Mulberry Profits Rebound With New Strategy
Mulberry CEO Thierry Andretta said the company had made “significant progress”. Mulberry Group plc., said Thursday that its annual pre-tax profits in the year up to March 31 increased from 1.9 million pounds to 6.2 million pounds with sales increasing by 5 percent up to 155.9 million pounds. Its full-year profits were up and total retail More...
Bats Europe Launches New Indices To Compete With FTSE Indices
The indices will be in real-time competing with the stock exchange’s 15 minute delay. Bats Europe, the largest regional stock exchange, today launched a set of real-time market indices that is free to retail More...
Morgan Stanley To Pay $1 Million SEC Fine After Customer Data Stolen
Morgan Stanley was found to have inadequate written policies to protect consumer data. Morgan Stanley has agreed to pay $1 million to settle charges for failing to protect consumer data, after some customers had More...
Abercrombie & Fitch Closes 15% Down After Poor Quarterly Results
Abercrombie has seen 13 continuous quarters of decline. Abercrombie and Fitch Co. (NYSE:ANF), the Albany-based apparel retailer saw its shares plunge as low as 12% in pre-market trading, then 14% in early trading More...
Ryanair Boosts Profits By 43% With “Significant Traffic Growth”
Over the period of 6 months shares in Ryanair have dropped by 7%. Ryanair (LON:RYA) on Monday released its full year update to investors and analysts in which it posted a 43% increase in full year profits. During More...
Lonmin Plc Says Cost Savings “Well Ahead Of Schedule”
Lonmin undertook a rights issue in December 2015 to raise capital due to falling platinum prices. On Monday, Lonmin Plc (LON:LMI), one of the world’s largest primary platinum producers, released its Interim More...