Inditex sees profit soar as emerging markets prosper

first_img Show Comments ▼ whatsapp whatsapp Share KCS-content Inditex sees profit soar as emerging markets prosper Wednesday 15 December 2010 7:53 pm THE world’s biggest clothing retailer Inditex announced a 42 per cent rise in nine-month net profit yesterday, buoyed by developing market growth and new store openings.Cash-rich Inditex, which launched online sales of items such as black net skirted cocktail dresses for around £40 for its flagship brand Zara in September, said sales grew 14 per cent during the period. Net profit for the nine-month period was €1.18bn (£1bn). Europe’s retailers are seeing a tick-up in business, especially in emerging economies. Inditex, which operates nearly 5,000 stores in 77 countries, said sales in local currencies grew ten per cent from 1 August to 12 December. Shares in Inditex have risen around 45 per cent since the beginning of the year, thanks to strong sales and healthy margins, while Spain’s blue-chip index has dropped about 15 per cent. Inditex has reduced exposure to the sluggish economy of home base Spain, which accounted for 28 per cent of sales in the first half, down from 32 per cent in the first half of 2009. The company was founded by Spain’s richest man Amancio Ortega. Tags: NULL Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofNew England Patriots’ Cam Newton says no extra motivation from Mac Jones’SportsnautChicken Bao: Delicious Recipes Worth CookingFamily ProofCheese Crostini: Delicious Recipes Worth CookingFamily Prooflast_img read more

Stats Perform adds integrity services to Aus basketball deal

first_img Regions: Oceania Australia Topics: Marketing & affiliates Sports betting Marketing & affiliates Email Address 13th July 2020 | By contenteditor Subscribe to the iGaming newslettercenter_img AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Stats Perform is to provide integrity services to Australia’s leading basketball competition in an expansion of their exclusive partnership.Stats Perform has extended its betting data and streaming partnership with the National Basketball League (NBL), and will now also become an official integrity partner. The supplier’s integrity operations team will support the NBL in aiming to prevent match manipulation and betting fraud through monitoring and intelligence.Alex Rice, Stats Perform chief rights officer, said: “Few global basketball leagues can rival the NBL’s atmosphere, quality and entertainment.“We’re honoured to have been trusted to safely deliver high quality NBL betting experiences to their growing global audience for a number of years. In that time we’ve seen the competition and our partnership go from strength to strength, and we’re excited to continue working together to drive future growth.”The announcement of the deal comes within days of new partnerships with Norsk Tipping, Cricket South Africa, US Soccer and DraftKings. Chicago-based Stats Perform also counts Spain’s La Liga, France’s Ligue 1 and WTA Tennis among its clients.“The NBL is almost unrecognisable from when we first started working with Stats Perform but whilst many things have changed our need for a trusted partner to safely manage and grow our betting rights distribution has stayed the same and we’re very pleased to renew our partnership,” NBL chief commercial officer Brad Joyner said of the deal.Image: © Justin Smith / Wikimedia Commons, CC-By-SA-3.0 Stats Perform adds integrity services to Aus basketball deal Stats Perform is to provide integrity services to Australia’s leading basketball competition in an expansion of their exclusive partnership.last_img read more

National Bank of Malawi 2006 Annual Report

first_imgNational Bank of Malawi ( listed on the Malawi Stock Exchange under the Banking sector has released it’s 2006 annual report.For more information about National Bank of Malawi ( reports, abridged reports, interim earnings results and earnings presentations, visit the National Bank of Malawi ( company page on AfricanFinancials.Document: National Bank of Malawi (  2006 annual report.Company ProfileNational Bank of Malawi is a leading financial institution in Malawi; providing solutions for retail, corporate and investment banking and stock broking services through a national network of 22 service branches. The parent company of National Bank of Malawi is Press Corporation Limited (PCL). Its subsidiaries include National Bank of Malawi Nominees Limited and Stockbroker Malawi Registered Limited. The financial institution operates two divisions; corporate banking and retail/personal banking. The corporate banking division specialises in providing financial services through packaged deals. The retail banking division provides personal banking solutions which include utility bill payments, Internet and mobile banking, and ATM facilities. A major revenue source for the National Bank of Malawi is its treasury division which includes a foreign exchange and money market operation. The National Bank of Malawi was established in 1971 with the merger of Barclays Bank DCO (Dominion Colonial Overseas) and Standard Bank (South Africa). National Bank of Malawi is listed on the Malawi Stock Exchangelast_img read more

