|Bid||31.00 x 0|
|Ask||34.60 x 0|
|Day's range||31.20 - 33.98|
|52-week range||30.00 - 60.00|
|Beta (3Y monthly)||0.59|
|PE ratio (TTM)||31.40|
|Earnings date||17 Sep 2019|
|Forward dividend & yield||N/A (N/A)|
|1y target est||55.50|
Today we are going to look at French Connection Group PLC (LON:FCCN) to see whether it might be an attractive...
European stocks closed marginally lower on Tuesday as energy shares gave up a chunk of Monday's big gains and banks lost steam ahead of a likely interest rate cut from the U.S. Federal Reserve. The pan-European STOXX 600 index ended about 0.1% lower as investors sought refuge in defensive sectors such as consumer staples and healthcare after the weekend's attacks on Saudi Arabian oil facilities heightened geopolitical tensions. The index notched its biggest percentage gain since January on Monday after the Saudi attack disrupted more than 5% of global oil supply.
Britain's blue-chip index ended flat on Tuesday as losses in oil major BP, triggered by a report that Saudi Arabia's output could be back up quicker than expected, were countered by gains in so-called defensive sectors. The FTSE 100 was marginally down at 0.01%. The FTSE 250 fell 0.1%, dragged lower by a collapse in the shares of fertiliser maker Sirius Minerals after the company cancelled the bond tender at the heart of a crucial project in northern England.
* European shares open flat to slightly lower * STOXX 600 fell 0.7% from 6-week high on Monday * Oil slightly lower after massive jump on Saudi attacks on Monday Welcome to the home for real-time coverage of European equity markets brought to you by Reuters stocks reporters and anchored today by Danilo Masoni. Reach him on Messenger to share your thoughts on market moves: rm://email@example.com WEIGHING OIL (0815 GMT) Black gold has been the talk of the town this week and its 15% jump yesterday after attack on Saudi Arabia crude facilities has had positive impact on oil & gas stocks and slightly negative on the others. As an oil importer, Europe's GDP could take a half-a-percentage-point hit on a 10% supply-driven oil price increase, Goldman Sachs analysts say, adding that the impact globally is around half of this.
The main aim of stock picking is to find the market-beating stocks. But every investor is virtually certain to have...
The Sports Direct tycoon Mike Ashley is turning the screw on high street landlords by demanding a rent holiday at HMV stores as he negotiates a deal to rescue the music retailer. Sky News has learnt that Mr Ashley has written to HMV's landlords - who include some of the biggest names in Britain's commercial property industry - to seek a six-month rent-free period if he buys the chain. The letter provides further evidence of Mr Ashley's uncompromising approach to the owners of the UK's high street real estate, following a public dispute with many of House of Fraser's landlords since his purchase of the department store chain last year.
The high street stationer and greeting cards chain Paperchase is being touted to potential buyers as its owner holds talks with landlords about a move to close a chunk of its store portfolio. Sky News has learnt that KPMG, which is advising the company, began contacting prospective bidders this week about a deal which could see it change hands for the first time in nearly a decade. A meeting was held in London on Thursday at which KPMG discussed the principle of a Company Voluntary Arrangement (CVA) - a form of insolvency mechanism - with a number of Paperchase's landlords.
The Sports Direct tycoon Mike Ashley is in talks to snap up another chunk of Britain's struggling high streets by tabling a bid to rescue HMV from administration. Sky News has learnt that Mr Ashley has held talks with key music and entertainment industry suppliers to HMV in the last fortnight with a view to acquiring the UK's last-remaining national music chain. HMV collapsed just three days after Christmas when its parent company, HMV Retail, was forced to appoint administrators for the second time in six years.