AB Foods Share News (ABF)

AB Foods lifts FY outlook as interim profits jump

(Sharecast News) - Primark owner Associated British Foods posted a jump in interim profit and revenue on Tuesday as it lifted its full-year profit outlook.

UK earnings, trading statements calendar - next 7 days

LONDON BROKER RATINGS: UBS raises Crest Nicholson; Stifel cuts CRH

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

IN BRIEF: AB Foods appoints Barclays to run GBP250 million buyback

Associated British Foods PLC - London-based food and ingredient company and owner of fast-fashion retailer Primark - Enters agreement with Barclays Capital Securities Ltd to run the second tranche of AB Food's GBP500 million share buyback programme. The second tranche will be for up to GBP250 million and commence following the completion of the first tranche of the programme, expected before May 1. The first tranche, conducted by UBS Group AG, commenced on November 14. All shares repurchased will be cancelled.

LONDON BROKER RATINGS: UBS cuts BAT to 'neutral'; Barclays cuts Senior

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

European, US retailers absorb Red Sea shock, wary of hiking prices

Retailers look to absorb higher freight rates

*

London close: Stocks slip as focus shifts to US earnings

(Sharecast News) - London's stock markets experienced a downturn on Tuesday, despite the release of favourable UK borrowing figures as investors turned their focus to earnings from prominent US companies on Wall Street.

FTSE 100 ends flat as insurers overshadow miners boost

Miners rise after talks of China stimulus

*

LONDON MARKET CLOSE: Investors unsure ahead of key central bank calls

(Alliance News) - Stock prices in London closed mixed on Tuesday, looking ahead to central bank decisions from the European Central Bank and US Federal Reserve, while also reacting to falling government borrowing in the UK.

LONDON MARKET MIDDAY: European blue-chips fall; Primark lifts AB Foods

(Alliance News) - FTSE 100 stock prices in London were largely lower at midday on Tuesday, mirroring its European counterparts, after a positive start to the week gave way to some caution as eyes turn to central bank decisions.

LONDON MARKET OPEN: Stocks see muted open; oil majors rise

(Alliance News) - Stock prices in London opened largely flat on Tuesday, failing to capitalise on broadly positive market sentiment elsewhere.

Primark hopes customers won't notice Red Sea disruption in stores -finance chief

LONDON, Jan 23 (Reuters) - Associated British Foods' Primark business is currently coping with disruption to Red Sea shipments and is hopeful customers will not notice it in stores, its finance chief said on Tuesday.

TOP NEWS: AB Foods backs Primark margin outlook after strong Christmas

(Alliance News) - Associated British Foods PLC on Tuesday reported decent Christmas sales at Primark, making up for a "slow start" to the first quarter for the high street retail arm.

LONDON BRIEFING: Crest Nicholson names Persimmon's Martyn Clark as CEO

(Alliance News) - Stocks in London are called higher on Tuesday, as largely positive sentiment prevails across global equity markets.

Primark Christmas sales up 2.1% despite warner weather

(Sharecast News) - Sales at clothing retailer Primark grew 2.1% on a like-for-like basis over the Christmas period despite warmer weather, parent company Associated British Foods said on Tuesday, adding that it did not expect supply disruptions from attacks on commercial shipping in the Red Sea.