LONDON MARKET CLOSE: Sea of red ahead of interest rate decisions
2nd May 2023 16:59
(Alliance News) - Stocks in London closed lower on Tuesday as the prospect of more monetary tightening weighed on investor sentiment. Read More
(Alliance News) - Stocks in London closed lower on Tuesday as the prospect of more monetary tightening weighed on investor sentiment. Read More
Restaurant Group PLC - London-based operator of around 400 restaurants and pub restaurants across the UK - Reports "very encouraging" trade in the first four months of the year, having delivered around GBP5 million cost savings on an annualised basis. In the four weeks to April 30, Wagamama sales rise 9% on a like-for-like basis, while Pubs sales rise 8% and Concessions rise 20%, helping to offset a 1% fall in Leisure. Says it will close 23 sites as part of its Leisure estate rationalisation plan, and notes "favourable" UK property market dynamics for potential new Wagamama sites on "attractive rent terms with good incentives". It will accelerate the expansion of Wagamama restaurants, and expects seven to eight openings in its financial 2024, compared to previous expectations of five. Read More
(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Tuesday. Read More
(Alliance News) - The following is a round-up of earnings updates by London-listed companies, issued on Friday and not separately reported by Alliance News: Read More
(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and Wednesday: Read More
(Alliance News) - London's flagship index was called to open higher on Thursday after Wednesday's sharp sell-off, among the FTSE 100's worst-ever trading days, as it lost 3.8%. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning: Read More
(Alliance News) - Stock prices in London were lower at midday on Wednesday, with investors still reeling from surprisingly hawkish comments by US Federal Reserve Chair Jerome Powell on Tuesday. Read More
(Alliance News) - Restaurant Group PLC on Wednesday said it will close about 35 "potentially loss-making locations" in its Leisure business over the next two years, as it reported a wider loss in 2022, amid a "challenging" year for the casual dining sector, but a "very encouraging" start to 2023. Read More
(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Wednesday. Read More
(Alliance News) - Stock prices in London opened in the red on Wednesday morning, after comments by US Federal Reserve Chair Jerome Powell put a larger 50-basis-point interest hike at the US central bank's next meeting in March firmly on the radar. Read More
Restaurant Group PLC - London-based operator of around 400 restaurants and pub restaurants across the UK - Notes further press release from shareholder Oasis Management Co Ltd regarding a seat on the board. Says it provided a full response to the initial Oasis letter on Thursday last week, and that its next announcement will be its annual results on March 8. Read More
(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Tuesday. Read More
(Alliance News) - Restaurant Group PLC on Thursday said it rejected a request from shareholder Oasis Management Co Ltd for a seat on the company's board. Read More
(Alliance News) - London's FTSE 100 traded not far off its best-ever level at midday on Wednesday, with equities supported by a more bullish forecast for the UK economy and Federal Reserve Chair Jerome Powell taking a softer tone than feared in a speech on Tuesday. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning: Read More
(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning: Read More
(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
(Alliance News) - The following London-listed shares received analyst recommendations Monday morning: Read More