Posts in LSE:NXT

Next ups guidance after boom in Directory sales

Fashion retailer Next said Next Brand sales for the first half of the financial year were up 10.7%, of which 2.4% came from the opening of profitable new space. Next Retail sales were up 7.5% and Next Directory was up 16.2%.

Sales are currently ahead of the 5.5% - 9.5% full year growth guidance given in April. Next is therefore raising and narrowing the sales guidance range for the year to 7% - 10%.

It might appear overly cautious to forecast a full year sales range which is below the current rate of growth.

3 Neil Woodford Fast Dividend Growers: BT Group plc, Legal & General Group Plc and NEXT plc

Renowned fund manager Neil Woodford has been thrashing the market for a quarter of a century. Woodford is a very selective stockpicker. Fewer than 1 in 10 of the UK's top 350 companies earn a place in his funds. So I always keep an eye on his holdings for promising investment ideas.

Can Sports Direct International Plc Overtake ASOS plc, Burberry Group plc, NEXT plc And Marks and Spencer Group Plc?

sportsdirectNews emerged this week that Sports Direct (LSE:SPD) will enter a joint venture in Australia and New Zealand, thereby increasing its international exposure. Indeed, Sports Direct needed positive news flow, after market sentiment had weakened over the last few weeks in response to shareholder discontent at the scale of Mike Ashley's potential bonus.

Director Deals - Next PLC (NXT)

David Keens, Financial Director, has transferred out 300 shares in the company on the 7th July 2014 at a price of 0.00p. The Director now holds 234,330 shares.

NOTE: Gift to unconnected person

Director deals data provided by www.directorsholdings.com

Director Deals - Next PLC (NXT)

David Keens, Financial Director, has transferred out 300 shares in the company on the 7th July 2014 at a price of 0.00p. The Director now holds 234,330 shares.

NOTE: Gift to unconnected person

Director deals data provided by www.directorsholdings.com

FTSE100 modestly lower in early deals this morning

MORNING REPORT: The headline index was modestly lower in early deals this morning, as heavy falls on Wall Street last night and downbeat data from China today spooked global markets.........

In early trade, the FTSE100 was down 17.07p at 6,721.38p and the FTSE250 off 42.53p at 15,609.95p.

US & ASIA

In the US last night, the Dow dropped 117 points to 16,907, the Nasdaq fell 61 points to 4,391 and the S&P500 lost 14 points at 1,964.

In Asia today, the Nikkei closed down 12 points at 15,303 and the Hang Seng was off 412 points at 23,129.

LONDON MARKETS

A slump in New York overnight spooked

Could Dunelm Group plc Be A Better Buy Than ASOS plc, Sports Direct International Plc Or Next plc?

FTSE100Investors in Dunelm (LSE:DNLM) have had a tough time in recent months, with shares in the homeware retailer sliding by 20% in the last three months. However, the company continues to perform well and this week released an upbeat set of fourth-quarter results that showed a pickup in sales in the final quarter of its financial year, which contributed to an increase in net profit of 7% for the year.

The Bank Of England Could Save These Three Stocks!

LondonAlthough the Bank of England expressed surprise recently that the market was not expecting an interest rate increase in 2014, the speed at which it will raise rates looks set to be anything but rapid. For instance, MPC member Ian McCafferty was quoted last week as saying that rates should not go up too quickly, and one way to achieve this would be to begin raising them sooner rather than later.

FTSE opens southbound as retail, financial stock weigh

The FTSE opened lower with falls in a string of retail-related and financial stocks following a positive session on Wall St overnight on Friday, and a mixed performance on key Asian indices heading into this morning.

Approaching 9 a.m., the FTSE 100 was down 29.69 points, or 0.44%, to 6795.51, while the FTSE 250 was down 103.51 points, or 0.66%, to 15,687.9.

In the US overnight on Friday, the Dow rose 26 points to 16,947, while the Nasdaq rose 9 points to 4368. The S&P500 followed suit, adding 4 points to 1963.