(Alliance News) - The FTSE 100 ended the quarter with a flourish, hitting an all time high on Tuesday, as hopes grew of a peace settlement in the Middle East and as Keir Starmer reiterated a commitment to fiscal responsibility. Read More
Reckitt Benckiser Group PLC - Slough, England-based consumer health and hygiene products, including Durex, Nurofen and Vanish - Plans to commence the second tranche, worth GB250 million, of its GBP1 billion buyback programme initiated in July. Intends to begin the new tranche following completion of the initial GBP250 million tranche, which it expects to complete in October. Adds that the second buyback tranche is expected to complete by January 30 next year. It will be run by BNP Paribas. Notes the buyback programme's purpose of increasing returns to shareholders and reducing Reckitt's share capital. Read More
(Alliance News) - London's FTSE 100 is set to open higher on Friday, as investors look to this afternoon's US personal consumption expenditures data, the US Federal Reserve's preferred inflation gauge. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and on Friday: Read More
(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 Wednesday morning and on Tuesday: Read More
(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and on Friday: Read More
Reckitt Benckiser Group PLC - Slough, Berkshire-based heath and hygiene consumer products - Starts on Monday the GBP1 billion share buyback programme it announced last week. The entire buyback will be completed within the next 12 months. The first tranche of GBP250 million in buybacks will be run by RBC Europe Ltd and be completed by October 31. All of the repurchased shares will be cancelled, Reckitt says, with the buyback intended to increase returns to shareholders and reduce the share capital of the company. Reckitt also last week declared an 84.4 pence per share cash dividend for the first half of 2025, up 5.0% from 80.4p a year before. Read More
Indivior PLC - Richmond, Virginia-based pharmaceutical maker focused on treating opioid addiction - Indivior shares are cancelled from trading in London on Friday as the company focuses on its primary listing on Nasdaq in New York. It had announced its plan to delist from London at the start of June, saying that 80% of its revenue and 75% of its share trading volume is in the US. Formerly based in Slough, England, Indivior was part of heath and hygiene consumer products firm Reckitt Benckiser Group PLC before being spun out in late 2014. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and on Thursday: Read More
(Correcting gold and Brent crude price) Read More
(Alliance News) - The FTSE 100 posted another record close on Thursday, buoyed by well-received earnings and hopes for a trade deal between the US and Europe, following the Japan-US agreement. Read More
(Alliance News) - Reckitt Benckiser Group PLC on Thursday raised full-year guidance, lifted its dividend and launched a new share buyback, as it said its strategic reset is bearing fruit. Read More
(Alliance News) - European equities opened in the green on Thursday, as the UK strikes a GBP6 billion trade deal with India and UK vehicle manufacturing falls amid wider market uncertainty. Read More
(Alliance News) - Stock prices in Europe opened higher early on Friday, with the FTSE 100 almost hitting a new record high, as a swathe of dealmaking was well-received in London. Read More
(Alliance News) - Reckitt Benckiser Group PLC on Friday said it has struck a USD4.8 billion deal to sell a majority chunk of its Essential Home division, which houses the Cillit Bang, Calgon and Air Wick range. Read More
(Alliance News) - Reckitt Benckiser agreed to sell brands including Air Wick and Cillit Bang in a deal worth USD4.8 billion, while Burberry said it is still in the early stages of its turnaround as first quarter sales fell. Read More