Sunday 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
Read moreThursday broker round-up UPDATE
21st Nov 2013 09:14
Aggreko: Liberum Capital initiates with a target price of 1500p and a hold recommendation. Antofagasta: UBS reduces target price from 965p to 870p and downgrades from buy to neutral. APR Energy: Liberum Capital starts with a target price of 890p and a sell recommendation. Ashtead Group: Liberum C
Read moreMothercare returns to half-year profit
21st Nov 2013 08:40
- Returns to half-year profit - UK losses reduced, strong International performance - Expects UK spending to remain subdued Mother and baby products retailer Mothercare returned to profit in the first half of its financial year, its first interim underlying profit since 2010/11, as the UK reduced
Read moreMonday broker round-up UPDATE
4th Nov 2013 08:07
Aggreko: Cantor Fitzgerald reduces target price from 2200p to 1700p downgrading to hold. Anglo American: Alphavalue upgrades from add to buy with a target price of 1801.3p. APR Energy: Cantor Fitzgerald raises target price from 670p to 1000p, but still recommends selling. Astra Zeneca: UBS reduce
Read moreSector movers: Burberry, M&S drag peers lower
7th Oct 2013 15:39
Personal goods and retail stocks were out of favour on Monday with sector giants Burberry and Marks & Spencer providing a drag. Shares in British luxury brand Burberry were under heavy selling pressure after its Chief Executive Officer Angela Ahrendts told French newspaper Les Echos that the slowdo
Read moreThursday broker round-up UPDATE
26th Sep 2013 08:22
African Barrick Gold: Deutsche Bank ups target price from 137p to 145p and maintains a hold recommendation. African Minerals: Macquarie reduces target price from 307p to 280p and reiterates an outperform rating. Deutsche Bank cuts target price from 450p to 423p, while its buy recommendation is kept
Read moreMothercare's first quarter disappoints despite international gains
18th Jul 2013 07:58
Baby products retailer Mothercare disappointed with first quarter results after its transformation and growth plans were held back by worse UK numbers than expected. A 7.9% slump in total UK sales in the 15 weeks to July 13th dragged total group sales down 3.4%, worse than the 3.0% analysts had pen
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