Asda sales bounce back triggering staff bonus

first_img Asda sales bounced back at the end of last year it had lost ground to some of its rivals.The grocery giant, second in size only to Tesco, saw its market share slip last year.But sales in the fourth quarter rose 1.6 per cent. It said it had been boosted by its Chosen by You range. Chief executive Andy Clarke said: “I’m pleased with the progress we’ve made in the last six months. We have successfully extended our price gap to ten per cent, significantly improved the quality of our food across the entire store, and given our customers even better service.”The sales rise means Asda staff will share a bonus pot of £26.9m, with most receiving around £350 each.Meanwhile Asda’s parent company Wal-Marrt yesterday reported that sales fell 1.8 per cent – the seventh consecutive quarterly fall. Tuesday 22 February 2011 11:09 am Show Comments ▼ Share John Dunne whatsapp center_img Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapNew England Patriots’ Cam Newton says no extra motivation from Mac Jones’SportsnautCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe Wrap’Sex and the City’ Sequel Series at HBO Max Adds 4 More ReturningThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe Wrap’Black Widow’ First Reactions: ‘This Is Like the MCU’s Bond Movie’The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe Wrap Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryUndoMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUndoPeople TodayNewborn’s Strange Behavior Troubles Mom, 40 Years Later She Finds The Reason Behind ItPeople TodayUndoTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastUndoSenior Living | Search AdsNew Senior Apartments Coming to Scottsdale (Take A Look at The Prices)Senior Living | Search AdsUndoSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesUndoBrake For ItThe Most Worthless Cars Ever MadeBrake For ItUndoBetterBe20 Stunning Female AthletesBetterBeUndoWanderoamIdentical Twins Marry Identical Twins – But Then The Doctor Says, “STOP”WanderoamUndo whatsapp Asda sales bounce back triggering staff bonus Tags: NULLlast_img read more

Treasury outlines carbon plan

first_imgMonday 7 March 2011 9:28 pm Tags: NULL The Treasury will set a legal framework next month to create a floor price for carbon emissions, while announcing a wider plan for encouraging low-carbon investments. The government’s Carbon Plan will award £1bn to Britain’s first carbon-capture and storage project by the end of 2011. More From Our Partners 980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.org Treasury outlines carbon plan Share KCS-content whatsapp Show Comments ▼ whatsapplast_img read more

British exports bounce back

first_img KCS-content BRITISH exports shot up by 5.4 per cent to a record value of £25.1bn in January, helping to narrow the UK’s overall trade gap to £3bn.The deficit fell from £5.5bn in December, when severe winter snow and changes in aircraft import taxes resulted in a record high deficit — £9.7bn — in visible goods. The visible goods deficit dropped to £7.1bn at the start of this year, rebounding from December’s slump, the Office for National Statistics (ONS) revealed yesterday.“The marked improvement in the trade gap is good news for the rebalancing story, particularly with exports of goods picking up strongly which tallies with the strong performance of the manufacturing sector,” said Hetal Mehta of Daiwa Capital.“If this trend continues, it is likely that net trade will make a positive contribution to GDP growth,” she added.The official figures mirror positive results from recent business surveys. February’s purchasing managers’ index (PMI) showed visible exports “registering one of the strongest expansions since data were first available in 1996,” according to Markit, which undertakes the survey.“Plus, the export orders balance in the February CBI industrial trends survey was at a 15-year high,” added Howard Archer of IHS Global Insight.A survey of British exporters by Travelex, released yesterday, showed 74 per cent were confident in current trading conditions.However, the UK’s trade surplus on services — unaffected by weather conditions or the one-off fluctuation in aircraft imports — slipped slightly in January, to £4.1bn, from £4.2bn in December. whatsapp Wednesday 9 March 2011 7:51 pm British exports bounce back Share whatsapp Show Comments ▼ Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe Wrap’Black Widow’ First Reactions: ‘This Is Like the MCU’s Bond Movie’The Wrap’Small Axe’: Behind the Music Everyone Grooved On in Steve McQueen’sThe Wrap Tags: NULLlast_img read more

