Tag Archives: terror

Next sales on target as online business outperforms

Total sales at the clothes retailer between 1 August and 24 December rose 3.1% compared with a year earlier, ignoring the effect of rising VAT.Next Directory sales grew 16.9%.
But its High Street business, which sees some two-thirds of sales, recorded a 2.7% fall, sending Next’s share price 4.3% lower in early London trading.Next has seen its share price rise 39% over the past 12 months, easily outperforming a 5% fall in the broader FTSE 100 index.Shares in some other big retailers also fell in the wake of Next’s announcement, which was the first trading update of the year from a major High Street chain.

Home Retail Group – owner of Homebase and Argos – dropped 4.7%, while car accessories chain Halfords was down 3%.
Profit margins
Next reconfirmed its full-year profits forecast at £565m, narrowing the range to plus-or-minus £7m.
The total sales growth figure of 3.1% was in the middle of its previous guidance of 2.5% to 4%, despite the “slightly disappointing” numbers from its 500 stores.

Next expressed uncertainty in its statement as to why the High Street performance had been so weak, particularly considering that last year’s sales had been hurt by cold weather.One possibility cited in its statement was its long-standing policy of not cutting the price of its products in the run-up to Christmas.

“Next’s own admission of disappointment is a setback to its hitherto robust growth story,” said Richard Hunter, head of equities at brokerage Hargreaves Lansdown.

“The fact that the company did not discount its products in the approach to Christmas may have been a factor, whilst the more general consumer malaise has yet to be corroborated by updates from its rivals.

“In addition, higher sales do not necessarily translate to higher profits, so the fact that the company has been able to maintain operating margins may yet play into its hands.”

Richard Perks, analyst at research firm Mintel, confirmed this view.

“These figures from Next are really pretty good I think,” he told the BBC.

“OK, Next may be – in sales terms – held back by the fact that it wasn’t discounting, but in profit terms it will be a lot better off.”

Mr Perks said he was optimistic about retail sales across the UK – predicting a 4% rise in December.

“People are reluctant to cut back any more on retail, and are cutting back elsewhere, particularly on leisure,” although he added that the rising cost of food was still crimping spending.

Next said it was cautiously optimistic about its end of season sales – which began after the end of its latest reporting period – and expected results to be slightly ahead of budget.

The retailer said it expected sales this year to be helped by a probable freeze in the price of its products.

It forecast generating £200m surplus cash in the year ahead, which it said it would return to shareholders via share buybacks.

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Deadline missed for policy on detaining terror suspects


Deadline missed for policy on detaining terror suspects

In a move already drawing fire from liberal activists, aides to President Obama acknowledged the administration will miss its own Tuesday deadline to submit a report detailing its policy on detaining terror suspects.

The report is a key part of laying out the White House’s plan for shutting down the U.S. military prison at Guantanamo Bay.

In a briefing for reporters, four senior administration officials confirmed the task force dealing with detention policy has been granted a six-month extension to flesh out its plans. A separate task force dealing with interrogation policy has been given a two-month extension to submit its own report to the president. The reports had been mandated to be completed this week by executive orders the president signed during his first week in office.

Meanwhile, the task force did issue a preliminary report late Monday regarding the process of determining whether suspected terrorists will be prosecuted in federal courts or military commissions. However, the memo gave few details, instead reiterating the administration’s intent to reform the military commissions and affording basic protections for detainees.

Despite the delays, the four senior officials insisted the Obama administration is making strong progress in resolving the thorny legal issues surrounding the 240 terror suspects that were detained at Guantanamo as of January of this year, and is still on track to shut the prison down next January as spelled out by executive order.

“I think we’re all comfortable with where we are in the process,” one senior administration official said of shutting the controversial prison.

A second senior administration official said it is the administration’s “goal” to still shut the prison. When pressed by reporters on whether this was a softening of the promise to actually close the prison down, this official insisted there has been no change and the administration is still planning to comply with the executive order.

