UK retail sales rose by more than expected last month, according to official data out on Thursday.
Sales volumes lifted 3.7% in February against the same month a year ago, the Office for National Statistics (ONS) said. That was better than economists' forecasts of 2.5%.
Retail sales rose 1.7% agai
LONDON (Alliance News) - The following UK shares received analyst recommendations Wednesday morning: ---------- FTSE 100 ---------- UBS CUTS ITV TO 'NEUTRAL' ('BUY') - TARGET 210 (230) PENCE ---------- GOLDMAN CUTS STANDARD CHARTERED PRICE TARGET
LONDON (Alliance News) - Next PLC Tuesday said Finance Director David Keens acquired 8,938 shares at a price of GBP67.15 per share Monday. Following this transaction, Keens holds 210,888 shares, which represents 0.136% in the clothing company. Next shares were trading at 6,800.00 penc
Shore Capital has kept a 'buy' stance on postal services group Royal Mail after the company announced redundancies as part of its so-called 'Efficiency Programme'.
Shore Capital Analyst Robin Speakman said: "We believe that the context on of these additional redundancies should be noted, being amo
UBS has hiked its target price for Next by nearly a quarter after the High Street retailer raised its guidance for the current financial year.
Alongside its annual results last week, Next said it now expects 4-8% growth in Brand sales for the year ending January 2015, compared with the 1-4% estimat
LONDON (Alliance News) - The following UK shares received analyst recommendations Tuesday morning: ---------- FTSE 100 ---------- MACQUARIE STARTS NATIONAL GRID WITH 'UNDERPERFORM' - PRICE TARGET 750 PENCE ---------- JEFFERIES RAISES PRICE TARGET
Anglo American: Nomura reduces target price from 1550p to 1475p and retains a neutral rating.
Antofagasta: Nomura cuts target price from 800p to 720p and stays with its reduce rating. Canaccord Genuity reduces target price from 1030p to 880p, while its buy recommendation is kept.
ASOS: UBS reduces
- FTSE down 30.69 points, weighed by Yellen comments
- Mortgage lending falls six per cent
- Broker comment lifts SSE
techMARK 2,800.23 -0.66%
FTSE 100 6,542.44 -0.47%
FTSE 250 16,217.35 -0.74%
UK stocks finished in the red today as investors digested hawkish comments from Fed Chairwoman Janet Yel
Credit Suisse has kept a 'neutral' stance on Next, but admitted that the High Street retailer's annual figures were 'brilliant', as expected.
"Full-year results were exactly in line with our forecasts, which following detailed guidance and upgrades post the January [trading update] was unsurprising
Electricity provider SSE was in the top spot after receiving a ratings upgrade from Morgan Stanley.
Next was on the up after the High Street retailer reported annual profit that met the top end of its guidance, driven by growth in online sales. The company achieved an 11.8% rise in pre-tax profit
LONDON (Alliance News) - Homeware and clothing retailer Next PLC Thursday reported higher profits and revenues for its recent financial year, driven by its online business. Next signalled its confidence by raising its dividend by 23%, but said it expects the UK consumer environment to remai
LONDON (Alliance News) - UK equities are attempting to rebalance today in the wake of the tax and regulatory changes unveiled in Wednesday's government budget.
Life insurance companies have continued to take a battering during morning trading, following the announcement by Chancello