N Brown struggles through the snow
12th Jan 2011 07:47
Mail order was a tough business when the snow hit in December, but N Brown struggled through to lift like-for-like sales by 1.2%. Total group revenue increased by 4.6% in the 19 weeks to 8 January and Brown says trading was encouraging from late October to mid-December "but the extreme weather cond
Read moreWednesday preview: Sainsbury, N. Brown, Barratt Devs.
11th Jan 2011 16:51
It has been hard to keep retailers out of the spotlight this week and Wednesday is no exception, with supermarket Tesco and home shopping specialist N. Brown due to give trading updates. Morrisons set the benchmark for the supermarket sector on Monday with a better than expected 1% growth in like f
Read moreBroker tips: Retailers, CPP, Diploma
21st Dec 2010 14:08
Peel Hunt has evaluated the impact of recent weather disruptions at a crucial time of year for retailers, as the first companies begin to deliver snow-driven profit warnings. The broker highlights high street womenswear retailer Alexon's trading update as the first of many weak outlook statements.
Read moreBroker snap: Retail sector winners and losers
21st Dec 2010 12:39
Peel Hunt has evaluated the impact of recent weather disruptions at a crucial time of year for retailers, as the first companies begin to deliver snow-driven profit warnings. The broker highlights high street womenswear retailer Alexon's trading update as the first of many weak outlook statements.
Read moreLondon close: Footsie rallies but finishes lower
12th Oct 2010 16:46
London battled hard to undo early losses, but fell just short, closing a few points in the red, amid a backdrop of lower commodity prices and sobering trading updates. Miners were under the cosh. Xstrata was among the heavy fallers in the mining sector. It said today it is starting work again at
Read moreLondon afternoon: Resource stocks a drag
12th Oct 2010 14:09
Equity prices continued to recover over the lunch time session though the blue-chip index remains in the red, largely thanks to the weakness of resource stocks. Xstrata, Lonmin, and Antofagasta are the worst hit of the miners, though the whole sector is lower. Metals prices have fallen back as the
Read moreLondon midday: Bid rumours lift Standard Chartered
12th Oct 2010 12:13
The second half of the morning session was better than the first for Footsie, with leading stocks trimming early losses, but the blue-chip index remains in the red, largely thanks to the weakness of resource stocks. Xstrata, Lonmin, and Antofagasta are the worst hit of the miners, though the whole
Read moreLondon open: Footsie on back foot
12th Oct 2010 08:53
London has started on the back foot with miners and oil companies under heavy selling pressure. Xstrata, ENRC, and Antofagasta are the worst hit of the miners, though the whole sector is lower. Oil groups are also suffering. Tullow and BG are the worst hit of the FTSE 100 groups, but Soco is the r
Read moreLondon pre-open: Dull start expected
12th Oct 2010 07:35
London looks set to begin the day on the back foot with traders predicting the blue-chip index will open around 34 points down from last night's close. There have been few surprises in the major corporate news this morning. Pub owner Punch Taverns has served up full-year results in line with expect
Read moreBad debts sharply lower at N. Brown
12th Oct 2010 07:12
Internet and catalogue home shopping company N. Brown said the positive trends seen in the first half of its financial year have continued into the second half. Total revenue in the 26 weeks to 28 August rose 3.2% to £349.7m from £338.7m a year earlier, in line with market expectations. Like for li
Read moreTuesday preview: Punch, N. Brown, Inflation
11th Oct 2010 15:42
Tuesday's full year results for Punch Taverns will be the first set of figures released under the helmsmanship of new boss Ian Dyson. The heavily indebted pubs group raised full year profits guidance back in August after trading improved in the final quarter of the company's fiscal year. Like for l
Read moreBroker tips: Mid-cap income plays, Carnival, Speedy Hire
8th Oct 2010 13:15
Broker Charles Stanley has run the microscope over constituents of the FTSE 250 index looking for key income buys and come up with five likely candidates. Though the broker was looking at stocks primarily for their attractive yields, it makes a good case for diving into the FTSE 250 for capital app
Read moreBroker snap: Key FTSE 250 income plays
8th Oct 2010 12:58
Broker Charles Stanley has run the microscope over constituents of the FTSE 250 index looking for key income buys and come up with five likely candidates. Though the broker was looking at stocks primarily for their attractive yields, it makes a good case for diving into the FTSE 250 for capital app
Read moreWeek Ahead: Ladbrokes, N. Brown, Punch
8th Oct 2010 09:10
A week after online betting exchange Betfair announced plans to float on the London stock exchange old school bookie Ladbrokes updates the market with its interim management statement. The last time we heard from the company, back in August, the news was not great, as the company warned of a challe
Read moreFindel Appoints Tim Kowalski As Group Finance Director
16th Jul 2010 12:04
LONDON (Dow Jones)--Findel Plc (FDL.LN), a home shopping and educational supplies sales company announced Friday the appointment of Tim Kowalski as Group Finance Director with effect from August 2. MAIN FACTS: -Kowalski brings substantial relevant experience to the role having been Group Fin
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