MARKET TALK: Collins Stewart Raises ASOS Price Target
21st Jun 2010 10:17
0917 GMT [Dow Jones] Collins Stewart raises ASOS (ASC.LN) price target to 752p from 548p as it raises revenue forecasts on strong current trading. Says trading at ASOS is very strong, with revenues up 58% in the nine weeks to June 9. Notes this impressive level of growth has now been sustained over
Read moreUK MARKET TALK ROUNDUP: SHARES GAINING
21st Jun 2010 10:17
Stocks on the rise in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 0917 GMT [Dow Jones] Collins Stewart raises ASOS (ASC.LN) price target to 752p from 548p as it raises revenue forecasts on
Read moreMARKET TALK: HSBC Upgrades ASOS To Overweight From Neutral
21st Jun 2010 07:46
0646 GMT [Dow Jones] HSBC upgrades ASOS (ASC.LN) to overweight from neutral. Says the company announces a small pretax profit beat in its final results and current trading is significantly ahead of market expectations. Says in current trading, group retail sales for the nine weeks to June 6 are up
Read moreUK MARKET TALK ROUNDUP: BROKERS COMMENTS
21st Jun 2010 07:46
Broker comments in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 0646 GMT [Dow Jones] HSBC upgrades ASOS (ASC.LN) to overweight from neutral. Says the company announces a small pretax prof
Read moreUK MARKET TALK ROUNDUP: SHARES GAINING
14th Jun 2010 11:02
Stocks on the rise in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 1002 GMT [Dow Jones] Goldman Sachs boosts ASOS (ASC.LN) target price to 1280p from 800p. In its FY10 results, the company
Read moreMARKET TALK: Goldman Sachs Boosts ASOS Target Price
14th Jun 2010 11:02
1002 GMT [Dow Jones] Goldman Sachs boosts ASOS (ASC.LN) target price to 1280p from 800p. In its FY10 results, the company indicates continuation of the strong growth trajectory reported at its April trading update, notes GS. The bank adds that retail sales for the nine weeks to June 6 are up 58% yea
Read moreMARKET TALK: UBS Raises ASOS Price Target
11th Jun 2010 08:51
0751 GMT [Dow Jones] UBS raises ASOS (ASC.LN) price target to 750p from 630p following the company's strong preliminary results. Says the better growth reflects stronger buying with 64% more products, as ASOS starts FY '11 with a more positive outlook on consumer spending for its target customer gro
Read moreUK MARKET TALK ROUNDUP: SHARES GAINING
11th Jun 2010 08:51
Stocks on the rise in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 0751 GMT [Dow Jones] UBS raises ASOS (ASC.LN) price target to 750p from 630p following the company's strong preliminary re
Read moreUK MARKET TALK ROUNDUP: SHARES GAINING
11th Jun 2010 08:35
Stocks on the rise in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 0735 GMT [Dow Jones] The 15% leap in online fashion retailer Asos PLC's (ASC.LN) share price Wednesday, following full-yea
Read moreMARKET TALK: Asos Share Price Leaps Too Fast - FinnCap
11th Jun 2010 08:35
0735 GMT [Dow Jones] The 15% leap in online fashion retailer Asos PLC's (ASC.LN) share price Wednesday, following full-year results that were "merely in line with expectations", came as a surprise, says FinnCap analyst David Stoddart. Says as Asos' management is seeking to restrain fiscal 2011 forec
Read moreUPDATE: Asos In Talks For High Street Pick-Up And Returns
9th Jun 2010 17:17
(Adds detail, analyst comment, Alliance Boot reaction) By Hannah Benjamin Of DOW JONES NEWSWIRES LONDON (Dow Jones)--Online fashion retailer Asos PLC (ASC.LN) Wednesday revealed it is in talks with several big-name high-street retailers about using their stores to operate a pick-up and r
Read moreLondon close: Miners lift Footsie
9th Jun 2010 16:55
Footsie closed with strong gains after a volatile day for the leading share index. Mining stocks dragged the market higher as metal prices bounced on reports of an exports surge in China. A news agency is reporting that China's exports in May were 50% higher than a year earlier. That news has boo
Read moreUK SMALLCAP ROUNDUP:F&C Opposes Commercial Property Trust Merger
9th Jun 2010 16:00
Dow Jones smallcap news is now on Twitter, allowing you to catch up on the news away from your desk. Go to http://twitter.com/DJ_UK_Smallcaps F&C ASSET MANAGEMENT PLC (FCAM.LN) said Wednesday it is seeking to stop a commercial property trust it manages from merging with another, in a deal that
Read moreAsos In Talks For High Street Pick-Up And Returns Service
9th Jun 2010 15:09
By Hannah Benjamin Of DOW JONES NEWSWIRES LONDON (Dow Jones)--Online fashion retailer Asos PLC (ASC.LN) Wednesday said it is in talks with at least two retailers about providing a high-street pick-up and returns service for its customers. The firm said in-store collects and returns could
Read moreLondon afternoon: Miners drive Footsie higher
9th Jun 2010 14:45
Mining stocks are dragging the market higher as metal prices bounce on reports of an exports surge in China. A news agency is reporting that China's exports in May were 50% higher than a year earlier. That news has boosted demand for the likes of Fresnillo, Kazakhmys, Xstrata and Vedanta. While si
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