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Chase Bank Limits Cash Withdrawals, Bans International... Before you read this report, remember to sign up to http://pennystockpaycheck.com for 100% free stock alerts Chase Bank has moved to limit cash withdrawals while banning business customers from sending...

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Richemont chairman Johann Rupert to take 'grey gap... Billionaire 62-year-old to take 12 months off from Cartier and Montblanc luxury goods groupRichemont's chairman and founder Johann Rupert is to take a year off from September, leaving management of the...

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Cambodia: aftermath of fatal shoe factory collapse... Workers clear rubble following the collapse of a shoe factory in Kampong Speu, Cambodia, on Thursday

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Spate of recent shock departures by 50-something CEOs While the rising financial rewards of running a modern multinational have been well publicised, executive recruiters say the pressures of the job have also been ratcheted upOn approaching his 60th birthday...

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UK Uncut loses legal challenge over Goldman Sachs tax... While judge agreed the deal was 'not a glorious episode in the history of the Revenue', he ruled it was not unlawfulCampaign group UK Uncut Legal Action has lost its high court challenge over the legality...

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Continental Resources Group, Inc. (CRGC: OTC Link/FINRA BB) | Deleted Symbol

Category : Stocks

Mon, Mar 04, 2013 12:00 – Continental Resources Group, Inc. (CRGC: OTC Link/FINRA BB) – Deleted Symbol – As of Mon, Mar 04, 2013, CRGC is no longer a valid symbol. You may find a complete list of deleted symbols at otcmarkets.com.

Read this article: Continental Resources Group, Inc. (CRGC: OTC Link/FINRA BB) | Deleted Symbol

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Shortly after Delta Air Lines (DAL) purchased a Pennsylvania refinery in an effort to cut fuel costs, United Continental (UAL) apparently was exploring a similar move with a Texas refinery. UAL says that while it has mulled purchasing a refinery and…

Category : World News

Shortly after Delta Air Lines (DAL) purchased a Pennsylvania refinery in an effort to cut fuel costs, United Continental (UAL) apparently was exploring a similar move with a Texas refinery. UAL says that while it has mulled purchasing a refinery and may do so in the future, it’s not in the current plan. 1 comment!

Read more: Shortly after Delta Air Lines (DAL) purchased a Pennsylvania refinery in an effort to cut fuel costs, United Continental (UAL) apparently was exploring a similar move with a Texas refinery. UAL says that while it has mulled purchasing a refinery and…

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Continental Coal Ltd (CGFAY: OTC Link) | Preliminary Results

Category : World News

Sun, Sep 02, 2012 10:29 – Continental Coal Ltd (CGFAY: OTC Link) released their Preliminary Results concerning Preliminary Final Report. To read the complete report, please visit: https://www.otciq.com/otciq/ajax/showFinancialReportById.pdf?id=89872.

Excerpt from: Continental Coal Ltd (CGFAY: OTC Link) | Preliminary Results

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Continental Coal Ltd (CGFAY: OTC Link) | Home Country News Release – Results of General Meeting of Shareholders

Category : World News

Continental Coal Ltd has filed a Home Country News Release – Results of General Meeting of Shareholders To view the full release click here (link to PDF).

More: Continental Coal Ltd (CGFAY: OTC Link) | Home Country News Release – Results of General Meeting of Shareholders

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Continental Coal Ltd (CGFAY: OTC Link) | Home Country News Release – Maiden Inferred Coal Resource in Botswana

Category : Stocks, World News

Continental Coal Ltd has filed a Home Country News Release – Maiden Inferred Coal Resource in Botswana To view the full release click here (link to PDF).

See the rest here: Continental Coal Ltd (CGFAY: OTC Link) | Home Country News Release – Maiden Inferred Coal Resource in Botswana

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No mercy is shown to Netflix ([[NFLX]] -21.5%) after the company’s Q2 DVD sub losses exceed its domestic streaming gains, and its guidance for a 1M-1.8M Q3 increase in domestic streaming subs makes full-year guidance for 7M 2012 adds look dubious….

Category : Stocks, World News

No mercy is shown to Netflix (NFLX -21.5%) after the company’s Q2 DVD sub losses exceed its domestic streaming gains, and its guidance for a 1M-1.8M Q3 increase in domestic streaming subs makes full-year guidance for 7M 2012 adds look dubious. Netflix’s guidance for another 600K-900K DVD subscriber losses was also uninspiring. Nonetheless, Netflix says it’s driven to expand into continental Europe, even if it wipes out near-term profits. (transcript) Post your comment!