FirstGroup on track for full year earnings

first_img whatsapp Friday 11 March 2011 3:42 am Transport operator FirstGroup said it was on course to achieve overall earnings and cash targets for the year, as strength at its UK rail division offset continued margin weakness at its student business.“We are encouraged by improving trends in UK rail and Greyhound and a continued steady performance in our UK bus and transit operations,” the company said in a statement.FirstGroup expects its British rail business, which includes the Great Western franchise running into central London, to deliver like-for-like passenger revenue growth of 5.1 per cent for the year.It, however, warned trading during the fourth quarter at its student business had been “disappointing,” and said margins at that division would continue to be pressured into 2011/12.The company expects full year revenue growth of 2.4 per cent at its transit division, and like-for-like passenger revenue growth of 1.4 per cent at its UK bus operations. FirstGroup on track for full year earnings whatsapp Tags: NULL Show Comments ▼ Share Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe Wrap’Black Widow’ First Reactions: ‘This Is Like the MCU’s Bond Movie’The Wrap’Small Axe’: Behind the Music Everyone Grooved On in Steve McQueen’sThe Wrap John Dunne last_img read more

LONDON DEPUTY MAYOR DIES

first_img whatsapp LONDON DEPUTY MAYOR DIES whatsapp by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastBrake For ItThe Most Worthless Cars Ever MadeBrake For ItSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesMoneyPailShe Was An Actress, Now She Works In ScottsdaleMoneyPailDrivepedia20 Of The Most Underrated Vintage CarsDrivepediaBetterBeDrones Capture Images No One Was Suppose to SeeBetterBeZen HeraldThe Truth About Why ’40s Actor John Wayne Didn’t Serve In WWII Has Come To LightZen Heraldautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.com Share Show Comments ▼ LONDON mayor Boris Johnson yesterday paid tribute to his deputy mayor and chief of staff Sir Simon Milton, who has died at the age of 49 after a short illness. Johnson said: “He was a wonderful colleague and friend and will be much missed.” Milton led Westminster City Council for eight years and was appointed deputy mayor in 2008. center_img Tuesday 12 April 2011 8:15 pm Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe WrapNew England Patriots’ Cam Newton says no extra motivation from Mac Jones’Sportsnaut’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe Wrap’Small Axe’: Behind the Music Everyone Grooved On in Steve McQueen’sThe Wrap KCS-content Tags: NULLlast_img read more

Cost savings and sales lift Meggitt

first_img BRITISH aerospace equipment supplier Meggitt said its orders jumped 15 per cent in the first-quarter compared to last year, indicating good growth perspectives for 2011.The FTSE 250 firm reported its revenues were up 12 per cent, bolstered by a market recovery that was driven mainly by soaring civil aerospace orders.“Within the period we saw double digit revenue growth in all market segments. We expect to deliver good organic growth in 2011 and we are well positioned for the long term,” the company said in its interim management statement.The company, which earlier this year acquired a component business from US firm Danaher for $685m, said it had exceeded its cost savings target of £50m per year by the end of 2010 and had lifted its target to £57m by the end of 2011.Shares in Meggitt, which have fallen eight per cent in 2011, rose two per cent to close at 352p yesterday, valuing the firm at more than £2.6bn. by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesMoneyPailShe Was An Actress, Now She Works In ScottsdaleMoneyPailMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryLuxury SUVs | Search AdsThese Cars Are So Loaded It’s Hard to Believe They’re So CheapLuxury SUVs | Search AdsDrivepedia20 Of The Most Underrated Vintage CarsDrivepediaBetterBeDrones Capture Images No One Was Suppose to SeeBetterBeZen HeraldThe Truth About Why ’40s Actor John Wayne Didn’t Serve In WWII Has Come To LightZen Heraldautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.com Wednesday 20 April 2011 7:46 pm Cost savings and sales lift Meggitt whatsapp Show Comments ▼ KCS-content center_img whatsapp Share Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The Wrap’Small Axe’: Behind the Music Everyone Grooved On in Steve McQueen’sThe WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe Wrap’Black Widow’ First Reactions: ‘This Is Like the MCU’s Bond Movie’The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe Wrap Tags: NULLlast_img read more

