Hints and tips:
...Corporate earnings reports out today include FamilyMart UNY Holdings, ABC-Mart and Lawsons....
...Others say that, far from producing one original idea after another, King’s other titles are too similar to Candy Crush, suggesting that the company has cracked one kind of game that players could soon tire...
...(Financial Times) Citic “has bought a stake in U.S. brokerage firm BTIG LLC, the company’s latest move to grow outside of China through buying a holding in a Western investment firm....
...Warburg Pincus first invested in Alliance Tire in 2007, funding its acquisition of an Israeli operation....
...(Financial Times) Shares in India’s Apollo Tyres have jumped 1.5 per cent today after the company demanded a discount on the $2.5bn it had agreed for US rival Cooper Tire....
...“Alliance Tire is a global company with an Indian advantage,” said one private equity executive with knowledge of Mumbai-based Alliance....
...Auchan first invested in China a decade ago and its retailing business is now part of a joint venture, Sun Holding, with Taiwan’s Ruentex group and its RT Mart China brand....
...Wal-Mart has repeatedly said it wants to enter the Russian market, but through working with a local partner rather than directly....
...Elsewhere, joining Kraft’s clout with grocers, such as Wal-Mart, to Cadbury’s mastery of “instant consumption” outlets – convenience stores and newsagents – should pump up the top line....
...In August, the Pritzkers sold a $1bn minority stake in Hyatt to Goldman Sachs Capital Partners and Madrone Capital Partners, an investment vehicle of Rob Walton, chairman of Wal-Mart....
...Apple gained 6.1 per cent to $99.72 on reports that Wal-Mart would sell its iPhone for as little as $99....
...Wal-Mart, the largest US retailer, already operates more than 4,000 pharmacies at its superstores and warehouse clubs across the US....
...A change in forecast José Luis Duran was feted as the man who would revive Carrefour, the French group that is the world’s second-largest retailer after Wal-Mart....
...China Eastern Airlines fell by 10.1 per cent to Rmb6.17, China Southern lost 9.9 per cent to Rmb6.09 and Air China fell by 10.0 per cent to Rmb7.82....
...FT: Which is what Wal-Mart are doing. They have the front end of that. JLD: Which is what all international food retailers are looking for. All of us are working, I would say, on a similar scheme....
...The group, the world’s second biggest retailer after Wal-Mart, is sitting on a property gold mine....
...Make no mistake: India doesn’t need Wal-Mart to have modern shopping....
...LA and southern California is already a mature and highly competitive grocery market that has been shaken up by Wal-Mart, which has struggled to win planning permission for 210,000 sq ft Supercenters against...
...But as equity consultants never tire of pointing out, it is all about future earnings growth....
...Albertsons, Safeway and Kroger - the three largest supermarkets operators - have has also been slow to recover from last year’s damaging strike in southern California....
...Bentonville, Wal-Mart's home town in Arkansas, was planning to name its new public library after Coughlin, an old guard associate of Wal-Mart founder Sam Walton and his wife, Cynthia....
...Down in Bentonville, Wal-Mart's Arkansas home town, the city planned to name its new public library after Coughlin, an old-guard associate of Wal-Mart founder Sam Walton, and his wife, Cynthia....
...Identical store sales, which strip out new or replacement stores, increased 2.8 percent in the first quarter before the effect of fuel sales and a strike that hit Southern California stores more than a year...
...Along with the rest of the supermarket sector, it is facing the prospect of increasing competition from Wal-Mart and other discounters....
...Carrefour, the world’s number two retailer after Wal-Mart, rose 2 per cent to €40.24 as investors awaited confirmation of reports of an imminent management reshuffle....
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