A Double Rocket for Ailing Sports Direct

Summary


THE already battered credibility of Mike Ashley's Sports Direct empire took another blow today when two highly critical reports from senior City analysts were published.

Morgan Stanley, in an unusual move, has stopped offering a target for the share price, citing total lack of communication from management.

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Extract


A Double Rocket for Ailing Sports Direct

The bank says it is near impossible to evaluate the company properly given the dearth of information. "We have yet t...

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