Next Share News (NXT)

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

UPDATE 2-Next downbeat on 2017 prospects as third-quarter sales dip

* CEO says UK consumer environment likely difficult in 2017 * Next's Q3 total full price sales down 3.5 pct * Cost savings allow maintenance of full-year profit forecast * Shares rise up to 5 pct, down a third so far this year (Recasts with CEO, analyst comment, shares)

Next boss says UK trading environment to remain difficult in 2017

LONDON, Nov 2 (Reuters) - Britain's consumer environment is likely to remain difficult in 2017 as inflation kicks in and real earnings are squeezed, the boss of clothing retailer Next said on Wednesday. "The macro economic backdrop doesn't look exciting," Chief Executive Simon Wolfson told

Next sales dip in third quarter, maintains profit forecast

LONDON, Nov 2 (Reuters) - British clothing retailer Next on Wednesday narrowed its full-year sales guidance as it reported a dip in third-quarter trading, though it maintained its profit forecast thanks to cost savings. Next, which trades from about 540 shops in Britain and Ireland, from f

Next cuts sales forecasts and costs to leave profits on track

(ShareCast News) - Next trimmed its full year sales guidance after third quarter retail sales fell almost 6%, but thanks to cutting its cloth more severely it said profits would come in as expected. Total full price sales in the three months to 31 October were down 3.5%, with flat online and catalog

Britain's FTSE slips, though posts fifth straight month of gains

* FTSE 100 down 0.6 pct * Longest monthly run of advances since 2013 * WPP jumps after update * Shire and Next fall ahead of earnings (ADVISORY- Follow European and UK stock markets in real time on the Reuters Live Markets blog on Eikon, see cpurl://apps.cp./cms/?pageId=livema

London close: Crude prices, policy meetings and Carney weigh on FTSE

(ShareCast News) - London equities closed down on Monday amid sharply lower crude prices and as the market looks to policy calls from Bank of England and the US Federal Reserve later in the week. BoE issues its policy decision on Thursday, with rates seen unchanged, and its quarterly inflation repor