National Tyre Services Limited ( 2015 Abridged Report

first_imgNational Tyre Services Limited ( listed on the Zimbabwe Stock Exchange under the Industrial holding sector has released it’s 2015 abridged results.For more information about National Tyre Services Limited ( reports, abridged reports, interim earnings results and earnings presentations, visit the National Tyre Services Limited ( company page on AfricanFinancials.Document: National Tyre Services Limited (  2015 abridged results.Company ProfileNational Tyre Services Limited is the largest distributor and retailer of new tyres and tubes for the automotive industry in Zimbabwe. Its focus is on re-lugging tyres used in the agricultural and earthmoving sector and the procurement of truck tyres for the Zimbabwe transport industry. Popular tyre brands sold by National Tyre Services include Dunlop, Firestone, Bridgestone, Yokohama, Pirelli, Bandag, Regal and Comforser. It offers products in its ranger catering for sedans, SUVs, off-road vehicles, light trucks and heavy-duty trucks and buses. Its service outlets deal with wheel alignment, wheel balancing, product support and inner tyre tubes. The company has a national footprint with 12 retail outlets in major towns and cities in Zimbabwe. The re-lugging factory is in Harare and Chiredzi and re-treading and procurement of truck tyres is done out of Harare and Bulawayo. National Tyre Services Limited is listed on the Zimbabwe Stock Exchangelast_img read more

Go Life International Limited ( Q32020 Interim Report

first_imgGo Life International Limited ( listed on the Stock Exchange of Mauritius under the Industrial holding sector has released it’s 2020 interim results for the third quarter.For more information about Go Life International Limited ( reports, abridged reports, interim earnings results and earnings presentations, visit the Go Life International Limited ( company page on AfricanFinancials.Document: Go Life International Limited (  2020 interim results for the third quarter.Company ProfileGo Life International Limited is a multi-faceted healthcare company that offers products serving market needs in pharmaceuticals, generics, nutraceuticals, and medical consumables through to high end sophisticated hospital equipment. Go Life International Limited has a primary listing on the Stock Exchange of Mauritius and a secondary listing on the AltX of the Johannesburg Stock Exchangelast_img

Kenya Commercial Bank Limited Group ( Q12020 Interim Report

first_imgKenya Commercial Bank Limited Group ( listed on the Uganda Securities Exchange under the Banking sector has released it’s 2020 interim results for the first quarter.For more information about Kenya Commercial Bank Limited Group ( reports, abridged reports, interim earnings results and earnings presentations, visit the Kenya Commercial Bank Limited Group ( company page on AfricanFinancials.Document: Kenya Commercial Bank Limited Group (  2020 interim results for the first quarter.Company ProfileKenya Commercial Bank Limited (KCB Group) is a leading financial institution offering retail and corporate banking services in Uganda through its subsidiary company. KCB Group offers financial solutions ranging from current accounts, overdrafts and loans to fixed and short-term deposits, mortgage finance, trade finance and forex, and business investment accounts. The banking institution participates in investments in treasury bills and bonds with the central banks. Wholly-owned subsidiaries in the banking group include Kenya Commercial Finance Company Limited, Savings & Loan Kenya Limited, Kenya Commercial Bank Nominees Limited, Kencom House Limited, KCB Tanzania Limited, KCB Sudan Limited, KCB Rwanda SA and KCB Uganda Limited. Kenya Commercial Bank Limited is listed on the Uganda Securities Exchangelast_img read more

