London close: Stocks jump on weaker sterling, easing geopolitics
22nd Apr 2024 14:54
(Sharecast News) - London's financial markets closed in the green on Monday, with the top-flight index remaining near record highs by the close.
Read moreFrasers, Next interested in Ted Baker's European retail arm - report
9th Apr 2024 13:00
(Sharecast News) - Mike Ashley's Frasers Group and Next have reportedly expressed an interest in purchasing Ted Baker's stricken European retail arm.
Read moreLondon close: Stocks rise as BoE keeps rates on hold
21st Mar 2024 16:33
(Sharecast News) - London markets closed higher on Thursday, sustaining gains after the Bank of England adhered to expectations by maintaining interest rates at a 16-year high.
Read moreNext holds guidance as annual profits rise 5%
21st Mar 2024 07:09
(Sharecast News) - Shares in UK fashion retailer Next jumped on Thursday as it held guidance for 2024 after posting a better-than-expected 5% rise in annual profits and flagged lower prices for customers this year.
Read moreLondon close: Stocks turn lower as BoE keeps rates on hold
1st Feb 2024 16:48
(Sharecast News) - London's financial markets finished in the red on Thursday, reversing earlier gains after the Bank of England maintained interest rates at current levels.
Read moreBroker tips: Next, Marshalls, easyJet
1st Feb 2024 13:34
(Sharecast News) - Barclays downgraded Next to 'equalweight' from 'overweight' on Thursday but lifted the price target to 8,500p from 8,250p, as it said the valuation is now reasonable.
Read moreBarclays downgrades Next, says shares up with events
1st Feb 2024 09:46
(Sharecast News) - Barclays downgraded Next on Thursday to 'equalweight' from 'overweight' but lifted the price target to 8,500p from 8,250p, as it said the valuation is now reasonable.
Read moreLondonMetric buys warehouse for £21.2m for let to Next
8th Jan 2024 07:17
(Sharecast News) - LondonMetric Property said it had bought a warehouse in Doncaster for £21.2m which will be let to fashion retailer Next for 13 years.
Read moreLondon close: Stocks rise as US jobless claims slow
4th Jan 2024 13:07
(Sharecast News) - London markets showed mixed performance on Thursday as investors digested the latest UK services and mortgage data and a fall in jobless claims across the pond.
Read moreNext lifts guidance after better-than-expected Xmas sales
4th Jan 2024 07:02
(Sharecast News) - UK fashion retailer Next lifted annual guidance for the fifth time in seven months after full-price sales came in a massive £38m more than expected during November and December, but warned that attacks on shipping in the Red Sea could cause supply delays.
Read moreDeutsche Bank starts coverage of 6 retail stocks; prefers Asos, B&M and M&S
21st Nov 2023 13:04
(Sharecast News) - Deutsche Bank initiated coverage on six UK retail stocks on Tuesday, with a preference for Asos, B&M European Value Retail and Marks & Spencer.
Read moreLondon close: Retail stocks rise on mixed day for markets
8th Nov 2023 14:59
(Sharecast News) - London's stock markets experienced a mixed day of trading on Wednesday after a robust performance from the retail sector, led by gains from Marks and Spencer.
Read moreLondon close: Stocks mixed, Ryanair leads low-cost airlines higher
6th Nov 2023 16:45
(Sharecast News) - London's stock markets finished mixed on Monday, with low-cost airlines in focus as investors cheered Ryanair's latest figures.
Read moreRBC Capital upgrades Dunelm, downgrades Next
6th Nov 2023 07:24
(Sharecast News) - RBC Capital Markets upgraded Dunelm on Monday, but downgraded Next.
Read moreLondon close: Stocks rise ahead of US Fed policy decision
1st Nov 2023 16:35
(Sharecast News) - London's stock market finished in positive territory on Wednesday, with investors keeping a keen eye on the upcoming policy announcement from the US Federal Reserve.
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