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ASOS (ASC) Share News

LONDON MARKET OPEN: Shell and BP rise after Opec+ cuts oil output

5th Jun 2023 09:00

(Alliance News) - Stock prices in London made a strong start on Monday, as announced cuts in oil production supported the price of Brent crude and the shares of oil majors Read More

LONDON BRIEFING: Stocks to rise; oil prices edge up on output cut

5th Jun 2023 07:45

(Alliance News) - Stock prices in London were pointed higher on Monday, with equity investors digesting the latest developments in the energy market and with a string of economic readings for May due. Read More

PRESS: Asos had GBP1 billion bid approach from Turkish peer - Times

4th Jun 2023 10:07

(Alliance News) - Asos PLC received a takeover approach from a Turkish company backed by China's Alibaba Group Holding Ltd, the Sunday Times reported, citing "City sources". Read More

LONDON BROKER RATINGS: Jefferies raises GCP Infrastructure to 'hold'

2nd Jun 2023 09:13

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

LONDON BROKER RATINGS: Morgan Stanley raises ConvaTec to 'overweight'

1st Jun 2023 09:27

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

TOP NEWS: British Land Co drops out of FTSE 100; IMI joins blue-chips

31st May 2023 18:06

(Alliance News) - FTSE Russell confirmed on Wednesday that the following changes will take effect to its UK indices from the market open on Monday, June 5, after completing its quarterly review. Read More

LONDON BROKER RATINGS: Numis cuts 3i Group; HSBC likes JD Wetherspoon

31st May 2023 09:21

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

IN BRIEF: Asos Chair and CEO buy shares as part of recent fundraise

30th May 2023 21:53

Asos PLC - London-based online fashion retailer - Chair Jorgen Lindemann buys 20,000 shares last Friday at GBP4.181 per share as part of the placing of shares announced last Thursday. Lindemann now holds 130,052 shares. Chief Executive Jose Antonio Ramos Calamonte buys 10,000 shares last Friday at GBP4.181 per share as part of the retail offer for shares, also announced last Thursday. Calamonte now holds 18,950 shares. Read More

LONDON BROKER RATINGS: RBC cuts Dr Martens to 'sector perform'

30th May 2023 09:14

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

IN BRIEF: Asos raises nearly GBP5 million via share issue

26th May 2023 18:38

Asos PLC - online fashion retailer - Raises GBP4.8 million via issuing 1.2 million new shares at 418.1 pence per share, which represent around 1.2% of the firm's issued share capital before the equity raise. Says that in total, the placing and retail offer comprises 19.1 million new shares, about 19% of the firm's existing issued share capital, raising around GBP80 million. Read More

LONDON MARKET CLOSE: US debt ceiling deal optimism lifts FTSE 100

26th May 2023 16:48

(Alliance News) - Stocks in London were mostly lower at the close on Friday, though the FTSE 100 ended in the green amid glimmers of hope that the impasse in US debt ceiling negotiations may soon draw to an end. Read More

LONDON MARKET MIDDAY: FTSE 100 outperforms on boost from miners

26th May 2023 12:10

(Alliance News) - Stock prices in London were largely lower at midday on Friday, though the FTSE 100 outperformed, as investors looked to the prospect of further interest rate hikes in the UK, while also tracking developments in the US debt ceiling impasse. Read More

Asos looks to bolster finances to progress turnaround plan

26th May 2023 10:15

(Alliance News) - Asos PLC announced fundraising plans in a bid to help its turnaround, confirming the suspicions of one City broker. Read More

LONDON MARKET OPEN: Miners lift FTSE; Biden says US will avoid default

26th May 2023 09:04

(Alliance News) - Stock prices in London opened mostly in the green on Friday, as a strong performance from miners helped to lift the FTSE 100 out of the week's slump amid fears of a US debt default. Read More

TOP NEWS: Asos raises GBP75 million to support turnaround plan

26th May 2023 08:39

(Alliance News) - Asos PLC on Friday said that it has raised GBP75 million through a share placing, in order to support its Driving Change agenda. Read More

LONDON BRIEFING: UK retail sales up; Hunt "comfortable" with recession

26th May 2023 07:57

(Alliance News) - Stocks in London are expected to kick off the final trading day of a fraught week with a minor gain, though US debt ceiling uncertainty continues to temper sentiment. Read More

TOP NEWS: Asos rejigs finances and raises funds to support turnaround

25th May 2023 18:42

(Alliance News) - Asos PLC on Thursday announced plans to boost its balance sheet through a new long-term GBP275 million financing facility alongside a GBP75 million placing as it continues to restructure the business. Read More

LONDON BROKER RATINGS: RBC raises St James's Place to 'outperform'

19th May 2023 09:07

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

LONDON BROKER RATINGS: Liberum cuts Greggs; RBC raises AB Foods

16th May 2023 09:49

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

LONDON MARKET OPEN: Stocks drift up amid unease over US debt talks

16th May 2023 09:06

(Alliance News) - Stock prices in London edged into the green at Tuesday's open, but investors failed to muster much enthusiasm following weak Chinese economic data and fears of a US debt default. Read More

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