Woolworths Sees Fifth Year Of Losses At Home Improvement – Bloomberg

Five consecutive years of losses at the home improvement unit through 2016 will make it harder for Chief Executive Officer Grant OBrien to restore annual earnings growth of more than 10 percent, which Woolworths achieved for 11 consecutive years to 2010. The chain will likely post A$2.45 billion in net income in annual results due Aug. 29, an 8.6 percent increase from a year earlier, according to the average of 11 analyst estimates compiled by Bloomberg. To call Masters a problem is getting way ahead of itself, OBrien said on a media call after the announcement today. http://www.bloomberg.com/news/2014-08-12/woolworths-sees-fifth-year-of-losses-at-home-improvement.html

Team Report – TAMPA BAY BUCCANEERS – Yahoo Sports

PLAYERS ACQUIRED –T Anthony Collins: UFA Bengals; $30M/5 yrs, $15M guaranteed. –G/T Oneil Cousins: UFA Browns; 1 yr, terms unknown. –C Evan Dietrich-Smith: UFA Packers; $14.2M/4 yrs. –LB Dane Fletcher: UFA Patriots; 1 yr, terms unknown. –WR Lavelle Hawkins: UFA Chargers; terms unknown. http://sports.yahoo.com/news/team-report-tampa-bay-buccaneers-194317241–nfl.html

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