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* Pretax profit before exceptional items rise to 3.0 mln pounds in 2012/2013 * Says confident can meet market expectations in 2013/14 despite slow start LONDON, March 22 (Reuters) - Menswear retailer Moss Bros reported an increase in profit and sales last year, helped by the rising p
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African Barrick Gold: Investec lowers its target price from 526p to 405p, while upgrading from hold to buy. ARM Holdings: Morgan Stanley raises its target price from 725p to 911p, while downgrading to equal-weight. Investec ups target price from 800p to 900p and downgrades from buy to hold. Aurum
Read moreThe FTSE Small Cap index falls 0.2 percent in morning trade, lagging a 0.1 percent rise by both the FTSE 100 and FTSE 250 indexes. Online payment provider Optimal Payments gains as much as 13 percent after the company says it expects 2012 revenue and core earnings ahead of market expectations. "We e
Read moreJan 14 (Reuters) - British menswear retailer Moss Bros Group Plc said it expected full-year results to exceed market expectations, helped by sales during the Christmas period. The company said like-for-like sales during the 24 weeks to Jan. 12 rose 2.7 percent. The suit specialist, which is engaged
Read moreFormal wear specialist Moss Bros said it now expects to exceed market expectations for the 2012/13 financial year after strong Christmas trading. Like for like sales for the 24 weeks to January 12th 2013 climbed 2.7% on the same period last year. Like for like cash gross profit for the period ros
Read moreFormal wear specialist Moss Bros Group continued to trade well in its latest reporting period and saw margins recover a bit, according to the interim management statement released on Friday morning by the company. The group reported that it had "continued to trade well" throughout the 19-week peri
Read moreFormal menswear specialist Moss Brothers said pre-tax profit rose a touch after solid trading across both hire and retail in the first six months of the year. The retailer lifted like-for-like (LFL) sales by 5.7 per cent, a slower rate than the first half, in what it described as a "positive perfo
Read moreMoss Bros, the go-to store for top hat and tails hire, returned to the black last year, ahead of management's expectations. Profit before tax from continuing operations in the 52 weeks to January 28th, 2012 was £0.9m, ahead of market expectations of a profit of £0.5m, and a turnaround from the unde
Read moreImperial Tobacco may well have something to say in its trading statement about the swingeing increase in duty on cigarettes announced in the recent Budget which is threatening to put a packet of 20 fags out of the price range of even the most determined teen-aged smoking addict. A spokesman for th
Read moreThe Footsie opened moderately higher on Thursday morning, as the market attempts to claw back from yesterday's 2.25% sell-off. In economic news, the HSBC "flash" purchasing managers' index for the Chinese manufacturing sector rose to 49.0 in December from 47.7 the month before, according to the la
Read moreMenswear firm Moss Bros said like for like sales for the first 19 weeks of the second half rose 10.5% on last year and it remains confident in the outlook for the full year. Like for like sales for the 45 weeks to 10 December increased 13.4% from the same period in 2010. Total sales for the 45 wee
Read moreRetailers will be in focus on Thursday, with retail sales data for November due out at 9:30, and at least two High Street chains set to report. High street sports retailer Sports Direct will reveal its interim results. Revenues are expected to have held up well despite the cautious consumer environ
Read moreRetailers will be in focus next week, with Carpetright, Sports Direct and Moss Bros among the companies scheduled to report. The outlook statements in particular will be closely-watched by the markets ahead of the key Christmas trading period. However, this holiday season may not be the 'most wonde
Read moreThe top share index surged in early dealings and continued heading higher towards the close amid optimism that European leaders will get to grips with the euro crisis. Talks are still ongoing about an expansion of the European Financial Stability Fund, with conflicting signals over whether an agree
Read moreStocks have built on their early morning gains as optimism that some kind of end to the Eurozone crisis is in sight continues. Talks are still ongoing about an expansion of the European Financial Stability Fund, with conflicting signals over whether an agreement is near failing to put investors of
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