Page 4 - Next Plc News Today

Industry onlookers have conceded a takeover of FatFace by Next Plc would be a win-win situation where both would benefit from growth.

Next Plc is reportedly engaged in final talks to acquire FatFace in a deal said to be worth more than £100m.

Apparel retailer Next PLC (NXT.L), is set to acquire FatFace a chain of fashion stores in the U.K. for more than 100 million pounds, according to Sky News. FatFace, founded in 1988 by Tim Slade and Jules Leaver, sells women's, men's, kids, clothing, footwear, and accessories and has around 180 stores.

UK retailers reported sluggish sales in September as squeezed consumers cut back on big-ticket spending and unseasonably warm weather delayed purchases of winter clothing.

CEO since 2017, she will lead a transition board to manage the demerger of divisions.

Detailed price information for Nvidia Corp (NVDA-Q) from The Globe and Mail including charting and trades.

TODAY’S GAME PLAN: from the trading desk, this is not research DATA/HEADLINES 8:30ET Weekly Jobless Claims, Current Acct Balance, Philly Fed; 10:00ET Existing Home Sales, Leading Index; 1:00ET $15 Billion 10-Year TIPS Reopening Friday - China’s Bund Summit, Japan CPI, PMIs, Bank of Japan rate decision, Eurozone S&P Global Eurozone PMIs, US S&P Global Manufacturing

U.K. stocks finished down Thursday, with the FTSE 100 Index falling 0.69% at 7,678.62. Of the FTSE 100 constituents, food retail company Ocado Group PLC saw...

U.K. stocks finished up Thursday, with the FTSE 100 Index growing 1.95% at 7,673.08. Among FTSE 100 constituents, general mining company Anglo American PLC...

Morgan Stanley screened for European stocks with strong balance sheets, lots of cash or high shareholder returns. CNBC Pro takes a look at 20.