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ASOS (ASC) Share News

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TOP NEWS: Asos shares surge as returns to profitability

15th Jun 2023 09:16

(Alliance News) - Asos PLC on Thursday said it returned to profitability with its 'P3' adjusted earnings before interest and tax in the three months ended May 31, despite a drop in revenue. Read More

LONDON MARKET OPEN: Hawkish Fed weighs on market mood ahead of ECB

15th Jun 2023 09:06

(Alliance News) - Stock prices in London opened largely lower on Thursday as markets came to grips with US interest rates staying higher for longer, following hawkish words from Federal Reserve Chair Jerome Powell on Wednesday. Read More

LONDON BRIEFING: Stocks set lower after US Fed decision, ahead of ECB

15th Jun 2023 07:55

(Alliance News) - Stocks in London were set to open lower on Thursday, after the US Federal Reserve paused its interest rate hikes but indicated that more will follow this year. Read More

Frasers spots another "bargain" as buys into AO World

12th Jun 2023 10:45

(Alliance News) - Frasers Group PLC's move to buy into AO World PLC and white goods was not a surprise, as it was the next logical step following forays into beauty and furniture. Read More

LONDON BROKER RATINGS: Goldman cuts Croda to neutral; Davy likes Wise

7th Jun 2023 09:42

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

UK takeover activity declines at start of the year

6th Jun 2023 10:53

(Alliance News) - Takeovers involving UK companies declined over the first three months of the year, amid tough economic conditions and political uncertainty, according to provisional official figures. Read More

LONDON BROKER RATINGS: RBC ups Anglo American; Berenberg likes Renew

6th Jun 2023 09:30

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

LONDON MARKET CLOSE: FTSE 100 down as rally for oil majors loses steam

5th Jun 2023 16:52

(Alliance News) - Stocks in London were largely lower at the close on Monday as a rally in oil majors ground to a halt and investors looked to an increasingly "two-speed" economy in the US. Read More

Asos remains vulnerable to takeover interest amid share price lows

5th Jun 2023 12:43

(Alliance News) - According to the Sunday Times, Asos PLC received a takeover approach from a Turkish company backed by China's Alibaba Group Holding Ltd late last year. Read More

LONDON MARKET MIDDAY: Stocks green amid UK service sector strength

5th Jun 2023 12:11

(Alliance News) - Stock prices in London were higher at midday on Monday as markets looked to further positive news for the UK's service sector. Read More

CORRECT (May 31): British Land Co drops out of FTSE 100; IMI joins

5th Jun 2023 09:47

(Correcting that index changes are effective from June 19.) Read More

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

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