why did jjb go bust?
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JJB goes into administration – with 133 shop closures and 2,200 job losses. JJB Sports, once Britain's biggest sports retailer, finally collapsed into administration last night after weeks of negotiations failed to secure the future of 133 shops and 2,200 staff.
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What happened. Shares of LyondellBasell (NYSE:LYB) slumped 17.6% in January, according to data from S&P Global Market Intelligence. The stock trended downward due to weakness in the oil market and then saw sell-offs following the publication of the company's fourth-quarter report at the end of the month.
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Joseph Cyril Bamford launched his company in his garage in 1945, welding the first of his celebrated yellow earth-moving equipment. ... But Britain's biggest private manufacturing company is facing tough times. Last year, JCB saw sales rise 30pc to a record £2.25bn, with pre-tax profits of £187m.
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JCB might make some good equipment but at least here, no one supports them very well so you don't see much of their equipment out West. Resale out here is poor. I base that on watching JCB equipment go through at auction. I think Takeuchi builds a fine excavator, the 153 is a very productive excavator.
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It is simple , because of mounting , higher percentage of NPA , when compared to other nationalised banks increasing q to q ,year to year loss,market is discounting all these factors & hence the price. ... Not jut IOB all PSU banks are going down since their Q4 results are likely to be bad.
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Investors are dumping the BP share price for two reasons. Firstly, Saudi Arabia's decision to increase its oil output has hammered the price of the black gold. All oil producers are being hurt by this decision. Secondly, the coronavirus outbreak will hit global economic growth, and that will lead to reduced oil demand.
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Unfortunately, according to SC Johnson customer service, the product has been discontinued. We think this is a mistake by the manufacturer. ... Therefore, the usage of the product suffered and subsequently lowered sales volume to the point that the manufacturer thought the consumer didn't like the product.
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JSE stocks continue to tumble. JOHANNESBURG - The rout at the Johannesburg Stock Exchange (JSE) continued on Monday as stocks tumbled when the markets opened after the South African government imposed a travel ban on foreign travellers from high-risk countries due to the coronavirus (Covid-19).
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Greed and sinister pricing techniques have jacked up the price of OSB, making it even tougher for dealers to recover in a tough market, Wally Roderick says. Everybody understands supply and demand and that pricing generally goes up with real demand.
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The drastic reduction in reverse repo rates makes it less attractive for banks to deposit excess funds with RBI. This will infuse liquidity in the market, helping businesses running short on funds due to the Coronavirus lockdown.
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JCB might make some good equipment but at least here, no one supports them very well so you don't see much of their equipment out West. Resale out here is poor. I base that on watching JCB equipment go through at auction.
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The off-price retailing giant was caught in the COVID-19 pandemic and related containment measures, which forced the closure of over 4,500 stores beginning on March 19. TJX Companies entered the disruption with solid operating momentum after having posted its 23rd consecutive year of positive sales growth in 2019.
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The reduction is explained largely by losses on the disposal of assets from the “Bad Bank” and what RBS quaintly describe as “income attrition”. The shares dropped like a stone on the news, down 8% in early trade. ... Personal & Business Banking and Commercial Banking are both performing perfectly well.
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Why JLR is losing money and how it plans to return to profit. ... In response, JLR plans to slash costs by cutting jobs and reducing its r&d budget. Falling sales have already forced JLR to lower production and reduce the size of its contract staff.
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Today, it's not even close to the biggest bank in the UK. In 2008 and 2009, after the global financial crisis brought RBS close to the brink of collapse, the British government spent £45.5 billion ($60.9 billion) in taxpayer funds to bail it out.
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Planet Fitness (PLNT) stock fell late Tuesday after the gym chain missed earnings and revenue views amid the coronavirus shutdown. The former IBD 50 stock has plunged amid the coronavirus crisis, though it has rallied from lows as lockdown measures ease.
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POSB was fully acquired by DBS Bank on 16 November 1998 for S$1.6 billion. POSB ceased to exist as a statutory board under the Ministry of Finance. The integration of both banks allowed customers of either bank to share the facilities.