London close: Stocks slip as US CPI slows, UK GDP stagnates

11th Sep 2024 16:51

(Sharecast News) - London's stock markets closed weaker on Wednesday, reflecting caution among investors following weaker-than-expected inflation data from the US and economic stagnation in the UK.

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Dunelm FY profit, sales rise despite 'softer' market

11th Sep 2024 07:28

(Sharecast News) - Homeware retailer Dunelm reported a rise in full-year profit and sales on Wednesday despite a "softer" market.

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Wednesday preview: US presidential debate, Dunelm in the spotlight

10th Sep 2024 14:37

(Sharecast News) - Overnight on Wednesday investors will be closely watching the televised US presidential debate.

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RBC names M&S and Currys as top UK retail picks

29th Jul 2024 08:53

(Sharecast News) - Wage inflation and easier comparatives with last year could lead to a pick-up in demand for UK retailers this autumn, according to RBC Capital Markets which has highlighted M&S and Currys as its top stock picks.

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Canaccord Genuity raises target price on Dunelm

19th Jul 2024 09:32

(Sharecast News) - Analysts at Canaccord Genuity raised their target price on home furnishings retailer Dunelm from 1,250.0p to 1,325.0p on Friday, stating the firm's "strong finish" to FY24 had driven a "small" earnings beat.

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London close: Stocks finish higher after UK, US jobs data

18th Jul 2024 16:03

(Sharecast News) - London stocks remained positive by the close on Thursday, buoyed by investor reactions to new employment data from the United States and the UK.

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Dunelm sees FY profit 'slightly ahead' of market views after 'strong' Q4

18th Jul 2024 07:14

(Sharecast News) - Homewares retailer Dunelm said on Thursday that full-year pre-tax profit was set to be "slightly ahead" of current market expectations of £200m after a "strong" final quarter.

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Canaccord initiates coverage on 10 multi- channel retailers

8th Jul 2024 07:22

(Sharecast News) - Canaccord Genuity initiated coverage on 10 multi-channel retail stocks on Monday as it said the outlook is looking brighter.

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Director dealings: Dunelm director raises stake

20th May 2024 15:33

(Sharecast News) - Dunelm revealed on Monday that non-executive director Ajay Kavan had acquired 2,450 ordinary shares in the FTSE 250-listed home furnishings retailer.

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Director dealings: Dunelm non-executive director makes share purchase

7th May 2024 15:48

(Sharecast News) - Dunelm revealed on Tuesday that non-executive director Ajay Kavan had acquired 2,471 shares in the FTSE 250-listed homewares retailer.

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Dunelm shares hit by Q3 sales slowdown

18th Apr 2024 07:56

(Sharecast News) - Dunelm shares dropped 5% on Thursday after the homewares retailer reported a slowdown in sales growth in its third quarter due to "volatile" trading conditions.

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Berenberg downgrades DFS, prefers Dunelm

28th Mar 2024 15:01

(Sharecast News) - Analysts at Berenberg downgraded their recommendation for shares of DFS Furniture from 'buy' to 'hold' on anticipation that management's guidance for improved demand in mid-2024 would prove premature.

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London close: Stocks fall as US inflation tops forecasts

14th Mar 2024 16:33

(Sharecast News) - London's equity markets finished in negative territory on Thursday, driven by a flurry of stocks going ex-dividend and investor reactions to the latest US producer inflation and jobless data.

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London close: Stocks rise as UK inflation holds steady

14th Feb 2024 15:23

(Sharecast News) - London markets ended the day on a positive note on Wednesday as housebuilders rallied, following data indicating that UK inflation remained steady in January.

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Dunelm rewards shareholders as H1 profits, sales rise

14th Feb 2024 07:04

(Sharecast News) - UK furniture and homewares chain Dunelm lifted its dividend and declared a special payout after a rise in interim profits and sales amid volatile trading conditions.

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