LONDON BROKER RATINGS: Citigroup lifts Great Portland Estates to 'buy'
8th Nov 2024 09:39
(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and on Thursday: Read More
(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and on Thursday: Read More
(Alliance News) - The FTSE 100 ended lower on Thursday, while mid-caps jumped, as investors weighed election outcomes, central bank decisions and a slew of earnings. Read More
(Alliance News) - J Sainsbury PLC on Thursday said profit dropped more than 70% in the first half of its most recent financial year, due to divisional restructuring costs. Read More
Helical PLC - London-focused property developer - Completes sale of its 50% interest in Charterhouse Place Ltd, the owner of the JJ Mack Building in London, to its joint venture partner, London-based investment company AshbyCapital LLP, for GBP71.4 million. This reflects a value of GBP139.2 million for Helical's 50% share of the property. The building generated contracted rent of GBP17.4 million on the day of the sale and is 90% let to six office tenants, including J Sainsbury PLC and Partners Group Holding AG. Read More
(Alliance News) - J Sainsbury PLC on Thursday said it has sold the credit card portfolio of its Argos general merchandise arm for GBP720 million, creating a partnership with buyer NewDay Group. Read More
(Alliance News) - London's FTSE 100 is called to open lower on Thursday, in the aftermath of Wednesday's budget and US data. Read More
(Alliance News) - Stock prices in London closed higher on Friday, after data from across the pond showed that US producer price inflation decelerated year-on-year in September. Read More
Trakm8 Holdings PLC - Shaftesbury, England-based provider of fleet management software and data to insurers - Extends its contract with J Sainsbury PLC's Information Systems Ltd business by two years to December 31, 2026. The contract is for the Sainsbury's Goods Online delivery solution, which is built on the Trakm8 insight artificial intelligence optimisation platform algorithms, supplied through an application programming interface. It says more than 4,000 tonnes of carbon per year have been saved since Sainsbury's first use of Trakm8's algorithm. Read More
(Alliance News) - London's FTSE 100 was down heading into Friday afternoon, with Sainsbury's struggling, as US banking results kick off the third quarter earnings season. Read More
(Alliance News) - J Sainsbury PLC's largest shareholder has cut its stake in the London-based supermarket chain, Reuters reported Friday. Read More
(Alliance News) - European stocks opened mixed on Friday, in uncertain trade following a hotter-than-expected US inflation data, which came alongside a weaker reading of the nation's labour market. Read More
(Alliance News) - UK grocery price inflation picked up slightly in September, while Tesco PLC achieved its largest market share since 2017, according to data from Kantar on Tuesday. Read More
Hollywood Bowl Group PLC - ten-pin bowling centre operator in UK and Canada - Picks Darren Shapland to be its next chair, replacing Peter Boddy, who will step down at Hollywood Bowl's annual general meeting on January 30 after 10 years in post. Shapland was chief financial officer of supermarket chain J Sainsbury PLC, as well as CFO and chief executive officer of former London listing Carpetright PLC. Shapland currently is a non-executive director of retailer JD Sports Fashion PLC. He will join the Hollywood Bowl board as a non-executive director on December 1 and take the chair after the AGM. Read More
(Alliance News) - Dovish remarks from Bank of England Governor Andrew Bailey helped to boost the FTSE 100's housebuilders on Thursday at midday, while grocers rose following a strong interim showing from Tesco. Read More
(Alliance News) - Stock prices in London were mixed at midday on Thursday, with grocers outperforming, while housebuilders headed higher after dovish comments from Bank of England Governor Andrew Bailey. Read More
(Alliance News) - J Sainsbury PLC has agreed to sell its ATM machines to operator NoteMachine, as the chain sharpens its focus on the retail business after offloading its main banking arm. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and on Monday: Read More
(Alliance News) - London's FTSE 100 nudged higher late on Monday while the dollar flagged, as bets rose that the US Federal Reserve could deliver a jumbo sized interest rate cut on Wednesday. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and on Friday: Read More