AO World share price jumps as revenues rise on Black Friday bonanza

first_img Show Comments ▼ whatsapp The figuresIt was less a case of “Black Friday”, more a case of “white goods Friday” for recently-listed AO World. Shares in the online washing machine/fridge/dishwasher retailer rose more than five per cent in early trading this morning, after it reported third quarter revenues from its website were up 38 per cent in the three months to the end of December, in part thanks to the discounting bonanza that is the US post-holiday retail frenzy. For the first time this year, customers lapped up Black Friday deals as retailers engaged in heavy discounting. According to AO World, total revenue (which excludes its German arm) rose 26 per cent. Sales of “audio visual categories” – ie. TVs – “built well” during the period, it said, adding that “we were particularly pleased with performance in the run-up to Christmas”.Why it’s interestingAll eyes have been on AO World since it was floated at the peak of IPO frenzy, in February last year. Even its bankers eventually admitted its flotation, at 72 times forecast underlying profits, was “punchy”.Having fallen to a low of 154p in October, shares in the retailer only rebounded to the 285p at which they floated last month. However, analysts have generally been positive, maintaining that the company is in a strong position (just not “72 times underlying profits” strong).Today AO World confirmed that, pointing out that it’s outlook for the full year remains unchanged.What AO World saidOperationally we managed very well over the peak trading period, maintaining our industry-leading website response times, service levels and logistics performance, in spite of large spikes in volume, particularly on “Black Friday”. As a result, customer satisfaction levels remained high, reflecting our market leading proposition.In shortThe company may be closely watched because of its “punchy” IPO, but trading is reasonably strong.  whatsapp Monday 12 January 2015 2:50 am center_img Emma Haslett Share AO World share price jumps as revenues rise on Black Friday bonanza Tags: AO World Black Friday 2016 Companylast_img read more

Mark your calendar for Financial Planning Week

first_img Related news Leah Golob FPSC recognizes outstanding achievements Keywords Financial Planning WeekCompanies Financial Planning Standards Council November is Financial Literacy Month Facebook LinkedIn Twitter Share this article and your comments with peers on social media Sousa is expected to speak on the government’s response to the Final Report of the Ontario Expert Committee to Consider Financial Advisory and Financial Planning Policy Alternatives, the FPSC says in a statement. Created by the FPSC and the Institut québécois de planification financière (IQPF) in 2009, Financial Planning Week is dedicated to raising awareness of the importance and benefits of financial planning with a qualified professional, encouraging Canadians to take control of their future and achieve their goals through sound financial planning, and ensuring Canadians are armed with the information they need to find the right financial planning professional. “Recent research commissioned by the FPSC found that Canadians feel they don’t have their financial future under control and are overwhelmed with their financial options,” says FPSC president and CEO Cary List, in a statement. “During Financial Planning Week, we educate consumers on the benefits of receiving professional advice and encourage them to take control of their finances by enlisting the help of a CFP professional.” The FPSC will be hosting events in both Toronto and Vancouver to promote networking and professional skills development. More information regarding Financial Planning Week is available at FinancialPlanningWeek.ca. Photo copyright: jirsak/123RF FPSC announces Financial Planning Week schedule of events Ontario Minister of Finance Charles Sousa will deliver the keynote address for the Financial Planning Standards Council’ s (FPSC) Celebration of the Profession reception during the 9th annual Financial Planning Week, which runs from Nov. 19 to 25, the FPSC has announced. last_img read more

Interested parties encouraged to share views with task force examining effects of pharmaceutical mergers

