You might want to do a bit more cardio TG, try jogging round the block a few times and at the end of the session try sprinting as fast as you can for 100 meters even if you are beat. Keeping your heart rate fairly fast while doing cardio will help you lose those man titties, it worked for me.

I was 13 stone before I started boxing training, I'm now 10 stone 5 after taking part in a few marathons and doing a bit of cardio every day (rest on weekends) It had taken me almost half a year but I feel fitter than ever, if your going to do alot of running make sure you buy some proper running shoes. I bought a pair of Saucony running shoes for £75 and they have stopped my knee from aching after a run.