Next Shares News & Articles

Market report: Superdry soars on special dividend and trading recovery; Primark fails to halt ABF sugar sell-off

Fashion chain Superdry (SDRY) on Thursday posted double-digit growth in full year revenue and underlying pre-tax profit, helped by its wholesale segment, sending its share price racing to the top of the FTSE All-Share in early trade. The company has also declared a special dividend worth 25p per share. Reported pre-tax profit fell to £65.3m, from £84.8m in the previous year due to currency ...

This investment trust is at its widest discount in 10 years, read why analysts think that could change

Keystone Investment Trust (KIT) controls assets worth around £273m yet its market value stands at a fraction off £235m. That’s a 13.9% discount, apparently the widest the trust’s gap between its share price (up 10p today at £17.45) and net asset value (NAV) has been for 10 years, according to City analysts. A quick glance at Keystone’s performance tells you why this is. The trust has ...

Three reasons why DS Smith’s share price fails to rally on strong financial results

Packaging company DS Smith (SMDS) has reported a 21% jump in full year adjusted pre-tax profit to £473m with the figures bolstered by acquisitions and recovering paper prices. These figures do however strip out a slew of implied one-off costs relating to acquisitions and restructuring. It also adds back £93m of amortisation non-cash charges. Including all of these costs puts pre-tax ...

Market report: RBS agrees $4.9bn penalty to satisfy US regulators; BT slumps on growth return plans

Banking group Royal Bank of Scotland (RBS) has agreed to pay a $4.9bn fine to resolve a US probe into its past sale of mortgage-backed securities. This is a far smaller penalty than many investors feared the bank would have to pay, with some estimates predicting up to $12bn in fines. This sends shares in RBS jumping more than 5% to 290.6p in early trade on Thursday, one of the FTSE 100’s ...

Market report: Damp retail and further US declines drag on FTSE 100, what investors need to know today

There are surprisingly few major stock market announcements in early trade on Tuesday to welcome back investors following the Easter holidays. Grey and wet weather during the extended bank holiday is doing little to lift the negative mood on UK high streets. Share prices of large retail chains, including Marks & Spencer (MKS), Next (NXT) and Associated British Foods (ABF), which owns the ...

Adapt or die: The companies forced to transform as technology and markets evolve

Nothing stays the same forever and the best companies are those which are flexible and innovative enough to adapt. Without this capacity they risk becoming obsolete and are likely to face a steady decline in profit and cash flow until they eventually go bust or the remaining viable bits of the business are broken up and sold. The guiding motto of Andrew Grove, the man behind the rise of US ...
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