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Search results for 'wickes'

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Marshalls signals end of DIY boom putting pressure on Wickes, Kingfisher and others

- Third quarter sales down 16% - Marshalls stock falls 28%- News will worry shareholders in other DIY chainsPatio and paving firm Marshalls (MSLH) reported a sharp decline in sales to the home renovation and DIY market in the three...

07 October 2022
Sterling hits all-time low but FTSE manages to stay firm

Sterling fell to a historic low against the US dollar on Monday, though the slumping pound was good news for the FTSE 100 which benefits from overseas earnings.Against the dollar, the pound was trading at $1.0655 on Monday evening,...

26 September 2022
Stocks in holding pattern ahead of key central bank decisions

Stocks in London closed broadly higher on Thursday, as investors take a 'wait and see' approach as a slew of central bank decisions loom next week.The US Federal Reserve will unveil its latest interest rate decision on Wednesday...

15 September 2022
Mid-cap index weighed down by wave of profit warnings

The mid-cap FTSE 250 index was underperforming its blue-chip counterpart at midday on Thursday, due to a heavy drag from food packaging business Hilton Food Group, with shares plunging nearly 30% on a profit warning.Investor focus...

15 September 2022
Retail survivors: Companies which can ride out the storm

The retail sector has had a dire 2022, heavily sold off on fears earnings will disappoint as households curb spending due to rising UK inflation and the energy price crisis.Earnings expectations have been cut and investors have...

15 September 2022
IMF's lowered global growth outlook puts brake on equity markets

The FTSE 100 closed flat on Tuesday, with gains from oil majors being offset by a tough session for retailers after Walmart on Monday rocked equities with a profit warning.Adding to the already drab mood, the International Monetary...

26 July 2022
Walmart warning sinks US retail stocks ahead of Fed decision

The broad market was effectively on hold on Tuesday ahead of an interest rate decision by the US Federal Reserve on Wednesday, but individual stocks and sectors were reacting to trading updates as the second-quarter earnings season...

26 July 2022
GSK and Haleon: why the spin-off can be the more interesting part of a demerger

One of the UK market's biggest corporate splits in years is about to happen, with GSK (GSK) demerging its consumer healthcare business called Haleon. The latter should become a FTSE 100 company and give investors exposure to some...

07 July 2022
Wickes reports softer sales and warns of 'uncertain' economic environment

- Like-for-like sales softened 0.6% in first 20 weeks of financial year- Retailer added over 40,000 customers to TradePro scheme- DIY specialist faces economic uncertainty and inflationary headwindHome improvement retailer Wickes...

26 May 2022
Biden talk of lifting China tariffs gives boost to stock markets

Stocks in London were a sea of green at the close on Monday as mood lifted following the news that US President Joe Biden was considering lifting some Trump-administration trade tariffs imposed on China.Tariffs on hundreds of...

23 May 2022
Shares up as US looks to lift some China tariffs

Share prices were rising on Monday, after the US said it may de-escalate its trade war with China and the head of the European Central Bank said it will normalize monetary policy this year.The FTSE 100 index was up 75.85 points, or...

23 May 2022
FTSE 100 stays positive despite slump in consumer confidence

Stocks in London crept into the green at midday on Friday, shaking off some downbeat data indicating consumers are beginning to feel the UK's cost of living crisis bite.The FTSE 100 index was up 24.77 points, or 0.3%, at 7,492.15...

25 March 2022
DIY retailer Wickes in demand on profits surge and improved outlook

Home improvement retailer Wickes' (WIX) 2021 results were strong on all fronts and while consumers face a cost of living crisis, the DIY retailer is confident it can continue to outperform the market and is accelerating investment...

25 March 2022
UK shares subdued as confidence survey points to 'wall of worry'

Stocks in London failed to take inspiration from a rally on Wall Street overnight, drifting lower early Friday with investors mulling data which showed UK consumer confidence has taken a hit as the cost of living crisis bites.GfK's...

25 March 2022
Shares stall as Biden calls for Russia's removal from G-20

As investors cautiously eyed Thursday's NATO summit and increasing sanctions against Russia from the likes of the US and its allies, European markets faltered.However, the FTSE 100 managed to eke out modest gains, helped as...

24 March 2022
Travis Perkins down 2.5% as concerns over cost inflation weigh

Building materials distributor Travis Perkins (TPK) fell 2.5% to £14.26 despite returning to profit in 2021 amid booming housing and home renovation markets.Investors focused instead on the inflationary pressures and supply chain...

01 March 2022

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Showing 33 to 48 of 121

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