FTSE Investors! Why I’d do what Warren Buffett does when markets crash

first_img Enter Your Email Address Our 6 ‘Best Buys Now’ Shares See all posts by Tezcan Gecgil, PhD In recent days we’ve witnessed broader markets both in the UK and globally crash. However, instead of panicking, now would be a good time to take a deep breath and assess the situation. In these uncertain times, it may help to see how professionals, such as legendary investor Warren Buffett, approach a brutal market sell-off.Buffett’s track recordIn February, Buffett released his annual letter to shareholders of Berkshire Hathaway, his firm that has the most expensive share price of any company in history. In 1964, each Class A share was just shy of $20. Today it’s upwards of $272,000 (no, that’s not a misprint).  5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…Put another way, Buffett has been making on average 20% a year. No wonder he’s regarded as one of the best investors in history. Therefore I believe most of us can benefit from his wisdom and decades of experience in the markets. And many regard his shareholder letter as one of most important documents published each year for investors.Buffett firmly believes that stocks outperform all other asset classes over the long term. However, he’s not one to buy shares in a company at any price. Indeed, the Oracle of Omaha is regarded as the king of value investing.Although Buffett is bullish on stocks long term, he said “that rosy prediction comes with a warning: Anything can happen to stock prices tomorrow”.He regards the stock market as unpredictable. Large price swings are quite normal. And within days of this warning, markets globally did indeed crash. On 12 March, the FTSE 100 index plunged 11%.Buffett does not worryHowever Buffett doesn’t think there’s any need for worry for the individual who doesn’t use borrowed money and who can control his or her emotions. To him, if you’re not thinking of owning the stock you’ve just bought for at least a decade, don’t even think of owning it for a day. Therefore, falling prices don’t make him nervous because he has seen equity markets recover time after time. Instead he patiently waits.One of my favourite Warren Buffett quotes is “opportunities come infrequently. When it rains gold, put out the bucket, not the thimble“. In other words, he’d recommend buying stocks as prices decline.According to Berkshire Hathaway’s most recent quarterly filing, the groups holds a record $128bn in cash and US Treasury bills. Thus management has been in a liquid position to buy shares that offer value. I’d imagine he’s now getting his shopping list out.Similarly, retail investors would benefit from having some cash saved to buy quality stocks, especially when prices take a hit.Preferred industriesBuffett’s preferred investments areBig or even mega-cap stocksFinancials, including banks and insurance companies, followed by large consumer brandsStocks that pay dividendsAlthough his main holdings are US-based stocks, the FTSE 100 offers plenty of choices in which he’d have possibly considered investing had he been UK-focused. And if I were to take Buffett’s approach, I’d be now willing to invest in many of these solid companies, especially as their valuations have fallen. Here’s a shortlist for you to do further due diligence:Aviva – dividend yield 11.2%BP – dividend yield 11.9%GlaxoSmithKline – dividend yield 5.7%HSBC Holdings – dividend yield 9.1%Legal & General Group – dividend yield 5.8%National Grid – dividend yield 5.7%Persimmon – dividend yield 10.9%Standard Life Aberdeen – dividend yield 10.5% “This Stock Could Be Like Buying Amazon in 1997” FTSE Investors! Why I’d do what Warren Buffett does when markets crash Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool.center_img Tezcan Gecgil, PhD | Saturday, 14th March, 2020 Image source: The Motley Fool Simply click below to discover how you can take advantage of this. Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. tezcang has no position in any of the shares mentioned. The Motley Fool UK owns shares of and has recommended GlaxoSmithKline. The Motley Fool UK has recommended HSBC Holdings. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors.last_img read more

