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Melrose (MRO) Share News

LONDON MARKET CLOSE: Stocks higher as interest rate decisions loom

6th Jun 2023 17:05

(Alliance News) - Stocks in London were largely higher at the close on Tuesday, shrugging off a poor performance for oil majors in the FTSE 100 and lacklustre data for the UK's retail sector. Read More

UK shareholder meetings calendar - next 7 days

1st Jun 2023 15:52

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LONDON BROKER RATINGS: RBC cuts Halfords; Berenberg likes Sabre

26th May 2023 09:41

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

LONDON BROKER RATINGS: Citigroup cuts Sainsbury to 'neutral'

22nd May 2023 09:23

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

IN BRIEF: Melrose non-executive directors increase holdings

18th May 2023 19:43

Melrose Industries PLC - Birmingham-based aerospace-focused firm - Two non-executive buy shares in a series of transactions. Non-Executive Director Charlotte Twyning buys 13,949 shares for GBP66,097 in total. Pays between GBP4.71 and GBP4.91 for the purchases, which took place in four transactions. Twyning now owns 42,896 shares in the company, a nominal stake. Further, says Non-Executive Director David Lis buys 20,000 shares in two transactions of 10,000. Pays between GBP4.82 and GBP4.85, forking out GBP96,661 in total. Now owns 169,350 shares. Read More

LONDON MARKET CLOSE: Tepid finish as traders track debt ceiling talks

17th May 2023 16:51

(Alliance News) - Stock prices in London ended lower in listless trade on Wednesday, with equities once again searching for catalysts amid a backdrop of US debt ceiling talks, and a stronger dollar on hawkish words from Federal Reserve central bankers. Read More

Melrose expects Aerospace revenue to grow to GBP4 billion in 2025

17th May 2023 15:18

(Alliance News) - Melrose Industries PLC on Wednesday provided updated guidance figures for 2025, after recently announcing it will sharpen is focus on the aerospace sector following its demerger of Dowlais Group PLC. Read More

LONDON BROKER RATINGS: Asos targets cut; Jefferies ups Diploma to buy

11th May 2023 09:45

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

LONDON MARKET CLOSE: Stocks lower as Bank of England decision looms

10th May 2023 16:58

(Alliance News) - Stocks in London closed lower on Wednesday as investors digested the latest inflation print in the US and nervously awaited the Bank of England's next interest rate decision. Read More

LONDON MARKET MIDDAY: Stocks down ahead of US inflation data

10th May 2023 11:59

(Alliance News) - Stock prices in London were lower at midday on Wednesday, as investors nervously look ahead to a key US inflation reading which "could easily turn markets upside down." Read More

LONDON BROKER RATINGS: Peel Hunt raises Wetherspoon to 'add'

10th May 2023 09:40

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

LONDON MARKET OPEN: FTSE 100 flat; Melrose up as focuses on aerospace

10th May 2023 09:12

(Alliance News) - Early trading was cautious in London on Wednesday, as investors look ahead to inflation data from the US, as well as a key interest rate decision from the Bank of England on Thursday. Read More

TOP NEWS: Melrose revenue grows and to focus solely on aerospace

10th May 2023 08:41

(Alliance News) - Melrose Industries PLC on Wednesday said it has made a strong start to 2023 and the company announced a departure from its industrial turnaround strategy, focusing on just aerospace instead for now. Read More

LONDON BRIEFING: Compass sets share buyback; Melrose ups outlook

10th May 2023 07:55

(Alliance News) - The FTSE 100 is expected to open marginally higher on Wednesday, following positive updates from some UK blue-chip companies and ahead of a US consumer price index reading. Read More

IN BRIEF: Dowlais non-executive director buys GBP52,000 in shares

27th Apr 2023 15:03

Dowlais Group PLC - London-based spin-off of Melrose Industries PLC composed of GKN Automotive, GKN Powder Metallurgy and GKN Hydrogen businesses - Non-Executive Director Celia Frances Baxter buys 41,275 shares at GBP1.26, worth GBP51,999, on Wednesday. On Monday, the three top leaders of Dowlais - the chair, chief executive officer and chief financial officer - had bought 1.8 million shares worth GBP2.2 million. Read More

LONDON BROKER RATINGS: Whitbread and AB Foods get price target hikes

26th Apr 2023 09:27

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

DIRECTOR DEALINGS: Dowlais team buy GBP2.2 million worth after debut

25th Apr 2023 15:10

(Alliance News) - The following is a round-up of share dealings by London-listed company directors and managers announced on Tuesday and not separately reported by Alliance News: Read More

LONDON MARKET CLOSE: Europe up but New York set for tepid end to week

21st Apr 2023 17:07

(Alliance News) - Blue-chip stocks in Europe closed higher on Friday, though the FTSE 100 underperformed, held back by its mining sector. Read More

IN BRIEF: Melrose spin-off Dowlais to slot into FTSE 250 next week

21st Apr 2023 13:47

Dowlais Group PLC - engineering group focused on the automotive sector - Dowlais to become a FTSE 250 constituent from next week Tuesday, index operator FTSE Russell says on Thursday. Melrose Industries PLC on Thursday said it completed the demerger of the GKN Automotive, GKN Powder Metallurgy and GKN Hydrogen businesses from the company into Dowlais. Shares in Dowlais were admitted to the premium listing segment of the Official List of the UK Financial Conduct Authority and to trading on the London Stock Exchange's Main Market. Read More

LONDON MARKET MIDDAY: Stocks mixed; new listing Dowalis tops FTSE 100

21st Apr 2023 12:12

(Alliance News) - Stock prices in London were mixed at midday on Friday as uneven growth in the UK private sector suggested to markets that another rate hike by the Bank of England next month is an "increasingly done deal". Read More

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