Marathonbet ‘signals intention’ with Man City deal

first_img Topics: Marketing & affiliates Sports betting 13th June 2018 | By contenteditor Marathonbet has signalled its “intention as a global brand” after becoming Premier League champions Manchester City’s first-ever global betting partner Marathonbet ‘signals intention’ with Man City deal AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Email Address Marketing & affiliates Subscribe to the iGaming newsletter Marathonbet has signalled its “intention as a global brand” after becoming Premier League champions Manchester City’s first-ever global betting partner.Marathonbet will provide the matchday betting offering at City’s Etihad Stadium, with branded betting kiosks, for supporters once the 2018/19 season kicks off in August.The online bookmaker will also provide the club’s fans with exclusive digital content themed around the first team fixtures and pre-match previews. Supporters will also get the chance to win ‘money-can’t-buy’ experiences through the partnership.Marathonbet was the partner of City’s local rivals, Manchester United, until last month.Natalia Zavodnik, chief executive at Marathonbet, said: “We are delighted to be able to announce this global partnership with one of the most exciting clubs in world football.“The club share our ideas of innovation and providing their supporters and football fans alike with extraordinary odds, markets and experiences; something we saw with their record breaking 2017/18 season.“This announcement is a marker of our intention as a global brand and we can’t wait to get started.”Damian Willoughby, senior vice-president of partnerships at City Football Group, said: “We are delighted to welcome Marathonbet to Manchester City.“Marathonbet shares our commitment to providing fans across the world with the best possible matchday experience, whether that’s at the Etihad Stadium or following around the world through digital platforms.“Marathonbet has a great history of innovation and we excited by their plans to engage with City fans through this new partnership.”Related article: Marathonbet returns in Russialast_img read more

Banach to focus on major league sports after funding round

first_img Subscribe to the iGaming newsletter Email Address Banach Technology plans to expand its product portfolio into US major league sports Regions: UK & Ireland Topics: Finance Sports betting Dublin-based start-up Banach Technology plans to expand its portfolio into the four traditional US major league sports by the end of 2018 after securing €2.2m (£1.9m/$2.6m) in a seed-funding round that included investments from Paddy Power co-founders David Power and Stewart Kenny.Banach’s technology, which allows punters to build a personalised bet consisting of correlated same-game principles, is currently specific to football.However, Banach chief executive Mark Hughes said the company will strengthen the in-house team of mathematicians and software engineers with several new hires to enable new product launches for American football, baseball, basketball and ice hockey, as well as tennis, in the coming months.“We have a football product at the moment and we want to build that out for other sports and also start growing into risk management,” Hughes, who spent six years at Paddy Power before leaving in 2014, told iGamingBusiness.com.According to The Times newspaper, Power and Kenny have invested €200,000 and €100,000, respectively. Other investors in the funding round included former Paddy Power chief executive Patrick Kennedy and the company’s ex-chief financial officer Cormac McCarthy, as well as Cormac Barry, who headed up the Australian division of Paddy Power until earlier this year.The funding round, which according to the company was over-subscribed, will support Banach’s business plan over the next 18 months to two years, when a further funding round is likely to take place, Hughes said.However, he admitted that “plans could change” if the US market “explodes” in the meantime – particularly given the company’s efforts to increase its exposure in relation to followers of the NFL, MLB, NBA and NHL major leagues. “It will really depend on the opportunities at the time,” he said.Hughes (pictured) also added that the track records of the start-up’s investors will help to boost Banach’s reputation in the market.Founded in 2015, the company has worked with a number of the industry’s top companies, including GVC Holdings, which completed its acquisition of Ladbrokes Coral in March. Banach is currently working with Ladbrokes Coral on in-game technology during the ongoing Fifa World Cup.“There are big names among our investors and that gives us credibility,” Hughes said.“We think we’re unique in the sense that some of the work we’ve done together as a team in the past has allowed us to build platforms very quickly. We’re trying to get in the right people to build on that.”center_img Banach to focus on major league sports after funding round 3rd July 2018 | By contenteditor AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Financelast_img read more

