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ASOS (ASC) Share News

5678910111213

UPDATE: Frasers says boohoo, Currys stake buys part of growth strategy

20th Jun 2023 11:36

(Alliance News) - Frasers Group PLC on Tuesday said it its acquisition of stakes in boohoo Group PLC and Currys PLC are part of a wider strategy of taking up "supportive shareholder positions in attractive retail companies". Read More

Frasers snaps up Currys and boohoo stakes to add to AO World and Asos

20th Jun 2023 10:53

(Alliance News) - Frasers Group PLC, having already dipped into fast fashion and electrical goods with stakes in Asos PLC and AO World PLC, continued its shopping spree in recent days. Read More

TOP NEWS: Frasers shopping spree goes on as buys boohoo, Currys stakes

20th Jun 2023 09:58

(Alliance News) - Frasers Group PLC continued its streak of buying up shares in UK retail outfits, with a regulatory filing showing it has taken up a position in online fashion firm boohoo group PLC. Read More

LONDON BROKER RATINGS: Redburn likes Entain; HSBC lifts FirstGroup

19th Jun 2023 09:10

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

LONDON BRIEFING: Severn Trent deal sized up by CMA; Coca-Cola HBC buys

19th Jun 2023 07:53

(Alliance News) - Stocks in London are called lower on Monday, ahead of more central bank decisions, while a meeting between US Secretary of State Antony Blinken and his Chinese counterpart put relations between the two nations back under the spotlight. Read More

LONDON BROKER RATINGS: UBS lifts B&M price target to 550p from 385p

16th Jun 2023 09:07

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

LONDON MARKET CLOSE: Europe mixed after ECB hike and hawkish Fed

15th Jun 2023 17:02

(Alliance News) - London's FTSE 100 closed higher, though equities in mainland Europe weakened, after both the Federal Reserve and European Central Bank both hinted that they are not done with rate hikes. Read More

LONDON MARKET MIDDAY: European equities downbeat ahead of ECB decision

15th Jun 2023 12:07

(Alliance News) - Stock prices in London were largely lower at midday on Thursday, as focus turned to the European Central Bank's interest rate decision due out in the early afternoon. Read More

IN BRIEF: Frasers ups stake in Asos for fourth time in month, to 10.6%

15th Jun 2023 11:26

Frasers Group PLC - Shirebrook, England-based owner of the House of Fraser, Sports Direct and Flannels retail chains - Raises stake in Asos PLC, a London-based online fashion retailer which on Thursday reported a return to an adjusted quarterly profit, to 10.6% on Monday, from 9.9%. The raise in Frasers's stake in Asos follows three other raises over the past 31 days, to 9.9% last Wednesday, to 8.8% on June 1, and to 7.4% on May 15, from 5.1% before that. Read More

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

5678910111213
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