first_imgInterested parties encouraged to share views with task force examining effects of pharmaceutical mergers From: Competition Bureau CanadaThrough its participation in the Multilateral Pharmaceutical Merger Task Force, the Competition Bureau, with its counterparts in the U.S., the European Union and the U.K., is reviewing its approach to the analysis of pharmaceutical mergers.May 11, 2021 – GATINEAU, QC – Competition BureauThrough its participation in the Multilateral Pharmaceutical Merger Task Force, the Competition Bureau, with its counterparts in the U.S., the European Union and the U.K., is reviewing its approach to the analysis of pharmaceutical mergers.The task force is seeking input from stakeholders to inform its review of a variety of issues related to mergers in the pharmaceutical industry, including potential new or refreshed theories of harm, the evaluation of the effects of a merger on innovation and potential remedies to resolve competition concerns.The task force encourages stakeholders, including health policy experts, economists, attorneys, scientists, health care practitioners, academics, and consumers to share ideas that will lead to the development of future enforcement and policy efforts.The U.S. Federal Trade Commission, will collect submissions on behalf of the task force. Interested parties can review the consultation questions and provide written comments to the U.S. FTC by following the instructions in its public request for comment. /Public Release. This material comes from the originating organization and may be of a point-in-time nature, edited for clarity, style and length. View in full here. Why?Well, unlike many news organisations, we have no sponsors, no corporate or ideological interests. We don’t put up a paywall – we believe in free access to information of public interest. Media ownership in Australia is one of the most concentrated in the world (Learn more). Since the trend of consolidation is and has historically been upward, fewer and fewer individuals or organizations control increasing shares of the mass media in our country. According to independent assessment, about 98% of the media sector is held by three conglomerates. This tendency is not only totally unacceptable, but also to a degree frightening). Learn more hereWe endeavour to provide the community with real-time access to true unfiltered news firsthand from primary sources. It is a bumpy road with all sorties of difficulties. We can only achieve this goal together. Our website is open to any citizen journalists and organizations who want to contribute, publish high-quality insights or send media releases to improve public access to impartial information. You and we have the right to know, learn, read, hear what and how we deem appropriate.Your support is greatly appreciated. All donations are kept completely private and confidential.Thank you in advance!Tags:Canada, Commission, Europe, european, European Union, Federal, Force, future, Government, industry, innovation, Scientists, tradelast_img read more

