Carpetright News
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Which 3 Stocks Would Warren Buffett Buy?
24-04-2012
- Global markets rebound after yesterday's losses
- Man Group jumps as UBS speculates over M&A
- Shell makes 220p-a-share offer for Cove
24-04-2012
House builder Redrow rose after announcing a placing and open offer to raise nearly 80m pounds. It also said sales activity this year has been encouraging with its sales per site are the top end of the range for the sector, while like-for-like (LFL) reservations are ahead of last year.
24-04-2012
UBS has reiterated its buy recommendation for hedge fund manager Man Group, saying that the firm is a 'likely take-out candidate' and is on the 'UBS M and A Watch List'.
24-04-2012
Prime Markets has reiterated its sell rating for bed and flooring retailer Carpetright following the firm's profit warning on Tuesday morning.
24-04-2012
- Footsie corrects after sell-off
- Man Group jumps as UBS speculates over M&A
- Shell makes 220p-a-share offer for Cove
24-04-2012
ARM, Associated British Foods, Barclays, BBA, Carpetright, FirstGroup, Glaxo, Man, Microgen, Reed Elsevier, Stagecoach, Vectura
24-04-2012
- Footsie rebounds after Monday's steep losses
- Shell makes 220p-a-share offer for Cove
- Capita drops after proposing placing
24-04-2012
The move by floor coverings retailer Carpetright into selling beds has proved less than successful so far, and along with weakness in its European operations has prompted a profits warning.
23-04-2012
It is odd that for a company called Associated British Foods people who follow the stock seem to obsess about the group's clothes retailing operation Primark, but that has been where the growth has been in recent years.
02-04-2012
Brazilian construction giant Camargo Correa has offered 2.48bn euros to aquire the 67 per cent of Cimpor-Cimentos de Portugal that it doesn't already own.
27-02-2012
- Essar, HSBC provide a drag in London.
- G20 urges Europe to take action first
- Vedanta among the few risers after consolidation plans.
14-02-2012
- Banks, miners weigh on Footsie.
- Markets digest sovereign downgrades from Moody's.
- Investors await Eurogroup meeting tomorrow.
14-02-2012
Paper and packaging group Mondi raced into the top spot after saying underlying profit for the fourth quarter of 2011 is expected to be on a par with the corresponding quarter of 2010.
31-01-2012
Early gains were trimmed by the end of trade on Tuesday after consumer confidence data in the US disappointed, sending US benchmarks into the red. The Footsie finished just 11 points higher at 5,682, well below the intraday high of 5,730 seen in the morning session. Meanwhile, Greek debt-swap talks are still ongoing with the country's finance minister claiming late on that a formal offer must be made within two weeks.
31-01-2012
Groceries delivery firm Ocado rose strongly after saying its sales growth in 2011 outdid others in the sector, while top-line growth in 2012 should accelerate once its sorts out its capacity constraints. The group reported today that gross sales, which include revenue plus value added tax and marketing vouchers, rose 16.6% in the 52 weeks to November 27th to £642.8m from £551.1m the year before.
31-01-2012
UK stocks had extending gains by lunchtime with results from ARM Holdings, British Sky Broadcasting and Vedanta Resources lifting the Footsie nearly 1% higher. Markets across Europe appear to have taken the agreements made by EU leaders yesterday well with the major benchmark indices rebounding from yesterday's steep losses.
31-01-2012
Nomura has maintained its neutral rating and 580p target price for chip designer ARM Holdings, but acknowledged that the group's fourth quarter results indicated a "strong beat".
31-01-2012
Carpet and floor coverings retailer Carpetright has warned that full-year underlying pre-tax profit is expected to be below the lower end of forecasts "based on the current pace of sales and margin improvement".
31-01-2012
Peel Hunt has maintained its hold rating and 400p target price on Carpetright but cut its forecasts following the carpet and flooring retailer's profit warning which sent the stock tumbling this morning.
31-01-2012
ARM Holdings: Nomura keeps neutral rating and 580p target; Nomura maintains hold rating and 575p target; Peel Hunt keeps hold and 580p target.
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