Burberry Group Shares News & Articles

Market report: Miners take the lead while LSE splashes out and retailers revel in pricing news

UK stocks are on the front foot this morning with the FTSE 100 index up 1.3% to 6,833 points led by mining stocks ahead of the resumption of US-China trade talks. Evraz (EVR) adds 1.6% to 487p, Glencore (GLEN) adds 1.9% to 303p, Anglo American (AAL) adds 2.3% to £18.93 and Rio Tinto (RIO) is out front up 3% to £41.98. Company news is thin on the ground with London Stock Exchange (LSE) the ...

Market report: Metro Bank mashed on warning, Burberry bucks negative Chinese sentiment

The FTSE 100 started the day on the back foot after a sell-off in the US overnight and strength in sterling on hopes Article 50 will be extended, delaying Brexit. The index of leading shares was down 0.5% to 6,870.27. UK fashion brand Burberry (BRBY) softens by 1.4% to £17.51 as its same-store sales in the third quarter slow from 2% a year earlier to 1% and sales as a whole dropped 1%. The ...

Market report: Slow progress at Sainsbury, Burberry and Astra up, but warning hits recycler Renewi

Supermarket chain Sainsbury (SBRY) reported a hefty slump in half year profits as it continues to grapple with stiff competitive pressures. Pre-tax profits fell from £220m a year ago to £132m in the six months to 22 September with like-for-like sales barely making any progress, up just 0.6%. The supermarket group blamed the drop in profits on a number of charges, including the integration of ...

Market report: Stagecoach cuts dividend, BP makes bet on electric cars with Chargemaster swoop

Beleaguered British trains and bus operator Stagecoach (SGC) has slashed its full year dividend despite posting a recovery in reported profits for the year to 28 April. The company has also run-up an £85.6m hit from the failure of the East Coast rail contract. ‘I am disappointed to be reporting significant exceptional costs in respect of Virgin Trains East Coast but I am pleased that ...
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