Afternoon Brief, August 9

first_img TAGSAgustin Huneeus Jr.Berlin PackagingBurgDirect.comE. & G. GalloEl Camino Homeless OrganizationEuro-Machines Inc. Multi-Color CorporationFrancis Ford Coppola WineryFraudstersFree Flow WinesGrace Family VineyardsJUSTIN Vineyards & WineryLaffort USALarkmead WineryMarylandMaryland Wineries Associationmike dunneNapa ValeyNaylor WineryOregonPaso RoblesPetaluma’s GapSymington Family EstatesUC DavisWally’sWashingtonWeird Wine Email Subscribe to the Afternoon BriefAdvertisement Pinterest Share Facebook Trending Story:The Wine Mavericks That Heralded a New Generation at U.C. DavisRecently, I had dinner with my partners uncle, Dan Baron, and he opened a bottle from his new label, Complant. Vinified in Napa, California, from fruit cultivated in the Santa Lucia Highlands of Monterey County, that Pinot Noir was one of the brightest, most lithe California wines I’ve tried …Today’s News:Grace Family Vineyards SoldGrace Family Vineyards, a Napa Valley winery known for producing some of Napa Valleys first cult wines, has been sold. Ann and Dick Grace, founders of Grace Family Vineyards and well-known philanthropists, have sold their St. Helena-area property after 40 vintages …Organic Wine Forecasted to Reach 87.5M Cases Globally by 2022Though organic wines represent a small subset of the total global still wine industry, new research from IWSR Drinks Market Analysis shows a rapid increase in the coming years as consumer sentiment for sustainability and organic products grows …US Threatens $11BN Tariffs on EU Goods Including Wine and CheeseThe USTR has released a list of products including wine, cheese, aircraft, motorbikes and olive oil which will be affected by the proposed tariffs. It cites evidence put forward by the World Trade Organisation (WTO) which found that EU subsidies to Airbus have caused adverse effects to the United States …RNDC-Breakthru Deal: FTC Raised Concerns About “Anticompetitive Harm,” but Didn’t Respond to Concessions OfferedWine Game Changes on Red MountainPetaluma Gap’s Battle of the Sexes Takes to the AirwavesWashington Boasts Second Largest Wine Grape HaulPhylloxera Outbreak Simulation Drives Biosecurity Best PracticeOregon Wineries Quarrel Over ‘Purity’Proposed Federal Alcohol Labeling Revisions Retain Constitutionally Suspect Review StandardsPaso Robles Master Class to Be Led by Joe Spellman, MSMaryland Wineries Association Unveils Weird Wine: A Celebration of Maryland Wineries’ Most Unique CreationsHow Wally’s in Los Angeles Transformed from Retailer to Luxury HybridSangiovese Throws a Strange Quercetin DepositBlogs:Anatomy of the Rising Import Threat to U.S. WineOn Wine Marketing – Be the Winery That Champions Your AVAMillennials Are Sick of DrinkingA Sweet Wine Revelation That May Prove BitterWorst Wine Marketing SlogansWineIndustry.Jobs:Business Development Account ManagerFree Flow Wines – Sonoma, CA, USAAssistant Vineyard ManagerRecruiting Associates Network – Sebastopol, CA, USAGeneral ManagerMitroff Consulting & Associates – Santa Rosa, CA, USAMore Wine Industry Jobs…Feature Your Job Listing in the Afternoon BriefPeople:Columnist Mike Dunne’s Takes on Great Wines He’s SampledNapa Valley Vintner Agustin Huneeus Jr. to Plead Guilty in Nationwide College Admissions CaseLaffort USA Names Cayla Dee Porter as Nobile Business Development ManagerFraudsters Involved in £1M Wine Scam Jailed for 17 YearsWashington Wine PioneerSupplier News:Old Burgundy Meets New Technology – BurgDirect.comBerlin Packaging Continues European Expansion with Acquisition of Verrerie Calvet in FranceEuro-Machines, Inc. Announces New Location in Donald, OregonWhat Is AR and NFC Technology?More Supplier News …Vineyard & Winery:Symington Family Estates Announce First Consecutive Vintage Port Declaration in Family HistoryNaylor Winery, Vineyard Purchased by York County Neighbor AllegroEl Camino Homeless Organization (ECHO) Receives $5,000 Community Grant from Justin Vineyards & WineryLarkmead Winery of Napa Valley Balances Brawn with ComplexityThe Latest Chapter in the Napa Valley’s Franciscan Wine Saga: Sale to E. & J. Gallo Linkedincenter_img Twitter Home Afternoon Brief Afternoon Brief, August 9Afternoon BriefAfternoon Brief, August 9By Editor – April 9, 2019 135 0 Advertisement Previous articleFIVS and Oenoppia Lay a Foundation for Better Producer-Supplier RelationshipsNext articleWine Will Never Fall Into the New Tobacco Trap Editor ReddIt Subscribe to the Afternoon Brieflast_img read more

