MARKET TALK: Investec Cuts N Brown Group Price Target
7th Jul 2010 10:28
0928 GMT [Dow Jones] Investec cuts N Brown Group (BWNG.LN) price target to 300p from 325p. Brokerage is cautious on shorter-term prospects due to the slow-down in sales after the general election. Says that the management ascribes the sales deceleration of the last ten weeks to customer concerns on
Read moreUK MARKET TALK ROUNDUP: SHARES LOSING
7th Jul 2010 10:28
Stocks on the fall in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 0928 GMT [Dow Jones] Investec cuts N Brown Group (BWNG.LN) price target to 300p from 325p. Brokerage is cautious on shorte
Read moreFTSE 250 movers: Heritage Oil rises on Ugandan approval
6th Jul 2010 16:21
Heritage Oil topped the FTSE 250 risers after Uganda's government approved the delayed sale of the oil explorer's assets to Tullow Oil. The sale was delayed because of a dispute between Heritage Oil and the Ugandan government about the level of tax to be paid. But now the Ugandan government said
Read moreUK SMALLCAP ROUNDUP:Rockhopper Exploration Chairman Builds Stake
6th Jul 2010 16:00
Dow Jones smallcap news is now on Twitter, allowing you to catch up on the news away from your desk. Go to http://twitter.com/DJ_UK_Smallcaps ROCKHOPPER EXPLORATION PLC (RKH.LN), a Falkland Islands-focused oil and gas explorer, said Tuesday Executive Chairman Pierre Jungels bought another 23,35
Read moreUPDATE: N Brown's Sales Growth Slows After UK Election
6th Jul 2010 13:01
(Adds CEO comment, analyst comment, detail) By Hannah Benjamin Of DOW JONES NEWSWIRES LONDON (Dow Jones)--Home shopping retailer N. Brown Group PLC (BWNG.LN) Tuesday said sales growth slowed following the U.K. general election, as its customers weighed up the likely impact on their finan
Read moreUK SMALLCAP ROUNDUP: Rockhopper Exploration Chmn Builds Stake
6th Jul 2010 12:30
Dow Jones smallcap news is now on Twitter, allowing you to catch up on the news away from your desk. Go to http://twitter.com/DJ_UK_Smallcaps ROCKHOPPER EXPLORATION PLC (RKH.LN), a Falkland Islands-focused oil and gas explorer, said Tuesday Executive Chairman Pierre Jungels bought another 23,35
Read moreMARKET TALK: N Brown Update Shows Sales Deceleration
6th Jul 2010 11:09
1009 GMT [Dow Jones] N Brown's (BWNG.LN) update shows a deceleration in its turnover growth from the 4.1% total growth at the 8-week stage, to +1.1% after 18 weeks, notes Investec Securities. Adds the underlying LFL has likewise seen a decline from +3.1% to +0.1% over this timeframe. Despite increas
Read moreUK MARKET TALK ROUNDUP: SHARES LOSING
6th Jul 2010 11:09
Stocks on the fall in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 1009 GMT [Dow Jones] N Brown's (BWNG.LN) update shows a deceleration in its turnover growth from the 4.1% total growth at
Read moreUK SMALLCAP ROUNDUP: RM Revenue Threat From UK Spending Cut
6th Jul 2010 09:30
Dow Jones smallcap news is now on Twitter, allowing you to catch up on the news away from your desk. Go to http://twitter.com/DJ_UK_Smallcaps RM PLC (RM.LN), a provider of educational products and services, Tuesday said GBP200 million of future revenue is under threat from the U.K. government's
Read moreINTERVIEW: N Brown Plans US Launch Of More Brands
6th Jul 2010 09:16
By Hannah Benjamin Of DOW JONES NEWSWIRES LONDON (Dow Jones)--Home shopping retailer N. Brown Group PLC (BWNG.LN) Tuesday said it plans to sell more of its brands in the U.S. if the imminent launch of its Simply Be range is a success. "This is our first foray over there and I think there
Read moreN Brown sales grows slows
6th Jul 2010 07:50
Internet and catalogue home shopping company N. Brown posted weaker than expected sales figures and said trading since the general election has been subdued. In the 18 weeks ended 3 July, total group revenue increased by 1.1% with sales 0.1% ahead on a like for like basis. In the 8 weeks to 24 Apri
Read moreHome Shopping Retailer N Brown Post-Election Trade "Subdued"
6th Jul 2010 07:35
LONDON (Dow Jones)--Home shopping retailer N. Brown Group PLC (BWNG.LN) Tuesday said trading has been "subdued" since the U.K. general election, with comparable sales ticking up just 0.1% in the 18 weeks to July 3. The firm--which sells clothes for big and tall people through catalogues and onli
Read moreTuesday preview: Persimmon, Tullow, Punch
5th Jul 2010 16:15
As the credit crunch began to ease last year so the share prices of housebuilders bounced back strongly, but there are signs of the rally running out of steam as housing market data gets a bit spotty. Sector leader Persimmon updates the market on Tuesday with its pre-close statement, and Panmure Go
Read moreMARKET TALK: Investec Neutral On UK Retail Post Budget >NXT.LN
23rd Jun 2010 11:00
1000 GMT [Dow Jones] UK retailers look to have escaped the emergency budget no worse-off than feared, says Investec Securities, "with some indications that the coalition government is mindful of the need to balance growth and spending cuts." The brokerage retains a neutral weighting on the sector. "
Read moreLondon afternoon: Market takes tax hikes on chin
22nd Jun 2010 14:17
Footsie is still in the red after chancellor George Osborne's first Budget, which contained a huge raft of tax and benefit changes, most of which will raise revenue for the government. VAT is going up from 17.5% to 20%, capital gains tax is rising to a flat rate of 28% while the banks and building
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