London close: Stocks end choppy session firmly lower as data disappoints
6th Jan 2015 17:19
It was a volatile day for the UK equity market with stocks swinging between losses and gains for most of the session, with a late sell-off sending the FTSE 100 firmly in the red by the close. Service-sector activity data from across the globe largely came in below expectations with weak figures from
Read moreJD Sports sells Bank Fashion business
25th Nov 2014 13:31
JD Sports Fashion has sold its Bank Fashion business to a subsidiary of Hilco Capital, which the retailer said should result in a substantial recovery of its inter-company loan. It said the exact amount would be confirmed at a later date. Executive chairman Peter Cowgill said: "We have decided tha
Read moreSports Direct rumoured to be sizing up bid offer for Findel's Kitbag
16th Nov 2014 17:50
Sportswear retailer Sports Direct is rumoured to have its eye on Kitbag, the football strip retailer, which was put on the market by owner Findel at the beginning of the month. Debt-laden Findel is likely to receive offers from Sports Direct's high street competitor JD Sports, according to speculato
Read moreFTSE 250 movers: Vedanta climbs on bauxite hopes
29th Oct 2014 15:42
Diversified metals and mining major Vedanta Resources was higher after chairman Anil Agarwal said the problems with bauxite supplies to its Lanjigarh aluminium refinery in three or four month's time. "The state government has assured us that they are working on 2-3 alternative bauxite mines for our
Read moreLondon midday: Miners lead UK stocks higher as investors await FOMC
17th Sep 2014 11:46
Stimulus measures in China helped UK stocks higher on Wednesday with the heavyweight mining sector on the rise, though gains were limited as investors treaded cautiously before a policy decision from the Federal Reserve. The FTSE 100 was trading up 0.15% at 6,803 by midday after settling at 6,792.24
Read moreLondon open: Stocks edge higher ahead of FOMC, BoE minutes
17th Sep 2014 08:20
UK stocks edged higher on Wednesday morning after a positive session on Wall Street, though gains were only modest ahead of the hotly-anticipated Federal Open Market Committee (FOMC) statement and Bank of England minutes. London's FTSE 100 was trading 0.2% higher at 6,805 in early deals, after settl
Read moreJD Sports Fashion doubles interim profits
17th Sep 2014 07:34
Despite disappointing results in the fashion division, sportswear retailer JD Sports Fashion more than doubled first-half profits year-on-year thanks to strong performances across sports and outdoor clothing. Group revenue was up 27% to £721.5m in the six months to 2 August, driven by strong perform
Read moreLondon midday: UK stocks near one-month low as retailers drop
16th Sep 2014 11:49
UK stocks were trading at levels not seen in nearly a month on Tuesday as a sharp drop in German economic confidence and disappointing data from China dampened sentiment. A profit warning from online fashion retailer ASOS and a disappointing updates from Thomas Cook, N Brown and Crest Nicholson were
Read moreJD Sports eyes satisfactory increase in first-half profit
17th Jun 2014 07:34
- Expects satisfactory increase in first-half profit - Build up to World Cup boosts demand at Sports fascias - Outdoor division making progress, mixed performance at Fashion Sportswear and outdoor clothing and equipment retailer JD Sports said, based on the trading performance to date, it expects
Read moreFTSE 250 movers: Oxford Instruments rises after strong results
10th Jun 2014 13:58
Technology tool maker Oxford Instruments was higher after hailing an improved set of full-year results, with orders, sales and profits all ahead of the prior year. JD Sports Fashion was lifted by expectations of increased sales ahead of the start of the World Cup on Friday. Lonmin led to the down
Read moreFTSE 250 movers: JD Sports recovers after CEO exit
2nd Jun 2014 14:27
JD Sports Fashion recovered somewhat from last week's losses which came after it announced the exit of Chief Executive Officer Barry Bown. Brownfield land developer St Modwen Properties also rose after it reported that strong momentum has continued with a growing pipeline of development opportunit
Read moreJD Sports Fashion CEO steps down
30th May 2014 15:58
JD Sports Fashion Chief Executive Barry Bown will step down from the board with immediate effect, the sports retailer announced on Friday. Bown has worked for the company since 1984 and was second in charge after Executive Chairman Peter Cowgill. The group provided no reason for Bown's decision to
Read moreLondon midday: Stocks slip on mixed earnings, Ukraine tensions
7th May 2014 11:57
- Markets give mixed reaction to corporate earnings - Ukraine tensions continue to rise - Investors nervous ahead of Yellen speech techMARK 2,783.30 -0.31% FTSE 100 6,773.54 -0.37% FTSE 250 15,890.46 -0.30% A flurry of mixed corporate earnings pushed UK markets lower on Wednesday morning, while in
Read moreLondon open: Ukraine concerns dampen stocks early on
7th May 2014 09:25
- L&G, G4S, Sainsbury and ITV lead risers - WM Morrison, ex-div stock provide a drag - Ukraine tensions continue to rise - Markets nervous ahead of Yellen speech techMARK 2,784.08 -0.29% FTSE 100 6,774.00 -0.36% FTSE 250 15,870.07 -0.43% Ongoing tensions in Ukraine and a host of mixed corporate ea
Read moreLondon open: Ukraine concerns dampen markets early on
7th May 2014 08:24
- L&G, G4S, Sainsbury and ITV lead risers - WM Morrison, ex-div stock provide a drag - Ukraine tensions continue to rise - Markets nervous ahead of Yellen speech techMARK 2,785.10 -0.25% FTSE 100 6,779.09 -0.29% FTSE 250 15,870.62 -0.43% Ongoing tensions in Ukraine and a host of mixed corporate ea
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