Acting Public Defender Calls for Review of Parole Act

first_imgActing Public Defender Calls for Review of Parole ActJIS News | Presented by: PausePlay% buffered00:0000:00UnmuteMuteDisable captionsEnable captionsSettingsCaptionsDisabledQualityundefinedSpeedNormalCaptionsGo back to previous menuQualityGo back to previous menuSpeedGo back to previous menu0.5×0.75×Normal1.25×1.5×1.75×2×Exit fullscreenEnter fullscreenPlay Acting Public Defender Calls for Review of Parole Act JusticeSeptember 16, 2014Written by: Athaliah Reynolds-Baker Advertisements RelatedStudents Receive School Supplies from Administrator-General’s Department RelatedPublic Education Central to Disabilities Act RelatedWest Kingston Enquiry Commissioners Sworn Incenter_img Photo: JIS PhotographerActing Public Defender, Matonda Mukulu, addresses the Jamaica Employers’ Federation (JEF) breakfast meeting, held at the Knutsford Court hotel in New Kingston, on September 16. Acting Public Defender, Matondo Mukulu, is calling for a review of the country’s Parole Act, noting that much has changed since the law was passed almost 40 years ago.Mr. Mukulu, who was addressing members of the Jamaica Employers’ Federation (JEF), during a breakfast meeting at the Knutsford Court Hotel in New Kingston, on Tuesday, September 16, said the current law is, in some instances, unconstitutional and antiquated.“To be fair, I don’t think our legislators sat down and said ‘let us create a statute that is unconstitutional’. I think things have developed, but we haven’t managed to develop,” he said.Mr. Mukulu said as such, his office has been working with the Ministry of National Security to effect changes to the Act.He noted that among the areas of concern is the fact that under the law, an inmate who applies for parole is not required to be present at the hearing where his or her fate is being decided. It is up to the discretion of the Parole Board to determine whether or not the inmate is present.“There is something anomalous and wrong in saying to me that ‘you are about to determine whether or not I have been rehabilitated and whether I can go back into society’, and I am not, as a matter of right, allowed to even be in the room where my fate is being determined,” Mr. Mukulu argued.The acting Public Defender said the procedure cannot be deemed fair if the inmate or a representative is not present at his own parole hearing.He pointed out that discussions with some 13 inmates from the St. Catherine Adult Correctional Facility and the Tower Street Correctional Facility, over the last two months, have revealed that none of the inmates, who have applied for parole, were ever informed that the Board had the discretion to invite them to the hearing.Mr. Mukulu is, therefore, calling for a review of this aspect of the law, noting that in most jurisdictions across the Commonwealth, an applicant is given the right to appear before the Parole Board.“Even if one is not allowed to be present, the second option is that the inmate should have a representative there,” he said.Additionally, Mr. Mukulu argued that the inmates or their representatives are not allowed to view the reports, which are often submitted to the Board by the Probation Officers.“The applicant is not given that all important opportunity to consider and respond to that report. That again has been found in other jurisdictions to be against the basic right to a fair hearing,” he said.“If I can’t challenge what you have said against me ‘how fair is that process?,” he questioned.However, Mr. Mukulu concedes that his office recognises that there must be instances in which reports are withheld from inmates.The acting Public Defender explained that an amendment of the law is necessary to protect the rights of citizens and to safeguard against “a litany of constitutional motions being brought before the Courts” by applicants who feel they have been wronged.Mr. Mukulu further noted that his office has an obligation to contribute to law-making to ensure that laws which are passed achieve balance between protecting human rights and those of the public. FacebookTwitterWhatsAppEmail Story HighlightsActing Public Defender, Matondo Mukulu, is calling for a review of the country’s Parole Act, noting that much has changed since the law was passed almost 40 years ago.Mr. Mukulu said the current law is, in some instances, unconstitutional and antiquated.Mr. Mukulu said as such, his office has been working with the Ministry of National Security to effect changes to the Act.last_img read more

Arris chief shifting to CommScope role

first_img Tags Diana is Mobile World Live’s US Editor, reporting on infrastructure and spectrum rollouts, regulatory issues, and other carrier news from the US market. Diana came to GSMA from her former role as Editor of Wireless Week and CED Magazine, digital-only… Read more CommScope, Ericsson prove CBRS compatibility AddThis Sharing ButtonsShare to LinkedInLinkedInLinkedInShare to TwitterTwitterTwitterShare to FacebookFacebookFacebookShare to MoreAddThisMore 18 FEB 2019 CommScope announced Arris International CEO Bruce McClelland will join its leadership team as COO once a pending $7.4 billion acquisition of the latter is complete.The company’s current COO Morgan Kurk will shift roles to fill CommScope’s vacant CTO position. Both McClelland and Kurk will report directly to CommScope CEO Eddie Edwards.In a statement, Edwards said the pair will “play pivotal roles in leading our combined companies into a successful future” in which CommScope aims to “capitalise on emerging trends, including network convergence, fibre and mobility everywhere, 5G and Internet of Things”.The announcement follows Arris stockholders’ signing off on the deal at a meeting on 1 February. The transaction is expected to close during H1.CommScope previously said the deal will more than double its addressable product market to more than $60 billion and yield a company with annual revenue of around $11.3 billion. Subscribe to our daily newsletter Back Diana Goovaerts CommScope acquires Arris for $7.4B Related Home Arris chief shifting to CommScope role Previous ArticleTurkcell receives boost in MTN bribery lawsuitNext ArticleNew Zealand to reassess Huawei 5G restriction CommScope takes on Fractus antenna tech Author ArrisCommScopelast_img read more

