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first_imgCarpetright – which has a branch on the Port Road in Letterkenny –  has issued its second profits warning of the year in a further blow for the floor coverings firm as it battles weak consumer confidence.The retailer’s shares dived 7% following the warning that profits for the year to the end of this month were likely to be no better than the level achieved in the 2008/09 financial year, when it made a surplus of £17m (€19.4m).It has seen no let-up in grim trading conditions as households put off major purchases in the current uncertain economic climate. The low level of mortgage approvals and VAT’s rise to 20% have also impacted the firm, which is the UK’s biggest floor coverings retailer. Carpetright downgraded expectations at the start of February, prompting analysts to reduce forecasts from £26 (€29.6m) to around £20m (€22.8m).It added today: “Since the date of that statement, difficult trading conditions have persisted in the UK and Ireland, with fragile consumer confidence producing a weak floor coverings market.”Carpetright has 574 outlets in UK and Ireland and a further 120 in the Netherlands and Belgium.Freddie George, a retail analyst at Seymour Pierce stockbrokers, reiterated his sell rating on the stock following today’s update. He added: “While Carpetright has the cash generation to ride out this recession and has a dominant market position, the next 12 months is unlikely to be easy and the outlook could even deteriorate further if, as seems likely, interest rates are increased in the second quarter.”PROFITS WARNING AT CARPET RETAILER was last modified: April 7th, 2011 by gregShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window)last_img read more

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first_img 160Want local news?Sign up for the Localist and stay informed Something went wrong. Please try again.subscribeCongratulations! You’re all set! Just when it looked as though the playoff picture might remain muddled for days, everything was settled on the final afternoon of the regular season. The Boston Red Sox and Houston Astros wrapped up the wild cards Sunday, clinching the final two major league playoff spots. All the matchups were set for the 2005 postseason, starting Tuesday with the National League West champion San Diego Padres playing in St. Louis at 10:09 p.m. PDT. Houston will open Wednesday in Atlanta against the NL East champion Braves, coming off their 14th consecutive division title. It’s a rematch of their first-round series last year, won by Roger Clemens and the Astros in five games. “I’m very thankful. It was some rocky roads, roller-coaster rides throughout the season,” pitcher Andy Pettitte said after a 6-4 victory over the Cubs allowed Houston to finish one game ahead of Philadelphia. The Phillies did all they could to force a tiebreaker playoff, beating Washington 9-3 for a weekend sweep, but still fell short. Curt Schilling, Manny Ramirez and the Red Sox earned the American League wild-card berth for the third consecutive season, the same spot that started them toward their first World Series championship in 86 years. In fact, a wild-card team has won the past three titles. The defending champs clinched when Cleveland, the only other team that had a shot at the wild card, lost 3-1 at home to the White Sox, who swept the three-game series. The defeat concluded a crushing final week for the young Indians (93-69), who dropped six of their last seven games. “We ended like we started,” closer Bob Wickman said in a somber Cleveland clubhouse. “We came up one game short. But the guys should be very proud of what they’ve accomplished.” Boston’s first-round series against the AL Central champion White Sox starts Tuesday at 1:09 p.m. in Chicago. The White Sox finished with the best record in the league at 99-63 and will be trying to win their first postseason series since the 1917 World Series. last_img read more

