UK high street retailer Next raced up the FTSE 100 index on Wednesday with shares up 2% in early trade after JPMorgan lifted its rating on the company to 'overweight' from 'neutral'. While JPMorgan favours Marks & Spencer stock on three-to-six month view for its ongoing turnaround potential, the US
Read more** JPMorgan upgrade to "overweight" vs "neutral" sends fashion retailer Next to the top of the FTSE 100 ** While broker still favours M&S on a 3-6 mth view for ongoing turnaround potential, reckons NXT could recover some of its recent underperformance between now & end-April Q1 update
Economic growth in China slowed down to just 7% in the first quarter, representing the lowest pace of expansion in six years, according to the Financial Times. This compared with 7.3% growth in the fourth quarter. Europe is set to file formal charges against Google for violating antitrust laws, The
Read moreBunzl: Investec reiterates hold with 2,00p target. Michael Page: JP Morgan Cazenove reiterates neutral and lifts target to 490p from 479p. Vesuvius: JP Morgan Cazenove downgrades to neutral. Next: JP Morgan Cazenove lifts recommendation to overweight with a 7,700p target, up from 7,100p. Greggs:
Read moreLONDON, April 7 (Reuters) - The following FTSE 100 companies will go ex-dividend on Thursday, after which investors will no longer qualify for the latest dividend payout. According to Reuters calculations at current market prices, the effect of the adjustment to prices by market-makers would
Read more* Click-and-collect can benefit large store format * Retailers adding larger stores to portfolios * Large store property deals jump in 2014 * Retail warehouse total returns up 7.1 pct in Q4 2014 * Consultants expect rents to rise By Esha Vaish April 1 (Reuters)
Read more