A leading City analyst has warned Premier Foods that it needs to stabilise its trading fast in order to survive the next 12 months. According to Martin Deboo, analyst at Investec Securities, the manufacturer, which owns the Mr Kipling and Hovis brands, needs to secure healthy profits during 2012, after the company announced in an unscheduled trading statement last Tuesday (17 January) that it was looking to double its cost reduction target to more than £40m by 2013.Deboo said that the 20%-plus share price bounce, on what amounted to a further profit warning, supported its thesis that “it is the growing prospect of a successful refinancing not current trading that is fuelling the share price”.”But we now have H2 trading profits down by nearly 40%, relative to 30% in H1, which at the time was characterised as a (semi) annus horribilis,” he added.Premier Foods said it was looking to save costs throughout the company, partly by cutting 5% of its 12,000 strong workforce around 600 employees. It also announced it would double the marketing spend behind its eight Power Brands, including dedicated TV advertising for its Mr Kipling and Hovis brands in the first quarter of 2012.Deboo said: “The news on increased marketing investment is good, but we doubt this will pay back too quickly. The prospect of a refinancing and further disposals keeps us on board the rollercoaster.”
Tag: 夜上海论坛XJ Pochettino confident over Dier
Dier repaid the manager’s faith with a well-taken opening goal and generally impressive display in the 2-2 draw against Stoke at White Hart Lane last weekend. Pochettino believes the player’s positive performances bode well for his future development. “I made that decision from the start of pre-season, we needed to give the option to Eric Dier to play. He played well in midfield and was comfortable in that position,” said Pochettino, who takes his side to Leicester on Saturday. “He played it before in the national team, (when he was younger) in Portugal they play like a centre-back or holding midfielder – and I am very happy with his performance.” Pochettino added: “Eric’s skill is he can play in different positions in the pitch, he started last season as a full-back and scored in the first two games. “He can also play at centre-back, and it is good for him because he is young and he improves a lot. “When you play in different positions you add to your game and so gain better tools to be a better player.” Tottenham manager Mauricio Pochettino is confident Eric Dier can cut it as a defensive midfielder in the Barclays Premier League. Press Association Just where to play the England under-21 international, who was brought up in Portugal, has been the subject of much debate for both club and country. Pochettino has in both Barclays Premier League matches this season opted to deploy Dier, signed from Sporting Lisbon for £4million in 2014, in front of the back four.
DES MOINES — Two eastern Iowa legislators — both Democrats — have urged leaders to take more precautions in the state capitol to prevent the spread of Covid-19.Senator Bill Dotzler of Waterloo suggests the legislature complete its work as quickly as possible and adjourn for the year. “Our capitol is certainly a place where different viruses and colds are spread easily because people come from all over the state of Iowa, meet with us…and it’s very easy quite often stuff is transmitted through this capitol,” Dotzler says.Dotzler has suggested hand sanitizer dispensers be placed throughout the statehouse. “It might help remind some of the individuals that are out there to shake our hands that, I guess, we should probably work more toward fist bumps or elbow bumps,” Dotzler says.Senator Joe Bolkcom of Iowa City says getting the 2020 legislative session concluded quickly makes some sense. “I know across the state businesses are preparing,” Bolkcom says. “I know our universities are preparing for classes not to continue and figuring out how to finish the semester online.”Bolkcom made his comments late last week, BEFORE state officials revealed there are SEVEN presumptive positive cases of Covid-19 in Johnson County. “The capitol is a place where people from all over the state visit on a daily basis. It’s kind of an incumbator for colds and flus and potentially the spread of Covid-19,” Bolkcom says. “I hope we don’t have to deal with it.”The top Republican in the Iowa Senate says legislative leaders are talking with the governor on a regular basis and prepared to follow her recommendations.
Tag: 夜上海论坛XJ Students’ reading skills still lag
NORWALK – Three years ago, the Norwalk-La Mirada Unified School District school board vowed that nine out of 10 students would be reading at grade level by 2007. That was then, this is now, and the district has yet to reach its goal. But board members this week refused to give up on their original commitment, although members pushed back the time for meeting the goal. “We’re not going to rest until we reach nine of 10,” board member Darryl Adams said at the board’s meeting Monday night. “We’re putting out that message again. We’re serious.” The new goal set Monday is to have seven of 10 students reading at grade level by next year, eight of 10 in 2009 and nine of 10 in 2010. Ed Hengler, school board president, said the district has made some progress toward the goal. When they first set it, only two of 10 students were reading at grade level. The number is expected to be much higher this year, he added. “Hopefully, we’ll get between five and six, which is a tremendous improvement,” Hengler said. “It’s why we have to focus on the need to move ahead.” The district also has reached agreement with the Teachers Association of Norwalk-La Mirada that would require kindergarten through ninth-grade teachers to incorporate an interactive reading approach as part of the daily instruction. Hengler said the agreement with the association is important. “It creates an atmosphere of teachers understanding that we are going to continue to move ahead with the literacy goal,” he said. In the past three years, the district has put more resources and effort into teaching children to read. The district has used state grant money to put literacy coaches into schools, said Superintendent Ginger Shattuck. It also has contracted with the University of Washington to train administrators and coaches on improved instructional practices in the classroom. As teachers are trained, model lessons are being used in other classrooms, Shattuck said. [email protected] (562) 698-0955, Ext. 3022160Want local news?Sign up for the Localist and stay informed Something went wrong. Please try again.subscribeCongratulations! You’re all set!