This second official downplayed the delays in finishing the reports. “We wanted to get this right,” said the official. “We wanted to do this carefully.”

But officials at the American Civil Liberties Union criticized the delay in the release of the report on detainee policy in particular, noting Obama officials have also left the door open to holding some Guantanamo detainees indefinitely without charge or trial.

“The Obama administration must not slip into the same legal swamp that engulfed the Bush administration with its failed Guantanamo policies,” said Anthony Romero, the ACLU’s executive director. “Any effort to revamp the failed Guantanamo military commissions or enact a law to give any president the power to hold individuals indefinitely and without charge or trial is sure to be challenged in court and it will take years before justice is served.”

Romero added, “The only way to make good on President Obama’s  promise to shut down Guantanamo and end the military commissions is to charge and try the detainees in established federal criminal courts. Any effort to do otherwise will doom the Obama administration to lengthy litigation. A promise deferred could soon become a promise broken.”

But a third senior administration official insisted the White House is making good progress in dealing with all the terror suspects being held at Guantanamo. This third official told reporters the administration is “over halfway through reviewing the detainees at Guantanamo” by either transferring them to other countries or moving toward putting them on trial for prosecution.

This third official said that “substantially more than 50” of the detainees are prepared for transfer, while a “significant number” are being prepared for prosecution.

A fourth senior administration official said the White House is making “great progress” in getting European countries like Italy to publicly agree to take on some detainees. The official said other European countries have privately agreed to take detainees, but will not publicly discuss it yet.

“In the weeks and months ahead we will build on that strong foundation,” said the official.  Senate Minority Leader Mitch McConnel criticized the administration for announcing its intent to shutter the Guantanamo prison “before it actually had a plan.”

“Bipartisan majorities of both houses and the American people oppose closing Guantanamo without a plan, and several important questions remain unanswered,” he said.

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Indonesian police confirmed that the threat of terrorism is still a warning shot dead Noordin


Indonesia’s police chief at a news conference to display Noordin the fingerprint comparison.

Indonesian police confirmed that the threat of terrorism is still a warning shot dead Noordin

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Xinhua BEIJING, September 18, according to the British Broadcasting Corporation reported that the Indonesian police chief Danu Li (Bambang Hendarso Danuri) 17 confirmed the Indonesian terrorist leader wanted Noordin • Toop (Noordin Mohamed Top) in a police side attack was shot dead.

The police described the Noordin al-Qaeda leader in Southeast Asia over the past nine years has been on the run.

Indonesian President Susilo Bambang Yudhoyono described the killing Noordin • Toop is a “significant victory”, but warned that the terrorist threat still.

Noordin be considered in the planning of a series of bomb attacks in Indonesia, including this year in July an attack on two hotels in Jakarta.

Last month, Indonesian authorities had announced Noordin were killed in a gun battle. However, subsequent DNA testing to prove people are not killed by Noordin.

Indonesia’s police chief told reporters that there was fingerprint evidence Noordin have been killed in the police attack, one of the four armed terrorists.

According to Indonesian media reports, local police in rounding up a large claw-watt operation killed at least four suspected terrorists.

Reported that the officers searched the outside Solo City, is believed to be a militant base houses. Witnesses said they heard the houses heard the explosions and gunfire.

Noordin, a confidant of urba also been killed, but not yet received the confirmation message.

Thursday (September 17) in the round-up operations and the capital, Jakarta Ritz-Carlton Hotel and Marriott Hotel bombings exactly two months apart.

The second bomb attack killed nine people were killed and injured public.

Subsequently Noordin has been the Indonesian police to hunt down. August 8, the police through 17 hours of fierce fighting, killed after claiming Noordin, but soon admitted that he had again escaped.

Indonesian authorities believe Noordin was instigated in 2002 and 2005 Bali bombings two behind. A total of two Bali bombings that killed 202 people.

Noordin is also believed to be an armed organization “Jemaah Islamiyah” important patrons. However, he seems to have established a branch of his own.

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