Next Shares News & Articles

Market report: Next rallies on ‘in line’ Christmas sales but still cuts guidance as Apple issues profits shock

High street fashion chain Next (NXT) gets the eagerly awaited Christmas reporting season underway as it reports festive sales as expected but still lowers full year guidance. The UK retail sector has been under a cloud for weeks with investors anticipating a gloomy run-in to Christmas as consumers flex their muscles over discounts and on line bargains. Yet Next has survived the worst of the ...

Market report: FTSE 100 slips on weak Asian markets but energy stocks keep mid-caps bubbling

UK stocks start the year on the back foot with the FTSE 100 index falling 1.6% or 106 points to 6,622 giving up almost all of its post-Christmas gains. Every sector except Tobacco is in the red this morning with Banks, Industrial Engineers, Miners and Oils providing the biggest drag on the index. Best-performing stocks in the FTSE 100 are Imperial Brands (IMB) and retailers Next (NXT) and ...

The pros and cons of investing in Fundsmith’s new Smithson investment trust

Investors who have made a mint from Fundsmith Equity (B41YBW7) are now deciding whether to back a new fund from the same asset manager, to be called Smithson Investment Trust. The prospectus has shed some more light on the strategy and potential investments, meaning we now have a much better idea of the possible shape of the trust’s portfolio. Our conclusion from these bits of information ...

Market report: Next basks in glow of summer sales boom, Card Factory weak, CMC warns

UK fashion retailer Next (NXT) has lifted its full year profit forecast by £10m to £727m after it saying that trading in August was better than expected. Shares in the FTSE 100 high street operator shot to the top of the FTSE 100 leader board in early trade on Tuesday after the company revealed ‘we did not experience any material loss of sales in August or early September.’ The shares ...
Showing 1 to 20 of 219