Go here to read the rest: No mercy is shown to Netflix ([[NFLX]] -21.5%) after the company’s Q2 DVD sub losses exceed its domestic streaming gains, and its guidance for a 1M-1.8M Q3 increase in domestic streaming subs makes full-year guidance for 7M 2012 adds look dubious….

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Continental Coal Ltd (CGFAY: OTC Link) | Home Country News Release – Notice of General Meeting

Category : Stocks, World News

Continental Coal Ltd has filed a Home Country News Release – Notice of General Meeting To view the full release click here (link to PDF).

See original here: Continental Coal Ltd (CGFAY: OTC Link) | Home Country News Release – Notice of General Meeting

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Poundland profits up 27% as squeezed shoppers try to save money

Category : Business

Chain opens 400th store and plans more in continental Europe

An influx of squeezed middle-class shoppers has propelled profits at Poundland 27% higher, as the discounter – which sells everything from Fairy washing up liquid to Nestlé After Eights for £1 – opened its 400th store.

Having opened a further 13 stores in Ireland under the Dealz name, the chain plans to double that within the year as well as plotting its first foray into continental Europe.

Jim McCarthy, the chief executive, said he suspected the proportion of AB shoppers, which made up 12% of Poundland’s customers more than a year ago, was now higher. The recession-induced penny-pinching has taken hold in the national psyche and will carry on even when the economy recovers from its four-year downturn, he believes.

“Waste of any kind has become abhorrent. In 1990 when Poundland was created there weren’t many Aldis and Lidls, TK Maxes and Poundlands. Now there are price comparison sites and people shop with their smartphones. There is definitely some structural shift going on in shopping values.”

Poundland, which sells a range of 3,000 items, including 1,000 branded goods, now serves more than 4 million customers each week, up from 3.5 million in 2010/11.

“Poundland is a great business in good times, and a good business in times of tough economic conditions. We have the benefit of those who choose to shop with us, and those who need to shop with us,” said McCarthy.

Turnover at the chain, which is owned by the private equity house Warburg Pincus, climbed 21.6% to £780m in the 53 weeks to 1 April, lifting underlying earnings 26.5% to £40.1m. Like-for-like sales were up 2.3%. Sales of essentials such as food and drink along with household goods and health and beauty products have been strongest, discretionary items less so – apart from affordable treats such as confectionery. Poundland sold more than 6m boxes of Maltesers, 2m umbrellas, more than 2.5m CDs and 500,000 garden gnomes during the past year. In good times, up to 40% of sales are impulse purchases; during a recession that figure falls to about 30%.

A new warehouse will open in Hoddesdon, Hertfordshire, next month in addition to Poundland’s two Midlands warehouses and is expected to reduce fuel costs.

The West-Midlands-based retailer opened 62 new stores during the past year, including its largest to date with 1,200 sq metres (13,000 sq ft) of shop space in Wolverhampton, and plans to keep expanding at this rate until it reaches 1,000 shops. Stores are also getting bigger – McCarthy believes sales have benefited from wider aisles in the larger shops, which enable shoppers to spot products more easily.

While most of its new store openings are still on the high street, Poundland has been one of the fastest-growing chains in out-of-town shopping malls and now operates in just over 20 retail parks.

It has also set its sights on continental Europe, and has drawn up a shortlist of countries where it wants to launch, although this is not imminent. The discounter will use the Dealz name under which it trades in Ireland, as this has proven popular in consumer research with continental shoppers too. “Euroland” might have been the obvious choice – but “we found that consumers are not happy with anything associated with the euro in Ireland and continental Europe,” said McCarthy.

Continental Coal Ltd (CGFAY: OTC Link) | Home Country News Release – Option secured over operating Colombian Coking Coal Mine

Category : Stocks

Continental Coal Ltd has filed a Home Country News Release – Option secured over operating Colombian Coking Coal Mine To view the full release click here (link to PDF).

Link: Continental Coal Ltd (CGFAY: OTC Link) | Home Country News Release – Option secured over operating Colombian Coking Coal Mine

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Bullet Holding Corporation Announces Transfer of 4,372,708 Common Shares of Continental Gold Limited

Category : Stocks

MEDELLIN, COLOMBIA–(Marketwire – April 20, 2012) - Bullet Holding Corporation (“Bullet“) announces that effective April 20, 2012, Robert W. Allen caused Bullet to transfer a total of 4,372,708 common shares of Continental Gold Limited (“Continental Gold“) pursuant to private transactions with third parties. Continental Gold Limited is a reporting issuer in Canada with common shares listed on the Toronto Stock Exchange under the trading symbol, “CNL”. Robert W. Allen is the Chairman and a director of Continental Gold, and Mr. Allen controls Bullet.

Read more: Bullet Holding Corporation Announces Transfer of 4,372,708 Common Shares of Continental Gold Limited

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