24-05-2012

Investors are looking beyond dramatically reduced profits at Mothercare to focus on the impressive performance of its international operation.

12-04-2012

- Shell says no indication Gulf of Mexico oil sheen is from its platforms - Market welcomes Mothercare's axe swinging - JD Sports out of fashion

12-04-2012

Sales in the UK estate of baby and toddler products seller Mothercare remain on the crest of a slump, prompting the company to announce the closure of 111 stores in the UK.

12-04-2012

African Minerals, Aggreko, Cairn, Faroe, FirstGroup, Grainger, Hays, Immunodiagnostic, JD, M&S, Michael Page, Mondi, Mothercare, Ophir, Premier Oil, Soco, Tesco, Tullow, Volex

08-02-2012

Shares of Mothercare rallied 4% after it confirmed the appointment of Simon Calver as its new chief executive officer.

13-01-2012

On a black day for the UK High Street today, which saw Tesco issue a profit warning that sent its shares plummeting, fears grew that battened-down household spending could already be tipping the UK economy into recession. (...) Shares in Tesco plunged 15%, dragging down with it supermarket rivals Morrisons, J Sainsbury and Marks & Spencer. The dismal outlook was compounded by grim sales figures today from fellow retailers Argos, Homebase, Thorntons and Mothercare. (...) Today's bleak retail news comes alongside weak manufacturing and industrial production figures: official data showed industrial output posted a surprise 0.6% fall in November, raising the prospect the overall economy contracted in the final quarter of 2011. 'There isn't very much that's performing well in the UK economy,' said Philip Shaw of Investec. 'With services seemingly having got off to a very poor start in Q4 (2011), today's data heightens the risk that the UK economy contracted in the final quarter of the year. 'We've been suggesting that the UK will be in recession at the start of this year, but it may have started even earlier,' The Daily Mail reports.

12-01-2012

Reckitt Benckiser: J.P. Morgan Cazenove downgrades to neutral from overweight.

12-01-2012

Gains were pared in afternoon trade on Thursday following a poor start on Wall Street, meaning that the FTSE 100 finished in the red for the second day in a row. It was a busy day on the corporate news front, with Tesco and RBS grabbing the headlines, while central banks did what was expected and kept rates on hold.

12-01-2012

Remedial action by management to stop the slump at baby and toddler products seller Mothercare appears to be paying off.

12-12-2011

London's Footsie finished at its lowest levels of the day after Wall Street bourses opened sharply in the red. The Eurozone crisis appeared to be weighing heavily on investors' minds (as usual) following some downbeat comments from Moody's. The FTSE 100 finished 1.8% down at 5,428, some 101 points off the closing price of 5,529 on Friday.

12-12-2011

Wireless technology and computer chip company CSR roared higher after announcing that it will be discontinuing investment in the areas of digital television systems-on-a-chip and silicon tuners.

12-12-2011

The Footsie was trading just below the 5,500 level at midday, with banks and miners providing a drag on London's blue chip index. It seems that markets across Europe have given a lukewarm reaction to the 'fiscal compact' agreed by (some) EU leaders late last week, with indices in Paris, Frankfurt and Madrid falling over 1% each today.

12-12-2011

Mining stocks are dragging the Footsie down in early going, while banks are also weak as investors bank profits after the sector shot up on Friday.

11-12-2011

Three months ago Barack Obama was firmly in the dock over news that no net jobs were created in August. Some gloomy people even saw a double-dip recession on the way. America, it turns out, was not on the verge of recession, and it still isn't. Fears that the government might shut down on December 16th over funding disagreements are fading; Congress has passed three appropriations bills and is closing in on the remaining nine. More important, Republican leaders have indicated that they would like to extend both a 2% payroll-tax cut and the availability of up to 99 weeks of unemployment benefits, writes The Economist.

08-12-2011

The Footsie took a tumble in the afternoon as initial optimism following the European Central Bank (ECB) decision to cut rates quickly faded after a press conference with its president Mario Draghi. In the last two-or-so hours of trade, London's blue chip index dropped more than 100 points from its intraday high of 5,599 to swing into the red, closing at 5,484. Investors will now be looking ahead to what many see as a make-or-break summit for the euro tonight in Brussels.

08-12-2011

'Imperial Leather' soap maker PZ Cussons was the biggest faller after it warned that overall profit in the six months to the end of November will come in below expectations.

01-12-2011

Despite a strong rise before on the back of some better-than-expected manufacturing data from the US, London's benchmark index pulled back to finish close to its lowest levels of the day. Nevertheless, after yesterday's eye-watering rally which saw benchmark indices across the globe jump between 3-5%, the Footsie is still 7% higher than where it was last week.

01-12-2011

Royal Bank of Scotland: Evolution Securities cuts target from 40p to 35p, buy rating unchanged.

01-12-2011

While B&Q and Screwfix owner Kingfisher reported third quarter profits ahead of Investec's forecasts, the broker has reiterated its hold rating given the "undemanding valuation metrics".

01-12-2011

Investec has reiterated its underweight stance on the UK retail sector due to the cautious attitudes of cash-strapped consumers and ahead of an uncertain key trading period at Christmas