Sunday share tips: IPO bubble, McBride, Lifeline Scientific
6th Apr 2014 11:36
There is a bubble in initial public offerings (IPOs) that will cause awful losses for investors, the Sunday Telegraph's Questor column said. Royal Mail, with its monopoly on mail and parcel delivery and prime London property holdings, was the exception to an IPO boom that has seen companies such as
Read moreMothercare appoints temporary boss
10th Mar 2014 13:53
Baby goods retailer Mothercare has appointed a new temporary boss to take over from Simon Calver, who quit last month. Mothercare said Mark Newton-Jones, the former Chief Executive of online and home shopping business Shop Direct, would become its interim Chief Executive from March 17th and would s
Read moreOriel Securities says Mothercare may face bid after CEO quits
24th Feb 2014 13:20
Oriel Securities said troubled baby goods retailer Mothercare could face a takeover bid after Chief Executive Simon Calver unexpectedly quit. Mothercare said on Monday that Calver, who joined the business in April 2012, was leaving with a £294,540 pay-off, but no bonus for 2014. The group, which w
Read moreMothercare boss in surprise departure - UPDATE
24th Feb 2014 07:45
The Chief Executive of Mothercare has stepped down less than two years after he joined the troubled baby goods retailer, leaving it searching for a new boss. Simon Calver, who joined the group in April 2012 and launched an overhaul of its struggling UK business, is leaving Mothercare at the end of
Read moreThursday broker round-up UPDATE
30th Jan 2014 09:06
Amedeo Resources: Daniel Stewart initiates with a target price of 2p and a buy recommendation. Anglo American: Credit Suisse ups target price from 1600p to 1650p and leaves its neutral rating unchanged. Antofagasta: Citi takes target price from 270p to 290p, but still recommends selling. JP Morgan
Read moreSunday newspaper round-up: Supermarkets' property, Lloyds, UBM
26th Jan 2014 16:51
US activist investors are plotting to force Tesco, Sainsbury's and Morrisons to split off their property holdings, the Sunday Times reported. The plan, led by activist fund Elliott, would require them to put their property holdings into separate companies and to sell minority stakes on the stock exc
Read moreSunday newspaper round-up: Lloyds, Tesco, Mothercare, Legal & General
19th Jan 2014 15:44
The government could sell its next batch of Lloyds Banking Group shares as early as mid-February, the Sunday Telegraph said. The sale would be a book-build for institutional investors followed by a large offer to retail investors. Labour leader Ed Miliband's call for the breakup of Britain's biggest
Read moreLondon close: Markets slip ahead of central bank meetings, retailers fall
8th Jan 2014 17:09
- Retailers in focus after Sainsbury, Mothercare, Majestic updates - US ADP data increases taper speculation - Central banks watched ahead of policy meetings techMARK 2,781.64 -0.28% FTSE 100 6,721.78 -0.50% FTSE 250 16,001.74 -0.42% Heavy falls in the retail sector and cautiousness among investor
Read moreLondon midday: Markets fall as Sainsbury leads retailers lower
8th Jan 2014 11:30
- Updates from Sainsbury, Mothercare, Majestic fail to impress - Eurozone retail sales, German factory orders beat forecasts - US data, central banks in focus over coming days techMARK 2,783.91 -0.20% FTSE 100 6,725.52 -0.44% FTSE 250 16,043.77 -0.16% The FTSE 100 pulled back from a two-month high
Read moreLondon open: Markets slip as Sainsbury falls, Mothercare plummets
8th Jan 2014 08:46
- FTSE 100 pulls back from two-month high - Sainsbury, Mothercare, Majestic fall after updates - Risk events on tap, traders stay cautious techMARK 2,781.79 -0.27% FTSE 100 6,735.41 -0.30% FTSE 250 16,033.22 -0.22% UK stocks pulled back on Wednesday morning ahead of a number of key 'risk events' o
Read moreMothercare issues full-year profit warning
8th Jan 2014 07:46
- Issues full-year profit warning - Difficult UK trading conditions, volatility in International markets - Cautious outlook for consumer spending Baby products retailer Mothercare said it expects full-year profit to come in below the current range of market forecasts as it battled against Christmas
Read moreLondon close: Markets slip on mixed manufacturing data, but retailers gain
2nd Jan 2014 16:37
- FTSE 100 pulls back after recent strong run - Manufacturing growth eases in China, UK and US - Debenhams CFO departs after profit warning techMARK 2,772.41 -0.32% FTSE 100 6,717.91 -0.46% FTSE 250 15,919.09 -0.10% UK markets finished the first session of the new year in the red after a host of
Read moreSector movers: Retailers bounce as sentiment recovers after Debenhams profit warning
2nd Jan 2014 14:55
The general retail sector was making small gains on Thursday, recovering after a Debenhams-inspired sell-off the previous session following its profit warning. Stocks across the sector sank sharply on Tuesday after department store Debenhams said it is now guiding to a pre-tax profit of just £85m
Read moreTuesday broker round-up UPDATE
3rd Dec 2013 09:10
Arrow Global: Numis starts with a target price of 270p and an add rating. Antofagasta: UBS shaves target price from 870p to 845p, 'neutral' rating maintained. Aquarius Platinum: UBS cuts target price from 44p to 43p, 'neutral' rating kept. Ashtead Group: Citi raises target price from 750p to 800p
Read moreFriday broker round-up UPDATE
22nd Nov 2013 08:04
African Barrick Gold: Westhouse Securities upgrades to neutral with a target price of 170p. Antofagasta: Investec cuts target price from 737p to 716p and keeps a sell recommendation. Bank of Georgia: Numis raises target price from 2101p to 2662p and maintains a buy recommendation. Canaccord Genuit
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