AB Foods Share News (ABF)

TOP NEWS: AB Foods raises full-year profit outlook amid strong trading

(Alliance News) - Associated British Foods PLC on Monday said it now expects its full year adjusted operating profit to be "moderately" ahead of last year amid a strong third quarter performance.

LONDON BRIEFING: Stocks firm; Aston Martin signs Lucid, Mercedes deals

(Alliance News) - Stocks in London were set to start the new week marginally lower, with financial markets unfazed by a failed revolt by a mercenary army in Russia over the weekend.

Primark Q3 sales up 13% on strong summer

(Sharecast News) - Third-quarter sales at discount fashion chain Primark grew 13%, driven by strong summer sales and higher prices as customers seek value for money amid the cost of living crisis, leading parent company Associated British Foods to lift annual guidance.

IN THE KNOW: AB Foods "fundamentally strong" with tailwinds on horizon

(Alliance News) - Associated British Foods is "a fundamentally strong business" with good future prospects, leading analysts to take "a positive stance on the group's equity" according to Shore Capital analysts Clive Black and Darren Shirley.

LONDON BROKER RATINGS: JPMorgan sees negative catalysts for Ocado

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

UK earnings, trading statements calendar - next 7 days

UK's Next raises profit outlook on better weather, consumers' wage hikes

Second quarter sales up 9.3% year-on-year

*

LONDON BROKER RATINGS: Goldman Sachs cuts Diageo to 'neutral'

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

LONDON BRIEFING: Stocks set lower after US Fed decision, ahead of ECB

(Alliance News) - Stocks in London were set to open lower on Thursday, after the US Federal Reserve paused its interest rate hikes but indicated that more will follow this year.

LONDON MARKET MIDDAY: Cautious trade as focus turns to rate decisions

(Alliance News) - Stock prices in London were mostly lower at midday on Wednesday, though large-cap indices eked out a gain, as investors looked ahead to a busy two weeks for central bank rate decisions.

LONDON BROKER RATINGS: Goldman cuts Croda to neutral; Davy likes Wise

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

AB Foods bolsters presence in UK dairy with National Milk buy - Shore

(Alliance News) - Associated British Foods PLC's acquisition of National Milk Records PLC has increased its presence in the UK dairy scene and wider agricultural sector, according to analysts from Shore Capital.

LONDON MARKET OPEN: Stocks flat; oil slips amid US recession fear

(Alliance News) - Stock prices in London made little progress at Tuesday's market open, as the spectre of a US recession dulled risk appetite.

TOP NEWS: AB Foods lifts Agri arm with GBP48 million National Milk buy

(Alliance News) - Associated British Foods PLC on Tuesday said it has struck a GBP48 million deal to acquire Aquis Stock Exchange-listed National Milk Records PLC, strengthening its agriculture arm.

LONDON BRIEFING: BAT's 'glo' doesn't; ABF buys National Milk Records

(Alliance News) - Stocks in London are expected to drift lower at Tuesday's open, after a weak close on Wall Street.