Sports Direct employee trust buys half a million shares
10th Sep 2018 08:23
(Sharecast News) - Sports Direct announced on Monday that, on 6 September, 547,115 ordinary shares were acquired by 70 participants, following the exercise of awards under the company's share schemes.
Read moreSports Direct wrangles with House of Fraser suppliers
17th Aug 2018 10:41
(Sharecast News) - Sports Direct has cancelled all of House of Fraser's online orders after a dispute with its new department store arm's warehouse operator, while some fashion suppliers have removed stock as payment wrangles continue.
Read moreSports Direct boss shares House of Fraser plans, Debenhams rallies
14th Aug 2018 11:10
(Sharecast News) - Shares in Debenhams jumped on Tuesday on speculation of a takeover by Sports Direct after Mike Ashley pledged to keep most of House of Fraser stores open.
Read moreCall for Sports Direct to pay House of Fraser suppliers in full
13th Aug 2018 08:33
(Sharecast News) - After Sports Direct acquired retailer House of Fraser on Friday for £90m, just hours after the department store called in the administrators, has been urged to pay its suppliers in full.
Read moreDebenhams rallies as Sports Direct buys House of Fraser
10th Aug 2018 09:05
(Sharecast News) - Debenhams was on the rise on Friday as Sports Direct - which has a 30% stake in the department store chain - announced the acquisition of House of Fraser.
Read moreSports Direct buys House of Fraser from administrators for £90m
10th Aug 2018 08:31
(Sharecast News) - Mike Ashley's Sports Direct International on Friday acquired House of Fraser for £90m after the high street department store chain appointed administrators.
Read moreHouse of Fraser risks collapse as rescue falls through
1st Aug 2018 16:07
(Sharecast News) - House of Fraser faces an uncertain future with a high risk of collapse after its potential new Chinese owner C.banner pulled out of the rescue.
Read moreSports Direct bags stake in French Connection
2nd Feb 2017 11:51
(ShareCast News) - Mike Ashley's Sports Direct International has snapped up an 11% stake in French Connection Group. The sporting good retailer took out a contract for difference over 10.7m shares, or 11.156%, of the fashion retailer's shares, it reported on Thursday just before noon. Ashley has a
Read moreSports Direct chairman clings on to job with Ashley's backing
5th Jan 2017 15:27
(ShareCast News) - Sports Direct's chairman Keith Hellawell - who has been blamed for a catalogue of failures at the company - held on to his job on Thursday with the backing of founder and chief executive Mike Ashley. Just under 54% of independent shareholders voted against his re-appointment, virt
Read moreSports Direct to sell Dunlop business for $137m
28th Dec 2016 07:03
(ShareCast News) - Discount chain Sports Direct on Wednesday said it was selling its Dunlop business to Sumitomo Rubber Industries for $137.5m in cash as part of its strategy to move upmarket. The Dunlop Business currently operates in the UK, Europe, Asia (except Japan, Korea and Taiwan), USA and Ca
Read moreThursday broker round-up
15th Dec 2016 15:25
(ShareCast News) - Wood Group: UBS reiterates neutral with a target price of 875p. Burberry: Exane BNP Paribas keeps at neutral, 1490p target. Inmarsat: Deutsche Bank reiterates buy with a 1030p target. Sports Direct: Canaccord reiterates sell with a 160p target. Vodafone: Deutsche Bank reiterate
Read moreBroker tips: Sky, Sports Direct, Aggreko
15th Dec 2016 15:16
(ShareCast News) - UBS reiterated a 'buy' rating on Sky and raised the target price to 1,370p from 1,310p on Thursday after Rupert Murdoch proposed a deal to a full takeover of the broadcaster. Murdoch's Twenty-First Century Fox on Friday announced a preliminary deal to buy the rest of the shares in
Read moreSports Direct profits crash 57%, plans purchase of corporate jet
8th Dec 2016 07:47
(ShareCast News) - If a halving of first-half profits was not enough to perturb investors, Sports Direct has announced the acquisition of a corporate jet for $51.1m and a new deal with one of founder Mike Ashley's children. For the 26 weeks to 23 October, underlying profit before tax fell 57% to £71
Read moreThursday preview: ECB policy decision, Sports Direct interims
7th Dec 2016 13:15
(ShareCast News) - The European Central Bank is widely expected to announce an extension of its asset purchases programme on Thursday when it reveals its latest policy decision. Analysts see the ECB extending its quantitative easing programme by six months amid political uncertainty and continued in
Read moreWatchdog to probe Sports Direct accounts over family ties
28th Nov 2016 12:44
(ShareCast News) - The Financial Reporting Council has launched an investigation into the accounts of Sports Direct International. The financial reporting watchdog said it decided to open the investigation into the 52-week period ended 24 April following reports of an arrangement between Sports Dire
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