Debenhams Share News (DEB)

Debenhams interim profit up, CEO resignation confirmed

(ShareCast News) - Department store chain Debenhams posted a rise in first half profit as it confirmed the resignation of chief executive Michael Sharp. In its half year results for the 26 weeks to 27 February, the company reported pre-tax profit of £93.8m, up 5.5% from 2015, with basic earnings per

Debenhams closes in on new boss as first-half profits rise

LONDON, April 11 (Reuters) - Debenhams, Britain's second-largest department store group, said it was close to naming a new boss as it beat forecasts with an 5.5 percent rise in first-half profit, putting it on track to meet full-year expectations. Last October Michael Sharp announced he pla

Debenhams Profit Up In First Half, Search For New CEO Underway

PRESS: Debenhams Woos Mothercare Boss - Sunday Times

Earnings, Trading Statements Calendar - Week Ahead

How will the National Living Wage impact UK stocks?

By Kit Rees LONDON, April 1 (Reuters) - Britain's National Living Wage, a higher minimum wage, came into effect on Friday and could hit the earnings of retailers, restaurants, pubs and outsourcing firms in particular. The National Living Wage starts at 7.20 pounds per hour for workers

BROKER RATINGS SUMMARY: Jefferies Adjusts Ratings On Retailers

BUZZ-UK retailers: Jefferies sees faltering consumer confidence

** Jefferies cuts Poundland to underperform and M&S , Debenhams and Dunelm to hold ** Broker reckons on growing unemployment fear risk in the UK and expects consumer confidence to fall ** Marks & Spencer top UK blue-chip faller, down >1%; broker cuts PT to 410p vs 660p ** Dunelm

LONDON MARKET OPEN: Premier Foods Rises As McCormick Whips Up New Bid

Jefferies upgrades Next, downgrades M&S as it reviews retailers

(ShareCast News) - Jefferies reviewed its ratings on London-listed retail stocks as it took a look at UK general retailers. "Retailers are facing many headwinds in 2016/17 and the sector has already lost its PER premium, however, while Brexit and FX are known issues there's a growing unemployment fe

LONDON BRIEFING: Premier Foods Receives Higher US Takeover Offer

UPDATE 3-Next warning of toughest year since 2008 chills sector

* Says outlook for consumer spending has deteriorated * Says Brexit uncertainty not influencing spending * Says 2016-17 profit could fall 4.5 pct in worst case scenario * Next shares slump up to 13.4 pct * Shares in M&S, Debenhams, Primark all lower (Adds detail, analyst

Monday broker round-up

(ShareCast News) - Gulf Keystone: Canaccord downgrades to sell with a target price of 14p. B&M European: UBS reiterates buy, 350p target. Ascential: Goldman Sachs reiterates buy with a target price of 278p and Exane BNP Paribas stays at neutral with a target price of 250p. Premaitha Health: Panmur

BROKER RATINGS SUMMARY: Goldman Sachs Starts Ascential With Buy Rating

Broker tips: EnQuest, Debenhams, Smiths Group

(ShareCast News) - Oil producer EnQuest's shares rose on Friday as Canaccord Genuity said the company is "one of the most attractive plays in the sector". EnQuest on Thursday reported a drop in full year earnings before interest, tax, depreciation and amortisation (EBITDA) to $465m from $581m in 201