30th Oct 2014 08:36
Afren: Deutsche Bank cuts target price from 130p to 110p retaining its hold recommendation. Antofagasta: JP Morgan lowers target price from 760p to 755p and reiterates a neutral rating. Investec lowers target price from 717p to 704p and keeps a hold recommendation. Balfour Beatty: Jefferies cuts ta
Read more28th Oct 2014 09:18
Afren: Credit Suisse lowers target price from 132p to 115p staying with its outperform rating. African Barrick Gold: Westhouse moves target price from 230p to 240p and keeps an add rating. Anglo American: Investec reduces target price from 1603p to 1588p and keeps a buy recommendation. APR Energy:
Read more10th Oct 2014 13:39
Mothercare shares were in the red on Friday after the 79.9m new shares issued as part of its rights issue began trading. The funds raised by the 125p-a-share rights issue, which received overwhelming support from its investors at Thursday's extraordinary general meeting, will be used to enhance its
Read more3rd Oct 2014 09:25
Anite: Investec places its target price (prev.: 90p) under review maintaining a hold recommendation. Avon Rubber: WH Ireland ups target price from 765p to 800p and retains a buy recommendation. Investec ups target price from 700p to 720p upgrading from add to buy. BTG: Panmure Gordon raises target
Read more29th Sep 2014 16:10
Mothercare directors have bought shares following the launch of a rights issue a week earlier. The group, which has seen its shares fall more than 30% in the year-to-date, called on shareholders to back the heavily discounted rights issue and now its board members and senior management have stumped
Read more23rd Sep 2014 09:45
British baby goods retailer Mothercare has launched a £100m rights issue in a bid to raise capital to fund more store closures and refurbish some of its outlets. The firm's overseas business remains solid but strong competitions from the likes of Tesco and Amazon has left Mothercare's British busine
Read more28th Jul 2014 08:25
High street retailer Debenhams has appointed the Chief Financial Officer (CFO) of Mothercare to the same role on its own board, it announced on Monday. Matt Smith, who has been CFO at Mothercare since last year and has previously been Finance Director of Home Retail's Argos, will take up his new r
Read more28th Jul 2014 08:23
Shares in mother and baby goods retailer Mothercare sank after a potential suitor confirmed that it was dropping its takeover interest in the group. The stock fell 26.5p or 10.3% to 231.75p at 08:23 in London as Destination Maternity (DM) said it did not intend to make an offer for the UK retailer.
Read more20th Jul 2014 17:41
BSkyB is putting the final touches to a plan to buy its sister companies in Italy and Germany and will announce the takeovers in the next two weeks, the Sunday Times reported. The deals will boost Rupert Murdoch's effort to buy Time Warner in the US because BSkyB will pay more than €8bn for stakes i
Read more17th Jul 2014 07:42
Baby goods retailer Mothercare reported a rise in UK same-store sales and said its international division had returned to double-digit sales growth. The group, which recently rejected two bids from US-based Destination Maternity, said UK like-for-like sales rose 0.9% in the 15 weeks to July 12th an
Read more13th Jul 2014 12:24
Sir John Peace will suffer his third shareholder rebellion in three months this week when investors in Experian revolt over pay and succession plans at the credit checking company, the Sunday Times said. Peace will then have suffered rebellions at each of the three FTSE 100 companies he chairs. At B
Read more10th Jul 2014 13:15
Baby goods retailer Mothercare has confirmed that its interim boss and former Next director Mark Newton-Jones is to be made the permanent Chief Executive Officer (CEO). Jones, who will assume the role on July 17th, was previously CEO of Shop Direct Group, an internet and home shopping businesses, f
Read more7th Jul 2014 07:18
Christine Lagarde has hinted that the International Monetary Fund may be preparing to cut its global growth forecasts as she warned that a pick-up in economic activity could prove "less robust than expected" amid "depressed" levels of investment. The head of the Washington-based fund suggested that
Read more6th Jul 2014 17:18
AbbVie is expected to make an improved offer for Shire in the next few days after its Chief Executive Rick Gonzalez visited Shire's biggest investors in London, The Sunday Times said. Gonzalez is back in the US mulling his options after having three bid approaches turned down with the most recent va
Read more2nd Jul 2014 12:04
- UK construction PMI hits four-month high - ADP report, factory orders in focus Stateside - Service PMIs, ECB and jobs report due out tomorrow - Mothercare jumps on foreign interest techMARK 2,841.71 +0.32% FTSE 100 6,823.02 +0.30% FTSE 250 15,907.17 +0.42% Figures showing a surprise pick-up in U
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