Tim Martin, chairman of JD Wetherspoon, discusses the company's earnings and whether people are drinking in pubs, or opting to buy alcohol from the supermarket.
Barry Stowe, CEO, Asia, Prudential, says Prudential's long-term focus is what helped the firm stay afloat amid challenging economic conditions. The group's Asia business delivered strong results for 2013, with operating profits up 16 percent.
John Slosar, Chairman at Swire Pacific, speaks to CNBC about the earnings of its core businesses, and focused on the property sector after profits from its property division declined in 2013.
LONDON, March 13- Britain's Wm Morrison Supermarkets sparked fears of an industry price war on Thursday after it posted its lowest profit for five years and said it would invest 1 billion pounds in price cuts over three years to win back customers.
HONG KONG, March 13- Ping An, China's second largest insurer by market value, posted an albeit lower than expected 40.4 percent rise in annual earnings on Thursday, as investment income surged on the back of a recovery in China's stock market. Ping An Insurance Group Co of China Ltd made a net profit of 28.15 billion yuan in the year ended Dec. 31.
BERLIN, March 13- German automaker Volkswagen will reinforce steps to boost earnings in coming years as its long-planned target to increase sales to over 10 million cars a year is almost met.
GOODLETTSVILLE, Tenn.-- Dollar General's profit during the fourth-quarter was curtailed by harsh winter storms that have affected the entire retail sector, but it also issued a weak outlook for this year and shares slipped in premarket trading.
LONDON, March 13- Britain's Wm Morrison Supermarkets sparked talk of an industry price war on Thursday after it posted its lowest profit for five years and said it would invest 1 billion pounds in price cuts over three years in a bid to recover.
Some of the names on the move ahead of the open.
March 13- Canadian tour operator Transat AT Inc reported a bigger quarterly loss as a weak Canadian dollar pushed up operating expenses. Net loss widened to C $25.6 million, or 60 Canadian cents per share, in the first quarter ended Jan. 31, from C $15.1 million, or 56 Canadian cents per share, a year earlier. Revenue rose 5.2 percent to C $847.2 million.
March 13- China- based Hanwha SolarOne Co Ltd posted a much smaller fourth-quarter loss as solar panel shipments rose sharply and prices improved. The company's net loss narrowed to $3.6 million, or 4 cents per American Depositary Share, in the quarter ended Dec. 31, from $107.6 million, or $1.27 per ADS, a year earlier. Net revenue rose 60 percent to $213.9 million.
Christoph Franz, CEO of Deutsche Lufthansa, comments on the group's better-than-expected results, but warns that it continues to face headwinds such as the "slight" European recovery and fuel prices.
Mario Greco, CEO of Assicurazioni Generali, says he is pleased with the company's major restructuring in Italy.
Bob Kunze-Concewitz, CEO of Gruppo Campari, says the company bought a great brand when it acquired Canada's Forty Creek Distillery.
Britain's fourth biggest grocer Wm Morrison posted its lowest profit in five years, slashed expectations going forward and said it plans to sell off one billion pounds ($1.66 billion) of its 9 billion pound property portfolio.
Jacques Gounon, CEO of Groupe Eurotunnel, says bad weather in the first half of 2014 has helped the company as British travelers see the channel crossing as a "safe" way in to western Europe.
March 12- Empire Co Ltd, the operator of Canadian grocery chain Sobeys, reported a steep fall in quarterly profit, hurt by higher inventory losses and higher costs due to a weaker Canadian dollar. Net earnings fell to C $40,000, or nil Canadian cents per share, in the third quarter, ended Feb 1, from C $74.1 million, or C $1.09 per share, a year earlier.
March 12- Doughnut retailer and wholesaler Krispy Kreme Doughnuts Inc raised its full-year earnings per share forecast and said it would buy back $30 million more of its shares.
COLUMBUS, Ohio-- Clothing and accessories chain The Express Inc. said Wednesday its fourth-quarter net income fell 25 percent as the company marked down more goods than expected to move merchandise. Net income for the three months ended Feb. 1 fell to $47.9 million, or 57 cents per share. That compares with net income of $63.9 million, or 75 cents per share, a year ago.
March 12- U.S. railroad CSX Corp warned first-quarter earnings would be hit by about 10 cents per share as a severe winter hit operations and volumes. The company expects full-year earnings to grow at a more modest rate than previously forecast, Chief Financial Officer Fredrik Eliasson said at a JP Morgan conference in New York City on Wednesday.