Joining Juliette Foster for the latest market headlines was Nigel Cassidy, and it's been a busy morning of company announcements, especially in the retail sector. We've heard from Tesco, WH Smith, and Dunelm. And BHP Biliton are another company who has reported this morning.
United Airlines has had a PR disaster after it removed a passenger from an overbooked plane, with Twitter and Facebook users saying staff were heavyhanded. So what kind of damage do these social media reactions cause companies? And can they control the fire of internet user anger? Matt Cox spoke to Dan Appleby, Head of Client Services at social media marketing agency Drummond Central.
In the past month, only 83 US companies have published profit guidance, according to Bloomberg. However, banks including JPMorgan Chase & Co. and Citigroup Inc. are set to release results next week. But why is this season seen as significant for investors? James Brydges has been hearing from Colin Cieszynski, chief market strategist at CMC Markets.
Honest Coffees researched data from the 20 most populated cities in the UK to find out which ones were more coffee-friendly and which were more pub orientated. Cardiff came out on top with the highest ratio of coffee shops to pubs, 46 per cent of its drinking establishments are coffee shops. London and Belfast followed close behind. There are currently around 53,000 pubs in the UK
Tesco has reported an annual profit of £1.28bn, before exceptional items. That was a little more than analysts had been expecting. Like for like sales were just below 1%, the first full-year increase in UK like for like sales in seven years. But a record payment related to its historic accounting scandal dragged down final earnings number.
Now you may have seen that the top singer of our times Ed Sheeran's settled a 16-million pound copyright claim over his hit Photograph. An agreement's been reached out of court. The song photograph was just a simple ballad inspired by taking a picture of his beloved. But Ed Sheeran may be regretting ever picking up that camera,
Toshiba has filed its delayed financial results, warning that the company's survival is at risk. "There are material events and conditions that raise substantial doubt about the company's ability to continue as a going concern," the company said in a statement. The electronics-to-construction giant reported a loss of 532bn yen (£3.8bn; $4.8bn) for April to December.
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