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Thu 11 Mar 2010
Staff at employee-owned department store operator John Lewis are to share in a £151m bonus pot after the company reported a sharp rise in profits.
The bonus will be shared among 70,000 staff who will receive 15% of their annual salary.
Pre-tax profits at John Lewis, which also owns the Waitrose supermarket chain, climbed to £307m in the year to January 30, up by 9.7% from the same period a year ago.
However John Lewis, which is a partnership comprising all of its permanent staff, warned that trading would be difficult in 2010, particularly in the second half.
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Thu 11 Mar 2010
HSBC has admitted that data on about 15,000 customers with accounts in Switzerland has been stolen by a former information-technology employee.
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Thu 11 Mar 2010
Oil giant BP has beefed up its exploration operations with the acquisition of assets in Brazil, Azerbaijan and the Gulf of Mexico for $7bn.
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Thu 11 Mar 2010
The Footsie has drifted into the red, weighed down by the weakness of mining stocks.
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Market Buzz |
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Thu 11 Mar 2010
1255: The FTSE 100 has drifted further into the red with little in the way of company news to move shares. In the FTSE 250, shares in Computacenter have fallen back after the IT infrastructure services provider reported a better...
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Thu 11 Mar 2010
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Company News |
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Thu 11 Mar 2010
Patience is a virtue, points out Morgan Stanley as it keeps its ‘overweight’ rating and 1,500p target price on oil explorer Tullow.
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Thu 11 Mar 2010
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Week Ahead |
Thursday 11 Mar Finals AFC Energy, Arbuthnot Banking Group, Charlemagne Capital, Cineworld Group, Clarkson, CLS Holdings, Computacenter, Dignity, Dolphin Capital Investors, Enfis, Flying Brands, Global Energy Development, Grupo Clarin S.A. GDR (Reg S), Johnston Press, Morrison (Wm) Supermarkets, NB Private Equity Partners Ltd, Nestor Healthcare, Newcastle 12 5/8% Perm Int Bearing Shs #1000, Old Mutual, Omega Insurance Holdings, Tikit AGMs Jupiter Second Split Trust Geared Shares, Sanderson Group, Avesco Group 
Friday 12 Mar Finals Aga Rangemaster Group, Climate Exchange, Independent Media Distribution, Mercator Gold AGMs Sk Telecom ADS, Banco Bilbao Vizcaya Argentaria SA, KT Corp. ADR, Hyundai Motor Company GDR (Reg S), Throgmorton Trust 
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