Sunday newspaper round-up: Oil, Asos, Materials' and energy prices
5th Jun 2022 23:04
(Sharecast News) - The White House appears set to allow Iran and Venezuela to export more oil in response to fuel shortages in the West. With that aim in mind, the US may allow Italy's Eni and Spain's Repsol to send Venezuelan oil to Europe possibly by as soon as in the following month. According to an executive from oil trader Vitol, the Biden administration may also permit Tehran to export its oil even if the country does not provide more assurances regarding its nuclear programme. - The Sunday Telegraph
Read moreAsos's Dyson heading to Currys as chairman
19th May 2022 08:05
(Sharecast News) - Electricals retailer Currys on Thursday said Ian Dyson would succeed Ian Livingston as chairman this September.
Read moreCredit Suisse downgrades Boohoo
16th May 2022 13:52
(Sharecast News) - Credit Suisse has downgraded Boohoo on growing headwinds, sending the shares in the fast fashion retailer lower.
Read moreDeutsche Bank slashes target price on Asos
14th Apr 2022 10:18
(Sharecast News) - Analysts at Deutsche Bank slashed their target price on clothing retailer Asos from 3,850.0p to 2,900.0p on Thursday, stating there were "a number of challenges" facing the stock's investment case.
Read moreTuesday preview: US CPI, Asos in the spotlight
11th Apr 2022 15:22
(Sharecast News) - The spotlight on Tuesday will be on a reading for US consumer prices in March. .
Read moreBarclays downgrades Boohoo to 'underweight'
9th Feb 2022 12:39
(Sharecast News) - Barclays downgraded Boohoo on Wednesday as it took a look at online fashion retailers.
Read moreLiberum slashes Asos target price, says much left to do to meet full-year guidance
13th Jan 2022 11:32
(Sharecast News) - Analysts at Liberum slashed their target price for shares of Asos after the company posted weaker-than-expected sales for the first four months of its financial year.
Read moreAsos to quit AIM, festive trading mixed
13th Jan 2022 10:45
(Sharecast News) - Asos said on Thursday that it will move to the London Stock Exchange's main list, as it reported a strengthened sales performance despite "challenging" market conditions.
Read moreSunday newspaper round-up: Food prices, Asos, Labour Squeeze
21st Nov 2021 19:42
(Sharecast News) - Soaring fertiliser costs on the back of the gas crisis will prolong high food prices globally, which are already at their loftiest in half a century, until 2023. Economists at BCA Research forecast that global food prices will continue to increase during the following year and remain high into 2023. Furthermore, supply chain analysts say that supermarkets cannot insulate buyers the rising cost pressures indefinitely. - Sunday Telegraph
Read moreAsos looks to double profitability following Beighton's shock exit
10th Nov 2021 10:49
(Sharecast News) - Online retailer Asos told investors at its capital markets day event on Wednesday that it was aiming to double its profitability in the long-term as part of an effort to right the ship after the abrupt departure of former chief executive Nick Beighton.
Read moreWednesday preview: US CPI, Asos in the spotlight
9th Nov 2021 14:39
(Sharecast News) - All eyes on Wednesday will be on the latest consumer price inflation numbers in the States.
Read moreSunday newspaper round-up: Public sector pay, ITV, TSB
24th Oct 2021 15:46
(Sharecast News) - Public sector pay may be due for a rise, the Chancellor hinted on The Andrew Marr show. Sunak said that going forward a new pay policy would need to be set and that it would be a topic for next week's spending review. Public sector pay rises had been "paused" in 2021/22 expect in the NHS and for workers making less than £24,000. - Sunday Telegraph
Read moreUK retailers want human rights law to protect supply chain workers
22nd Oct 2021 10:23
(Sharecast News) - More than 35 retailers, manufacturers and investors including Tesco, John Lewis, Primark, Asos and Unilever have called on the UK government to introduce a legal requirement for companies to carry out human rights and environmental checks on their global supply chains.
Read moreDirector dealings: Asos CFO raises stake
18th Oct 2021 17:17
(Sharecast News) - Asos revealed on Monday that chief financial officer Matthew Dunn had acquired 4,167 ordinary shares in the London-listed online retailer.
Read moreSunday share tips: Asos, Harmony Energy Income Trust
18th Oct 2021 00:57
(Sharecast News) - The Sunday Telegraph's Questor told investors to 'buy' shares of Asos, citing analysts who believed its logistical woes would pass to back up its case.
Read more