Chartist sees Christmas coming early for investors in ASOS
“The chart probably says it all,” Mir says in a TIP TV segment for Proactive Investors.
Company
ASOS PLC
LON:ASC
Asos.com is the UK's largest online fashion and beauty store, attracting over one million visitors a week. Asos.com is traded in the NEX Exchange HERE
437 stories · page 20 of 22
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Demand for growth stocks has been steadily building since it hit its nadir at the end of 2012.
ASOS high ... and UBS thinks it will continue to come up trumps
The online fashion retailer's shares are flying again, as they did before cratering in 2014, but this time it's different, UBS says
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Brokers: Heavyweights keen on Morrisons
Exane BNP Paribas and Bernstein both upped their recommendations for the supermarket chain
ASOS pays £20mln to settle trademark dispute
"We are pleased to have put this litigation behind us. Entering into this settlement at this juncture is the right commercial decision for our business."
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Brokers: ‘Painful transition’ for M&S
Barclays took opposing views on the futures of high street stalwarts compared with younger online retailers on Friday.
Investments and investor services
Liberum says accept ‘attractive’ offer for Poundland
“The cash offer of 222p is highly attractive and we would advise shareholders to accept.”
Asos sees higher sales but margins take hit
Online fashion retailer expects a full-year sales increase at the upper end of the 20%-25% range
London stocks close at 11-month highs after S&P500 hits new record
London shares closed on Monday at their highest level in exactly eleven months, feeding off Wall Street’s record levels
PREVIEW- How is ASOS travelling on its roadmap?
Numis said that the recent weakness in Sterling gives the group additional firepower to reinforce its international pricing position
Footsie gains as traders eye possible interest rate cut
The FTSE 100 Index climbed 55.17 points while M&A talk involving AstraZeneca re-emerged
Investments and investor services
FTSE 100 Index climbs as US non-farm payrolls boost sentiment
The FTSE 100 Index climbed 10.68 points to 6601.32 while the FTSE 250 rose 119.76 points to 16297.51
Week Ahead: ASOS PLC likely to welcome sterling's post-Brexit tumble
Youth-orientated fashion firms ASOS and Supergroup go head to head, while a bit further up-market Burberry may regard the Brexit fall-out as a mixed blessing
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Brokers: Henderson and Tullow Oil downgraded by brokers
Henderson Group and Tullow Oil were both downgraded by brokers on Thursday
Customers continue to flock to ASOS
ASOS continues to expect to deliver full-year sales growth of around 20%, an investment of up to half a percentage point in retail gross margin and a group EBIT margin of around.4.0%