Donegal has joint lowest Property Tax compliance rate

first_img By News Highland – October 7, 2013 Google+ Twitter RELATED ARTICLESMORE FROM AUTHOR WhatsApp Google+ Pinterest LUH still not ready to restore IT systems Gardai investigate deaths of two horses on the N56 WhatsApp Donegal has joint lowest Property Tax compliance rate Andrew McGinley says his children are getting him through life center_img Facebook Lárionad Acmhainní Nádúrtha CTR to take part in new research project Previous articleKillybegs & Glenswilly to fight for Dr Maguire CupNext articleJennings takes Irish Tarmac Drivers Title News Highland Twitter Pinterest Pregnant women can receive Covid vaccine at LYIT’s vaccination centre Donegal retains 14 Blue Flags, Lisfannon is not restored Ninety percent of those eligible to pay property tax have now done so, with the joint lowest compliance rate in Donegal, where 84% have paid.Natonally, two hundred million euro had been collected by the end of September, according to the latest figures from Revenue. In Donegal, 5.2 million euro has been declared and 4.7 million collected.Until the end of September 2013, the county with the highest property tax compliance rate was Dun Laoghaire Rathdown, at ninety two percent, with 21 million euro paid.The Dublin City Council area has paid 32.4 million, with a compliance rate of 87 percent.Fingal in north Dublin, Kilkenny, North Tipperary, South Tipperary and Wicklow have a compliance rate of 91 percent.The lowest compliance rates at the end of September were in Donegal and Louth, at 84 percent. Facebook Newslast_img read more

News / Growing digitisation of sea freight booking will ‘move the industry forward’

first_img It may have taken some time to get started, but the sea freight business is increasingly digitising its booking systems.Hapag-Lloyd today announced its customers could gain automatic access to all its rates via rate management platform CargoSphere.The news follows last week’s announcement by electronic transaction platform Inttra that it had expanded its carrier network to more than 60 with the addition of four shipping lines.The CargoSphere platform offers digital infrastructure to establish an automated data transfer of contract and public tariff rates between a carrier, CargoSphere and the carrier customers. © Hieronymusukkel By Alexander Whiteman and Alex Lennane 05/03/2018center_img Digital contract management significantly increases accuracy and reduces processing times from several days to just a few hours, according to CargoSphere.“Eliminating the email distribution of spreadsheets and PDFs is an exciting moment for Hapag-Lloyd,” said Henning Schleyerbach, senior director sales & service processes.CargoSphere managing director Neil Barni added: “It is fast, fully automated and ready to transform the inefficiencies that impede ocean carriers. By accelerating the conversion of ocean freight rates to a fully standardised digital environment, we are bringing to market a genuine and meaningful innovation that will move the industry forward.”Meanwhile, Antillean Marine, Evergreen, Namsung and Unifeeder all joined Inttra’s network, which recorded 12% growth in container loads over the last 12 months.Chief executive of Inttra, Joh Fay, said the company processed some 45m container orders on its platform in 2017. He added: “Our network growth, both in transaction volume and in participants, means we are no longer approaching the digital tipping point; the digital tipping point has arrived.”Among its customers, Inttra boasts the 10 largest container carriers, including Maersk, MSC, CMA CGM, Hapag-Lloyd and Cosco, providing access to some 200 countries.Company president Inna Kuznetsova told The Loadstar: “Our network covers more than 90% of all global container trade capacity and accepts container booking from over 30,000 shipping companies across more than 200 countries.“The shippers booking on Inttra today vary in size from all top 20 freight forwarders to very small customers shipping several hundred containers a year.”Ms Kuznetsova said with “digitalisation passing the tipping point” she saw strength in the physical network of shipping partnerships being digitised and added that the company would continue to upgrade its platform with the introduction of further cloud-based solutions including enhancements to its C-Fast system, launched in December.“C-Fast is a container forecasting and allocation optimisation solution that helps freight forwarders and NVOCCs manage their carrier volume commitments,” she said. “In 2017 we acquired Avantida, offering solutions for repositioning and better container utilisation, and expanded business successfully to more European countries.“And of course, we continue to explore new technologies such as AI and blockchain through a variety of pilots and proofs of concept, and will announce them in due course.”last_img read more

