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Fashion Jobs
H&M
Regional Data Privacy Manager - Region North
Permanent · Stockholm
H&M
Security Software Engineer With Warehouse Security Background
Permanent · Stockholm
H&M
Accounting Business Expert
Permanent · Stockholm
H&M
Strategic Buyer For Customer Packaging
Permanent · Stockholm
H&M
Solution Architect in Partner Connectivity Team Within Business Tech
Permanent · Stockholm
H&M
Business Analysts With Business Intelligence Competence to Group Expansion, h&m
Permanent · Stockholm
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Product Owner to Fulfilment Center Operations
Permanent · Stockholm
H&M
Product Owner – Global Customer Analytics
Permanent · Stockholm
H&M
Technical Product Owner to Customer Engagement
Permanent · Stockholm
H&M
Legal Counsel to Regulatory & Compliance
Permanent · Stockholm
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Product Owner to Finance, h&m Group
Permanent · Stockholm
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Technical Product Owner For Decoupling & Microservices
Permanent · Stockholm
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Product Owner - ai Foundation, Customer ai
Permanent · Stockholm
H&M
Business Application Specialist
Permanent · Stockholm
H&M
Product Area Analyst - Customer Engagement (Customer Domain @Business Tech)
Permanent · Stockholm
H&M
Product Analyst to h&m Business Tech - Customer Domain
Permanent · Stockholm
H&M
Product Owner - Web Checkout Portfolio Brands
Permanent · Stockholm
H&M
Product Owner - Web Checkout
Permanent · Stockholm
H&M
Design Operations Manager, Brand Services
Permanent · Stockholm
H&M
Business Controllers to Group Expansion
Permanent · Stockholm
H&M
Tech Lead/Software Engineer to in Store Stock Optimization
Permanent · Stockholm
H&M
Communication Manager to Customer Activation & Marketing Nordics (1 Year Contract)
Permanent · Stockholm
By
Reuters
Published
Dec 3, 2008
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Hot small caps: JJB hit by probe into Sports Direct stake

By
Reuters
Published
Dec 3, 2008

LONDON - Following is a round-up of key small cap movers on the London stock market on Wednesday, December 3rd 9:50 a.m. - JJB hit by probe into Sports Direct stake.



Shares in sporting goods retailer JJB Sports slump 23 percent to 11.5 pence, taking their losses this week to over 50 percent, after Britain's consumer affairs watchdog said on Tuesday it planned to investigate rival Sports Direct's decision to buy a stake in the business.

"The investigation creates the possibility that stakes held by Sports Direct and JD Sports Fashion might have to be sold, creating an overhang," says Altium Securities analyst David Stoddart, cutting his price target to 10 pence from 32 pence and his rating to "sell" from "buy."

9:15 a.m. - HMV falls; HSBC cuts to "neutral" from "overweight"

Shares in HMV fall 9.2 percent as HSBC cuts its recommendation to "neutral" from "overweight," saying the expected bounce in sales from a strong autumn release schedule has not happened.

In a note, HSBC also points out that competitive activity remains intense, and it believes the prospects of HMV escaping the "vortex" that is Britain's Christmas 2008 are slim.

As such, the broker reduces its 2008/2009 pretax profit forecast by 19 percent, and lowers its target price to 127 pence from 155 pence.

Ahead of interim results next week, UBS also cuts its target price for HMV to 110 pence from 125 pence, while maintaining its "neutral" recommendation.

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