Billionaire investor Solomon Lew is looking like he will attempt to take a a huge share in David Jones. The speculation has arisen from the news that Solomon Lew has already accumulated a 10% stake in the company.It seems that Lew is trying to reach ownership of 25% of the company so that South African based Woolworths cannot take over the company.
The reason for wanting to block Woolworths from purchasing DJ’s still remains a mystery. It may be that Mr Lew simply wants to increase the value of his other holdings such as Country Road. Having the strong control over David Jones means that Woolworths will need to negotiate with him.
Woolworths and Lew have a strong history together with both parties owning Country Road. Woolworths has refused to buy out Lew’s share which is what Lew is wanting.
Solomon Lew also owns brands such as Dotti, Just Jeans, Portmans and Peter Alexander. A Dotti coupon is available here if you’re looking to make a purchase online.
The coming few weeks will be interesting and whether Woolworths will come to the party is yet to play out.
One of the world’s most popular and well known weight loss programs is Weight Watchers. Weight Watchers has been around for decades and during this time has maintained and has even grown in popularity.
The Weight Watchers program is built on the premise that you can eat whatever you want, just make sure you control the amount you eat.
Weight Watchers utilises a points concept where each food you eat is allocated a number of points based on the content of sugar and carbohydrates in the food. Each meal you are allowed a certain number of points and you cannot exceed these points. The system allows you to also have an unlimited amount of fruit and vegetables.
The true driver of success through the program is the support program which is a integral part of the system. The support program is weekly meeting where you meet with other people who are on the program and you also weigh yourself and check your progress.
In a crowded market, Lenovo is hoping to stand out with their soon the be released business tablet called the ThinkPad 10. It is difficult to gain any real traction in the tablet market as there are many cheap options around. Even the most popular tablet, the Apple iPad, has not seen any growth.
Lenovo therefore needs to produce something really special to make a dent in market share. The Lenovo ThinkPad 10 inch tablet is targeted as a business friendly tablet with a 1920 x 1200 pixel resolution IPS screen. The screen also allows for a viewing angle of 180 degrees and supports multitouch. The device is powered by a quad core Intel Atom Z3795 processor.
The device will come with either 2GB or 4GB of RAM on board as well as hard drive memory options of 64GB or 128GB.
In terms of operating system, the ThinkPad 10 will utilise Windows 8.1 32 bit with some models pre-loaded with Microsoft Office Home and Student.