(Alliance News) - London's FTSE 100 made a tepid start to the day on Thursday, though large-cap peers in Paris and Frankfurt rose, as another inflation reading from the euro area took some sting out of European Central Bank interest rate expectations. Read More
(Alliance News) - The FTSE 100 is called to open higher, with focus on Thursday on inflation readings from the eurozone and US. Read More
Dr Martens PLC - Northamptonshire, England-based boot manufacturer - Promotes Non-Executive Director Ije Nwokorie to newly-created role of chief brand officer, effective from February 1. He will leave the board and the Audit & Risk, Nomination and Disclosure committees upon his appointment. CBO role consists of "setting the overall brand strategy, vision and direction for the next phase" of growth. Nwokorie will transition from Apple Inc, where he has been senior director of Apple Retail since January 2018. He was previously chief executive officer of London-based brand consulting agency Wolff Olins, where he worked for 11 years. Read More
(Alliance News) - Dr Martens PLC on Tuesday said it has hired John Menzies PLC former chief executive and chief financial officer, Giles Wilson, as its new finance chief. Read More
(Alliance News) - Stocks in London are expected to open lower on Tuesday, with investors focusing on US inflation data. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Monday morning: Read More
(Alliance News) - Stocks in London are called higher on Monday, as investors look ahead to the latest US inflation print. Read More
(Alliance News) - European equities closed slightly higher on Monday, supported by favourable eurozone data and the hope of more stimulus in China, after an underwhelming factory reading there. Read More
(Alliance News) - Stock prices in London were lower at midday on Monday, though European peers were on the rise, following favourable eurozone economic data. Read More
(Alliance News) - Dr Martens PLC shares climbed after Sky News reported Saturday that activist investment manager Sparta Capital Management Ltd has built a stake worth "tens of millions" in the bootmaker. Read More
Dr Martens PLC - Northamptonshire, England-based boot manufacturer - Chief Executive Officer Kenny Wilson buys 309,948 shares at GBP1.29 each, worth GBP399,998, on Friday last week. On Thursday, Dr Martens had provided a trading update, saying sales in the first quarter was in line with its expectations, as Japan led growth in Asia. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Monday morning: Read More
Dr Martens PLC - Northamptonshire-based boot maker - Says "addressing our performance" in the Americas is its "number one priority" for the current financial year, but "meaningful improvement" will take until the second half of the year, which ends March 31, 2024. Dr Martens says trading in the first quarter, which is the smallest period of its financial year, was in line with its expectations. The Europe, Middle East and Africa and Asia-Pacific regions saw "very good growth", with Asian sales driven by Japan. By contrast, Americas revenue was down from a year before, in line with expectations and mostly due to the wholesale business. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and Friday: Read More
Mothercare PLC - Hemel Hempstead, England-based retailer - Says Chief Executive Officer Daniel Le Vesconte has stepped down from his role, and Chair Clive Whiley and Chief Financial Officer Andrew Cook will lead the operating board until a replacement is found. Le Vesconte joined the firm as CEO in January after holding senior leadership roles for brands such as A&F Corp, Dr Martens PLC and VF Corp. Mothercare has not specified the reason for his departure, but Whiley says "a change in the CEO is in the best interest of the company and its shareholders." Read More
(Alliance News) - A recent revival of initial public offerings in London's equity markets is encouraging evidence that the city still holds appeal on the global stage, analysts contended. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday: Read More