Halfords chairman takes more shares
22nd Feb 2010 14:56
Halfords chairman Dennis Millard has increased his holding in the company on the same day the bicycle and car part retailer announced the acquisition of Nationwide Autocentres, a chain of car servicing and repair garages. He bought 15,000 shares at 431p a time, paying £43,100 and lifting his shareh
Read moreFTSE 250 movers: Retail weakness continues
15th Jan 2010 12:43
Retailers are still left on the shelf following some cautious trading updates from the sector earlier this week Music, books and films retailer HMV, bike and car parts chain Halfords, and department store group Debenhams, all of which issued Christmas trading statements this week, are in the red.
Read moreLondon close: Healthy gain for Footsie
14th Jan 2010 16:26
London blue chips rose near the close to finish the day handily ahead, despite a disappointing response to the latest retail updates. Primark and British Sugar owner Associated British Foods was one of the few risers. The group had a better than anticipated end to 2009 and expects a 'significant in
Read moreLondon afternoon: US data hits London
14th Jan 2010 14:28
Disappointing US retail sales for December had repercussions this side of the pond, prompting the morning's gains to be pared. US retail sales fell by 0.3% month-on-month in December, against expectations of a slight rise. Miners remain wanted with Xstrata, Rio Tinto, Kazakhmys and Antofagasta am
Read moreLondon midday: Miners lift Footsie
14th Jan 2010 12:08
Footsie is in the blue as strength in the mining sector offsets weakness among retailers following a stream of updates from the sector. Xstrata, BHP Billiton, Rio Tinto, Kazakhmys, Eurasian Natural Resources and Antofagasta are all among the best performers. Rio Tintohailed another very strong qu
Read moreLondon open: Miners leading the way
14th Jan 2010 08:25
Miners are leading London's top stocks higher in early dealings on a busy day on the company news front. Xstrata, Vedanta Resources, BHP Billiton, Rio Tinto, Kazakhmys, Eurasian Natural Resources and Antofagasta are all among the best performers. Rio Tinto hailed another very strong quarter for ir
Read moreLondon pre-open: Strong performance in store
14th Jan 2010 07:50
It's been a hectic start to the day with mostly favourable trading updates from the big hitters. Share prices look set to follow Wall Street's lead and open higher, with the FTSE 100 index expected to open up 47 points higher at 5,520. Mining giant Rio Tinto hailed 'another very strong quarter for
Read moreHalfords sees earnings at upper end
14th Jan 2010 07:34
Automotive and leisure products retailer Halfords expects earnings for the full year to be towards the upper end of market forecasts but said it remains cautious about the wider economic outlook in the near term. The group said earnings got a boost thanks to operating profit in the last quarter bei
Read moreThursday preview: DSG, Halfords, Home Retail ...
13th Jan 2010 16:36
Another slew of retailers are set to update the market on Thursday on how trading went over Christmas, among them DSG International, Halfords, Home Retail and Mothercare. Consumer electronics retailer DSG, which owns the Currys, PC World and Dixons brands, issues a trading update covering the final
Read moreBroker tips: Ryanair, miners, Halfords, Man
8th Jan 2010 13:10
Commerzbank has reiterated its hold stance of no-frills airline Ryanair with a target price of €3.50 after an update on the group's long-term strategy. The German broker says that following the cancellation of the large Boeing order at the end of last year Ryanair will concentrate on optimising yie
Read moreBroker snap: High hopes for Halfords
8th Jan 2010 09:59
Credit Suisse keeps Halfords as 'outperform', but has increased its 2009/10 profit forecast, while the price target goes up to 460p from 440p. The broker expects pre-Christmas sales to come through much stronger than previously expected and has increased its 2009/10 pre-tax profit estimate by 7% to
Read moreLondon close: Footsie ends weakly
19th Nov 2009 16:46
Footsie turned sharply lower at the close after a very poor start on Wall Street with the Dow down by more than 150 points in the first few hours. Miners bore the brunt of the selling with Antofagasta, Anglo American, Xstrata, Randgold Resources, Rio Tinto and Vedanta all lower. Platinum refiner J
Read moreLondon afternoon: Footsie stuck in the red
19th Nov 2009 14:06
Footsie is bumbling along close to its low for the day ahead of what is expected to be a weak start on Wall Street. Futures point to falls of anything between 50-70 points for the Dow when US trading starts, with weak metal prices likely to be a key theme. Here, lower metals have already hit the
Read moreLondon noon: Miners drag Footsie down
19th Nov 2009 12:00
Barely a fifth of the FTSE 100 constituents are in positive territory, but the fall on the blue-chip index is still modest, given the weakness of miners. With metals prices softening, the likes of Antofagasta, Anglo American, Xstrata, Randgold Resources, Rio Tinto and Vedanta are on the slide, as i
Read moreLondon open: Miners lead Footsie lower
19th Nov 2009 08:19
Miners are leading London's top stocks lower in early dealings on Thursday, while investors also have a stream of company updates to consider. Nine out of the ten worst performers are miners. Fresnillo, Xstrata, Antofagasta, Rio Tinto, Anglo American, Vedanta Resources, Eurasian Natural Resources,
Read more