(Alliance News) - Stock prices in London were slightly higher at midday on Friday, as investors focus on a crucial speech from Federal Reserve Chair Jerome Powell at the Jackson Hole event in the US this afternoon. Read More
(Alliance News) - boohoo group PLC on Friday said it was in talks with Revolution Beauty Group PLC about a more formal licence agreement. Read More
(Alliance News) - Revolution Beauty Group PLC on Friday said it has terminated its formal sales process, having not received a proposal that would lead to an offer the board would recommend. Read More
(Alliance News) - Revolution Beauty Group PLC on Tuesday said it will report weaker than expected annual profit, as it agreed with its auditor to "change the definition" of provision charges for non-strategic stock. Read More
(Alliance News) - Frasers Group PLC on Thursday issued an open letter requesting that the chair of online fast fashion seller boohoo Group PLC be suspended and investigated for alleged misconduct. Read More
(Alliance News) - Aviva reported a profit rise for the first half and lifted its dividend, while Unite Group and Empiric agreed to a student property tie-up worth over GBP600 million. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and on Wednesday: Read More
(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and on Thursday: Read More
(Alliance News) - Frasers Group PLC shares fell on Thursday as it reported weaker annual earnings, as the Sports Direct and Flannels owner noted "headwinds caused by last year's budget". Read More
(Alliance News) - easyJet reported growth in quarterly profit but hit out at French air traffic control strikes, Diploma raised its annual guidance in a short update, while SSE affirmed its forecast. Read More
(Alliance News) - Mulberry Group PLC shares climbed on Thursday after it raised GBP20 million from stakeholders Frasers Group PLC and Challice Ltd, following confirmation of a sharp decline in annual sales. Read More
(Alliance News) - Frasers Group PLC will vote against any dividend payments at Metzingen, Germany-based fashion company Hugo Boss AG, Bloomberg reported Friday. Read More
(Alliance News) - Frasers Group PLC on Thursday said it has agreed a new term loan and revolving credit facility to replace its existing financing facilities of GBP1.65 billion. Read More
(Alliance News) - Stock prices in London opened mostly in the red on Thursday, with US markets closed for Juneteenth and all eyes on the Bank of England's interest rate decision. Read More
(Alliance News) - Frasers Group PLC on Thursday cooled its takeover interest in Revolution Beauty Group PLC. Read More
(Alliance News) - The FTSE 100 was called to open lower on Thursday, ahead of the Bank of England's interest rate decision at midday London time. Read More
Revolution Beauty Group PLC - London-based cosmetics retailer - Receives takeover proposals from "a number of parties", to whom further access to due diligence materials may be granted. At the same time, the company is speaking to shareholders about an equity raise. It says it also is "making encouraging progress on its cost structure and go-to-market strategy". The update on the formal sale process that the company started in May follows confirmation by larger retailer Frasers Group PLC that it is taking part in the sale process and is considering an all-cash takeover offer. Frasers has a 29% stake in fast fashion retailer boohoo Group PLC, which trades as Debenhams and which in turn has a 27% stake in Revolution, making it Revolution's largest shareholder. boohoo has been at odds with both Frasers and Revolution over the past two years. Read More
(Alliance News) - Frasers Group PLC on Tuesday confirmed it is evaluating a possible all-cash offer for Revolution Beauty Group PLC but cautioned that there is no certainty a bid will be made. Read More
(Alliance News) - London's FTSE 100 is called to open higher on Tuesday, clawing back Monday's weakness, in the wake of UK unemployment data and as eyes remain on US-China trade talks. Read More
(Alliance News) - European stocks made a slow start to the new week, as traders anxiously await trade talks between the US and China. Read More