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first_imgANAHEIM, Calif. (AP) — The Montreal Canadiens rested star goalie Carey Price against powerful San Jose this week, allowing him to go for the franchise wins record against struggling Anaheim instead.Judging from the snowman they put on the scoreboard, the Ducks took it personally.Adam Henrique scored twice, rookie Troy Terry had a goal and two assists, and the Ducks interrupted Price’s pursuit of Jacques Plante’s mark with an 8-2 thrashing of the Canadiens on Friday night.Corey Perry and Devin Shore had a goal and an assist apiece during the Ducks’ highest-scoring performance of their miserable season. Doing it against a rested Price made the moment even more satisfying for the Ducks, who believe they’re far better than the team that just emerged from two terrible months on the brink of elimination from the playoff race.“They saved him for tonight, so we kind of took that as a challenge,” Henrique said. “You never want to be the team that somebody thinks they can come into your building and win.”Montreal Canadiens’ Victor Mete, right, moves the puck as Anaheim Ducks’ Troy Terry defends during the second period of an NHL hockey game Friday, March 8, 2019, in Anaheim, Calif. (AP Photo/Jae C. Hong)Daniel Sprong and Rickard Rakell also scored and John Gibson made 35 saves for the Ducks, who have won three of four for only the second time since mid-December. Rookie Max Jones even scored his first NHL goal with 10.4 seconds to play.“We’ve put ourselves in quite a spot, but all we can focus on is the present,” said Cam Fowler, who became the Ducks’ career scoring leader among defensemen with an assist.Okay, we see you @AdamHenrique. ? pic.twitter.com/KZFOAbZhHL— NHL (@NHL) March 9, 2019Shea Weber had a power-play goal and an assist for the Canadiens, who have lost five of eight. Paul Byron also scored and Price stopped 21 shots as Montreal completed a three-game California road swing with two losses while giving up a whopping 14 goals.After getting a rare night off Thursday against the Sharks, Price was in position to become the winningest goalie in the Canadiens’ storied history after tying Plante’s record with his 314th win Tuesday in Los Angeles. Instead, Price gave up eight goals in a game for the first time this season behind his befuddled defense.At least now the 31-year-old former NHL MVP will get the chance to reach the mark in front of his Montreal fans on Tuesday against the Red Wings.“I think it’s going to sting for a little bit here,” Weber said. “We are fortunate we have some time to digest it and get a little work in before Tuesday, because that was obviously not good enough.”Anaheim Ducks’ Troy Terry, center, is congratulated by Cam Fowler, left, and Adam Henrique after he scored a goal against Montreal Canadiens goaltender Carey Price during the second period of an NHL hockey game Friday, March 8, 2019, in Anaheim, Calif. (AP Photo/Jae C. Hong)This blowout loss stalled the Canadiens’ playoff push. Montreal and Carolina are in the two Eastern Conference wild-card spots with 79 points apiece — but the Hurricanes and ninth-place Columbus Blue Jackets, who have 77 points, both have two games in hand on the Habs.“I think tonight was one of those nights where we dug ourselves a hole, and again, we didn’t seem to be on our game,” Montreal coach Claude Julien said. “A lot of things didn’t pan out tonight for us because of our play. … The biggest thing right now is that the last couple of weeks we have been on the road. I think it’s cumulative of all that stuff and it kind of caught up with us there.”Weber trimmed Anaheim’s lead to 3-2 in the second period with the Canadiens’ first power-play goal in seven games since Feb. 23, but Terry and Perry scored later in the second.Fowler passed Scott Niedermayer with his 265th career point when Terry redirected his shot for a goal. Fowler has spent his entire nine-season NHL career in Anaheim, cracking the roster as an 18-year-old in 2010 and immediately becoming a dependable part of the Ducks’ core.In his 17th NHL game, Jones got his first goal in the waning seconds.“The amount of chances I had was ridiculous,” Jones said. “It was unbelievable. To finally get that was a sigh of relief.”NOTES: Anaheim scored at least eight goals for the fifth time in franchise history. … Ducks C Ryan Kesler was a late scratch with a hip injury. He missed much of last season while recovering from hip surgery, and has scored just eight points while playing in 60 games this season, including the 1,000th of his NHL career Tuesday at Arizona. The 34-year-old Selke Trophy winner has three seasons and $20,625,000 left on his contract. … Montreal forward Tomas Tatar sat out with the flu, and D Brett Kulak was scratched for the first time in 33 games since Dec. 20. Jesperi Kotkaniemi was back in the lineup, and D Mike Reilly returned from a five-game absence. … Sprong was born in the Netherlands, but his family moved to the Montreal area when he was 7 years old to further his hockey development.UP NEXTCanadiens: Host the Detroit Red Wings on Tuesday night.Ducks: Host the Los Angeles Kings on Sunday night.By:Greg Beachem, AP Sports WriterTweetPinShare0 Shareslast_img read more

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