LONDON BROKER RATINGS: Citi raises Burberry, Investec cuts Hunting
2nd May 2025 09:52
(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 following London-listed shares received analyst recommendations Tuesday morning: Read More
(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and on Wednesday: Read More
(Alliance News) - WH Smith on Wednesday reported a pretax loss for the first six months of financial 2025, but said it remains on course to meet market expectations for the full year. Read More
(Alliance News) - Stock prices in London were in the red at midday on Wednesday, against the "deteriorating relationship" between the US and China. Read More
(Alliance News) - WH Smith on Wednesday reported a pretax loss for the first six months of financial 2025, but said it remains on course to meet market expectations for the full year. Read More
(Alliance News) - London stocks were called to open lower on Wednesday, amid signs of escalation in the trade dispute between the US and China. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and on Friday: Read More
(Alliance News) - WH Smith PLC on Friday said it has agreed to sell its UK High Street business to private equity firm Modella Capital Ltd for a cash-and-debt-free enterprise value of GBP76 million, as it sharpens its focus on its faster-growing global travel operations. Read More
(Alliance News) - London stocks are called to open higher on Friday, as gold reaches new record highs and investors begin to digest an upwardly revised UK economic growth reading. Read More
(Alliance News) - Virgin Wines UK PLC on Wednesday said the new strategic plan it promised at the beginning of the year will see its cash pile applied to growth investments and a share buyback. Read More
WH Smith PLC - Swindon, England-based retailer - Completes issue of GBP200 million US private placement notes and secures a three-year, GBP120 million bank term loan. Says it issued USSP notes on investment grade terms, with maturity of 7, 10 and 12 years. Notes that its bank term loan has 2 uncommitted extension options, which could see it extend to four and five years. Adds that it is being provided by a syndicate of lenders including Fifth Third Bank National Association, HSBC UK Bank PLC, Banco Santander SA and Skandinaviska Enskilda Banken AB. Also retains existing GBP400 million revolving credit facility which matures in 2029, with one-year extension option. Chief Financial Officer Max Izzard says: "We are pleased to have successfully completed our refinancing, which includes our first US Private Placement and a new bank term loan. The refinancing strengthens our balance sheet, extends our debt maturity profile, and diversifies our capital structure. It also gives the group access to a new debt investor base in the future, and we are pleased to have the continuing support of our banking partners." Read More
(Alliance News) - WH Smith PLC is set to disappear from UK high streets by name as the process to offload that business continues, The Sunday Times reported on Saturday morning. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and on Friday: Read More
(Alliance News) - Stock prices in London were higher on Wednesday afternoon, in solid trade before focus turns to the US, where there is an interest rate decision and a slew of tech sector earnings later. Read More
(Alliance News) - WH Smith PLC on Wednesday reported a "good start" to the 2025 financial year thanks to its core travel business, offsetting a slowdown in the UK high street division. Read More
(Alliance News) - London's FTSE 100 is set open slightly lower on Wednesday morning, ahead of a Federal Reserve interest rate decision and major tech earnings across the Atlantic. Read More
(Alliance News) - European equities kicked off the new week in decline, as investors look ahead to a number of interest rate decisions and major tech earnings in the US. Read More