Ao World Share News (AO.)

UPDATE: AO World says liquidity position as expected as shares slump

(Alliance News) - AO World PLC said on Monday its current financial performance and liquidity position are in line with expectations, after a press report over the weekend regarding its credit cover caused the stock to drop sharply.

LONDON MARKET MIDDAY: Oil stocks lead way as European shares rise

(Alliance News) - Blue-chip European equities advanced on Monday, boosted by share price gains for oil companies, while markets in the US sat the session out to observe the Independence Day holiday.

PRESS: AO World suppliers suffer credit cover cut - Sunday Times

(Alliance News) - AO World PLC shares slumped on Monday after the Sunday Times reported its suppliers have suffered a credit cover cut.

SMALL-CAP WINNERS & LOSERS: Fullers recovers; AO World tumbles

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Monday.

LONDON MARKET OPEN: Decent start to quarter continues; more AO woes

(Alliance News) - Stocks in Europe made a decent start on Monday, showing no signs of trepidation ahead of a key week of economic data and central bank news.

AO World said to be facing cash crunch, shares tank

(Sharecast News) - AO World shares tanked on Monday following a report the online electricals retailer is facing a cash crunch after a leading credit insurer cut cover for suppliers following a deterioration in its finances.

Sunday newspaper round-up: Rolls Royce, Crude oil, AO World

(Sharecast News) - Rolls Royce failed to sell its Spanish unit ITP last week as planned, although Spanish regulators are expected to sign off on the transaction in the next few weeks. The engineer's proposed £1.5bn sale of the unit to US private equity outfit, Bain Capital, is a "crucial" part of its recovery plan. Holding up the deal is the Spanish government's desire to bring local investors on board. Talks between officials in Madrid and Bain are ongoing. The delays come even as Rolls Royce is facing a leadership vacuum due to the impending exit of its chief executive officer. - Financial Mail on Sunday

SMALL-CAP WINNERS & LOSERS: ProCook sinks after serving profit warning

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Friday.

LONDON MARKET CLOSE: Sell-off as ECB joins hawkish central bank chorus

(Alliance News) - Stocks in Europe extended losses on Thursday after the European Central Bank hinted that half-point interest rate hikes may be on the table, making it the latest central bank prepared to act aggressively to tame rampant inflation.

Online retailer AO World to close struggling German business

(Alliance News) - AO World PLC on Thursday said it will close its German business, potentially booking cash costs of up to GBP15 million in the process, and losing roughly 10% of group revenue.

AO World to close German business, focus on UK

(Sharecast News) - UK online electricals retailer AO World is closing its German business, the company said on Thursday.

LONDON MARKET PRE-OPEN: CMC Markets slashes payout as profit plunges

(Alliance News) - Stock prices in London are seen opening lower on Thursday as investors look ahead to an interest rate decision from the European Central Bank at 1245 BST.

UK earnings, trading statements calendar - next 7 days

SMALL-CAP WINNERS & LOSERS: Card Factory surges on swing to profit

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Tuesday.

LONDON BROKER RATINGS: HSBC upgrades M&G and St James's Place to buy

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