Halfords drives through revenue growth
27th Jul 2010 07:20
Car parts and bicycles retailer Halfords drove through a 9.6% rise in group revenue from 3 April to 26 July, helped by its acquisition of Nationwide Autocentres in February, but it issued a cautionary stance on the economic environment. Halfords said it remains on track to deliver full year earning
Read moreTuesday preview: BP, ARM, Halfords
26th Jul 2010 16:26
Beleaguered oil giant BP is expected to announce a headline loss when it announces second quarter results on Tuesday as a result of provisions for the Gulf of Mexico crisis, though estimates of how big the loss will be vary, as analysts try to guess whether BP will swallow its poison in one gulp or
Read moreHalford Sees Priority, Opportunities In UK - Newspaper
25th Jul 2010 14:10
LONDON (Dow Jones)--Halfords Group PLC (HFD.LN), the car parts and cycle retailer, said the priority of its operations is in its core market of the U.K., where the company sees further growth opportunities, according to a report in The Mail on Sunday. "Our priority is Britain, where we see oppor
Read moreMarks & Spencer Halts Search For Strategy Director -FT
3rd Jul 2010 12:39
LONDON (Dow Jones)--Marks & Spencer Group PLC (MAKSY, MKS.LN) has abandoned its search for a strategy director, facing concerns over the compensation of Chief Executive Marc Bolland and Sir Stuart Rose, who preceded him, the Financial Times in London reported Saturday, citing people familiar with th
Read moreUK MARKET TALK ROUNDUP: BROKERS COMMENTS
25th Jun 2010 08:20
Broker comments in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 0720 GMT [Dow Jones] Morgan Stanley downgrades Halfords (HFD.LN) and Kingfisher (KGF.LN) to equalweight from overweight; it k
Read moreMARKET TALK: M Stanley Revises UK Retail Sector Views >KGF.LN
25th Jun 2010 08:20
0720 GMT [Dow Jones] Morgan Stanley downgrades Halfords (HFD.LN) and Kingfisher (KGF.LN) to equalweight from overweight; it keeps its Halfords target at 540p but cuts Kingfisher to 225p from 240p. Even before the budget, there were signs UK consumer spending was under pressure, notes Morgan Stanley.
Read moreMARKET TALK: HSBC Lifts Halfords Price Target;Keeps Overweight
21st Jun 2010 10:09
0909 GMT [Dow Jones] HSBC increases Halfords (HFDS.LN) price target to 685p from 580p. Says the pretax profit announced in the FY results is in line with HSBC's forecast and marginally beats consensus estimates. Says the stock is defensive, and the company is consistent with its predictable cash gen
Read moreUK MARKET TALK ROUNDUP: SHARES GAINING
21st Jun 2010 10:09
Stocks on the rise in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 0909 GMT [Dow Jones] HSBC increases Halfords (HFDS.LN) price target to 685p from 580p. Says the pretax profit announced in
Read moreBroker tips: Halfords, Ted Baker, Nationwide Accident
15th Jun 2010 12:39
Income investors should take a look at Halfords in the view of FinnCap, which has initiated coverage of the car parts and cycles retailer. "Following very solid preliminary results from Halfords, we initiate coverage of the company with a buy recommendation that is based on the resilience of the gr
Read moreBroker snap: Resilient Halfords undervalued
15th Jun 2010 12:37
Income investors should take a look at Halfords in the view of FinnCap, which has initiated coverage of the car parts and cycles retailer. "Following very solid preliminary results from Halfords, we initiate coverage of the company with a buy recommendation that is based on the resilience of the gr
Read moreBroker tips: Fuller's, Brit, Halfords
11th Jun 2010 13:33
Results from Fuller, Smith & Turner have, like a pint of the brewer's London Pride, gone down well. After a better than expected set of results from the brewer and pubs group owner Panmure Gordon has reiterated its "buy" recommendation and 614p price target. "Fuller's continues to offer a rare and
Read moreBroker snap: Too soon to take profits on Halfords
11th Jun 2010 13:07
Singer Capital Markets has nudged up its price target for Halfords after the car parts and cycles retailer delivered what it called a strong set of results, and is advising clients to resist the temptation to take profits on the stock. Based on Singer's projected earnings for fiscal 2011 Halfords t
Read moreMARKET TALK: Citigroup Lifts Halfords Price Target
11th Jun 2010 08:04
0704 GMT [Dow Jones] Citigroup raises Halfords (HFD.LN) price target to 630p from 570p after rolling forward the target year and after EPS increases. Says the preliminary results show pretax profit slightly ahead of forecasts, while the company is targeting 15% EPS compound annual growth rate over t
Read moreUK MARKET TALK ROUNDUP: SHARES GAINING
11th Jun 2010 08:04
Stocks on the rise in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 0704 GMT [Dow Jones] Citigroup raises Halfords (HFD.LN) price target to 630p from 570p after rolling forward the target ye
Read moreLondon close: Decent day for Footsie
10th Jun 2010 16:43
Footsie closed up handily after a decent start on Wall Street on a day dominated again by the problems besetting oil giant BP. On the economic front the Bank of England's Monetary Policy Committee, as expected, left its interest rate and quantitative easing policies unchanged. The European Central
Read more