|Bid||390.20 x 70000|
|Ask||390.80 x 70000|
|Day's range||382.70 - 396.90|
|52-week range||266.84 - 424.40|
|PE ratio (TTM)||10.19|
|Earnings date||14 Dec 2017|
|Forward Dividend & Yield||N/A (N/A)|
|1y target est||332.33|
PCP Capital Partners, the investment firm run by British businesswoman Amanda Staveley, is interested in bidding around $400 million (£303.7 million) for Newcastle United after owner Mike Ashley put the Premier League club up for sale on Monday, according to a source familiar with the matter. Speculation over Staveley's interest in the St James' Park club was sparked when she was seen at the ground watching a match earlier this month against Liverpool, another club she has been linked with buying in the past. PCP Capital, which acts for investors in the Middle East and China, is one of four potential bidders for the club, the Financial Times reported on Tuesday.
Sportswear billionaire Mike Ashley has closed almost half of Sports Direct International Plc’s concessions in the stores of struggling U.K. department store operator Debenhams Plc as he pursues a more ...
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.
Britain's JD Sports Fashion Plc reported a record half-year pretax profit on Tuesday on demand for athletic leisure clothing and the opening of 35 new stores, sending its shares sharply higher. Strong ...
The embattled chairman of British retailer Sports Direct survived a vote to oust him by a slim margin on Wednesday, after he said he would resign if a majority of independent shareholders voted against him for a third time. Investors have blamed Keith Hellawell for a string of management and governance failures at Sports Direct and accuse him of being unable to control Mike Ashley - the retailer's billionaire founder, chief executive and 61 percent shareholder. Hellawell, a former police chief constable and government drugs czar who has chaired Sports Direct for eight years, received the backing of 53.24 percent of votes cast by the company's independent investors at its annual general meeting.
The embattled chairman of Sports Direct has narrowly been re-elected at its annual meeting of shareholders, the British retailer said on Wednesday. Keith Hellawell secured 53.2 percent of independent shareholder ...
Ahead of a shareholder vote on Keith Hellawell's future, dark clouds were gathering above its controversial Shirebrook warehouse amid opposition to his reappointment and new allegations relating to the retailer's treatment of staff.
The annual shareholders' meeting of Sports Direct has concluded with the firm saying the results of investor votes will be announced through the Regulatory News Service later on Wednesday. Chairman Keith ...
British retailer Sports Direct said on Wednesday it remained optimistic on its trading outlook, reiterating its earnings guidance for the current year. In an update ahead of its annual shareholders' meeting the firm, controlled by founder, CEO and majority shareholder Mike Ashley, said it still aimed to achieve growth in core earnings of 5 percent to 15 percent in its 2017-18 year. Core earnings had fallen 29 percent in 2016-17.
Sports Direct's embattled chairman Keith Hellawell could be forced to honour a pledge to step down on Wednesday if independent shareholders don't back him at the British retailer's annual meeting. Investors have blamed Hellawell, a 75-year-old former police chief constable and government drugs czar, for a string of management and governance failures at the sports retailer, as well as for his perceived inability to control Mike Ashley, its billionaire founder and chief executive. Hellawell only kept his job a year ago thanks to Ashley, who used his majority shareholding to win a vote on his chairman's re-election.
British fund manager Legal & General Investment Management said on Friday it would vote against the re-election of the chairman of retailer Sports Direct over continued concerns about the company's governance. LGIM, the fund arm of insurer Legal & General (LSE: LGEN.L - news) , said it had voted against the chairman's re-election since 2014 and had opposed the re-election of all the company's non-executive directors in 2016.
Mike Ashley, the billionaire chief executive of Sports Direct, which has been heavily criticised for its treatment of workers and poor corporate governance, will skip the British retailer's annual general meeting next month. The company said Chairman Keith Hellawell will preside over the Sept. 6 meeting at the company's headquarters in Shirebrook, in the East Midlands. "...Mike Ashley recently hosted a detailed and constructive Q&A session with stakeholders in July, and due to conflicting demands for his time in other areas of the business, with the agreement of the Board he will not be required to attend this year's AGM," the sportswear chain said in a statement on Friday.
Two of Sports Direct's biggest independent shareholders are selling out of the troubled stock, according to a report in the Guardian. The paper reports on Friday that Standard Life Investments, Sports Direct's biggest independent shareholder, sold its entire 5.8% stake in the discount sports retailer. Aviva has also reportedly reduced its shareholding.
A former Merrill Lynch banker on Wednesday lost his claim that Mike Ashley, founder and boss of British retailer Sports Direct, promised him a 15 million pound ($20 million) bonus during a heavy drinking session. Jeffrey Blue alleged that Ashley pledged during a meeting at the Horse & Groom, a pub close to Sports Direct's central London office, in January 2013 to pay him the bonus if he could double Sports Direct's share price to 8 pounds within three years. Sports Direct's shares, which were listed at 3 pounds in 2007, rose above 8 pounds in February 2014, but Blue said Ashley reneged on their deal, paying him 1 million pounds.
British retailer Sports Direct reported a 29 percent slump in annual earnings, hurt by a weaker pound since the Brexit vote, but its shares soared on a forecast of growth this year and hopes management is finally getting its house in order. The sportswear chain, founded and run by billionaire Mike Ashley, has been heavily criticised for its treatment of workers and poor corporate governance. Having failed to offset the risk of currency fluctuations for its 2016-17 financial year, the company put a hedge in place after the Brexit vote but that backfired too.
Sunny (Taiwan OTC: 1819.TWO - news) weather brought British shoppers out and led to stronger retail sales than expected in June, shaking off a gloomy start to the year and suggesting the broader economy may be regaining speed after an early 2017 lull. More recent data have been mixed, as consumers feel squeezed by higher inflation largely driven by sterling's fall after last year's Brexit vote, while the Bank of England has been see-sawing over whether interest rates need to rise. Retail sales volumes rose by 0.6 percent month-on-month in June after falling 1.1 percent in May, the Office for National Statistics said on Thursday, beating economists' forecasts in a Reuters poll for a 0.4 percent rise.
Profits at discount sports retailer Sports Direct collapsed by more than half last year, after the collapse in the value of the pound, costs related to a pay scandal, and issues with international stores all ate into earnings. Ashley, who is currently involved in a bitter legal dispute with a former business partner, said in the results statement: "Sports Direct is on course to become the "Selfridges" of sport by migrating to a new generation of stores to showcase the very best products from our third party brand partners.
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 ...
Sky News first reported the stake on Wednesday evening. Game said in a statement on Thursday morning it "is pleased that the strategic value of the group has been recognised by Sports Direct through this acquisition of a 25.75% stake. Sports Direct's motive for taking the stake is unclear.
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 ...