London pre-open: Fedspeak, G7 and rise in oil futures in focus
26th May 2016 06:53
(ShareCast News) - Stocks are set to give back some of the week´s ahead of the a fresh reading on economic growth in the first quarter and against the backdrop of today´s meeting of G7 finance ministers and central bank governors in Sendai, Japan. As of 06:54BST the Footsie was being called to start
Read morePets at Home buys majority stakes in veterinary centres
29th Apr 2016 09:19
(ShareCast News) - Pets at Home has acquired majority stakes in two veterinary referral centres. The pet retailer said on Friday that it has acquired a 76% stake in Cambridge-based Dick White Referrals for a consideration of £14.1m. It will operate the practice as a shared venture model through whic
Read morePets at Home sales accelerate in fourth quarter
21st Apr 2016 08:18
(ShareCast News) - A year-end trading statement from retailer Pets at Home showed like-for-like (LFL) sales growth increased in the fourth quarter, with profits for the full year expected to meet forecasts. Thanks to 3.2% increase in LFL sales in the fourth quarter, the FTSE 250 group reported LFL s
Read moreGraeme Jenkins no longer joining Pets at Home as CFO
11th Apr 2016 14:55
(ShareCast News) - Graeme Jenkins will no longer be joining Pets at Home as chief financial officer. Earlier this month, Pets at Home announced a delay to Jenkins' joining date following media reports of an investigation into supplier payments at department store chain Target Australia, where he was
Read moreSunday 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
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