Wednesday newspaper tips: What to do with Wolseley
30th Sep 2015 10:49
(ShareCast News) - To sell or not to sell - that's the question when it comes to Wolseley according to Wednesday's newspaper share tips. Questor at The Telegraph reckons investors did the right thing yesterday. Despite an increase in sales and a £300m share buy-back, fears of a slowdown in the US an
Read moreLondon midday: China concerns weigh on sentiment to push stocks lower
29th Sep 2015 11:07
(ShareCast News) - London stocks slid on Tuesday following declines in Asia as growing concerns on China's economic slowdown weighed on investor confidence. A report on Monday showing an 8.8% fall in Chinese industrial profits, added to woes about the nation's slowdown. The market is now awaiting th
Read moreBoohoo posts 39% jump in interim profit as customer numbers surge
29th Sep 2015 09:38
(ShareCast News) - Online clothing retailer Boohoo.com reported a 39% increase in interim profit, with revenue up sharply as the company gained new customers. For the six months to 31 August, Boohoo posted a pre-tax profit of £6.27m from £4.5m in the same period last year, on revenue of £90.78m, up
Read moreUK retail sales fall in June, ONS says
23rd Jul 2015 10:38
(ShareCast News) - UK retail sales fell 0.2% in June compared to month before, data from the Office for National Statistics (ONS) showed, some way off the 0.4% gain that had been expected. The soft patch was blamed on declining sales on a wide range of goods, predominantly food stores, furniture, sp
Read moreBoohoo.com enjoys strong UK and international market growth during first quarter
10th Jun 2015 09:05
The online fashion retailer Boohoo.com posted strong revenue growth during the three months ended 31 May 2015 thanks to a good performance in its UK and international markets. The group's total revenues were up 35% or 45% on a constant currency basis to £41.3m and the number of active customers rose
Read moreBoohoo.com posts strong full-year results despite fierce high street competition
6th May 2015 11:09
Online fashion retailer Boohoo.com posted strong full-year results despite a weak first-half due to a warm autumn season. Total revenues rose 27% to £139.85m, driven by strong UK revenues, which were up by 33% to £94.34m. The first half of the year was stronger than the second one due to heavy disco
Read moreBoohoo.com posts strong update and announces buy-back
11th Mar 2015 08:06
The online fashion retailer Boohoo.com regained some investor confidence on Wednesday after reporting strong revenues and margins during the first two months of the year, also surprising with news of a share buy-back. Revenues were 24% up in constant currency to £21.9m, translating into an increase
Read moreBoohoo launches German language site - UPDATE
22nd Jul 2014 09:02
Online fashion retailer Boohoo has launched a German language website in an effort to strengthen its international presence. The launch, which is being supported by a marketing campaign in Germany, is the third foreign language site following the launch of the French site last October and the Spani
Read moreSector movers: M&S caution, rate-hike speculation dampen retail stocks
7th Jul 2014 14:55
General retail stocks were under the weather on Monday as investors showed nervousness ahead of results from High Street bellwether Marks & Spencer and reacted to rate-hike speculation. Shares in M&S were down 1% this afternoon before its fiscal first-quarter update due out Tuesday morning which wi
Read moreBoohoo Chairman increases stake after results beat expectations
17th Jun 2014 16:05
Peter Williams, the Non-Executive Chairman of boohoo.com, has upped his stake in the AIM-listed fashion retailer to 2.2m shares. The Chairman added 100,000 shares at 50.68p each in a transaction worth £50,680. The deal was made just a few days after the recently floated company delivered record
Read moreBoohoo unveils record revenue and forecast-topping profits
12th Jun 2014 08:24
Newly floated online fashion retailer Boohoo.com racked up record annual revenues and profits ahead of expectations, although currency movements hit rest-of-world sales in the first quarter of the new financial year. Boohoo, which targets the 14-35 age bracket, posted a 63% rise in revenue in the y
Read moreFriday broker round-up UPDATE
16th May 2014 08:23
Ashcourt Rowan: N+1 Singer initiates with a target price of 231p and a buy recommendation. Bioquell: N+1 Singer cuts target price from 157p to 112p and downgrades to hold. Boohoo.com: Jefferies initiates with a target price of 68p and a buy recommendation. Capital & Regional: Numis upgrades from
Read moreCard Factory to float on UK stock market
22nd Apr 2014 08:07
British greeting card retailer Card Factory is to join the growing list of companies floating on the stock market. Card Factory, which started life in 1997 with one shop and now has more than 700 stores nationwide, said it expected to raise about £90m to pay debt from the offer to certain instituti
Read moreWednesday tips round-up: Victrex, Just Eat
9th Apr 2014 07:31
Polymer specialist Victrex saw a significant uplift in second quarter sales, for growth of 14 per cent to 1,584 tonnes for the whole of the first half. However, the firm added that it is now selling higher volumes of lower profit-margin products. As well, foreign exchange headwinds in key markets su
Read moreWednesday newspaper round-up: Ukraine, Just Eat, Pension
9th Apr 2014 07:17
There are signs of disarray amongst some of the groups of armed radicals who have dug in behind reinforced barricades in several cities in eastern Ukraine. However, on Tuesday Russia warned the new government in Kiev against the use of force to make them vacate those positions. That comes after Ukra
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