MHCRF - Mothercare plc

Other OTC - Other OTC Delayed price. Currency in USD
0.8798
0.0000 (0.00%)
At close: 10:10AM EST
Stock chart is not supported by your current browser
Previous close0.8798
Open0.0000
Bid0.0000 x 0
Ask0.0000 x 0
Day's range0.0000 - 0.0000
52-week range
Volume0
Avg. volumeN/A
Market capN/A
BetaN/A
PE ratio (TTM)N/A
EPS (TTM)N/A
Earnings dateN/A
Forward dividend & yieldN/A (N/A)
Ex-dividend dateN/A
1y target estN/A
Trade prices are not sourced from all markets
  • Some cheer for retail amid crisis facing the high street as sales surge
    Sky News2 days ago

    Some cheer for retail amid crisis facing the high street as sales surge

    Retail sales bounced back last month after the so-called Beast from the East exacerbated the crisis facing the high street, according to official figures. The Office for National Statistics (ONS) recorded a 1.6% rise in sales volumes during April compared to March - a rate that smashed economists' expectations but was part-driven by fuel sales recovering from the snow disruption. A string of big name retailers have encountered trouble this year amid a spending slowdown blamed on wage growth failing to keep pace with price increases for the space of a year.

  • Mothercare has ruled out management buyout - source
    Reuters3 days ago

    Mothercare has ruled out management buyout - source

    LONDON (Reuters) - Mothercare (MTC.L) has decided a management buyout is "100 percent not" an option in the future, a source familiar with the matter said on Wednesday, after Bloomberg reported ...

  • Reuters - UK Focus3 days ago

    Britain's Mothercare has ruled out management buyout - source

    Mothercare has decided a management buyout is "100 percent not" an option in the future, a source familiar with the matter said on Wednesday, after Bloomberg reported that its CEO had proposed ...

  • Bloomberg3 days ago

    Mothercare CEO Is Said to Have Proposed a Management Buyout

    Mothercare Plc Chief Executive Officer Mark Newton-Jones proposed taking the struggling retailer private before his departure in April, according to people familiar with the matter. Newton-Jones is said to have proposed a management buyout to the board of the baby-goods retailer. Mothercare has had a tumultuous few months.

  • Reuters8 days ago

    UK high street slowdown stretching banks' provisioning limits

    Lenders, predominately UK banks, have already taken big hits on £1.6bn of syndicated loans following UK services company Carillion’s (CLLN.L) liquidation in January, and have limited capacity to absorb more losses. “I think UK banks have already used up their budget for provisioning in the first quarter of the year.

  • Returning Mothercare boss takes 20% pay cut to lead ailing firm's turnaround
    Sky News8 days ago

    Returning Mothercare boss takes 20% pay cut to lead ailing firm's turnaround

    Mothercare (Other OTC: MHCRF - news) boss Mark Newton-Jones is taking a pay cut after being re-hired to turn around the struggling retailer's fortunes just over a month after being ousted. Details of the reappointment of Mr Newton-Jones as chief executive were confirmed a day after the move was first announced as part of a shake-up which will see 50 stores axed and 800 jobs go. It is the latest twist in the boardroom drama at the retailer, which saw Mr Newton-Jones leave on 4 April to be replaced by former Tesco (Frankfurt: 852647 - news) executive David Wood - on a basic salary of £430,000.

  • Mothercare boss takes 22pc pay cut to return to the retailer
    The Telegraph8 days ago

    Mothercare boss takes 22pc pay cut to return to the retailer

    Mothercare boss takes 22pc pay cut to return to the retailer

  • Sacked Mothercare CEO rehired on lower salary
    Reuters9 days ago

    Sacked Mothercare CEO rehired on lower salary

    The boss of Mothercare, the struggling British mother and baby products retailer, who was sacked 44 days ago returned to work on Friday but with a 132,000 pounds pay cut. Mothercare said Mark Newton-Jones had re-joined the board as chief executive on an annual salary of 480,000 pounds. "In recognition of Mothercare’s financial position and the support for the restructuring and refinancing given by multiple stakeholders, Mark has taken a significant pay cut," the firm said.

