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Reuters - 4天前

UK's JD Sports gains on upbeat Foot Locker outlook

BUZZ-UK's JD Sports gains on upbeat Foot Locker outlook ** Shares in JD Sports JD.L extend gains to 7.1% at 159.45p, top London's Bluechip .FTSE index ** U.S.-listed footwear retailer Foot Locker FL.N forecasts annual profit above market estimates, smaller-than-expected drop in revenue, on heavy discounts helping holiday season sales ** FL now sees FY comparable sales down 8.5% to 9%, vs previous forecast of 9% to 10% fall year-on-year ** JD shares touch over six-month high of 159.6p; stock on t
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Reuters - 4天前

FTSE 100 slips for the third day as financials weigh

UPDATE 2-FTSE 100 slips for the third day as financials weigh For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window Aviva falls on brokerage downgrade British home prices to dip again in 2024 BoE's Bailey vows to do 'what it takes' to cut inflation FTSE 100 down 0.4%, FTSE 250 adds 0.4% Updated at 16:53 GMT By Shashwat Chauhan and Khushi Singh Nov 29 (Reuters) - Britain's FTSE 100 slipped for the third straight day on Wednesday following hawki
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Reuters - 4週前

British Business - Nov. 8

PRESS DIGEST-British Business - Nov. 8 Nov 8 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times PwC, the Big Four accountancy group, will let go off consultants in the UK because not enough people are resigning, impacting at least 500 roles.
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Reuters - 4週前

Citi sees Asia-Pacific as biggest growth opportunity in 2024 for sporting goods companies

BUZZ-Citi sees Asia-Pacific as biggest growth opportunity in 2024 for sporting goods companies ** Asia-Pacific represents the largest growth opportunity in 2024 for European sporting goods companies, even if the U.S. remains the largest sportswear market globally, Citi says ** "In China, we believe international brands can start to regain share from domestic brands in 2024, supporting growth despite the weaker macro," it says, citing historical sector growth at 2x nominal GDP and normalising inv
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Reuters - 4週前

UK's FTSE 100 kicks off week on cautious note; Melrose shines

UPDATE 2-UK's FTSE 100 kicks off week on cautious note; Melrose shines For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window. Real estate shares top losers Melrose surges after unit signs deal with GE Aerospace FTSE 100 muted, FTSE 250 off 1.3% Updated at 1657 GMT By Shubham Batra and Johann M Cherian Nov 6 (Reuters) - The UK's FTSE 100 closed Monday's session flat as investors awaited key economic data to assess the strength of the local econ
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Reuters - 4週前

UK's JD Sports rises after Citigroup initiates coverage with 'buy'

BUZZ-UK's JD Sports rises after Citigroup initiates coverage with 'buy' ** Shares of sportswear retailer JD Sports JD.L up 1.79% at 133.4p ** Stock among top pct gainers on FTSE mid-cap index .FTSE ** Citigroup initiates coverage with "buy" rating and price target at 220p ** Brokerage expects JD's greater geographic diversification vs peers to resu
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Reuters - 4週前

Anglo American, Dunelm Group, Standard Chartered

EUROPE RESEARCH ROUNDUP-Anglo American, Dunelm Group, Standard Chartered Nov 6 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Anglo American, Dunelm Group, and Standard Chartered, on Monday. HIGHLIGHTS * Anglo American AAL.L : Jefferies raises target price to 2900p from 2800p * BMW BMWG.DE : Bernstein raises to outperform from market-perform * Dunelm Group Plc DNLM.L : RBC raises target price to 1,100p from 1,000p * EDP EDP.LS : E
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Reuters - 1個月前

UK retailers fall on weak September sales

BUZZ-UK retailers fall on weak September sales ** UK retailers' index .FTNMX404010 falls 1.3%, its lowest level since July 7 ** British retail sales fall more than expected in September as shoppers delayed buying autumn clothing due to unseasonably warm weather, against the backdrop of broader cost of living pressures ** Retail sales drop by 0.9% o
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Reuters - 2個月前

Glencore to shut Australia's Mount Isa copper mines in second half of 2025

UPDATE 3-Glencore to shut Australia's Mount Isa copper mines in second half of 2025 Mount Isa mines reach end of mine life Glencore executive says too early to put figure on job cuts Co to keep other metals assets operational Adds analyst comments in paragraphs 5, 9 By Nausheen Thusoo Oct 18 (Reuters) - Mining giant Glencore GLEN.L said on Wednesday it was set to close its copper operations at Mount Isa mines in Queensland, Australia by the second half of 2025. The decision followed studies and
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Reuters - 2個月前

JD Sports Fashion Completes ISRG Acquisition

BRIEF-JD Sports Fashion Completes ISRG Acquisition Oct 11 (Reuters) - JD Sports Fashion PLC JD.L : COMPLETION OF ISRG ACQUISITION JD IS NOW 100% OWNER OF ISRG Source text for Eikon: ID:nRSK7013Pa Further company coverage: JD.L
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Reuters - 2個月前

JD Sports Fashion Says Shareholders Approves Proposed Acquisition Of Iberian Sports Retail

