(Alliance News) - London's FTSE 100 recouped early losses to trade just in the green at midday on Monday although a raft of gloomy economic reports provided little festive cheer. Read More
(Alliance News) - The FTSE 100 pushed higher in late trading to close narrowly in the green as US markets made ground in a shortened session. Read More
(Alliance News) - Stock prices in London were a touch higher on Friday, with the FTSE 100 more or less treading water, as trade lacked conviction on a combination of end of month calm and a lack of impetus from New York as markets there only re-open for a shortened trading day. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and on Thursday: Read More
JD Sports Fashion PLC - Bury, Manchester-based sportswear retailer - Completes the acquisition of Paris-based Groupe Courir SAS, a retailer of sneakers and other sporting goods. JD Sports announced the EUR520 million purchase back in May 2023, but it was only able to complete it following European Commission clearance late last month. To obtain the competition approval, JD Sports agreed to sell 15 of Courir's stores in France and all 6 of its stores in Portugal. These will be bought by Snipes SE, a retailer based in Cologne, Germany. This will be done in the first quarter of JD Sports' financial year 2026, which begins this coming February. Read More
(Alliance News) - The FTSE 100 closed higher on Monday as markets gave a nod of approval to Donald Trump's choice of Scott Bessent as his US Treasury pick, and hopes grew of a ceasefire between Israel and Lebanon’s Hezbollah. Read More
(Alliance News) - Stock prices in London surrendered some earlier gains but were still higher on Monday, kicking off the week positively as the US Treasury secretary pick was deemed market-friendly. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and on Friday: Read More
(Alliance News) - Stock prices in London opened higher on Monday, with a US Treasury chief pick calming market nerves, while there was a slew of M&A updates among early corporate updates. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and on Thursday: Read More
(Alliance News) - London's FTSE 100 is called to open higher on Friday, while the pound and euro struggled ahead of a series key purchasing managers' index readings. Read More
(Alliance News) - Stock prices in London closed in the green on Thursday, as investor confidence improved as the trading day wore on, after the US said a Russian missile attack on Ukraine was not a "game-changer". Read More
(Alliance News) - The FTSE 100 went into Thursday afternoon higher, shaking off the threat of slower interest rate worries in the UK and US, as ratcheting geopolitical tensions lifted oil prices and shares in BP and Shell. Read More
(Alliance News) - JD Sports Fashion PLC expects annual profit will be at the lower end of guidance after depressed third-quarter sales, it said on Thursday. Read More
(Alliance News) - European equities opened lower on Thursday, amid an unenthusiastic response to Nvidia's blockbuster earnings, as well as the threat of higher for longer interest rates on both sides of the Atlantic. Read More
(Alliance News) - London's FTSE 100 is called to open higher on Thursday, shaking off an underwhelming investor response to Nvidia's earnings, which came despite the chip-making sensation beating consensus. Read More
Applied Nutrition PLC - Liverpool-based sports nutrition brands - Sets the price for its initial public offering on the London Main Market at 140 pence, which gives the Applied Nutrition a market capitalisation of GBP350 million. The price is at the lower end of the price range of 136p to 160p that the company set last week. The IPO consists entirely of existing shares. A total of 45% of the total are offered, raising GBP157.5 million for the company's current owners. Within this is a retail offer worth up to GBP22 million. FTSE 100-listed retailer JD Sports Fashion PLC had a 32% stake prior to the IPO. Applied Nutrition doesn't say whether or not JD Sports is among the sellers. Conditional dealings in the shares begin on Thursday, followed by unconditional dealings on Tuesday next week. The stock is quoted at 145.2p midday Thursday. Read More