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Inchcape (INCH) Share News

IN BRIEF: Inchcape acquisition of Derco to complete before end of year

23rd Dec 2022 08:44

(Alliance News) - Inchcape PLC - London-based automotive distributor - Says all conditions for its acquisition of Derco have been met. Derco is an automotive distributor in Latin America with operations in Chile, Peru, Colombia, and Bolivia. Inchcape shareholders approved the proposed acquisition last Friday, and it received receipt of merger control approval by the Peruvian authorities on Thursday this week. Inchcape expects the acquisition to take place before the end of the year. Read More

LONDON BRIEFING: Stocks to start half-day positively despite weak lead

23rd Dec 2022 07:50

(Alliance News) - Equities in London were set to open a shortened trading day in the green on Friday, despite indices falling in Asia and the US. Read More

UK shareholder meetings calendar - next 7 days

9th Dec 2022 15:43

LONDON BRIEFING: Asos interim CFO departs; Safestore enters Germany

2nd Dec 2022 07:54

(Alliance News) - Stocks in London are set to open marginally lower on Friday, ahead of US non-farm payrolls later in the day, a piece of data expected to loom large for the US Federal Reserve at its December meeting. Read More

TOP NEWS: Inchcape CFO De Zoeten resigns after "lapse in judgement"

28th Nov 2022 09:13

(Alliance News) - Inchcape PLC on Monday said Chief Financial Officer Gijsbert de Zoeten is standing down from the board and his role with immediate effect. Read More

LONDON BRIEFING: Arrests after anti-lockdown protests across China

28th Nov 2022 07:49

(Alliance News) - Stocks in London are set to open lower on Monday, amid risk-off sentiment globally, following anti-lockdown protests across several major cities in China. Read More

Inchcape records revenue growth; could outperform profit expectations

27th Oct 2022 10:19

(Alliance News) - Inchcape PLC on Thursday said it had recorded strong revenue growth in the third quarter and expected to meet or exceed its profit guidance for the full year. Read More

LONDON BRIEFING: Shell back in black; Lloyds income growth "robust"

27th Oct 2022 07:52

(Alliance News) - Another poor set of quarterly figures from a big US tech stock, this time Facebook-owner Meta Platforms, means European markets were set to open lower on Thursday, while traders await the latest interest rate decision by the European Central Bank. Read More

UK earnings, trading statements calendar - next 7 days

20th Oct 2022 15:59

IN BRIEF: Inchcape gets clearance from Colombia for Derco takeover

6th Oct 2022 10:39

Inchcape PLC - London-based auto distribution, retail and services company - Has submitted necessary merger control filings in Colombia, Chile and Peru for its Derco acquisition. Derco is largest multi-brand automotive distributor by volume in Latin America. Merger filing in Colombia has been accepted, waiting for Chile and Peru. Inchcape expects those processes to be completed in line with the overall timetable. Expects completion of acquisition at the end of 2022 or in the first quarter of 2023 subject to shareholder approvals and regulatory clearance. Read More

LONDON BROKER RATINGS: Berenberg likes Inchcape, cuts Devolver Digital

27th Sep 2022 09:38

(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and Monday: Read More

UK dividends calendar - next 7 days

26th Aug 2022 15:50

Diploma picks Chris Davies from National Express to be new CFO

10th Aug 2022 10:29

(Alliance News) - Diploma PLC on Wednesday said it has picked Chris Davies to be its new chief financial officer, with the start date to be confirmed in due course. Read More

UK dividends calendar - next 7 days

28th Jul 2022 16:08

EARNINGS UPDATES: Weir, Inchcape, FDM profit up, Rotala resumes payout

28th Jul 2022 15:32

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More

UK earnings, trading statements calendar - next 7 days

21st Jul 2022 16:10

LONDON BROKER RATINGS: Asos and Halfords get downgraded to 'hold'

17th Jun 2022 09:40

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and Thursday: Read More

LONDON BRIEFING: M&C Saatchi caught between two unattractive offers

17th Jun 2022 08:23

(Alliance News) - The battle over M&C Saatchi took a strange new twist on Friday, as the London-based advertising agency rejected both of its suitors but also said it may not be able to deliver on its own plans as a standalone company. Read More

LONDON MARKET CLOSE: Stocks tank after global rate hike trifecta

16th Jun 2022 17:04

(Alliance News) - Stocks in London ended sharply lower on Thursday after the Bank of England followed the Federal Reserve and raised interest rates as widely expected, while the Swiss National Bank delivered a surprise hike of its own. Read More

LONDON MARKET MIDDAY: Bank of England hikes key interest rate to 1.25%

16th Jun 2022 12:16

(Alliance News) - The pound remained lower against the dollar and equities also were down on the day at midday on Thursday, after the Bank of England decided to raise UK interest rates by a quarter of a percentage point. Read More

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