12th Jul 2010 17:58
Luxury goods maker Burberry has been a fashion success story throughout the recession, as reflected by its shares, which are up 90% or so over the last year. On Tuesday it brings out a sales update for its first quarter, covering the April to June period. Nomura Securities and UBS are both predic
Read more23rd Jun 2010 11:00
1000 GMT [Dow Jones] UK retailers look to have escaped the emergency budget no worse-off than feared, says Investec Securities, "with some indications that the coalition government is mindful of the need to balance growth and spending cuts." The brokerage retains a neutral weighting on the sector. "
Read more16th Jun 2010 13:08
Shares in Filtrona have jumped after the speciality plastic and fibre products provider said it continues to trade ahead of expectations. Having cheered its shareholders back in April with news of strong trading the group said that the outperformance has continued for the nine week period to 5 Jun
Read more14th Jun 2010 09:39
0839 GMT [Dow Jones] Charles Stanley initiates coverage of homeware retailer Dunelm Group (DNLM.LN) with a buy rating. Says the recent fall of around 20% in its share price creates a compelling entry point for a competitively secure retailer. Says the retailer is poised to almost double sales in fiv
Read more14th Jun 2010 09:39
Broker comments in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 0839 GMT [Dow Jones] Charles Stanley initiates coverage of homeware retailer Dunelm Group (DNLM.LN) with a buy rating. Says t
Read more28th Apr 2010 06:36
The tragic situation in the Gulf of Mexico has taken the shine off what was an excellent performance from BP in the first quarter of the year says the Telegraph. The shares are trading on a December 2010 earnings multiple of 9.2 times, falling to 7.9 next year. They were first recommended at 487½p
Read more27th Apr 2010 16:31
Footsie was deep in the red at trading's close after credit rating downgrades for Greece and Portugal added to already substantial losses, with miners among the stocks posting heavy falls. With oil and metals prices in retreat as fears grow about potential delays in financial aid reaching Greece re
Read more27th Apr 2010 14:35
Footsie drifted lower over the lunch time session, not helped by disappointing results from household goods maker Reckitt Benckiser. Shares in Reckitt sank to the bottom of the FTSE 100 despite the French's mustard maker posting a rise in earnings and sales for the first quarter. The firm said oper
Read more27th Apr 2010 12:33
Shares in Premier Foods have taken a big hit after the company behind Hovis bread, Branston pickle and Sharwood's sauces, reported a 5.1% drop in first quarter sales and said it remains cautious about the consumer and trading environment for 2010. Also in the red is homewares retailer Dunelm, which
Read more27th Apr 2010 12:04
Footsie has given up all of yesterday's gains and more and has dipped below the 5700 level. Barely a dozen of the blue-chip index's constituents are in the blue, with miners featuring prominently among the laggards. Vedanta, Rio Tinto, Kazakhmys and Xstrata are the worst performers in the mining s
Read more27th Apr 2010 08:03
Homewares retailer Dunelm has seen a sharp slowdown in sales growth over the past four months and cautioned it faces tough comparisons over the rest of the year. Sales in the 16 weeks to 24 April rose by 10.9%, compared with a 19.9% for the whole year so far, while on a like-for-like basis sales gr
Read more26th Feb 2010 16:49
Peter Hickson, the chairman of print management and data analysis services provider Communisis, is buying shares following yesterday's results. A downturn in spending on direct mail promotions hit Communisis in 2009 and it cut its final dividend from 1.635p a share to 0.43p a share. The total divid
Read more25th Feb 2010 16:28
Blue chips closed sharply lower as fears about Greece resurfaced and US dole claimant figures were worse than expected. On a busy day for big company results RBS hogged the headlines. The part-nationalised bank saw its net attributable loss narrow markedly in 2009 with fourth quarter impairments 5%
Read more25th Feb 2010 14:23
The Footsie sank below last night's closing level over the lunch time session, weighed down by weak miners. On a busy day for big company results RBS continues to hog the headlines. Though off the top, the share price is still sharply higher after the part-nationalised bank saw its net attributable
Read more25th Feb 2010 13:24
Hays is down almost 9% after grim figures. Profits crashed to £3.4m in the six months to 31 December from £100.8m in 2008 and plunged 70% to £30.4m, excluding a £27m OFT fine that is currently under appeal. Turnover actually increased by 1% to £1.29bn and fell just 5% on a like for like basis due t
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