JD Sports Fashion sees annual profit at lower end of forecasts
10th Jan 2013 08:08
Sportswear and outdoor clothing and equipment retailer JD Sports Fashion said it expects full year pre-tax profit to be towards the lower end of current market expectations after losses at its outdoor business. Market expectations for headline profit before tax and exceptional items is currently £
Read moreLondon close: Footsie rallies in afternoon trade
21st Nov 2012 16:30
- Greek aid agreement expected next week - Trading expected to be light tomorrow - Johnson Matthey tumbles six per cent after gloomy outlook The FTSE 100 opened on the back foot on Wednesday morning after the initial disappointment regarding a delay in funds to Greece; however comments by Eurozone
Read moreFTSE 250 movers: JD Sports rises on sales growth
21st Nov 2012 15:47
Sports apparel group JD Sports Fashion was higher after seeing like-for-like sales growth pick up slightly in the third quarter despite seeing what it labelled as a "tough" environment. Lonmin shares took a hit as disturbing video footage of August's tragedies at the Marikana mines was reviewed by
Read moreLondon midday: Stocks pare losses but market cautious
21st Nov 2012 11:54
- Eurogroup delays Greek aid - MPC minutes show 8-to-1 vote in favour of maintaining QE - Johnson Matthey and Compass lower after results UK stocks had trimmed losses by Wednesday lunchtime but was trading within a narrow range as investors remain cautious following an inconclusive meeting of Euroz
Read moreLondon open: Stocks fall as Greek aid delayed
21st Nov 2012 08:36
London's benchmark FTSE 100 index dropped into the red in early trading on Wednesday morning after Eurozone finance ministers delayed a decision on the next tranche of the Greek bailout. Matthew Nelson, a financial sales trader from Spreadex, said this morning: "The poor sentiment has not been aide
Read moreJD Sports sees pick-up in LFL sales growth
21st Nov 2012 07:30
Sports apparel retailer JD Sports Fashion saw like-for-like sales growth pick up slightly in the third quarter despite seeing what it labelled as a 'tough' environment. Like-for-like (LFL) sales in the core UK Sports and Fashion Fascias in the 16 weeks to November 17th grew by 1.5%, up from the 1.1
Read moreMonday broker round-up - UPDATE
22nd Oct 2012 08:19
888 Holdings: Morgan Stanley ups target from 125p to 130p, overweight rating kept. Aggreko: Jefferies cuts target from 2,800p to 2,535p, buy rating kept; HSBC downgrades to underweight, target cut from 2,350p to 1,750p; JPMorgan Cazenove cuts target from 2,360p to 2,165p, neutral rating kept; Barcl
Read moreLondon close: Late rally fizzles
18th Sep 2012 16:50
A late rally which briefly looked like it might see Footsie venture into positive territory for the first time all day was nipped in the bud right at the death. Equities had a dull but fretful day, which started with concerns over China becoming involved in a trade war with the US and a military wa
Read moreIrish eyeing JJB Sports
18th Sep 2012 14:47
Ireland's biggests sports shop chain could be looking to expand over the Irish Sea through the acquisition of cash-strapped JJB Sports. Sky News reports that Stafford Group, a family-owned private company which owns the Lifestyle Sports chain in Ireland, is among those companies in the running to b
Read moreLondon midday: Stocks pare losses after in-line macro data
18th Sep 2012 12:06
Inflation data was in line with forecasts while the Spanish debt auction went as well as could be expected, prompting London equities to claw back some of the losses seen in early trading The Consumer Prices Index (CPI) measure of inflation dropped to 2.5% in August, down from 2.6% in July, helped
Read moreLondon open: Stocks retreat ahead of inflation update
18th Sep 2012 08:54
London has opened lower ahead of this morning's inflation figures, with tensions in China putting investors in a cautious frame of mind. There are signs that US President Barack Obama may be keen to pick a fight with China over US jobs. Obama launched action at the World Trade Organisation (WTO) to
Read moreJD Sports hit after venturing into great outdoors
18th Sep 2012 07:03
JD Sports saw profits plunge in the first half as it worked to integrate outdoor activity chain Blacks, which it bought out of administration in January. The firm said Blacks had made an initial loss of £10m, as expected, due to a critical lack of stock and unsustainable cost base. It added the va
Read moreJD Sports passes rugby brand Canterbury to Pentland
23rd Aug 2012 07:33
JD Sports Fashion is to seek shareholder approval to sell the rugby equipment brand Canterbury to Pentland, a significant shareholder in the sports fashion-wear firm. Pentland, which has a 57.47% stake in JD, is to pay £22.7m for the Canterbury brand, subject to the approval of other JD shareholder
Read moreLondon close: Shareholder spring moves into summer at WPP
13th Jun 2012 17:08
It was an up and down day for the Footsie although the top-share index rarely strayed far from the previous day's closing value. The so-called "shareholder spring" of protest votes against bumper pay packages for executives continued with perhaps the biggest slap in the face so far, as 60% of votes
Read moreFTSE 250 movers: Oxford Instruments leaps into top spot
13th Jun 2012 15:28
High-tech Oxford Instruments jumped into the top spot as investors finally responded to what was an excellent set of results, having originally paid far more attention to warnings from Chief Executive Jonathan Flint that the economic turbulence in Europe, where around a third of the firm's revenues
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