acquisition of film and TV assets from Twenty-First Century Fox and meeting performance targets.
Ryanair has cut the price of a course for new pilots to fly its 737 planes, the Irish budget airline's operations chief said on Wednesday, as it tries to avoid more staffing problems. Ryanair was forced to cancel thousands of flights last year as it did not have enough standby pilots to ensure the smooth running of its schedule. While Ryanair has denied there was a pilot shortage, chief operations officer Peter Bellew told reporters the move would help Ryanair grow without fresh problems.
Bank of England policymaker Gertjan Vlieghe said a further rise in British interest rates was likely to be needed if the global economic recovery and a pick-up in wages continued to offset headwinds from Brexit. The BoE last week surprised investors when it said interest rates would probably need to rise sooner and by slightly more than it had previously signalled. Vlieghe said November's rate hike by the BoE (Shenzhen: 000725.SZ - news) - its first in more than a decade - was not intended as a one-off reversal of the emergency rate cut made in August 2016 after the Brexit vote, and further increases were likely.
Shares (Berlin: DI6.BE - news) in telecoms group TalkTalk have fallen sharply after it issued a profit warning and set out plans to roll out full fibre broadband to three million homes and businesses via a joint venture. Revenues for the group – whose rivals include Sky (Frankfurt: 893517 - news) , the owner of Sky News, as well as BT and Virgin Media – were up 1% to £388m. It has now agreed with Infracapital – infrastructure investment arm of M&G Prudential – to create an independent company to build a full fibre network to more than three million homes and businesses in mid-sized towns and cities in Britain.
Manchester United (NYSE: MANU - news) have posted a half-year loss, blaming an overhaul of the US tax system by Donald Trump. The reforms by the US President saw the corporate tax rate cut from 35% to 21% late last year and the changes forced the American-owned club to make an accounting write-off of £48.8m. This left the team, which is controlled by the Glazer family and listed on the New York Stock Exchange, with a loss of £12.87m in the first half of the financial year.
The promise of double-digit premium growth took the edge off a fall in annual profits at Lloyd's of London insurer Beazley (LSE: BEZ.L - news) , sending its shares up by more than 6 percent on Thursday. 31. Gross written premiums rose 7 percent to $2.34 billion. Insurance industry premiums, pressured by tough competition, are now rising after the industry faced record bills from hurricanes, earthquakes and wildfire of over $135 billion last year.
Recovering demand for holidays to Turkey will help offset the impact of rising costs in Spain, British travel company Thomas Cook (Frankfurt: A0MR3W - news) said on Thursday, leaving it on course to meet annual profit forecasts. Turkey is the "standout" destination for this summer, Chief (Taiwan OTC: 3345.TWO - news) Executive Peter Fankhauser said on Thursday, as demand for holidays there returns after two years of tourists staying away over security concerns.
World stock markets nosedived for a fourth day running on Tuesday, having seen nerves about higher interest rates and overcooked valuations wipe $4 trillion off what just eight days ago had been record highs. Europe's main bourses were down around 2.5 percent and Wall Street futures pointed to more losses too as "fear gauges" of market volatility leapt to their highest level since a surprise devaluation of China's currency in 2015. The flashing warning signs left investors with little option but to seek traditional refuges such as gold and the dollar.
Domino's Pizza has raised its annual profit forecast following a stronger rise in sales than it had expected during its fourth quarter. The pizza delivery chain said new store openings in the UK and slightly weaker investment than had been planned helped offset the impact of discounting in the 13 weeks to 31 December. Domino's, which also operates in six other European nations but largely focuses on the UK, reported a record 95 new store openings over the year in its home market.
Online fashion retailer Asos (LSE: ASC.L - news) has emerged as a Christmas retail winner as UK sales grew by nearly a quarter despite a "challenging market". Shares (Berlin: DI6.BE - news) in the UK-based group rose 3% after the update underlined the advantage of internet-only players over traditional rivals with large numbers of bricks-and-mortar stores - many of which had a tough festive season. Asos said total group sales were up 30% to £790m for the four months to the end of December, while the UK saw a 23% increase to £301m.
Insurers are expected to pay out £31m to suppliers hit by the collapse of construction and outsourcing giant Carillion (Frankfurt: 924047 - news) . The figure from the Association of British Insurers (ABI) relates to claims on trade credit policies, which cover firms against the risk of not being paid for goods or services that they provide following a company going bust, or political upheaval. Carillion, which ran a host of public services as well as building roads and hospitals, went into liquidation last week under the weight of at least £2.2bn in debt and pension liabilities.
Carpetright (Other OTC: CGHXF - news) has become the latest UK retailer to issue a post-Christmas profit warning, its second in as many months, blaming a "sharp deterioration" in trade. Carpetright reported a like-for-like sales decline of 3.6% in the 11 weeks to 13 January - adding that transaction numbers were down "significantly" with core flooring sales down 7.1% since Christmas on the same basis. Carpetright issued its statement following a festive season that has seen mixed fortunes for many big names .
