Dunelm pleased with start to new trading year
16th Sep 2010 07:43
Out of town homewares retailer Dunelm has posted profits slightly ahead of expectations following sharply higher like for like sales, and announced a new CEO. Analysts had pencilled in a figure of £76.2m for pre-tax profits, but the company topped that with profits of £76.8m, up from £53.5m last ye
Read moreWednesday tips round-up: Misys, Arm, Croda
28th Jul 2010 06:53
Reckitt Benckiser is looking for more bolt-on acquisitions in the health and personal care area - and SSL is an excellent purchase, although at £2.54bn it cannot be described as cheap. However, you have to pay for quality and SSL will fit well with Reckitt. The shares are trading on a December 201
Read moreLondon close: Lead slashed as miners fail
27th Jul 2010 16:37
A big chunk of the morning's hard-fought gains went up in smoke late in the session as an early rally on Wall Street quickly turned into nothing. Miners were the main culprits. All the big guns gave back big leads mid-afternoon following stronger-than-expected US home-price data that helped the dol
Read moreLondon afternoon: Basel boost for banks
27th Jul 2010 14:32
Banking stocks have wrenched attention away from BP this morning, with the major UK banks lifted by strong figures from European peers Deutsche Bank and UBS and also by rumours that banking regulator the Basel Committee is set to lower its minimum capital and liquidity requirements. Barclays, Lloy
Read moreBroker tips: Halfords, Games Workshop, PV Crystalox
27th Jul 2010 13:25
Charles Stanley is leaving its full year earnings estimates for Halfords unchanged, despite the sluggish start to the new financial year made by the bike and car parts retailer. "Halfords' Q1 [first quarter] trading update was slightly weaker than expected at the sales level, but full year PBT [pro
Read moreBroker snap: Buy Halfords on the dips
27th Jul 2010 13:15
Charles Stanley is leaving its full year earnings estimates for Halfords unchanged, despite the sluggish start to the new financial year made by the bike and car parts retailer. "Halfords' Q1 [first quarter] trading update was slightly weaker than expected at the sales level, but full year PBT [pro
Read moreUK SMALLCAP ROUNDUP: Argos Resources To Raise GBP22 Mln
27th Jul 2010 12:30
Dow Jones smallcap news is now on Twitter, allowing you to catch up on the news away from your desk. Go to http://twitter.com/DJ_UK_Smallcaps ARGOS RESOURCES LTD., an oil and gas explorer focused on the Falkland Islands, Tuesday said it agreed to raise GBP22 million in an admission to London's
Read moreMARKET TALK: Halfords On Track - Investec
27th Jul 2010 12:10
1110 GMT [Dow Jones] Halfords' (HFD.LN) 1Q update shows the company remains on track to deliver FY '11 earnings in line with previous guidance, Investec Securities says. Says 1Q like-for-like sales were in line with the brokerage's expectations given adverse weather and World Cup effects. "With gros
Read moreUK MARKET TALK ROUNDUP: SHARES LOSING
27th Jul 2010 12:10
Stocks on the fall in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 1110 GMT [Dow Jones] Halfords' (HFD.LN) 1Q update shows the company remains on track to deliver FY '11 earnings in line wi
Read moreLondon midday: Shares edge higher
27th Jul 2010 11:56
London's blue chips are still edging higher, with banks leading the way after Swiss peer UBS beat earnings estimates. Barclays, Lloyds and Royal Bank of Scotland are the top risers in the FTSE 100. Net profit at UBS in the second quarter came to 2bn Swiss francs from a loss of 1.4bn francs last tim
Read moreFTSE 250 movers: Croda numbers impress market
27th Jul 2010 11:38
Croda's strong numbers have sparked a strong positive reaction. Record results at its two main divisions helped the speciality chemicals supplier double half year pre-tax profit, with strong trading trickling into the first weeks of the second half. Engineer Tomkins has motored ahead after its boar
Read moreUK SMALLCAP ROUNDUP: Halfords Revenue Boosted By Autocentres
27th Jul 2010 09:30
Dow Jones smallcap news is now on Twitter, allowing you to catch up on the news away from your desk. Go to http://twitter.com/DJ_UK_Smallcaps HALFORDS GROUP PLC (HFD.LN), a U.K. automotive and leisure products retailer, Tuesday announced a 9.6% rise in group revenue between April 3 and July 26
Read moreLondon open: Strong start for blue chips
27th Jul 2010 08:49
Footsie is making good gains in early trading, though BP, the big story this morning, has not joined in as yet. The oil giant BP confirmed Tony Hayward is to step down as chief executive of the group on 1 October to be succeeded by fellow executive director Bob Dudley. The group also unveiled a $
Read moreUPDATE: Halfords Says Trading Likely To Be Tougher In 2011
27th Jul 2010 08:26
(Adds CEO comment, analyst comment, detail, share price.) By Hannah Benjamin Of DOW JONES NEWSWIRES LONDON (Dow Jones)--U.K. automotive and leisure products retailer Halfords Group PLC (HFD.LN) Tuesday said trading is likely to be tougher next year, when consumers feel the full effects o
Read moreHalfords' 16-Week Revenue Up 9.6% On Autocentres Boost
27th Jul 2010 07:32
LONDON (Dow Jones)--U.K. automotive and leisure products retailer Halfords Group PLC (HFD.LN) Tuesday announced a 9.6% rise in group revenue between April 3 and July 26 as it benefited from its acquisition of the Nationwide Autocentres chain, although it said it remains cautious of the economic envi
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