Bishop’s concern for youth after government delays new gambling restriction

first_imgBishop’s concern for youth after government delays new gambling restriction Episcopal Charities of the Diocese of New York Hires Reverend Kevin W. VanHook, II as Executive Director Episcopal Charities of the Diocese of New York Curate Diocese of Nebraska Assistant/Associate Priest Scottsdale, AZ Inaugural Diocesan Feast Day Celebrating Juneteenth San Francisco, CA (and livestream) June 19 @ 2 p.m. PT Anglican Communion, Associate Rector for Family Ministries Anchorage, AK Rector Collierville, TN Canon for Family Ministry Jackson, MS Rector Knoxville, TN Rector/Priest in Charge (PT) Lisbon, ME Priest Associate or Director of Adult Ministries Greenville, SC Rector Martinsville, VA Posted Nov 5, 2018 Rector Smithfield, NC Curate (Associate & Priest-in-Charge) Traverse City, MI Family Ministry Coordinator Baton Rouge, LA Rector Tampa, FL Rector Bath, NC Rector Belleville, IL Tags AddThis Sharing ButtonsShare to PrintFriendlyPrintFriendlyShare to FacebookFacebookShare to TwitterTwitterShare to EmailEmailShare to MoreAddThis Rector Washington, DC Missioner for Disaster Resilience Sacramento, CA Seminary of the Southwest announces appointment of two new full time faculty members Seminary of the Southwest Rector and Chaplain Eugene, OR Director of Music Morristown, NJ Submit a Job Listing TryTank Experimental Lab and York St. John University of England Launch Survey to Study the Impact of Covid-19 on the Episcopal Church TryTank Experimental Lab Director of Administration & Finance Atlanta, GA [Anglican Communion News Service] A Church of England bishop has criticized the British government’s decision to delay new limits on a type of high-stake digital gambling machines. The bishop of St. Albans, Alan Smith, has been a vociferous campaigner against Fixed Odds Betting Terminals (FOBTs). The C of E’s General Synod also expressed concern about the machines, which allow gamblers to risk £100 GBP every 20 seconds. In May the government bowed to pressure and said it would reduce the maximum stake to just £2.00; but last week, Britain’s finance minister Phil Hammond used the annual budget statement to announce that the reduction would not be implemented until October 2019.Read the full article here. Rector Shreveport, LA center_img Bishop Diocesan Springfield, IL Youth & Young Adults Press Release Service Rector Pittsburgh, PA Submit an Event Listing Rector Hopkinsville, KY Associate Rector Columbus, GA Associate Priest for Pastoral Care New York, NY Remember Holy Land Christians on Jerusalem Sunday, June 20 American Friends of the Episcopal Diocese of Jerusalem Course Director Jerusalem, Israel Rector (FT or PT) Indian River, MI Featured Events An Evening with Presiding Bishop Curry and Iconographer Kelly Latimore Episcopal Migration Ministries via Zoom June 23 @ 6 p.m. ET The Church Investment Group Commends the Taskforce on the Theology of Money on its report, The Theology of Money and Investing as Doing Theology Church Investment Group This Summer’s Anti-Racism Training Online Course (Diocese of New Jersey) June 18-July 16 Join the Episcopal Diocese of Texas in Celebrating the Pauli Murray Feast Online Worship Service June 27 Priest-in-Charge Lebanon, OH Assistant/Associate Rector Washington, DC Cathedral Dean Boise, ID Submit a Press Release Ya no son extranjeros: Un diálogo acerca de inmigración Una conversación de Zoom June 22 @ 7 p.m. ET Virtual Celebration of the Jerusalem Princess Basma Center Zoom Conversation June 19 @ 12 p.m. ET Rector Albany, NY In-person Retreat: Thanksgiving Trinity Retreat Center (West Cornwall, CT) Nov. 24-28 Episcopal Migration Ministries’ Virtual Prayer Vigil for World Refugee Day Facebook Live Prayer Vigil June 20 @ 7 p.m. ET Assistant/Associate Rector Morristown, NJ The Church Pension Fund Invests $20 Million in Impact Investment Fund Designed to Preserve Workforce Housing Communities Nationwide Church Pension Group Youth Minister Lorton, VA Featured Jobs & Calls New Berrigan Book With Episcopal Roots Cascade Books last_img read more

Longest running member to speak at milestone lunch

first_img Please enter your comment! The Anatomy of Fear Please enter your name here Share on Facebook Tweet on Twitter Click HERE to order online using our secure server, or call our office at 407-814-1124 to pay by phone. Table sponsorships (8 people – $240). Tom MarksFrom the Central Florida Christian Chamber “Relationships for the Kingdom,”Tom Marks To Speak At 100th LunchTom is the founding partner of The Marks Law Firm and has more than thirty years of experience practicing family law in Central Florida. Tom zealously represents his clients with integrity, dedication, and personal attention; however, what makes Tom so special is that he’s the longest-running member of the Central Florida Christian Chamber. In fact, he was at the very first chamber lunch in 2003. The group was so small, everyone had time to introduce themselves. Tom stood up and said, “I’m Tom Marks and I’m an honest attorney!” He definitely is, and it’s very fitting that Tom is our featured speaker as we celebrate our 100th consecutive Relationship-Building Lunch at First Baptist Orlando. Support conservation and fish with NEW Florida specialty license plate You have entered an incorrect email address! Please enter your email address herecenter_img LEAVE A REPLY Cancel reply TAGSThe Central Florida Christian Chamber Previous articleLamphere gives his firsthand account of Puerto RicoNext articleOrange County celebrates “Come out with Pride” Parade Denise Connell RELATED ARTICLESMORE FROM AUTHOR Save my name, email, and website in this browser for the next time I comment. When: Thursday, Nov. 9, 2017, 11:30 a.m. – 1:00 p.m. (doors open at 11)Where: 3000 S. John Young Parkway, First Baptist Orlando, Faith Hall – 3rd floorCost: $30.00 chamber members and first-timers, $45.00 non-members (prior to ordering deadline); $50.00 pay-at-the-door, save $5-$20 by RSVPing on time. Free webinar for job seekers on best interview answers, hosted by Goodwill June 11  In his talk, “Relationships for the Kingdom,” Tom will share with us the significant impact relationships have had on his life as a believer and how God has revealed Himself through many of those relationships. He will spotlight some significant relationships he has built in the Christian Chamber. We’ll be encouraged to pour into our own relationships and love one another.There’s also going to be a surprise or two that you don’t want to miss!last_img read more

