Sports Direct takes profits from JD stake
14th Mar 2016 09:51
(ShareCast News) - Sports Direct has taken some profits from its investment in rival JD Sports, selling 1.08m shares it was revealed on Monday. The FTSE 100 sports goods retailer, whose canny chief Mike Ashley has a history of short- and long-term investments in rivals, took its contract for differ
Read moreNew JD Sports director to support global expansion
12th Feb 2016 07:12
(ShareCast News) - JD Sports Fashion's global expansion plans were boosted on Friday, with the appointment of Andy Rubin to the group's board as a non-executive director. The FTSE 250 fashion retailer said Rubin was currently chairman of Pentland Brands, a director of Pentland Group and the European
Read moreFTSE 250 movers: Underdone Restaurant Group drives market down
14th Jan 2016 15:39
(ShareCast News) - The FTSE 250 fell sharply on Thursday, down 259.61 points (1.55%) to 16,436.16 by mid-afternoon. Restaurant Group's year-end trading update came out undercooked after it revealed sales slowed in the final weeks of the year, with the market expecting a boost from the favourable cin
Read moreJD Sports Christmas sales sprint ahead 10%
14th Jan 2016 08:04
(ShareCast News) - A bumper Christmas saw sales at sports and fashion retailer JD Sports sprint ahead by 10.6% and the company said it now expected full year headline profit before tax and exceptional items to beat expectations of £136m by up to 10%. The company also said the termination of a projec
Read moreJD Sports sees full year ahead of market expectations
3rd Dec 2015 15:40
(ShareCast News) - Shares in JD Sports Fashion bobbed higher in afternoon trade after the company said it expects headline profit before tax and exceptional items for the current financial year to exceed consensus market expectations of £125m by £10m. The sports retailer said relatively strong tradi
Read moreThursday newspaper share tips: SABMiller, JD Sports Fashion and Smart Metering Systems
17th Sep 2015 10:37
(ShareCast News) - It's time to say cheers and order another round in for SABMiller, according to Lex in the Financial Times. It comes on the back of Wednesday's news that AB InBev is planning a takeover of the brewing company. The value is big (a combined enterprise value of $306bn and combined net
Read moreLondon open: Stocks climb ahead of UK jobs data
16th Sep 2015 08:30
(ShareCast News) - London stocks climbed on Wednesday before the release of the UK labour market report and the Bank of England's testimony before the Treasury Select Committee. The UK jobs report at 0930 BST is expected to show the employment change for the three months to July grew by 18,000 jobs,
Read moreJD Sports reports jump in pre-tax profit as sales up 10%
16th Sep 2015 07:47
(ShareCast News) - Retailer JD Sports said half-year sales had increased 10% with pre-tax profits almost doubling to £44.7m as the UK economy strengthened. However, it warned that government plans to introduce a "living wage" in April 2016 would harm future earnings. Revenue was up 21% to £809m. Ex
Read moreFTSE 250 movers: JD Sports surges on beefed up profit forecast, Moneysupermarket drops as Lewis sells shares
31st Jul 2015 15:12
(ShareCast News) - London's FTSE 250 index was up 0.6% at 17,618.23 at 14:51 BST, with online retailer JD Sports Fashion pacing the advance. Shares in JD Sports Fashion surged after the company said it expects its full-year profit to be 10% ahead of current market forecasts of around £110m, as tradi
Read moreJD Sports surges as it bumps up full-year profit forecast
31st Jul 2015 08:55
(ShareCast News) - Shares in JD Sports surged after the online retailer said it expects full-year profit to be 10% ahead of current market forecasts of around £110m, as trading in the first half of the year continued to be strong. In a brief trading update, JD said like-for-like sales remain in exce
Read moreLondon close: FTSE 100 drops to January lows on Greek uncertainty, traders await FOMC comments
17th Jun 2015 17:16
UK stocks fell for the fourth straight day on Wednesday with London's FTSE 100 finishing at its lowest level in five months as Greece continued to fight with creditors to secure a bailout deal. Investors were also showing caution ahead of the conclusion of a monetary policy meeting at the Federal Re
Read moreLondon open: UK stocks flat as investors watch Greece, Fed decision
17th Jun 2015 08:42
UK stocks paused at a three-month low on Wednesday morning ahead of a Federal Reserve policy decision, as negative newsflow from Greece continued to dampen risk appetite. The FTSE 100 was trading 0.1% lower at 6,703.24 after settling at 6,710.10 on Tuesday, its lowest close since 10 March. The inde
Read moreLondon pre-open: Stocks to rise ahead of Fed, Greece remains in focus
17th Jun 2015 07:29
UK stocks are expected to bounce slightly on Wednesday morning after settling at a new three-month low, as investors digest the latest news flow from Greece and await a Federal Reserve policy meeting. City sources predict the FTSE 100 will open 16 points higher than Tuesday's close of 6,710.10, its
Read moreJD Sports makes strong start despite "challenging" comparatives
17th Jun 2015 07:10
High street sports retailer JD Sports Fashion said it expects to meet annual forecasts after a solid start to the year despite tough comparatives and weaker margins in Europe. The group said that it made a "strong start" over the first 19 weeks of the financial year starting 31 January. JD said it
Read moreFTSE 250 movers: Debenhams surges on strong H1, Telecom Plus lower on profit warning
16th Apr 2015 13:41
Debenhams topped the risers after posting half-year results above its forecast, reversing a decline in sales over its financial first quarter. "Overall we delivered a good first half performance despite a difficult clothing season in Autumn and we are on track to achieve full year expectations," sai
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