Investments and investor services
Interserve falls on govt scrutiny, but broker says it is not the next Carillion
A look at some of the top risers and fallers in London today.
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.
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Burberry reveals weak UK sales drag on third quarter amid tough retail market
Burberry has left its 2018 guidance unchanged and its on track to deliver £60mln of cost savings on the back of its transformation programme
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FTSE 100 closes lower for third day in a row
The fall-out from the Carillion collapse continued, the US market saw more volatility, meanwhile, Bitcoin continued to slump testing US$10,000.
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Burberry and Pearson both have lots to do to confound sceptics
Luxury trench coat maker Burberry has a new boss and investors will be looking for signs that his plans for a transformation are starting to bear fruit
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Coffee break eyed at Whitbread as retail trading updates continue to flow
Week ahead includes trading updates from Whitbread PLC, Associated British Foods PLC, Experian PLC, Royal Mail Group PLC, William Hill PLC, Burberry PLC, plus UK inflation and retail sales data
Ted Baker out of fashion as Barclays says future growth already baked in
“We find it difficult to see upside potential from current valuation levels, given limited catalysts and the longer-term risks we have discussed”
'Search me, guv’ says Caledonian Trust as it denies knowing why share price boomed on Thursday
Some of the main news-driven risers and fallers in London on Thursday...
Burberry shares plunge as it unveils new strategy and reveals slowdown in UK sales
Burberry said it is mindful of the tougher comparative revenue base in the second half”.
FTSE 100 closes at new record high as pound firms, US stocks gain
After a record close on Friday, Monday was always likely to get off to a slow start although it has picked up as the day has worn on...
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M&S and Sainsbury's take centre stage as BoE interest rate hike excitement dies down
The week ahead includes earnings from M&S, Sainsbury's, ABF, Direct Line, Wetherspoon and AstraZeneca while macro-economic announcements will be thin on the ground
Burberry reveals surprise departure of Christopher Bailey, its chief creative officer and previous CEO
The group said Bailey will remain its president and chief creative officer until 31 March 2018, when he will step down from the board, but he will provide his full support to new chief executive officer Marco Gobbetti on the transition unti
Burberry “one of the most exciting restructuring stories in the luxury goods sector”
Berenberg expects new CEO, Marco Gobetti, to address Burberry's greatest problem: the US market
Profit warning weighs on Renold; Digital Barriers, Ironveld fall
A look at some the biggest risers and fallers in London today
FTSE 100 closes at record high bolstered by weak pound on Brexit talks 'stalemate'
In a joint news conference held later in the day, Barnier admitted that some progress had been achieved on citizens' rights and Ireland's common travel area
Investments and investor services
FTSE 100 closes a tad lower as focus turns to Fed
Sterling's strength weighed on FTSE 100 stocks today
Luxury gap: Credit Suisse highlights turnaround potential in Burberry with rating upgrade
The Swiss bank also raised its target price for the FTSE 100-listed firm to 2,000p, from 1,650p, with Burberry shares strong gainers in mid=morning trading, up 1.9%, to 1,797p
After AVEVA’s £3bn merger with Schneider, which other UK companies could be subject to a bid from abroad?
The weak pound has made UK businesses more attractive to overseas buyers with Worldpay, Sky and Unilever all being targeted this year
FTSE 100 closes up but misses record high
The FTSE 100 index closed 10.79 higher at 7,542. The session peak was 7,549, and the day’s low was 7,518