AB Foods Share News (ABF)

LONDON MARKET MIDDAY: Bank concerns hurt stocks ahead of US tech

(Alliance News) - Stock prices in Europe were weaker heading into Tuesday afternoon, with investors digesting updates from major European banks, before focus turns to US technology stocks later.

UK equities lack love while France storms ahead

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UK EQUITIES LACK LOVE WHILE FRANCE STORMS AHEAD (1040 GMT)

TOP NEWS: AB Foods ups interim dividend as profit climbs, revenue up

(Alliance News) - Associated British Foods PLC on Tuesday reported "very good" retail footfall and a better-than-expected margin at fast-fashion shop chain Primark in the 24 weeks that ended March 4.

British Sugar has secured alternate sources of supply but profits will be hit

LONDON, April 25 (Reuters) - Associated British Foods said on Tuesday a UK sugar production shortfall has forced its British Sugar unit to secure costly alternate sources of supply that will significantly impact second half profits at the sugar business.

European stocks slide on fresh banking worries

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EUROPEAN STOCKS SLIDE ON FRESH BANKING WORRIES (0822 GMT)

LONDON MARKET OPEN: Stocks down; AB Foods slumps while Whitbread soars

(Alliance News) - Stock prices in London opened lower on Tuesday morning, with Whitbread the best blue-chip performer and Associated British Foods the worst after their half-year results.

LONDON BRIEFING: Whitbread profit soars on rebound in demand

(Alliance News) - Stocks in London opened lower on Tuesday, following mixed trading in Asia and the US.

AB Foods sees flat FY as Primark interims fall on inflation pressures

(Sharecast News) - Shares in Primark owner Associated British Foods fell sharply on Tuesday as the clothing retailer-to-foods group guided for flat annual profits and expressed caution over consumer spending amid the cost of living crisis.

UK earnings, trading statements calendar - next 7 days

AB Food's Primark to boost pay for 26,000 UK shop workers

(Alliance News) - Associated British Foods PLC's Primark is to hand its roughly 26,000 retail assistants a pay rise from next week.

Primark's UK workers to get 12% pay rise

LONDON, March 30 (Reuters) - Primark's 26,000 retail assistants in Britain are to get an inflation-beating average pay rise of 12% from April 1, the fashion retailer said on Thursday.

Jefferies upgrades Tesco, Kingfisher

(Sharecast News) - Jefferies has upgraded Tesco and Kingfisher, as part of a wider review of its UK retailer ratings.

LONDON BROKER RATINGS: DB cuts Reckitt; Jefferies likes Tesco

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

LONDON BROKER RATINGS: Canaccord says sell Future; Investec likes RWS

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning:

Deutsche Bank raises target price on AB Foods

(Sharecast News) - Analysts at Deutsche Bank raised their target price on Associated British Foods from 2,180.0p to 2,300.0p on Tuesday, stating its Primark unit had driven "another upgrade".