Thursday, 29 of July of 2010

Holland’s Pies boss ’suspended’

The boss of Holland’s Pies is understood to have been suspended.

Neil Court-Johnston, who took over as managing director of the north west pies and puddings producer in 2008 and has steered the business back into the black, has not been at Holland’s main site in Baxenden, near Accrington, for over a week.

It is understood he was suspended over claims that he may have been discussing with potential investors a buyout of Holland’s from parent company Northern Foods, owner of brands including Fox’s biscuits and Goodfella’s pizzas.

Robin Walker, Northern Foods’ managing director of convenience foods, has assumed responsibility for Holland’s for the time being.

Northern Foods spokesman Andrew Hanson said: “We wouldn’t comment on matters relating to individual employees.

“Holland’s continues to operate as normal and, having been around for 160 years, the business is a team rather than about individual employees.”

Stockport-born Mr Court-Johnston has turned around Holland’s since he took the helm.

Under him the business, which has around 400 staff, has begun exporting to Spain, has expanded its ranges to include Halal products aimed at Asian takeaways, has started supplying pies and puddings via the internet and has rolled out sales to cafés, colleges, pubs and soccer stadiums.

Sales have risen during the economic downturn to over £40m as consumers have turned to value-for-money food items.

Holland’s, which was established in 1851, produces more than 80 million chilled and frozen pies, pasties and puddings each year.


Top 5 Small-Cap Stocks In The Biotechnology Industry With The Highest Return On Equity (OMPI, MRX, AOB, EBS, SSRX)

Below are the top 5 small-cap biotechnology stocks on the NASDAQ and the NYSE in terms of ROE.

Obagi Medical Products Inc (NASDAQ: OMPI) has a trailing-twelve-month ROE of 18.57%. OMPI’s quarterly earnings grew by 197.50% year-over-year.

Medicis Pharmaceutical Corp (NYSE: MRX) has a trailing-twelve-month ROE of 16.66%. MRX’s quarterly earnings growth stands at 10,651.10% year-over-year.

American Oriental Bioengineering Inc (NYSE: AOB) has a trailing-twelve-month ROE of 9.94%. AOB lost 38.90% during the past 52 weeks, while the S&P 500 rose 17.88% over the same period.

Emergent BioSolutions Inc (NYSE: EBS) has a trailing-twelve-month ROE of 9.82%. EBS

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What women want, profiting from transitions, using social media and more

By Rieva Lesonsky

Did you miss out on any of my columns this week? Here’s the rundown:

Learn how social media can boost your bottom line and more in my post on AOL Small Business.

What do women business owners need? Find out in my blog on AllBusiness.com.

What do women consumers want–and what makes them buy? Get the scoop in my blog on AT&T’s SmallBusinessInSite.

Who isn’t in transition these days? Meet two entrepreneurs who started a business helping people in transition in my post on the SCORE Women’s Success Blog.

We’re all getting older–and that spells opportunity for the franchise industry. Learn more in

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United Utilities investments may force more job cuts

The boss of United Utilities today raised the spectre of more job cuts as the north west water giant faces up to cost pressures as it embarks on a £3.6bn investment spree at the same time as cutting household bills.

Chief executive Philip Green warned it was ‘inevitable’ that the FTSE 100 company would have to look at reducing overheads over the next five years as it upgrades the region’s water and wastewater infrastructure.

The mammoth programme will support 15,000 construction jobs across the region, he said.

Around £1bn will be spent on improvements in Greater Manchester, including £100m at the Davyhulme wastewater treatment works.

Mr Green said there would be ‘literally thousands’ of smaller projects across the north west to improve the quality of the region’s beaches and rivers, and to replace pipes.

UU ann

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I Is For (Free) Information

This week, I wanted to address a question that I get asked by many small businesses. How much information is appropriate to give away for free?  

Most of us get asked to give away a fair amount of information – from information that we choose to provide (like this article) to people contacting us and asking us to answer questions for them to people blatantly meeting us and picking our brains. 

So, what’s ok to give away for free and what’s not? 

Well, the answer is that it’s very much up to you and your business. What’s ok to give away in my business isn’t necessarily right for your business and vice versa. 

I have tried both extremes – giving away lots of free information and then not giving anything away at all. What I can tell y

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