(Alliance News) - Stocks in London are called higher on Thursday, after the US Federal pledged to continue fighting inflation, while in the UK, Prime Minister Boris Johnson continues to cling onto power. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and Wednesday: Read More
(Alliance News) - HomeServe on Thursday said it has agreed to be taken over by Brookfield Infrastructure Partners in a deal worth GBP4.08 billion. Read More
Watches of Switzerland Group PLC - Leicester, England-based watch retailer - Records revenue increase of 39% to GBP304 million in the final quarter to May 1 from GBP218 million in the same period a year before. Reports full-year revenue of GBP1.24 billion, up 37% from GBP905 million the year before. Credits the growth to strong demand for its products in the UK and US. Notes that the demand for luxury watches in financial 2022 consistently exceeded supply. Assumes that the disruption from the pandemic is now largely behind it with the ongoing recovery in footfall and airport traffic. Guides for financial 2023 revenue between GBP1.45 billion to GBP1.50 billion. Read More
(Alliance News) - Stocks in Europe were extending morning gains at midday on Wednesday, with a positive open seen in New York, as traders eagerly await the latest consumer price index reading from the US. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday: Read More
(Alliance News) - Consumer price inflation in Germany ticked to a new record high in April, as expected, data from the Federal Statistical Office showed on Wednesday. Read More
Watches of Switzerland Group PLC - Leicester, England-based watch retailer - Says trading in financial fourth quarter that ended May 1 was in line with expectations. Remains confident about prospects in new year. Will release fourth-quarter trading update on May 18. Had initially planned to report trading statement on May 19 but changes date "to accommodate an unforeseen change in diary commitments". Read More
Mercantile Investment Trust PLC - London-based investment company focused on medium and smaller sized companies in the UK - Net asset value per share rises to 277.7 pence at January 31 from 251.0p at the same time the previous year. Gains on investments in the year ended January 31 swings to a profit of GBP228.2 million from a loss of GBP163.3 million the previous year. Pretax return also swings to a profit, rising to GBP265.7 million from a loss of GBP142.9 million in financial 2021. Company increases total dividend for the year by 3.0% to 6.9p. Read More
(Alliance News) - The following is a round-up of share dealings by London-listed company directors and managers announced on Tuesday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of share dealings by London-listed company directors and managers announced on Monday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of share dealings by London-listed company directors and managers announced on Monday and not separately reported by Alliance News: Read More
(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning: Read More
(Alliance News) - Stock prices in London opened mostly higher on Wednesday ahead of the UK government's 'spring statement' at midday, while BP and Reckitt Benckiser top-and-tailed the FTSE 100 on contrasting broker recommendations. Read More
(Alliance News) - The UK annual inflation figure hit its highest level since March 1992 as the country grapples with a cost of living crisis, data from the Office for National Statistics showed on Wednesday. Read More
Watches of Switzerland Group PLC - Leicester, England-based watch retailer - Says has "negligible" exposure to Russian and Ukrainian customers and keeps annual guidance unchanged. "Our thoughts go out to everyone affected by the conflict, and we hope for a swift resolution and lasting peace," company says. In February, when presenting results for third quarter ended January 30, Watches of Switzerland guided for annual revenue at top end of GBP1.15 billion and GBP1.20 billion range. Revenue in financial 2021 amounted to GBP905.1 million. Read More
LONDON BROKER RATINGS: DZ Bank ups Astra to hold; Jefferies ups Smiths Read More
Watches of Switzerland sales grow amid "thriving" UK market Read More