Next shares slip as sales at retail stores fall further in third quarter
Next said total full price sales rose 2.0% in the quarter ended October 27
Company
Next PLC
LON:NXT
Next plc is a United Kingdom-based retailer offering products in clothing, footwear, accessories and home products
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Investments and investor services
FTSE 100 closes firmly ahead as it puts dismal October to rest
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Glaxo getting the tingles from its shingles jab
Trading updates from Glaxo, Standard Chartered and Next are likely to be the highlights
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UK Budget, BoE, US jobs data to sandwich flood of corporate updates from likes of BP and Shell
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RBC prefers Next and WH Smith and has an 'outperform' rating on these stocks
Investments and investor services
FTSE 100 closes firmly in red as Italy causes jitters
In the currency markets, sterling is around flat against the Euro and down 0.43% against the US dollar.
‘Fast Fashion’ draws ire of MPs on environmental waste concerns
Mary Creagh MP has written to the heads of companies with large clothing lines as part of an investigation into how the UK fashion industry can reduce its environmental footprint
£250mln wiped from value of ASOS as biggest shareholder cashes in
Shares sales from major shareholders, especially those at a discount to the market price, are often seen as a sell signal, but the City still reckons there’s some money to be made with ASOS
Hardware & electrical equipment
Could Apple innovation finish off struggling clothes retailers?
Waning footfall and the wholesale closure of stores chart the switch from bricks and mortar to clicks and same-day delivery
Next reckons customs delays pose the “biggest threat” to its business post-Brexit
The retailer is concerned that its clothes could face lengthy delays at UK and EU borders before being approved to cross the border
Investments and investor services
FTSE 100 closes near flat as traders sit on hands ahead of Fed
The UK blue-chip index closed nearly four points higher at 7,511
Next raises full year profit guidance after warm weather boosts first-half sales
Next remains cautious on its outlook for the rest of the year amid a tough retail market and uncertainty on the UK economic outlook
FTSE 100 closes day higher, boosted by rise in crude
Brent crude is up over 3% at $81.50 a barrel at the time of writing..
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Summer sun hoped to have shone on Next interims, but will full-year guidance still be maintained?
Aside from Next's latest update, the Day Ahead will also bring trading news from water and power supplier United Utilities and results from fizzy drinks maker AG Barr
FTSE 100 closes in the red as trade tariffs kick in
The UK blue-chip index lost almost 32 points at 7,458
Next to post improved first-half sales but valuation hostage to Brexit uncertainty, says Jefferies
Jefferies repeated a ‘hold’ rating on Next but cut its target price to 5,600p from 6,100p
Anglo Asian Mining shares fly higher as it takes steps to identify new targets
A look at some of the top risers and fallers in London on Thursday
FTSE 100 finishes lower as BoE keeps rates on hold; sterling gains
The UK benchmark index of leading shares finished down nearly 32 points at 7,281
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