Home | Log In | Register | Our Services | My Account | Contact | Help |
Premarket Futures | FTSE -3 | DAX -6 | DOW +9 | S&P +0.2 | Nasdaq +3.5 |
|
FTSE 250 |
FTSE Small Cap |
FTSE TechMark |
|
Nasdaq 100 |
S&P 500 |
S&P Futures |
|
|
10 Year Bond |
![]() |
London Traders Day 29th January - Traders Room Investors Room |
News: | Sorry Your browser is not java capable | |
U.S. stocks fell back toward the close amid some jitters ahead of earnings. The Dow finished -58, S&P -6 and the Nasdaq -15 Marks and Spencer said its director of clothing is to quit after revealing a bigger than expected 3.3 percent fall in sales although profit margins had been protected and were on target. Non-food like-for-like sales including homewares and gifts fell 4.5 percent compared to analysts worst fears of a 2.5 percent drop. Food sales were up 0.7 percent on a like-for-like basis, not as strong as analysts had hoped given buoyant results elsewhere in the sector. Dixons beat forecasts with Christmas sales data like-for-like sales rising five percent in the eight weeks to January 10. This included a four percent rise in the UK.on Wednesday as it tuned into strong demand for flat screen TVs and computers, and forecast "satisfactory" year results. The firm says it has no plans to close stores. JJB Sports said it planned to return up to 40 million pounds in a tender offer as it reported a fall in turnover over the important Christmas trading period amid tough competition from discount retailer and supermarkets Wolseley plumbing and heating equipment, said trading profit for the five months ended December 31 was up 26.5 percent in constant currency with "the UK and U.S. distribution businesses having performed strongly, Mothercare said its sales rose 6.5 percent in the eight weeks to January 11, putting it on course to beat market profit forecasts for the year. Lastminute.com said trading in its first quarter was strong. "Trading in the first quarter, the seasonally weakest quarter, was strong being ahead of expectations, especially in the area of flights Matalan reported a five percent slump in Christmas sales and said stock sales had been disappointing and would lead to more clearance. Analysts had forecast a four to seven percent slump in like-for-like sales. |
|
|
|
|
![]() |