In NYC, movement declares: Independence for Puerto Rico!

first_imgIt is a fact that the oldest colony in the world is Puerto Rico. It stands to reason, therefore, that one of the longest resistance struggles against U.S. imperialism is Puerto Rican.That fact came to life again this year as event after event led to a massive uprising that resulted in toppling the corrupt government of Gov. Ricardo Rosselló. Puerto Rican activists, Sept. 21This people’s movement on the island came in the wake of the disastrous consequences of Hurricane Maria, which devastated the island in September 2017. About 3,000 people died in that hurricane, and thousands more became climate refugees as they were forced to flee the island.The governor’s corruption had been well known, but when leaked chats exposed vile homophobia, misogyny and elitist contempt even for hurricane victims, the people said basta — enough.This rise in the movement was recently reflected in New York City. A large number of Puerto Ricans have historically resided here, with a rich history of resistance, including the formation of the inspiring Young Lords in the revolutionary period of the late 1960s and 70s.On Sept. 21, over 600 Puerto Ricans and their supporters marched under the banner of the Frente Independentista Boricua (Boricua Independence Front) from Columbus Circle to the United Nations.The Frente is a united coalition comprised of A Call to Action in Puerto Rico, Committees of the Boricua Resistance, ProLibertad, Patria y Cultura, Nationalist Party, Junta de NY y NJ, NY Socialist Front, Comité del PIP de Nueva York, Virtual Boricua, Puerto Rican Workers’ Revolutionary Party (PRTP – Macheteros) and NY Boricua Resistance.This new umbrella of groups reflects growing unity in the movement and a determination to fight for independence till victory.Lorraine Liriano Chavez told Workers World: “El Frente Independentista Boricua is committed to the independence of Puerto Rico and will continue to educate, organize and protest. We will support the struggle of our sisters and brothers in the archipelago. We recognize that our struggle for liberation is within a larger framework of justice against capitalism and imperialism. Our solidarity with working-class communities in the U.S., Latin America, Africa and Asia is paramount to our liberation.”Also for the Frente, Ana M. Lopez told WW: “Our former political prisoners that participated in the march and rally on Sept. 21 were by and large living or born in the U.S. They dedicated their lives for the independence of Puerto Rico. Already two-thirds of our people live in the U.S., thus we are the engine within the ‘belly of the beast’ that will bring our decolonization and freedom at last.”Another Frente organizer Nephyr Rodriguez added, “It was evident, the growing number of youths that participated demonstrating great pride in their identities of being Puerto Rican.” He continued, “These youth are supporting our right to have a free and independent nation.” The Frente is not stopping after this successful march. On Oct. 5, the movement will hold the Third Peoples’ Assembly from 3:30 until 5:30 p.m. at the Overthrow, 256 Grand Street, Brooklyn.Former political prisoner, Oscar Rivera, second from left, with Workers World Party members Marsha Goldberg, Teresa Gutierrez and Richard Kossally at Sept. 21 rally.These assemblies mirror the peoples’ assemblies that emerged after the toppling of Gov. Rosselló. Spurred by the victory of bringing down a corrupt governor, the people of Puerto Rico are now holding serious discussions throughout the island of what’s next to keep the movement going through these peoples’ assemblies.It is clear that no corrupt government, no hurricane, no U.S. imperialism can stop the yearning of the Puerto Rico people for independence. Si se puede!FacebookTwitterWhatsAppEmailPrintMoreShare thisFacebookTwitterWhatsAppEmailPrintMoreShare thislast_img read more