Investments and investor services
FTSE 100 closes higher on trader hopes of Chinese stimulus
The UK's premier share index finished almost 26 points higher at 7,531, while FTSE 250 gained over 32 points at 19,584
Company
Burberry Group PLC
LON:BRBY
Burberry Group designs, sources, manufactures and distributes luxury mens, womens and childrenswear and non-apparel accessories globally through its own retail stores, concessions and wholesale customers. Burberry also licenses third parties to manufacture and distribute products using the Burberry trademarks. The Company's non–apparel offerings include handbags, soft accessories, such as scarves, small leather goods, shoes, belts and jewellery.
436 stories · page 11 of 22
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easyJet tipped to warn on profits amid challenging short-haul airlines market
It looks set to be a busy week of corporate announcements and UK economic data
Luxury goods giant Burberry back in fashion with Goldman Sachs
Burberry shares haven’t enjoyed the kind of rises seen in other luxury goods stocks, which now means it trades at a 20% discount to the sector
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Serco's acquisitions and contract wins will be in focus on Thursday
Serco has already flagged that it expects its strong order intake to boost revenue in 2019 after several years of declines.
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News from FirstGroup, Stagecoach to drive corporate diary in coming week
Aside from the two mid-cap transport operators, blue chip contractor Bunzl will also issue a trading update, while the macro focus will be on the G20 meeting in Japan
Burberry toasts 'excellent' early reaction to Tisci debut collection
"We made excellent progress in the first year of our plan to transform Burberry, while at the same time delivering financial performance in line with expectations”
Investments and investor services
FTSE 100 closes firmly higher as Wall Street shares head north; sterling slides
The UK benchmark index closed over 56 points higher, at 7,353, aided by the fall in the pound
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Burberry and Thomas Cook in the spotlight; ex-divs to take 26 points off the FTSE 100
Numbers from Countryside Properties, National Grid, and Wincanton will also be among Thursday's highlights.
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Burberry, Kingfisher, Thomas Cook and Aston Martin in focus in week ahead
The week ahead's highlights include updates from Burberry, Land Securities, British Land, Premier Foods, Experian, Kingfisher, Aston Martin, Dignity, Centrica, Thomas Cook, On the Beach and Countryside Properties.
BofA Merrill Lynch cuts stance on Burberry after chopping sector estimates in latest monthly luxury tourism report
BofA ML analysts pointed out that Burberry shares have re-rated 4x P/E points in 2019, which they see as “unjustified given limited visibility over timing & trajectory of potential brand turnaround”
Burberry weak as Goldman Sachs cuts to 'sell' on luxury firm’s demanding valuation, higher investment expectations
The US investment bank also reduced its price target for the FTSE 100-listed firm to 1,855p from 2,148p, with the stock currently trading at 1,903.50p, down 2.6%
Hardware & electrical equipment
Apple head of retail Angela Ahrendts steps down unexpectedly
The tech giant said Ahrendts was leaving to pursue “new personal and professional pursuits” and would be replaced by Deirdre O’Brien, the current head of its human resources department
Burberry sales drop over Christmas trading period as it carries out brand makeover
"I am pleased with our progress in the quarter as we continued to build brand heat around our new creative vision and shift consumer perception of Burberry,” said chief executive Marco Gobetti
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FTSE 100 closes in the red as global market unease continues
Britain's blue-chip index closed over 58 points lower at 6,642, while the FTSE 250 was also down
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Blue-chip heavy into hump day as Burberry and Antofagasta report
Updates will be coming thick and fast from both the FTSE 100 and FTSE 250 on Wednesday
Investments and investor services
FTSE 100 nudges lower at close as China growth worries hit stocks
The UK's blue-chip index finished down nearly seven points at 6,96, while FTSE 250 was also lower
Investments and investor services
Brexit a factor in easyJet update, while US/China trade wars could be a drag for Burberry
The Week Ahead will also bring trading updates from the likes of Vodafone, Anglo American, William Hill, Dixons Carphone, and WH Smith, plus the latest UK jobs and wages data
Fears over Chinese economy could overshadow Burberry’s turnaround progress, says Berenberg
Burberry is trying to reposition itself as an ultra-luxury brand but a slowdown in the Chinese economy means the fashion house is beginning its transition within a tricky macro environment
Investments and investor services
FTSE 100 finishes in red on China worries and as US benchmarks tumble
The UK blue-chip benchmark finished around 41 points lower at 6,692
FTSE 100 closes in the red as Federal Reserve's rate hike creates jitters
"Investors aren’t willing to forgive Fed Chair Jeremy Powell yet; a soft open on Wall Street threatens to drag the FTSE lower into the close," said Fiona Cincotta at City Index