UBS has downgraded its rating for N Brown, the online and catalogue home shopping group, from 'neutral' to 'sell', raising concerns with competition from some well-known High Street names.
The bank said that N Brown has to "continually improve the fashionability of its clothing offer to appeal to a
Aviva: RBC Capital takes target price from 400p to 550p upgrading to neutral. Nomura increases target price from 489p to 625p and reiterates a buy recommendation.
Balfour Beatty: Citi raises target price from 220p to 310p maintaining a neutral rating. Goldman Sachs reduces target price from 335p to
- FTSE 100 up after hitting lowest since February 14th
- Mark Carney, UK data in focus
- Inchcape up after record results
techMARK 2,851.92 +0.24%
FTSE 100 6,692.77 +0.05%
FTSE 250 16,506.44 +0.34%
UK markets edged higher on Tuesday after hitting their lowest levels in nearly a month the previous
LONDON, March 10 (Reuters) - British baby products retailer
Mothercare named ex-Shop Direct boss Mark Newton-Jones
as its interim chief executive on Monday, giving the group more
time to search for a permanent leader to help revive its
struggling UK business. Newton-Jones, who led online re
LONDON (Alliance News) - British retailer Marks & Spencer PLC launched its long-awaited new website platform earlier this week, a move it hopes will help turn around it ailing clothes and general merchandise business and catch it up with rivals who were quicker at taking advantage of soaring onli
- Eurozone GDP beats forecasts in Q4
- Miners surge as metal prices gain
- Retailers, financials, Coca-Cola HBC lead the fallers
techMARK 2,827.29 +0.12%
FTSE 100 6,662.15 +0.04%
FTSE 250 16,102.29 +0.45%
A better-than-expected pick-up in Eurozone economic growth gave UK stocks a small boost on Fr
- Eurozone GDP figures ahead
- Italian politics in focus as PM resigns
- Miners rise strongly, banks and retailers fall
techMARK 2,822.53 -0.05%
FTSE 100 6,650.83 -0.13%
FTSE 250 16,045.41 +0.10%
UK stocks opened slightly lower on Friday morning with strong gains from mining stocks outweighed by w
LONDON (Alliance News) - The UK's main stock indices closed higher Tuesday, with both the FTSE 100 and FTSE 250 closing up for a fifth consecutive day, as Federal Reserve Chair Janet Yellen suggested the central bank will continue to taper its quantitative easing programme in coming months.
Retail stocks were putting in a mixed performance in London on Tuesday with general retailers making gains while supermarket chains headed lower.
Overall, the UK retail sector registered healthy growth in January, according to figures released this morning by British Retail Consortium (BRC) which s
LONDON, Feb 5 (Reuters) - British retailers slashed prices
at the fastest rate in at least seven years during the January
sales, industry figures showed on Wednesday, highlighting tough
trading conditions despite an improving economy. The British Retail Consortium said shop prices in early
- FTSE 100 bounces off lows but still firmly lower
- Index at six-week low, finishes January down 3.5 per cent
- Eurozone CPI ramps up pressure on ECB
- BT leads risers on upbeat guidance
techMARK 2,774.88 -0.20%
FTSE 100 6,510.44 -0.43%
FTSE 250 15,674.37 -0.17%
The UK stock market finished the w
Investors in fashion chain Next are to get another special dividend because its shares are trading at too high a level to return cash in buybacks.
Next, which announced on January 3rd that it would pay a special dividend of 50p per share to shareholders on February 3rd, said it would make a further