AGTech wins lottery software contract in major Chinese province

first_img6th July 2018 | By contenteditor AGTech wins lottery software contract in major Chinese province Lottery software and system developer AGTech has won a contract to provide lottery hardware support for the sports lottery in China’s Jiangsu province, which is home to more than 80 million people.The tech company’s subsidiary, Beijing AGTech GOT Technology (GOT), won the bid, with the tender managed by the Jiangsu Provincial Sports Lottery Administration Centre.Enquiries to AGTech to clarify the length of the agreement were not immediately returned.The deal will build on recent contract wins for AGTech in a number of other provinces, including Guangxi, Guizhou, Hebei, Henan, Hunan, Jilin and Shanghai. Jiangsu includes major cities such as Nanjing.“In the first half of 2018, GOT has already won tenders in various provinces, municipalities and autonomous regions across China, further reaffirming our hardware division’s continued dedication to and leading position in China’s lottery industry,” AGTech chairman and chief executive John Sun said.“AGTech has and will continue to enhance product innovation, safety and research and development compliance to contribute to the overall healthy development of China’s lottery market.”The expansion of AGTech’s hardware and distribution services across China has been a key goal of the company since it was acquired by e-commercia giant Alibaba two years ago.Earlier this week, iGamingBusiness.com reported that Chinese betting on the FIFA World Cup via the country’s sports lottery could be worth $7.5bn (€6.5bn).Image: Ozonefrance Email Address AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Topics: Lottery Tech & innovationcenter_img Subscribe to the iGaming newsletter Regions: China AGTech has won a major sports lottery contract in China’s Jiangsu province Lotterylast_img read more

New Jersey iGaming Dashboard — July 2018

first_img Email Address Subscribe to the iGaming newsletter Topics: Casino & games Finance Poker Regions: US AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Casino & games Market leader Golden Nugget continued to increase its market share in June, while Tropicana also performed well 17th July 2018 | By Joanne Christie iGaming Business and Ficom Leisure are pleased to present the New Jersey iGaming Dashboard, providing revenue and product metrics on the state’s regulated market.The data is updated monthly following the official release of figures from New Jersey’s Division of Gaming Enforcement.Although June’s online gaming revenue was down on the previous month, it was up 10.4% on the same month the previous year.It’s possible that punters’ attention was elsewhere last month given the second half of the month saw the opening up of legal sports betting in the state. If indications so far are anything to go by, the New Jersey sports betting market looks promising – New Jersey Division of Gaming Enforcement figures showed that gross sports betting revenue hit almost $3.5m in the just over two weeks of June it was legal.Returning to the online market, Golden Nugget continued to increase its market share, which rose to 36.9% last month. Tropicana also performed well, growing its share from 14% in May to 15.9%.Caesars Interactive was the biggest loser last month, with its share falling more than two percentage points from 16.8% to 14.6%. Resorts Digital and Borgata also lost ground, albeit at a less pronounced rate.It’s worth noting that within the five top operators by market share, there are a number of brands that sit under each licence.For Borgata these include its own brands — Borgatacasino.com and Borgatapoker.com — as well as NJ.Partypoker.com, palacasino.com, palabingousa.com, playmgmcasino.com, playmgmpoker.com and scorescasino.com. Caesars’ licence extends to CaesarsCasino.com, HarrahsCasino.com, WSOP.com and the 888 US brands: us.888.com, us.888poker.com and us.888casino.com.Golden Nugget’s includes GoldenNuggetCasino.com, nj-casino.goldennuggetcasino.com, betfaircasino.com and playsugarhouse.com, while Resorts Digital’s covers its own brand — resortscasino.com — as well as those of PokerStars (pokerstarsnj.com) and Mohegan Sun (mohegansuncasino.com). Finally, as well as tropicanacasino.com, Tropicana’s licence also includes virgincasino.com.Ficom Leisure also provides exclusive monthly estimates on the Italian online market in the Italy iGaming Dashboard, including operator market shares across casino, sports betting and poker. It also provides quarterly figures on the Spanish online market in the Spain iGaming Dashboard and on the Danish online market in the Denmark iGaming Dashboard.A European corporate advisory firm, Ficom Leisure is a specialist in all segments of the betting and gaming sector. Tags: Card Rooms and Poker Online Gambling New Jersey iGaming Dashboard — July 2018last_img read more