Ao World Share News (AO.)

LONDON BRIEFING: Stocks to rise; Frasers, Centrica post strong results

(Alliance News) - Stocks are called higher in London on Thursday, as investors anticipate the end to the Federal Reserve's monetary tightening cycle.

ShoreCap downgrades AO World to 'sell'

(Sharecast News) - Shore Capital downgraded its stance on online electricals retailer AO World on Wednesday to 'sell' from 'hold'.

Broker tips: Tyman, AO World

(Sharecast News) - Berenberg upgraded Tyman on Wednesday to 'buy' from 'hold' and hiked the price target to 360p from 250p after the company's first-half results a day earlier.

Britain's Currys exploring collaboration with Mike Ashley's Frasers

LONDON, July 6 (Reuters) - British electricals retailer Currys is exploring "a number of avenues" for collaboration with Mike Ashley's Frasers after the sportswear and fashion group amassed a 10.4% stake, Currys' boss said on Thursday.

UK electricals retailer AO World looks to plug into Frasers

Mike Ashley's Frasers has bought 22.2% AO stake

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AO World loses revenue but swings to profit as pivoting plans pay off

(Alliance News) - AO World PLC on Wednesday said it swung to an annual profit in the recent financial year despite a minor drop in revenue, attributing the improved performance to a "rigorous" programme to improve cash and profit generation.

LONDON BROKER RATINGS: UBS likes Pearson; Liberum cuts Naked Wine

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

AO World reports jump in full-year earnings

(Sharecast News) - Electricals retailer AO World reported a robust performance in its full-year results on Wednesday, as it made progress in its strategy to pivot the business towards profit and cash generation.

UK's AO World profit rises on reduced costs, better margins

LONDON, July 5 (Reuters) - AO World, the British online electricals retailer that last month forged a strategic alliance with Mike Ashley's Frasers, said profit recovered in its 2022-23 year as it benefited from a plan to reduce costs and improve margins.

Wednesday preview: UK, euro area services and Fed minutes in focus

(Sharecast News) - Financial markets' focus in the middle of the week would be on services sector activity on either side of the Channel.

UK earnings, trading statements calendar - next 7 days

Frasers Group lifts stakes in AO World, Currys

(Sharecast News) - Mike Ashley's Frasers Group has increased its stake in electrical retailer AO World for a third time to more than 22% and also lifted its stake in rival Currys, according to stock exchange filings on Monday,

Shore Capital cuts rating on AO World

(Sharecast News) - Shore Capital has cut its recommendation on AO World to 'hold', after a rally in the share price.

SMALL-CAP WINNERS & LOSERS: AO World down as Shore downgrades stock

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

Broker tips: AO World, JTC

(Sharecast News) - Shore Capital has cut its recommendation on AO World to 'hold', after a rally in the share price.