International Student Merit Scholarships at Plymouth University

first_imgInternational Student Merit Scholarships at Plymouth University Research Fellowship at the University of Antwerp → Share 0 Tweet ← Become one of SEE’s Independent Professionals! Fully Funded PhD Studentship at Bournemouth University Similar Stories June 23, 2017 Published by sanja Leave a Reply Cancel ReplyYou must be logged in to post a comment. center_img Pocket Marie Skłodowska-Curie PhD Fellowship Programme YOUTH ACTION – “Volunteer for Diversity & Inclusion” LinkedIn 0 +1 Reddit Deadline: 30 June 2017Open to: international studentsScholarship: £2,500DescriptionFor September 2017 intake, Plymouth University is pleased to offer 10 merit scholarships for international students. These scholarships are available for pursuing master degree programme.Plymouth University offers a range of financial support to help applicants during their time with the University. From how to pay their tuition fees, to finding funding to support their studies, or getting financial support and advice – these pages will point them in the right direction for all their student money needs.Plymouth University is a public university based predominantly in Plymouth, England where the main campus is located, but the university has campuses and affiliated colleges all over South West England.EligibilityInternational students can apply for these scholarships;IELTS score must be 6.5 overall;Minimum eligibility criteria for consideration for award-Equivalent of a UK University first class undergraduate degree in a relevant subject;Applicants undergraduate degree must be the equivalent of a UK honors degree, as specified by UK NARIC.ScholarshipTen scholarships are available;Each scholarship has a value of £2,500.How to apply?In order to apply please fill the application.For more information please visit the official web page.last_img read more

Minister Brown requests Eskom to rescind Molefe reappointment

first_img RELATED ARTICLESMORE FROM AUTHOR Featured video: SABC News/ YouTube BRICS AFD and Eskom commit to a competitive electricity sector Previous articleVideo Interview with Brian Williams, SAP EMEA Industry Advisory DirectorNext articleMinister Brown issues comment to Select Committee Ashley TheronAshley Theron-Ord is based in Cape Town, South Africa at Clarion Events-Africa. She is the Senior Content Producer across media brands including ESI Africa, Smart Energy International, Power Engineering International and Mining Review Africa. Finance and Policycenter_img South Africa’s Public Enterprises Minister, Lynne Brown, has directed the Eskom board to rescind the reappointment of the utility’s CEO, Brian Molefe.Addressing members of the media at a conference in Cape Town today, Brown said: “We met with the Eskom board today,” she said at a media conference in Cape Town. “Collectively, looking at all the facts… I directed Eskom to rescind the decision to reappoint Mr Molefe.”News24 reported that Brown has asked the Eskom board to provide her with two names from the Eskom executive to become acting chief executive. She will announce who that acting CEO will be within 48 hours’ time, she said.According to media, Brown’s request follows an earlier announcement by the inter-ministerial committee during a live television broadcast.“It will be in best interests in government, Eskom and the country that the Minister of Public Enterprises directs the board to rescind the re-appointment of Mr Molefe,” said inter-ministerial committee convenor Justice Minister Michael Masutha on Wednesday in Cape Town.Molefe investigationNews24 reported: “The decision by the Eskom board to grant Molefe early retirement and then the decision to reappoint him were two mistakes that could have been prevented, the committee found.”Masutha said: “Both mistakes could have corrected administratively and not by the board reinstating Mr Molefe.”According to News24, the inter-ministerial committee was reinstated by President Jacob Zuma in May and consists of Masutha, Public Enterprises Minister Lynne, Finance Minister Malusi Gigaba and Energy Minister Mmamoloko Kubayi.It was tasked with investigating Molefe’s return to Eskom, after Brown agreed to the Eskom board’s decision to reinstate him in May.Brown said earlier on Wednesday that the committee “had several engagements” and have reached a consensus on the matter.Molefe told media on Tuesday that he was not worried about his fate as chief executive. “Whatever happens, happens,” he said. Generation UNDP China, CCIEE launch report to facilitate low-carbon development Low carbon, solar future could increase jobs in the future – SAPVIA last_img read more