London close: Stocks slip as US GDP growth decelerates
28th Feb 2024 15:01
(Sharecast News) - London's equity markets experienced a downturn by the close on Wednesday, largely influenced by underperforming stocks such as St James's Place and Reckitt Benckiser, following disappointing financial results.
Read moreHalfords Christmas sales slump as customers hit the brakes
25th Jan 2024 07:55
(Sharecast News) - UK car parts and bike retailer Halfords on Thursday reported weaker-than-expected third-quarter sales, driven by a poor Christmas as customers reined in discretionary spending amid the cost-of-living crisis.
Read moreRedde Northgate boosts full-year outlook, shares spark
6th Dec 2023 10:47
(Sharecast News) - Redde Northgate boosted its full-year outlook on Wednesday, following a solid first half.
Read moreLondon close: Stocks mixed as US GDP growth tops forecasts
29th Nov 2023 16:40
(Sharecast News) - London markets closed with a mixed performance on Wednesday, influenced by a combination of UK data releases and robust economic growth in the US.
Read moreHalfords narrows full-year profit range
29th Nov 2023 07:22
(Sharecast News) - Halfords tumbled on Wednesday after the motoring and cycling products retailer narrowed its guidance range for annual profit as it highlighted a softening in demand for big-ticket discretionary categories.
Read moreRedde Northgate approaches Halfords over £1.4bn tie up - report
20th Nov 2023 08:10
(Sharecast News) - Van rental outfit Redde Northgate has made a £1.4bn merger approach for high street bike and car repair chain Halfords, the Sunday Telehgraph reported, citing unnamed sources.
Read moreHalfords said to be joining suitors for online retailer Wiggle
16th Nov 2023 13:07
(Sharecast News) - Halfords is reportedly joining a peloton of suitors for the stricken online retailer Wiggle.
Read moreJapan's Bridgestone takes 5% stake in Halfords software business
1st Nov 2023 09:43
(Sharecast News) - Halfords said on Wednesday that Bridgestone Americas will take a 5% stake in its Avayler business for $3m in cash.
Read moreHalfords surges on takeover speculation
12th Oct 2023 15:33
(Sharecast News) - Halfords shares surged on Thursday after markets blog Betaville reported in one of its 'uncooked alerts' that the motoring and cycling products retailer was at the centre of takeover speculation.
Read moreHalfords revenues underpinned by 'needs-based' categories
6th Sep 2023 09:11
(Sharecast News) - Retailer Halfords reported a jump in revenues on Wednesday, underpinned by demand for motoring services.
Read moreHalfords expecting return to profit growth
21st Jun 2023 09:45
(Sharecast News) - Halfords posted a decline in full-year profit on Wednesday but said it expects a return to profit growth.
Read moreRBC Capital downgrades Halfords, shares slump
26th May 2023 09:31
(Sharecast News) - Halfords was under the cosh on Friday after RBC Capital Markets downgraded the shares to 'sector perform' from 'outperform' and cut the price target to 220p from 230p.
Read moreBroker tips: Darktrace, Halfords, Asos
26th May 2023 07:43
(Sharecast News) - Cybersecurity firm Darktrace tumbled on Friday after Bank of America Merrill Lynch initiated coverage of the stock with an 'underperform' rating and a "street-low" price target of 240p, which implies 18% downside potential.
Read moreHalfords forecasts mid-term sales and profit growth
18th Apr 2023 08:16
(Sharecast News) - Bicycle and car products retailer Halfords said on Tuesday that it expects to see a rise in sales and profit in the mid term, as it recovers from "challenging conditions".
Read moreHalfords cuts FY profit guidance, shares tumble
12th Jan 2023 08:29
(Sharecast News) - Halfords shares tumbled on Thursday after the motoring and cycling products retailer cut its full-year profit guidance amid weakness in the consumer tyre market and labour shortages.
Read more