  • Reuters - UK Focus9 days ago

    Sacked Mothercare CEO rehired on lower salary

    The boss of Mothercare (Other OTC: MHCRF - news) , the struggling British mother and baby products retailer, who was sacked 44 days ago returned to work on Friday but with a 132,000 pounds ($178,250) pay cut. Mothercare said Mark Newton-Jones had re-joined the board as chief executive on an annual salary of 480,000 pounds. "In recognition of Mothercare’s financial position and the support for the restructuring and refinancing given by multiple stakeholders, Mark has taken a significant pay cut," the firm said.

  • Mothercare to pay for two top salaries as boss Mark Newton-Jones rejoins
    Evening Standard9 days ago

    Mothercare to pay for two top salaries as boss Mark Newton-Jones rejoins

    Ailing toy and baby-clothes seller Mothercare, which is looking to cut 800 jobs, will have two bosses on top salaries after the dramatic return yesterday of its sacked chief executive. Mark Newton-Jones, who was ousted by its then chairman Alan Parker last month, is now back, on a £480,000 salary a year. David Woods, brought in to succeed him, will now be managing director, earning £430,000 a year.

  • Boss takes pay cut to return to Mothercare
    Sky News9 days ago

    Boss takes pay cut to return to Mothercare

    Mothercare (Other OTC: MHCRF - news) boss Mark Newton-Jones is taking a pay cut after being re-hired to turn around the struggling retailer's fortunes just over a month after being ousted. Details of the reappointment of Mr Newton-Jones as chief executive were confirmed a day after the move was first announced as part of a shake-up which will see 50 stores axed and 800 jobs go. Sky News understands that the salary cut is a reflection of the struggle facing the business, many of whose staff are facing an uncertain future after the announcement of the store closure plan.

  • Reuters9 days ago

    Mothercare to shut a third of UK stores in battle for survival

    Struggling British mother and baby products retailer Mothercare (MTC.L) will close over a third of its UK stores as part of a survival plan that also sees the return of the chief executive who was sacked just five weeks ago. Mothercare's shares had lost 83 percent of their value over the last year but rose as much as 34 percent on Thursday after the firm detailed a 113.5 million pounds refinancing, including a planned 28 million pounds equity fundraising, and said Mark Newton-Jones would return as CEO. Newton-Jones was ousted as CEO on April 4 by then chairman Alan Parker.

  • Reuters - UK Focus9 days ago

    Mothercare to shut a third of UK stores in battle for survival

    Struggling British mother and baby products retailer Mothercare (Other OTC: MHCRF - news) will close over a third of its UK stores as part of a survival plan that also sees the return of the chief executive who was sacked just five weeks ago. Mothercare's shares had lost 83 percent of their value over the last year but rose as much as 34 percent on Thursday after the firm detailed a 113.5 million pounds refinancing, including a planned 28 million pounds equity fundraising, and said Mark Newton-Jones would return as CEO. Mothercare said it would seek creditor approval for so-called company voluntary arrangement (CVA) proposals that would enable it to shut 50 stores and secure rent reductions on 21 others.

  • Mothercare to close 50 stores in rescue plan
    Sky News9 days ago

    Mothercare to close 50 stores in rescue plan

    Mothercare (Other OTC: MHCRF - news) has confirmed that it plans to close 50 stores as part of a rescue plan for the beleaguered babycare retailer. The shake-up aimed at restoring the fortunes of the chain - details of which were first reported by Sky News - is expected to result in 800 job losses. It will also see the return of chief executive Mark Newton-Jones just 36 days after he unexpectedly left the company.

  • Here’s why Mothercare’s share price is flying today
    Fool.co.uk9 days ago

    Here’s why Mothercare’s share price is flying today

    Shares in Mothercare plc (LON: MTC) jump on news of a rescue plan but this Fool remains sceptical.

  • Mothercare puts 800 jobs at risk with store closure plans as it reinstates ousted boss
    The Telegraph9 days ago

    Mothercare puts 800 jobs at risk with store closure plans as it reinstates ousted boss

    Mothercare puts 800 jobs at risk with store closure plans as it reinstates ousted boss

  • Mothercare: Who is Mark Newton-Jones, the CEO who was sacked and rehired a month later?
    The Independent9 days ago

    Mothercare: Who is Mark Newton-Jones, the CEO who was sacked and rehired a month later?

