FCCN.L Share News (FCCN)

Monday broker round-up UPDATE

African Minerals: Canaccord Genuity raises target price from 330p to 370p and keeps a buy recommendation. Avon Rubber: WH Ireland ups target price from 530p to 590p keeping a buy recommendation. WH Ireland takes target price from 530p to 590p and reiterates a buy recommendation. Barratt Developmen

Monday broker round-up

AEC Education: WH Ireland places both its target price (prev.: 11p) and its recommendation under review. Aggreko: Citi reduces target price from 2100p to 2000p leaving its buy recommendation unaltered. Allergy Therapeutics: Panmure Gordon lowers target price from 18p to 16p, while keeping its buy

French Connection Loss Narrows As It Continues Revamp

French Connection trims losses in the first half

Clothing retailer French Connection said it reduced half-year losses as it continues to push ahead with its turnaround, adding that there has been an encouraging reaction to its Winter collection. The London-based firm reported a reduced loss before tax of £6.1m for the six month period ended July

French Connection narrows first-half loss

LONDON, Sept 16 (Reuters) - British fashion retailer French Connection said on Monday it had narrowed first-half losses and seen an encouraging customer response to recently launched winter collections. The firm, which is attempting a turnaround after years of underperformance, made a loss

French Connection UK, Europe trading broadly flat

Clothing retailer French Connection said trading at its UK/Europe retail business was broadly flat on a like-for-like (LFL) basis in the last 15 weeks of trading. The London based firm saw a strong performance in the early weeks of the year which softened through March but has improved again recent

STOCKS NEWS EUROPE-UK small caps dip 0.2 pct but beat blue-chips

UK small caps fall 0.2 percent, outperforming the wider market, with the mid-caps off 0.6 percent and the blue chips 1.1 percent weaker. CVS climbs 1.1 percent after the veterinary services provider posts first-half results, with revenue at 58.3 million pounds ($86.8 million) against 54 mil

STOCKS NEWS EUROPE-UK small caps slip 0.2 percent

UK small caps fall 0.2 percent, outperforming the wider market, with the mid-caps off 0.5 percent and the blue chips 0.8 percent weaker. Travel firm Thomas Cook jumps more than 10 percent after saying it will improve profits by 350 million pounds ($520.99 million) by 2015 through cost-cutti

UPDATE 1-French Connection sees online sales boost

LONDON, March 13 (Reuters) - Fashion retailer French Connection aims to break even or post a profit by January 2015 as growing online sales help it recover from a loss last year, the company said on Wednesday. French Connection spent 1.3 million pounds closing underperforming stores last ye

French Connection makes a loss after difficult year

Clothing retailer French Connection revealed an underlying loss for the year and revenue fell, in line with expectations, as the group battles against difficult and competitive markets. The group reported an underlying loss before tax of £7.2m for the year ended January 31st 2013 compared to a prof

Thursday broker round-up UPDATE

African Barrick Gold: Westhouse Securities reduces target price from 335p to 305p, while its sell recommendation is unchanged. Anglo American: Exane cuts target price from 2000p to 1650p and downgrades from neutral to underperform. Antofagasta: Exane ups target price from 1400p to 1500p keeping an

UPDATE 1-French Connection expects big loss as discount delay backfires

* Sees FY pretax loss 7.5 mln-8 mln stg vs estimates 5.47 mln stg * UK, Europe like-for-like sales fall 2.9 pct in 24 weeks to Jan 12 * Shares drop as much as 17 percent (Adds analysts comments, details; updates share movement) By Karen Rebelo Jan 16 (Reuters) - Fashion retailer French Connection

French Connection forecasts wider-than-expected loss; shares fall

Jan 16 (Reuters) - Fashion retailer French Connection Group Plc struggled to grow sales during the Christmas period, hurt by lower demand and a decision to delay the start of its discount sale. Shares in the company fell 14 percent to 24.77 pence in early trading on the London Stock Exchange. The co

French Connection sales soften

Trendy clothing retailer French Connection warned that, following a good start to the Autumn/Winter season, sales at its UK/Europe retail business softened in the run up to Christmas. As a result, UK/Europe retail like-for-like sales in the 24 weeks to January 12th 2013 declined 2.9%. Around 1.9%

French Connection revenue flat

Clothing retailer French Connection said like-for-like revenue in the third quarter was flat compared to the same time a year earlier following the steep decline in the first half of the year. The group said trading at its UK/Europe retail business improved during the period, although the market re