(Alliance News) - Compass Group PLC on Monday said it has agreed to buy CH&CO Catering Group Ltd for an initial enterprise value of GBP475 million, saying the provider of contract and hospitality services will complement its own footprint in the UK and Ireland. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday: Read More
(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning: Read More
(Alliance News) - Stocks are called to open higher on Thursday, after the US Federal Reserve chose not to surprise markets with its latest interest rate decision. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning: Read More
(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and Monday: Read More
Compass Group PLC - FTSE 100 Chertsey, England-based catering and food service provider - Announces deal inked on Friday with BNP Paribas Arbitrage SNC to enable buyback of shares worth up to USD250 million, or GBP197.3 million, between Monday and May 8, 2024. Says 'H1 Buyback' is the initial stage of its USD500 million buyback, which Compass announced alongside its full-year results on November 20. Company is currently authorised to repurchase up to 139.6 million shares pursuant to the H1 Buyback. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and Friday: Read More
(Alliance News) - European equities closed mixed in muted trade at the start of the week, with focus turning to Tuesday's Federal Reserve meeting minutes, as investors mull the outlook for US interest rates. Read More
(Alliance News) - European equities were mixed heading into Monday afternoon, in a cautious start to the week ahead of Tuesday's US Federal Reserve meeting minutes and a key UK fiscal policy announcement on Wednesday. Read More
(Alliance News) - Compass Group PLC on Monday increased its final dividend as revenue and profit surged, and announced a new USD500 million buyback. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday: Read More
Grafton Group PLC - Dublin-headquartered building materials supplier and DIY retailer - Non-Executive Director Susan Murray will succeed Hampden Smith as senior independent director at the conclusion of its annual general meeting in 2024. Smith will step down from the board after "almost nine years". Murray is also a non-executive director of Hays PLC, and was formerly a non-executive director at Mitchells & Butlers PLC and Compass Group PLC. From 1992 to 1998 she was chief executive officer of the Pierre Smirnoff Co, part of Diageo PLC. Grafton also hires Mark Robson as a non-executive director, effective December 1, to succeed Smith as chair of its Audit & Risk Committee. Read More
Whitbread PLC - Dunstable, Bedfordshire-based owner of Premier Inn chain of hotels - Appoints the chief commercial officer of Chertsey, Surrey-based catering and food service Compass Group PLC, Shelley Roberts, to its board as a non-executive director. Roberts leads Compass's global clients, mergers & acquisitions, health & safety, sustainability and digital & procurement functions. She previously worked in the travel sector at easyJet PLC, Tiger Airways and Sydney Airport. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday: Read More
(Alliance News) - Stocks in London are called lower on Wednesday, as worries about a protracted period of elevated US interest rates tank risk sentiment. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Friday morning: Read More
Compass Group PLC - Chertsey, Surrey-based catering and food service - Gary Green will retire as group chief operating officer, North America, after 24 years in that post and nearly 40 years in total with the company. Green will step down from the Compass board on November 30 but remain available to the company until March 31. He will be replaced on December 1 by Palmer Brown, who has been Compass's US-based group chief financial officer since 2021. Brown will remain on the Compass board and will be replaced as CFO by Petros Parras, who has been regional finance director for Europe Middle East since the start of 2020. Parras will join the Compass board on December 1. Read More