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Abrdn (ABDN) Share News

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TOP NEWS: abrdn narrows loss, maintains payout despite more outflows

27th Feb 2024 08:43

(Alliance News) - abrdn PLC on Tuesday said it nearly broke even in 2023, following a big loss in 2022, after it slashed jobs and made other costs cuts, but the beleaguered asset manager is still suffering more outflows of client money. Read More

LONDON BRIEFING: Croda profit slumps amid weak market, destocking

27th Feb 2024 07:45

(Alliance News) - Stocks in London are called lower on Tuesday, following some weakness on Wall Street ahead of the week's US economic data. Read More

UK earnings, trading statements calendar - next 7 days

20th Feb 2024 13:55

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Virgin Money agrees to buy abrdn's stake in joint investment business

14th Feb 2024 10:58

(Alliance News) - High street bank Virgin Money UK PLC has agreed to buy abrdn PLC's stake in its investment platform for GBP20 million, less than a year after it was launched to customers. Read More

LONDON BROKER RATINGS: Berenberg raises IMI; Exane BNP cuts Schroders

29th Jan 2024 09:12

(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and Friday: Read More

LONDON BROKER RATINGS: JPMorgan raises Admiral Group to 'neutral'

25th Jan 2024 09:10

(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and Wednesday: Read More

LONDON MARKET CLOSE: PMI data and China bank measures boost stocks

24th Jan 2024 17:03

(Alliance News) - Stock prices in London closed up on Wednesday amid a host of strong PMI data from around the world, while bank measures in China boosted blue-chip miners. Read More

LONDON MARKET MIDDAY: UK PMI data and China bank measures lift mood

24th Jan 2024 12:08

(Alliance News) - Stock prices in London were up midday Wednesday, buoyed by data showing the start of the year has been decent for the UK private sector, while mining firms were boosted by efforts out of China to boost growth. Read More

TOP NEWS: abrdn confirms will cut about 10% of workforce to save costs

24th Jan 2024 08:56

(Alliance News) - abrdn PLC on Wednesday announced it plans to slash around 500 jobs, and said it will kick off a transformation programme to generate annual savings of GBP150 million by the end of 2025. Read More

LONDON MARKET OPEN: Stocks head higher; miners lead gains for FTSE

24th Jan 2024 08:48

(Alliance News) - Stock prices in London opened higher on Wednesday, with large-cap miners outperforming on news of stimulus measures from China. Read More

LONDON BRIEFING: abrdn to cut 100 jobs; Rio Tinto plane crash

24th Jan 2024 07:47

(Alliance News) - Stocks in London are expected to open higher on Wednesday, following a largely positive performance in New York. Read More

UK earnings, trading statements calendar - next 7 days

23rd Jan 2024 14:32

Read More

PRESS: abrdn to cut 10% of workforce amid fund outflows - Sky News

23rd Jan 2024 12:20

(Alliance News) - abrdn PLC plans to cut "hundreds" of jobs from its workforce, Sky News reported on Tuesday. Read More

LONDON BROKER RATINGS: BofA cuts Ashtead; UBS likes 3i Group

10th Jan 2024 09:35

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday: Read More

LONDON BROKER RATINGS: SocGen cuts Centrica; Barclays raises Trainline

15th Dec 2023 09:28

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning: Read More

Raw Charging launches rapid charging hub for UK Commercial Property

14th Dec 2023 10:35

(Alliance News) - Raw Charging Group Ltd on Thursday said that it launches an ultra rapid charging hub at two sites for UK Commercial Property REIT Ltd. Read More

LONDON MARKET CLOSE: Europe rally loses steam as focus turns to Fed

12th Dec 2023 16:55

(Alliance News) - London's FTSE 100 spent most of the day solidly in the green, and the CAC 40 in Paris spiked to a record high, though Tuesday's rally waned and signs of caution emerged again ahead of a trio of central bank decisions. Read More

UPDATE: AJ Bell cuts prices and increases rates after UK FCA warning

12th Dec 2023 14:40

(Alliance News) - AJ Bell PLC said on Tuesday that it will be enacting a package of pricing changes, which it believes will benefit customers by "around GBP14 million" a year, hours after a warning from the UK Financial Conduct Authority. Read More

LONDON MARKET MIDDAY: FTSE 100 up as investors shake off US CPI nerves

12th Dec 2023 11:55

(Alliance News) - The FTSE 100 in London were higher at midday Tuesday, despite investors cautiously eyeing a trio of interest rate decisions, as well as a US inflation reading on Tuesday afternoon. Read More

UPDATE: Investment platform shares hit by UK FCA customer cash warning

12th Dec 2023 09:33

(Alliance News) - Shares in London-listed investment platforms suffered losses early Tuesday, after the UK Financial Conduct Authority set out concerns on the treatment of retained interest on customers' cash balances. Read More

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