Next Share News (NXT)

Deutsche Bank downgrades Next, Halfords, Debenhams

(ShareCast News) - Deutsche Bank cut its stance on a number of UK retailers as it said demand is likely to soften in 2017. "Retail stocks are typically early-cycle but there are risks a prolonged downturn means many could be value traps, particularly as the sector is typically showing average rather

BUZZ-Next: bottom of Stoxx on DB downgrade

** Clothing retailer's shares down 3.6 pct, bottom of the Stoxx 600 (.STOXX) (+0.7 pct) as well as UK's FTSE 100 ** Deutsche Bank cuts to "hold" from "buy"; cuts target price by 11 pct to 5,300p ** DB sees more challenging year for European general retailers in 2017, especially in th

UPDATE 2-Zara owner Inditex keeps up with weather forecasts to boost sales growth

* Net profit up 9 pct at 2.2 bln euros in Feb-Oct period * Sales up 14.5 pct in local currencies over period * Slower-moving rivals expected to be hit by warmer autumn * Shares down 1.9 pct by 1010 GMT on gross margin miss (Adds details from conference call, analyst's comment,

Inditex 9-month profit up 9 percent, in line with forecasts

MADRID, Dec 14 (Reuters) - Inditex, the world's biggest clothing retailer and owner of Zara, on Wednesday reported a 9 percent rise in 9-month profit from a year ago, as sales continued to accelerate despite a warmer-than-usual autumn in many European countries. Inditex's net profit was 2.2

UK Dividends Calendar - Next 7 Days

Britain's FTSE index slips as Trump rally falters

* FTSE 100 closes down 0.6 percent * Banks and energy shares lead declines * Utilities gain as investors back safe stocks (ADVISORY- Follow European and UK stock markets in real time on the Reuters Live Markets blog on Eikon, see cpurl://apps.cp./cms/?pageId=livemarkets) By Pe

WINNERS & LOSERS SUMMARY: Essentra Shares Sink After Profit Warning

UPDATE 4-Britain's M&S to close stores, cut back on clothing

* Retailer to close about 30 UK stores, switch 45 to food only * Will shut 53 stores in 10 international markets * First half profit falls 19 pct * New CEO seeks to reduce reliance on clothing business * Shares down 6 percent (Adds short interest data) By James Dav

LONDON BRIEFING: AB Foods Leads Gainers In Nervous Market

Thursday newspaper share tips: Next, One Savings Bank

(ShareCast News) - Shares in Next have been battered as markets price-in its exposure to the fall in the pound, which will make sourcing from outside the UK dearer, but the share price drop had been overdone, The Times's Tempus said. Then there is the potential impact of higher inflation on consumer

Thursday broker round-up

(ShareCast News) - IAG: Deutsche Bank keeps at buy with a target price of 540p. Just Eat: Goldman Sachs stays at buy, 760p target. Next: Credit Suisse downgrades to underperform with a 4600p target. G4S: Deutsche Bank upgrades to hold with a 220 with a 3035p target. Cineworld: HBSC starts coverag

Broker tips: Shire, Next, Cineworld

(ShareCast News) - Credit Suisse downgraded retailer Next to 'underperform' from 'neutral' and slashed the price target to 4,600p from 4,950p. The bank said it was becoming increasingly cautious about Next's ability to stabilise margins in an environment of rising opex and input costs, and with bran

Credit Suisse cuts Next to 'underperform', slashes price target

(ShareCast News) - Credit Suisse downgraded retailer Next to 'underperform' from 'neutral' and slashed the price target to 4,600p from 4,950p. The bank said it was becoming increasingly cautious about Next's ability to stabilise margins in an environment of rising opex and input costs, and with bran

Debt squeeze shows pressure on UK retailers

* House of Fraser bonds join New Look and Matalan in risk zone * Brexit increases pressure on fashion industry * House of Fraser, New Look refinanced last year * Matalan debt matures in 2019 * Credit ratings of M&S, Next look safe for now - Moody's By Emma Thomasson

Sector movers: Industrials, Mining jump

(ShareCast News) - Smurfit Kappa drove General Industrials to the top of the leaderboard after reporting that revenues jumped 6% over the three months ending on 30 September, at constant currencies, as volumes increased 3%. Business in the Americas was especially strong, with sales in the region ris