FTSE 250 movers: Clothing retailers gain momentum
5th Jul 2011 15:22
Apparels and sports and athletic inspired fashion retailers rose sharply on Tuesday, pushing the mid-cap stock index higher. The top risers on the FTSE 250 included Carpetright and Sports Direct. Dixons Retail, whose shares had lost more than 4% since its earnings report on June 23, also climbed hig
Read moreWednesday newspaper round-up: Greece, energy companies, women on bank boards
22nd Jun 2011 06:03
European leaders have been urged to scrap plans for a second Greek bail-out - as the Athens government wins a critical vote of confidence in parliament. Leading London-based think tank Open Europe has claimed that a fresh bail-out, expected to be around €120bn (£106bn), will almost triple taxpayers'
Read moreLondon close: Strong finish as stocks recover
18th May 2011 16:38
Stocks rebounded sharply from the previous day's losses and remained strong at trading's close. Property giant Land Securities towered above the rest of the FTSE 100 after it posted a sharp rise in profits and net asset value in the year to 31 March and predicted continued growth as the recovery pr
Read moreFTSE 250 movers: Mothercare rises after full-year results
18th May 2011 15:02
Mother, baby and child retailer Mothercare is among the best performers despite revealing a whopping 23.4% drop in annual profit as it announced the closure of more than a quarter of its UK stores. Nevertheless, the group said "We are on track to meet the international growth targets set out in Dece
Read moreLondon midday: Stocks keep gains
18th May 2011 12:10
Stocks are holding onto their gains after a strong start. Property giant Land Securities towering above the rest of the FTSE 100 after it posted a sharp rise in profits and net asset value in the year to 31 March and predicted continued growth as the recovery proceeds. Pre-tax profits climbed to £1
Read moreLondon open: Stocks rally after Wall Street recovery
18th May 2011 08:40
The top share index has rallied following the recovery on Wall Street ahead of the close last night. Property giant Land Securities towering above the rest of the FTSE 100 after it posted a sharp rise in profits and net asset value in the year to 31 March and predicted continued growth as the recov
Read moreMothercare to close 110 UK stores
18th May 2011 08:03
Mother, baby and child retailer Mothercare revealed a whopping 23.4% drop in annual profit as it announced the closure of more than a quarter of its UK stores. The group, which issued a profit warning at the start of the year, said the downsizing of its store portfolio was in response to the ongoin
Read moreLondon close: Shares in late dive
31st Mar 2011 17:19
A late dive sent London's top share index firmly into the red ahead of the close having been flat all day ahead of Ireland's banking stress test. Ireland's central bank said the ailing economy's banks need €24bn (£21bn) to stay afloat. Gold miner Randgold Resources was the star performer in the m
Read moreSector movers: Mothercare pressures retailers lower
31st Mar 2011 14:50
Retailers are sharply lower Thursday, with blue chips Next and Kingfisher falling into the red. On the FTSE 250, Mothercare, Dixons, Carpetright, Sports Direct and Dunelm are providing a drag. Baby clothes retailer Mothercare has seen its share price drop by almost a tenth, after margins were sque
Read moreLondon afternoon: Weak retailers offset strong miners
31st Mar 2011 14:41
Footsie is stuck in neutral, though the flat performance is largely down to strong demand for mining stocks. Gold miner Randgold Resrouces is the star performer in the mining sector after reporting a 55 increase in its attributable mineral resources and reserves for the year to December 2010. T
Read moreFTSE 250 movers: Retailers head lower
31st Mar 2011 14:36
Retailers are providing a drag on the index today, with Mothercare, Dixons, Carpetright, Sports Direct and Dunelm losing 4% or more. Baby clothes retailer Mothercare has seen its share price drop by almost a tenth, after margins were squeezed in the quarter to 26 March. Also under the weather is r
Read moreBroker tips: Mothercare, Savills, Dixons
31st Mar 2011 12:31
Peel Hunt cuts its target price at Mothercare by 22% to 350p, from 450p, saying that it would not look to buy the shares above this price, particularly given that the baby clothes and children's toys retailer is not geared into any eventual consumer recovery. Thursday's interim management statement
Read moreLondon midday: Shares fall back
31st Mar 2011 12:18
Shares have slipped into negative territory after a stuttering start on another bad day for the retailers. Tour operator TUI Travel is higher after saying underlying trading has been "satisfactory" during the last six months. Like Thomas Cook on Tuesday, it has not changed its estimate of the cost
Read moreBroker snap: Mothercare forecasts cut
31st Mar 2011 11:59
Peel Hunt cuts its target price at Mothercare by 22% to 350p, from 450p, saying that it would not look to buy the shares above this price, particularly given that the baby clothes and children's toys retailer is not geared into any eventual consumer recovery. Thursday's interim management statement
Read moreLondon pre-open: Small lead expected
31st Mar 2011 07:37
UK blue chips look like eking out a handful of gains when trading gets underway at 8am following a decent session in the US last night. In company news, Contract caterer Compass's good start to the new financial year has continued through the six-month period, leaving it comfortable with forecasts
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