AB Foods Share News (ABF)

LONDON BRIEFING: UK watchdog clears LSEG's acquisition of Quantile

(Alliance News) - Stocks were called higher on Friday morning, as the UK mourned the death of the Queen and after a major interest rate hike from the European Central Bank.

Banks lead European stocks higher after record ECB rate hike

Sept 8 (Reuters) - European shares rose on Thursday led by gains in bank stocks after the European Central Bank delivered its biggest-ever interest rate hike to combat inflation, which is running at a half-century high and approaching double-digits.

LONDON MARKET CLOSE: FTSE regains poise despite ECB, hawkish Powell

(Alliance News) - Stocks in Europe largely overcame some early afternoon weakness to end higher on Thursday, after the European Central Bank enacted a historic interest rate hike.

LONDON MARKET MIDDAY: Stock market awaits ECB decision; AB Foods falls

(Alliance News) - Stock trading in London was lacking direction at midday on Thursday, as investors sat on the sidelines ahead of a policy decision by the European Central Bank.

LONDON BROKER RATINGS: Morgan Stanley cuts ITV to 'underweight'

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

LONDON MARKET OPEN: Eyes on ECB; AB Foods sinks on cost pressures

(Alliance News) - Stocks in London opened higher on Thursday morning as investors awaited an important interest rate decision from the European Central Bank, while a warning of surging costs dented shares in Associated British Foods.

TOP NEWS: AB Foods shares fall on warning of future profit drop

(Alliance News) - Associated British Foods PLC said Thursday it expects to report a strong performance for its current financial year through a mix of price and volume increases in its Food business and Primark benefitting from the lifting of Covid restrictions.

ABF FY revenue and profits seen higher after Covid restrictions ease

(Sharecast News) - Primark owner Associated British Foods warned on Thursday that adjusted operating profits and earnings per share would fall in its next trading year despite forecasting strong sales growth over the next twelve months.

LONDON BRIEFING: Melrose plans GKN demerger amid higher interim profit

(Alliance News) - Stocks in London were called higher on Thursday ahead of a European Central Bank interest rate decision later in the day, with analysts expecting a significant hike.

LONDON BROKER RATINGS: Jefferies cuts Tesco and Sainsbury to hold

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

UK earnings, trading statements calendar - next 7 days

M&S finance chief quits to join Primark-owner AB Foods

July 21 (Reuters) - Marks & Spencer said on Thursday finance and strategy chief Eoin Tonge would leave the British clothing and food retailer to take up a role at Associated British Foods (ABF), owner of budget fashion chain Primark.

UPDATE: Marks & Spencer buys contract logistics provider Gist from BOC

(Alliance News) - Marks & Spencer Group PLC on Thursday said it has bought Gist Ltd as part of its acceleration plan to transform its food supply chain.

TOP NEWS: Associated British Foods poaches M&S CFO as finance director

(Alliance News) - Primark owner Associated British Foods PLC on Thursday said it has appointed Marks & Spencer Group PLC's Eoin Tonge as its next finance director.

M&S CFO Tonge leaving to take up new role at AB Foods

(Sharecast News) - Marks & Spencer said on Thursday that chief financial officer Eoin Tonge will be leaving the retailer after just over two years to become finance director at Associated British Foods.