LONDON BROKER RATINGS: Jefferies raises John Wood to 'buy' from 'hold'
12th Dec 2022 09:34
(Alliance News) - The following London-listed shares received analyst recommendations Monday morning: Read More
(Alliance News) - The following London-listed shares received analyst recommendations Monday morning: Read More
Frasers Group PLC - Shirebrook, England-based owner of Sports Direct, Frasers and Flannels retail chains - Founder Mike Ashley buys a spread bet on 100,000 shares at 815.23 pence per share, worth GBP815,233, and sells a put option over 300,000 shares at strike price of 900p, worth GBP2.7 million. The put option, which gives Ashley the right to sell Frasers shares at that price, expires in September of next year. Frasers provides no reason for the transactions. Back in May, Ashley stepped down as chief executive officer of the company he founded in 1982, replaced by his son-in-law Michael Murray. In October, Ashley stepped down from the board as well, though he remains a company adviser. Read More
(Alliance News) - Stock prices in London closed lower on Thursday, with markets in wait-and-see mode as investor focus became increasingly fixed on next week's central bank meetings. Read More
(Alliance News) - Stock prices in Europe were looking for direction at midday on Thursday, while mining stocks in London made gains as China eased its Covid curbs. Read More
(Alliance News) - Frasers Group PLC on Thursday said revenue rose 13% to GBP2.64 billion in the six months that ended October 23 from GBP2.34 billion a year prior, largely due to acquisitions. Read More
(Alliance News) - Stock prices in London made little progress on Thursday morning, amid fears for the global economy and despite a slew of local corporate updates. Read More
(Alliance News) - Stocks in London are set to open slightly higher on Thursday, as the focus shifts to next week's central bank decisions. Read More
(Alliance News) - Next PLC on Thursday said it is buying a majority stake in fellow retailer Joules Group PLC, which last week Friday said it was preparing to be wound up. Read More
(Alliance News) - Stock prices in London closed higher on Friday, but falling prices hit oil majors, keeping a lid on the FTSE 100's progress. Read More
(Alliance News) - Stock prices in London closed lower on Wednesday in a day of risk aversion for global markets, with inflationary and geopolitics fears rife. Read More
(Alliance News) - European stocks were treading water early on Monday, with caution abounding after China doused hopes of a near-term end to its punishing zero-Covid strategy. Read More
(Alliance News) - Frasers Group PLC on Monday said it has started a share buyback programme of up to 10.0 million ordinary shares. Read More
(Alliance News) - Frasers Group PLC has increased its interest in German fashion designer Hugo Boss AG by 1.5 percentage points, according to a company statement on Friday. Read More
Frasers Group PLC - Derbyshire, England-based retail and intellectual property group - Will compulsorily acquire remaining MySale Group PLC shares, after its offer for the company closed in London on Tuesday. It now owns or has acceptances for its takeover offer for 95.4% of MySale shares. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News: Read More
(Alliance News) - The FTSE 100 crept back into the green by midday on Monday, having risen at the open before promptly falling back, as the international-facing index struggled against a stronger pound. Read More
(Alliance News) - Frasers Group PLC on Monday said it increased its investment in German fashion designer Hugo Boss AG to just under a third, while also confirming it has bought a 5% stake in UK online clothing retailer Asos PLC. Read More
(Alliance News) - Frasers Group PLC on Monday said its investment in the shares of German fashion designer Hugo Boss AG is now 4.3%, while it additionally has a 28.5% interest via put options that it has sold. Read More
(Alliance News) - Stocks in London were called to start the new week flat on Monday, while the Hang Seng in Hong Kong slumped after Xi Jinping secured a rare third term as leader of China. Read More