TFN NEWS BRIEFING: Consumer and retailing highlights to 15:45 BST |
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Wed, 02 May 2007 16:02 |
2007-05-02 15:33:30Belgian April new car registrations down 6.7 pct yr-on-yrBRUSSELS (Thomson Financial) - Belgian new car registrations were down 6.7pct in April from a year earlier, the automobile association Febiac said.2007-05-02 15:11:10London shares remain strong midafternoon, Dow gains, BSkyB up on Q3 growthLONDON (Thomson Financial) - UK blue-chips remained higher midafternoonafter a stronger opening to Wall Street, with BskyB shares gaining afterreporting better than expected subscriber growth, dealers said.2007-05-02 14:06:54H&R Block obtains mortgage financingNEW YORK (AP) - H&R Block Inc. lined up new financing for its troubledsubprime mortgage lending business, which faces a cash crunch as some of theunit's financial backers cut the company off from borrowing more money.2007-05-02 13:23:21WH Smith to open 33 travel stores at Welcome Break motorway service areasLONDON (Thomson Financial) - WH Smith PLC, the newspapers, books andstationery retailer, said it has struck a deal to open travel stores in all 33of Welcome Break's UK motorway service areas.2007-05-02 11:00:48Home Retail Group cautious on consumer spending as profits rise 12 pctLONDON (Thomson Financial) - Home Retail Group PLC said it remains cautiouson consumer spending in the face of further impending interest rate rises buthas not yet seen any impact from the three rises in quick succession since lastsummer.2007-05-02 10:23:36BROKER CALL - Hong Kong-listed TCL Multimedia faces new challenges - GoldmanHONG KONG (XFN-ASIA) - TCL Multimedia Technology Holdings Ltd faces newchallenges despite the shutdown of unit TTE Corp which reduced operating risksrelated to the group's business in Europe, Goldman Sachs said.
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