LONDON BROKER RATINGS: Rio, Barratt and Dr Martens get 'buy' ratings
27th Feb 2025 09:35
(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 Thursday morning and on Wednesday: Read More
(Alliance News) - Stock prices in London were mostly higher at midday on Wednesday, with Aston Martin Lagonda the worst mid-cap performer. Read More
(Alliance News) - Hammerson PLC on Wednesday said its annual loss shrank thanks to a smaller loss on property valuations, as the shopping centre landlord noted "robust" occupier demand. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and on Friday: Read More
(Alliance News) - European equities are set to tumble at the start of the week, while the dollar powered higher after US President Donald Trump imposed tariffs on some of the nation's major trading partners. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and on Tuesday: Read More
(Alliance News) - The following London-listed shares received analyst recommendations on Wednesday morning and on Tuesday: Read More
(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and on Monday: Read More
(Alliance News) - The following London-listed shares received analyst recommendations on Monday morning and Friday: Read More
(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and on Monday: Read More
Hammerson PLC - London-based real estate investment trust focused on city-centre shopping centres in the UK and elsewhere - Completes the acquisition of the remaining 50% stake in Westquay for GBP135 million. This gives the company a 100% interest in the retail and leisure destination situated in the heart of the South Coast. Says the consideration will be funded by the proceeds received from its recent disposal of its stake in Value Retail PLC. Read More
(Alliance News) - European equities were weaker on Thursday, with the mood uncertain following the UK budget, underwhelming earnings from both sides of the Atlantic and ahead of a US inflation reading in the afternoon. Read More
Hammerson PLC - London-based real estate investment trust focused on city-centre shopping centres in the UK and elsewhere - Launches share buyback worth up to GBP140 million. The buyback programme to reduce capital was first announced back in July. Hammerson has a market capitalisation of GBP1.58 billion. The buyback will be run by Morgan Stanley & Co International PLC. It will start on Wednesday and be completed by mid-October 2026. Read More
Hammerson PLC - London-based property development and investment company - Confirms that its share capital has reduced. This comes after the High Court of England and Wales sanctioned the share consolidation on Tuesday. Shareholders approved this share reduction last month. It had said back in July the move seeks to simplify its share capital through a 1 for 10 share consolidation, and to increase distributable reserves by reducing its share premium account. Hammerson says the issued share capital remains at 500.2 million shares, following the capital reduction. Read More
Hammerson PLC - London-based real estate investment trust owns city-centre shopping centres in the UK and elsewhere - Completes refinancing transactions that saw it issue new bonds and repurchase existing ones. It issues 12-year bonds at a coupon of 5.875%, raising GBP400 million. Uses the proceeds to buy back bonds for GBP411.6 million, comprising GBP168.4 million of 6% 2026 notes and GBP243.2 million of 7.25% 2028 issues. Says this reduces weighted average gross interest to 3.6% from 3.8% and extends its weighted average debt maturity to 5.2 years from 2.9 years. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and on Monday: Read More
(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and on Thursday: Read More
Hammerson PLC - London-based real estate investment trust owns city-centre shopping centres in the UK and elsewhere - Says it will accept up to GBP400.0 million for tender offers related to its plan to buy back three separate bonds. On Friday last week, Hammerson offered to repurchase three separate bonds - GBP300.0 million 6.00% note due 2026, GBP300.0 million 7.25% issue due 2028, and GBP350.0 million 3.500% bond due 2025. Read More
Hammerson PLC - London-based real estate investment trust owns city-centre shopping centres in the UK and elsewhere - Prices a GBP400 million bond, with a maturity of 12 years, paying a coupon of 5.875T. New bonds will be issued on Tuesday next week. Says the proceeds of the new bonds will be used to support its growth strategy and refinance its outstanding bonds. Read More