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ASOS (ASC) Share News

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

LONDON MARKET CLOSE: Miners lift FTSE 100 in lukewarm start to week

15th May 2023 16:55

(Alliance News) - Mining shares helped the FTSE 100 outperform on Monday, though peers in Europe only achieved minor gains in a tepid start to the week. Read More

LONDON BROKER RATINGS: Citigroup raises Flutter Entertainment to 'buy'

15th May 2023 09:35

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

LONDON BRIEFING: BAT names new CEO; no offer for John Wood Group

15th May 2023 07:56

(Alliance News) - Stocks in London were set to open higher on Monday, as investors wait for postponed discussions on the US debt ceiling to resume. Read More

LONDON BROKER RATINGS: RBC lifts Barclays; Jefferies cuts Diageo

12th May 2023 09:37

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

LONDON BROKER RATINGS: Asos targets cut; Jefferies ups Diploma to buy

11th May 2023 09:45

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

LONDON MARKET CLOSE: Stocks lower as Bank of England decision looms

10th May 2023 16:58

(Alliance News) - Stocks in London closed lower on Wednesday as investors digested the latest inflation print in the US and nervously awaited the Bank of England's next interest rate decision. Read More

LONDON MARKET MIDDAY: Stocks down ahead of US inflation data

10th May 2023 11:59

(Alliance News) - Stock prices in London were lower at midday on Wednesday, as investors nervously look ahead to a key US inflation reading which "could easily turn markets upside down." Read More

TOP NEWS: Asos loss widens but reports signs of turnaround success

10th May 2023 09:27

(Alliance News) - Asos PLC on Wednesday reported a markedly weaker half-year financial outcome, though the online retailer said its turnaround plan is progressing. Read More

LONDON MARKET OPEN: FTSE 100 flat; Melrose up as focuses on aerospace

10th May 2023 09:12

(Alliance News) - Early trading was cautious in London on Wednesday, as investors look ahead to inflation data from the US, as well as a key interest rate decision from the Bank of England on Thursday. Read More

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