Sector movers: Retailers mostly higher, but supermarket giants fall
11th Feb 2014 13:49
Retail stocks were putting in a mixed performance in London on Tuesday with general retailers making gains while supermarket chains headed lower. Overall, the UK retail sector registered healthy growth in January, according to figures released this morning by British Retail Consortium (BRC) which s
Read moreUK stocks rise ahead of Yellen, but Barclays slumps
11th Feb 2014 11:37
- Barclays drops seven per cent after 2013 results disappoint - Markets expecting 'dovish' Yellen, says analyst - Miners track metal prices higher - Retailers gain after economic data techMARK 2,825.35 +0.66% FTSE 100 6,643.63 +0.79% FTSE 250 16,012.87 +0.64% UK markets rose strongly on Tuesday as
Read moreLondon open: Stocks closing in on three-week high, but Barclays falls
11th Feb 2014 08:32
- Barclays down as profits fall - Babcock, miners, retailers lead the upside - Markets focus on Yellen ahead of House testimony techMARK 2,824.94 +0.65% FTSE 100 6,645.74 +0.82% FTSE 250 16,015.55 +0.66% UK markets were performing well on Tuesday morning as decent gains from Babcock, mining stocks
Read moreDunelm lifts dividend as profits rise, but LFL sales decline
11th Feb 2014 08:09
- Interim dividend up 11.1 per cent - Revenues rise 4.8 per cent, but LFL sales fall - Company 'cautious' about consumer spending trends Homewares retailer Dunelm raised its interim dividend by 11.1 per cent after profits edged higher in its first half, but said that like-for-like (LFL) sales decli
Read moreLondon close: UK markets hit two-month high as banks gain
7th Jan 2014 16:24
- FTSE 100 at highest level since November 4th - Eurozone inflation ramps up interest-rate speculation - Banks helped by funding data - IAG reports strong December traffic figures techMARK 2,789.43 -0.10% FTSE 100 6,755.45 +0.37% FTSE 250 16,069.19 +0.12% UK markets finished with decent gains on
Read moreFTSE 250 movers: Dunelm hit by profit taking
7th Jan 2014 15:16
Dunelm was one of the biggest fallers in what looked like profit taking in the shares after more than doubling in 2013 and issued an encouraging trading update on Tuesday. Broker Prime Markets issued a 'sell' recommendation as it thought the shares were likely to see a period of consolidation despit
Read moreBroker tips: Ashtead, Aberdeen, Dunelm
7th Jan 2014 11:39
Jefferies has raised its target price for equipment rental firm Ashtead from 880p to 900p and kept a 'buy' recommendation, citing the company's significant growth potential in the US. "With just 6% share of fragmented $33bn US equipment rental market, we believe by opening 50 additional branches p
Read moreLondon midday: Stocks gain, ECB in focus as inflation eases
7th Jan 2014 11:31
- Eurozone inflation eases to 0.8 per cent - ECB in focus ahead of meeting on Thursday - Banks lift Footsie into positive territory techMARK 2,796.28 +0.14% FTSE 100 6,761.20 +0.45% FTSE 250 16,076.04 +0.17% After a slow start, markets pushed into positive territory by Tuesday lunchtime as an unex
Read moreBroker snap: Dunelm's valuation justified after Q2 bounce-back, says Numis
7th Jan 2014 09:33
Numis Securities reiterated its 'add' rating and 1,000p target price for homeware retailer Dunelm after the company swung back to like-for-like (LFL) sales growth in the second quarter. LFL sales increased by 2.9% in the second quarter ended December 28th 2013, bouncing back strongly from the subst
Read moreLondon open: Markets flat as investors await Eurozone CPI
7th Jan 2014 08:18
- Eurozone CPI data in focus ahead of ECB meeting - US jobs report to be closely watched - Jefferies lifts Ashtead, ITV and BSkyB early on - Dunelm falls after Q2 sales update techMARK 2,791.39 -0.03% FTSE 100 6,728.37 -0.04% FTSE 250 16,030.92 -0.11% UK markets opened flat once again on Tuesday m
Read moreDunelm returns to LFL sales growth in second quarter
7th Jan 2014 07:22
- LFL sales grow 2.9 per cent in Q2 - H1 profits to rise slightly - Store expansion plans reiterated UK homeware retailer Dunelm was able to return to like-for-like (LFL) sales growth in the second quarter after a tough start to the year. The company said it expects to report a pre-tax profit for
Read moreTuesday preview: Airline companies to unveil latest traffic stats
6th Jan 2014 14:40
A handful of airline groups will release their latest traffic statistics on Tuesday including International Consolidated Airlines (IAG), easyJet and Aer Lingus. IAG, the parent company of British Airways, will report its December traffic statistics while Europe's easyJet and Ireland's Aer Lingus wi
Read moreWeek ahead: Economic data, central banks and retailers in focus
3rd Jan 2014 12:00
Activity on financial markets is expected to ramp up significantly next week as trading returns to normal following a relatively quiet festive season in terms of corporate news and economic data. "The first week of each month is typically the busiest", according to Market Analyst Craig Erlam from
Read moreLondon close: Markets slip on mixed manufacturing data, but retailers gain
2nd Jan 2014 16:37
- FTSE 100 pulls back after recent strong run - Manufacturing growth eases in China, UK and US - Debenhams CFO departs after profit warning techMARK 2,772.41 -0.32% FTSE 100 6,717.91 -0.46% FTSE 250 15,919.09 -0.10% UK markets finished the first session of the new year in the red after a host of
Read moreSector movers: Retailers bounce as sentiment recovers after Debenhams profit warning
2nd Jan 2014 14:55
The general retail sector was making small gains on Thursday, recovering after a Debenhams-inspired sell-off the previous session following its profit warning. Stocks across the sector sank sharply on Tuesday after department store Debenhams said it is now guiding to a pre-tax profit of just £85m
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