LONDON BROKER RATINGS: Panmure Liberum raises Dunelm and cuts B&M
(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and on Monday: Read More
(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and on Monday: Read More
(Alliance News) - Ocado Group PLC on Thursday backed its cash flow target, and while earnings got a boost from the receipt of termination fees from partners, shares in the warehouse automation firm and online grocery company took a dive. Read More
(Alliance News) - UK Home Secretary Shabana Mahmood has emerged as the frontrunner to become chancellor under incoming Prime Minister Andy Burnham, according to media reports. Read More
(Alliance News) - SSE PLC on Thursday reiterated its full-year financial guidance, noting continued acceleration of networks investment and a significant increase in renewables output. Read More
(Alliance News) - Stock prices in London opened lower on Thursday, despite UK economic growth returning in May, as investors remained cautious amid persistent tensions in the Middle East and a busy day of M&A activity. Read More
(Alliance News) - DCC PLC on Thursday said the consortium led by Kohlberg Kravis Roberts & Co LP and including Energy Capital Partners LLC has further improved its takeover proposal, prompting DCC to extend the deadline for a firm offer to July 27. Read More
(Alliance News) - Diploma PLC on Thursday raised its guidance once again after a "very strong" third quarter, supported by its Controls business. Read More
(Alliance News) - Experian PLC on Thursday left its full-year view unchanged, after reporting first-quarter growth largely across the board, though it noted some pressure in the North America Consumer Services offering and "subdued" credit card activity. Read More
(Alliance News) - British Steel has been brought under public ownership to protect "the future of steel production in the UK", the government has announced. Read More
(Alliance News) - The UK economy returns to growth in May, matching expectations, while takeover activity gathers pace as DCC extends talks with a KKR-led consortium and ABB strikes a GBP4.1 billion deal for Rotork. Read More
(Alliance News) - Supermarket Income REIT PLC said on Wednesday afternoon it had raised GBP100 million as expected after equity issue to pursue acquisitions. Read More
(Alliance News) - The UK economy returned to growth in May, official figures showed on Thursday, as a rebound in the services sector offset declines in production and construction. Read More
(Alliance News) - NextEnergy Solar Fund Ltd on Wednesday declared the start of a formal sale process, saying its share price discount to net asset value has hurt its ability to raise new equity. Read More
(Alliance News) - ABB Ltd on Thursday announced a more than GBP4 billion deal to acquire London-listed Rotork PLC, which it deems "highly complementary" to its Automation offering. Read More
(Alliance News) - Stocks in London are set to open lower on Thursday, with investors awaiting a batch of UK economic data after the Federal Reserve struck a cautious tone on inflation and the US launched fresh strikes against Iran. Read More