    Mothercare boss Mark Newton-Jones has had a very strange month. It marks an upturn in a tumultuous four years for the struggling retailer’s chief executive. Mothercare announced on Thursday it would close 50 stores as part of a rescue plan.

  • Mothercare boss Mark Newton-Jones back - and ready to cut 800 jobs
    Evening Standard10 days ago

    Mothercare boss Mark Newton-Jones back - and ready to cut 800 jobs

    The boss of ailing Mothercare, who on Thursday dramatically returned to the helm a month after he was ousted, has put 800 jobs at risk as he ploughs ahead with a rescue plan. Mark Newton-Jones’s first move could see 50 stores shut via a company voluntary arrangement (CVA), a deal with creditors and landlords to prevent a struggling business going bust. Newton-Jones was sacked in April by chairman Alan Parker, who himself subsequently left the business.

  • Reuters10 days ago

    UK high street slowdown stretching banks' provisioning limits

    Lenders, predominately UK banks, have already taken big hits on £1.6bn of syndicated loans following UK services company Carillion’s (CLLN.L) liquidation in January, and have limited capacity to absorb more losses. “I think UK banks have already used up their budget for provisioning in the first quarter of the year.

  • Mothercare to close 50 stores, with loss of hundreds of UK jobs
    The Independent10 days ago

    Mothercare to close 50 stores, with loss of hundreds of UK jobs

    Mothercare is to axe 50 stores, resulting in hundreds of job losses, in the latest blow for the high street. In a move that will stun many observers, the company has also rehired its chief executive, Mark Newton-Jones, who was given the elbow last month. The closures are part of a restructuring plan and will be carried out through a company voluntary arrangement (CVA), allowing the firm to shut loss-making shops and secure rental discounts.

  • Mothercare's Former CEO Returns as Baby-Goods Chain Raises Cash
    Bloomberg10 days ago

    Mothercare's Former CEO Returns as Baby-Goods Chain Raises Cash

    Mothercare Plc is bringing back Mark Newton-Jones to become chief executive officer one month after he left as the struggling U.K.-based baby-goods retailer raises cash to help pay back debt. Mothercare has arranged a package to raise as much as 114 million pounds ($154 million) by selling debt and shares, the company said Thursday. The retailer also said it plans to close 50 stores and lower rents at 21 other locations.

  • Reuters - UK Focus10 days ago

    UK's Mothercare to close 50 more stores in restructuring plan

    Britain's Mothercare (Other OTC: MHCRF - news) , the struggling mother and baby products retailer, said on Thursday it would ask investors for 28 million pounds ($38 million) as part of a restructuring plan that would see a further 50 stores close. The firm also said Mark Newton-Jones had agreed to return as chief executive following his abrupt departure last month. Mothercare said it would seek creditor approval for a company voluntary arrangement (CVA) that would enable it to shut 50 stores and secure rent reductions on 21 others.

  • Reuters10 days ago

    UK Stocks-Factors to watch on May 17

    May 17 (Reuters) - Britain's FTSE 100 index is seen opening down 4 points at 7,730 on Thursday, according to financial bookmakers. * ROYAL MAIL: New chief executive of Royal Mail, Rico Back, has been paid ...

  • Mothercare to close 50 stores, reappoint Newton-Jones as CEO: source
    Reuters10 days ago

    Mothercare to close 50 stores, reappoint Newton-Jones as CEO: source

    Mothercare has seen sales and profit hammered by rising costs and intense competition from supermarket groups and online retailers in its main UK market. Mothercare declined to comment. Newton-Jones stepped down as CEO in April, a month after Mothercare warned on full-year profit.

  • Reuters10 days ago

    Mothercare to close 50 stores, reappoint Newton-Jones as CEO - source

    Mothercare has seen sales and profit hammered by rising costs and intense competition from supermarket groups and online retailers in its main UK market. Mothercare declined to comment. Newton-Jones stepped down as CEO in April, a month after Mothercare warned on full-year profit.

By using Yahoo you agree that Yahoo and partners may use Cookies for personalisation and other purposes