LONDON BROKER RATINGS: JPMorgan double upgrades Tesco and Sainsbury's
(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and on Wednesday: JPMorgan raises Sainsbury's to 'overweight' (underweight) - price target 310 ...
TOP NEWS: Fortress Investment to buy Loungers for GBP338 million
(Alliance News) - Loungers PLC said on Thursday it has agreed to the terms and conditions of a roughly GBP340 million all-cash takeover by Fortress Investment Group, alongside reporting strong ...
Ocado says grocer Morrisons to stop using London fulfilment centre
Bradford, West Yorkshire-based Wm Morrisons Supermarkets Ltd will "gradually cease deliveries" from Ocado's Erith CFC, which is in southeast London. It will instead "continue building further volumes" ...
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London open: FTSE edges up; Direct Line surges after rejecting Aviva bid
(Sharecast News) - London stocks edged up in early trade on Thursday, with Direct Line powering ahead after it rejected another takeover proposal, but trade was set to be quiet as US markets will be ...
London pre-open: FTSE to rise; quiet trade expected as US markets closed for Thanksgiving
(Sharecast News) - London stocks were set to rise at the open on Thursday, but trade was expected to be quiet, with US markets closed for the Thanksgiving holiday. The FTSE 100 was called to open ...
Global Petroleum eyes Namibia deal, advances Australia gold work
(Alliance News) - Global Petroleum Ltd on Wednesday provided updates on two of its key projects, targeting a year-end agreement for its Namibian oil and gas exploration licence and advancing ...
LONDON MARKET EARLY CALL: FTSE 100 to open higher amid US holiday
(Alliance News) - Stocks in London are called to open higher on Thursday, in what is expected to be a lighter day in terms of trading volumes, due to a US holiday. Financial markets in New York are ...
UK car production falls for eighth month in a row in October
The trade association found UK factories made 15% fewer cars in October this year than October 2023. It found 670,346 units were produced in the UK between January and October 2024, 11% lower than ...
EARNINGS: Shearwater interim loss widens; essensys annual loss narrows
The group declares an interim dividend of 4.5 pence per share, unchanged year-on-year. Chair Anthony Buttanshaw says: "Concerns about the UK government's budget, combined with anticipation of the US ...
Eco Atlantic first-half loss widens on increased operating costs
Eco Atlantic is a Toronto, Canada-based oil and gas exploration company which focuses its operations on South Africa, Namibia and Guyana. Its net loss in the six months that ended September 30 widened ...
LONDON MARKET CLOSE: Stocks eke out gains despite US inflation upturn
In New York, markets were mixed. The Dow Jones Industrial Average was up 0.1% at the time of the closing bell in London. The S&P 500 was 0.3% lower, and the Nasdaq Composite lost 0.9%. Investors were ...
London close: Stocks still positive after US inflation reading
(Sharecast News) - London markets posted modest gains on Wednesday, following a key US inflation reading that showed relative stability in price rises in October. The FTSE 100 index climbed 0.2% to ...