BP ticks higher as shareholders back CEO's reduced pay at AGM
A look at some of the biggest London-listed risers and fallers today
Company
LON:BWNG
Brown Group is principally engaged in retailing through direct home shopping. Some of its wholly-owned subsidiaries include J D Williams & Co. Limited, which is engaged in direct home shopping by catalogue; J D W Finance Limited, which is engaged in financing and ancillary services; N B Insurance Guernsey Limited, which is engaged in insurance services, and First Financial Limited, which is engaged in financial services.
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A look at some of the biggest London-listed risers and fallers today
The firm saw its pre-tax profit drop to £57.6mln for the year to March 4, down from £72.2mln a year earlier, impacted by an exceptional cost of £25.2mln relating to customer complaint redress in its financial services business
In a note to clients, the Swiss broker’s analysts said that the most recent UBS Evidence Lab consumer survey shows “a substantial slowdown in spending expectations in the next 12 months on clothing, especially amongst the older and lower in
“We are benefitting from improved trading agility as a result of the transformational changes we have made,” said chief executive Angela Spindler.
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Among the big retail names reporting are Burberry, Halfords and Pets at Home.
Largest share price rises and falls in London at 3.30pm
Shares rocket 17% as sales at the Simply Be and Jacamo owner rose 1% to £429mln
London's largest share price rises and falls at 4pm
FTSE 100 shares narrowly missed out on a record closing high on Tuesday after slipping back from record levels thanks to renewed Brexit fears which sent the pound below $1.23, as well as growing expectations of a US rate hike this year. Ear
Jacamo and Simply Be owner N Brown releases interim results on Tuesday.
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An early look at some City analyst views on Monday morning
FTSE100 recoups most of its losses but investors unnerved by Bank of England Brexit warnings, while Finland’s FinMin labels such a move a “Lehman moment”
Investments and investor services
Monetary policy committee says EU vote remains largest immediate risk to UK economy
The Mickey Mouse firm has opened a US$5.5bn park in Shanghai.
Main share price risers and fallers in London at 4.15pm
N Brown said group revenue in the 13 weeks to May 28 fell 0.2%
Numis is bullish on both Berkeley and Crest Nicholson, recommending investors 'add' them to the portfolio.
A summary of today's most followed firms and news items....
Main share price risers and fallers trading in London today
Catalogue and online fashion retailer says trading since start of 2016/17 had been subdued