Company
LON:NXT
Next plc is a United Kingdom-based retailer offering products in clothing, footwear, accessories and home products
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Aside from the latest Bank of England interest rate decision, the week ahead includes updates from Wm Morrison Supermarkets, Next, BT Group, ITV, and William Hill ...
Investments and investor services
The FTSE 100 continued higher on Wednesday, extending the week's winning streak.
Deutsche Bank's analysts also increased their full year pre-tax profits forecast for the clothing and homewares stores group by 1% to £710mln, above the guidance mid-point of £705mln
Some of the top news-driven risers in London at 3.45pm ...
FTSE 100 closed higher, as did it mid-cap cousin, FTSE 250
The Swiss investment bank said based on the costs of Next's channel shift, both Debenhams and M&S could see profit margins affected
Citi said investors should buy online over bricks and mortar retailers and European over UK stocks
Investments and investor services
The pound is up 0.36% against the Euro at the time of writing, while it is up 0.07% against the US dollar
The UK blue-chip index finished over 44 points higher at 7,044, but big miners tempered gains
Rising online competition and weaker consumer confidence have hit bricks and mortar retailers
Next expects another decline in retail sales and profits in 2018
Will EU leaders approve the Brexit transition deal reached between Michel Barnier and David Davis?
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Next's full year earnings will be closely scrutinised by investors on Friday
Investments and investor services
FTSE 100 closed down 121 points at 7,042, joining other European benchmarks, which saw red
The AIM-listed firm, which floated in May 2017, reported a 132% leap in revenue to £27.7mln for the full-year 2017, up from £12.0mln a year earlier, with its gross profit margin jumping to 57.7% from 48.6% in 2016
With all the talk of a weakening consumer environment, some might be surprised to see that the UK was Asos’ main growth driver in the last four months of 2017
Investments and investor services
A look at some of the top risers and fallers in London today.
Investments and investor services
Turns out it was a blue Christmas for the UK retail sector, with sales data showing a worse than expected December period.
The high street stores giant said Humphrey Singer will take up his appointment on a date to be confirmed. He will replace Helen Weir who, as previously announced, is leaving M&S on March 31 to pursue a portfolio career
