MJW.L Share News (MJW)

Tuesday broker round-up UPDATE

Arrow Global: Numis starts with a target price of 270p and an add rating. Antofagasta: UBS shaves target price from 870p to 845p, 'neutral' rating maintained. Aquarius Platinum: UBS cuts target price from 44p to 43p, 'neutral' rating kept. Ashtead Group: Citi raises target price from 750p to 800p

UK BROKER RATING CHANGES: Goldman Cuts Debenhams To Sell

Prosecco and online sales boost Majestic Wine

Wine merchants Majestic Wine served up a solid set of half-year results, helped by surging sales of Prosecco and strong online sales, and said it is making progress towards its trading targets. Like-for-like (LFL) sales in UK retail stores fell 0.4% after the timing of Easter and last year's Jubile

Majestic Wine Well Placed For Christmas Shopping As Readies 200th Store

Monday broker round-up UPDATE

AGA Rangemaster: N+1 Singer raises its target price from 150p to 175p and keeps a buy recommendation. APR Energy: Jefferies cuts target price from 1300p to 1260p retaining a buy recommendation. Atkins (WS): LIberum Capital increases target price from 1300p to 1400p maintaining a buy recommendation

Majestic Wine profit rise fuelled by Prosecco demand

LONDON, Nov 18 (Reuters) - British wine warehouse chain Majestic Wine posted a 4.2 percent rise in first half profit as sales benefited from soaring demand for Prosecco as well as new store openings. The company said sales of the Italian sparkling wine jumped 39 percent in the six months to

Thursday broker round-up UPDATE

Ashmore Group: Canaccord Genuity takes target price from 380p to 400p and retains a hold recommendation. Numis shifts target price from 380p to 390p reiterating its hold recommendation. Ashtead Group: Numis upgrades to add with a target price of 670p. Berkeley Group: Panmure Gordon moves target pr

Pearson's Ethridge cashes in ADRs

The head of Pearson's North America business raised almost a million dollars by selling American depositary receipts (ADRs) in the education publishing giant. Will Ethridge, who leaves Pearson at the end of 2013, sold 50,000 ADRs on August 30th for $19.6782 (£12.62) each - a total of $983,910. Pear

Wednesday tips round-up: Chemring, Alcatel-Lucent, Majestic

Chemring Group, which supplies military munitions and counter-measures, has been affected by falling defence spending as the West gradually withdraws from Afghanistan, according to The Times' Tempus column. The group has had a difficult few months which saw the departure of its Chief Executive, Davi

London pre-open: Gains expected early on, all eyes on the Fed

The FTSE 100 is expected to start the new week moderately higher though the mood on markets is expected to be cautious as traders nervously await a policy meeting at the Federal Reserve in a few days' time. City sources predict the FTSE 100 will open up around 23 points from yesterday's close of 6,

Monday broker round-up UPDATE

Antofagasta: UBS reduces target price from 1140p to 1050p, while upgrading from neutral to buy. ARM Holdings: Analysts at Numis have cut their view on the shares to reduce from hold. Associated British Foods: Nomura cuts target price from 1800p to 1650p downgrading to reduce. Atkins: Jefferies u

Flat full year profit at Majestic Wine

Wine merchant Majestic Wine reported flat profit for the year, following tough trading at the chain, but said it is well prepared for the key summer trading period. Pre-tax profit increased by £0.5m to £23.7m for the 52 weeks ended April 1st 2013 while total sales fell 2.1% to £274.4m. Like-for-lik

Top UK retailers fail to win "fair tax mark" - report

LONDON, June 13 (Reuters) - British retailers have been accused of not paying their way on tax, with just two of 25 well-known store groups awarded a "Fair Tax Mark", in a report published on Thursday by the Fair Tax Campaign. Several UK companies, including mobile telephone group Vodafone,

Sunday share tips: Majestic Wine, Travis Perkins

Builders' merchant Travis Perkins has used the recession to acquire rival operators and increase market share to become the country's largest supplier of building materials, with 2,000 stores and 16 brands. Thus, while the shares have started the year well they still have real long-term potential an

Majestic Wine reports on tough Christmas

Majestic Wine said the Christmas trading season had been challenging with many consumers leaving their shopping until the very last moment. The wine merchant reported that total UK store sales over the seven weeks of Christmas trading were up 5.1%. Over the period, which covered November 13th to