LONDON BROKER RATINGS: RBC cuts Dunelm; Numis lowers Ashmore
4th Jul 2022 09:51
(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and Friday: Read More
(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and Friday: Read More
(Alliance News) - Stocks in London were mostly higher at midday on Monday, with US markets closed for holiday, as investors take fears over a recession in their stride. Read More
Marks & Spencer Group PLC - London-based food and clothing retailer - Appoints Alex Freudmann as managing director of M&S Food. Freudmann will join M&S on November 1. He is currently managing director of the Australian liquor supermarket Dan Murphy's and will succeed Stuart Machin, who was recently promoted to chief executive. Read More
(Alliance News) - Deliveroo PLC on Monday named Moneysupermarket.com Group PLC's Scilla Grimble as its new chief financial officer, replacing Adam Miller. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday: Read More
(Alliance News) - London's FTSE 100 index posted modest losses on Tuesday, with a buoyant session for the natural resources sector helping to take some of the sting out of a downbeat day for retailers. Read More
Marks & Spencer Group PLC - London-based food and clothing retailer - Repurchases GBP350.3 million in share buyback of notes. GBP100.6 million of 3% notes are due in 2023, while GBP249.7 million of 4.75% notes are due in 2025. "The settlement date in respect of the notes accepted for purchase pursuant to the offers is expected to be June 6, 2022," the company explains. GBP199.4m of 2023 notes and GBP350m of 2025 notes will remain outstanding following that date, it adds. The figures confirm the indicative results of the tender offer Marks & Spencer had announced earlier on Wednesday. Read More
Marks & Spencer Group PLC - London-based food and clothing retailer - Tenders a total of GBP350.3 million in share buyback of notes. GBP100.6 million of 3% notes are due in 2023, while GBP249.7 million of 4.75% notes are due in 2025. "The expected tender offer settlement date is June 6, 2022," the company explains. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and Friday afternoon: Read More
(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and Thursday: Read More
(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and Wednesday: Read More
(Alliance News) - The jury is largely still out on Marks & Spencer Group PLC, though analysts on Wednesday noted outgoing boss Steve Rowe has left the retailer in a better state than he found it in. Read More
(Alliance News) - Stocks in Europe climbed on Wednesday, with the FTSE 100 leading the way as the pound weakened, while gains for European indices were more muted ahead of the latest US Federal Reserve meeting minutes. Read More
(Alliance News) - Marks & Spencer Group PLC on Wednesday reported a swing to full-year profit, due to a good recovery in footfall. Read More
(Alliance News) - Stock prices in London pushed higher early Wednesday, with European markets showing few signs of trepidation ahead of the release of the US Federal Reserve's latest meeting minutes. Read More
(Alliance News) - Marks & Spencer on Wednesday reported a swing to profit for the year ended April 2, but the clothing, homewares and food retailer cautioned on profit in the year ahead, amid the war in Ukraine and investment plans. Read More
(Alliance News) - Stock prices in London were seen opening higher on Wednesday, with the mood in markets largely positive ahead of the release of minutes from the most recent US Federal Reserve meeting. Read More
Custodian REIT PLC - Leicester, England-based property investment company - Acquires two retail units on Winchester High Street in South England. The GBP3.7 million purchase covers 5,228 square foot, with the units let to Nationwide Building Society and Hobbs Ltd. It was funded through existing debt facilities, firm says. Describes Winchester as a "vibrant" shopping location, with nearby occupiers being Marks & Spencer Group PLC, Boots UK Ltd, Halifax Bank and Superdrug Stores PLC. Read More
Currys PLC - London-based consumer electronics and mobile phone seller - Announces Ian Dyson as chair from September 8. Replaces current Chair Ian Livingston. Incoming Chair Dyson is chair of London-based fast fashion retailer ASOS PLC. He worked as group finance and operations director of Marks & Spencers Group PLC from 2005 to 2010. Dyson was chief executive of Punch Taverns PLC and group finance director of Rank Group PLC. Worked as senior independent director at Flutter Entertainment PLC and as non-executive director of SSP Group PPL. As previously announced, Dyson will retire from his role as non-executive director of Intercontinental Hotels Group PLC in February 2023. Read More