Hints and tips:
...BUY: DFS Furniture (DFS) The sofa retailer’s results were not inspiring, but the market has been overly harsh, writes Mitchell Labiak....
...Atos: Shares in the France-based IT services and consulting group were down 19 per cent after it said Airbus was no longer considering purchasing its cyber security business....
...This knocked out many potential targets including online fashion group Asos, card retailer Moonpig and furniture group DFS. Performance is the next piece of the jigsaw....
...Earnings: Retailers JD Sports and Next are to release first-half results, while DFS Furniture is to publish figures for the year. Contract food service company SSP Group is to issue a trading update....
...Economic Sentiment Japan: Bank of Japan monetary policy meeting interest rate announcement US: February building permits and housing starts data Results: Close Brothers HY, Commerzbank FY, Continental FY, DFS...
...In a statement, Firtash’s company, Group DF, denied the charges and described them as “corrupt pressure”....
...rate data (AM local time) UK: December retail sales figures US: University of Michigan January consumer sentiment survey Results: Burberry Q3 trading update, Comerica Q4, Deliveroo Q4 trading update, DFS...
...Harris (NY DFS) and UK’s own MP Lisa Cameron and more. Register for your pass here: cryptowinter.live.ft.com Scrolling through the list of crypto’s who’s who is more like a rundown of who was....
...Also, public sector net borrowing figures Results: CVS FY, Darden Restaurants Q1, DFS Furniture FY, JD Sports H1, Next H1, SSP Group trading update Friday EU, France, Germany, Japan, UK, US: September...
...Firtash, who has been living in exile in Vienna where he has fought US extradition charges since 2014, denied the claims of wrongdoing through a statement issued by his Group DF that described the probe...
...Financial markets closed UK: Rightmove July house price index Results: DFS Furniture trading update, Oxford Nanopore H1 trading update Tuesday Canada: June consumer price index (CPI) inflation rate figures...
...“However, our trading history shows that the group has gained market share during periods of furniture market decline.”...
...more potent consumer group”....
...Furniture H1, Dollar General Q4, Enel FY, Eni FY, FedEx Q3, Gym Group FY, Investec pre-close briefing, John Lewis Partnership FY, Polymetal International FY, Rentokil Initial FY, RTL Group FY, Savills FY...
...Private equity operators have in the past owned DFS, the UK market leader in sofas, and bed retailer Dreams while in 2019 Alteri acquired Bensons for Beds from South African conglomerate Steinhoff....
...First-half losses are fairly common at the group because of its seasonality....
...Take sofa manufacturer DFS. Its share price fell nearly 60 per cent from £2.82 at the start of 2020 to £1.16 by Easter....
...policy committee rate-setting meeting UK, November GDP estimate and goods trade balance figures Results: Bank of America Q4, Bank of New York Mellon Q4, BlackRock Q4, Citigroup Q4, Delta Air Lines Q4, DFS...
...Just four months later, a 9 per cent decline was the best likely outcome and a fall of almost a quarter was the worst, a much bigger reduction in guidance than sofa retailer DFS or DIY group Wickes....
...Sales rose by almost half, partly reflecting strong growth in the group’s digital operations which now account for over a third of sales....
...Shares in the group were about 1 per cent lower in late afternoon trade, though analyst Andrew Wade at Jefferies noted that DFS had continued to increase its market share during the pandemic and he was “...
...They include the anti-ship intermediate range DF-21, which is viewed as a tool for deterring the US Navy and its aircraft carrier strike groups from operating in strategically important areas near China....
...UK-based furniture retailer DFS, which makes 40 per cent of its sofas in Britain, is also increasing the amount of automation in its domestic factories, citing benefits of higher quality, greater control...
...Deposit-takers have this week taken the top rates paid on two-year deposits to a shade below 3 per cent, with Allica Bank offering 2.96 per cent and DF Capital 2.95 per cent....
...The brand began with the Hotel Habita, often called Mexico’s City’s first boutique hotel, which opened in 2000, then cemented its reputation in the capital with the Condesa df in 2005....
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