UK MARKET TALK ROUNDUP: BROKERS COMMENTS
9th Jun 2010 10:16
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] 0916 GMT [Dow Jones] Investec Securities raises JD Sports (JD.LN) price target to 930p from 900p following the company's trad
Read moreUK SMALLCAP ROUNDUP: Afnat Resources In JV With Rio Tinto
9th Jun 2010 09:30
Dow Jones smallcap news is now on Twitter, allowing you to catch up on the news away from your desk. Go to http://twitter.com/DJ_UK_Smallcaps AFNAT RESOURCES LTD. (AFNR.LN), an Africa-focused nickel, zinc and uranium miner, Wednesday said it agreed to enter a joint venture with mining giant Rio
Read moreJD Sports Comparable Sales Trend Improves On World Cup Boost
9th Jun 2010 07:35
LONDON (Dow Jones)--U.K. sportswear retailer JD Sports Fashion PLC (JD.LN) Wednesday said comparable sales growth continued to improve in its most recent eight weeks' trading, boosted by demand for soccer World Cup-themed products. The firm said U.K and Ireland comparable retail sales rose 4.1%
Read moreLondon close: Footsie moves past 5,800
14th Apr 2010 16:35
Positive sentiment as the US first quarter earnings season gets under way helped inject a bit of life into Footsie following recent sluggishness, sending it past the 5,800 point mark, though it settled slightly lower. Forecast-topping results from computer chip maker Intel yesterday were interprete
Read moreLondon afternoon: Upward trend continues
14th Apr 2010 14:26
London consolidated gains over the lunch-time session on another quiet day for corporate news. Forecast-topping results from computer chip maker Intel yesterday have been interpreted as a clear sign that the recovery in the global economy is not running out of steam, and that has led to a rise in b
Read moreLondon midday: BT heads field after broker tip
14th Apr 2010 12:02
Having been largely responsible for the Footsie's fall yesterday miners are driving the blue-chip index higher today, enabling the index to move close to the 5800 level despite the presence of the usual Wednesday batch of ex-dividend stocks. Forecasting topping results from computer chip maker Inte
Read moreLondon pre-open: Best foot forward for Footsie
14th Apr 2010 07:37
Better than expected figures from computer chip maker Intel after the bell yesterday in New York have allayed fears that the economic revival may be running out of steam, and has put investors in good heart in the UK. Traders expect the FTSE 100 to open around 24 points higher at 5,785. Once again
Read moreJD Sports beats full-year forecasts
14th Apr 2010 07:11
JD Sports Fashion beat the sky-high expectations of most City analysts when it published full-year figures on Wednesday. Total revenue increased by £98.9m to £769.8m in the 52 weeks ended 30 January, while like for like revenue rose by 2.5% (Sports Fascias 2.3%; Fashion Fascias 3.6%). Profit before
Read moreWednesday preview: JD Sports, Atkins, Ashmore
13th Apr 2010 17:28
JD Sports Fashion has raised expectations over Wednesday's full year results by saying back in January that profit before tax and exceptional items would be significantly above market expectations. That sent investment analysts scurrying to update their earnings forecasts, and current consensus is
Read moreLondon close: Footsie flatlines
7th Jan 2010 16:46
A late afternoon rally fizzled out to leave London's blue chip index little changed on the day. Banks emerged from a sticky start as the day's best performers led by Barclays and Lloyds Bank, which both received decent write-ups in an otherwise cautious broker note from Keefe, Bruyette & Woods. It
Read moreLondon afternoon: Banks defy broker gloom
7th Jan 2010 14:27
Leading shares are mixed, with the Footsie barely changed now miners have recovered from a weak showing in the morning session to show gains in the afternoon. Kazakhmys and Fresnillo lead the mining sector but their gains are surpassed by two stocks from the banking sector where Barclays and Lloyds
Read moreSector movers: Sainsbury's update lifts food retail
7th Jan 2010 12:58
Sainsbury's is helping lift the food retail sector higher after saying today a record Christmas performance completed a strong third quarter in which like-for-like sales, excluding fuel, rose by 3.7%. Like-for-like sales, including fuel, rose by 3.8% in the 13 weeks to 2 January, while like-for-lik
Read moreLondon midday: Bank sits on hands
7th Jan 2010 11:51
London drifted lower ahead of the announcement of the Bank of England's quantitative easing and interest rate decision, which, as expected, left both the level of interest rates and the scale of the quanititative easing programme unchanged. Mining stocks are proving to be a millstone round Footsie'
Read moreLondon open: Miners offset strong supermarkets
7th Jan 2010 08:14
Miners are leading London's top stocks lower in early dealings on Thursday, offsetting strong demand in supermarket groups. Eurasian Natural Resources, Kazakhmys, Randgold Resources, Antofagasta, Xstrata and BHP Billiton are among the worst performers. On the positive side, Sainsbury, Tesco and Mo
Read moreJD Sports profits to 'significantly' exceed expectations
7th Jan 2010 07:53
Sportswear fashion seller JD Sports expects full-year profit before tax and exceptional items to significantly exceed current market forecasts. It cautioned though that the extent to which this occurs is still dependent on the impact of the prevailing severe weather conditions. Like for like sales
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