| Next's Lord Wolfson warns of subdued growth Chief executive of Next warns of low sales growth for years to come due to souring cotton prices and rising wages. telegraph.co.uk |
Cross takes a KNOC but he's still standing That Kang Young-Won is a patient sort of fellow. The chief executive of the state-owned Korean National Oil Corporation (KNOC) could have had his dawn raid days ago - rather than wait until sunrise yesterday to siphon off 29.5pc of Dana Petroleum. telegraph.co.uk |
Clinton Cards falls on spending woes Clinton Cards shares tumbled on Thursday after the greeting cards retailer sounded a note of caution about consumer spending in the run up to Christmas. telegraph.co.uk |
Countrywide CEO Mozilo settles with SEC for $67.5M By JACOB ADELMAN 2010-10-16T04:43:03ZLOS ANGELES (AP) -- Countrywide Financial Corp. co-founder Angelo Mozilo has agreed to a $67.5 million settlement to avoid trial on civil fraud and insider trading charges that alleged he profited from doling out risky mortgages while misleading investors about the risks.... hosted.ap.org |
EMI owners hold £1bn rescue talks Terra Firma, the private equity owner of EMI, is understood to have held talks with investors about a £1bn-plus refinancing of the music group. telegraph.co.uk |