Sun, 05th Jul 2015 15:57
LONDON, Dec 16 (Reuters) - SuperGroup, the owner of British fashion brand Superdry, reported a 54 percent rise in first-half profit on Wednesday in what it termed strong trading at its stores and online, and said it was well-placed for Christmas. The company, which tied up with actor Idris
Read more(ShareCast News) - Strong first half trading from SuperGroup saw positive sales growth in its half-year report on Wednesday. The FTSE 250-listed owner of popular faux-Japanese fashion brand Superdry saw revenue rise 22.3% to £254.7m in the 26 weeks to October 24. Underlying profit before tax was up
Read more(ShareCast News) - Glencore got a boost after JPMorgan Cazenove upgraded it to 'overweight' from 'neutral' with an unchanged price target of 160p, as it pitched the stock against rival Anglo American. It pointed out that Glencore and Anglo American provided strategy updates last week. "In our view,
Read more(ShareCast News) - SuperGroup traded sharply lower after Liberum downgraded the stock to 'hold' from 'buy', noting that the shares are up 85% since it upgraded them last December. "With the stock now trading on 24x 2016 earnings, a 50% premium to its long-term average, we downgrade to hold and advis
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