Card Factory interim profit jumps; special dividend announced
22nd Sep 2015 07:17
(ShareCast News) - Card Factory posted a jump in interim pre-tax profit on the back of strong revenue growth, as it announced a special dividend. For the six months ended 31 July, underlying pre-tax profit rose 72.3% from the same period last year to £25.7m on revenue of £161.4m, up 8%. Group earni
Read moreFTSE 250 movers: Kier Group rebounds from last week; Rotork falls after downgrade
21st Sep 2015 14:03
(ShareCast News) - After a slow morning on Monday, the FTSE 250 was up 0.25% or 43.22 points to 16,993.95. Kier Group has started to bounce back after last week's fall from grace. The stock slumped despite reporting a jump in pre-tax profit for the year ended 30 June as revenue rose thanks to a soli
Read moreBroker tips: Card Factory, Direct Line, Serco
11th Aug 2015 14:03
(ShareCast News) - Broker Peel Hunt reiterated its 'buy' recommendation for Card Factory, saying the retailer was one of its top picks for the sector, especially as it was "all systems go" for the upcoming special dividend. First-half results from the FTSE 250 group indicated a 1% acceleration in th
Read moreCard Factory more like Cash Factory for Peel Hunt analysts
11th Aug 2015 09:52
(ShareCast News) - Broker Peel Hunt reiterated its 'buy' recommendation for Card Factory, saying the retailer was one of its top picks for the sector, especially as it was "all systems go" for the upcoming special dividend. First-half results from the FTSE 250 group indicated a 1% acceleration in th
Read moreCard Factory sent lower despite strong first-half sales
11th Aug 2015 08:15
(ShareCast News) - A first-half trading update from Card Factory revealed the retailer enjoyed better than expected like-for-like sales growth of 2.7% as it confirmed a return of surplus cash will be made later in the year. Total sales grew 8.0% during the six months to 31 July, up from the 7.5% in
Read moreFTSE 250 movers: N Brown higher on stable full-year guidance, PZ Cussons downgraded
19th Jun 2015 13:51
Mid caps gained slightly on Friday as strong performances from construction, telecommunication and retail stocks offset a disappointing end to the Eurogroup meeting on Greece. As of 1545 BST, the FTSE 250 was trading 0.12% higher at 17,700. N Brown, the home shopping group which brands such as Simp
Read moreFTSE 100 movers: Hikma surges on upgrade, miners retreat
19th Jun 2015 13:50
UK stocks inched higher on Friday, despite an underwhelming outcome to the Eurogroup's meeting on Greece, with Hikma and Ashteadin the lead after broker upgrades. As of 15:00 BST, the FTSE 100 was trading 0.1% higher at 6,714. Pharmaceuticals group Hikma was a high riser after analysts at Citigroup
Read moreCard Factory senior staff to sell shares
19th Jun 2015 07:26
Card Factory said on Friday that certain directors and members of its senior management team plan to sell around 7.4m shares in the company via an accelerated bookbuild placing. The placing represents around 2.2% of the issued share capital of Card Factory an will be managed by UBS, acting as sole b
Read moreFTSE 250 movers: Energy stocks surge, Carillion higher on Outland acquisition
29th May 2015 12:45
The London market shook off early morning losses in the afternoon, buoyed by strong performances in the telecommunications, construction and insurance sectors. As of 15:00 BST, the FTSE 250 was trading 0.06% higher at 18,250. Ophir Energy was making gains thanks to an upgrade, with Barclays making
Read moreThursday tips round-up: Brewin Dolphin, Card Factory
28th May 2015 13:19
Brewin Dolphin's share price took a hit despite reporting progress in beefing up its profit margins during its first half. Those improved to 22.3% from 20.8%. However, at 4% its organic rate of growth in revenues - new business won by the existing work force - was disappointing. Rivals are doing bet
Read moreCard Factory on track to deliver annual targets
27th May 2015 08:08
Gift and greeting cards retailer Card Factory said it was on track to meet its annual expectations after a solid performance in the first quarter. In the first three months of its financial year to 30 April, the London-listed group said revenue rose 7.5% year-on-year, slightly below the 8.5% growth
Read moreFTSE 250 movers: Homeserve higher on strong winter trading, oil stocks and miners lower
27th Mar 2015 13:13
Homeserve was trading higher after a reassuring trading statement that revealed trading in its busy winter period had been "good" and in line with its full-year targets. Management was also pleased with levels of customer growth across the international businesses, having reported good customer numb
Read moreThursday tips round-up: Bellway, CardFactory
26th Mar 2015 17:45
There is no sign that housing is cooling off, homebuilder Bellway told investors. Since January its reservations were up by 10%, despite the uncertainty surrounding the upcoming elections. In the latest half-year, ended in January, the company increased its spend on land by 48% to hit £355m - althou
Read moreFTSE 250 movers: Supergroup surges on dividend announcement, energy stocks higher
26th Mar 2015 13:56
Fashion firm Supergroup topped the risers after saying it would begin paying dividends with an interim payout in its 2015-16 financial year. Chief executive Euan Sutherland also revealed a surprise repurchase of it North American rights. Energy stocks were trading higher as oil prices spiked, includ
Read moreLondon close: FTSE 100 pulled below 7000 by declines on US markets
25th Mar 2015 16:51
London's FTSE 100 accelerated in the red by the end of Wednesday's session with declines in US markets offering direction to the downside. Late in Europe, Dow Jones Industrial Average is down 1.1% in New York and the S&P500 is off 0.9% in low volume trade with markets cutting exposure following poor
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