LONDON BROKER RATINGS: Citigroup cuts Compass Group to 'neutral'
14th Oct 2024 09:33
(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 Monday morning and on Friday: Read More
(Alliance News) - Stocks were called to open lower in London on Monday, after data from China showed that demand remains fragile in the world's number two economy. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and on Tuesday: Read More
Spirax Group PLC - Cheltenham, England-based thermal energy and fluid technology - Hosts a capital markets event in London on Thursday, saying its full-year outlook remains unchanged from guidance provided with its interim results in August. Spirax still expects mid-single digit organic revenue growth for 2024. It expects its adjusted operating profit margin to be broadly in line with the 2023 margin of approximately 20.0%. This is subject to current movements, and Spirax notes the pound has strengthened since August. This means a 1% stronger headwind on both sales and adjusted operating profit than previously expected. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and on Monday: Read More
(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and on Monday: 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 Tuesday morning and on Monday: Read More
(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and on Thursday: Read More
(Alliance News) - Equities in Europe ended mixed on Thursday, but around session highs, as a better-than-expected initial jobless claims reading calmed some US economic jitters prompted by last week's softer nonfarm payrolls report. Read More
(Alliance News) - Spirax Group PLC on Thursday said its first-half results were below expectations as it grapples with tough market conditions. Read More
(Alliance News) - Stock prices in London were lower at midday Thursday, with markets remaining "jittery" after the recent global sell-off. Read More
(Alliance News) - Spirax Group PLC on Thursday raised its interim dividend after reporting a mixed financial performance in the first half. Read More
(Alliance News) - The FTSE 100 opened higher in London on Friday morning, while other stocks remained downbeat, as a nationwide tech outage combined with gloomy retail sales data at the start of the day. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and on Friday: Read More
Spirax Group PLC - Cheltenham-based thermal energy and fluid technology firm - Louisa Burdett to take on chief financial officer role from July 8. Spirax had named Burdett as its next CFO back in December. Burdett held CFO post at chemicals firm Croda International PLC. She has only spent a short period at Croda, having joined the executive committee in January 2023. Prior to joining Croda, Burdett was CFO of Meggitt PLC from January 2019 to October 2022, and before that was CFO of Victrex PLC. Read More
Spirax-Sarco Engineering PLC - Cheltenham-based manufacturer of pumps and steam management systems - Confirms name change to Spirax Group PLC. The rebrand was announced back in February. At the time, Spirax said the change reflects the "development of the company over many years into a larger and stronger group of three aligned businesses with differentiated and complementary capabilities." The three businesses it referred to are Steam Thermal Solutions (previously Steam Specialties), Electric Thermal Solutions and Watson-Marlow Fluid Technology Solutions. Read More
Spirax-Sarco Engineering PLC - Cheltenham-based manufacturer of pumps and steam management systems - Jamie Pike will retire from the board on December 31, having served as chair since 2018. Pike will be replaced by Tim Cobbold, currently chair of TI Fluid Systems PLC, an Oxford-based fluid storage and delivery system company. Cobbold will become chair designate from September 1 and chair from January 1. Spirax says the appointment remains subject to Cobbold's election as a director at Spirax's annual general meeting in May 2025. Cobbold will continue as chair of TI Fluid Systems, but will step down from his role as a director of Rotork PLC on December 31. Read More