Director dealings: Centamin chair scoops £17.9m after two days of share selling
10th Feb 2017 16:19
(ShareCast News) - Centamin chairman Josef El-Raghy jettisoned more shares in the Egypt-based gold miner on Friday, taking his proceeds from two days of sales to £17.9m. El-Raghy sold 5m shares in the gold miner at 173.00p each on Thursday, scooping up £8.65m. On Wednesday, he sold 5.45m shares at 1
Read moreDunelm's shares rise as Numis upgrades rating to 'buy'
10th Feb 2017 10:59
(ShareCast News) - Dunelm Group's shares advanced on Friday as Numis upgraded the stock to 'buy' from 'add' and reiterated a target price of 825p. The homewares chain on Wednesday reported a 26% fall in pre-tax profit to £55.9m in the first half, blaming a weaker market and a temporary disruption to
Read moreThursday broker round-up
9th Feb 2017 08:59
(ShareCast News) - Hargreaves Lansdown: Citi reiterates Sell with a target price of 1200p. Rio Tinto: Deutsche Bank reiterates Buy with a target price of 4000p. Redrow: Deutsche Bank reiterates Hold with a target price of 548p. Mondi: Jefferies reiterates Buy with a target price of 2000p. Easyjet
Read moreDunelm first-half profit drops 26%
8th Feb 2017 07:49
(ShareCast News) - FTSE 250 homewares retailer Dunelm posted a 26% drop in pre-tax profit in the first half amid a weaker market. In the 26 weeks to 31 December 2016, pre-tax profit fell to £55.9m from £75.5m a year ago, as sales rose 2.8% to £460.5m. On a like-for-like basis, however, sales declin
Read moreSunday newspaper round-up: Industrial strategy, May to meet Trump, Barclays, courgettes
22nd Jan 2017 15:04
(ShareCast News) - Theresa May will on Monday reveal her '10 pillars' industrial strategy that will aim to boost sector productivity. The Sunday Times said the Prime Minister's long-awaited green paper includes measures to improve skills, boost scientific research, and increasing spending on broadba
Read moreFriday broker round-up
13th Jan 2017 09:27
(ShareCast News) - Tesco: Goldman Sachs reiterates Sell on target price of 150p. Ladbrokes Coral: Barclays starts coverage with Overweight (previously Rating Suspended) on target price of 160p. Premier Oil: Barclays upgrades to Equal Weight on target price of 100p. Randgold Resources: Berenberg up
Read moreDunelm's revenue rebound in second quarter after 'difficult' first
12th Jan 2017 07:45
(ShareCast News) - Dunelm's second quarter revenue improved following a "difficult" first quarter, as the homewear retailer benefited from a recent acquisition that intensified its focus on the online channel. Revenue rose 6.6% in the 13 weeks ended 31 December to £261.9m, compared to the same perio
Read moreDunelm to buy Worldstores owner WS Group for £8.5m
28th Nov 2016 07:28
(ShareCast News) - Homewares retailer Dunelm has agreed to buy the assets of the WS Group - which owns Worldstores, Achica and Kiddicare - for £8.5m. The WS Group currently generates annualised revenue of around £100m and has approximately 650 employees. Worldstores is one of the UK's largest onlin
Read moreDirector dealings: Dunelm CEO and wife go on share shopping trip
10th Oct 2016 15:03
(ShareCast News) - After shares in the homewares retailer sank below their post-referendum low, Dunelm chief executive John Browett and his wife popped out on a bargain-hunting trip and returned home with a bagful of shares. Browett, who was appointed by the FTSE 250 company in January after a curta
Read moreMonday broker round-up
10th Oct 2016 13:30
(ShareCast News) - Easyjet: Societe Generale downgrades to sell with a target price of 820p. BP: Barclays reiterates overweight, 600p target. Lloyds: Citigroup keeps at sell with a 48p target. Unilever: Jefferies reiterates hold with a 3530p target. Royal Dutch Shell: Barclays keeps at overweight
Read moreFTSE 250 movers: Gold miner Hochschild leads mid-caps lower
6th Oct 2016 15:00
(ShareCast News) - The FTSE 250 retreated further away from its all-time high on Thursday, stung by Brexit worries and investor caution that it may be vulnerable to the reaction to Friday's US non-farm payrolls report. After business group's stressed the importance of immigration to government earli
Read moreDunelm's Q1 revenue falls due to unusually warm weather
6th Oct 2016 07:06
(ShareCast News) - Homeware retailer Dunelm's first quarter revenue fell due to the unseasonably warm weather. For the four months ended 1 October, revenue fell by 1.8% to £198.7m, compared to the same period last year. Like-for-like sales growth from stores and the home delivery service also decre
Read moreSunday share tips: Berkeley Energia, DFS, Dunelm
2nd Oct 2016 16:39
(ShareCast News) - Shares in Berkeley Energia are set to rise as its uranium mine near in Salamanca comes into production, the Mail on Sunday´s Midas column said. With the ability to supply all the uranium fuel needed to provide for all of the UK´s energy needs over the next five-and-a-half years, i
Read moreThursday broker round-up
22nd Sep 2016 13:35
(ShareCast News) - Dunelm: HSBC starts coverage at buy with a target price of 1000p. Brown N Group: UBS keeps at neutral, 190p target. Tesco: Barclays keeps at neutral with a 215p target. Associated British Foods: Credit Suisse reiterates outperform with a 3550p target. BBA Aviation: Barclays kee
Read moreBroker tips: Dunelm, BBA Aviation, Pearson
22nd Sep 2016 10:00
(ShareCast News) - Dunelm Group's shares rose on Thursday as HSBC initiated the stock at a 'buy' rating and target price of 1,000p. HSBC said the home furnishings retailer has strong management and an attractive business model with high margins, cash flow and returns. "It is the leading UK homeware
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