888.L Share News (888)

LONDON MARKET PRE-OPEN: boohoo poaches new CFO from Trainline

(Alliance News) - Stock prices in London are seen opening lower on Thursday after Federal Reserve Chair Jerome Powell admitted the US economy could tip into recession following aggressive interest rate hikes.

Interim revenues on track at 888

(Sharecast News) - Gambling and gaming group 888 Holdings said on Thursday that it expects interim revenues to be "broadly" in line with expectations.

LONDON BROKER RATINGS: Upgrades for Rolls-Royce and Euromoney

(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and Friday:

UK shareholder meetings calendar - next 7 days

888 first-quarter revenue falls as Dutch exit hurts user numbers

(Alliance News) - 888 Holdings PLC on Wednesday said revenue declined in the first quarter, with the gambling firm's exit from the Netherlands hitting monthly punter numbers.

888 Holdings Q1 revenues fall 18% YOY

(Sharecast News) - Online betting and gaming firm 888 Holdings said on Wednesday that total revenues had fallen in the three months ended 31 March.

EXECUTIVE CHANGES: 888 hires former Bleacher Report CEO to be US chief

(Alliance News) - The following is a round-up of London-listed company director and manager changes announced on Tuesday and not separately reported by Alliance News:

LONDON BROKER RATINGS: Prudential and CRH get upgrades, ITV cut

(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and Thursday last week:

LONDON MARKET CLOSE: Stocks end week in optimistic mood

(Alliance News) - Stocks in Europe rallied on Friday, ending the week on the front foot, as investors prepare for the start of US earnings season, inflation readings from Germany, the US and UK and a rate decision from Europe's central bank in an action packed week.

IN BRIEF: 888 Holdings raises GBP163 million to fund William Hill buy

888 Holdings PLC - Gibraltar-based online betting and gaming company - Raises GBP162.9 million through the placing of 70.8 million shares at a price of 230 pence per share. Says the proceeds will be used to partly fund the acquisition of the non-US business of William Hill, the London-based gambling company. The placing price represents a premium of 20% to the closing share price of 192 pence on Wednesday, 888 explains.

LONDON MARKET CLOSE: Shell and ex-dividend stocks take FTSE 100 down

(Alliance News) - Stocks around Europe struggled on Thursday as a couple of central banks cast a large shadow over markets.

LONDON MARKET MIDDAY: Stocks mixed as Fed plans aggressive tightening

(Alliance News) - Stocks in London were mixed at midday on Thursday as minutes from the Federal Reserve's most recent meeting fuelled expectations of more aggressive US interest rate hikes.

TOP NEWS: 888 in cash raise to fund now cheaper William Hill unit buy

(Alliance News) - 888 Holdings PLC confirmed on Thursday said it will conduct an accelerated bookbuild to fund the acquisition of William Hill's non-US operations, also adding the purchase price of the deal has been cut.

LONDON MARKET OPEN: Countryside Partnerships sinks on profit warning

(Alliance News) - Stocks in London opened lower on Thursday following hawkish minutes from the US Federal Reserve, while mid-cap stock Countryside Partnerships fell sharply after issuing a profit warning.

LONDON MARKET PRE-OPEN: Shell to take hit after exit from Russia

(Alliance News) - Stocks in London are seen opening lower on Thursday after minutes from the US Federal Reserve's March meeting heightened expectations for aggressive central bank monetary policy tightening.