Asos looks to bolster finances to progress turnaround plan
(Alliance News) - Asos PLC announced fundraising plans in a bid to help its turnaround, confirming the suspicions of one City broker.
Read more(Alliance News) - Asos PLC announced fundraising plans in a bid to help its turnaround, confirming the suspicions of one City broker.
Read more(Sharecast News) - Fast fashion retailer Asos has raised £75m from shareholders, it confirmed on Friday, as it looks to shore up its finances.
Read more(Alliance News) - Stock prices in London opened mostly in the green on Friday, as a strong performance from miners helped to lift the FTSE 100 out of the week's slump amid fears of a US debt default.
Read more(Alliance News) - Asos PLC on Friday said that it has raised GBP75 million through a share placing, in order to support its Driving Change agenda.
Read more(Alliance News) - Stocks in London are expected to kick off the final trading day of a fraught week with a minor gain, though US debt ceiling uncertainty continues to temper sentiment.
Read more(Sharecast News) - Cybersecurity firm Darktrace tumbled on Friday after Bank of America Merrill Lynch initiated coverage of the stock with an 'underperform' rating and a "street-low" price target of 240p, which implies 18% downside potential.
Read more(Alliance News) - Asos PLC on Thursday announced plans to boost its balance sheet through a new long-term GBP275 million financing facility alongside a GBP75 million placing as it continues to restructure the business.
Read more(Sharecast News) - RBC Capital Markets upgraded its stance on St James's Place to 'outperform' from 'sector perform' on Friday and lifted the price target to 1,400p from 1,390p.
Read more(Sharecast News) - Citi upgraded online fashion retailer Asos on Friday to 'buy' from 'neutral' as it cut its price target to 600p from 780p.
Read more(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and Thursday:
Read more(Sharecast News) - Asos shares shot higher on Wednesday after Mike Ashley's Frasers Group lifted its voting rights to 7.4% from 5.1%.
Read more(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and Monday:
Read more(Alliance News) - Stock prices in London edged into the green at Tuesday's open, but investors failed to muster much enthusiasm following weak Chinese economic data and fears of a US debt default.
Read moreCurrys up after lifting annual earnings forecast
*Read more(Alliance News) - Mining shares helped the FTSE 100 outperform on Monday, though peers in Europe only achieved minor gains in a tepid start to the week.
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