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LONDON, Jan 3 (Reuters) - Next, Britain's second largest clothing retailer, raised its annual profit forecast after fourth quarter sales came in significantly ahead of its expectations, helped by a policy of not discounting before Christmas. The firm, whose shares have risen 47 percent over
3 Jan 14 07:49City sources predict the FTSE 100 will open eight points below yesterday's close of 6,717.91, extending yesterday's losses after stocks in both the US and Asia declined overnight. The falls have been prompted by a raft of economic data out this week, which included less-than-impressive Chinese pur
3 Jan 14 07:26LONDON, Jan 3 (Reuters) - Next, Britain's second largest clothing retailer, raised its annual profit forecast after fourth quarter sales came in significantly ahead of its previous guidance. The firm said on Friday it expected a year to end-January 2014 pretax profit of 684-700 million poun
3 Jan 14 07:15- Next raises annual profit guidance - Fourth quarter sales beat estimates - First half expected to slow down - Special divi of 50p declared Next has raised its full-year profit forecast after achieving a rise in fourth-quarter sales ahead of the UK retailer's expectations. The company expects pr
3 Jan 14 07:05- FTSE 100 pulls back after recent strong run - Manufacturing growth eases in China, UK and US - Debenhams CFO departs after profit warning techMARK 2,772.41 -0.32% FTSE 100 6,717.91 -0.46% FTSE 250 15,919.09 -0.10% UK markets finished the first session of the new year in the red after a host of
2 Jan 14 16:37(Adds details, comments, House of Fraser comparison) By Neil Maidment and Kate Holton LONDON, Jan 2 (Reuters) - The finance chief of Debenhams Plc quit on Thursday after trading updates showed just how far the 200-year-old British retailer had fallen behind rivals John Lewis and Hous
2 Jan 14 15:16Randgold Resources made strong gains this afternoon, helped by a jump in the price of gold of more than two per cent. Rob Cohen, the Lead Portfolio Manager with Dynamic Funds, was also quoted as saying the company was a "good position to do acquisitions" and has a "really good balance sheet". Ha
2 Jan 14 15:16The general retail sector was making small gains on Thursday, recovering after a Debenhams-inspired sell-off the previous session following its profit warning. Stocks across the sector sank sharply on Tuesday after department store Debenhams said it is now guiding to a pre-tax profit of just £85m
2 Jan 14 14:55Next is due to publish its fourth-quarter update on Friday amid news that the UK retail sector experienced challenging Christmas trading conditions. The fashion retailer results come a day after John Lewis reported a record 7.2% rise in sales on the back of demand for items such as coffee machines
2 Jan 14 14:38(Adds reaction, background) By Neil Maidment and Kate Holton LONDON, Jan 2 (Reuters) - The finance chief of Debenhams Plc quit on Thursday after trading updates showed just how far the 200-year-old British retailer had fallen behind rivals John Lewis and House of Fraser over the cruc
2 Jan 14 13:28- Markets pull back after strong end to 2013 - China, UK manufacturing PMIs disappoint - Resources stocks provide a drag on the FTSE 100 - Retailers in focus after mixed corporate updates techMARK 2,780.21 -0.04% FTSE 100 6,720.85 -0.42% FTSE 250 15,925.41 -0.06% Mixed global manufacturing figures
2 Jan 14 11:40Analysts at Numis Securities reassured retail investors on Thursday that Debenhams' woes seem more company-specific rather than indicative of trends across the wider industry. The department store chain issued a profit warning on Tuesday that dampened sentiment across the sector after saying that a
2 Jan 14 09:04
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