Broker snap: Dunelm is 'compelling roll-out story'
11th Oct 2010 12:03
It's a case of 'snooze and you lose' at bedding and home furnishings retailer Dunelm, with broker KBC Peel Hunt advising its clientele to wake up to the investment appeal of what is 'stacking up to be the most compelling organic roll-out story in the UK general retail sector.' The broker has initia
Read moreSunday tips round-up: Dunelm, Anglo American, Mulberry...
10th Oct 2010 12:01
Many companies that move from family to public ownership find the transition difficult. But household goods retailer Dunelm has gone from strength to strength since floating four years ago, not least thanks to the Adderleys' son Will, who took over as chief executive in 1996. Dunelm aims to offer v
Read moreLondon close: Higher finish for Footsie as miners march ahead
6th Oct 2010 16:48
It was the surge in US shares yesterday rather than today's nervous performance that provided a lead for Footsie, helping London's top share index close with good gains. A nasty jobs report sent jitters through US markets. Private sector employers cut 39,000 jobs in September, against a gain of 10,
Read moreLondon afternoon: Airlines flying high
6th Oct 2010 14:30
Profit takers have skimmed off some of the cream of the gains seen this morning on mining stocks while the two big trading updates of the day have also sparked negative reactions, but Footsie remains comfortably in positive territory. Metals prices have strengthened in line with a weaker dollar, w
Read moreFTSE 250 movers: Easyjet takes off
6th Oct 2010 14:21
Shares in Easyjet took off after the no-frills airline said it expects profits this year to come in slightly above its previous forecast after lower volcano ash costs and better demand for European short-haul flights. Fast growing homewares retailer Dunelm is finding it hard to match last year's ra
Read moreLondon midday: Autonomy cuts revenue guidance
6th Oct 2010 12:01
With metals prices on the rise mining stocks were the shares to hold in a morning session that saw Footsie make an assault on the 5700 level before falling away in the hour before noon. Antofagasta, Anglo American, Kazakhmys and Xstrata are still sporting handsome gains. Metals prices have strength
Read moreDunelm dash for growth continues
6th Oct 2010 07:29
Fast growing homewares retailer Dunelm is finding it hard to match last year's rapid like for like sales growth rate but management was still encouraged by the company's first quarter performance. Total sales in the 13 weeks to 2 October rose 11.6% to £126.7m from £113.6m in the corresponding perio
Read moreLondon close: Another sluggish day for FTSE 100
16th Sep 2010 16:40
There was no shortage of company news for traders to ponder today, but Footsie has continued trading in a tight range following recent gains and finished a few points in the red. The US failed to boost sentiment; shares on Wall Street are lower after economic data failed to lift sentiment. Manufact
Read moreLondon afternoon: Footsie drifts lower
16th Sep 2010 14:13
Footsie fell a bit deeper into the red over the lunch time session as a half-hearted rally following disappointing retail sales figures fizzled out. Kingfisher is a high-flyer after interim profits from the DIY retailer were at the top end of the range of expectations as the group achieved strong g
Read moreLondon midday: Footsie seeking direction
16th Sep 2010 12:13
The leading share index is little changed after its flat start amid a mixed reception for today's stream of updates. Kingfisher is a high-flyer after interim profits from the DIY retailer were at the top end of the range of expectations as the group achieved strong growth in each of its three main
Read moreLondon open: Retailers offer mixed bag
16th Sep 2010 08:26
London is seeking direction in the early going despite a welter of company results for the investment community to digest. Today has been termed "retail Thursday" in some quarters with a number of the big names from the edge of town trading estates reporting. Interim profits from DIY retailer King
Read moreDunelm pleased with start to new trading year
16th Sep 2010 07:43
Out of town homewares retailer Dunelm has posted profits slightly ahead of expectations following sharply higher like for like sales, and announced a new CEO. Analysts had pencilled in a figure of £76.2m for pre-tax profits, but the company topped that with profits of £76.8m, up from £53.5m last ye
Read moreLondon pre-open: Retailers grab the spotlight
16th Sep 2010 07:36
London looks set for a subdued start with City traders expecting the FTSE 100 index to open around 8 points down from last night's close. Results from retailers are likely to dominate early proceedings, and generally the performance from the companies reporting has been good. Interim profits from
Read moreThursday preview: Retailers queue up
15th Sep 2010 16:45
Retailers look set to dominate proceedings on Thursday with DIY outfit Kingfisher, consumer electricals seller Kesa and department store and supermarket partnership John Lewis all set to report. Cash and carry wholesaler Booker and soft furnishings retailer Dunelm are also reporting. Kesa Electrica
Read moreLondon close: Triple digit gains
13th Jul 2010 16:31
Footsie's gains exceeded the triple-digit level at trading's close after optimism engendered by an upbeat start to the US results season. Aluminium giant Alcoa posted profits ahead of expectations last night. Here, product testing company Intertek is benefitting from Merrill Lynch lifting its pric
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