3rd Sep 2014 16:00
Just Eat shares surged on Wednesday after Jefferies initiated coverage of the stock with a 'buy' rating. The broker said that the recently-listed online takeaway delivery marketplace "demonstrates the clearest valuation upside in our UK digital peer group". It believes that the company's many-to-ma
Read more3rd Sep 2014 11:09
Booker's share price dropped sharply on Wednesday after German retailer Metro sold its entire 9% holding in the UK cash-and-carry chain. Metro said it was taking advantage of the surge in the stock since it first took a stake over two years ago. Since then, the shares have jumped from 79.1p to 135.
Read more9th Jul 2014 12:03
- Admiral, Aviva lead markets lower - FTSE 100 on track for worst finish since late April - Retailers fall as UK retail prices fall 1.8% - Investors nervous ahead of Fed minutes techMARK 2,777.53 -0.59% FTSE 100 6,708.55 -0.44% FTSE 250 15,526.79 -0.80% UK stocks were heading for their worst finis
Read more9th Jul 2014 08:52
Food wholesaler Booker Group has reported a "good quarter", which saw a 2.9% rise in like-for-like sales, driven by its non-tobacco division. Total sales, including Makro, climbed 3.8%, with a 0.7% rise from tobacco and a 5.4% climb from non-tobacco. Makro's non tobacco like-for-like sales decli
Read more11th Jun 2014 11:26
- Lufthansa profit warning hits airline stocks - Rolls-Royce falls as Emirates cancels order - UK unemployment falls, wage growth slows - World Bank cuts growth forecasts techMARK 2,839.77 -0.68% FTSE 100 6,838.15 -0.52% FTSE 250 16,031.19 -1.11% Mixed labour-market data, a growth downgrade from t
Read more11th Jun 2014 10:37
Investec has reiterated its 'buy' recommendation for cash-and-carry retailer Booker, playing down recent concerns over readacross from the struggles of the UK grocery industry. "Whilst certain of the grocery retailers are struggling to keep pace with the changing demands of their customer base, the
Read more11th Jun 2014 08:46
- Markets fall as traders await catalysts - Sainsbury's gains despite drop in Q1 LFL sales - Rolls-Royce hit by Emirates order cancellation techMARK 2,846.37 -0.45% FTSE 100 6,855.44 -0.26% FTSE 250 16,103.59 -0.66% UK stocks edged lower on Wednesday as markets continue to struggle for direction w
Read more10th Jun 2014 13:58
Technology tool maker Oxford Instruments was higher after hailing an improved set of full-year results, with orders, sales and profits all ahead of the prior year. JD Sports Fashion was lifted by expectations of increased sales ahead of the start of the World Cup on Friday. Lonmin led to the down
Read more10th Jun 2014 09:45
ASOS: Goldman Sachs reduces target price from 6250p to 5750p, while upgrading to strong buy. Avon Rubber: Investec lowers target price from 690p to 680p and downgrades from buy to add. BAE Systems: Investec downgrades from add to hold with a target price of 430p. BG Group: Exane downgrades to neu
Read more10th Jun 2014 08:28
- Markets retreat after global stocks hit record highs - FTSE 100 pulls back from highest close since May 14th - Imperial Tobacco leads consumer staples higher techMARK 2,853.93 -0.12% FTSE 100 6,852.30 -0.33% FTSE 250 16,178.50 -0.25% UK stocks retreated from a four-week high on Tuesday as invest
Read more22nd May 2014 15:03
Cycling and auto accessories retailer Halfords sped into the top spot after full-year profits accelerated past consensus forecasts thanks to a stonking fourth quarter from cycling as the group's investment programme began to deliver results. A 9.9% fourth quarter increase in retail sales and 4.3%
Read more22nd May 2014 07:38
- Pre-tax profit up 38 per cent - Sales up 17.3 per cent on non-tobacco - Dividend lifted 22 per cent Booker Group's annual pre-tax profit jumped 38 per cent to 105.2m pounds as the UK food wholesaler achieved an increase in sales. Total sales climbed 17.3% to £4.7bn in the year ended March 28th
Read more4th Apr 2014 14:24
Retail stocks were trading lower on Friday with heavyweights Marks & Spencer and Tesco providing a drag on the sector. M&S was off shopping lists today after Goldman Sachs retained its 'sell' recommendation for the British department store chain, saying that the business could feel the heat from th
Read more4th Apr 2014 08:04
Cash and carry outfit Booker on Thursday reported a 1.9 per cent rise in like-for-like sales for the latest quarter, or 16 per cent when sales from its recently acquired unit Makro are factored in. Interestingly, had it not been for tobacco sales, which took a hit from point-of-sales regulations and
Read more3rd Apr 2014 09:05
Associated British Foods: Citi increases target price from 2350p to 3000p, while its neutral rating remains unchanged. Booker Group: Investec shifts target price from 172p to 178p retaining a buy recommendation. BSkyB: HSBC Holdings moves target price from 600p to 610p, while keeping its underweig
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