(Alliance News) - Stock prices in London were down at midday on Thursday, in tepid trade ahead of an expected interest rate hold from the European Central Bank and a US gross domestic product reading. Read More
(Alliance News) - Elementis PLC attracted takeover interest from a US private equity firm, which has since decided against tabling another offer, Reuters reported on Wednesday. Read More
(Alliance News) - Stock prices in London opened lower on Thursday, amidst uncertainty ahead of the European Central Bank rate call. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and Thursday: Read More
Elementis PLC - London-based speciality chemicals firm - Says performance in the fourth quarter of 2023 is strong compared to a "weak" final quarter in 2022. As a result, expects adjusted operating profit for 2023 to be in the range of USD102 million to USD104 million. For 2022, Elementis reported adjusted operating profit of USD101 million. Net debt at December 31 is anticipated to be about USD201 million, down from USD367 million. Looking ahead, Elementis says it remains committed to delivering on its financial targets, which include an operating margin of above 19%, by 2026. 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 on Friday and Thursday. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday: Read More
(Alliance News) - European equities jumped in the wake of a cooler-than-expected US inflation reading, which took some sting out of a recent hawkish reassessment of the Federal Reserve interest rate outlook. Read More
(Alliance News) - Elementis PLC on Tuesday set out a lofty margin target and said it plans "above market revenue growth by 2026". Read More
(Alliance News) - Elementis PLC on Tuesday reported a decline in third-quarter revenue compared to a year ago due to what it called challenging market conditions and market-related volume weakness. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning: Read More
(Alliance News) - Stock prices in London closed higher on Wednesday, as investors end the day on a more positive note with a lower UK inflation reading, as well as an expected pause from the US Federal Reserve. Read More
(Alliance News) - Elementis PLC on Wednesday responded publicly to an open letter from Franklin Templeton, saying that it disagrees with the shareholder's request to sell off its "attractive assets". Read More
Elementis PLC - London-based speciality chemicals company - Confirms that one of its senior independent directors, Trudy Schoolenberg, will become the interim chair at Accsys Technologies PLC. Schoolenberg is also a senior independent director at Accsys. Read More
(Alliance News) - Elementis PLC on Thursday remained confident in its prospects for the year as a whole, after seeing pretax profit rise but revenue decline on a weak demand environment. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Friday morning: Read More
(Alliance News) - Stock prices in London are expected to open flat on Friday, as investors look ahead to a US jobs print at the end of a rather bruising week for global equities. Read More
Norcros PLC - Wilmslow, England-based bathroom and kitchen product supplier - On Tuesday appoints Steve Good as a non-executive director and chair designate, both with effect from July 1. He will assume the role of chair upon the retirement of David McKeith. Good is currently a non-executive director of London-based speciality chemicals company Elementis PLC. Prior to that, he was recently the non-executive chair of cellular material technology producer Zotefoams PLC and sausage casing manufacturer Devro PLC. Read More