BRIEF-JD Sports Fashion Says Shareholders Approves Proposed Acquisition Of Iberian Sports Retail Oct 9 (Reuters) - JD Sports Fashion PLC JD.L : RESULT OF MEETING PROPOSED ACQUISITION OF IBERIAN SPORTS RETAIL GROUP, S.L. ("ISRG") APPROVED BY JD SPORTS FASHION PLC ("JD") SHAREHOLDERS TRANSACTION IS EXPECTED TO CLOSE ON 10 OCTOBER 2023. Source text fo
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Reuters - 2個月前

JD Sports Fashion Says Dominic Platt Has Been Appointed As New Chief Financial Officer

BRIEF-JD Sports Fashion Says Dominic Platt Has Been Appointed As New Chief Financial Officer Oct 6 (Reuters) - JD Sports Fashion PLC JD.L : JD SPORTS FASHION - DIRECTORATE CHANGE JD SPORTS - DOMINIC PLATT HAS BEEN APPOINTED AS NEW CHIEF FINANCIAL OFFICER ('CFO') WITH EFFECT FROM 4 OCTOBER 2023. Source text for Eikon: ID:nRSF0327Pa Further company c
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Reuters - 2個月前

Nike shares jump on leaner inventory, better margins outlook

UPDATE 1-Nike shares jump on leaner inventory, better margins outlook Updates shares, adds analyst's comment in paragraph 6 By Savyata Mishra Sept 29 (Reuters) - Nike NKE.N shares climbed as much as 11% on Friday as the company further trimmed its inventory ahead of the all-important holiday shopping season and forecast improved second-quarter gross margin due to fewer discounts.
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Reuters - 2個月前

Nike shares jump on leaner inventory, better margins outlook

Nike shares jump on leaner inventory, better margins outlook By Savyata Mishra Sept 29 (Reuters) - Nike NKE.N shares surged about 10% in premarket trading on Friday as the company further trimmed its inventory ahead of the all-important holiday shopping season and forecast improved second-quarter gross margin due to fewer discounts. The world's largest sportswear maker faced bloated inventories as demand waned in the United States due to lower discretionary spending, as well as lingering supply-
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Reuters - 2個月前

European sportswear makers gain after upbeat Nike results

BUZZ-European sportswear makers gain after upbeat Nike results ** Shares in European sportswear makers Adidas ADSGn.DE , Puma PUMG.DE and JD Sports JD.L jump more than 5% after U.S. peer Nike NKE.N beat Q1 profit estimates on Thursday ** Nike shares gained 9% after-hours after higher prices helped it offset a hit from waning demand and persistent c
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Reuters - 2個月前

UK fashion retailer ASOS expects profit at low end of guidance as overhaul falters

UPDATE 3-UK fashion retailer ASOS expects profit at low end of guidance as overhaul falters Fourth quarter group sales down 15% Second half earnings seen at bottom of guided range Second half cash inflow seen lower than expected Shares down 1% Updates shares paragraph 3, adds detail, paragraph 7 onwards By James Davey LONDON, Sept 26 (Reuters) - British online fashion retailer ASOS ASOS.L reported a 15% fall in fourth quarter sales and forecast earnings around the bottom of its guided range but
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Reuters - 2個月前

Consumer discretionary to underperform S&P 500 on equal-weighted basis - Goldman

LIVE MARKETS-Consumer discretionary to underperform S&P 500 on equal-weighted basis - Goldman STOXX Europe 600 down 1.1% BoE and SNB keep rates steady, Sweden hikes Wall Street futures fall Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com CONSUMER DISCRETIONARY TO UNDERPERFORM S&P 500 ON EQUAL-WEIGHTED BASIS - GOLDMAN (1150 GMT) Goldman Sachs sees the U.S.'s equal-weight consumer
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Reuters - 2個月前

UK retailers rise as BoE halts interest rate hikes

BUZZ-UK retailers rise as BoE halts interest rate hikes ** FTSE retailers' index .FTNMX404010 rises 3% after Bank of England (BoE) halted its long run of interest rate increases as the British economy slowed ** BoE's Monetary Policy Committee voted by a narrow margin of 5-4 to keep Bank Rate at 5.25% ** FTSE 100 .FTSE members which were up before t
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Reuters - 2個月前

Market split down the middle on BoE hike

LIVE MARKETS-Market split down the middle on BoE hike STOXX Europe 600 down 0.7% SNB keeps rates steady, Sweden hikes BoE policy decision up next Wall Street futures inch lower Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com MARKET SPLIT DOWN THE MIDDLE ON BOE HIKE (0937 GMT) With just an hour on the clock before the Bank of England reveals its next policy move, the market has no
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Reuters - 2個月前

UK stocks fall as BoE joins hold and higher for longer chorus

UPDATE 3-UK stocks fall as BoE joins hold and higher for longer chorus For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window BoE holds rates steady Retailers jump Industrial metal miners slip to bottom Ocado drops on Exane BNP downgrade FTSE 100 down 0.7%, FTSE 250 off 0.4% Updated at 1550 GMT By Siddarth S and Shubham Batra Sept 21 (Reuters) - London stocks ended lower on Thursday but trimmed losses earlier in the day after the Bank of Englan
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