Sunday newspaper round-up: Interest rates, Tata, Premier Foods, G4S, Centrica
3rd Apr 2016 16:33
(ShareCast News) - The Bank of England will hold interest rates at their current historic low for three more years, according to the market's current predictions. Judging by the overnight deposit rates that banks are charged to hold their cash at the central bank, which indicates market predictions
Read moreIan Kellett to take the helm at Pets at Home
21st Mar 2016 07:31
(ShareCast News) - Pets and Home Group announced the appointment of Ian Kellett as its chief executive officer on Monday, taking the helm from 4 April. The appointment followed the resignation of Nick Wood, who was remaining in an advisory role until 1 July to support Kellett and ensure a smooth tra
Read moreFTSE 250 movers: JD Wetherspoon slumps on profit warning; WH Smith rallies
20th Jan 2016 14:18
(ShareCast News) - London's FTSE 250 index was down 2.3% to 15,741.87 at 1430 GMT, tracking the broader market as worries about Chinese growth and sliding oil prices kept investors on edge. JD Wetherspoon was the worst performer after the pub group said like-for-like sales improved in the first 12 w
Read morePets at Home third quarter sales a touch better than expected
20th Jan 2016 07:52
(ShareCast News) - Pet supplies retailer Pets at Home posted slightly better-than-expected sales for the third quarter, along with a rise in total revenue growth. For the three months to the end of December, like-for-like sales increased 2.2% compared with the same period the previous year and sligh
Read moreFTSE 250 movers: Serco and Petra lift mid-caps
2nd Nov 2015 14:50
(ShareCast News) - Recovering from an initial lurch lower, the FTSE 250 index scrambled higher over the course of Monday's session, helped by optimism in some mining investors. Serco was top riser among London's mid-caps, however, as the outsourcing group was boosted by RBC Capital Markets upgrading
Read morePets At Home on track to meet full-year expectations
30th Oct 2015 08:09
(ShareCast News) - Pet products and services retailer Pets at Home Group said its trading was in line with annual expectations, as it reported an increase in first half sales. In the seven months to 8 October, the FTSE 250 group said like-for-like sales grew 1.8% year-on-year, driven by solid perfor
Read morePets at Home slumps as sales growth misses expectations
29th Jul 2015 10:19
(ShareCast News) - Shares in Pets at Home fell sharply after the company's first-quarter sales growth missed expectations. Total revenue rose 6.4% to £224.2m in the 16-week period from 27 March to 16,July with like-for-like revenue growth of 1.7%, falling short of analysts' expectations for around 3
Read moreSunday share tips: Sky, Pets at Home
26th Jul 2015 16:27
(ShareCast News) - The Sky is not falling, not yet at least. Household incomes speeding ahead at their fastest clip since 2001 have allowed Sky chief Jeremy Darroch to rise up to the challenge of seeing off competition from BT even while offering further enticements to prospective new subscribers. A
Read moreFTSE 250 movers: Vedanta surges on takeover hints, Pets at Home lower on stake cut
9th Jun 2015 13:17
Mid caps were trading in the red on Tuesday, as construction, insurance and technology stocks put in weak performances. As of 15:00 BST, the FTSE 250 was trading 0.2% lower at 17,842.09. Vedanta Resources topped the risers as the company's response to media speculation that it could merge its subsi
Read moreTuesday newspaper round-up: HSBC, Supermarkets, Pets at Home
9th Jun 2015 07:01
HSBC is to cut up to 25,000 jobs around the world - including as many as 8,000 in the UK - as its chief executive, Stuart Gulliver, embarks on a fresh strategy to reduce costs and bolster returns to shareholders. Gulliver has already cut the total head count to 257,000 from 296,000 but on Tuesday si
Read morePets at Home full-year profit surges
4th Jun 2015 07:58
Pet retailer and animal care company Pets at Home posted a surge in 2015 pre-tax profit to £87m from £22.5m last year as its business grows in popularity, and boosted by the lack of exceptional costs it booked last year. Revenue rose 9.6% to £729.1m from £665.4m, with an 8.3% increase in merchandise
Read moreFTSE 250 movers: IPF surges after dodging fine, property stocks higher
21st Apr 2015 13:46
International Personal Finance (IPF) was boosted as the home-credit group escaped a fine from Poland's consumer protection authority. After an investigation into fee structures, the Polish Office of Consumer Protection and Competition agreed to waive the fine if IPF's Provident Polska implement a ne
Read morePets at Home reports strong annual growth
21st Apr 2015 08:01
Pet food and pet products retailer Pets at Home Group has seen annual like-for-like sales jump 4.2% in its first year since floating on the stock exchange. The FTSE 250 group said strong performance in advanced nutrition, health and hygiene and its VIP Club loyalty scheme drove total revenue up 9.6%
Read morePets at Home unveils £260m credit facility
15th Apr 2015 08:54
Pets at Home Group, a retailer of pet-related products and services, announced on Wednesday a five-year £260m revolving credit facility. The credit line replaces a previous £325m of drawn facilities and is expected to reduce its net financing expense by £2.7m per annum. The difference between the t
Read moreThursday broker round-up UPDATE
31st Jul 2014 09:30
Afren: Oriel places both target price and recommendation under review. Canaccord Genuity places both its target price (prev.: 150p) and its hold recommendation under review. Investec places its target price (prev.: 195p) under review and downgrades from buy to hold. Arbuthnot: Numis ups target pric
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