A start-up airline in the United (Shenzhen: 000925.SZ - news) States has offered a 25 percent stake to Qatar Airways, Chief (Taiwan OTC: 3345.TWO - news) Executive Akbar al-Baker said on Wednesday, giving the Gulf carrier a second chance to buy into a U.S. airline. Qatar Airways tried to buy up to 10 percent of listed American Airlines (Frankfurt: A1W97M - news) last year, but changed its mind in August after opposition from the U.S. carrier's management.
Rio Tinto Plc (LSE: RIO.L - news) on Tuesday said a U.S. regulator's lawsuit accusing the big Anglo-Australian mining company of fraud for overstating the value of Mozambique coal assets it had bought in 2011 should be dismissed. In a letter filed with the U.S. District Court in Manhattan, a lawyer for Rio Tinto (Hanover: CRA1.HA - news) said the U.S. Securities and Exchange Commission failed to plead that the company intended to commit fraud or made false statements related to asset values. Similar letters were also filed by lawyers for former Chief (Taiwan OTC: 3345.TWO - news) Executive Officer Thomas Albanese and former Chief Financial Officer Guy Elliott, who were also targets of the SEC (Shanghai: 603988.SS - news) 's civil fraud lawsuit filed last Oct (Shenzhen: 000069.SZ - news) .
British builder Bovis, undergoing a turnaround after seeing off two failed takeover bids last year following a profit warning, said it was on track to deliver a significant increase in profit in 2018. ...
Tesco (Frankfurt: 852647 - news) reported lower than expected sales over Christmas with a strong performance in groceries held back by weaker trading in general goods such bas DVDs and games. Britain's biggest supermarket said like-for-like sales were up 1.9% in the six-week period to 6 January, with food up 3.4%, but that general merchandise dragged on the overall performance - though clothing was up. Tesco also took a significant hit from lost tobacco sales after the collapse of wholesaler Palmer & Harvey in November put an extra strain on its distribution network.
Shares (Berlin: DI6.BE - news) of British greeting cards retailer Card Factory (Frankfurt: A114CM - news) were on track for their worst single day since listing after predicting lower core earnings for 2017 on tighter margins. The retailer, which went public in 2014, said it expects underlying EBITDA for the year ended Dec (Shanghai: 600875.SS - news) . The retailer, which sells most of its products for under a pound, said like-for-like sales in the Christmas trading period were driven by lower margin non-card categories, such as gifts and dressings.
Aldi says it is to raise its minimum wage levels following a record Christmas in the UK. The German discounter, which is the fifth-biggest supermarket in Britain, reported sales growth of 15% in December compared with the previous year - with total annual sales in the UK and Ireland (Other OTC: IRLD - news) hitting £10bn for the first time in 2017. In the first Christmas trading update in the sector, Aldi reported particularly strong demand for its "specially selected" premium range.
JOHANNESBURG/FRANKFURT, Jan 4 (Reuters) - Steinhoff's finance chief stepped down from the role on Thursday to focus on helping the South African retailer plug a 2.4 billion euro ($2.9 billion) hole in its finances after an accounting scandal. The owner of more than 40 multinational retail brands including Conforama, Mattress Firm (NasdaqGS: MFRM - news) and Poundland, revealed the "accounting irregularity" last month along with the immediate departure of its chief executive. "While the Group has achieved some degree of stabilisation in its operating businesses, significant near-term liquidity is still required in certain of the business units," Steinhoff said on Thursday.
Kaspersky Lab, Russia's leading antivirus software development company, is asking a federal court to overturn a ban on its products being used by US agencies
Dixons Carphone (Frankfurt: CWB.F - news) is planning to scale back its mobile phone operations after a half-year profits collapse. Pre (Shanghai: 600048.SS - news) -tax profits tumbled by 60% to £61m for the 26 weeks to 28 October, down from £154m for the same period a year ago. The firm had warned of a tough mobile phone market earlier this year.
Rail companies are allowing passengers to buy tickets for services that will not be running over the Christmas break, according to new research. Transport Focus has found that travellers are also being offered fares for journeys that will be disrupted by engineering works - and, in some cases, are being denied the chance to buy cheap tickets. By 13 October - 11 weeks before Christmas - reservations had still not opened for Great Western, London Midland, South Western Railway and Southern services.
Rolls-Royce has created a data unit, named R2 Data Labs, that uses analytics, artificial intelligence and machine learning to improve efficiency across its civil and defence aerospace, marine, nuclear ...
LONDON, Dec (Shanghai: 600875.SS - news) 4 (Reuters) - British car dealership Pendragon is to sell its U.S Motor Group business after concluding a strategic review following a profit warning, it said on Monday. Pendragon (LSE: PDG.L - news) also said it had completed a review of capital allocation for premium brands within its UK new car business and concluded that franchise locations will be reduced over a three year period. The group said its used car business would remain its focus for growth.
Shares (Berlin: DI6.BE - news) in online retailer Ocado have surged by more than 20% after it announced a tie-up with French supermarket owner Groupe Casino. The group is to use the British FTSE 250 company's e-commerce platform to develop its online business, starting with its Monoprix brand. A partnership with an international retailer is seen by analysts as key to Ocado's growth prospects, and it said that it expected the deal to create "significant long-term value to the business".