Consumer Goods & Retail

UPDATE 1-HBOS sells stake in Rightmove for 59 mln stg 8:26am EDT

LONDON, May 16 (Reuters) - HBOS Plc , Britain's biggest mortgage lender, said on Friday it has sold its remaining 13 percent stake in property website operator Rightmove for 59.2 million pounds ($115.2 million). Full Article

UPDATE 2-Kinepolis tickets sales fall, fine weather blamed 8:25am EDT

BRUSSELS, May 16 (Reuters) - Belgian cinema operator Kinepolis reported a fall in ticket sales from April to mid-May as good weather kept people outdoors, after a sharp first-quarter rise, but it said the second quarter would be "moderately positive". Full Article

UPDATE 1-HBOS sells stake in Rightmove for 59 mln stg 8:22am EDT

More Consumer Goods & Retail Articles

UPDATE 3-Ladbrokes profits rise on soccer betting, FOBTs 8:03am EDT

(Adds detail on FOBT gross win, Tote comment, updates shares) Full Article

UPDATE 1-Rothmans profit rises but cigarette shipments down 7:56am EDT

TORONTO, May 16 (Reuters) - Rothmans Inc , Canada's No 2 cigarette maker, said on Friday fourth-quarter profit rose 16.7 percent on the back of lower-price products, but shipments were down as contraband sales continued to chip away at the company's market share. Full Article

UPDATE 1-Abercrombie & Fitch posts higher 1st-qtr profit 7:23am EDT

NEW YORK, May 16 (Reuters) - Teen apparel retailer Abercrombie & Fitch Co reported higher quarterly profit on Friday, helped by stronger sales in all its chains and better gross profit. Full Article

Rothmans profit up 16.7 percent, declares dividend 7:19am EDT

TORONTO, May 16 (Reuters) - Fourth-quarter profit at Rothmans Inc rose 16.7 percent, Canada's No 2 cigarette maker said on Friday, as it grew in the domestic market. Full Article

Abercrombie & Fitch posts higher profit 7:31am EDT

NEW YORK (Reuters) - Teen apparel retailer Abercrombie & Fitch Co reported higher quarterly profit on Friday, helped by stronger sales in all its chains and better gross profit. Full Article

Peking Duck restaurant Quanjude eyes expansion 6:57am EDT

SHANGHAI, May 16 (Reuters) - China Quanjude (Group) Co , which operates a chain of Peking Duck restaurants, envisages eventually expanding to as many as 300 outlets, up from about 80 now, an official said on Friday. Full Article

UPDATE 1-Macy's to have FAO Schwarz boutiques in stores 6:33am EDT

NEW YORK, May 16 (Reuters) - Macy's Inc and FAO Schwarz said on Friday they signed an agreement under which the specialty U.S. toy retailer's toy stores will be opened in about 685 Macy's locations over the next two years. Full Article

Market Update

Exchanges and Trading Summit

Execs defend humans in high-tech markets Friday, 9 May 2008 08:04pm EDT

NEW YORK (Reuters) - The heads of the world's biggest stock exchanges agree there is still room for the "human element" in a high-speed trading environment that has aggressively gone electronic. Full Article

NASDAQ OMX backs Paulson rules blueprint

New trading platforms challenge LSE