(ShareCast News) - Traders were expecting a slightly lower open despite the late gains seen on Wall Street overnight. The top flight index was being called to start the day two points lower from Monday's close of 6,108.71. The main US equity averages ended the session on the up as gains in financia
Read more(ShareCast News) - Card Factory posted a jump in interim pre-tax profit on the back of strong revenue growth, as it announced a special dividend. For the six months ended 31 July, underlying pre-tax profit rose 72.3% from the same period last year to £25.7m on revenue of £161.4m, up 8%. Group earni
Read more(ShareCast News) - After a slow morning on Monday, the FTSE 250 was up 0.25% or 43.22 points to 16,993.95. Kier Group has started to bounce back after last week's fall from grace. The stock slumped despite reporting a jump in pre-tax profit for the year ended 30 June as revenue rose thanks to a soli
Read more(ShareCast News) - Broker Peel Hunt reiterated its 'buy' recommendation for Card Factory, saying the retailer was one of its top picks for the sector, especially as it was "all systems go" for the upcoming special dividend. First-half results from the FTSE 250 group indicated a 1% acceleration in th
Read more(ShareCast News) - Broker Peel Hunt reiterated its 'buy' recommendation for Card Factory, saying the retailer was one of its top picks for the sector, especially as it was "all systems go" for the upcoming special dividend. First-half results from the FTSE 250 group indicated a 1% acceleration in th
Read more(ShareCast News) - A first-half trading update from Card Factory revealed the retailer enjoyed better than expected like-for-like sales growth of 2.7% as it confirmed a return of surplus cash will be made later in the year. Total sales grew 8.0% during the six months to 31 July, up from the 7.5% in
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