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Tag: JP Morgan

Tag Archives: JP Morgan

26Mar/15

H&M braces for dollar headwinds

March 26, 2015FinanceBanking, Business/Finance, Finance, financial services, Germany, Global Market Strategist, H & M Hennes & Mauritz AB, H&M, House of Morgan, JP Morgan, JPMorgan Chase, JPMORGAN CHASE & CO., Kerry Craig, Primary dealers, Sweden, United Statessmbale

(BVO) – Sales at Sweden’s H&M continue to soar.

The budget fashion retailer beat expectations in the first-quarter delivering pre-tax profits of $551 million dollars.

Sales in local currencies rose 15 percent.

But a strong dollar is causing problems – pushing up costs for the world’s second largest fashion retailer and others.
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25Mar/15

Telefonica finalise £10bln sale of O2

March 25, 2015Finance3, Brazil, British brands, BT Ireland, CK Hutchison Holdings, Companies, Germany, Hutchison Whampoa, JP Morgan, Kerry Craig, Li Ka, O2, Orange Austria, Orange S.A., Spain, Telecommunications, Telecommunications in the Republic of Ireland, Telefónica, United Kingdomsmbale

(BVO) – Negotiations to buy Britain’s O2 have been going on since January.

Now a deal looks certain.

Spain’s Telefonica, owners of O2, have agree to sell to Hong Kong listed Hutchison Whampoa for 10.25 billion pounds.
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