Shares of Wood Group have moved off a six-year high seen earlier this year as it looks like there could be some softening of growth next year. While the yield per share on the company´s stock is just 1.8 per cent (such that income seekers should look elsewhere), analysts still expect earnings per share (EPS) to grow by 19 per cent in 2013 compared with expectations of 37 per cent EPS growth in 2012. [16 Dec '12]
On Tuesday Nick Robertson, Asos's ebullient chief executive, revealed that UK growth was accelerating again after a wave of price cuts. The company reported a 24% increase in domestic sales, a rate of growth that compares with a 4% at its lowest point last year. That allayed concerns that it might be reaching maturity in the UK. The renewed domestic growth is a double whammy, since it implies that the prospects for international expansion are even greater than previously thou [12 Dec '12]
Datafeed and UK data supplied by NETbuilder and Interactive Data.
While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk!
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.