Apple to pay ex-Burberry boss Ahrendts 68m dollar 'golden hello'
6th May 2014 14:48
The former chief of luxury fashion house Burberry is to get a 68.1m dollars 'golden hello' in her new job as the retail boss of Apple. Angela Ahrendts, who joined Apple last week, will receive 113,334 restricted stock units spread across several different vesting periods between June 1st this year
Read moreBailey takes up position as new CEO of Burberry
1st May 2014 10:26
Christopher Bailey has taken up his role as Chief Creative and Chief Executive Officer of Burberry, replacing Angela Ahrendts who stepped down at the end of April. The share price dropped 0.13% to 1,483p by 10:28 on Thursday. NR
Read moreFriday broker round-up UPDATE
25th Apr 2014 09:19
African Barrick Gold: Deutsche Bank lowers target price from 310p to 300p maintaining a buy recommendation. Anglo American: Deutsche Bank cuts target price from 1530p to 1510p and reiterates a hold recommendation. ASOS: Deutsche Bank upgrades to buy with a target price of 5800p. Astra Zeneca: Deu
Read moreLondon close: Barclays rises ahead of strategy update
17th Apr 2014 16:57
- Ukraine turmoil continues as clashes turn deadly - Investors cautious ahead of four-day weekend - US corporate earnings in focus - Barclays rises as investors look forward to strategic update Market Movers techMARK 2,679.96 +1.07% FTSE 100 6,625.25 +0.62% FTSE 250 15,907.91 +1.03% UK stocks fini
Read moreFTSE 100 movers: Barclays leads banks higher on shake-up speculation
17th Apr 2014 14:07
The share price of Barclays rose strongly on Thursday amid speculation the bank could announce thousands of further job cuts in its investment banking division as part of a corporate shake-up. Barclays released a statement today which announced that it would update shareholders next month on its s
Read moreBroker tips: Imperial Tobacco, Legal & General, GlaxoSmithKline...
17th Apr 2014 13:13
Goldman Sachs has removed Imperial Tobacco from its 'Conviction List', saying it sees less potential upside from current levels. Nevertheless, the bank kept its 'buy' recommendation and 2,780p target price. Since being added to the Conviction List at the end of January, the stock has gained nearly
Read moreLondon midday: Markets flat as Ukraine crisis dampens risk appetite
17th Apr 2014 11:55
- Ukraine turmoil continues as clashes turn deadly - Investors cautious ahead of four-day weekend - US corporate earnings in focus - Diageo, Remy Cointreau dampen sentiment in beverage sector techMARK 2,660.88 +0.35% FTSE 100 6,581.75 -0.04% FTSE 250 15,833.37 +0.56% UK stocks were broadly flat on
Read moreCredit Suisse expects no profit growth from Burberry this year
17th Apr 2014 11:12
Credit Suisse has trimmed its estimates for Burberry and kept a 'neutral' recommendation, saying that profit growth at the high-end luxury firm will 'take a break' this year. "As much as we like Burberry's superior long-term top-line story, we see group margins under pressure in the next two years,
Read moreLondon open: Diageo leads stocks lower ahead of Easter weekend
17th Apr 2014 08:26
- Ukraine crisis in focus as leaders meet in Geneva - US data, corporate earnings closely watched - Diageo drops as weak Q3 dampens growth techMARK 2,653.18 +0.06% FTSE 100 6,565.34 -0.29% FTSE 250 15,771.90 +0.16% UK stocks fell on Thursday morning as investors adopted a cautious stance ahead of
Read moreFTSE 100 movers: Sports Direct regains recent lost ground
16th Apr 2014 13:45
Sports Direct, IAG and Ashtead have all been under heavy selling pressure over the past week as investors took profits following some impressive gains over the last year. These stocks, however, were performing well today with Sports Direct the stand-out performer, rising more than 6% after Bank of
Read moreLondon midday: Sports Direct, Burberry and Tesco lead markets higher
16th Apr 2014 11:30
- Sports Direct gains as momentum stocks recovery - Tesco, Burberry and Persimmon impress with results - UK unemployment declines, China data mixed - Ukraine crisis escalates techMARK 2,642.64 +0.45% FTSE 100 6,562.09 +0.31% FTSE 250 15,694.83 +0.67% A recovery by so-called 'momentum' stocks and a
Read moreLondon open: Stocks bounce off three-week low as Tesco gains
16th Apr 2014 08:42
- Tesco, Hargreaves, Burberry and Persimmon rise after updates - Momentum shares bounce back after recent falls - Chinese data mixed, growth slows - Global economic data in focus today techMARK 2,648.70 +0.68% FTSE 100 6,577.56 +0.55% FTSE 250 15,701.67 +0.71% UK stocks rose strongly on Wednesday
Read moreBurberry warns of 'material' FX headwinds this year
16th Apr 2014 07:03
- FX to have material impact on profits this year - Macro environment uncertain, says CEO - H2 revenue up 19 per cent underlying Burberry has said that current foreign exchange (FX) rates are a 'material headwind' for the high end fashion brand and will have an adverse impact on the bottom line thi
Read moreMPs move ahead with proposals for all-female short-lists for business roles
11th Apr 2014 10:55
UK MPs have taken a step forward with proposals to gain legal clarification on all-female short-lists for business positions in a bid to boost the number of women in Britain's boardrooms. A letter has reportedly been sent to the government's equality body calling for a ruling on whether the propos
Read moreThursday broker round-up UPDATE
10th Apr 2014 09:23
AMEC: Canaccord Genuity takes target price from 1350p to 1400p and leaves its buy recommendation unaltered. Atkins (WS): Numis ups target price from 1600p to 1650p, while downgrading from buy to add. Burberry: JP Morgan reduces target price from 1600p to 1400p and keeps a neutral rating. Capita G
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