Thu, 09th Jul 2015 16:11
* Cuts profit guidance to 60-65 mln pounds * Q2 retail and wholesale sales hit by warm weather * Cautious outlook on warm autumn, sector promotions * Shares down as much as 12.5 pct (Writes through, adds details, quotes) By Neil Maidment LONDON, Oct 31 (Reuters) -
Read more** UK fashion retailer SuperGroup slides to 4-1/2 month lows on a profit warning. ** Becomes latest retailer to see demand for winter clothing crimped by unusually warm autumn; Next cut its profit forecasts earlier in the week. ** SuperGroup down 8.3 pct, top FTSE 250 faller by some m
Read moreAfren: Deutsche Bank lowers target price from 110p to 105p, leaving its hold recommendation unaltered. Aviva: Barclays ups target price from 397p to 420p and reiterates its equal-weight rating. Barclays: Deutsche Bank lowers target price from 300p to 295p and leaves its buy recommendation. Country
Read moreLondon's stock market jumped in early deals on Friday, trading at levels not seen since the start of the month, after Japan's central bank unexpectedly ramped up its monetary-easing plan in a bid to revive growth. Sentiment was also helped by some well-received third-quarter results from heavyweight
Read moreShares in SuperGroup slumped on Friday morning after the clothing retailer, which owns the Superdry brand, cut its profit guidance. The group said the exceptionally warm weather had resulted in a "high degree of uncertainty" around the future performance of the autumn/winter range and consequently i
Read moreLONDON, Oct 31 (Reuters) - SuperGroup, the British company behind the Superdry fashion brand, cut its full-year profit guidance on Friday, saying it had become the latest retailer to see demand for its winter wares fall victim to an unsually warm autumn. The company said it expected full-ye
Read moreDiversified metals and mining major Vedanta Resources was higher after chairman Anil Agarwal said the problems with bauxite supplies to its Lanjigarh aluminium refinery in three or four month's time. "The state government has assured us that they are working on 2-3 alternative bauxite mines for our
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