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March 10, 2009
Strong dollar to hit McDonald's profits
...affected by commodity costs. However, they would include a 3 to 4 cent gain from the sale of its minority interest in Redbox, an automated kiosk operator, that was the company's last non-core venture. Jim Skinner, chief operating officer, said the company... By Jonathan Birchall in New York
April 22, 2009
McDonald’s takes a knife to China expansion
...rose 3.5 per cent to $979.5m, or 87 cents per diluted share, including a 4 cent gain from the sale of its stake in Redbox, an automated kiosk company. The company said it expected lower food-cost inflation in the current year, as commodity prices ease... By Jonathan Birchall in New York
March 10, 2009
Strong dollar to hit McDonald's profits
...to be affected by commodity costs. But they would include a 3 to 4 cent gain from the sale of its minority interest in Redbox, an automated kiosk operator, that was the company's last non-core venture. Jim Skinner, chief operating officer, said that the... By Jonathan Birchall in New York
5:23am
Honda airbag risk triggers global recall
...at Honda’s US and Canadian plants. The latest recall applies to 2001 and 2002 model-year Accord, Civic, Odyssey, CR-V, Pilot and 2002 Acura TL and CL vehicles in the United States. Honda said the recall would cost the company about Y24m ($267...
2:00am
Looming commercial real estate crisis offer 'bonanza'
...said: "We've come off the precipice and moved back into more healthy territory."Credit markets had come back sharply in a V-shaped recovery, he said. "It was the best period for buying distressed debt we have seen . . . 18 months ago we were backing... By Martin Arnold in Berlin
February 3, 2010
Movie Gallery files for bankruptcy again
...he singled out the subsequent rise of Redbox, a service owned by Coinstar that now has...rentals by DVD rental kiosks operated by Redbox which offer low priced rentals and convenience...Apple’s iTunes service.He noted that Redbox’s revenues had almost doubled from... By Jonathan Birchall in New York
February 1, 2010
BSkyB v EDS: Why is the case so important?
The case of EDS v BSkyB is by far and away the most important legal case in the IT area for a decade. Not since the 1996 case of St Albans City and District Council v International Computers Limited (which defined whether software was goods... By Dai Davis, IT lawyer and partner at Brooke North LLP
2:00am
Broker's upgrade helps Kingfisher outrun retail peers
...retailer peers yesterday as the market struggled.Shares in the B&Q owner rallied from a seven-month low even though British Retail Consortium data showed a slump in DIY sales in January.The rebound came after Redburn Partners said the stock had reached... By Bryce Elder and Neil Hume
2:00am
Intesa taps Morelli for retail division
...s two big banks, has tapped Marco Morelli, the chief financial officer of Banca Monte dei Paschi di Siena, to head its retail division.The Milan-based bank has also named him and Gaetano Micciché, head of corporate and investment banking, as general...
February 4, 2010
Movie Gallery files for bankruptcy
...out in particular the subsequent rise of Redbox, a service owned by Coinstar, that now...rentals by DVD rental kiosks operated by Redbox which offer low- priced rentals and convenience...Apple's iTunes service.He noted that Redbox's revenues had almost doubled from... By Jonathan Birchall in New York