Tuesday broker round-up

7th Jul 2020 14:00

(Sharecast News) - Unite Group: Peel Hunt upgrades to add with a target price of 1,000.0p.

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JD Sports calls for 'rental realism' as Covid-19 hits footfall

7th Jul 2020 07:02

(Sharecast News) - JD Sports Fashion said footfall was weaker in stores reopened after lockdown and called for "rental realism" from landlords as the sportswear chain reported record profit for the year to the start of February.

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Tuesday preview: German industrial production, Whitbread in focus

6th Jul 2020 15:28

(Sharecast News) - The market spotlight on Tuesday will be on industrial production data out of Germany and a report on the US jobs market.

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JD Sports restructures Go Outdoors unit

23rd Jun 2020 18:47

(Sharecast News) - JD Sports has launched a restructuring of its Go Outdoors unit in response to the "material uncertainty" around its viability in the wake of the Covid-19 pandemic.

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JD Sports files notice to appoint administrators for Go Outdoors

22nd Jun 2020 07:01

(Sharecast News) - Retailer JD Sports Fashion confirmed it had filed a notice of intention to appoint administrators for its camping unit Go Outdoors as it considered a number of "strategic options" for the chain.

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JD Sports appeals against CMA Footasylum ruling

19th Jun 2020 09:20

(Sharecast News) - JD Sports is appealing against the blocking of its £90m takeover of Footasylum, according to documents published by the Competition and Markets Authority on Thursday.

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CMA blocks JD Sports acquisition of Footasylum

6th May 2020 07:39

(Sharecast News) - The Competition and Markets Authority has blocked JD Sports Fashion's acquisition of Footasylum after finding it would leave shoppers worse off.

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JD Sports pulls final dividend due to Covid-19

24th Apr 2020 16:22

(Sharecast News) - JD Sports said on Friday that it was pulling its final dividend to preserve cash and that its chairman has taken a 75% pay cut amid the coronavirus pandemic.

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JD Sports shares no longer 'compelling', says RBC Capital

16th Apr 2020 14:20

(Sharecast News) - RBC Capital Markets downgraded JD Sports to 'sector perform' from 'outperform' on Thursday, cutting the price target to 570p from 600p, arguing that the shares were no longer "as compelling".

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Wednesday preview: US data, JD Sports in focus

14th Apr 2020 12:31

(Sharecast News) - Investors' attention on Wednesday will be on the US economy as the first hard data for the month of March are released.

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FTSE 100 risers: Oil majors, insurers power 'bear market' rally

24th Mar 2020 16:24

(Sharecast News) - Shares of oil majors BP and Royal Dutch Shell powered Tuesday's bear market rally on the Footsie, alongside big advances for insurers and some beaten down travel stocks.

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Sports Direct scraps plan to stay open

24th Mar 2020 07:56

(Sharecast News) - Sports Direct has scrapped a plan to stay open in defiance of the government's lockdown less than 12 hours after stating its stores were essential for people to stay fit.

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JD Sports pulls guidance, delays FY results in response to Covid-19 lockdown

24th Mar 2020 07:02

(Sharecast News) - JD Sports Fashion said it was pulling guidance and delaying publication of full year results after the UK government ordered non-essential shops to close down in response to the Covid-19 pandemic.

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JD Sports Footasylum merger 'substantially' lessens competition, says CMA

11th Feb 2020 07:40

(Sharecast News) - JD Sports could be made to sell Footasylum after the Competition and Markets Authority said on Tuesday that the takeover "substantially" lessens competition.

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Boards risk missing targets for non-white directors

4th Feb 2020 12:19

(Sharecast News) - Board-level complacency and fear of change risk failure to achieve government-approved targets for ethnic minority representation at the top of British business, a report says.

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