London midday: Markets flat as Ukraine crisis dampens risk appetite
17th Apr 2014 11:55
- Ukraine turmoil continues as clashes turn deadly - Investors cautious ahead of four-day weekend - US corporate earnings in focus - Diageo, Remy Cointreau dampen sentiment in beverage sector techMARK 2,660.88 +0.35% FTSE 100 6,581.75 -0.04% FTSE 250 15,833.37 +0.56% UK stocks were broadly flat on
Read moreLondon open: Diageo leads stocks lower ahead of Easter weekend
17th Apr 2014 08:26
- Ukraine crisis in focus as leaders meet in Geneva - US data, corporate earnings closely watched - Diageo drops as weak Q3 dampens growth techMARK 2,653.18 +0.06% FTSE 100 6,565.34 -0.29% FTSE 250 15,771.90 +0.16% UK stocks fell on Thursday morning as investors adopted a cautious stance ahead of
Read moreMulberry issues another profit warning
17th Apr 2014 07:54
- Full-year profit will be below expectations - Fourth downgrade in last two years - To offer more affordable prices amid intense competition Luxury handbag and fashion group Mulberry issued a new profit warning on Thursday, its fourth in two years, as it battles against dwindling sales and increa
Read moreMulberry CEO steps down
20th Mar 2014 10:45
Mulberry's Chief Executive Officer (CEO) Bruno Guillon has stepped down from the luxury brand after three major profit warnings. The company said Guillon has decided to quit immediately after two years at the helm of the maker of Alexa and Bayswater handbags. Godfrey Davis, currently Non-Executiv
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 moreLondon close: Stocks swing into the red as investors weigh emerging markets, Fed
29th Jan 2014 17:00
- Stocks swing sharply into red in afternoon trade - Renewed EM currency volatility follows rate hikes - Wall Street lower ahead of Fed decision - Miners rise after strong updates, Sainsbury boss exits techMARK 2,768.00 -0.48% FTSE 100 6,544.28 -0.43% FTSE 250 15,688.31 -0.18% Market volatility re
Read moreLondon midday: Gains erased ahead of Fed as emerging-market concerns remain
29th Jan 2014 11:58
- Turkey hikes rates, lira strengthens but gains pared - Antofagasta, Anglo American, Randgold impress with updates - Sainsbury falls after King departure - Barclays considering branch closures, job cuts techMARK 2,784.36 +0.10% FTSE 100 6,578.86 +0.10% FTSE 250 15,808.49 +0.59% UK markets had com
Read moreLondon open: Turkish rate hike boosts markets, miners jump
29th Jan 2014 08:22
- Turkey hikes interest rates to halt lira slide - Antofagasta, Anglo American, Randgold rise after updates - Markets await FOMC decision techMARK 2,799.62 +0.65% FTSE 100 6,632.49 +0.92% FTSE 250 15,895.51 +1.14% UK markets opened strongly on Wednesday after the Turkish central bank's decision to
Read moreMulberry warns on profit after weak UK Christmas trading
29th Jan 2014 07:29
Luxury handbag and fashion group Mulberry issued a profit warning after UK Christmas trading fell short of hopes due to rival price-cutting. Mulberry, which sells over a third of its handbags for more than £1,000 apiece, anticipates flat total sales in the year to March 31st and costs of opening mo
Read moreMulberry H1 revenue up but investment hits profit
5th Dec 2013 07:27
Luxury handbag maker Mulberry reported higher UK and international half-year sales but said costs of overseas expansion had hit profit. Mulberry said like-for-like retail revenue in the six months to September 30 had risen 4% to £49.5m while total retail sales were up 6%. The group said UK retail
Read moreMonday broker round-up UPDATE
21st Oct 2013 08:59
Andor Technology: WH Ireland ups target price from 420p to 435p, while downgrading from buy to outperform. Anglo American: Deutsche Bank reduces target price from 1830p to 1780p, while leaving its buy recommendation unchanged. BAE Systems: Citi increases target price from 360p to 460p and stays wi
Read moreLondon open: RBS leads market sell-off early on after Hester exit
13th Jun 2013 08:33
Markets sunk sharply from the off on Thursday morning as the FTSE 100's losing streak was extended into its fourth day, with RBS in focus after shocking the City with the surprise resignation of Chief Executive Officer (CEO) Stephen Hester. Following the impressive rise seen at the start of the ye
Read moreLondon pre-open: Sharp falls expected after volatile session in Asia
13th Jun 2013 07:29
The FTSE 100 is expected to extend its current losing streak into its fourth day following heavy falls on Wall Street and another volatile session for Asian markets overnight. Continuing uncertainty regarding the Federal Reserve's 'exit strategy' from stimulus and a strengthening yen saw Japan's Ni
Read moreMulberry profits fall as it looks to US, Asia for future growth
13th Jun 2013 07:07
Luxury fashion group Mulberry revealed full year results in line with expectations, after stronger retail sales were weighed down by weaker wholesale, and as it eyes future growth in the US and Asia. The UK-based maker of upmarket handbags said retail revenue increased 8% for the year ended March 3
Read moreMulberry in focus after Creative Director quits
11th Jun 2013 11:53
Shares of luxury fashion group Mulberry remained under pressure on Tuesday, after the previous session's eight per cent plunge, following news of the shock departure of its Creative Director Emma Hill. Hill, who has been widely credited for transforming the Somerset-based company from a modest brie
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