Posts Tagged ‘United Kingdom’

Brown-Forman Beats Profit Estimates In Q2, Raises Forecast

Kris Alingod – AHN News Contributor Louiseville, KY, United States (AHN) – Brown-Forman posted second quarter earnings on Thursday, beating profit estimates but falling short of expected revenue. The liquor maker raised its outlook for the full fiscal year. Net income for the period ended Oct. 31 rose 5 percent to $154 million, or $1.05 […]

British Chamber Of Commerce Forecasts 1.9 Percent Economic Expansion In 2011

AHN News Staff London, England, United Kingdom (AHN) – The British Chamber of Commerce forecast over the weekend a 1.9 percent economic expansion for the country in 2011. It is actually a downgrade from the chamber’s September prediction of a 2.2 percent gross domestic product growth rate. The BCC explained the less rosy outlook to […]

Britain’s Budget Office Forecasts Inflation To Outpace Income Growth

AHN News Staff London, England, United Kingdom (AHN) – Britain’s Office for Budget Responsibility warned Monday that the country’s inflation rate would likely outpace income growth over the next two years. The OBR forecasts 2011 inflation rate at 2.8 percent, while average earnings will rise by only 2.2 percent. The higher Consumer Price Index outlook […]

Share Prices Of British Banks Dip On News Of Call For Irish Election

AHN News Staff Dublin, Ireland, United Kingdom (AHN) – British banks lost a lot of money Tuesday because of the news that the Green party called for a general election in Ireland by end of January. The call for election sparked fears that the government of Prime Minister Brian Cowen might collapse before the $105 […]

Osborne Pledges $10.5 Billion Assistance To Ireland

AHN News Staff Brussels, Belgium (AHN) – Despite Ireland’s insistence that Dublin still has sufficient cash and does not need an international bailout now, British Chancellor George Osborne pledged Wednesday to provide Ireland with $10.5 billion (GBP7 billion) in assistance. Ireland is a part of the United Kingdom, but Britain has other reasons to extend […]

Britain Plans To Make All 26 Million Homes Green In Next 10 Years

AHN News Staff London, England, United Kingdom (AHN) – British Energy and Climate Change Secretary Chris Huhne announced Tuesday a plan that would make all 26 million homes in the country green over the next 10 years. Under the New Green Deal, local councils, supermarkets and chain stores would extend loans up to $15,000 (10,000 […]

Unemployment Fear Spurs More Britons To Save

AHN News Staff London, England, United Kingdom (AHN) – More Britons are savings larger amounts of money, according to the survey of National Savings & Investments released Monday. The study attributed the growing savings habits of Britons to fears of unemployment. According to the annual savings survey, 52 percent of the country’s population saves money. […]

Sainsbury’s Eyes China Foray

AHN News Staff London, England, United Kingdom (AHN) – Major British supermarket chain Sainsbury’s said on Sunday it is considering opening outlets in China. The company sent last month six representatives to look into the business potentials of opening stores in the Asian nation with a very large consumer market. It would be Sainsbury’s first […]

Penny Stock Brokers

Penny Stock Brokers are people who handle your online broker accounts. Usually when you open broker accounts you may receive reports as well as have access to a wide range of features. Penny stocks are shares of companies that investors trade for less than $5.