All City & finance articles – Page 442
-
Analysis
Kingfisher: What the analysts say
The City met the news that B&Q owner Kingfisher UK & Ireland’s retail profit slumped 9.8% to £75m in the first quarter with little surprise after poor weather hit sales
-
NewsHalfords upbeat despite 26.6% pretax profit plunge
Halfords is looking to “evolve” its strategy in the new financial year after posting group pre-tax profit down 26.6% to £92.2m for the year to March 30.
-
NewsKingfisher first quarter profits slump as wet weather hits sales
B&Q owner Kingfisher UK & Ireland retail profit slumped 9.8% to £75m in the first quarter as wet weather hindered sales in the crucial Easter trading period.
-
OpinionAsos: The online giant continues to reward investors
As the recriminations continue following Facebook’s botched IPO, there is one online business that carries on rewarding investors – Asos.
-
NewsClinton Cards deal to be struck within days
Clinton Cards looks likely to be bought out of administration by the end of next week if not earlier as would-be suitors jostle to take control.
-
OpinionWhat impact will the recession have online?
So we’re in recession again. Cue further rending of garments and raise the wailing a semitone or two. The tune’s becoming familiar now.
-
AnalysisTopps Tiles: What the analysts say
Despite a 4.7% like-for-like slip and profits drop in its first half, Topps Tiles has strong recovery potential according to the analyst community.
-
NewsTopps Tiles pre-tax profits fall in first half but current trading improve
Topps Tiles like-for-likes slipped 4.7% in its first half as pre-tax profits dropped 22% to £7.2m.
-
InterviewRetail refinancings: Q&A with Barclays head of retail Richard Lowe
As Dixons and LK Bennett refinance, we talk to Barclays head of retail Richard Lowe about the lending climate for retailers.
-
NewsLK Bennett secures funding for US expansion
LK Bennett has raised £16m of new funding to accelerate expansion in the US.
-
NewsDixons extends £300m credit facility
Electricals giant Dixons has extended a £300m revolving credit facility for two years.
-
AnalysisIn the news: Stefano Pessina, executive chairman, Alliance Boots profiled
As Alliance Boots defies the difficult economic climate, its executive chairman shrugs off criticism of its tax affairs.
-
OpinionM&S is keeping pace, but it’s time to start setting it
There was a workmanlike feel to Marks & Spencer’s results this week.
-
AnalysisMothercare: What the analysts say
Mothercare posted a full-year group loss before tax and after exceptional and other items of £102.9m today while new chief executive Simon Calver outlined a three year turnaround and growth plan. The City reacted to the news
-
OpinionTesco boss Clarke declines bonus
Tesco boss Philip Clarke set a good example to other company chiefs when he declined to take his bonus in the wake of the Christmas profit warning.
-
AnalysisOcado: what the analysts say
Ocado forecast a 13% uplift in sales for the second quarter today. The City welcomed the announcement but expressed concern over the etailer’s long-term future
-
NewsHouse of Fraser EBITDA drops as it invests in stores and fulfilment
House of Fraser adjusted EBITDA dropped 16% to £58.6m as it invested in a second distribution centre.
-
NewsBurberry full-year profits rocket
Profits at Burberry rose 26% over the last year fuelled by strong menswear sales.
-
NewsFlying Brands sales plunge as its search for a buyer continues
Flying Brands sales plummeted 35% in the three months to March 31 as it continues talks to sell the business.
-
AnalysisMarks & Spencer full-year results: What the analysts say
What the analysts are saying about Marks & Spencer’s full-year results.