FTSE 100 closes higher; miners lag and Brexit wranglings continue
FTSE 100 closed over 38 points higher on the day to 7,338; FTSE 250 shares added over 81
Company
Next PLC
LON:NXT
Next plc is a United Kingdom-based retailer offering products in clothing, footwear, accessories and home products
571 stories · page 21 of 29
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US jobs to dominate with December rate hike expected, plus updates from Stagecoach, Berkeley Group
The Week Ahead diary includes the December US jobs data, plus corporate updates from Stagecoach PLC, Ferguson PLC, IG Group PLC, and Berkeley Group PLC
Banks higher ahead of next week’s stress tests results on FCA Libor support news
A look at some of the biggest risers and fallers today in London
FTSE 100 close down as sterling firms and retailers disappoint
Around 3.10pm, the FTSE 100 index was down about 6 points at 7,411, below the day’s peak of 7,425.19, but above the low of 7,389.54
FTSE 100 closes higher as pound firms; Shire top riser
The latest ONS data showed that retail sales grew 0.3% in October - ahead of the 0.1% economists had expected - which has boosted the blue chip retailers
New Look is latest retailer to fall victim to tough retail market as it swings to half year loss
New Look's new boss has slated previous management for chasing sales too hard with discounts
Christmas may be coming but retailer Next doesn't seem to know what it will bring
Neil Wilson, senior market analyst at ETX Capital said “Most worrying, Next says sales volatility makes it ‘very hard to determine any underlying sales trend’. This poses significant problems for investors"
Debenhams battered by Liberum rating downgrade, cautious trading update from high street peer Next
Liberum’s analysts cut their stance for Debenhams to ‘sell’ from ‘hold’ with a reduced target price of 40p, down from 58p, after concluding that the group’s “fundamentals do not appeal"
Next shares tank as it warns sales performance relies on the weather amid volatile market
Next remains cautious about the rest of the year, saying it is "pessimistic" about the Christmas trading period
Investments and investor services
FTSE 100 ends slightly in red as traders jumpy ahead of tomorrow's BoE decision
At around 3.55pm, the UK blue chip index was up 5 points to 7,498
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Paddy Power's trading update may be overshadowed by government report on bookies
No matter how good Paddy Power's results are, chances are the main focus will be on the government's report on gaming machines, released yesterday morning
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Interest rate decisions in the UK and US could spook investors in Halloween week
Week ahead includes interest rate decisions from the Bank of England and the US Federal Reserve, as well as updates from HSBC, BT, Next, BP, and Royal Dutch Shell
Next slides as Morgan Stanley says its core business is deteriorating
“We think it concerning that sales in the core UK Next Directory business are also now beginning to fall, suggesting to us that the Next customer proposition may be losing resonance with UK consumers”
Rurelec shares more than double as power plant operator confirms takeover talks
A look at some of the biggest risers and fallers today in London
FTSE 100 closes lower ahead of FOMC minutes
The FTSE 100 index closed down 4.46 at 7,533, below the session peak of 7,550.17 but above the low of 7,519.60
FTSE 100 closes firmly in positive territory as sterling slides
The FTSE 100 rose to within a couple of points of 7,500 after US markets opened higher
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Tesco and Greggs to give a taste of high street conditions; hurricanes could have blown away US jobs
Week ahead to include first half results from supermarkets giant Tesco PLC, an update from high bakery chain Greggs PLC (LON:GRG), and the latest US jobs data
Investments and investor services
FTSE 100 closes a tad lower as focus turns to Fed
Sterling's strength weighed on FTSE 100 stocks today
Next sees raft of target hikes after upbeat results, but majority stay below current share price
The likes of Deutsche Bank, UBS, JPMorgan Cazenove, Jefferies International, and Societe Generale all raised their targets for Next shares after the group surprised with a confident first-half results statement and raised full-year guidance
FTSE 100 wilts as sterling's rally continues
The FTSE 100 fell 80 points to 7,215 on a good day for the sterling