RETAIL/CONSUMER

Shares in Dixons Retail were down on the FTSE 250 in morning trading after the group reported a drop in pre-tax profit in the full year ended 30 April.

Shares in Dixons Retail were up on the FTSE 250 in afternoon trading ahead of the group's full year results, expected tomorrow.

Shares in Kesa Electricals were up on the FTSE 250 in morning trading despite the group reporting a strong drop in pre-tax profits in the full year ended 30 April.

Shares in SABMiller were down on the FTSE 100 in morning trading after Australian rival Fosters rejected a takeover offer made by the group.

Shares in Whitbread were up on the FTSE 100 in morning trading after the group reported a rise in sales in the 13 weeks ended 2 June.

Shares in JD Sports Fashion were up on the FTSE 250 in morning trading after the group announced the acquisition of Sprinter Businesses in Spain and eight Cecil Gee stores in Britain.

Shares in Mulberry were up on the FTSE AIM in morning trading after the luxury fashion company more than quadrupled its profits in the full year ended 31 March.

Shares in J Sainsbury were up on the FTSE 100 after the supermarket chain reported a rise in sales in the first quarter ended 11 June.

Shares in Tesco were down on the FTSE 100 in morning trading after the supermarket giant reported a "subdued" set of results for the first quarter ended 28 May.

Shares in Tesco were up on the FTSE 100 in afternoon trading ahead of the supermarket giants Q1 trading update, expected tomorrow.

Imperial Tobacco saw its shares decline this morning on the FTSE 100 after the group said it stood to lose £110 million thanks to the implementation of a ban on smoking in public places in Spain.

Shares in Majestic Wine were down on the FTSE AIM in morning trading after the wine seller reported a rise in pre-tax profit and sales in the full year ended 28 March.

Shares in Fuller, Smith & Turner were flat on the FTSE in morning trading after pub owner and brewer reported a rise in revenue and pre-tax profit in the full year ended 2 April.

Shares in Home Retail plunged on the FTSE 250 in morning trading after the group reported a strong decline in sales at its Argos stores.

Shares in Halfords were up on the FTSE 250 in morning trading after the retailer reported a rise in revenue and pre-tax profit in the full year ended 1 April.

Fashion retailer New Look has reported a sharp dip in profits and sales in its full year results.

Shares in Punch Taverns were up on the FTSE 250 in morning trading after the pub owner reported a rise in sales in the third quarter ended 28 May.

Shares in HMV were up on the FTSE after the retailer announced that it had entered into revised term and revolving credit facilities of £220 million with its banks, replacing its existing bank facility of £240 million.

UK-based bookmaker Betfred has been chosen to buy the Tote after an auction process that began in November.

Shares in Kingfisher were down on the FTSE 100 in morning trading after the group predicted a "tough" year, despite reporting a rise in retail profit and sales in the first quarter ended 30 April.

Shares in Kingfisher were down on the FTSE 100 in afternoon trading ahead of the retailer's first quarter update, expected tomorrow.

Shares in Northumbrian Water were down on the FTSE 250 in morning trading after the water company reported a rise in revenue and pre-tax profit in the full year ended 31 March 2011.

Shares in Britvic were up on the FTSE 250 in morning trading after the drinks company reported a slight dip in pre-tax profit in the half year ended 17 April.

Shares in Daily Mail and General Trust were down on the FTSE 250 in morning trading after the publisher reported a rise in revenue and pre-tax profit in the half year ended 3 April, but said it had a cautious outlook.

Shares in Burberry were down on the FTSE 100 in morning trading as profit taking followed a strong set of results in the full year ended 31 March.

BT Wholesale and Everything Everywhere today announced a new collaboration between the two companies to begin the first stages of next generation 4G high speed broadand trials in the U.K.

The struggling sportswear retailer JJB Sports today said that its pre-tax losses for the year ended 30 January had more than doubled and that its restructuring plan to get it back on track could take up to five years to implement.

Shares in Marks & Spencer were down on the FTSE 100 in morning trading after the supermarket chain reported a rise in revenue and pre-tax profit in the full year ended 2 April.

HMV, the embattled high street music retailer, has said that it will be selling Waterstone's bookstore chain to A&NN Capital for £53 million.