|Bid||0.000 x 204000|
|Ask||0.000 x 500000|
|Day's range||43.050 - 43.050|
|52-week range||30.000 - 47.330|
|PE ratio (TTM)||-7.44|
|Earnings date||18 Sep 2017 - 22 Sep 2017|
|Forward Dividend & Yield||N/A (N/A)|
|1y target est||50.00|
A US hedge fund is demanding a string of divestments at the FTSE-100 biotech group Shire (Xetra: S7E.DE - news) , underlining growing interest among activist investors in large European companies. Sky News has learnt that Sachem Head Capital Management is urging the board of Shire, which specialises in treatments for rare diseases and neuroscience products, to explore a sale or spin-off of several of its assets. The move, which has been raised during discussions between the hedge fund and Shire directors in recent months, comes after Sachem Head disclosed during the summer that it had acquired a small stake in the pharmaceuticals group.
British retail sales unexpectedly surged in August, official figures showed on Wednesday, boosting the chance that the Bank of England will raise interest rates in November. Last week the BoE said it was ...
British fashion retailer French Connection Group Plc reported a narrower operating loss for the first half and said it was making progress in its attempt to return to profitability. The owner of the Toast, French Connection (LSE: FCCN.L - news) and Great Plains brands has been struggling to fend off competition from fast-fashion rivals, such as ASOS (LSE: ASC.L - news) and Inditex (Amsterdam: IT6.AS - news) 's Zara. British billionaire Mike Ashley's Sports Direct International currently holds a 27.04 percent stake in French Connection and is the second-largest shareholder in the company.
Mike Ashley's Sports Direct empire has taken a 26% stake in Game Digital (Frankfurt: A11543 - news) , the troubled video games retailer has disclosed. The announcement confirms an exclusive report by Sky News on the latest deal by Mr Ashley, the billionaire tycoon and Newcastle United owner. It said: "Game is pleased that the strategic value of the group has been recognised by Sports Direct through this acquisition.
** Computer gaming group Game Digital up c15 pct after Sports Direct, the retailer controlled by billionaire Mike Ashley, buys a 25.75 pct stake ** Sports Direct owns stakes in retailers including Debenhams ...
Britain's Sports Direct, the retailer controlled by billionaire Mike Ashley, has bought a 25.75 percent stake in Game Digital, the computer gaming group said on Thursday. Ashley's Sports Direct owns stakes ...
The billionaire tycoon Mike Ashley has added a 25% stake in the video games retailer Game Digital (Frankfurt: A11543 - news) to a high street shopping list that also includes Debenhams (Frankfurt: D2T.F - news) and French Connection (LSE: FCCN.L - news) . Sky News has learnt that Sports Direct International (Other OTC: SDIPF - news) , the chain controlled by Mr Ashley, is understood to have bought the stake in recent days.
French Connection (LSE: FCCN.L - news) has reported its fifth consecutive year of annual losses as it continues to battle a series of problems within the business. The company's founder, chief executive and chairman Stephen Marks, said the results reflected an "improvement in performance" but he acknowledged the tough trading environment was limiting progress. It is also pushing for the role of chief executive and chairman to be divided.
British fashion retailer Reiss named former Next executive Christos Angelides as its new chief executive on Monday in a move aimed at allowing founder and chairman David Reiss to scale back his responsibilities. ...
Marks & Spencer (Frankfurt: 534418 - news) (M&S) has approached the architect of Next (Frankfurt: 779551 - news) 's transformation into one of Britain's top fashion retailers about a key role at the helm of its perennially struggling clothing division. Sky News has learnt that Christos Angelides is among a small number of candidates who are in the frame to join the top team at M&S under Steve Rowe, its chief executive. Appointing Mr Angelides, who resigned from Next in 2014 to take on the ultimately unsuccessful challenge of turning around Abercrombie & Fitch (Frankfurt: 903016 - news) in the US, would be a coup for Mr Rowe.
Struggling British sportswear retailer Sports Direct is in talks to bid for Eastern Outfitters LLC, the parent of U.S. discount chain Bob (Shanghai: 601169.SS - news) 's Stores and outdoor retailer Eastern Mountain Sports, people familiar with the matter said. The sportswear chain, founded and controlled by Chief (Taiwan OTC: 3345.TWO - news) Executive Mike Ashley, is Britain's largest sporting goods retailer with about 700 stores there and in the rest of Europe and has been looking for ways to expand in the United States. A regulatory filing to the London Stock Exchange (Other OTC: LDNXF - news) on Thursday also revealed that Sports Direct had taken a 11.2 percent stake in troubled UK fashion retailer French Connection, through contracts for difference.
Oct (Shenzhen: 000069.SZ - news) 24 (Reuters) - French Connection Group Plc founder Stephen Marks has dismissed a newspaper report of possible bid interest in the fashion retailer, saying there was nothing behind the article which sent its shares up more than 20 percent. The Telegraph reported on Saturday that potential buyers were thought to be a mix of European and U.S. private equity firms, as well as investment manager Neuberger Berman, and that French Connection (LSE: FCCN.L - news) had approached investment bank Moelis & Co for advice. A spokesman for Neuberger Berman referred questions to a shell company which the group had set up called Marquee Brands, which also declined to comment.
European shares ended flat on Monday with continued gains in banks offset by weakness among pharma stocks, while Spain outperformed on signs of an end to a political deadlock. The pan-European STOXX 600 ...
Oct (HKSE: 3366-OL.HK - news) 24 (Reuters) - Shares (Berlin: DI6.BE - news) in fashion retailer French Connection Group Plc rose more than 20 percent on Monday after a media report said overseas investors were looking to buy the British firm that has posted four year of losses. The Telegraph reported on Sunday that interested buyers were thought to be a mix of European and U.S. private equity firms, as well as investment manager Neuberger Berman, and that French Connection had approached investment bank Moelis & Co for advice. French Connection (LSE: FCCN.L - news) and Moelis declined to comment.
Merger activity in the United States helped to support European stocks on Monday, but two high profile Chinese deals to buy European firms hit difficulties to send shares in Syngenta and Aixtron tumbling. ...