ding the partnership saw it convert the money back into pounds, crystallising losses because sterling strengthened in the meantime.It also wrote down ￡600,000 as it was forced to pay to get its tools and half-finished products back.Hornby (down 1.25p to 79p) has since broadened its supplier base to ten companies in China and India, ending its relationship with Sanda Kan, which made about 60 per cent of Hornby’s train set and Scalextric ranges. Full-year losses will now be around ￡1.2m, the company said, up from the ￡1m loss it predicted in January.But the hobbyists’ favourite said it would break even on an underlying basis and does not expect a further hit from the supply disruption.‘With the main obstacle to an improved and efficient supply chain out of the way, we expect a gradual improvement in its reliability and quality’, a spokesman for the company said.Hornby has hired former Ladbrokes man Richard Ames to lead a revival and he is due to start the role later this month.Ames was axed at Ladbrokes, but gambling industry insiders said he became a scapegoat as the only senior executive left over from the dismal reign of the bookie’s former boss Chris Bell. 2599852
NEW YORK (AP) ― Stocks are moving higher as the market stabilizes after a three-day slump.Investors will start to focus on company earnings this week. Aluminum maker Alcoa reports earnings after the close of trading Tuesday.The Standard & Poor's 500 index rose four points, or 0.2 percent, to 1,849 at noon Eastern time. Technology stocks, which have taken a beating over the past week, rose the most. Trader James Riley, center, works on the floor of the New York Stock Exchange, Tuesday, April 8, 2014. Stocks were mixed in early trading on Tuesday after a three-day slump. Investors will start to focus on company earnings this week. (AP Photo/Richard Drew)The Dow Jones industrial average rose 20 points, or 0.1 percent, to 16,266.The Nasdaq composite rose 23 points, or 0.6 percent,Nike Free 5.0 Anti-Fur Mens UK, to 4,103.Gilead fell 3 percent following reports that Express Scripts, the largest U.S. pharmacy benefits manager, plans to ask its clients to join a coalition that would stop using Gilead's Sovaldi Hepatitis C treatment once a rival medicine is approved next year. Trader Timothy Nick, right, works on the floor of the New York Stock Exchange, Tuesday, April 8, 2014. Stocks were mixed in early trading on Tuesday after a three-day slump. Investors will start to focus on company earnings this week. (AP Photo/Richard Drew) 2599843
9 shares 6 View comments Take a team who cannot stop winning away against a side who have forgotten how to score at home and the result could be filed under the heading ‘foregone conclusion’.The scenes of jubilation at the final whistle told another story. Burnley have a toe in the door of the Barclays Premier League but there was nothing easy about three points gained at the expense of rivals probably heading in the opposite direction.Four thousand visiting fans arrived at Oakwell with a big, bouncy beach ball and unfettered enthusiasm, which is what an unbeaten run of nine matches on the road tends to do for supporters. Winner: Burnley's Ashley Barnes (right) heads the only goal of the game past Barnsley's Luke Steele Getting closer: Barnes celebrates his goal as Burnley edge closer to promotion to the Premier League MATCH FACTSBarnsley (4-4-1-1): Steele 6; McLaughlin 6, Nyatanga 6.5, M’voto 6, Kennedy 6; Cywka 5, Dawson 6, Woods 6 (McCourt 81), Jennings 7; Mellis 6 (Noble-Lazarus 60 min, 5); O’Grady 6.Subs not used: Turner, Proschwitz Hassell, Hunt, Frimpong.Manager: Danny Wilson .Booked: Mellis, O'Grady. Burnley (4-4-2): Heaton 6; Baird 6, Duff 7.5, Shackell 7.5, Mee 6; Arfield 7, Marney 6,UK Nike Free TR Fit 2 Womens, Jones 6, Kightly 8; Ings 6 (Treacy 87), Barnes 7.Subs not used: Cisak,Nike Free Run 4 Mens UK, Stock, Wallace, Edgar, Long, Trippier.Manager: Sean Dyche 6.Booked: Marney. Attendance: 12,904. Man of the match: Michael Kightly .Referee: Neil Swarbrick.Even the draconian Barnsley stewards failed to dampen the mood as they confiscated the offending object, presumably on health and safety grounds rather than being really miserable. Burnley fans still had plenty to cheer.Ashley Barnes’s early header extended the sequence to 10 games. Do the sums and Burnley will be promoted on Saturday if they beat Middlesbrough and Derby fail to win.After a season that has been all about 20-League goal pair Danny Ings and Sam Vokes, Barnes could not have timed his emergence from the shadows any better.His