LONDON MARKET OPEN: Stocks mixed while house prices hit record high
6th Dec 2024 08:54
(Alliance News) - Stock prices in London opened mostly lower on Friday, as Prime Minister Keir Starmer attempts to sell his "plan for change". Read More
(Alliance News) - Stock prices in London opened mostly lower on Friday, as Prime Minister Keir Starmer attempts to sell his "plan for change". Read More
Haleon PLC - Weybridge, Surrey-based consumer healthcare products - Says Pfizer Inc representative and Non-Executive Director, David Denton, stepped down from Haleon's board on Wednesday following the reduction of Pfizer's stake in Haleon to below 20% and in line with the two firms' relationship agreement. Current Chief Financial Officer of J Sainsbury PLC Blathnaid Bergin will join the Haleon board as non-executive director on February 24. Read More
(Alliance News) - London's FTSE 100 struggled for direction on Thursday, although a wave of M&A action sparked life into an otherwise quiet trading day due to a public holiday in New York. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and on Wednesday: Read More
(Alliance News) - Stock prices in London opened higher on Thursday, with the grocers, M&A developments and Dr Martens adding some impetus on a day where market drivers from New York will be scarce due to the Thanksgiving holiday. Read More
J Sainsbury PLC - London-based supermarket chain - Launches final quarter of its GBP200 million share buyback programme. The GBP50 million buyback will be run by UBS AG. It will start on Friday and be completed by February 24, just prior to Sainsbury's financial year-end of March 1. The first tranche of the buyback was started in April and completed in October. Sainsbury bought back 54.8 million shares for GBP150 million in total. The buyback is solely to reduce share capital. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and on Monday: Read More
(Alliance News) - Stock prices in London opened higher on Tuesday, as investors wait for eurozone inflation data. Read More
(Alliance News) - Stocks were called higher on Tuesday, as large UK retailers put pressure on Chancellor Rachel Reeves over the budget and new data reveals a gloomy picture for last year's new business landscape. Read More
(Alliance News) - UK grocery sales spiked as trips to supermarkets hit the highest level since the onset of Covid, numbers from Kantar showed on Tuesday. 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